Going cashless is inevitable if for no other reason than the fact that advancing technology will see to it. The new adult generations of the Millennials and beyond already have it in their cultural DNA....
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Technological progress advances with very few hindrances to block its destiny, whether it be for good or for evil. In this particular instance involving the end of tangible currency in exchange for its intangible counterpart, the die is cast and the ultimate future is now...
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Only those institutions and services that "awake" to the new era of diginomics will survive....
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The smartphone is making physical money and credit cards obsolete....
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Cultures everywhere are being redesigned along digital guidelines, creating what we would call diginomic lifestyles. As the world reshapes and redesigns itself, it is rapidly and optimally adopting the technologies required to maximize convenience....
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Former Executive Editor of Harvard Business Review and current business book reviewer for CNN, noted that “money now is different … It is no longer a thing … it is a system. Money is a network. Few people realize that money, in the traditional sense,...
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