Tuesday, August 07, 2007

Electronic Money vs Cold-Hard Paper Currency

There have been some debates going on within my community that predict electronic money will eventually bring on the demise of paper currency globally.  Some has even said that this will happen in 50 to 60 years time.  My view is that even if it is possible, this cannot be done without re-introducing all the inconveniences that in the first place, made paper currency a reality.

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