MyECheck, Inc. (fka MYEC)

[Pass the Salt]

Ecuador becomes the first country to roll out its own digital cash

Please read the above article and factor in where MYEC factors in. If Ecuador is moving forward with a digital cash system--what is the United States preparing to do? Specifically what is the plan to convert billions of paper checks into digital form? ;)

The other night I was listening to a nationally syndicated program that highlighted the growing problem of counterfeit U.S. currency. The 100.00 dollar bill has recently received a number of upgrades to try to deter foreign governments and other entities from completely overwhelming the paper currency 'firewall.'

A MYEC approach will help to discourage the use of 'paper' forms of payment especially paper checks and coupled with the use of digital cash will greatly deter those entities trying to do material and financial harm to the United States through paper means.