Could a country survive and maintain economic stability if it phased out cash?

[jameshowlett]

No, it will never happen because the government will never accept any other currencies, especially digital ones to replace their national currency. Even if in the worst case scenario, the government will know how to maintain their money for the whole countries, unless they collapse

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[Hydrogen]

Imagine you want to sell your used car. Have a yard sell to get rid of things you no longer use.

Cash makes these things easy. Once cash is outlawed these things become much more difficult.

Phasing out cash cripples the economy in many ways. Limiting cash transactions has the same effect to a lesser extent.

[neochiny]

If they adopt an outside crytocurrency rather than making their own cryptocurrency
could be disastrous to their economy. by making and implementing their own cryptocurrency
they will have the ability to manage, regulate and make changes to the currency if needed.
It will take several years for them to completely phase out their cash, but if they were(a country) to
implement these changes everything must be perfect otherwise it could lead economic disaster.