The Rise of Digital Currency: Understanding the Shift towards a Cashless Society. Digital Money Dominates Physical More than 90% of all money - more than $50 trillion appearing in our account - exists only on computer servers. The sum total of coins and banknotes is less than $6 trillion. Explained elaborated in a detailed SEO Friendly Blog of 5000 words In today's digital age, the vast majority of money exists in the form of digital currency on computer servers. This has become increasingly prevalent as more and more transactions take place online and through electronic means. In fact, estimates show that over 90% of all money, or more than $50 trillion, exists solely in digital form on computer servers. This shift towards digital currency has been driven by a number of factors, including the convenience and ease of electronic transactions, as well as the increased security and speed of digital payment systems. With the rise of e-commerce and online banking, it has become increas...
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