The practice of trading currency for something of value goes back to the Bronze Age. But just as iron replaced bronze tools, technological advancement is threatening to overtake the use of coins and paper currency.
Half of Americans carry $20 or less each day, according to a recent study by Bankrate.com, and 9 percent carry no cash at all.
Cash is used for about 40 percent of all transactions — with most cash transactions worth $20 or less. Credit cards and debit cards account for 53 percent…
The practice of trading currency for something of value goes back to the Bronze Age. But just as iron replaced bronze tools, technological advancement is threatening to overtake the use of coins and paper currency.
Half of Americans carry $20 or less each day, according to a recent study by Bankrate.com, and 9 percent carry no cash at all.
Cash is used for about 40 percent of all transactions — with most cash transactions worth $20 or less. Credit cards and debit cards account for 53 percent…