In the future do you think we will completely abandon cash and that all payments and transactions will be done digitally? - Seedly
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Anonymous

Asked on 16 Nov 2018

In the future do you think we will completely abandon cash and that all payments and transactions will be done digitally?

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I would say within the nect decade, payments would be largely digital. All movement of $ will be tracked. Only motivation for cash payments would be to avoid detection for reasons we all know.

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šŸ‘ 1

Hard. Maybe it will happen after like 40-50 years.

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Gabriel
Gabriel
Level 8. Wizard
Updated on 19 Nov 2018

Maybe in the future (a few decades), but definitely not in the near future.

Too many choices?

https://www.channelnewsasia.com/news/commentary/singapore-cashless-society-digital-e-payment-smart-nation-facade-10937012?cid=FBcna

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šŸ‘ 0
Yong Kah Hwee
Yong Kah Hwee
Level 8. Wizard
Answered on 16 Nov 2018

Yes. I'm expecting it to be done within the next decade or so

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Lok Yang Teng
Lok Yang Teng
Top Contributor

Top Contributor (May)

Level 9. God of Wisdom
Answered on 16 Nov 2018

Could be possible, but transition to completely cash free will be very slow.

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