💵 What will happen to cash in 5 years: will it disappear or become a 'Plan B'?
By 2030–2031, paper money is unlikely to disappear completely. But its role in everyday life will noticeably decrease. The world is rapidly moving towards digital — and this is already obvious 📱
🔻 The share of cash will noticeably decline
In many countries, cash transactions may shrink to minimal levels. Cards, smartphones, and QR codes are already more convenient today — in 5 years, this will become the norm.
💳 Central Bank Digital Currencies (CBDC)
More than 130 countries are testing their own digital currencies — from the digital ruble to e-hryvnia. Central banks, including , are actively studying and implementing new formats. This is an alternative to cash, but not its immediate replacement.
🏦 More control
Regulators are gradually tightening the rules: withdrawal limits, transaction control, transparency of circulation. The trend is clear — the financial system is becoming more 'visible'.
🪙 Banknote updates
Central banks will continue to withdraw old and small denominations, replacing them with coins and new series.
⚡ But in the end, cash will not disappear
It will remain for tips, street trading, and as a 'Plan B' in case of digital system failures.
