Doyle Brunson Quotes

I don't think it's time yet to eliminate cash, but I propose having a less-cash society, not a cashless one.

We are quite a way off before people travel around the world without cash in their pockets. The growth of plastic and electronic transactions have tended to impact traveller's cheques rather than cash.

I think cash will be around for a long time.

The truth is I don't really like the world of plastic money: the great chip-and-pin double act of modern payment. I prefer cash. I don't like the idea of some distant clerk nodding each time I make a card purchase and quietly adding to my 'consumer profile.' I'm anti all cards.

Money is the only thing you can use even if you don't have any. ... There's always a credit card.

If you want to deemphasise cash, then people should not only have an incentive for going digital but also a disincentive for doing cash.

Cash as a physical entity will virtually cease to exist, with coins and checkbooks consigned to museums. As people conduct their financial transactions on hand-held devices made secure by advanced biometrics, even tipping will be done electronically.

Humans don't 'need' math-based cryptocurrencies when dealing with other humans. We walk slowly, talk slowly, and buy big things. Credit cards, cash, wires, checks - the world seems fine.

People are used to cash, and getting them out of that is going to be a long and tough exercise.

It's been with us for a millennium, and we'll still be carrying around cash for a long time to come. There'll just be less of it.

Physical money, whether it's checks or cash or credit card, are digitizing in front of us.

Who's the president on the $100 bill? I don't know. I don't need to know because I don't use cash. I only use travelers checks.

Under the old system - which is now so archaic that a lot of people can't remember it - if you wanted money you had to go to the bank and take the money out in cash form, and you couldn't take out money that you didn't have. But with the credit card you can spend money you don't have, and that is just so tempting.

I don't like credit cards. Let me triple underline that.

I don't like credit cards. They make overspending very easy. They can make life a lot more complex and stressful.

In those days, if you wanted a new car or a holiday, you'd phone up the office and they'd send you some cash. You never had a bank account. I don't know anyone from the music business in the Seventies that it didn't happen to.

The whole thing of moving the currency through currency sorting and detection machines and so on that was the whole process actually encouraging electronic transactions.

What needs to be done is that the digital initiatives that we had started, that those get the same kind of focus, and that we now disincentivize the use of cash. If you're going to slide back into the ways that we had before this demonetization impact, then you really won't get the benefits.

Even if it does not become cashless economy, it will become a less cash economy, and I think that itself is going to be a good and big achievement, and I think we are, as a country, gone through many of large changes, and ICICI has been a leader in many of them.

We don't think there is any money to be made in payments anymore. The entire business model of extracting a toll or having time delays around the movement of value is going away completely.

Cash is going to be killed. It will be nostalgia.

The idea of money being something physical is almost entirely a fiction. Sure, you can go to your ATM and pull out cash. And you can feel cash in your back pocket and have some tangible comfort there - but in reality, the majority of your money is a number on a screen.

If you're someone in the business of verifying transactions on a proprietary network, the invention of Bitcoin cannot be safely ignored. It will change or disrupt the providers of most proprietary payment networks in the coming years.

Bitcoin will make a dent in society when more normal transactions occur that would have occurred with dollars or credit card.

Social messaging has become the defining app of the smartphone era. Social payments has been a natural extension of this phenomenon - it's going to be the locus of most communications activity.