One of many the explanation why the US greenback stays the reserve forex is as a result of it has NEVER been canceled. Europe routinely cancels cash and banknotes to stop folks from hiding money. British is canceling the excellent previous paper banknotes of the 20 and 50-pound notes. They did concern polymer notes that are nonetheless legitimate – for now. That is how Europe may also pressure Digital Foreign money by ultimately canceling all paper cash forcing the underground financial system to hunt different strategies.
