In a recent statement, Bundesbank Executive Board Member Burkhard Balz urges a concerted effort from financial and political spheres to uphold the long-term existence of cash. The call stems from a survey revealing that 93 percent of respondents wish to retain control over choosing between cash and digital payments. Balz stresses the urgency for collaborative measures to address this preference for payment freedom, citing a notable decline in ATMs and bank branches.

Is he a false friend??