Digital currency is only a pilot project in a few areas, which will bring great convenience to people's payment, but it is unlikely to be accepted by most people. First of all, the elderly are very difficult to operate, and most of them will not use digital currency; On the other hand, to use digital currency, you must have a mobile phone first. In some remote areas or economically backward places, it is still a heavy economic burden for everyone to own a mobile phone, so it is unrealistic. And sometimes mobile phone failure will bring inconvenience to daily payment. Third, digital currency's overall implementation is modest in bundling consumption, because before consumption, everyone has to buy a valuable mobile phone, which is unrealistic and unreasonable. Fourth, RMB will always be legal tender, and no unit can refuse RMB.
In view of the above reasons, it is impossible to cancel the legal circulation of RMB, and since people are still using RMB, it is impossible to cancel ATM machines.
First of all, your question is a bit difficult to answer. Let's just say it may disappear, but it can't be in recent years, and it will take 20 years at the earliest.
Why do you say that? In fact, just like WeChat and Alipay, there are still many elderly people who don't need to pay by mobile phone. No matter what kind of app you are, digital RMB is different from third-party payment, but it is the same for the elderly. As long as they need to pay by mobile phone, they are not used to it and will not choose to use it, so it is impossible for the country to cancel ATM machines in a short time.
It is possible to achieve it in 20 years, mainly because our generation is old and knows how to operate. And with the passage of time, digital currency will become more and more popular. By that time, there will be no difficulty, and the cancellation of ATMs will also reduce a lot of economic expenses. Knowing how many ATMs there are in the country is a considerable expense. By then, ATMs will no longer be necessary, and of course they may become history.
The introduction of digital RMB has nothing to do with the disappearance of ATM machines.
As a form of legal tender, digital RMB is the same as RMB in circulation, and it can be accessed through ATM, so ATM will still exist everywhere.
At the "Digital Wangfujing Ice and Snow Shopping Festival" recently held by Beijing Xicheng District Government, every winning customer can get the 200 yuan digital currency. In order to cooperate with digital currency, ICBC can freely access digital currency at ATM, which is as convenient as accessing RMB. On ATM machines, you can also realize the two-way exchange between digital currency and RMB.
Digital currency holders who do not want to use the digital currency can change it into RMB at the ATM and transfer it to the relevant savings card.
The biggest obstacle to the promotion of digital currency is the elderly who can't use smart phones. Now the bank has thought ahead for others. For example, the Postal Savings Bank has introduced digital RMB passive visual card hard wallet and fingerprint card hard wallet, which have the function of superimposing health treasures. This digital RMB hard wallet completely gets rid of the shackles of smart phones, and payment can still be completed without smart phones.
If this multifunctional graphics card can be used on ATM machines, ATM machines will be even less likely to be eliminated.
Personally, I tend to think that if digital currency is further popularized in the future, the functions of ATMs will be upgraded. ATM machines should not only complete the settlement, payment and storage functions of RMB, but also complete the settlement, payment and storage functions of digital currency, and also complete the exchange between digital currency and RMB. The usage of ATM machines will not be reduced at all.
The birth of digital currency will change our understanding of money. First of all, the money counter will definitely disappear.
For thousands of years, people's cognition of money belongs to personal property and can do whatever they want. The birth of digital currency changed the nature of money. Digital currency belongs to the central bank, and individuals only have the right to use it.
After n years, it will be as useless as the external public telephone installed outside the telecom.
As a scientist, let me talk about my opinion.
First of all, the application space of digital currency will gradually expand in the future. Because digital currency itself has many advantages that paper money does not have, the use of digital currency will greatly reduce the circulation cost of money itself and bring a safer and more convenient use experience. However, the popularization and application of digital currency itself will take a long time, and the traditional banknote teller machine will not disappear in the short term.
Thanks to the gradual development and maturity of the domestic Internet ecology, people's consumption through online payment has become an important way to use money. But now online payment is just the digitization of money, not the concept of digital currency. After the launch of the real digital currency, it will further enhance the experience of online payment, especially the security of online currency transactions.
Payment is a core link in the current Internet ecology, and various innovative models and business models often need to realize value through payment. Therefore, to some extent, the Internet ecology is also a monetary ecology. At present, the launch of digital currency will undoubtedly promote the innovation of the Internet, and the launch of digital currency will also reduce the operating costs for more SMEs.
Finally, the introduction of digital currency has an important positive significance, that is, it has opened up many hidden links of currency circulation on the Internet. This is a very important progress, which has greatly promoted scientific and technological innovation, brought more innovation opportunities to many entrepreneurial enterprises, and helped to break down many existing barriers. I believe digital currency will also support the application of big data, artificial intelligence and other technologies.
If you have questions about the Internet, big data, artificial intelligence, or postgraduate entrance examination, you can trust me privately!
Until now, many people still only believe in passbooks, not cards. Ignorance? Not necessarily. These people are smart and alert. In other words, they instinctively distrust banks. Digital coins are even more difficult to gain the approval of conservatives. Even if digital currency is definitely adopted in the future, it will take a long time, and a large number of people will still insist on using cash. Dear friends, pay attention!
Recently, Longhua District of Shenzhen provided red envelope benefits to those who stayed in Shenzhen, and this time the red envelope was in the form of digital RMB, which had been tried out in several cities earlier. From Shenzhen to Suzhou and then to Shanghai, the pace of promoting digital RMB in major cities is accelerating. Many people will have questions: Will the ATM opportunities for deposit and withdrawal disappear after the full implementation of digital RMB?
In fact, there is no need to worry too much about this problem, which can be seen from the hottest mobile payment now. With the popularity of Alipay and WeChat payment, people gradually go out without cash and can complete most transactions with only one mobile phone. Even so, ATM machines have not been reduced or stopped, which shows that cash is still of great significance in modern society.
Because there are always some scenes or some people can't use mobile payment or digital payment, the important medium of paper money must be kept. Moreover, most elderly people in China can't use smart devices. If the ATM machine is cancelled, such people can only go to the bank counter to deposit and withdraw cash, which will increase the burden on banks and them.
Generally speaking, it is unlikely that ATM machines will be cancelled for a long time in the future, because the risk will increase when a country's currency is stored or consumed online, so paper money will still be retained, and ATM machines for access will also be retained.
Digital RMB and paper RMB are actually two different RMB. Theoretically, digital RMB belongs to cash, but it has not been separated from the banking system. Its payment can be traced back, that is, who paid the money, the bank can find out. The ATM machine takes out paper RMB and leaves the banking system after taking it out. Who the money was paid to and where it came from can't be traced. If the country did not force the cancellation of paper RMB, ATM machines would certainly not disappear.
When digital currency comes out, you don't need a red bag for the holidays. Ha ha ha ha, see if you dare to take out your mobile phone and scan the code to get a red envelope.