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bytesandbits 4 hours ago

I mean. I can't remember last time I used cash. Not in the last 5 years that is for sure. Once I paid someone with Venmo as that was the only way they could take it. Other than that time, I don't remember using cash at all. In SF the two only moments I can recall needing cash for is either some old self-service laundromats or funnily, chinatown where most of it is still cash. In fact recently a bunch of locations I go to often have become cashless. So you wouldn't be able to pay cash even if you wanted to. Business that are cash only do it for one reason, and one reason only, and we all know what that reason is. Slowly but steadily the volume of retail consumer cashflow is turning to digital. Cash is not going away today. Many seniors don't want / know how to use digital payments. Trends show we are moving toward all-digital. Probably 10 years from now +95% of retail will be cash-less.