"...what is cash?" -Zimbabwe.
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Crypto is the new oxygen
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Cash should never completely disappear! If it does our controle over who knows every detail of our lives is lost totally. It should be a human right to make purchases and movements without companies & governments tracking us.
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I think the real question isn't about the transition possibility but the transition time. The average US dollar bill is likely to live much longer than before, simply because people often have the option of using credit or debit options.--
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An interesting point
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It already has.I tried to buy a juice in brooklyn with cash last time I was in NYC - they only took cards.Not kidding-they refused my cash.
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it will displace China will be the leader 哈哈
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that is until this happens: https://goo.gl/1Dt44y , or a bank goes belly up. Minsky moment where people realize CUSTODY is the defining characteristic of cash, and they sold it to governments, and hey presto! gold and silver coins come back.
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It is easier to track our purchases without cash
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Down here in Venezuela's already happening for quite a long time, but not for good.
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In summary: Perhaps paper money will go the way of paper print. Virtual is cheaper, and economics drives everything.
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I love holding my cash and smelling them. It’s a pleasure. Can you smell BTC?
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a cashless society is fine, unless you only have cash..millions cant get cards..what will they do,,barter?..the banks will have ultimate power..
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And then the rich will fund hackers to steal others online money! There'll be one bloke left with all the money.... what a great idea
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Cash will most likely be here for countless years and this article tells you why. https://www.quora.com/How-close-is-the-US-to-eliminating-cash-entirely-and-replacing-it-with-electronic-currency …
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It will from your advertizers
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