Only 8 percent of the world's currency exists as physical cash. The rest exists only on a computer hard drive, in electronic bank accounts around the world.
This means that most of the money you earn, transact with, use to buy goods and services and so on exists only on computers and hard drives. Only an estimated 8% of currency globally is physical money.
And we bet you've heard about many cryptocurrencies, Bitcoin being the most famous one, but maybe you are interested to find out what is it about exactly and how does that impact ordinary people?
If this sounds interesting to you and spikes your curiosity, you might want to register for our Fintech panel discussion, because this is a tiny part of what our panelists will discuss on 9 December.
Kenan Karčić (Head of Digital Banking Center @ Raiffeisen Bank BiH; Former President of Board of Governors @ American Chamber of Commerce in BiH)
Orhan Gazibegović (Business Development Manager @ Monri Payments)
Dženan Šljivo (CTO @ NAGA, Product Lead @ Ministry of Programming)
Danijel Barač (Former Product, Payments & Risk Executive @ Google, PayPal, eBay, Roku; Currently Advisor @ YamaPay, UniversalGiving)
Moderator: Emin Hajdarević (BH Futures Foundation)