What is CASH?
During our last class, we discussed the concept of “cash”, defined by dictionary.com as “money in the form of coins or banknotes, especially that issued by a government” – something physical.
However, the prevalent use of credit cards, debit cards, and apps like “Venmo” have allowed an ever-increasing number of people to use “cash” in a different form.
A point that I found interesting was that perhaps “cash” today is becoming something different from what it has always been.  Perhaps it is a mere physical representation of online bits.
In a way, bits are becoming our new form of currency, our new “cash”.
What is the future of CASH?