To the Editor:
You know that five-, 10-dollar bill, pennies, dimes and quarters in your pocket, enjoy it now, because 20 or 30 years from now it will not be there.
Lawyers, on the other hand, we’ll always have. Guns, that’s another story.
Money goes back some 40,000 years. Bartering, a form of money, predates money. “I’ll trade you my sheep for some of your vegetables.”
Whether it was cowrie shells in the waters of the Pacific and Indian water in China tom bronze, copper, silver, gold and even leather to paper money, which is not really made from paper. Known as rag paper, it’s made from cotton and linen fibers. The first credit card was introduced in 1946.
Now, my first theory of government control of doing away with physical currency was when direct deposit from my paycheck was introduced. I want that money that I worked my butt off in my hands. I want that check in my hands. I like money in my pocket. I like money overall.
In 20 to 30 years from now, the use of physical currency will be replaced with bits and bytes. Hey, you never know, maybe bartering will come full circle.
IN God we trust. Annuit copits novus ordo seclorum.
David F. Cook