Topic: Bitcoin will survive in "cashless society" ?? (Read 3027 times)
there's isn't any day past without a coin or two surfacing into the crypto space, the major setback is the lack of use cases. But with the way crypto currencies are jetting, definitely there won't be a cashless society without bitcoin, so we can say categorically that bitcoin will survive cashless society.
This is really a big problem and it takes time to change. If all payment methods are bitcoin, I think in places where the internet is inaccessible, we need to have traditional money. So, in order to be ready for this innovation, the government must facilitate and develop the country so that bitcoin payment methods are used everywhere. And this takes a lot of time to change it.
Yes, it will survive, because cashless society needs it!
i think bitcoin its not about survive or not , i think bitcoin will become a bridge to us to reach the "cashless sociecity " , 
Through the era we are in, the use of cashless method by the people such as using crypto currencies is a more convenient, faster, secure and practical way to our daily financial transactions. And this is true and possible that the Bitcoin will be able to survive in a cashless society by doing it so no more cash because of the digital money that is spreading all over and much more in the coming more years ahead.
The use of bitcoin has the most advanced technology far from the use of credit cards that are only a card where they save their physical money into it. I am sure the use of bitcoin will benefit more in the future and can compete with cashless society.
If this would be the case. There will be a high risk for security on each individual account. Since many hackers would really pop up for sure.
When society no longer uses cash, people can pay bills online, pay by card and take deposits directly into bank accounts, all of which are used digitally. These transactions are encoded by the same techniques as Bitcoin.
I think that cashless society is the best environment for bitcoin to develop. Since bitcoin is accepted for payment in some countries, it will open a new level of cashless society.
but if in my opinion it won't happen if the community is without cash, because surely most people in this world still don't know about bitcoin and other digital money. so it will be very difficult Bitcoin will not only survive the era of cashless society but might become one of the leading currency in that time. The number one cryptocurrency is created for online payment purposes with decentralized feature to help people in their currency transactions without using a third party. During the time of cashless society, people will have a choice of choosing a centralized virtual fiat and decentralized cryptocurrency where middlemen is no longer needed.
I think if more fiat currency become digital payment, bitcoin become one option. Once gold used as currency and when paper money come, gold become an asset. I think bitcoin will become an asset because bitcoin is a store of value too.
in some developed countries bitcoin does not use cash they only use a bank account number card, this is a more convenient and practical way for your financial security. and the community will be able to maintain the payment system by using it without cash
Yeah that's is true all develop countries are using debit credit cashless transaction using credit cards to paybills or use it to buy goods in the markets.
To be honest this type of payment system isn't really secured because there are some issue about the card cloning, unlike if digital currency bitcoin is very safe to use for cashless payment system because only the user can touch the phone to pay bills.
I believe we are already in the cashless system in most parts of the world. Even in the developing world, you can easily transact business payments through cashless methods such as debit and credit cards. Bitcoin is really ready to compete in the world, where the cashless system is already implemented.
This is really a big problem and it takes time to change. If all payment methods are bitcoin, I think in places where the internet is inaccessible, we need to have traditional money. So, in order to be ready for this innovation, the government must facilitate and develop the country so that bitcoin payment methods are used everywhere. And this takes a lot of time to change it.
without the Internet and connection to private technological networks, it is impossible to conduct any transactions on any plastic cards in Fiat, so that cryptocurrencies too will not be able to live without the Internet.
The world is increasingly globalizing, therefore, interstate borders are being erased. Under these conditions, the use of national currencies, even in electronic form, is not entirely logical. Bitcoin fits into the processes of globalization, so its use will only grow.
well crypto currencies are already big players in the cashless society, there wouldn't be a cashless society without cryptocurrencies. So definitely bitcoin will not just survive but be a major player in the crypto space.
It is said now China is a "cashless society". Use of debit cards and credit cards on online & offline stores/shops, pay bills etc..
USA and UK/England are into use of credit cards and debit cards in a big way for online & offline stores/shops, pay bills etc..
Will Bitcoin survive in "cashless society" where money becomes digital/numbers ??
Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries"
Unlikely because there are too many Altcoins in Cryptocurrency, we need to unify Altcoin used to pay this will limit the distribution. But FIAT is more direct and more comfortable in transactions if there is no Internet. Without internet, all Altcoin will be completely useless. USA and UK/England are into use of credit cards and debit cards in a big way for online & offline stores/shops, pay bills etc..
Will Bitcoin survive in "cashless society" where money becomes digital/numbers ??
Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries"
It seems to me that using bitcoin is even more convenient than credit and debit cards and all that. Therefore, it was created as a logical continuation of Bank cards.
We cannot deceive ourselves it is obvious that using credit cards is more convenient than using bitcoin, to begin with there is almost no business that accept bitcoin as a form of payment and even if the waiting times are decent right now we know that when the network is busy it can take you hours to get a confirmation, bitcoin still has a long way to go to be that good.
why not???bitcoin will survive and bitcoin is the main way to reach in cash less society.
you can see we are already cashless bcz we use visa ,mastercard and many e wallet service and they are cashless.bitcoin is the safe way to go in cashless society.
you can see we are already cashless bcz we use visa ,mastercard and many e wallet service and they are cashless.bitcoin is the safe way to go in cashless society.
It is said now China is a "cashless society". Use of debit cards and credit cards on online & offline stores/shops, pay bills etc..
USA and UK/England are into use of credit cards and debit cards in a big way for online & offline stores/shops, pay bills etc..
Will Bitcoin survive in "cashless society" where money becomes digital/numbers ??
Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries"
This will happen in other countries, and the non-cash society is being used in China. I think the next one will be Korea and Japan. In order to do this, countries must have modern infrastructure and high intellectual standards. USA and UK/England are into use of credit cards and debit cards in a big way for online & offline stores/shops, pay bills etc..
Will Bitcoin survive in "cashless society" where money becomes digital/numbers ??
Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries"
To pay with bitcoin qt product / service deployed on bakkt from the average user will not be possible. You'll have to start your account in bakkt, replenish it, and then make purchases. The more goods and services will be on the platform, the more real Bitcoins will be stored on it at the same time ...
If they gather a lot of active users, they will be able to control Bitcoin through hard forks. Type as Vitalka in 2016, bitcoins stolen? - and let's hardfork and will return everything! Miners do not support? And let's change the algorithm for pos in general! Are bitcoin crust developers saying something? Yes, we also have our own ... And most will have to support, in real blockchain, they have already transferred their cue balls to bakkt account for a long time ..
In general, Bakkt is a Trojan horse in a cryptocurrency fortress
If they gather a lot of active users, they will be able to control Bitcoin through hard forks. Type as Vitalka in 2016, bitcoins stolen? - and let's hardfork and will return everything! Miners do not support? And let's change the algorithm for pos in general! Are bitcoin crust developers saying something? Yes, we also have our own ... And most will have to support, in real blockchain, they have already transferred their cue balls to bakkt account for a long time ..
In general, Bakkt is a Trojan horse in a cryptocurrency fortress
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