I totally disagree!
Physically handling money will be almost obsolete. Not a big loss; money is dirty and can more easily get lost and stolen.
Folks must understand that debit cards ARE money and know how to use them wisely. It is easier to track what you spend and see where it is going. Just requires different skills, more like balancing a check book.
Also requires restraint, as ALL your money may be accessible though you aren't carrying it around. However, its not as easy to get into debt as with credit cards, when you run out of money, the card will be declined.
See #9
That's why it needs to be laundered, silly.
Folks must understand that debit cards ARE money and know how to use them wisely. It is easier to track what you spend and see where it is going. Just requires different skills, more like balancing a check book.
How many posts before someone says that the transition away from physical money is a sign of the Apocalypse. Seriously! There are people who believe this!