At this point in time I'm at much higher risk of my electronic money being stolen than my cash, and if someone steals my cash I know about it instantly. They c

At this point in time I'm at much higher risk of my electronic money being stolen than my cash, and if someone steals my cash I know about it instantly. They can't skim my cash, can't MITM my cash transactions, they can't accept payment and then not deliver (more fraud than theft, but still) because the cash and the object being purchased are both right there. So I think you are wrong.