Somewhere in the not too distant future, you will no longer see the Korean won. It will become something strange your grandparents still hold on to and give you during the Korean holidays. The younger generation will not know what to do with it. During this time cold hard cash will disappear. What will replace it? Digital currency. To be fair, most of the money in South Korea is held electronically. If every single person in South Korea decided to pull out cash at once, there would not be enough paper notes to cover the population. So the movement to a cashless society in South Korea would be an easier transition than most people think. Seoul, for example, will start to experiment with digital currency with its S-Coin. However, that will only be the start of moving towards a cashless society in South Korea.