Heard on the Street: Don't knock a cash portfolio
The digital revolution in banking is one of the major investment themes of the young century, pushing big share-price and valuation gains for financial-technology upstarts like PayPal Holdings and Square, as well as
network giants like Mastercard and Visa. Younger consumers have embraced cash-transfer apps like Venmo and, to an extent, cryptocurrencies. Some retailers have tried to ditch cash and take all payments in digital or card form.
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