Because it doesn't solve any problem that anyone has? Bank transfers and card payments are easy, fast and already widespread, at least everywhere except for the US.
Is printing tons of physical money solving problems people actually have either or is it just increasing costs from having to manufacture, transport, secure, etc physical money.
We all just read an article about society going cashless without any Blockchain stuff. No need to print physical money just hand out cheap loans digitally.
When you deposit money at a commercial bank, and they send the excess cash to the central bank, they do get central bank reserves.
However, that doesn't mean it happens routinely. Most banks probably just send the cash between one another, decided via a clearing house with no central bank middle man. I am only describing the cash handling process here by the way. 99% of the business still operates based on electronic reserves.
The government doesn’t care about cash. They make a little money printing it. But are much more concerned about the state of the economy and don’t care how people are paying for things.
A money printer doesn't just magically create money out of thin air. Printing it as a cryptocurrency would use less energy than printing it physically. Alternatively the government could just edit a bank account it already has and just increase its balance.
