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What If Money Disappears?
What’s going to happen to money? Until recently the idea of doing without bills and coins seemed like science fiction. But today, it’s a reality. In many countries, money – as we know it – is becoming obsolete. Wallets are being replaced by our ubiquitous smartphones, while banknotes and metal coins are being replaced by digital ones and zeros. In Sweden, for example, 93% of transactions are made through direct transfers using a mobile phone app called Swish. It allows even small amounts to be transferred between individuals instantly and at very low cost. But it’s not only the prosperous and ... (full story)
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- Comment #1
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- Oct 11, 2018 8:49pm Oct 11, 2018 8:49pm
- Macdon
- | Joined Jul 2009 | Status: Member | 550 Comments
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- Oct 14, 2018 6:55am Oct 14, 2018 6:55am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
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- Oct 14, 2018 6:58am Oct 14, 2018 6:58am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.