It is not a wonder that people are moving away from using cash, I mean technology made a lot of stuff digital and because of that cash became very irrelevant in our day to day life but we still use it a lot. By a lot I mean not as a big amount because if you are going to buy something that worth any decent price you are not buying it with cash, you are more likely either using debit card since you do not carry a lot of cash with you.
However, the small stuff like groceries when you buy one watermelon is usually not debit purchases those are still small cash. When you take a taxi drive or something that is usually cash. Basically we still use cash in many places but the number is getting lower and lower in time. I am sure we will have no cash quite soon with mobile payment technology increasing as well.
When I take an Uber or Lyft the only cash I use is as an extra tip.
Just about anywhere I shop, it will be a card that I use.
Shift used to be a card linked to bitcoin. They did away with the card but something like it would be useful.
For the one who says nobody is giving up their cash to use bitcoin? People better figure out something else to use other than relying on the governments and corporations that have already proven that they are not good with our privacy or money.
Right now the technologies behind crypto-currencies are still being tested, so yes: speculation is creating instability. Will it always be that way?
We'll see.
