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Michelle Ann Gitlitz is an adviser and lawyer, specializing in the payments industry. Her new book, Reimagining Payments: The Business Case for Digital Currencies, was published earlier this year. Here, Gitlitz writes about how digital payments are transforming businesses:

I am going to ask you to take a moment to stop and think about how you have made purchases over the past month or even year. Did you open your wallet and take out a bill? Did you write a check? Probably not. Roughly three in five Americans have not written a check in the past month. Cash is also dying: Norway, Sweden, and Finland are just a few of the countries moving towards cashless societies. And former president Donald Trump wants to build a Bitcoin stockpile.

Beyond governments, more businesses are taking notice of and responding to changes in customer behaviors. Four years ago, Starbucks began reducing its reliance on cash. It was hardly alone. In 2022, Chipotle gave away $200,000 in free burritos and Bitcoin on National Burrito Day. (Yeah, that's a thing.)

A year later, the fast........

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