Will Coins And Currency Become Obsolete?

I am not doubting you as much as I am curious. Where can you not use cash or check?

I meant pmts to you like ss unemployment food stamps welfare even payrolls all direct dep or dr cards you receive. Many must be used in that form (food stamps and any other pmt where the person doesn't have an acct to get cash without fees). These pmt types lead to using cards not cash

Well as for payments, only the government can get away with that as every employer has to pay you with a check or cash if you don't elect direct deposit (though most do).

As for the gas station example, I don't know about the state where you live but in Ohio it is against the law to leave gas pumps active and unattended so I see your point about convenience but I have never had one turn down cash.

I can see the argument for businesses wanting better control over employees but in my area I know of several eateries that are cash only but none that are credit only yet.

I just don't ever see cash disappearing, ever.

Theres probably no chance it does in our life time.

But things do change over time. Theres certainly advantages for cash for businesses even if they arent such wholesome advantages aside from avoiding fees. Credit cards are more prevalent in cities for sure, but they seem to get a bigger piece of the market every year.

But 100 years ago people would have said they would never imagine a payment system that doesn't use cash.

A lot of it depends on what time frame your talking about. If its a few decades cash will be here. A few 100 years cash will likely be obsolete but still exist. But if you talk a few thousand years its likely everything will be electronic by then and cash may not exist in any form other than collectables, at the very least its certainly very possible

baseball said:
In the next 100 years every generation alive will have grown up using credit cards as their main form of payment

Your statement brought to mind a trend I have noticed among the
late teen and early 20's kids that are out on there own with their
first place.
None of them use a plastic card of any kind. their paychecks from
the companies they work do the direct deposit thing. But I have
heard them all complain about being caught in a messed up situation
in one way or another by dealing with bank cards be it debit
or credit.
One is when they fill the tanks on their vehicle on a Friday night
at a Speedway with a card, The bank holds back Double the amount
until the next business day. That really upsets them.
And when it comes to the credit cards all of them say that they want
Nothing to do with Debt to a bank where they would have to pay
interest.
It was really strange when I first heard my Son, Nephews, Neices
and all of their friends talking about that one day
at a cook out last year.
Gives me hope.
One other weird thing, None of them want cable in their house.
Even after growing up with it. Some do not even have a TV in
their places. And it is definitely not because they can not afford one. Only the ones that do a lot of video gaming.

Lucky for you your family isn't in that situation but cc debt is very common among young people. Its the exception for an early 20s kids not to have one not the rule. Most have them in high school now and not all learn how to control their spending then.

Banks have tightened up a little with issuing credit but its still not hard for them to get it especially if they had one easier in life they used responsibly.

Im not far removed from that age group and put everything on a credit card, however I only spend what I can pay off completely every month. I always use the credit card though because I get free money back for using it which is another reason theyve become more popular and will keep doing so. You rarely see cash discounts and without that you dont get rewards for spending cash like you do credit cards

I have more cash in my safety box than on deposit in the bank. For me, electronic money has become less utilized the last few years because of risk. For the .1% interest it simply isn't worth have your money comingled with worthless loans and dodgy securities the banks own.