Impact of Disappearance of Cash

Topic

Impact of Disappearance of Cash

Instructions

One of the predicted changes in the next 20 years is the disappearance of cash. What do you think would be two positive things that could come from the disappearance of cash? What do you think would be a negative that could come from the disappearance of cash?

Answer preview

It is predicted that in a couple of years to come, cash would completely disappear and maybe cards would be appropriate for a majority of the transactions. The move would be impactful both in negative and positive ways. On a positive note, first, transactions would be mad easier and convenient as opposed to the current cash transactions. Most people have had the unfortunate incidence whereby they have to put off their transactions on the basis that they are cash strapped.

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