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Posts: 1,288 | Thanked: 4,316 times | Joined on Oct 2014
#13
Originally Posted by juiceme View Post
Banks are lobbying really hard to end use of physical currency for once and for all; one of the stated reasons is fighting against organized crime but I kind of suspect it also has something to do with the cost of handling physical money objects which is not trivial...
Absolutely, handling physical money is an expense tp the Banks. They dont want it, and are trying to make it costly for shops to accept physical money.
 

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