Originally Posted by CJOttawa
I was watching CBC news this morning and they pointed out something like 80% of transactions are cashless already.
We're well on our way to fully cashless; if it saved time and money, I'd be all for ditching cash entirely but we need better ways to transfer money between people. (phone to phone, no fee instant transfers etc)
I never heard of a drug dealer taking credit cards. I am sure cash will be around for quite some time.
Having said that, if all transactions are cashless and can be tracked it would give a boost to law enforcement efforts (and the barter system)