Saturday, March 10, 2007

Death of Currency Notes & Coins

The spread of IT will result in the Death of Currency Notes in about 100 years.

Payments will be thru online mode (internet/mobile), credit card or debit card. Even petty shops will be online then, and beggers would accept mobile money transfer (as being done for mobile easy-recharge now) !!!

Will it also result in the Death of Black Money and phase out of corruption ???

1 comment:

savramesh said...

i like it happening, but death of currency may not happen that fast.. Any sign of its death in foreign countries ??