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Is a Cashless Society Really as Good as It Seems
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Is a Cashless Society Really as Good as It Seems?

In the past couple of years, we have all gradually shifted away from using paper money. Be it for the sake of hygiene amid the COVID-19 pandemic or simply for the convenience of not carrying our wallets around, cashless payments have become the new norm. Cashless payments are made possible by electronic money, that is, currency stored on digital databases backed by fiat currencies, like the U.S. Dollar, Indian Rupee or Japanese Yen.