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What technology will disappear in the next 10 years?
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Why would it be a failure? I loved never having to carry anything but a phone in China.
Because iso/power failures, lost/broken devices, let alone the government doesn't need to know every transaction, the inability to gift a displaced person $20, or money in a birthday card.
As goverment can known your card transactions already if needed, then what transactions you want to hide?
The comparison was to cash, not credit cards. The government doesn't know who I hand cash to.