"You and I have a rendezvous with destiny. We will preserve for our children this, the last best hope of man on earth, or we will sentence them to take the first step into a thousand years of darkness. If we fail, at least let our children and our children's children say of us we justified our brief moment here. We did all that could be done."
Ronald Reagan

Wednesday, June 27, 2012

Change is Coming - Digital Wallets - Cashless Society

Why cash is losing its currency: Change is coming - and it may mean change is on its way out. And we're not just talking pocket change - paper money, too. Correspondent Lee Cowan looks at how technology is rapidly changing how we spend our money. Checks and credit and debit cards have been around for years, but now there are digital wallets that can link you and a merchant through smart phones and tablets. You can now do all your ordering and purchasing without ever opening a wallet or swiping a card.
For many, this is a good thing: Merchants can tailor offers to individuals, and customers get convenience and more control of their money. Plus, cash is expensive to make, distribute and secure. It's the currency of crime. And it's filthy!

16 He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, 17 and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.
Revelation 13:16,17 (NKJV)

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