The attached article is painting a picture that in as little as ten years, paper cash may go the way of the black and white TV.

Where will the hobby be without cash?

Apart from things like Bitcoin (Which I do not recommend as it strikes me as a high tech Ponzi scheme.) how will we clients be able to transfer donations to providers without leaving the dreaded "paper trail"?

Any whiz-bank economists/futurists out there want to comment?

Are we facing a future of washing the providers' dishes and painting their houses in order to fulfill our obligations?

Wouldn't the credit card companies just love it if we did have cash on hand to pay for stuff!

But I'd take  big ass gold bars if cash went away, lol!

xoxo,

Steph

Prepaid debit/visa card.

We'll use Google Wallet in Incognito mode. Or the ladies will get creative when their donation appears on our paper trail. rrasha golf and sundries. tobitedford collectibles. montero meditation techniques. "Wow, honey, I've been needing a lot of meditation lately".

Ohhhh but I'd have to pick it out and I have expensive taste and my birthstone is DIAMONDS!!!

If the telecom grid has a lurch then e-pay methods can't work.  Just last week went to a restaurant where their computers were down and they could only take cash.  They were so screwed up by it that they weren't even trying to charge tax!  Said they'd pay for it later once the systems came back on line - a loss in the short term, but they kept their customers.  At least, those who had cash.

Cha- CHING!
Providers will need to be specially fitted with the proper ass cheek readers, of course.

Steph, you have been known to be a cerebral woman who is usually a savvy investor. With that said, how much gold do you really have in your portfolio?

..precisely because it is discreet.

The queen always ends up with all of it....

I doubt it will disappear in 10 years, however I can see that happening within the next century.

we have been on the path towards a decreasing tangible basis for value. It isn't hard for me to envision a future where fiat money moves from cash to electrons. Maybe not 10 years, but eventually. Whether it actually does so, and how long it takes, I see as largely a political and not a technological debate.

to set up business for transferring money incognito. Something similar to hush mail.

Say you? because nowhere in the article it was insinuated that there is no future for cash.  

Naturally, you'd want to meet somewhere first and perhaps travel to the store together as a couple.  When in the store she can shop to her heart's content, but only up to the session value - over that is on her dime and you'd want agree how to work that out before it comes up.

I posted a while back:  

It can work within a country as well, it doesn't have to only cross borders.

mrfisher, you're right to be worried about Bitcoin but not about it being a ponzi scheme.  Nobody is at the top of a pyramid here, though speculators have been playing a "greater fool" game for four or five years with it.  

...how else would the CIA make their bribes and payoffs around the world?

It would be for more than the $$$ value. I have expensive taste so getting a credit at a jewelry store and having to fork over my own $$$ to get what I want would not give anyone bragging rights to jewelry I have to come out of pocket for.

Steph xoxo

At least one party in a session , given probable cause for a search can be held for suspicion of drug trafficking just based on the cash on their person. That is now, not in the future. Each piece of paper currency has a unique magnetic identity, now not future.  

Sur, cash cash and one more cash only!