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Topic: Digital Money = Cashless Society - page 32. (Read 4289 times)

newbie
Activity: 5
Merit: 0
May 26, 2018, 07:25:24 AM
Long time till we're going to become a cashless society. Lots of people from under developed countries still depend on cash and many are not even familiar of credit cards or electronic payments. We definitely are going there, but at least 50 years from now.
newbie
Activity: 238
Merit: 0
May 26, 2018, 06:38:01 AM
With the proliferation of electronic and digital currencies, cash flows have ended, including the circulation of paper money and gold COINS.

Bitcoin is pushing us further into a cashless society until people stop using cash and everything is done and paid electronically.
full member
Activity: 616
Merit: 100
FRX: Ferocious Alpha
May 26, 2018, 06:30:44 AM
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 now the thing in today's generation and everything now seems instant or easy, convenient, and is less fuss other than using fiat or card but now all country are using it, here in our country is not yet using it, but we are aware of it and our government hasn't accepted it yet and so for now we still using fiat as a medium of purchasing an in any transaction.
newbie
Activity: 140
Merit: 0
May 26, 2018, 05:52:53 AM
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
sr. member
Activity: 798
Merit: 281
May 26, 2018, 05:49:56 AM
It would certainly help to reduce counterfeit fraud but cash is always needed for local markets and unconnected places in the country. If there is a massive nationwide wifi service that can connect everyone then it is possible to go cashless, but it would require a lot of user training and many will resist
newbie
Activity: 25
Merit: 0
May 26, 2018, 05:34:33 AM
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 ??

People in my country are slowly adopting the online transaction because of its convenience. But paying through cash still exist because not all people have credit cards and not all establishments adopts with online payment. So physical money is still in demand. On the other hand, I haven't heard establishments who are already receiving Bitcoin. Probably this will happened sooner.
member
Activity: 266
Merit: 32
May 26, 2018, 04:31:22 AM

Cash is also very unhygienic, because that paper money might have travelled through a strippers panties or up a cocaine addicts nose.  Roll Eyes  
hero member
Activity: 2128
Merit: 520
May 25, 2018, 01:04:33 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 ??
I am sure that people will use virtual currency in the future. The blockchain technology is becoming more popular and more powerful than before. I am sure that many more companies will accept bitcoin as payment.
I just went to a mall around my place and it seems that digital money was already been introduce from one of the biggest shopping center here, just too excited to check it out but it was another form of digital money and not crypto yet, but the idea of accepting digital money will also open an opportunity
that someday not to soon bitcoin will also be allow and I will enjoy cashless transactions just by using my bitcoin.
jr. member
Activity: 87
Merit: 4
May 25, 2018, 12:51:47 PM
Going cashless where I am is not for now. It is not because the people don't like it but because of lack of infrastructure to go cashless.

In addition, people in developing country are not friendly with payment in card. Like debet,credit,etc. Most stores are in cash payment. They also thought that having payment in cash are better cause the money is handable.
full member
Activity: 476
Merit: 100
May 25, 2018, 03:16:55 AM
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 ??
I am sure that people will use virtual currency in the future. The blockchain technology is becoming more popular and more powerful than before. I am sure that many more companies will accept bitcoin as payment.
hero member
Activity: 1722
Merit: 528
May 25, 2018, 03:12:44 AM
In various countries like USA and China and some other countries are using digital money for payments and receiving while the online transactions are familiar there and through this we can feel luxury because at home we can process many things.

That countries can support such technology since they have a good economy, they have a good technology that can support a lot of people to use Bitcoin unlike the countries which is a third world. My country is a third world and I feel way that my country is still not ready for such technology, not only the country but also most of the people in it.
full member
Activity: 434
Merit: 101
May 25, 2018, 03:05:56 AM
In various countries like USA and China and some other countries are using digital money for payments and receiving while the online transactions are familiar there and through this we can feel luxury because at home we can process many things.
jr. member
Activity: 420
Merit: 1
May 25, 2018, 02:56:18 AM
In the countries of low-life, where the cost of at least 100 $ per month, people survive due to the fact that sell vegetables, fruits, berries, meat, which they выpocтили. People do not guilty that the government of their countries do not guarantee them decent of labor and pay for their work. Non-cash calculation and digital money in these countries will destroy most of the population. The world not yet ready for the global innovation.
member
Activity: 420
Merit: 10
May 24, 2018, 07:29:11 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 ??

Well yes, it is indeed already practice in some countries which already have an advance technology. But for those 3rd rate countries which only developed half way from those advance country then it would be hard to make a cashless society.
No bitcoin is spreading all over the world now and those who were saying NO to bitcoin in past are now searching for bitcoin to accept it after watching highly increasing economical state of some countries who had been with bitcoin since beginning, s I think bitcoin is going to make high space for all kind of investment all over the world, no country is that back ward for not having bitcoin or internet access, so our universe is going to become cashless as a whole in near future for this fast payment technology named bitcoin.
Yes bitcoin is spread all over the world and everybody no about its use so that's why they want to invest their a lot of money for the best profit because everywhere bitcoin use is like money, so paper money will reduce their value.
full member
Activity: 197
Merit: 100
May 24, 2018, 07:23:09 PM
Someday we will know what will be the consequences of having a cashless society they are not experiencing today but for sure someday. The slow transaction, Difficult explanation to people who doesn't care about the modernization, All in all it is good to see that people are accepting digital money but having an cashless society i don't think so.

Cashless society doesn't mean poor society here, yet leaving cash would make rich capital owner people and states angry against cryptocurrency technology. This is a reality behind the backstage...
full member
Activity: 1008
Merit: 101
May 24, 2018, 07:14:49 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 ??

Well yes, it is indeed already practice in some countries which already have an advance technology. But for those 3rd rate countries which only developed half way from those advance country then it would be hard to make a cashless society.
No bitcoin is spreading all over the world now and those who were saying NO to bitcoin in past are now searching for bitcoin to accept it after watching highly increasing economical state of some countries who had been with bitcoin since beginning, s I think bitcoin is going to make high space for all kind of investment all over the world, no country is that back ward for not having bitcoin or internet access, so our universe is going to become cashless as a whole in near future for this fast payment technology named bitcoin.
sr. member
Activity: 714
Merit: 254
May 24, 2018, 03:56:22 PM
Some people like me would react that they are not agree but I think I agree because of it is easy to use but It is more easy to use the cashless money than our own local money because of some people who use it in different ways. But I'm sure that it is good than using it in diffrent way if earning profit to make money this year.
It is normal if they will react from it, some would be in favor and some will not and it is fine let the demand and the government see the potential of cryptocurrency in the future, let us just continue to support crypto so that many people will encourage in doing it.
newbie
Activity: 129
Merit: 0
May 24, 2018, 03:43:51 PM
actually, every country economy should be like digital mode like cryptocurrencies cryptocurrency are future for any country economy
member
Activity: 330
Merit: 10
http://www.daxico.com/
May 24, 2018, 01:21:10 PM
Some people like me would react that they are not agree but I think I agree because of it is easy to use but It is more easy to use the cashless money than our own local money because of some people who use it in different ways. But I'm sure that it is good than using it in diffrent way if earning profit to make money this year.
member
Activity: 315
Merit: 15
May 24, 2018, 01:19:55 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 ??
Time will come where nobody will be handling any cash anymore, they will all just be in their phone or any devices they are keeping their wallet and we won't be able to stop that. Bitcoin and other digital money is slowly digging into the world market right now and I think sooner or later, they will rule over the world and will replace all the fiats that are currently existing. Our country is slowly being eaten by that system.
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