In the latest episode of the 'Espresso Economics' video series, the European Central Bank (ECB) explains why cash continues to remain widely used across all generations, even in an increasingly digital world. In the time it takes to enjoy a cup of coffee, this video illustrates how coins and banknotes remain essential not only for everyday payments but also as a store of value, and dispels the notion that younger people have moved away from cash.
'Espresso Economics' is the ECB's YouTube channel for simple, engaging and accessible discussions of economics and finance that help people make more informed choices – a mission shared by our Museum.