3 ms·
In my lifetime I doubt that cash will go away, even in the highly developed countries that I've lived in. In the US and Europe it's used in smaller transactions
by yladiz 9y ago
In my lifetime I doubt that cash will go away, even in the highly developed countries that I've lived in. In the US and Europe it's used in smaller transactions, like a concert or dance event, where paying with card is significantly slower than cash, and beyond that you can definitely find cash only places, especially outside of a major city. If you travel outside of the US or Europe, many places deal only with cash, like Thailand or central Asia. I know that it's posited as better against corruption, but there are still some people that don't want a bank account and would prefer checks/cash for their pay and I don't see that going away anytime soon unless it becomes illegal (which won't happen).