I would suggest that the gov't money managers of the world are watching very carefully to see how this turns out.

If the fallout is reasonably contained, look to see a reduction of actual mid level value currency in circulation, replaced with debit and credit cards, phone payment apps etc, until almost all of the transactions are completed on line through a bank or banking system such as visa or mastercard.

This would ensure that all purchases or services would be properly? taxed and a record of funds in the accounts would be helpful to determine or control the citizen's spending and saving which would work well with the politically centre left gov't's agenda.