BTC wants to survive in a cashless society! We should pay to China's WeChat payment and Alipay payment to learn!
Because their payment is on time and there is no transaction fee!
Just take out the phone and scan the QR code payment!
Topic: Bitcoin will survive in "cashless society" ?? - page 12. (Read 3018 times)
China does not use fiat money anymore beause they are just using debit and credit cards, but they are not using bitcoin as a main source of payments, since it is prohibited
A cashless society is just where bitcoin is needed. Bitcoin in cashless societies will be able to rub shoulders with the digital money in terms of convenience, speed of transaction, safety and transparency.
I dont know if bitcoin can survived in a cashless society because till now bitcoin is still at the bottom.If it will always continue in this way many people will have doubts in it.Some countries are using already a card for transactions and I think they prefer a stable value rather than a volatile one.
China's "cashless society", they mainly use WeChat payment and Alipay payment! They rarely use credit and debit cards!
The cashless society will eventually come, and history will always advance!
The cashless society will eventually come, and history will always advance!
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"
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"
Not just bitcoin alone surviving the cashless society, we have the prospective altcoins too. Just like a tweet from McAfee, that we should
Hodl our cryptocurrencies; government will beg to have us sell our tokens in converting to fiats.
cashless means to eradicate cash from the society whereby digital channels will replace cash. i know since bitcoin is virtual currency, it will survive and replace cash.
We know that bitcoin can survive in any society but for now we all know that there are a lot of things and matters that already facing by crypto currencies at this moments but sooner or later when all the mistakes and problems are already fixed it will go back again to the normal and it will giving again a lot of more profit to the people in every society it will just take a lot of a matter of time.
China is a bit different. If I remember correctly, their level of cashlessness is light years ahead of everyone else. And they use third party payment processors such as Alipay instead of debit/credit cards, which isn't yet done in the western world.
But there is no reason to believe that bitcoin can't survive in a cashless world.
In fact, as more people get comfortable with the concept of a centralized, cashless society, the obvious decentralized alternative would be bitcoin, for anyone that would like to store their wealth within a independent asset. BTC can be easily integrated into day to day commerce, just like any third party payment processors.
But there is no reason to believe that bitcoin can't survive in a cashless world.
In fact, as more people get comfortable with the concept of a centralized, cashless society, the obvious decentralized alternative would be bitcoin, for anyone that would like to store their wealth within a independent asset. BTC can be easily integrated into day to day commerce, just like any third party payment processors.
not only will survive but also be a valuable resource for society
If the time comes when there is no cash , just an online money, bitcoin will survive but in a society where there online is not yet implemented bitcoin will not sustain its life and So this means you have a very small chance to survive with this "Cashless society
it doesn't have any relation with bitcoin success!
cashless or not doesn't not affect bitcoin directly.
Bitcoin is seen as an investment instead of a currency.
cashless or not doesn't not affect bitcoin directly.
Bitcoin is seen as an investment instead of a currency.
Honestly, I don't understand what you mean.
Do you mean, with the existence of debit cards, we don't need bitcoin? If yes, you are wrong. Bitcoin is completely different. Debit cards are working centralized.
Do you mean, with the existence of debit cards, we don't need bitcoin? If yes, you are wrong. Bitcoin is completely different. Debit cards are working centralized.
Yes because that is the nature of bitcoin as long as you have internet you just click it and transactions will go no need to carry cash so it safely to travel.
Yes, Because Bitcoin is not popular for the digital nature of it but it has the USP of decentralization which is not there in the case of blockchain fiat currencies (still in the concept form) so I don't think that a cashless society would affect Bitcoin in a negative sense but in fact, it will boost the Bitcoin user base by building the cashless environment for the users and it will be easier for them to shift their payment system to cryptocurrencies.
Many people think that debit and credit cards are the future. The only problem with them is that we have only 2 payment processors which are centralised and can be easily overloaded. Bitcoin is way different than them since it is decentralised and provides even faster and independent transactions (lightning network). Give people some time to learn about Bitcoin and how to use it.
Bitcoin if legalized, will help cashless society.
Many people think that debit and credit cards are the future. The only problem with them is that we have only 2 payment processors which are centralised and can be easily overloaded. Bitcoin is way different than them since it is decentralised and provides even faster and independent transactions (lightning network). Give people some time to learn about Bitcoin and how to use it.
One of the main reasons why cryptocurrency was created was to improve economies
It's arguable whether it improves existing economies, or simply stands apart as a separate, more transparent and predictable alternative. I tend to lean towards the latter. What we're doing is still generally thought of as something almost disparate and incompatible, rather than supporting any existing infrastructure, but that may change as crypto matures.
Bitcoin will survive in a cashless society. One of the main reasons why cryptocurrency was created was to improve economies and help turn money into digitalization. Of course we will not know for sure if it will survive until we push into the future, but I think it bitcoin and the rest of cryptocurrency is paving the way for big changes.
I agree with you, indeed since Bitcoin is a digital money and not something we hold literally like fiat money, it is indeed a money when cash will be removed. Every bitcoin and altcoin holders will be very wealthy that time.
Survive? More like thrive in a cashless society. Though I don't see that happening entirely, a cashless world would mean that people wold have to look for alternatives for doing transactions and all of us would agree here thatis even now, bitcoin is a great alternative to cash and fiat transactions
Bitcoin will survive in a cashless society because digital money is meant to be the Essenes of a cashless world. And this all what I'm waiting for a cashless world and hope it will be happen soon.
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