Yves Mersch (member of the Executive Board of the European Central Bank):

"If Europe were to abolish cash, it would cut off people’s only direct link to central-bank money. In a democracy, such a link helps to foster public acceptance of central-bank independence, by reinforcing the trust and support of the people in the conduct of effective monetary policymaking.

The ECB will continue to provide banknotes. We will also facilitate the further development of an integrated, innovative, and competitive market for retail payment solutions in the eurozone. If, one day, cash is replaced by electronic means of payment, that decision should reflect the will of the people, not the force of lobby groups."


Articolo completo: https://www.weforum.org/agenda/2017/05/going-cashless-heres-why-it-wouldnt-work-in-europe