CashEssentials (CE) is a global, independent think tank, whose mission is to monitor ongoing developments and undertake research and analysis on cashMoney in physical form such as banknotes and coins. More and its future, while providing a platform for balanced inquiry and debate about cash, payments and monetary systems, for the benefit, viability and well-being of all.
Why Cash, Why CashEssentials?
Banknotes and coins are a collective good integral to society and its proper functioning, the evolution of cash, therefore, should be shaped collectively; that is, in the joint long-term interest of individuals, businesses, regulators, non-state actors and society. In our view, the future of moneyFrom the Latin word moneta, nickname that was given by Romans to the goddess Juno because there was a minting workshop next to her temple. Money is any item that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular region, country or socio-economic context. Its onset dates back to the origins of humanity and its physical representation has taken on very varied forms until the appearance of metal coins. The banknote, a typical representati... More is not just a technology issue. It is fundamentally a socio-economic issue: the future of the monetary system should be efficient; fair; inclusive; resilient; sustainable; respectful of individual privacy and include a vision for human betterment. A part of that solution is cash.
In a rapidly digitising society, we believe in the imperative of keeping cash up-to-date and open to changeThis is the action by which certain banknotes and/or coins are exchanged for the same amount in banknotes/coins of a different face value, or unit value. See Exchange. More, as it possesses a set of unique attributes. Cash is non-discriminatory and can be used by everyone; protects individual privacy; is a crisis safe-haven — cash does not crash — and is a friend of the poor and unbanked.