Pros and Cons of Cashless Society for Consumers

The cashless society may not be too far off in the horizon, given moves like Visa’s… I want to hear from certified financial planners and other financial experts, in terms of consumers, what are the pros of a cashless society, on the flip side, what are some potential pitfalls, problems? How likely do you the U.S. will become cashless? What sort of things would need to happen to make it possible, what are some challenges to making such a structural change? Send me your thoughts.