The real value of cash

For how much longer will you have cash in your wallet? If Visa has its way the answer is not very long. Cashless transactions are more convenient, says the payments network. They’re also more secure. What’s not to like? Particularly if you are a small business and Visa gives you $10,000 to refuse to take cash (see page 30); or if you are an ordinary person who never quite gets around to going to the cash point (me).

I’m in Cornwall at the moment. Usually when I am here I find myself endlessly tripping [...]