Cash remains King.
Call me old school.
Cash a check for the amount of money I’ll need for a day or two. Pay cash for what I purchase. When I run out I cash another check.
What if I slip up? Run the jug of coins down to coin star. That’s always good for around $100.
Yes, Cash is King.
But “they” are trying to get rid of it. Take a look at India to see what “they” have wrought over the past few months. It is just an experiment, the same as the “bail-in” of banks in Cyprus was an experiment in seeing the reaction of people to the literal seizure of a good part of their bank balances to finance banks that were about to go belly up.