Word: trigano
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Dates: during 1990-1999
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Ever since 1888, when philosopher Edward Bellamy foresaw a utopian world where money would be replaced by a card based on the "credit" built up by workers with their labor, financial prognosticators have hailed the coming of the cashless society. Club Med founder Gilbert Trigano tried to create some cashless utopias of his own by asking his guests to pay for things with beads as part of their tropical vacations. But in everyday life, consumers until now have largely chosen to hold on to their coin purses, dollar bills and checkbooks, reflecting an atavistic, under-the-mattress reluctance to part...