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South Korea to discontinue coins by 2020
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<p>[QUOTE="ewomack, post: 2584561, member: 15588"]Cashless countries will likely proliferate in the not too distant future.</p><p><br /></p><p>Investopedia lists <a href="http://www.investopedia.com/slide-show/countries-are-going-cashless/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.investopedia.com/slide-show/countries-are-going-cashless/" rel="nofollow">these countries</a> that are either highly considering the move or already well on their way: Australia, Belgium, Ecuador, India, Kenya, Singapore, South Korea and Sweden.</p><p><br /></p><p>Plus, Amazon opened <a href="http://www.usatoday.com/story/tech/news/2016/12/05/amazon-go-supermarket-no-checkout-no-cashiers-artificial-intelligence-sensors/94991612/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.usatoday.com/story/tech/news/2016/12/05/amazon-go-supermarket-no-checkout-no-cashiers-artificial-intelligence-sensors/94991612/" rel="nofollow">a prototype grocery store</a> that requires no cashiers. Customers go into the store, scan items with their phones, and leave. No human interaction necessary. And no need for physical cash. If this scheme catches on then the end of circulating cash can't be too far behind. Digital bits will have prevailed.[/QUOTE]</p><p><br /></p>
[QUOTE="ewomack, post: 2584561, member: 15588"]Cashless countries will likely proliferate in the not too distant future. Investopedia lists [URL='http://www.investopedia.com/slide-show/countries-are-going-cashless/']these countries[/URL] that are either highly considering the move or already well on their way: Australia, Belgium, Ecuador, India, Kenya, Singapore, South Korea and Sweden. Plus, Amazon opened [URL='http://www.usatoday.com/story/tech/news/2016/12/05/amazon-go-supermarket-no-checkout-no-cashiers-artificial-intelligence-sensors/94991612/']a prototype grocery store[/URL] that requires no cashiers. Customers go into the store, scan items with their phones, and leave. No human interaction necessary. And no need for physical cash. If this scheme catches on then the end of circulating cash can't be too far behind. Digital bits will have prevailed.[/QUOTE]
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