Will Coins And Paper Money Soon Be Extinct ? - Page 2

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Author	Replies: 19 / Views: 5,078	Page: of 2

t_y Pillar of the Community Canada 632 Posts	Posted 09/29/2013 12:54 pm We cannot foresee the technological advances. That is why we are in permanent awe or ogling the new thingy for sale. One can only say that "a form of payment or reward" will continue to exist. It's form and shape will change over and over and over in time and place. Report this Post to the Staff
awozny New Member Canada 5 Posts	Posted 10/07/2013 4:51 pm Bitcoin and systems like that may fill the need that illegal types have for untraceable money. Report this Post to the Staff
cspence Valued Member Canada 75 Posts	Posted 10/09/2013 10:32 pm I believe coins and banknotes will be obsolete in the next 30 years, possibly the next 15. Tightening global economy will lead desperate governments to track every transaction made in it's currency for taxation purposes. Sweden is leading the charge, but there are also countries like the UK where cash transactions are up in the last few years. <<<Link removed by new member. Please see the forum rules>>> Report this Post to the Staff
Superhal Valued Member United States 315 Posts	Posted 10/09/2013 10:39 pm Never. As long as electronic payment companies charge a fee, somebody will only sell by cash. There's a mall near my house with a mom and pop supermarket that only takes cash. They stopped taking checks a year or so ago. Report this Post to the Staff
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