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Currency Alternatives

By Kelsey Seidler
Kelsey - Survey Says
December 12, 2013

With the growth of digital currency alternatives such as Google Wallet and bitcoin, cash may become less relevant over time. Do you think the U.S. will eventually halt the production of physical currency?

No: 93.3%
Yes: 6.7%

Comments:
Twenty-five years ago, there was talk of a "cashless society" due to the prevalence of credit cards. As you know, we still use a lot of currency. Although there will be less demand for currency in the future, it will remain in place for a long, long time.

I haven't heard a single "financial expert" who is able to clearly define what this digital currency is all about! Bitcoin and Google Wallet are most certainly fads and are destined to disappear into cyberspace!

Physical currency is more secure. All debt public and private.  No privacy with digital currency.


Thanks to everyone who participated in our E-News Survey! If you are not an ASI E-News subscriber, click here to sign up now.

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Kelsey Seidler is associate editor of Adhesives & Sealants Industry and Ceramic Industry magazines. She can be reached at (252) 509-4120 or seidlerk@bnpmedia.com.

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