Cash payment: this proposal from Gérald Darmanin who could change your habits

Between political pressure, the fight against illegal activities and a dazzling boom in digital, the species gradually retreat in our daily life. Are your payment habits about to switch? “Capital” takes stock.

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Does the cash are liquid for its last hours? One possibility if we believe the latest remarks of Gérald Darmanin. Heard this Thursday, May 22 by the Senate commission of inquiry into financial delinquency, the Minister of Justice has pleaded for “The end of the cash»». The objective? Fighting drug trafficking. “”One of the answers – it is not the only one (…) is the very strong decrease, even the suppression of the liquid to have traceability ”, he added the next day on RTL.

The former Minister of the Interior recalls that the cash flows abundantly in drug networks: between 4 and 6 billion euros per year, only of which “A few million” are seized. But a total suppression of species is not imminent. “”We do not have the political means, then there is a long discussion obviously to have with the French, the liquid money poses other advantages, the advantages of an individual freedom where the state indeed does not look at everything at all times …“He nuanced, always at the microphone of RTL.

In 2018, the 2022 Public Action Committee – made up of French and private French personalities, business leaders, parliamentarians, local elected officials and senior officials – already advocated “gradually reduce the circulation of species to a complete extinctionTo fight against fraud, organized crime, and even to save money.

Will coins disappear?

If the disappearance of tickets is not imminent, the future of small parts seems more uncertain. In Europe, some countries have already reduced the production of parts by one and two cents: the Netherlands, Finland or Belgium. In Ireland, they have not been circulating since 2015. In France, Humanity reports that the Paris currency provides for a 40% drop in the volume of parts by one, two and even five cents by 2027.

For his part, Donald Trump has already passed the course. No more parts of a hundred placed in the piggy bank. As reported Bfmtvthe American treasure confirmed that he had placed his last order from these parts of a hundred which will gradually disappear from 2026. A new little surprising. On its social network Truth Social, the American president already warned last February : “For far too long, the United States has struck a hundred pieces that literally cost us more than two hundred (to be produced). It’s waste!Directed by Elon Musk, the Department of Government Effectiveness (DOGE), responsible for limiting public spending, stressed that each part of one penny cost three times more to produce. A situation comparable in France: the realization of a part of one penny would cost approximately 1.2 cent, that of two cents, 1.97.

Where is the development of the digital euro?

While a position of the European Commission on the disappearance of small documents is long overdue, caution remains in order. Inflation, drop in donations … The consequences question. At the same time, the European Central Bank (ECB) and the national central banks of the euro zone launched in 2021 a virtual currency project: the digital euro.

This currency would work like species, but would be usable online or via smartphone. She wouldn’t train Not the disappearance of cashbut would complement the parts and tickets. On the legislative side, the European Commission transmitted, on June 28, 2023, to the European Parliament and to the Council of the European Union a proposal for a settlement establishing the digital euro. Since then, the ECB has been carrying out an experimental phase. Estimated date on the market? November 2025.