UCI News

Expert: Even COVID-19 can’t end paper money

Futurity, July 13, 2020

July 13, 2020

Expert: Even COVID-19 can’t end paper money

Here, [Bill] Maurer, dean of the University of California, Irvine’s School of Social Sciences, a professor of anthropology, and director of the campus’s Institute for Money, Technology and Financial Inclusion, explains the driving factors behind—and implications of—eliminating physical currency, the changing uses and social relations of money, and the enduring appeal of cash: … “ As far as other payment methods are concerned, there’s some evidence to suggest that coronaviruses survive longer on plastic and metal.”