Move over bitcoin, cash is still king

Move over #bitcoin, cash is still king

  • And it’s not only Americans who favor paper money — a separate study by PayPal – – cash is still king in most of Asia’s major markets – – Cardtronics said people might also favor paper for security reasons — and they may be right.The company said 84 percent of…
  • Harley J. Spiller, author of “Keep the Change: A Collector’s Tales of Lucky Pennies, Counterfeit C-Notes, and Other Curious Currency,” likes paper money for another reason: It’s simple.
  • And it’s not only Americans who favor paper money — a separate study by PayPal – – cash is still king in most of Asia’s major markets – – Cardtronics said people might also favor paper for security reasons — and they may be right.
  • Hackers have recently stolen millions of dollars worth of digital currencies – – security concerns, people may be right to seek comfort in paper money.
  • Harley J. Spiller, author of “Keep the Change: A Collector’s Tales of Lucky Pennies, Counterfeit C-Notes, and Other Curious Currency,” likes paper money for another reason: It’s simple.

Millennials might be bucking conventional wisdom, but paying with cash isn’t one of them.
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More internet users watch streaming video than cable

More internet users watch streaming video than cable

  • Internet users of all age groups are now more likely to use streaming video than cable, new research shows.
  • Research company eMarketer flagged a May study from Fluent LLC that asked internet users about their cable and TV habits.
  • Across age groups, 67 percent of people reported using some sort of video streaming service, such as Hulu, Netflix (NFLX) or Amazon (AMZN) Prime video.
  • Younger internet users generally reported more streaming service use, with the exception of Amazon Prime, which was used equally across age groups.
  • A recent report from Deloitte found that two-thirds of cable subscribers keep their TV service because it’s bundled with the internet.

After eroding the cable-TV subscriber base for years, Netflix and its ilk have finally overtaken it among this group
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