The Rise of Mobile Banking: Will Cash Become Obsolete?

1st we were told that debit transactions were the wave of the future for paying for merchandise and paying bills. And it would be cheaper for banks to process transactions. So the banks laid off all the people who use to process checks and statements. And then they eventually wanted to charge us for debit card transactions.
Now they would like to use the European technology and replace magnetic strips with computer chips because the technology is faster and cheaper.
So now how long do you think it will be before they attempt to convince us that the only way to perform a safe, quick, and cheap transaction will be to place a fu....ng computer chip inside your forehead or hand.

666

10 To 15 years cash will be obsolete! That doesn't mean it will disappear, just that 90% of all transactions will be electronic.
And talk about everybody knowing your business. Uncle Sam will have every transaction you do on record.

As long as banks trying to stick it to us with fees, I'll stick with cash.

#$%$ off the greedy banksters: use cash. They hate that.

No cell phone here, so not likely.

Cash will always be in demand. What else would you buy pot with... beer?

Brzezinski wrote about “the gradual appearance of a more controlled and directed society,” in the “technetronic revolution;” explaining:

Such a society would be dominated by an elite whose claim to political power would rest on allegedly superior scientific know-how. Unhindered by the restraints of traditional liberal values, this elite would not hesitate to achieve its political ends by using the latest modern techniques for influencing public behavior and keeping society under close surveillance and control. Under such circumstances, the scientific and technological momentum of the country would not be reversed but would actually feed on the situation it exploits.

“Persisting social crisis, the emergence of a charismatic personality, and the exploitation of mass media to obtain public confidence would be the steppingstones in the piecemeal transformation of the United States into a highly controlled society.” Elaborating, Brzezinski writes, “The traditionally democratic American society could, because of its fascination with technical efficiency, become an extremely controlled society, and its humane and individualistic qualities would thereby be lost.”

It certainly appears our government wants a cashless society. What better way to keep us minions undercontrol. Seriously people, Washington Dc is so addicted to spending that it bothers your favorite politician that the neighborhood teenager is mowing yards and not paying his fair share.

physical private cash for all times...

With identity thefts, and loss of privacy to businesses and government agencies; do we really want electronic money. Seems to me that one hacker could take one from a comfortable life to poverty with a keystroke! I want mine$$$ in my pocket. next to my gun!

When people pay with credit card, they become powerless. It just handing your money to the banksters. It's all manipulation by the government and the banksters. People (consumers) are mistaken. We think we have money when we can pay for big purchases with credit cards instead of cash. We are all lured into this vicious cycle of paying with credit cards. That is why we are in this economic mess......

have you ever tried to buy gas for your vehicle and seen a sign saying cash only because the phone line is down or their system is down or whatever. when this happens i can still buy gas.

The growth of technology in itself is not entirely bad. Nowadays, a trader could research the price of his stock and buy/sell in 2 seconds. However, we face the real Orwellian danger of manipulation and control. Fortunately, today's society is extremely self conscious about privacy. However, the danger is still growing today.

Cash always gets you better deals. Green is good.

I will never use a contactless form of of payment.

These are things that can be read and accessed by use of RFID type readers, so you don't even have to take it out of your pocket.

No thanks...there are enough ways for people to rip me off if they physically get a hold of my credit card, I don't need somebody making an app or using an RFID reader in their pocket to ping my account information and steal money from me.

These contactless payment methods may speed up checkout, but really... how long does it take to swipe a credit card, and hit "ok" and maybe sign?

If you aren't an idiot waiting until they finish ringing you up to begin digging your card out of your wallet / or purse... that always takes longer than the actual swiping of the card.

Big Brother government will continue to try to make the public use only electronics to to do their banking in order to track EVERYTHING you do financially. The government hates cash transactions because they can't track/control such transactions.

No way am I paying that way. NO WAY!

Not only that, if they can eliminate cash. you have the control of your money only to the point they wish you to have it. Freezing and confiscating your wealth at the whim of some bureaucrat for some implied or imagined offense becomes a very real threat used to keep you in line or punish you for anything the statists wish.

I am cash....I never use debit, even though I have one. I use credit card, (only 1) and pay it at the end of the month. To much fraud out there. Cash is King