Today I was in Canary Wharf to see one of my clients and decided to use the container Coffee Shops that sit in the middle of the park. What struck me is that this great little Coffee shop 'East 640' only accepted one type of payment 'Card Only'. 

As many people like me who hate the space coins take up in your wallet and always apologise as they only have card.  - To me this was a revelation that this coffee shop only accepted digital currency! (Sadly I got very excited by this - hence the photo!)

This was the first real sign that fiat currency in the future must surely only be digital. I use my local cafe' and am always aware of how unhygienic money is when they sometimes handle coins and then your food. Perhaps from a health and hygiene point of view, there is a distinct benefit for food outlets not to handle cash!

Looking at the latest information from PayPal to be able to share payments over Skype just shows how there are so many channels one can pay digitally. This can also work across continents and is free where money is transferred between friends / family.

The full list of supported markets (PayPal over Skype payments) includes: the U.S., the U.K., Austria, Belgium, Canada, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Luxembourg, Malta, Netherlands, Portugal, San Marino, Slovakia, Slovenia and Spain.

Like we saw the removal of large denominations in India, perhaps money as we know it will be assigned to history within our life-time!

I wander how many of us carry Cash? or perhaps we carry: a Credit Card, A Debit Card, a digital wallet such as Monzo, Apple Pay (or Android /Samsung Pay) or even a Crypto- currency wallet?

According to the Office for National Statistics (published 3rd August 2017) : 77% of adults in the UK purchased goods or services online, up from 53% in 2008. By implication this means that 77% of the population probably rely on digital payments.