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		<title>Paypal&#039;s President Predicts the Demise of the Wallet</title>
		<link>http://kmhk.com/paypals-president-predicts-the-demise-of-the-wallet/</link>
		<comments>http://kmhk.com/paypals-president-predicts-the-demise-of-the-wallet/#comments</comments>
		<pubDate>Thu, 30 Jun 2011 20:23:09 +0000</pubDate>
		<dc:creator>Shauna Wright</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Weird News]]></category>
		<category><![CDATA[digital currency]]></category>
		<category><![CDATA[paypal]]></category>
		<category><![CDATA[wallet]]></category>

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		<description><![CDATA[Now that Paypal has reached 100 million active accounts, a company executive predicts physical wallets will soon be mothballed. “We believe that by 2015 digital currency will be accepted everywhere in the US -– from your local corner store to Walmart. We will no longer need to carry a wallet,” Paypal President Scott Thompson said [...]]]></description>
			<content:encoded><![CDATA[<p>Now that <a href="https://www.paypal.com/">Paypal</a> has reached 100 million active accounts, a company executive <a href="http://mashable.com/2011/06/29/paypal-100-million/">predicts</a> physical wallets will soon be mothballed.</p>
<p>“We believe that by 2015 digital currency will be accepted everywhere in the US -– from your local corner store to Walmart. We will no longer need to carry a wallet,” Paypal President Scott Thompson said in a <a href="https://www.thepaypalblog.com/2011/06/paypal-crosses-first-100-million-active-accounts-4/">blog post</a>.</p>
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