Quote from: gabmen on March 07, 2017, 01:24:33 PM

Quote from: CEJ on March 06, 2017, 01:44:40 PM

Paper money is not going to last for more than 3-4 decades.Most of the paper money is going to be demonetized.I think that instead e-money is gonna be popular.Nevertheless paper money is a drag. Cheesy

Why carry liquid cash,when u can easily do transaction over mobile,?

Well I don't think so. Yeah if we're talking about convenience then I have to agree with you that electronic or digital money would be a lot easier than having physical paper money in your pocket. But that requires technology that is not easily accessible to some parts of the world. 40 years from now, you may be right, most people will probably be using digital money but definitely paper money won't be demonetized and will still be used

Yes and people would be implanted with bio chips that will store all their data including their financial data. Credit cards would become obsolete because technology would be integrated into people's bodies. Paper money might still exist on some poor countries though together with gold and bartering.