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<p>[QUOTE=&quot;10gary22, post: 1216929, member: 23626&quot;]At one time I felt cash would be entirely eliminated at some point, but since have changed my thinking.</p><p><br /></p><p>Cash is vital to illegal transactions and the underground economy. It is also necessary to avoid taxes and records of many transactions. Since a great part of the US economy is law enforce ment, there is no way that cash will be eliminated. Too much of our system is based on crime, either through the crime, enforcement or the legal system when criminals are caught. Then there&#039;s the people who exist on the money spent to house and guard prisoners.</p><p><br /></p><p>In short, much of our economy has been built around crime enforcement. If we eliminate the access to profits of crimes, we take away the incentive. If every transaction can be tracked, crimes would be very easy to solve. It&#039;s like the same reasons the fed keeps printing the $100 bill. </p><p><br /></p><p>Anyway, that&#039;s why I think there will always be cash.</p><p><br /></p><p>gary[/QUOTE]</p><p><br /></p>

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