Comments on: I share Barclays vision - cash is “tedious”

By: Deborah

Deborah — Wed, 26 Sep 2012 10:30:10 +0000

One of my cards sends me purchase ckechs. They look like real ckechs and you can make them out to yourself to deposit or cash and you pay only the purchase APR no cash advance fees or APR.See if your credit card does this.

By: Dan Salmons

Dan Salmons — Fri, 20 Jul 2012 08:53:09 +0000

Great note, and like the cash measure you use, Dave. May I add another reason I think cash persists? Simply that many consumers still find it easier to manage and keep track of their spending with it. The irony is that digital money should beat cash hands down for keeping track, given it can record when, where and what. But it throws away that benefit if the balance isn’t updated at the moment of spend. If cash is to go, its replacement has to close the gap between spend, confirmation and balance. Otherwise, customers will continue to trust their pockets more than their banks for a sense of how much they’ve got left to spend.

By: Up to yo

Up to yo — Mon, 16 Jul 2012 11:23:01 +0000

"of all the aspects of our trading life it is the most primitive"

Certainly compared to rigging LIBOR!

By: Ian Martin

Ian Martin — Mon, 16 Jul 2012 01:29:22 +0000

Glad you enjoyed my paper, Dave. There's an revised version, which corresponds to the IEEE Annals of the History of Computing's published article, here: http://bit.ly/OzwU0R

[Dave Birch] Many thanks Ian.