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by zhte415 1287 days ago
I was surprised at charging a higher rate for cash, until reading the article where it didn't mention that.

What was mentioned was a service fee for withdrawing cash above the limits from bank branches. Which also seemed surprising - to reduce the demand for cash-cash, restrict the supply. That that article mentions 85% of cash in circulation is held outside banks does not also seem alarming, it'd be interesting to read more about money velocity and other non-cash-cash outside the CBDC like non-CB Digital Wallets.

1 comments

If the government or banks impose fees on getting cash, the cost of using cash relatively to digital transactions increases doesn't it?