Most of these are either invented scenarios or not really advantages. - Transactions are final. The merchant has no risk of chargebacks So as a consumer, if I

Most of these are either invented scenarios or not really advantages. - Transactions are final. The merchant has no risk of chargebacks So as a consumer, if I pay for something and the merchant stiffs me, I have no recourse? That's supposed to be a selling point? - The amount transferred is known to you. Whereas with credit cards, the merchant terminal could lie and show you an incorrect amount, and you could approve the fraudulent transaction Do you have any evidence of that actually happening? Even anecdotal evidence? I've never experienced nor heard of anyone experiencing a situation where a point-of-sale terminal showed one price and they were charged another. I have heard of merchants (airlines, especially) tacking on "hidden" fees, but those hidden fees become quite visible when you get to the final checkout page for and you see that the price you're about to pay is x dollars or euros more than the price in bold letters on the listing for the price. I have never once seen a merchant (online or off) display a price on the checkout step and then have a different amount charged show up on my credit card statement. - The maximum amount you can lose is limited by the amount of cash in your wallet (let's say $100), not by your credit limit (let's say $3000). Incorrect. The Fair Credit Billing Act (in the US, not sure what the equivalent EU legislation is) gives consumers 60 days from the statement date to dispute transactions. If the consumer files a dispute, the financial institution has 90 days to correct the charge, or give a written explanation as to why they think the charge was valid. If the transaction is fraudulent, the consumer's liability is limited to $50. I have way more safety against fraudulent transactions on my credit card than I do with cash or check. - It's easy to understand - you have physical tokens with numbers on them. There are no accounts, statements, minimum payments, interest, fees, reward points, customer service phone numbers, etc. Only if you're storing your cash at home, under your mattress. If you're using a bank account, you most assuredly have to deal with accounts, statements, interest and fees. The only valid advantage of cash (and crypto) that you've cited is: - Transactions are private. There is no middleman between you and the merchant to censor your transaction or to sell your purchasing habits to advertising companies. That is why I have a crypto balance. That is why I have a certain amount of cash in my wallet. If Visa, Mastercard, etc. get into a dispute with my merchant, or if the centralized payment infrastructure goes down (i.e. due to a storm knocking out power), I still want to be able to pay people. But would I want to use cash for most transactions? Absolutely not.