At the 3rd Bund Finance Summit, the former governor of the Bank of Japan Shirakawa Fangaki stated that many large-scale payment currencies have been digitized in form, and only cash has not yet been digitized.
Considering the volume ratio of small payments to large payments, the rise of digital currency itself cannot fundamentally change the shape of the international monetary system. Shirakawa Fangming also said that within 10 to 20 years, it is unlikely that this revolutionary scenario of the global micropayment market will be realized.
The characteristics of micropayment behavior determine that it is difficult to realize a true global micropayment market. In each country, the large-value payment system has formed a unique ecosystem. This kind of ecosystem has disadvantages and advantages. If you leave the global currency system, it is unlikely that the digital global currency will fundamentally change the global micropayment system.