Cash ‘on the Verge of Collapse’ While Bitcoin Transactions Near Record Highs

2019-3-6 14:42

A new report claims that cash is “on the verge of collapse” in the UK, with cash transactions expected to almost vanish in the next decade. Meanwhile, bitcoin transaction volume is surging towards an all-time high and mainstream vendors like Starbucks and Krogers are considering methods of cryptocurrency payments.

The outdated cash infrastructure is set to be eclipsed. And bitcoin is positioning itself to replace it. The Access to Cash Review says that the current rate of decline would mean cash use in the UK would end in 2026. #digitalpaymentshttps://t. co/ZnXgQRUaGS — Swissquote (@Swissquote) March 6, 2019 Cash Is “on the

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