Paper Money

Apple CEO says kids won't recognize cash

Apple CEO Tim Cook predicts that the kids of tomorrow will not recognize traditional money. Cook made the statement regarding electronic payments last week while speaking to students and faculty at Trinity College in Dublin, Ireland.

Original images courtesy of WikiCommons//RanZag.

1. Tim Cook predicts end to traditional money 

During a recent visit to the United Kingdom, Apple CEO Tim Cook said that children of the future will not know what traditional cash is, Mirror Online reports.

Cook’s comments, which he made while speaking at Trinity College in Dublin, don’t come as much of a surprise, seeing that his Apply Pay contact-free system has caused quite a buzz after debuting in the UK on July 14.

“Your kids will not know what money is," Cook said, according to Mirror Online.

Read more about Cook’s ideas about the future of money.

2. Another gold bullion coin sells out

The United States Mint has sold out its remaining inventory of 2015 American Eagle 1-ounce gold bullion coins.

So what denominations are left?

3. Speaking of gold

The video below recently took off on our Coin World Facebook page, garnering more than 120 shares and more than 6,000 views. Apparently people like to see 1.7 million ounces of shiny gold.

4. Connect with Coin World: 

5.  Precious metals pricing lists the following prices per ounce Monday at 4:20 p.m. ET:

6. Hot topics

Check out three interesting stories from the last couple of days:

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  2. Senate considers congressional gold medal for Vietnam air ambulance crews
  3. Pobjoy Mint issues Magna Carta crown from Ascension Islands
7. Something Social 

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