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Topic: Bitcoin will survive in "cashless society" ?? - page 4. (Read 3018 times)

member
Activity: 378
Merit: 10
Bitcoin will survive in a cashless society and will flourish. It will be used more in those countries where non-cash settlements are more developed.
member
Activity: 348
Merit: 10
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"
The cashless society is yet to come where the paper money will be entirely out of the story. Bitcoin will spearhead this revolution by offering convenience, speed, security, user control, and low cost for transactions using Bitcoins as a payment method in stores, businesses, online and offline etc.


Bitcoin is started to offered a cashless society in some other countries but not worldwide. I think it can survive soon, if all countries developed and with the upgrading technology.
jr. member
Activity: 266
Merit: 4
CurioInvest [IEO Live]
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"
The cashless society is yet to come where the paper money will be entirely out of the story. Bitcoin will spearhead this revolution by offering convenience, speed, security, user control, and low cost for transactions using Bitcoins as a payment method in stores, businesses, online and offline etc.
newbie
Activity: 91
Merit: 0
Yes it will of course. Bitcoin is different to a normal form of digital payment. It is more secured and decentralized which means it will attract more people using it when it gets more mature. I think it will only get bigger and more popular as technologies develop.
member
Activity: 644
Merit: 10
COVIR.IO
Bitcoin is like digital currency and store of value. Its more flexible than fiat money. We can use bitcoin in others country as long merchant accept it. But the obstacle is on government regulation, and if regulation issued by government i am believe bitcoin will lead in cashless society because beside used for currrency, it can use as store of value
full member
Activity: 668
Merit: 100
DogData
In my opinion in some developed countries Bitcoin is a legitimate payment instrument, and they don't have to use cash but digital money or credit cards, it's safer and more practical for payment. Bitcoin can survive in the community without using cash.

there is also evidence that other countries are using and approving bitcoin as a transaction tool, but this is not fully used for transactions, of course cash is still used, because it plays an important role.
member
Activity: 952
Merit: 41
The world financial system is moving towards cashless mode of transactions and that bitcoin/cryptocurrency as the only currency which does not have any physical value but exist digitally is the main target and means of real cashless, the cashless society will survive well with the use and adoption of cryptocurrency as the global currency.
member
Activity: 588
Merit: 10
Yes, absolutely it will survive in cashless society. Nowadays Bitcoin has become so popular everywhere. And people are starting adopting it. Now many big companies are started to accepting Bitcoin as Way of payment. So it has the ability to survive in cashless society. People will easily make the use of it to purchase the things in upcoming days.
full member
Activity: 826
Merit: 104
definately bitcoin will survive in cashless society bcz you can in england bitcoin is popular and all over the world people like bitcoin and bitcoin is virtual currency and virtual currency is future money.
member
Activity: 448
Merit: 21
Of course, bitcoin will survive in " Cashless Society" where people will use digital money like bitcoin. I strongly believe bitcoin is a good example of a cashless society. If it became into reality, there's no reason that bitcoin won't survive. So I believe that as soon as possible Bitcoin will be accepted all countries and it will survive in cashless society.
newbie
Activity: 75
Merit: 0
Bitcoin can or not be accepted by majority of people in the near future. The reason Bitcoin will remain popular are worldwide investments in Bitcoin.
member
Activity: 112
Merit: 10
Yes, definitely, it will survive and brings a big change in our financial system. Bitcoin can help in the transaction and monetary payments without the use of any cash. I hope we don't have to use many types or credit card or debit card, and we only need to carry one wallet which has bitcoin. So I believe bitcoin will be the best option in terms of using digital cash in making transactions.
jr. member
Activity: 294
Merit: 4
In my opinion in some developed countries Bitcoin is a legitimate payment instrument, and they don't have to use cash but digital money or credit cards, it's safer and more practical for payment. Bitcoin can survive in the community without using cash.
jr. member
Activity: 125
Merit: 2
Bitcoin is a digital currency and cashless society will only create a favourable grounds for Btc to flourish. Maybe people will get more reasons to get into crypto in a cashless society
drm
legendary
Activity: 1176
Merit: 1005
It would definitely survive in a cashless society, it will most likely be the only real decentralized option.
brand new
Activity: 0
Merit: 0
Therefore, bitcoin will be most easily applied in countries where settlements without cash 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 be there for a very long time. Crypto currencies will run on the company in parallel with tuna money You talk about the whole Blockchain technology right? That must be improved in the coming years
newbie
Activity: 10
Merit: 0
It will survive, however its value may be a bit lower than it is now. As more countries will be "cashless".
sr. member
Activity: 438
Merit: 250
of course bitcoin will continue to exist and survive, as we know bitcoin as a payment tool and many companies have accepted bitcoin
jr. member
Activity: 490
Merit: 2
everyone certainly doesn't expect that. I know that transactions using bitcoin are more effective, but cash is also important to keep the traditional market economy going. if it allows bitcoin to also be used as payment in traditional markets, I think that will come true.
newbie
Activity: 14
Merit: 0
Yeah very true in these digital or cashless world bitcoin will not only survive infact it will grow with very fast pace .
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