I thought because of the wide use of debit cards and other payment methods that America and perhaps the World will see the end of paper money.
2006-08-23 12:18:04 · 11 answers · asked by Anonymous in Politics & Government ➔ Other - Politics & Government
No, Real currency is needed to put a value on a nation and its economic infrastructure.It is a way to put a value on global economics such as precious metals and crude oil. The strength of nations is tabulated by it's Treasury and the value of the their coined and paper note. Debit cards only have a value defined by it's owner, and the values can only pass hands once, where real money can pass hands hundreds of times which stimulates local economics. But to answer your question, "No, real money is here to stay for a long time".
2006-08-23 12:58:28 · answer #1 · answered by Anonymous · 0⤊ 0⤋
The key word in your question is the word "real". Debit cards and "other payment methods" are becoming "real" currency. I remember when the word "cash" didn't mean checks, but I saw different, many years ago, so . . .. God Bless you.
2006-08-23 12:24:54 · answer #2 · answered by ? 7 · 0⤊ 0⤋
I thought real currency would end also. However I know some people that like to use cash, because they don't want everything they do tracked by "someone".
2006-08-23 12:20:29 · answer #3 · answered by rscanner 6 · 1⤊ 0⤋
If debit card businesses don't get to greed would say that day is coming fast.
2006-08-23 12:22:36 · answer #4 · answered by Mister2-15-2 7 · 0⤊ 0⤋
We are straight forward heading to paperless society where the gov't will have even more control over all of us. Then there will be nearly world wide revolution. Then in time, it will all happen again.
2006-08-23 12:24:08 · answer #5 · answered by conntom2002 2 · 0⤊ 1⤋
some people still write checks and dont like computerized things
maybe in like 100 years that would happen
2006-08-23 12:20:47 · answer #6 · answered by Red Sawx ® 6 · 1⤊ 0⤋
without money ? money makes the world go round
2006-08-23 12:20:45 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Cash may be used less and less often but I doubt it will be completely phased out in our lifetime.
2006-08-23 12:23:54 · answer #8 · answered by drokk 2 · 1⤊ 0⤋
i dont think that will ever happen but i want to know when will people stop using checks i hate them!
2006-08-23 12:20:15 · answer #9 · answered by lisathebestone 4 · 0⤊ 0⤋
eventually peeps will carry around a digital card n use it everywhere
2006-08-23 12:19:23 · answer #10 · answered by Anonymous · 0⤊ 1⤋