Brits expect cashless society within 20 years

Yet another survey predicting the end of cash, whilst the amount of money withdrawn from ATMs actually increased last year. A survey of 2000 people out of an adult population of the UK of 40,000,000 is unlikely to be an accurate basis to extrapolate from.

I agree. I sometimes wonder whether the people that publish these sort of statistics genuinely believe it adds any value to the discussions around the demise of cash which, in my opnion, will be around for much more than 20 years.

This is self-fulfilling prophecy. Not because what it says will make it come true. But because people will forget what it says in 20 days.

I agree that the end of cash is not expected tomorrow or even next year. But the prospect for a cashless society’s eventuality is clearly inevitable to me, even if it isn’t something that a lot of people cannot foresee for the time being. There are just so many signs of cash’s inevitable decline that I don’t give cash a snowball’s chance in hell to survive the next let us say 50 years or so.

Please tell me the signs of cash's inevitable decline in the United States, Germany and the Arab world, where cash is still king and does not show any signs of declining in the foreseeable future. It may be the case in Australia, where less than half of one percent of the global population resides, but in many large, and often sophisticated countries, cash is still the preferred apyment method.

This is not the first time I've come across a country-agnostic comment by one commenter (e.g. John Candido - Black Cabs - Melbourne) to be parsed / interpreted / steered by another commenter towards a specific country inferred from the former's profile. 

This is not such a big deal except when the latter is anonymous and there's no country listed against them.

To establish a level playing field, I request @Finextra to either (A) stipulate that comments from anonymous members should not include unprovoked references to a country (hard to implement?) OR (B) mention the country of anonymous members (easier to implement?).

Thank you for your support on this point Ketharaman. I agree with you.