Dave Ramsey: Here's Why the United States Isn't Switching To 100% Digital Currency [Yahoo! Finance]
Costco Wholesale Corporation (COST)
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Source: Yahoo! Finance
On the Sept. 22, 2023, edition of “The Ramsey Show,” a listener asked what she should do when the United States makes the switch to digital currency, as she only uses cash and not other forms of payment like credit cards. Ramsey had a thorough answer for this caller that began with a suggestion to not believe everything she reads on the internet. Find Out: I'm a Bank Teller: 3 Times You Should Never Ask For $100 Bills at the Bank Read More: 6 Unusual Ways To Make Extra Money (That Actually Work) Here's Ramsey's explanation as to why she has nothing to worry about because the U.S. is not going to switch to 100% digital currency any time soon. Sponsored: Credit card debt keeping you up at night? Find out if you can reduce your debt with these 3 steps The US Is Not Going Completely Digital In response to the call-in question, Ramsey noted that the vast majority of U.S. financial transactions are already digital, estimating the figure to be about 90% to 95%. This is because ne
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