Many countries are transitioning from paper money for example the UK, Australia have somewhat eliminated paper currency. There is more but I can’t think off the top of my head and I do have multiple foreign notes that are not paper.
All have either switched or are transitioning into polymer money, there is more but that’s just to name a few. I think it’s interesting what type of currency other countries use.
True you’d like to think that, but countries like the UK for example have made paper money obsolete meaning you can no longer use them as legal tender.
I believe Australia have a similar process as well.
And like you say they should accept paper money for a while but I can see some countries just well just making paper money obsolete
Many countries are transitioning from paper money for example the UK, Australia have somewhat eliminated paper currency. There is more but I can’t think off the top of my head and I do have multiple foreign notes that are not paper.
Edit: Canada, Vietnam, New Zealand, Brunei, Maldives, Vanuatu, Mauritania, Nicaragua, Romania….
All have either switched or are transitioning into polymer money, there is more but that’s just to name a few. I think it’s interesting what type of currency other countries use.
Yeah, the USA is generally transitioning away from paper currency as well, but it’s definitely still a thing.
Even if countries decide to totally stop making paper money, they should still accept money still in circulation of noted value for quite a long time.
Should…
True you’d like to think that, but countries like the UK for example have made paper money obsolete meaning you can no longer use them as legal tender.
I believe Australia have a similar process as well. And like you say they should accept paper money for a while but I can see some countries just well just making paper money obsolete