Cashless society, paperless office and the electronic library.

Cashless Society, blah blah blah

The anonymity aspect is interesting, but i'm not too kean of banks making money for every transaction made down to a pack of gum. It's funny how bankers talk about "yeah, virtual money baby. That's where it's going! It's the f-u-t-u-r-e!". Reading between the lines: "Yeah, all your money.. it's gonna be in our computer systems. Oh and if you ever wanna touch it we're gonna hafta charge you because.. well, just 'cause."

Also there's the issue of accessibility. Canadian coins and bills are discernable by the blind, but a balance on the screen is not. Easily remedied with a screen reader, but will that be implimented universally? I highly doubt it.

The practical benefits are few. Mostly it's a way so lazy people don't need to figure out change on small transactions in exchange for a service charge from the banks. That's pretty sad.