Don’t have cash? No problem. The number of places where you can use cashless transactions has multiplied in recent years, from digital wallets to contactless payments on public transit. For all the convenience of digital currency, however, there are significant downsides to eschewing cash, according to Lana Swartz, an assistant professor of media studies. Swartz argues that cash is a “universal, public, printed monetary medium” that makes it possible for people to participate equally in economic exchanges.
Lana Swartz, "In Praise of the Dollar Bill," MIT Technology Review, 15 April 2022
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