Is it the end of money

You go to a shop, buy some stuff. Then, you open the wallet and oh shit!!! Forgot to withdraw cash from ATM!! You tell the shopkeeper that you need to go to an ATM and will return soon. To your surprise(may be) he asks," don't you use mobile banking?" How come!! This guy used to have a Nokia 1100 till last month and now he is talking strange. You nod and ask his mobile number to transfer the bill amount. So, next time onwards no need to carry hard cash. So good for guys(i mean all of them) who often forget to withdraw enough cash. In fact it is one of the many things that they forget, others being lot of crazy days before valentine (rose day, chocolate day etc.; mind you i am not bothering to google to complete the list).

So, is the mobile banking end of money as we know it? You don't need to go to bus station or railway station to get tickets. No need to queue up in long lines (like before) to submit telephone and electricity bills. And where is the cash in all of these transactions? No where. Money effectually has been a physical expression of the credit only and with the advent of internet banking and mobile banking it is fast losing that status. Gone are the days when people used to make travellers' check, money order etc. Go to any city with the ATM card you have and you feel the same security and warmth(to some) of hard cash. It is much probable that in coming days money will be a thing of the past. Right from the shopkeeper, washermen, domestic help everybody poses a mobile today. With new mobile banking facility and gradually increasing computer literacy we will soon write the obituary of hard cash as a mode of transaction.