The Demise of Paper Currency

Consumer spending heavily relies on digital currency and perhaps someday paper money will be obsolete.  It might sound fantastic but consider how frequently you yourself use a credit card to buy things, go online to shop, or receive gift cards preloaded with a specific dollar amount.  Most likely you pay your bills via online banking, pay-at-the-pump with a credit card, as well as purchase movie tickets online.  Once you consider the frequency of which you actually use digital currency on a day-to-day basis, we aren’t really that far off from going totally digital with our currency. The Bitcoin revolution? Bitcoin has been around since 2009 and is a peer-to-peer digital currency.