Aussies are demanding a cash guarantee and questioning the Reserve Bank’s online digital currency experiment.
So far, 99 per cent of Australians say they want a government guarantee that cash will always be available, even if a digital $A is introduced, according to the survey below. (Click through to have your say .. ten easy, quick questions).
95 per cent don’t believe Australia needs a digital currency.
78 per cent say accessing cash is getting more difficult in their own local area.
A central bank digital currency trial was announced by the RBA on 9 August 2022:
“Interested industry participants will be invited to develop specific use cases that demonstrate how a central bank digital currency could be used to provide innovative and value-added payment and settlement services to households and businesses.” (RBA Media Release 9/8/22)