Should We Fear Or Embrace A Cashless World?
Posted: Tue Apr 26, 2016 9:22 am
A cashless world — is it a fantasy, a real future or a step back into the pre-Phoenician civilisation? As we move farther and farther into electronic payments, the need for cash is slowly vanishing. Cash is uncomfortable, old fashioned and either way ends up as digits in banking IT systems. There is almost no reason for it to stay — but ‘almost‘ is the keyword explaining why we still have it.
[b]What A Wonderful World[/b]
The most obvious real-life example: you go to a shop, buy something, want to pay with cash. After handing out a high note to the cashier, you ... (read more)