Governments across the world provide subsidies for various activities. Most countries provide farm subsidies; education, health and even fuel is subsidised through government largesse.
Now, to promote electronic payments, I should think governments should dish out subsidies. Governments can be creative on this one; let's say a country starts issuing E Dollars; the cost of which should be definitely lower than paper notes. All government
services should cost less when paid by E Dollars. Again, governments must encourage acceptance of EDollars across the economy as compared to cash.
It's time for governments to shift their subsidies to electronic payments. These will pay themselves back very soon.
We need more 'liberals' fighting for the right kind of subsidies! Let's start with electronic payments.