We're heading to a cashless society
April 9 , 2014
People have begun carrying fewer dollar bills and coins in their pockets and Megan McArdle of Bloomberg said this increasing trend couldn't be good for panhandlers. The article isn't about whether or not its a good thing to give but about the fact that lesser amount of cash will result into less money for those looking for spare change.
However, on the other hand, the digital age will result in more opportunities for those in need.
"Panhandling has been around as long as we've had cities, and neither law nor custom has ever been able to fully eradicate it," McArdle writes. "But technology just might."