How much longer will cash be around?

[RECHRGD]

Just went to the post office to send off a package.  After giving the girl behind the counter a twenty dollar bill, she says "debit or credit".  She was embarrassed about it, but it got me to thinking......

[68X426]

Two answers:

1) as long as there's dope, they'll be cash.

               - or -

2) always, 'cause when the banks fail, all the plastic won't work, and it's back to cash.

[mauve66]

you better have the cash on you when the banks fail or they'll tax YOUR money to cover THEIR losses

[tan top]

 yep all these hitec ways to pay for stuff ,

how old was the girl behind the counter ?  


computers always crash &  power cuts happen too
cash will be around for along time  , i still pay cash for stuff if i can  

[RECHRGD]

yep all these hitec ways to pay for stuff ,

how old was the girl behind the counter ? 


computers always crash &  power cuts happen too
cash will be around for along time  , i still pay cash for stuff if i can 

The girl wasn't a kid by any means.  I remember some time ago trying to get some food at a fast food place during a power outage.  Although they cooked with gas and could provide the product,  with the computers/cash registers down, they could not handle cash transactions.

[mauve66]

yep all these hitec ways to pay for stuff ,

how old was the girl behind the counter ? 


computers always crash &  power cuts happen too
cash will be around for along time  , i still pay cash for stuff if i can 

The girl wasn't a kid by any means.  I remember some time ago trying to get some food at a fast food place during a power outage.  Although they cooked with gas and could provide the product,  with the computers/cash registers down, they could not handle cash transactions.

but could they get you a "half dozen Mcnuggets" or did they just come in 6, 10 and 12 size..............................................

[RECHRGD]

yep all these hitec ways to pay for stuff ,

how old was the girl behind the counter ? 


computers always crash &  power cuts happen too
cash will be around for along time  , i still pay cash for stuff if i can 

The girl wasn't a kid by any means.  I remember some time ago trying to get some food at a fast food place during a power outage.  Although they cooked with gas and could provide the product,  with the computers/cash registers down, they could not handle cash transactions.

but could they get you a "half dozen Mcnuggets" or did they just come in 6, 10 and 12 size..............................................

Without their computer keys that showed pictures of product rather than numbers, they had no idea of what to charge or figure taxes and change......

[69rtse4spd]

yep all these hitec ways to pay for stuff ,

how old was the girl behind the counter ? 


computers always crash &  power cuts happen too
cash will be around for along time  , i still pay cash for stuff if i can 

The girl wasn't a kid by any means.  I remember some time ago trying to get some food at a fast food place during a power outage.  Although they cooked with gas and could provide the product,  with the computers/cash registers down, they could not handle cash transactions.

but could they get you a "half dozen Mcnuggets" or did they just come in 6, 10 and 12 size..............................................

Without their computer keys that showed pictures of product rather than numbers, they had no idea of what to charge or figure taxes and change......

This is why kids still need to be taught how to do math with a pencil & paper & eraser.

[Cooter]

None of it will be around. Everybody will have to go back to trading sh*t for goods. Stuff like GOLD and sh*t, when the dollar ain't worth the paper it's printed on.

[Fred]

Don't say that. I bought a printer especially. 

[stripedelete]

I don't know when cash will disappear, but, I know taxation will drive it.  I hope I'm not around because at that point it's full-on big brother.  Every nickel you earn and spend will be tracked and ,therefore, taxed.  Nothing will be "under the table".  Much like the recent attempt to require businesses to 1099 every purchase regardless of the amount.

[A383Wing]

I don't know when cash will disappear,..........

I do...it's now...because I don't have any

Bryan

[Fred]

I don't know when cash will disappear,..........

I do...it's now...because I don't have any

Bryan

That makes two of us.  I'll go halves with you.   

[JB400]

I remember when cash was king.  Anymore, it seems like it's a hassle for people to keep up with.  They like those cards.  They don't have to carry around a large wallet or a checkbook.  I wouldn't  be surprised if there are people that don't even figure a checkbook anymore.  As long as they get an automatic paycheck and can have all their bills deducted from their account, they're happy.  But, where I'm at, banks are too greedy with their charges to the point that I don't want to deal in plastic.  I like being able to see first hand how much money I have.

[polywideblock]

nothing feels as good as a hand full of cash money,  cards just don't do it for me . take my pay out of the bank and put it in a wallet  ,now i know when I've got "insufficient funds" and its not a terrible surprise     

[Fred]

Cash will always be cash!

[Old Moparz]

Cash will be around for a long time but I'm interested to see where "Bitcoin" or global electronic money will be in a few years. I didn't think paypal was something I'd like when I first saw it but now I prefer using it. This looks similar, but also riskier.

http://www.upworthy.com/one-man-destroys-the-need-for-paper-money-in-a-single-interview

http://en.wikipedia.org/wiki/Bitcoin

Bitcoin (sign: BTC) is a decentralized digital currency based on an open-source, peer-to-peer internet protocol. It was introduced by a pseudonymous developer named Satoshi Nakamoto in 2009. Internationally, bitcoins can be exchanged by personal computer directly through a wallet file or a website without an intermediate financial institution. In trade, one bitcoin is subdivided into 100-million smaller units called satoshis, defined by eight decimal places.

Bitcoin does not operate like typical currencies: It has no central bank and it solely relies on an internet-based peer-to-peer network. The money supply is automated, limited, divided and scheduled and given to servers or "bitcoin miners" that verify bitcoin transactions and add them to an archived transaction log every 10 minutes. The log is authenticated by ECDSA digital signatures and verified by the intense process of bruteforcing SHA256 hash functions of varying difficulty by competing "bitcoin miners."

[GOTWING]

Heck i was in the grocery store the other day and saw that someone actually took the time to fill out a check.

[4cruzin]

Weird I went to buy a lucky Lotto ticket the other day and tried to pay with my plastic card . . . . didn't happen . . . cash only!   

[JB400]

I think checks are going by the way side.  Fill one out at Wal Mart, and all they do is give it back to you   Electronic banking for them.

[Mytur Binsdirti]

as long as there's dope, they'll be cash.

           

Aint that the truth!

[mauve66]

as long as there's dope, they'll be cash.

           

Aint that the truth!

that should just about cover my resotoration fees.........................

[Cooter]

Aint that the truth!

Is that a picture of your back room in your house where you bought that Ford GT thingy from?

[Mytur Binsdirti]

Shhhhhhh!

[Tilar]

Just think of all the lap dances you could get with one stack of that.