Friday, June 15, 2012

The Beginning of The End of Cash

The Beginning of The End of Cash

The Beginning of The End of Cash
Cash’s role is waning, as mobile, encryption, and other technologies let us plug directly into the digital economy
By Glenn Zorpette  /  June 2012


Quote: "Money is the most important abstraction human beings have ever devised. And yet that abstraction has not been fully embraced. Decades after money began going electronic, we all continue to cling to cash, a quaint vestige from earlier eras when money meant cowrie shells, giant stone disks, and shiny
 gold pieces. Of the many things we could do now with technology, getting rid of cash would be one of the more sublime.
"

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