Do you think cash is soon to be a quaint novelty and a thing of the past?

not anytime soon, like it or not I think cash is here to stay for a while. I think if anything checks will become out of date. they take a lot of time at a cash register, they are rather insecure, and it takes a longer time for the money to go though your bank. where as debit and credit are right away. you could electronically process a check like u did on your iphone, but the issue with that is you still need to write a check. I work in a grocery store, and I know how irritating it is when your busy and you have a old lady write a check.

Cash money? I remember that, from back in the 20^th. Ahh, good times.

Now it's more of an annoyance than a novelty. Whenever I get stuck with cash, I let out a sigh of exasperation. Where am I gonna go spend cash?

So next time I make a grocery run, I give them the cash I got stuck with, and put the remainder back on the card where it belongs. Ahh, good to be rid of that burden.

Personally I prefer using my debit card over cash because I hate having a bunch of change. But often I still use cash. I watched something (I think it was modern marvels) on one of the discovery type channels about a week ago how they make money and so on. One of the guys from the mint when asked the same question said that they are printing more money than ever before (it was a rerun from before the economic collapse) even with debit/credit cards and electronic transfers. Then after that they went on to explain why. Basically it's mostly because a lot of the US cash is used outside of the USA. Was an interesting show and I recommend watching it if you get the chance.

We still seem a long way from the average Jane or Joe walking up to a snack machine, choosing a snack item and walking away without ever having deposited any coinage or other currency. Wasn't that one of the "flying car" promises of Bluetooth, initially? ;)

There are plenty of instances where cash is still king, though I admit my debit card gets the most use and I like it that way.

I think our money system is going to tun into something like the Canada system with the paper money as big bills and coins for under that. But soon in like 20 years we might more to RFID money system.

Money isn't going away anytime soon, because you will always have that one little gas station that is like five cents cheaper and is cash only (insert smiley face here).

IMHO people like the feel of paper currency as well as coins. Checks may disappear because of technological innnovations.

I pretty much live without paper currency already. My salary is direct deposit and I pay for nearly everything using my debit card. The only thing I pay for using paper currency is my rent.

Occasionally I will stop by the bank and get a roll of quarters, so I have something for the vending machines at work. Most of the time, though, I will stop by a convenience store and buy snacks for later, so I don't need to use the vending.

Even with all of the problems with cash, it is still the safest.

With cash a theif needs to actually get into a physical confrentation to steal your money and when they do they may only get what you have with you.

With digital money, they just need a skimmer or a rfid reader and they can steal all of your money and even overdraft if they wanted to. And on top of that the physical act of robbing is also possible. It has been on the news many times. A criminal threatens you with a gun and has you go over to the nearest ATM and withdraw as much money as possible.

For me, I the most I ever carry with me is college ID and probably $3-4 at most for lunch

Cash is my preferred method of payment. I've bounced debits way too many times. See, you can never count on how a merchant handles payments, whether they hold onto them for four days or what. Then someone processes an automatic payment you forgot about and before you know it you have four overdraft fees.