The pros and cons of moving to a cashless society
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By Justin Pritchard
A cashless society might sound like something out of science fiction, but it’s already on its way. Several powerful forces are behind the move to a cash-free world, including some governments and large financial services companies.1 2
However, no society has gone totally cash-free just yet. In addition to logistical challenges, several social issues need to be addressed before society can give up on cash entirely. The benefits and disadvantages below can give you an idea o...
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