Transitioning to a mostly cashless society could reduce crime



David R. Warwick : Author
"Specifically, it would go a long way toward eliminating illegal underground economies and reducing criminal activity. Based on 2009 FBI statistics, eliminating cash robberies would save the United States around $144 billion per year. In addition, identity theft and wire fraud would likely decline, since fraudulently wired funds are most often redeemed in cash in order to break audit trails."


Magazine "The Futurist"


http://www.wfs.org/Forecasts_From_The_Futurist_Magazine