Ive been saying things similar to what you say in this article for quite some time now, taskmaster. Still amazed with how many people are in denial about it, especially when it comes to autonomous vehicles.
Don’t get me started about how money is going to become digitized! I try to explain crypto to people all the time. The older the person is, the more likely they are to regard it as a scam!
Money is going to be digitized and abundant. That is what the Internet does...and it is entering the realm of finance in a huge way.
A decade from now, people will not believe that we operated how we did. Using cash will see like such an odd concept (it already does to a degree). Ordering stuff on our own like groceries will be passe....our refrigerator will handle that. And getting a drivers license will not be something kids do.
There literally thousands of changes that are going to take place in the average person's life, much of it without him or her knowing it. Suddenly, it will simply be how things are done.
I haven’t used money in over 15yrs since I was in my mid 20’s. If you are talking paper in general. My Wife is the same way. I read on fb yesterday in a post where someone bounced a check. I’m like who the heck uses checkbooks anymore 🤣. The world is changing to quick for this ole guy.
Actually, in the US, 12% of all transactions (in dollar amounts) are still done by check. I was amazed but it is true. Yet when I think of all the rents, especially commercial, that is still paid by check, it does make some sense.