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Topic: Bitcoin will survive in "cashless society" ?? - page 15. (Read 3019 times)

member
Activity: 266
Merit: 32
You are talking about the whole technology of Blockchain correct? That is should be improving these coming years.

Now Bitcoin is just an asset lower than Silver.
legendary
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As we see, Bitcoin already is very popular, and some shops accept him, as means of payment. So that in future, I consider, Bitcoin and technology of blockchaine will be all anymore inculcated in society.
You are talking about the whole technology of Blockchain correct? That is should be improving these coming years.
member
Activity: 266
Merit: 32
Crypto currency is actually one of the types of non-cash money. Therefore, bitcoin will most easily be implemented in those countries in which cashless settlements are highly developed. However, despite the obvious progress in the transition to non-cash settlements, it seems to me that cash for many reasons will exist for a very long time. The Crypto currency will walk in the company in parallel with cash.

All the talks of Bitcoin uses are failing. How can people ignore "cashless society". What new does Bitcoin have for the world economy ??
full member
Activity: 938
Merit: 137
Crypto currency is actually one of the types of non-cash money. Therefore, bitcoin will most easily be implemented in those countries in which cashless settlements are highly developed. However, despite the obvious progress in the transition to non-cash settlements, it seems to me that cash for many reasons will exist for a very long time. The Crypto currency will walk in the company in parallel with cash.
legendary
Activity: 3948
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Leave no FUD unchallenged
Bitcoin will thrive in a cashless society.  Doing everything by credit/debit card means the banks can monitor every expenditure you make for the rest of your life.  They can tell exactly where you are and which company you're transacting with every time you spend "your" money (except it technically isn't even yours in the eyes of the law, banks legally own the the money you deposit with them, you're just an unsecured creditor).  Eventually, people are going to realise this and will see such surveillance as in intrusion on their privacy.  And if more people realised the money they put in the bank doesn't actually belong to them anymore, less people would be using banks right now.
member
Activity: 140
Merit: 10
I don't see why it shouldn't survive. Sweden is perhaps the most cashless society that currently exists, and they are perfectly fine with using bitcoin. No cash means the difference between fiat and cryptocurrencies are reduced and there will be fewer roadblocks in the way of crypto adoption.
full member
Activity: 504
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U shouldnt forget about that dirty money that are involved into crypto. Till the society has tis "kind" of business crypto is alive, I think.
member
Activity: 266
Merit: 32
February 28, 2018, 01:57:52 PM
#9
in some developed countries bitcoin does not use cash they only use a bank account number card,

and what are VISA and Mastercard debit and credit cards ?? A person in UK can buy water filter from USA using a debit/credit card. Money become digital and international after conversion rate.
sr. member
Activity: 406
Merit: 256
February 28, 2018, 01:56:10 PM
#8
Bitcoin feels better in a non-cash economy. If the cash disappears then bitcoin will win the battle with Fiat. 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. This will give a big boost to the popularity of bitcoin.
full member
Activity: 753
Merit: 100
February 28, 2018, 01:53:43 PM
#7
As we see, Bitcoin already is very popular, and some shops accept him, as means of payment. So that in future, I consider, Bitcoin and technology of blockchaine will be all anymore inculcated in society.
jr. member
Activity: 224
Merit: 1
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February 28, 2018, 01:51:14 PM
#6
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"

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
full member
Activity: 336
Merit: 100
February 28, 2018, 01:49:30 PM
#5
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
newbie
Activity: 6
Merit: 0
February 28, 2018, 01:46:39 PM
#4
Bitcoin will survive, if the issues it has can be corrected it will be around for possibly a long time.
member
Activity: 266
Merit: 32
February 28, 2018, 01:45:07 PM
#3
As more and more countries become "cashless society", Bitcoin will fail in next 5 years.
newbie
Activity: 56
Merit: 0
February 28, 2018, 01:42:19 PM
#2
Of course it will, Surely that was one of the reasons for creating Bitcoin. I'm not sure bitcoin will actually be used as a currency, i think its more a store of value. Some of the other coins will be used as currency.
Here in the uk we are behind the times at bit with crypto, i wish it could take off here more like the states.
member
Activity: 266
Merit: 32
February 28, 2018, 01:29:19 PM
#1
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"
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