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My friend said cash will be gone in 5 years and I had to push back
We were grabbing lunch and he went on about how tap to pay and digital wallets are making physical money pointless. He even said he hadn't visited an ATM in over six months. I get the convenience, but saying cash will vanish is a huge stretch. I work with a lot of small vendors at the local farmer's market, and plenty of them still prefer cash to avoid card fees. Plus, what about older folks in my neighborhood who aren't comfortable with apps? Or when the power goes out? I think the push for a totally cashless system leaves a lot of people behind. It's not just about tech being cool, it's about access. Has anyone else seen places that went cashless and then had to backtrack?
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angela_miller7511d ago
Your friend is way too optimistic! Cash is still king for a lot of daily life. My local food truck only takes cash, and they have a line down the block every day. Tech fails all the time, but a twenty dollar bill always works.
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the_nina10d ago
Cash is great until you need exact change or a receipt. My bank's ATM was out of service last week, so getting cash was a hassle. Cards and phones just work better for tracking my own spending.
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