Posts Tagged ‘cashless society’

  • Cashing out?

    Mar 22, 12 • 310 Views • No Comments

    By Mira Korber, guest blogger. They say “cash is king.” But these days, perhaps cash was king. Sweden is becoming a “cashless society.” Commuters pay bus fees via credit card and text message. Religious institutions take...  [read more]

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    Just Like Yap Money

    Feb 25, 12 • 301 Views • No Comments

    To a Yap islander, in 1903, a 12-foot limestone wheel had considerable value. Described by NPR’s Planet Money, the wheels, as small as a foot in diameter and as large as twelve, composed the islanders’ monetary system. With smaller transactions,...  [read more]

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    A Cashless Payoff

    Dec 14, 11 • 331 Views • No Comments

    Paying with a phone swipe makes Starbucks lines move faster. Less time in line means more productivity and society benefits. So, should we accelerate our movement toward a cashless society? Imagine having no currency. No wallets necessary? A useless U.S....  [read more]