This could put a damper on CRHing

[SilverJack]

http://news.yahoo.com/sweden-cash-king-no-more-082544562.html

While this is in Sweden, if the trend moves to the US, which I'm certain it will to a certain degree, it may make it a bit difficult more difficult to get boxes and boxes of coin.

Just food for thought.

 

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[n8dagr8345]

Interesting article- I think with the fees associated with many digital currencies and credit cards I do not feel this will be the standard. Also, with hackers being able to get ahead of the defense against them, I would hate to see a society run with digital money. However, I do agree that these trends will be pushing into the US market with the smart phone being in everyone's hand.

Who thought we would be depositing checks with a picture, or paying parking meters from our cell phone?

N8

 

[FreedomUIC]

Interesting article- I think with the fees associated with many digital currencies and credit cards I do not feel this will be the standard. Also, with hackers being able to get ahead of the defense against them, I would hate to see a society run with digital money. However, I do agree that these trends will be pushing into the US market with the smart phone being in everyone's hand.

Who thought we would be depositing checks with a picture, or paying parking meters from our cell phone?

N8

The best one I seen----Lady ahead of me at the checkout brought up the companies add on her smart phone. They scanned the stinking phone and gave her the discount
for the electronic coupon........

 

[GimmeSomeSilver]

Let them change their money; but they better not change their girls!

 

[sack0silver]

Yay for big brother

 

[That Canadian Guy]

I don't think cashless societies will ever work. It would be too easy to create money out of thin air and the "money" supply would cause hyperinflation.

 

[fistfulladirt]

I don't think cashless societies will ever work. It would be too easy to create money out of thin air and the "money" supply would cause hyperinflation.

yeah, who could ever think that could happen

 

[FormerTeller]

I'm not going to hold my breath...