The difference from the 70s is 3 steps, fairly sizable steps but still 3 steps: credit cards became more ubiquitous, debit cards were invented, e-commerce became a thing. Each of these moved us away from cash some, but none of them are really good for the things I listed previously.
No way we’re going sign-less and pin-less within a year. You’re forgetting it’s a big country, phase in take longer than that, and there’s the problem of trust. With situations like what happened at Target people want MORE security on their cards not less. There’s a reason that Visa commercial is like 5 years old and still hasn’t happened.
I’m just talking about what was in the news recently. I didn’t make that up and it’s not some kind of “projection” on my part. I’ll see if I can find the article again.
And ... again ... I said that’s where we’re at today and that it’s the “direction” that it’s going and the “movement” involved. It’s actually in the process (and has been) as we speak.