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There are 2 main simple disadvantages to using cash. The first reason not to use cash is that if it is lost or stolen it may not be replaced. The second reason not to use cash is that it can not be tracked.
Economic Perspective
Using cash makes money supply increase slower. Using debit card and credit card makes the bank transact with real cash less. So money supply increase and decreases rapidly.Thus the can maintain there reserve ratio requirement more easily. It also help central bank or government to control inflation and money supply. It help to achieve faster economic growth.
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