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Predicting a Future Free of Dollar Bills

An anonymous reader writes with this story about how a cashless society might work and how far-off in the future it is. "...We're not there yet, but a cashless society is not as fanciful as it seems. Recent research suggests that many believe we will stop using notes and coins altogether in the not-too-distant future. New payments technologies are rapidly transforming our lives. Today in the U.S., 66 percent of all point-of-sale transactions are done with plastic, while in the U.K. it's just under half. But while a truly cashless society is some time away yet, there is raft of groundbreaking technologies that will make cash a mere supporting act in the near future."

3 of 753 comments (clear)

  1. Cash Needs To Go Away by Anonymous Coward · · Score: 0, Troll

    Cash needs to be done with because its primary uses these days include buying illegal drugs, pay for illicit services, dodge taxes, and conduct money laundering.
    No normal human being in America really needs to keep using cash for legitimate purposes these days.
    I can't wait till cash is just abolished, anonymous money transactions are really evil and hurt America.

  2. Re:Why? by Anonymous Coward · · Score: 0, Troll

    The Powers That Be have never frozen any of my accounts...

    Yet. Tomorrow's another story, especially with the ever-expanding police state.

  3. Re:Last century stuff by aristotle-dude · · Score: 0, Troll

    I never carry any cash on me and even pay 10 [euro] cent (roughly equaling a dime) purchases with plastic. And I'm certainly not the only one amongst my friends. Cash is clumsy, dirty and so last century. That's Finland for you.

    You pay 10 euro cent transactions with plastic? Do you like stealing money from merchants because that is what you are doing when you consider merchant fees prick? I hope you are not a finn because you don't seem to have any sisu. Are you a recent immigrant to Finland?

    Honestly, you should be taken out back and beaten if you actually use plastic to pay for small purchases prick.

    --
    Jesus was a compassionate social conservative who called individuals to sin no more.