I never really understood the paradox as to why it is taking the US so freakin’ long to get rid of the incredibly antiquated and costly system of checks while also sporting the worlds’ most advanced ecosystem of credit cards.

So are cash and checks terminally ill? Without a doubt, yes. But it’s more of a slow-spreading cancer than an acute trauma, so it will take long for them to disappear entirely. Like a generation or two.

Next Big Thing: mobile payments. Look to certain Asian markets for a sign of things to come in that front, but again - don’t hold your breath.