My take on the cashless society is this. There is much talk about converting everything to electronic currency. Instead of cash you just swipe your card, funds are transfered and your done. If you think about it, how many of us on here use a debit card on a regular basis? I know folks that keep little to no cash, just debit card only. Maybe a credit card. Banking and bill pay online is another step down that road.
Large monetary transfers such as a tankers of oil are already electronic fund transfers. There is no cash involved. I could see this changing in maybe the next 10-20 years from cash to cashless.
Just my .02. With inflation, that is much less than a penny now.
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