Banknote Reporter

Cash or Cashless

Are we going to use physical cash in the future, or aren’t we? We can’t have it both ways—or can we?

A recent YouGov survey in the United Kingdom indicates only three percent of those surveyed have gone completely cashless. Despite this, the Royal Mint didn’t produce any twopence coins during 2022. This followed a dismal 117.7 million pieces minted one year earlier. In defense of the mint, no twopence coins were produced between 2018 and 2020. Likewise, no penny coins were issued in 2018

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