Soldato
In the scenario when cash or a particular currency devalues then the only immunity is convert it to something else, digital or physical will be worth the same. The problem is we have no way of knowing when, then we just have to look at other investments where we can park our money. This is where diversifying is important.
I don't get your thinking.
the government does QE right. to create "magic money" it doesn't matter if the money is digital or physical.
if the government does Quantitative easing of 50billion pounds, they don't actually print 50billion pounds worth of hard currency
I'm clearly doing a bad job of explaining my train of thought as what you've said is what I'm getting at.
People who use cash tend to argue that its safer, gives them more freedom and is 'theirs'. I don't believe so. As you've both alluded to, if something major were to happen financially, then both physical and digital currencies will be impacted just as much. I also can't think of any realistic scenario where physical cash would be more desirable than digital cash.