Topic: Bitcoin will survive in "cashless society" ?? - page 6. (Read 3018 times)
Bitcoin will definitely survive in a cashless society. Looking at the transaction fees charge when you use debt cards and credit cards, I believe bitcoin will be the best option in terms of using digital cash in making transactions. Bitcoin offers a low transaction fees compared to the others
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 think bitcoin is among this cashless currency because is digital currency it can also play a great roll in the cashless society hoping to see bitcoin as number on currency in my country. 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 the real deal when you talk about cashless society because when you talk about cashless society you are referring to a society where the use of physical money is absent ond the use of digital currency become the way of life, so bitcoin will survive and even do well in a society were they practice cashless society.
Bitcoin will thrive in a cash and cashless society it will just take different roads to get their depending on which kind of economy it is. Honestly bitcoin won't be hindered by other means of transaction bitcoin can stand on its own as the superior means of transaction.
Its not sure whether Bitcoin will survive the cashless society or not but cashless society will surely survive coz lots of countries are now cashless without being operating the bitcoin. However, bitcoin is stand alone entity so anything said in or against will not do the justice.
Bitcoin is also part of the "cashless society", so one can say without doubt that bitcoin will survive.
As more and more countries become "cashless society", Bitcoin will fail in next 5 years.
So, Bitcoin is platform to move money around cause I don't get the reason that made you said bitcoin will fail by using cashless system in the world.Bitcoin has been the major reason we don't have to move money around but with Bitcoin you can transact with someone in another continent with out even be there and with less transaction fee and instant credit but on credit card you have to wait for some days for inter bank to remit your money which even have more fees compare to Bitcoin and don't forget that Bitcoin has no tax or third party requirements , so I don't see any reason for Bitcoin to fail in cashless environment but even will get stronger .
that is certain, maybe even if BTC is fully legal, people will be more interested because in terms of transaction costs it is much cheaper, security because BTTC using the blockchain system will definitely be safer, this is a new era, all digital, I am used for that, this is a new lifestyle, I'm sure btc will become king in this era
Cryptographic currencies are currently building trust to be applied in daily activities so that they can create non-cash settlements. And bitcoin was the first to popularize the payment system using digital coins. 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 currency will run in the company in parallel with cash.
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"
I don't think why peoples are stating that bitcoin will fail in such society how can they forget that bitcoin is a vital part of cashless society . Bitcoin can help in transaction and monetary payments without use of any cash just by simply a touch of today's technology can pay someone in any part of this world.
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When bitcoin is available in any store, then bitcoin can be a new payment for us which we can use to buy anything in the store and not only the online store but it also in the offline store. So we don't have to use many types or credit card or debit card, and we only need to carry one wallet which bitcoin inside because it's simple to use and we don't have to use card plus we can save the PIN for that card. Besides that, it will reduce the opportunity from being stolen by another people because they need the private keys or our PIN to access our wallet.
Bitcoin is a digital cash and more usable as payment for goods and services than other cryptos. Definitely, it will survive and brings a big change in our financial system.
Bitcoin is now very popular, and some stores are starting to accept it, as a payment instrument. So that in the future the use of Bitcoin and blockchaine technology will be increasingly used in the community for everyday life.
There are so many more processes to happen before it is generally accepted in everyday use. But are slowly moving towards that goal 
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 think yes, bitcoin will survive in "Cashless Society" where people will use digital money more than paper money. Our live is become more modern every year and I'm sure someday we will not use paper money anymore, maybe like on the next 10-20 years. Bitcoin is really suit the cashless society though, like you only need scan your QR code and you send the bitcoins. 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 doubt we will move to a cashless society any time soon at least not in my life time, and then once that happens you need to have a universal currency everyone can accept.. as a global community we can't even agree to cut emissions or try and move to greener fuels so add X years to that figure. The way I see it is crypto will never replace a currency system instead I think there will be more adaption for the block chain tech more than anything else, to trace where food comes from, parcel tracking, communication, storage that's the true value of the tech not £/$/€
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"
Bitcoin itself is cashless, and i think it is good because peoples are used to digital money.
debit/credit cards need a fee for 3rd party of it, but crypto is not. If cryptocurrency can be used in very low fee, then it will be the best digital currency.
I don't know about this, cashless means we would be heavily relying on crypto, and therefore every country would be using BTC, and such other cryptos as well, and in result of that, I don't think that we'll be able to survive living in a cashless society today, probably in the future yes, but as far as I can see I'm not yet sure about it though, but I am hoping for the best for our society and to the crypto world as well.
Yes probably. BTC is the future of cashless society though. Like paper before as a currency. This is the real world every thing will evolve into much better thing and be more innovative. It will survive for me because BTC is decentralized, meaning it is acceptable as currency in some area of the world. It has also has its value so probably as paper cash have this will probably happen on this.
Mastercard maintains 99.999 % availability and can process 3.4 billion transactions per day at 38,000+ transactions per second, with an average response time of 140 milliseconds….
Visa is at 24,000 TPS
https://www.quora.com/
TPS = Transactions Per Second.
While bitcoin have blocks each 10 minutes with 2500 transactions aprox, that give us an averange of 4 TPS.
Visa is at 24,000 TPS
https://www.quora.com/
TPS = Transactions Per Second.
While bitcoin have blocks each 10 minutes with 2500 transactions aprox, that give us an averange of 4 TPS.
In a cashless society, transactions are done without the use of physical cash. Bitcoin being a store of value, a currency or whatever people say it is, fits in this context because it is a digital currency that requires the use of an internet to operate and it's not physical in nature. It certainly will survive in a cashless society.
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