Denmark is close to going cashless. Could it work in the U.S.?

Could you ever see yourself getting rid of cash for good?

Some are asking if the United States could one day go "cashless," ditching paper money and coins in favor of cards and online payments.

This comes after leaders in Denmark said the country wants to remove all paper and coin currency from retail transactions and become the first cashless society.

Denmark recently announced it wants its restaurants, gas stations and retailers to go cashless. Under the proposed law, businesses would only accept debit, credit cards and mobile payments.

Would that work in the United States? Probably not, according to most analysts.

According to a 2012 survey, Americans use cash at a much higher rate than Denmark and other European countries.