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The Boston Globe



Bitcoin, credit cards, and the rise of a cashless economy

The world is moving on. It’s time we embrace change.

I’m ready to get rid of my money. By money, I mean cash. It’s a dusty holdover from another age, like VCR tape in a streaming world. For me and many others, cash has gone from being an everyday necessity to emergency backup — a financial flashlight we keep handy in case the power fails.

You might think the old-school, low-tech form of currency would be gaining favor following the monster data breach at Target stores during the holidays. Up to 110 million customer accounts were exposed, allowing cyber-crooks to burrow into a mountain of personal information, including account numbers and encrypted PINs.

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