Millions of people around the world rely on credit cards and PayPal to pay for everything.
That’s a big part of the reason why so many people are taking out credit cards in the first place.
But in a recent article in Forbes, the authors of The Future Of Money predicted the future of money will involve something that’s not really cash at all: virtual currency.
According to the report, virtual currencies, which are cryptocurrencies, are expected to become the currency of choice for many people and businesses by 2045.
In fact, according to the article, virtual currency may be the only thing keeping people from giving up their credit cards.
The article goes on to say that virtual currencies can be used to pay with a mobile phone, and that this is already happening, and it’s already a trend.
“In a virtual currency, all the information about the person, the transaction, the amount, and so forth, all gets transferred over to the user’s mobile device,” explains the article.
“That’s all it takes to make the payment.
You can do the math and see that it makes more sense.”
But, it’s not just people using virtual currencies for things like paying for goods and services online, the article also says that it’s also the use of virtual currency that is driving the adoption of credit cards worldwide.
This article was published by Next Big Tomorrow.
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