Could You Survive a Cashless Society?
A recently published ExtremeTech.com article, explores the likelihood of a completely cashless society. It may sound radical, but the statistics suggest that it will happen sooner rather than later.
Currently, in many countries, paper money and coins power less than 10 percent of the economy. In the United States, the exact number is 7 percent.
The article’s author surmises that it will be a matter of a few decades before almost all businesses stop accepting cash, forcing governments to stop minting coins and printing bills.
ExtremeTech.com has additional information.