The most interesting stuff to me is buried near the end, with frictionless payment taken to its ultimate extreme: you just go about your life, and payment happens in the background.
This is already true for many of us for things like utility bills, and certainly for subscriptions. It obviously has its risks, if you’re anywhere close to a cash emergency or if you do something expensive without realising it, but because it’s safe enough if you’re living habitually within your means, and it’s super-convenient, I’m sure it will get wide adoption.
Originally shared by Singularity Hub
3 Big Ways Tech Is Disrupting Global Finance
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