Singularity University Executive Chairman & Co-founder Peter Diamandis will share his views and predictions on the "demonetization of living" and how this shift will impact your life, your career, your organization, and the global economy.
Cash is unlikely to go away soon. Coins and paper currency remain the most popular ways to pay for things in most countries. But longer term, cash appears to be in a losing battle with electronic payment methods.
New Tech To Revolutionize The Payments Industry
Will that be cash, charge, or bribe?
Ken Rogoff concludes that after cash has been stripped out of society, negative interest rates can give every saver a proper 'haircut' by charging him to keep money in the bank. But, you can't take it out when cash is gone. Technocrats will rej
Microchip Expiring $100 Bills, Forcing People to Keep Receipts
In its recent report, the International Monetary Fund (IMF) proposed to abolish cash and recommended to adopt measures in order to restrict its use.
Kenneth Rogoff would sharply disagree with Peale, a character in the 1915 novel It Pays to Advertise, who said that the most beautiful word in the English language is "cash." For Rogoff, a distinguished monetary economist (and chess grandmaster)
The time will come when you won't be able to buy a cup of coffee without being traced, warns investment guru Jim Rogers. To control people, governments will increasingly seek to hunt down cash spending, he adds.