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feisty_wun asked in Social ScienceEconomics · 1 decade ago

do you think the US or any other country will get rid of cash and coins in favor of a system of credits?

3 Answers

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  • 1 decade ago
    Favorite Answer

    I think in time, as computers get more efficient and smaller, so that they are smaller than a credit card, then this will happen. It seems strange to us and maybe even a little bit scary, but that's probably what people with bags of silver and gold thought about paper money in the past.

  • NC
    Lv 7
    1 decade ago

    Not in the foreseeable future. There will always be the working poor, who don't have bank accounts, and the informal economy that operates on a cash-only basis...

  • NNY
    Lv 6
    1 decade ago

    I hope not

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