What is the Value of Cash?

Perhaps this feels like a nugatory question. But when you consider that between 2003 and 2024 there were five times as many studies about the cost of cash than about its value, and that the cost studies were mostly based on numbers while the value studies were more theoretical or descriptive, then the question starts to make sense.

The importance of cash was a recurring theme during G+D’s Currency Technology Symposium (CTS) in July.

Dr Wolfram Seidemann, CEO of G+D Currency Technology, spoke on the first afternoon about designing the future of money. Given that it took 100 years between the invention of the light bulb and there being a billion users, but only 60 days for there to be a billion users of ChatGPT, there is some urgency to get this right.

G+D is focused on designing the future of money around the five A’s – access, availability, acceptance, authentication, and affection – and presentations and workshops provided options and thoughts on these topics.