I even when to United Bank for Africa (UBA) they could only pay a certain amount in Liberian dollars which were mutilated. Since printing billions of dollars can’t solve the problem, I hold the strong believe that Cashless Economy can curb the shortage of Liberia Dollars on the market, I must admit. There are many benefits that can accrue from a cashless economy. In countries that have made advancements towards a cashless economy, there is evidence that some of the pitfalls include loopholes in security. While a cashless economy may not be fully realized now, it is something that is surely coming our way in the near future.

Source: Front Page Africa December 04, 2020 06:00 UTC