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what is the need of a cashless society?
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 58351648:MV8yNTcyMTY4XzQ0Nzc3NTI2X0Y0NDA4NTgz] [quote:Anonymous Coward 55592949:MV8yNTcyMTY4XzQ0Nzc3MDkyXzE2MTI1QUJB] [quote:Anonymous Coward 32966590:MV8yNTcyMTY4XzQ0Nzc1ODE2XzdEQkM4RDk4] [quote:Anonymous Coward 10681408:MV8yNTcyMTY4XzQ0Nzc0NDYzX0YzMzE3MUQx] Money isn't real. [/quote] Money is real. We use federal reserve notes as currency. Federal reserve notes are not money. [/quote] There is NO real money in use today. Real money is gold and silver. Real money has value ALL BY ITSELF. Paper is FAKE money. Computer digits are FAKE money. [/quote] This is correct to some degree. If you were required to provide the physical currency you have as is (with out a bank supporting it) it is worth nothing but the paper it is printed on. Gold has value because it is GOLD. Water has value because it is WATER Cash has value equal to that of PAPER Bank Cards have a value of PLASTIC We all are trusting a bank to hold real currency for us. But there is nothing in the banks anymore except for hard drives, plastic and paper money. Gold is a real currency. Paper is a document in place of a real currency...which isn't even there anymore....... [/quote]
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Will this be the future of our coming generation ?
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