Cashless Society Quotes

This is a once in a lifetime event. It is very rare to remove 86% of the currency in circulation in one go. The logistics of such an operation are mammoth.

This is the thing that I think we're all learning from the Chinese: that this merging of messaging, media, and payments together really makes sense to people.

Money is catching up to the technological trends transforming all aspects of society and business; entertainment, insurance, health-care, gaming, leisure, retail - all commercial and social verticals are going digital - including money itself.

A grown man should always carry cash, right? I don't know who told me, but someone told me that a long time ago, and the biggest turnoff is when a guy doesn't have cash on him.

Bitcoin woke us all up to a new way to pay, and culturally, I think a much larger percentage of us have become accustomed to the idea that money no longer comes with the friction it once had.

A cashless society promises a world of limitation, control, and surveillance - all of which the poorest Americans already have in abundance, of course. For the most vulnerable, the cashless society offers nothing substantively new; it only extends the reach of the existing paternal bureaucratic state.

Twitter was around communication and visualizing what was happening in the world in real-time. Square was allowing everyone to accept the form of payment people have in their pocket today, which is a credit card.

I think what we really need to think about is how do we reimagine the management and movement of money in an era where everyone will have a smartphone.

Apple Pay is forever changing the way we pay for things.

Cash as a physical entity will virtually cease to exist, with coins and checkbooks consigned to museums. As people conduct their financial transactions on hand-held devices made secure by advanced biometrics, even tipping will be done electronically.

The changing nature of money is only one facet of the financial services revolution.

Humans don't 'need' math-based cryptocurrencies when dealing with other humans. We walk slowly, talk slowly, and buy big things. Credit cards, cash, wires, checks - the world seems fine.

I never carry money, just like the real Queen. If I fancy something in a shop I always ask someone on our staff to buy it.

Even if it does not become cashless economy, it will become a less cash economy, and I think that itself is going to be a good and big achievement, and I think we are, as a country, gone through many of large changes, and ICICI has been a leader in many of them.

I don't carry a wallet. I keep my cards in my pocket and cash in my boots.

I am a person who goes out without a purse.

I don't have a wallet. I carry my driver's license and a couple of credit cards in my phone. That, and a money clip.

I do wish I had brought my cheque book. I don't believe in credit cards.

In a cashless society, the cash has been converted into numbers, into signals, into electronic currents. In short: Information replaces cash.

It's been with us for a millennium, and we'll still be carrying around cash for a long time to come. There'll just be less of it.

Money is the only thing you can use even if you don't have any. ... There's always a credit card.

Two decades after communism and the alleged end of the Cold War, Russia is still a cash economy. The preferred currency is dollars, though euros are also acceptable.

The more cashless our society becomes, the more our moral compass slips.

Cash is going to be killed. It will be nostalgia.

I don't tend to carry much cash around, as I use my bank card whenever I can.