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War on digital payment fails to hit target – Breakingviews

May 20, 2022
Reading Time: 6 mins read
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Review: War on digital payment fails to hit target – Breakingviews




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Brett Scott’s “Cloudmoney” seeks to remind the world of the value of physical cash. It’s true that an overly automated system of money carries risks like the potential for surveillance. But the campaigner underestimates consumer demand for digital transactions.

This Views Flash will be followed shortly by a Considered View

See more stories by Karen Kwok

Source: REUTERS/Michael Dalder

A contactless payment system is pictured in Aschheim, Germany, September 6, 2018.



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