Nothing like that happened in India,it is still the same,poor people earnings less than a dollar in that country so how can you expect it can turn into cashless economy.First they need to concentrate on the employment issues in their country before asking them to use digital money.
readiness about this does not have to be measured as a whole in all regions of the country, there is always a gradual structure of urban society first, and I am sure it has been applied effectively in a modern way. the response was obtained in stages, India is a country that is ready to be associated with digitalization in every city they measure has advanced. 
Topic: Cashless Economy: Is Society ready for transformation? - page 12. (Read 20742 times)
Well in my opinion, is not all the society that is ready for the transformation in cashless economy. Although, I must confess that there are society in some part of the world that are ready for the transformation.
But, many countries are already prepared for getting into the world of no cashes still in my country there is no vendor that does not accept online payment. You can pay via transfer for virtually anything purchased and this is a good way to tell that everyone is ready to go into the cashless system. This does not mean that everyone has entirely gone cashless but it only means that majority are preparing for the time and when that eventually comes it will no longer be new, so it’s possible and for the fact Indians and considering that they have a good technology. 
Cashless India, the Digital India programme is a flagship programme of the Government of India with a vision to transform India into a digitally empowered society and knowledge economy. “Faceless, Paperless, Cashless” is one of the professed roles of Digital India.
Lets discuss!!
Nothing like that happened in India,it is still the same,poor people earnings less than a dollar in that country so how can you expect it can turn into cashless economy.First they need to concentrate on the employment issues in their country before asking them to use digital money. Lets discuss!!
Already people in all over the world will use the cashless method for transaction and payments it can be an important development to avoid money in the future India virtual currency and using the morning we'll be more safer than using in normal way I think it will be happen in very quick time.
It will since people already have some glimpse with virtual currency, time will come that the entire world will embrace this way and the government willadjust for this new digital currency, we knew that blockchain will help to make things easier and with wide knowledge everyone will be using it and make things more quicker, imagine world with innovations will indeed helps.
There are a lot more to do before thinking about this cashless economy. What has been done to change the illiteracy and even improve the knowledge of the citizens on computing. There are many who don't know their left from right when it comes to computing and so how can these people cope.
It is not an easy thing to change the mindset of people who are used to cash, because it is very simple and does not need other devices such as computers or Android mobile phones.But that change must come, because life itself will go hand in hand with the progress of the times, which inevitably have to undergo. As in fiction, maybe one day all use crypto money because mining products or agricultural products are not sufficient to produce cash.
Cashless India, the Digital India programme is a flagship programme of the Government of India with a vision to transform India into a digitally empowered society and knowledge economy. “Faceless, Paperless, Cashless” is one of the professed roles of Digital India.
Lets discuss!!
Lets discuss!!
Cashless has many advantages, namely: fast, safe and free to send money to friends or family locally (one country) and is more effective when used for online transactions. Because cashless technology's "capable" of placing consumers at the main point, so that they can control their money in a way that is easier & safer.
Well in my opinion, is not all the society that is ready for the transformation in cashless economy. Although, I must confess that there are society in some part of the world that are ready for the transformation.
There are a lot more to do before thinking about this cashless economy. What has been done to change the illiteracy and even improve the knowledge of the citizens on computing. There are many who don't know their left from right when it comes to computing and so how can these people cope.
There are some society who still can’t afford to adopt a cashless society because of lack of knowledge and they are really poor at all where they neef the food more than the money. Cashless society will be grow, but still fiat money will be there for those people who don’t want to use money online. 
Cashless India, the Digital India programme is a flagship programme of the Government of India with a vision to transform India into a digitally empowered society and knowledge economy. “Faceless, Paperless, Cashless” is one of the professed roles of Digital India.
Lets discuss!!
Lets discuss!!
I would say yes, but for now, partially. I think the market has had its fair share of changes becoming more and more technologically inclined day to day. I think that as more and more advanced improvements are introduced in the market, everything will follow suit making things more digital, since being digital comes hand in hand with being convenient. The thing about digitizing everything is that everything becomes easier and faster. Also, it can give business transactions a protection that could keeps its safety against physical threats that could happen when you have a lot of cash at hand. However, that happening could also bring about new threats like hacking.
There are a lot more to do before thinking about this cashless economy. What has been done to change the illiteracy and even improve the knowledge of the citizens on computing. There are many who don't know their left from right when it comes to computing and so how can these people cope.
Cashless India, the Digital India programme is a flagship programme of the Government of India with a vision to transform India into a digitally empowered society and knowledge economy. “Faceless, Paperless, Cashless” is one of the professed roles of Digital India.
Lets discuss!!
Lets discuss!!
It could be possible since India is adaptive to new technology. I think they want to try something new to their monetary system but it would not be easy due to something once ways of payments in the country. Right now, it's better to let their government do their work on how to make it a reality.
So many countries both developed, developing and the underdeveloped are already considering going cashless, it might look like this might never become a reality but who knows?
Already people in all over the world will use the cashless method for transaction and payments it can be an important development to avoid money in the future India virtual currency and using the morning we'll be more safer than using in normal way I think it will be happen in very quick time.
Cashless India, the Digital India programme is a flagship programme of the Government of India with a vision to transform India into a digitally empowered society and knowledge economy. “Faceless, Paperless, Cashless” is one of the professed roles of Digital India.
Lets discuss!!
I do not agree with you completely on this. It won’t be so easy to going cashless because there will always be challenges with this method.Lets discuss!!
What happens to poor network, what will now happen to a case where there is an accident scene and there’s need for urgent need to make payment and then network is down and how about the fear of hackers. I am personally not in support of cashless economy, maybe not now
Maybe people would start adapting it if it's mandatory. Oh sure there would be a lot of outrage that would state "Don't fall into the scam, there are no such thing" or haters that just bash the idea of it like "You are Stupid when you start transacting digital money" or something stupid like that lol. I don't think everyone is up for it, but if it benefits society in the long run, then you would undoubtedly convert the people soon enough. It won't be long until everyone is forced.
As long as you know that it's going to improve society, so why not right? Economics is crazy.
Something I searched for here. It's somewhat similar and could help you understand more of it.
The Pros and Cons of Moving to a Cashless Society
As long as you know that it's going to improve society, so why not right? Economics is crazy.
Something I searched for here. It's somewhat similar and could help you understand more of it.
The Pros and Cons of Moving to a Cashless Society
Cashless India, the Digital India programme is a flagship programme of the Government of India with a vision to transform India into a digitally empowered society and knowledge economy. “Faceless, Paperless, Cashless” is one of the professed roles of Digital India.
Lets discuss!!
I do not agree with you completely on this. It won’t be so easy to going cashless because there will always be challenges with this method.Lets discuss!!
What happens to poor network, what will now happen to a case where there is an accident scene and there’s need for urgent need to make payment and then network is down and how about the fear of hackers. I am personally not in support of cashless economy, maybe not now
I don't think so. Not everyone are capable to adopt cashless economy since most of them know nothing how it works. Also, it's somehow not convenient for everyone due to the systems we have right now.
That's their problem.
It will reach a point where your cash will be refused wherever you go. The more cashless things become the more expensive it is per customer to deal with cash. Once it reaches a certain ratio they'll no longer bother.
Why would you want to take a trip to the bank and store and count all that cash for 5-10 customers per day? It's easier to tell them to go away.
https://www.theguardian.com/money/2019/mar/09/sweden-how-cash-became-more-trouble-than-its-worth
I don't think so. Not everyone are capable to adopt cashless economy since most of them know nothing how it works. Also, it's somehow not convenient for everyone due to the systems we have right now.
I think the country of India is quite poor and they are not suitable to implement this project. This project is only suitable for rich and advanced countries like Singapore, Dubai, USA, China, ...
there they will have the best experience and many people will enjoy and spread the world faster. Do you think so?
there they will have the best experience and many people will enjoy and spread the world faster. Do you think so?
Well I would like to bring light to the fact that we cannot say for sure.
Cashless society is a term for People who actually have access to some basic needs and necessities, when you go out tin the world you will see that some people are still striving for basic food and water , they don't even have access to computer and internet so we cannot say that the world is ready .
We can for sure say that some of us are ready and trust me it's only 30% or even less than that.
Out of the fortunate people we need to minus the ones that are above 50 who have no idea how a smart phone works ( most) and the young ones who are still learning.
Thus till the time the internet and education is not free , we cannot actually say that everyone is ready for this transformation so soon.
Cashless society is a term for People who actually have access to some basic needs and necessities, when you go out tin the world you will see that some people are still striving for basic food and water , they don't even have access to computer and internet so we cannot say that the world is ready .
We can for sure say that some of us are ready and trust me it's only 30% or even less than that.
Out of the fortunate people we need to minus the ones that are above 50 who have no idea how a smart phone works ( most) and the young ones who are still learning.
Thus till the time the internet and education is not free , we cannot actually say that everyone is ready for this transformation so soon.
For now the community as a whole is not ready to use digital money,
why not ? we are already in the future and this is already considered as a digital age due outbreak of new technologies . with that said i think people are already to upgrade into a cashless society where we will only use cryptos as a replacement for fiats because cryptos are fast and easy especially when use online . the best thing about crypto is that it is anonymous and not tied up to banks or governments wihch means we have a freedom .
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