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Will coins and paper money become a relic of the past?  email this discussion to a friend?

myLot reputation of 99/100. harshadod (521) 2 years ago

Credit card, internet banking, mobile banking and mobile currency payment emerging slowly and steadily, will it make coins and paper money a relic of the apst.
Also will counterfeit money have its natural death?

Will nations lose their ability to print more money?????

 

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ShortyNPink (17) response was accepted on 2/22/2011.
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tags:  coins, paper money, e commerce, internet banking, money
 
1. ShortyNPink (17)   2 years ago

Very interesting. I think that this will most likely happen sooner or later. Everything is becoming electronic now. Soon they'll just have little chips put in everyones hands and they'll use the chip to keep track of everything.


myLot reputation of 99/100. harshadod (521)  2 years ago

Well i am not sure how it is gona happen or when it is gonna happen, but certainly there will be a new way to look at money, productivity and illegal money.
Cybercrimes may bring in a new kind of illegal money, or some crooked thing!!!

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