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<p>[QUOTE=&quot;-jeffB, post: 3548450, member: 27832&quot;]Yep. We really <i>are</i> heading toward a point where electronic transactions (and the hardware to support them) are cheaper and more reliable than physical ones. (I&#039;m pretty sure there are already lots of people around me who spent more on their pocketbook than on their phone; heck, I can get a burner phone that costs less than a nice <i>wallet</i>.)</p><p><br /></p><p>I don&#039;t think the people raising privacy objections will be able to stop it.</p><p><br /></p><p>Once it happens, there may still be a cash black market, but even that will face competition from Bitcoin and similar schemes.[/QUOTE]</p><p><br /></p>

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