Try to use digital at a flea market or a garage sale. It won’twork. Ths is a device urged by totalitarianists who reside in apartments in large cities. They have no concept of real life!!
I’ve seen it used at flea markets. All a vendor needs is that little attachment for the cell phone.
I’ll never forget the case where the police shut down a kid’s lemonade stand because it didn’t have a license and was’t collecting sales taxes.
That is the biggest draw of digital currency for government.
They get to tax every transaction.
Every transaction is recorded and taxed.
They think that the server farms for Amazon are huge, wait until the entire economy operates on digital currency.
Of course it will. Similar to Venmo or Zelle or CashApp or GooglePay or ApplePay.... There are few flea market vendors that currently don't accept multiple non-cash options. This proposal would eliminate all of these. The problem with a state managed digital currency is privacy.