Cash Is Here To Stay Despite The Rise Of Bitcoin, Venmo, And Apple Pay

Everyone in the financial services industry is very excited about the digitization of money. How exciting it would be to forego cash (and those annoying checks), in favor of a more efficient world of commerce and assets. At the hand of Bitcoin, the argument goes, or Apple Pay, or what-not - our money would be more secure, more liquid, more flexible, and wield more control. And while all that is true - and then some - we're also still a long ways away, because currency made with atoms is incredibly persistent.