You can make real money betting on a cashless society
Noland Langford, chief executive officer at Left Brain Investment Research says that unlike many industries that got a boost from the pandemic but which will slow down when the recovery is complete, the push towards electronic payments and a cashless society is not going to abate. With that in mind, he favors PayPal, Square and Visa as stocks that can take advantage of the trend, and while he acknowledges the future potential of cryptocurrency, he suggests investors focus now on where the transactions can be made easily and widely, noting that today's big players will only go faster if and when the cryptos become as commonplace as credit cards.