Topic: Bitcoin will survive in "cashless society" ?? - page 13. (Read 3018 times)
I think that is where it's driving to...... And to me it's of great project
I think that it will support cashless society! Because it isn't analog.. It's digital!
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.
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.
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.
yes of course bitcoin will be able to survive because I see bitcoin has good potential you should be able to see the potential of the total supply of bitcoin currently available only 21 million pieces of bitcoin which means bitcoin will become very rare.
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 also 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 also not have physical presence in "cashless society/countries"
bitcoin is cashless society. It's probably the beginning of it as even the banks and other instituions are adopting blockchain to use it for similar purposes. therefore bitcoin as future of money makes a lot of sense
It will not survive in this society, because there will be no reason for bitcoin to develop with human exchange.
Cashless society means digital society and Bitcoin is the king of digital currencies. So I cant think of why Bitcoin wont survive in the cashless society. It is in fact good that the whole world is slowly going digital and cashless. Also the fiat currencies cant compete with Bitcoin due to their global transaction fees whereas Bitcoin is so cheap.
I predict that to create a "cashless society" takes a long time.
maybe in a country, like you mentioned in japan, english, china, and others will be able to adopt bitcoin and will survive in "cashless society".
but if in a country like Indonesia, and other countries that are still left behind, I think to create "people without cash" is also difficult.
maybe in a country, like you mentioned in japan, english, china, and others will be able to adopt bitcoin and will survive in "cashless society".
but if in a country like Indonesia, and other countries that are still left behind, I think to create "people without cash" is also difficult.
I think yes!. Bitcoin can survive cashless society infact he is a cashless. There are some store in the world are niw accepting bitcoin. Maybe in the future all will use blockchain
As more and more countries become "cashless society", Bitcoin will fail in next 5 years.
cashless society an economic state whereby financial transactions are not conducted with money in the form physical bank notes or coins, but through transfer of digital information(usually electronic representation of money)between the transacting parties.So this means you have a very small chance to survive with this "Cashless society".
The scalability issue is not resolved now. As soon as this problem is solved at the global level, bitcoin will become an acceptable means of payment for trading
Yes bitcoin will survive cause of people willing to survive form cashless society when the posible outcome will growth to help people.
Bitcoin transaction fee is $50 ??
Yes bitcoin will survive cause of people willing to survive form cashless society when the posible outcome will growth to help people.
Bank-wire transfers are the oldest form of digital money/digital payments. What does Bitcoin have to offer ??
If you have little free time you can safely invest. Investing does not take a lot of time ..
Bitcoin could definitely survive in the cashless society because it is one of the same forms of money. But the thing that has to be kept in mind is that such countries would definitely have a lower rate of its usage as compared to those nations where these coins are used against the paper money. If people are already using the plastic money for payment methods and buying and selling purposes then they would find it useless to move towards the utility of digital assets.
All the major online stores and offline stores/shops have debit and credit cards are the first payment method. In fact "cash on delivery" is among top 3 payments.
Bitcoin is obviously different than debit and credit cards so the chances are less. This is a drawback for bitcoin and we know it. People tried implementing bitcoin debit cards but they ended up to be a fail as it took a lot of days to get processed. Not only China, US or UK are becoming a cashless society, other countries are joining in too. The future is known to be full of innovative ideas and stuff so I'd rather wait for it than arriving at an immediate conclusion.
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 also 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 also not have physical presence in "cashless society/countries"
The prelude of "Cashless Society" begun 50 years ago for convenience.
http://heinonline.org/HOL/LandingPage?handle=hein.journals/bclr8&div=34&id=&page=
Bitcoin was created for the same purpose just like credit cards in preparation for the "cashless society". People will definitely prefer paying online with the use of bitcoin because of its anonymity and lesser fees compared to other digital mode of payments.
Even if bitcoin is used as a store of value nowadays, the mere fact that its a digital currency with lesser fees and faster transactions it can surely survive in a cashless society. Few years from now bitcoin as a currency will be fully implemented if people worldwide specially the business sector and the government will embrace this very awesome innovation for people's convenience.
P.S.
It's hard to fully implement a cashless society because there are small businesses that won't accept digital payments so cash/physical money will still be around.
I think bitcoin will be in the future but can not replace cash, because now the countries are still using cash to pay the daily expenses. In parallel, Bitcoin deserves the savings or investment and daily necessities.
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