Cash Extinction?
Maya Salam writes for the Greeley, Colorado Tribune about a "George Jetson future" of electronic money and the potential benefits of a cashless society.
"I've got five ways to pay a bill in my wallet right now," said Larry Wood, president of Union Colony Bank. "Banks are trying to make everyone happy. You have a generation out there that is starting to retire and they've always used checks. Some people won't give it up. But there are a lot of college students who don't know how to write a check. As you get a new way to access cash and what you need, we provide that, but we don't get rid of anything."
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