Does the growing interest and investment in mobile money signal an end to the use of cash and coin? In a recent article, IMTFI Director Bill Maurer writes that predictions of cash's demise are a bit premature. By looking at how financial regulations deal with the way that people make payments and store money in their everyday lives, Maurer argues that we gain access to a “retrospective ethnography of potential” and see how people have come to integrate mobile money into their monetary practices alongside of cash.
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The cash and coin are all vanishing a bit by bit in front of mobile money like the pagers and land line phones did when mobiles were introduced. Technology keeps getting better and better.
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-biogetica
Mobile money has great benefits but according to me the use of cash and coin is best. There is a common saying i.e. Old is Gold.
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I don't think there can be an end in the use of cash and coins. They are integrating mobile money into their monetary practices along with cash.
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