Digital Money = Cashless Society - page 28.

alfs75

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platform for everyday business

Quote from: First77 on March 25, 2018, 12:27:41 PM

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.

Bitcoin is a part of digital money. How is digital money is your country ??

actualy this is a good sign that cryptocurrency continue to moving forward,by making the world of cashless society and maybe this happen in china is the first time to introduce all over the words that being a digital technological society or means of cardless could be possible to implemented for the help of economic growth,and maybe soon this will be implemented all over the world especially if bitcoin become regulated.

fight-T

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This sounds professional. But now my country still enjoys using cash, some bitcoin currency concepts are a bit strange to the people. So I hope in the near future bitcoin will be widely available, so that everyone can grasp and invest to make a profit.

mia khalifa

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in my country digital currency is entering a period of introduction which means there are still many who do not know digital currency and still many who do not use digital currency, they are still accustomed to using paper currency.

MoreMoneyHunt

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IQCash

That is the future of money - cashless. This is a revolutionary movement that is inevitable and Blockchain will lead this. Blockchain offers much benefits in terms of speed, low fees, and security. In my country, the government is neutral about cryptocurrency and the people are gradually tapping the concept.

Poortorich2018

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In my country in the Philippines also has Credit Card/ Atm and Etc. for using of payment, we use also 7/11 station, bayad center thru computer, but we still use Money cash in over the contry for daily living. but I believe in the future the Philippines will also use the digital things/Criptu for all the transuction that will be going to do. its a big helpful for all the country mostly on my country in the Philippines for eassy to work to do and faster to do.wherever you are and whatever you do. the greater things will come in our generation.

First77

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Quote from: Gladz29 on June 01, 2018, 04:13:23 AM

Digital money is easy but theie are a lot of people who have no idea about computer, because they prefer to used only physical money.

Looks like after 20 to 30 years, countries will be cashless societies

darefreads

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I agree with that way it is so easy to use and you can check your history of your payment here also in my country there are people who are now using it because many credit cards company are allowing more people to use a cashless payment than using our own local currency or fiat. and I think it is more useful to locate your payment history than giving you a receipt.

BitcoinCommodor

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Quote from: ?? on ??

Quote from: First77 on March 25, 2018, 12:27:41 PM

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.

Bitcoin is a part of digital money. How is digital money is your country ??

Equally stated, digital money = cashless society. As we are now in the present, digital world invades us, drastically. No cash? no worries. We pay bills, have our remittance, earn money in a digital way. This is how digits turn the world upside down.

We do not need to place large amounts in our pockets and can not place and can not take our banks accounts with our selves as they are not available every where. We can use the fast and modern technology anywhere and anytime with frictionless system, here just click and there they receive. I am waiting for the time when Bitcoin payment is available everywhere so that I feel free to use it as payment method.

Gladz29

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Quote from: First77 on March 25, 2018, 12:27:41 PM

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.

Bitcoin is a part of digital money. How is digital money is your country ??

Digital money is easy but theie are a lot of people who have no idea about computer, because they prefer to used only physical money.

Mikejones64

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Digital money in my country is not yet that popular but there are some stores that accept bitcoin.. Almost all commercialized business accept cards auch as paypal, paymaya, debit card, credit card, master card, cash card and visa.
It is not impossible to think that one day, our country will be a place for digital money. But I dont think that it will be cashless society. There are many poor people who don't know technology that much. They don't have even phones. That's how poor my country is.

patarfweefwee

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Well, in our country you can't or there is one or two stores who accepts crypto currencies as payment for goods nd services. What people do instead is exchange it to fiat and transact thereafter. People in our country, including me mostly use crypto currencies as investments not as a means to an end.

InvestICO2L

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Personally, I think that these days, online shopping is one kind of merchandising that attract so many people and especially in various parts of the world. Also in my country, from the very beginning of this service, most of people are prone to online shopping instead of going to store to buy and pay because as you know that it is quite convenience and also time saving. Digital currency is world-famous, but it’s till not accepted worldwidely and still have some limitation for paying. Although not only me but also a lot of people want digital currency to be accepted largely, now digital currency always falls on hard times in order to recognize a currency that helps for paying.

@maetthan17

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Cashless society ?I think it will have more hard process to have a cashless society not all people wants that improvement and also they want to steady in this kind of world .

Rono

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Digital Money will be a great help if there is some QR code Activation. Digital money will be used by Us. SO I Think paper money cannot destroy it will be fifty-fifty chances. A cashless society will not be so easy because in the society there are many people who are financially Unstable and uneducated people who are even not knowing that Cryptocurrency and have no Idea About The world. If there are some other facilities for these people than it will be possible to ensure walk like new Cashless society.

jambul_kribo

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Quote from: Ekimzjames20 on May 30, 2018, 11:24:45 PM

Quote from: mornabo on May 30, 2018, 10:07:57 PM

Quote from: yuukireit on May 30, 2018, 02:58:43 PM

that was good living in the cashless society world, can doing many transaction just in one click and can be transfered in any place anytime and fast thing, that was a huge improvment for the economic after all

Actually life will be simpler when cashless society happens because you can do a lot of transactions easily with just a click, but you
know that it happens will take a very long time, because the human source has not been fulfilled for this system can be implemented

Cashless society it's look like exciting for us, we dont need anything in every transaction. But as of now i think we have to developed first our system all over to achieve that. It could happen but it take a long long time.

that can be like in film if happened.people dont bring their money , and in my opinion their security can be better.no crime happen such robbery.community even national security can improve.

Ekimzjames20

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Quote from: mornabo on May 30, 2018, 10:07:57 PM

Quote from: yuukireit on May 30, 2018, 02:58:43 PM

that was good living in the cashless society world, can doing many transaction just in one click and can be transfered in any place anytime and fast thing, that was a huge improvment for the economic after all

Actually life will be simpler when cashless society happens because you can do a lot of transactions easily with just a click, but you
know that it happens will take a very long time, because the human source has not been fulfilled for this system can be implemented

Cashless society it's look like exciting for us, we dont need anything in every transaction. But as of now i think we have to developed first our system all over to achieve that. It could happen but it take a long long time.

mornabo

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Quote from: yuukireit on May 30, 2018, 02:58:43 PM

that was good living in the cashless society world, can doing many transaction just in one click and can be transfered in any place anytime and fast thing, that was a huge improvment for the economic after all

Actually life will be simpler when cashless society happens because you can do a lot of transactions easily with just a click, but you
know that it happens will take a very long time, because the human source has not been fulfilled for this system can be implemented

BulbaLord

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I think if that happen if the society is now cashless it can make our life so easy making payments and easy transactions , like sending crypto values to other places and i think we can shopping in differences store. Digital money made our life so easy.

HaydenLogins

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although the existence of digital money today is a necessity for transactions or other activities but that will not completely eliminate fiat money in general. because I think there are many things to do in cash means that not everyone understands a transaction activity that is only done with digital money, especially in countries that do not have high economic expectations. I think people in poor countries may not accept the existence of digital money as a means of payment because of the lack of knowledge about digital money. I think to eliminate the culture by using cash this of course requires a process that is not easy.

Bsaex

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I agree with you , in my country the situation is vice versa people dont use cards , they use always cash😁

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