‘Cash Can’t Crash’: Why Physical Money Is Here to Stay

‘Cash Can’t Crash’: Why Physical Money Is Here to Stay
A bookmaker prepares for the first race of the day ahead of Australia's premier horse race, the 157th Melbourne Cup at Flemington Racecourse in Melbourne on Nov. 7, 2017. PAUL CROCK/AFP via Getty Images
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It’s said money talks, but the conversation about a cashless society has grown “coinvoluted.”

From credit and debit cards, to digital wallets on mobile phones—the ways Australians now choose to pay has sparked questions about whether cash is becoming obsolete.