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Showing posts from November 24, 2006

Should Paper Money Replaced by Stuff!!!

It is very much possible that the paper money and coins will be replaced by stuff like credit cards. But I do not agree that then the system will be safer and convenient, of course in some ways the society will have no risk of losing money or getting robbed and convenient in the sense that you don’t have to carry money full your pocket or bag. At the same time to create or establish such system first everyone should be educated which is not that easy. Secondly there will be a big chance of failing the system. I mean the electronic machine. It’s a technical thing that you can never trust on. Imagine a person sees null in his account while, as it had to be million dollars. One can easily die of heart attack. Besides that people will always have tension of remembering the pin code or password whatever. I think it is easier to steal password than the money locked in your safe. Operating special might turn up their mind in bad way. There are many examples like this happened in bank.The que