Bitcoin will survive in "cashless society" ?? - page 2.

Shutup

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Quote from: First77 on February 28, 2018, 01:29:19 PM

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"

Yes l believe that bitcoin will survive in cashless society,bitcoin will rise in the future to be the currency of the whole world.l believe bitcoin can to something in this world to make the world survive for all this crisis.

cathalary153

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Unless they can beat fiat currency , they never can survive in " cashless society". Most of us use them as a storing method than a currency , so fiat still play an important part in our life

Afnan_faizah

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Quote from: First77 on February 28, 2018, 01:29:19 PM

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"

I want to add more facts about this case. First, using bitcoin is better that using debit or credit card because there are no third parties whos we have to pay them for their service, the second one is bitcoin can increase our saving because we only need to pay transactions fees when we use bitcoin for our transactions as the anonimity that bitcoin have provided to us, it's mean we can avoid the taxation(actually I don't thing that avoid to paying tax is a good thing), the last one is by using bitcoin we can reduce admin cost which mean that our purchasing power will increase slghtly. I am sure that bitcoin is still better than other digital payment metode. Bitcoin will survive in cashless society.

begau

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The pace of Bitcoin development in recent years is very fast. Along with that, its influence on the economy and trading activities of the countries is very big. So today the countries use it to pay.The purchase became popular and it would exist and would be accepted as the cash that the world was using.Replacing all the cash i thought could not happen.

Rooster101

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Quote from: NorihiroName on October 20, 2018, 12:27:53 PM

I think that BTC has good chances to be a pillar of cashless society and surely it will survive in such conditions, it came to replace fiat money.

I agree. Virtual currency like bitcoin can be one of the best coins for use in cashless society. Cryptocurrency have more chance to survive and can coexist with other virtual currencies. But I think fiat will not going to be replace by any cryotocurrency but it might be converted into digital currency by the central bank. There will be a lot of virtual currencies competing for cashless transactions but bitcoin will surely survive the competition.

Sultanar484

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Chaina isn't fully cashless country. After 5 years from, we will found many cashless country, they use Debit and Credit cards. Bitcoin will survive along with Cards. The world is becoming engaging in digital currencies.

lyks15

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It depends on what country or what the status of your country that you belong in terms of casless society method. Imagine that you are in a not so rich or not so progressive country,how can you survive in a cashless method when your surrounded by not modern store who are not using modern technology to use cards or crypocurrency as payment. But when you are in modern and rich country all of this is possible because they can afford to innovate their technology for cashless society but I hope all of country will grow in help of cryptocurrency to make a cashless society possible in the whole world.

[email protected]

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Moreover, it won't only survive, it will lead it

Jasad

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= jasad =

Quote from: First77 on February 28, 2018, 01:29:19 PM

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"

maybe yes, but this will take a long time more than a decade, even if every country has done technology as a means of transaction. and for bitcoin, bitcoin is only the second option and not the main part.

Google+

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when bitcoin can already be used for some use, bitcoin can survive and bitcoin can reduce the use of cash so that all transactions can make payments without using cash and can only use a smartphone can buy anything you want.

Rustamm

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Bitcoin lover!

Although non-cash money is entering our life more and more, cash will still continue to go along with all other types of financial settlements. In life there will always be a place of cash national money that mankind has not yet invented. Cryptocurrency or other forms of cash settlement will run in parallel with each other.

Boybugwal760820

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Bitcoin has always been a digital currency and using bitcoin is the new innovation nowadays in our financial system so therefore I am very sure that bitcoin will really survive in a "cashless society" because that is really the main purpose of bitcoin wherein you can be able to deposit or pay without having any physical form of monetary currency in your actual hands.

Yamifoud

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Bitcoin is the phenomenon of modern cashless society. It is even more advanced and has even more features than conventional Bank cards. Therefore, in the future I will use it.

We appreciate its usefulness if we fully engaged into these. Basically, we just satisfied of profit we have now from bitcoin because we consider these as an investment. But it is not the only purpose of its creation, instead it is just another form of currency just like of fiat money. Of course, it will survive if the government and the community support for these.

MoreMoneyHunt

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Although there has been several attempts put forward to bring convenience in financing. Digital currencies are gradually becoming the order of the day. However, cryptocurrencies appears to be the most valuable digital currencies with tremendous benefits to its users. As the world become more familiar with this concept and adopts it, Bitcoin will rule because it is the number one in crypto.

aliceHortrex

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Quote from: First77 on February 28, 2018, 01:29:19 PM

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"

Bitcoin is an alternative, but not a replacement. These two currencies are dependent. First of all, bitcoin is from Fiat. The Fiat currency, in turn, can safely exist without bitcoin, but alas, it becomes digital very quickly. Digitization is inevitable!

Menawi12

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Quote from: First77 on February 28, 2018, 01:29:19 PM

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"

I am believe bitcoin is pioneer in digital money and cashless society. But looking on many digital money right now, i think bitcoin will become digital asset because its more profitable

jtrapirap

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Of course Bitcoin can definitely survive on cashless society. We are already in digital era and most sector of industries in our economy has already been enhanced with new stuff and fresh technologies and so this is our definitely our time to see how our monetary and e-payment system can be revolutionize by cryptocurrency itself. This is like e-mail replacing traditional mailing system.

Ayiranorea

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Bitcoin is a beginning to make a cashless society. When the market keeps growing automatically it'll reach common people with ease. Some might feel difficult to adopt and use it in the beginning, but will soon find it to be easier as handling fiat. As governments operating over different countries too have started showing interest upon cryptocurrency surviving cashless society is possible.

hermankoles

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when the government has supported it without blocking crypto again, bitcoin will be very useful in everyday life, so many merchants that accept bitcoin payments are proof that bitcoin is there and useful

iSparta

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The fact that Bitcoin has been around for ten years means that it has necessary potential and demand among the society. The increasing virtualization of society associated with development of computing technology will inevitably lead to the increasing spread of Bitcoin. Some time ago, payment cards seemed fantastic, but now they are an everyday occurrence. The same thing will be with bitcoin.

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