Topic: Digital Money = Cashless Society - page 14. (Read 4289 times)
In the my country it will difficult to adopt because there so many poor that have no particular jobs and many crimes and drugs influences.
In my country people don`t have knowledge about online payments in the first case and not to mention cryptocurrencies. So having a cashless society would be very hard in my country. But i hope it will happen regardless the challenges.
China will pilot E-ticket in some of its high-speed lines later this year, a trial likely to allow passengers to directly check in by swiping their mobile phones or ID cards, without needing a paper ticket by next year, China Railway Corp. announced recently at a forum in Beijing
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A general public can't be called totally cashless society regardless of whether it is for the most part utilizing computerized cash. We can't at present deny the way that we require the paper cash to direct the economy of our nation and to distinguish us that the money we are utilizing is has a place with that society. It is extremely typical these days everywhere throughout the world to utilize cashless method of exchanges yet it wouldn't decide the general public to be as cashless.
Indeed, in the digital eye it is as if people do not have money but when he has a lot of money in store in surau wallets in the form of assets, because the digital eye is not in print so many people who think those who have a digital currency has no money
and i think cashless society is not bad thing , i mean that keep us from theft on the street etc , and also because cashless then it has no physical form and it will not be destoryed
For a long time already there was a conversations about the dismissing of cash money, and most of the economists in the world 100 years ago were agreeing about the worth less of cash money system.
If we are going to use only digital money... and dont need paper one... (so there are no costs for printing....) Can we believe that system is going to be fully decentralized?
Yeah it was Jack Ma who made it possible for china to become a cashless society in china. And now they are planning for an expansion all over the PHilippines which is being welcome by our very own President Rodrigo Roa Duterte. Actually the digital currency is already implemented by the banks through their credit card that could be used to swipe when going to have a shopping on supermarkets.
For a long time already there was a conversations about the dismissing of cash money, and most of the economists in the world 100 years ago were agreeing about the worth less of cash money system.
Note: See on the right side of each post (top right corner) there is "+Merits"
It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.
Money earned from the internet is known as digital/electronic money. People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.
Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.
Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries" where money becomes digital/numbers.
Bitcoin is a part of digital money. How is digital money is your country ??
The government in my country has banned the digital currency because of fears it could adversely affect the country's economy but due to the influence of blockchain technology , he has started to expand digital money policy . Although my country's citizens are not allowed to use bitcoins like the Chinese and developing countries, but in the future i predict we will be using it legally. It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.
Money earned from the internet is known as digital/electronic money. People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.
Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.
Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries" where money becomes digital/numbers.
Bitcoin is a part of digital money. How is digital money is your country ??
Advanced cash is an awesome advance towards a cashless society.Mostly every nation these days is meaning to be cashless and for this administrations are giving diverse ways.Debit cards and Master cards are currently common.Many distinctive applications are these days utilized for paying bills on the web. These days relatively every bill can be paid online whether it is a telephone charge, power charge etc.This is simply to decrease the utilization of money. Bitcoin is one of the best computerized money of present time yet at the same time it isn't lawful in numerous countries.If in future it is proclaimed as legitimate cash then it can likewise be great approach towards a cashless society.
This is true, especially nowadays that cashless transaction are highly encourage and internet is almost everywhere. It is convenient compare to bringing cash and hopefully digital money will be accepted in more transactions.
I have heard something that even in the Bible it says that in the last days there will be no more cash money, so I'm thinking that the future is quite predictable, from this perspective. We are heading towards cashless society.
If the government will recognize that cryptocurrency especially bitcoin will be legit and the business sectors accept cryptocurrency in highly urbanized places around the world and you are now using the cryptos and bitcoin for payments and other transactions,then we can say that we are now using the digital money and we are now in the cashless society.
I think that bitcoin is overvalued. It is historical issue... sometimes competitors better than "creator of idea" And next generation of tokens can replace the cash and will will step over semi-cashless period and get into digital world.
If the government will recognize that cryptocurrency especially bitcoin will be legit and the business sectors accept cryptocurrency in highly urbanized places around the world and you are now using the cryptos and bitcoin for payments and other transactions,then we can say that we are now using the digital money and we are now in the cashless society.
Digital money has become an integral part of many modern people. Credit cards and ordinary documents have already migrated to the digital world. The transition to fully electronic money is only a matter of time.
For me, it can happen, but the percentage on digital money equal to a cashless society is very meager. We all know that there is only a few establishments that are accepting bitcoin comparing to that establishment and companies that are accepting bitcoin as payment. Also, the acceptance of bitcoin is still meager even it is accessible and expensive. Maybe in the future, digital money is equal to cashless society if bitcoin and another cryptocurrency become legal and the acceptance grow.
We use digital money for transactions as payment method in different places where it is accepting as currency. Furthermore it helps us in fastest transactions within seconds and can easily handle from our wallet anytime and does not have to wait for banks. This brought decrease in the business of banks and paper notes because it is now the well of people to be a part of Bitcoin.It is our mindset to attract towards comfortable and abundant sources or resources which are in our good. Therefore we do not need cash more but like to have digital technology more.
When you look at the term of a cashless society you immediately have a pessimistic view of the future, I think the right words to coin this term would be a totally digitized society where information cannot be corrupted by physical means which is our primary constraint. This is better since records cannot be lost and fettered with.
My country men are very wise in handling money and investments, so i have seen plenty of our population are involve in crypto currencies, they are infact several who are stake holders of different coins so you can buy coins as much as you can and as many different coins as you can. And that makes later on a cashless country.
Note: See on the right side of each post (top right corner) there is "+Merits"
It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.
Money earned from the internet is known as digital/electronic money. People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.
Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.
Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries" where money becomes digital/numbers.
Bitcoin is a part of digital money. How is digital money is your country ??
Digital money is so in demand for those of cryptocurrency. Cause I support cryptocurrency not capitalism and it you will. Cause I support cryptocurrency not. The real problem here are some of cryptocurrency is a kind, and technology o hindi na haha!! I am not sure that many of cryptocurrency and it is to invest It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.
Money earned from the internet is known as digital/electronic money. People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.
Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.
Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries" where money becomes digital/numbers.
Bitcoin is a part of digital money. How is digital money is your country ??
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