Cook Predicts Next Generation Won't Know Physical Money

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Mark Melin
Published on
Updated on

Apple CEO Tim Cook outlined the future yesterday, a script that has been the topic of fascinating intellectual musings but a picture that is painted primarily with positive visions. Cook was in Dublin, Ireland speaking to a group of college students when he foretold the future of monitored and trackable money. “Your kids will not know what money is,” he was reported to have quipped to students at Trinity College Dublin. In making statements on what increasingly appears a logical direction, Cook was at the same time expressing opinions counter that of the U.S. security establishment when he addressed digital…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.