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Important Viewing! Should the United States get rid of cash and create a national cryptocurrency? (youtube.com)
According to the Federal Reserve, Americans still use cash more frequently than any other payment method, but could the rise of cryptocurrencies change that? Duke University finance professor Campbell Brown argues that the United States should ditch paper currency for fully trackable national version of Bitcoin.
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    Francisco Gimeno - BC Analyst Banking and finances are already rapidly changing. However I don't think USA's citizens would agree to live without cash for the time being. The American libertarian thinking where Government should not control your transactions is very strong. This idea is more of an European mainframe where the State already is controlling them and digital transactions are more habitual than cash ones. A national crypto? Is it really necessary? I don't think so. The debate is open.