**Deutsche Bank survey: Cash is still king, CBDC popularization has a long way to go**
Hello everyone! Today we are going to talk about an interesting topic - the future of cash, credit cards and cryptocurrencies. 😄
According to BlockBeats, Deutsche Bank surveyed 4,850 consumers in Europe, the United Kingdom and the United States in March this year, and the results showed that cash is still the preferred payment method for most people. Although technology is changing with each passing day, cash does not seem to disappear soon.
### Cash is still popular
The survey results show that 44% of respondents said they prefer to use cash instead of central bank digital currency (CBDC). This shows that despite the increasing number of digital payment methods, the status of cash remains solid. After all, cash is simple and convenient to use, and there is no need to worry about network problems or technical failures.
### Debit and credit cards are more popular
In addition to cash, most respondents said that they prefer to use debit or credit cards instead of CBDC. This is not difficult to understand. After all, debit and credit cards have become an indispensable part of our daily lives and are very convenient to use.
### CBDC Popularization Has a Long Way to Go
Only 16% of respondents believe that CBDC will become mainstream, indicating that central bank digital currencies still have a long way to go in terms of popularization. However, 31% said they prefer to use cryptocurrencies managed by the central bank or government, which shows that people still have a certain degree of trust in digital currencies with official backgrounds.
### Challenges of Private Cryptocurrencies
In contrast, only 21% of respondents said they would choose to use private cryptocurrencies such as Bitcoin (BTC). This may be because private cryptocurrencies are more volatile and risky to use.
### What do you think?
Overall, the results of this survey show that despite the emergence of digital payment methods, cash and traditional debit and credit cards are still the first choice for most people. People have different views on the future of CBDC and private cryptocurrencies.
What do you think about the future of cash, credit cards, and cryptocurrencies? Welcome to share your views and opinions in the comment section and discuss with everyone!