Saturday, 26 November 2011

Will equal money be actual physical money that is printed?

There will be no paper money because the more paper we print the more forests and life forms we are killing only to satisfy our mass consumption. Therefore, it is a better idea to have a chip implanted in a credit card or somewhere on the hand that when scanned, will enable you to perform the required transactions. Currently, most people are using their cards anyways, so there may not be that much of a transition from a card to a chipped card. Hardly anyone nowadays uses paper money at least in western countries. Going paperless is also safer because there will be no theft of money and hence no crime. Therefore, people will be able to walk around without having to worry that someone will attack them for money as we are seeing in certain countries and cities.

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