Monday, February 17, 2025

The Final Leap: Can a 100% Cashless Economy Revolutionize Public Services?

 

The Final Leap - Can a 100% Cashless Economy Revolutionize Public Services?

Chapter 1: Introduction - Imagining a Cash-Free World

  • Concept of a cashless economy

  • Current status of cashless adoption in various countries

  • Possibilities and concerns of going 100% cashless

Chapter 2: The Perspective of Kalkiism Research Center

  • Introduction to the Kathmandu-based think tank

  • Their economic concepts and proposal for a 100% cashless economy

  • Overview of the four proposed key pillars

Chapter 3: 100% Cashless Economy – A Digital Transformation

  • Importance and impact of digital transactions

  • Elimination of physical cash: benefits and challenges

  • Role of digital payment systems

Chapter 4: Government-Operated Banking System

  • Elimination of private banks and the government banking model

  • Financial stability and the role of the government

  • Potential risks and limitations of government banking

Chapter 5: Zero Interest Rate Policy – A New Economic Vision

  • Problems with an interest-based lending system

  • How a zero-interest rate policy would work

  • Potential economic outcomes and challenges

Chapter 6: Direct Funding of Public Services

  • Digital funding of education, healthcare, and legal services

  • Simplification of the tax system

  • Efficiency and transparency in government spending

Chapter 7: Complete Control Over Money Supply

  • Operation of a government financial system

  • Elimination of black money and tax evasion

  • Strategies for maintaining economic stability

Chapter 8: Eradication of Corruption and Financial Leakages

  • The problem of corruption and its solution in a cashless economy

  • Benefits of financial transparency and tracking

  • Policy improvements through digital transactions

Chapter 9: Technological Requirements and Cybersecurity

  • Necessary technological infrastructure for a fully digital economy

  • Cybersecurity measures and data protection strategies

  • Digital divide and inclusive financial systems

Chapter 10: Global Financial System and Potential Resistance

  • Response from the global banking industry

  • Impact on international trade and foreign investment

  • Economic sovereignty vs. global financial systems

Chapter 11: Can Any Country Take the Final Leap?

  • Case studies: China, Sweden, and India

  • Political will and public trust

  • Possible roadmap for phased transformation

Chapter 12: Conclusion – Is the World Ready for a 100% Cashless Future?

  • Economic, social, and political implications

  • Opportunities and limitations of a 100% cashless society

  • Future direction and potential experiments

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