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Tuesday, August 02, 2016

CASHLESSNESS


Cashless society will come at a devastating cost

Within a generation, notes and coins will almost certainly be redundant — not just in practice but made so by law.
Shops and other businesses will be banned from accepting them. Banks will no longer distribute them.
Physical currency will be consigned to history, gathering dust on the shelves of collectors’ shops and in the recesses of our couches.

And the consequences will at once be brilliant and grave.

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