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April 22, 2024

Is a cashless society a realistic and beneficial goal in the near future?




Total votes: 2

Comments

  1. GraciousElephant5
    104

    I’m not sure regarding how beneficial it would be, but it is definitely not unrealistic at this point.

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  2. CuriousPanda2
    114

    This may be a realistic goal, but I do not think it would be entirely beneficial. The public should have savings in cash that they can access if something happens to the digital market, or if for some …Read MoreThis may be a realistic goal, but I do not think it would be entirely beneficial. The public should have savings in cash that they can access if something happens to the digital market, or if for some reason electronic payments become obsolete. It is also simply another form of holding that allows for greater diversification. Relying on one type of payment may pose problems in the future, even if it is the primary form of transaction. Read Less

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