Show of Hands

Only a matter of time .......

Yeah, what happens when we get hit by an EMP or solar flare? We are screwed. Why would anyone think this is a good idea.

Yes. 😎👍

No. What?? Anyhow!! Are we going to let kids access gumball machines for free? If not, what??? Outlaw gumball machines??

It will be inevitable but we are not ready for that yet. The technology is not advanced enough to be fully secure.

Considering there are still concerns of hacking into everything from social media to elections why would we put our currency at risk?

I can’t even imagine how terribly something like this would affect the homeless

What happens when there is an EMP?Natural or by a military enemy?

I am pretty sure its inevitable.

Hellllllll no, how many companies are hacked weekly?

It will some day. I have read the end of the book.

No, cash is still king on some occasions:
Small transactions
Giving a small amount to a beggar
Coin operated vending machines
Buying a hotdog from a mobile vendor
For legal minors: pocket money

The Gettys and Rothschilds think so.

No, because cash is untraceable

Not unless there is a way to make "electronic currency" free, available to everyone without needing to first establish some kind of account, and transactions using it anonymous and untraceable. At a minimum. I don’t see any of those things happening anytime soon, much less all of them.

Eventually yes but not now.

Ya so the powers that be could annihilate your entire net worth at will when you become a problem.

Will happen at some point

No. Electronic is too vulnerable to hacking and loss. If your power goes out or cell service goes down you will likely not be able to purchase anything.

Sounds like some dystopian sci-fi nightmare waiting to happen.

“It’s for the best! It’ll be easier! Less costly for people” -governments, businesses and banks

Reality - government and business tracking every move for taxing and marketing opportunities. Surveillance. Digital Money laundering by 3rd world counties. Digital warfare by terrorist nations. Bartering underground economy using anything of value like some medieval village.

I wouldn’t make it a law but it’s on its way out tbh.

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Yes I think it’s happening already slowly step by step.

Phased out by whom?

Best answer: No.

The only time I handle cash is to pay my housekeeper and it drives me nuts that he doesn’t accept Venmo/PayPal/ApplePay like the rest of my service people. I rarely carry a credit card with me anymore, let alone my wallet. NYC, everyone accepts ApplePay.

Probably the worst idea ever. Among other things, it’s been shown in studies that people tend to spend more on average with a card than cash. People’s entire concept of money would go away.

No. This will make everything more expensive because you’ll overload current cyber security demands and sorry but not all transactions need to be on the books. This allows everybody to keep an eye on YOUR money. Also poor people would be adversely affected.

I hate that this question is even a consideration. May as well get rid of birth certificates and social security cards too. We can just put them all into little chips and implant them (agree to the privacy policy that states you sign your life away) more convenient for everyone. 🙄

Keep cash , just do away with pennies I hate them, they cost more to mint than they are worth🤬‼️

What a scary thought! No!

hell no!!

There are probably some practical reasons for doing this, but I can't help but think of end times prophesy about the mark of the beast and not being able to buy or cell without it. Electronic currency makes me nervous.

Eventually.

How are the cartels, and mafia supposed to launder their money that way?