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Cash is still king despite rise of contactless payment

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"Two years ago, the bank’s chief economist, Andy Haldane, proposed getting rid of cash in favour of a government-backed digital currency. But"

via Cash is still king despite rise of contactless payment

Now, Andy Haldane, who is a scholar, a gentleman and a man of exceeding wisdom (and, coincidentally, who wrote a foreword for my new book “Before Babylon, Beyond Bitcoin) did indeed write in favour of a government digital currency, an e£. I wonder, though, if we should make it emulate cash. In other words, should we allow anonymous holding of amounts up to £10,000. 

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