Money: Cashless society?
Published in
7 min readJan 18, 2024
Nobody is putting their money where their mouth is
We’re hearing lots of hype lately about a cashless society. Some of those claiming it is inevitable point to the increasing use of credit and debit cards, while others suggest the broader acceptance of digital currencies as proof that demand for cash is dying out. As a retired Wall Street Quant I tend to look at data before taking a position on a topic. Which I know…