Topic: Digital Money = Cashless Society - page 30. (Read 4289 times)
Cashless society isn't better i think. I can't see anything good in digital money to change everything. Cryptocurrencies are good but not when government have control under it.
Digital money is doing good here in my country as more and more people are now starting to recognize it's importance as a currency and as an investment.The best part of digital money is crypto currencies and this crypto is going to change the world economy in to a cashless society soon.I assume cashless society is vulnerable in many ways. You do not have something to alternate if you ever go outside of the web range.
I don't think that it is possible to put the sign of equal relations between the digital money and the cashless society. We will become richer twice if accept crypto currency and we won't need cash at all but this will happen not soon
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 ??
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 ??
Cashless society is really good because there are a lot of people today who are working on the corporate world and they prefer to work on bounty campaigns ore trading in the market because it was more profitable, they also like to use digital currency since it has faster transactions more than using fiat.
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 ??
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.
That is true since we know that digital money/currency is in binary form, so we don't need the tangible ones to pay our everyday needs. But since bitcoin and alternate cryptos have the same weakness during offline, it's really hindering its purpose to have a cashless society that will be working good.
Digital money is the future and the concept of Bitcoin is also the same and slowly and steadily digital money is acquiring or replacing paper currency in the world.
As I see, credit cards are getting more and more popular in Europe, but it will take a long time to exchange all the cash with some online paying. But I personaly would love to see cash dissapear.
with our digital money eased for some things, especially for the means of payment that is not complicated and effectively taken anywhere without having to with the wallet pocketed. This is a very effective thing and if I think it is a convenience in payment and using it is not difficult
That makes sense. Really this is the first comment in this thread that answered it so correctly and amazingly. Right, if you are providing wife or internet connection to the whole country and every single street and village and town are interconnected with one another through internet, only then they become able to use bitcoins and there wouldn’t be any sort of cash existence.The society can't be cashless with the presence of digital currencies. Society will adopt this technology in the next years, but expecting a high level adoption from digital currencies is not fair now.
Cash will dominate the market once again. But after 2020, digital currencies will be the main power.
i think if cash disappears all over, it will be a very big problem... I'm afraid it is going to fast.. so it's a big concern you have that feeling that society is not for you or for me.., but i do believe that cashless society will come all over the world..,
with our digital money eased for some things, especially for the means of payment that is not complicated and effectively taken anywhere without having to with the wallet pocketed. This is a very effective thing and if I think it is a convenience in payment and using it is not difficult
That makes sense. Really this is the first comment in this thread that answered it so correctly and amazingly. Right, if you are providing wife or internet connection to the whole country and every single street and village and town are interconnected with one another through internet, only then they become able to use bitcoins and there wouldn’t be any sort of cash existence.I think it would hapen but not at this point because we're not ready yet. Many places for now no signal, and other no electricity, not totally developed. But it will come digital money, it look like exciting.
The cashless society is happening regardless of bitcoin. but the younger generation are almost cash free. As more online and traditional retailers accept bitcoin then bitcoin will become main part of cashless society.in the very distant future we will come to a completely cashless society. However, with our life with you this is unlikely to happen
with our digital money eased for some things, especially for the means of payment that is not complicated and effectively taken anywhere without having to with the wallet pocketed. This is a very effective thing and if I think it is a convenience in payment and using it is not difficult
That makes sense. Really this is the first comment in this thread that answered it so correctly and amazingly. Right, if you are providing wife or internet connection to the whole country and every single street and village and town are interconnected with one another through internet, only then they become able to use bitcoins and there wouldn’t be any sort of cash existence.
It woukd be very convenient by then if all are on cashless basis, but for now we have to consider those people who are computer illiterate. We cannot just remove fiat when it is still the mode of payment for many. Maybe in the near future.
Oh nice, but who said that China is now a cashless society? If you’re going to say that, you should at least give us proof, so it’s a lie, nobody said it. And no country can do such thing, you can’t be making use of digital money instead of the fiat money we are making use of. Not everyone can make use of that, not everyone is in support and the same. Thing as me, I’m not in support of it. Cryptocurrencies /digital money has their own purposes of which they were made, and I’m very damn sure that it has nothing with replacing our main currencies, and if you read the description of Bitcoin made by Satoshi you see that he called it a system used for peer-to-peer transaction, which means it is meant for transaction purposes or anyhow you can describe it that way.
Digital currency will eventually lead our society to a cashless one because people don't believe in holding money anymore before getting what they need. I think Digital currency is much more accept by the people than cash because it is mobile.
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 ??
In my own opinion that what would exactly what happen on the future. I know that I researched that. Bitcoin will era has strart and somedy our society will be cashless cause we all.use cryptocurrencies. Token and other coins. Someday we will make differences for the rest of our lifeMoney 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 ??
Just like all other thinking about bitcoins. It could be a virtual money or like a digital money they say. If bitcoin would be legalized, bitcoin can be the money of any society in the world. We use digital money instead of cash.
World is still not ready for digital money at my opinion. A lot of old people and people without PC still require banks and other stuff that can help them to handle problems.
In my state, its almost same as China but there are still many offline stores that collects cash from their customers. Here, there are many people who stops or opt-out from using the credit cards because according to them, it makes them spend more. You don't blame them though, everyone have their preference. I don't think the world may adapt or become a cashless society.
Yes I agree with this statement. Fiat money have been part of everyone's lives for so many years. I do not think it would be possible to fully label our society as "Cashless Society".
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