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<p>[QUOTE=&quot;Cachecoins, post: 4409819, member: 111237&quot;]Anyone who is older has seen it coming for some time, the young ones (not the brit comedy) has only known a world with this as a reality. That reality is the extinction of physical currency.</p><p><br /></p><p>A friend owed me money and he paid me in hundred dollar bills. I put them in my wallet because it always has been a habit of mine to keep a bit of cash on hand.</p><p><br /></p><p>My credit card has become old and worn and it has begun to cause problems for the card reader and recently one just would not read it so I pulled out the hundred to pay and was told &#039;we don&#039;t accept bills over 50&#039;</p><p><br /></p><p>So I left and went to another store and decided to pay cash out of curiosity and sure enough the next 3 stores would not accept a 100 dollar bill.</p><p><br /></p><p>So much for &#039;legal tender for all debts public and private&#039; and &#039;cash is king&#039;</p><p><br /></p><p>First checks and credit cards, now electronic transfers and apps. My young daughter never uses cash. I give her allowance in cash which sits in a box and when she wants something she gives it back to me and has me buy it on the card.</p><p><br /></p><p>As an historian and numismatist I do mourn not just the diminished role, the nigh extinction of physical currency, but the diminished quality of the artistry and craft of coins that began...well around the time I was born. There are few coins I find interesting after 1970 maybe, with some exceptions, but that might just be me...</p><p><br /></p><p>I guess one still needs to have physical currency but I can see a time when they just won&#039;t bother. A friend postulated that maybe in the future we will all be issued account numbers at birth like social security numbers and all transactions will be digital.</p><p><br /></p><p>I also must admit I rarely use cash any more this the reason why my card was so worn. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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