Ending Cash argues that America's tangible cash should be transformed into a new federal electronic currency (FEDEC). Although Warwick admits that private bank card systems and/or the Internet may someday supplant cash, he explains why this will not happen soon, certainly not in our lifetime. Nevertheless, if America's tangible cash could be transformed into federal electronic currency (FEDEC), the social and economic benefits would be profound.

By eliminating cash the savings from crime reduction alone would amount to hundreds of billions of dollars yearly. But naturally there would be issues of special concern if a FEDEC system were to become a hot public debate. Privacy, security, practicality, convenience are just some of these. Warwick tackles them here and, as no other books attempts to do, offers a practical plan for creating cashlessness.