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Topic: Digital Money = Cashless Society - page 33. (Read 4289 times)

sr. member
Activity: 819
Merit: 251
May 24, 2018, 12:54:51 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.
newbie
Activity: 56
Merit: 0
May 24, 2018, 12:07:26 PM
even many people do payroll activities with electronic money. After dinner at the restaurant, slide your debit card or credit card. Buy mobile credit, pay directly through the mobile banking application. In fact, paying ojek online fees can be done non-cash, with in-app balance.
newbie
Activity: 112
Merit: 0
May 24, 2018, 11:03:20 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 ??
If one country have to used digital money I think crime will be lessen. Because some of incidents now are physical money involve. So on my own I choose digital money.
You may think that people using Bitcoin in their day-to-day activities will avoid keeping cash in the home, and limit cash-related risks such as theft, armed robbery. Always aim at people's cash storage? This is a very positive thought, and I agree with your opinion. Using Bitcoin in trading activities is very safe and convenient.
newbie
Activity: 112
Merit: 0
May 24, 2018, 10:58:00 AM
Not necessarily digital money = no use of cash. It is true that the use of digital money will limit the use of cash in the future. Cash always preserves its own values. The development of digital money as well as the use of digital money more than cash is an indispensable trend of the future, but the alternative electronic money completely is a very distant thing. .
full member
Activity: 406
Merit: 100
May 24, 2018, 09:21:23 AM
Honestly, close fixed societies area the maximal plenty of their finacial steps as cashless. Both beside curve album of chicamin transferred ofc however extra late what is more in title of numbers of transactions.
full member
Activity: 238
Merit: 101
May 24, 2018, 09:18:23 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 ??
If one country have to used digital money I think crime will be lessen. Because some of incidents now are physical money involve. So on my own I choose digital money.
full member
Activity: 406
Merit: 117
May 24, 2018, 07:43:40 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 ??
In our country. Sometimes blackout or out of current. Poor internet connection and the few people are known the digital currency, and few stores accept the bitcoin as a form of payment. Too far on China. Base on my observation people mostly uses the credit and debit card mainly in the mall. Cashless but with use of the said cards. Speaking of digital currency,, only a few stores accept the bitcoin as a form of payment. Our place is not having modern technology. I wish our government takes time to update the internet connection.
jr. member
Activity: 280
Merit: 1
May 24, 2018, 07:30:58 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 ??

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.
member
Activity: 266
Merit: 32
May 24, 2018, 06:45:39 AM
Now there are 4,700,000,000 internet users. Cashless society looks possible in 5 to 10 years.
jr. member
Activity: 73
Merit: 2
May 24, 2018, 06:25:54 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 ??
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 life
It is good because there will be no need for any exchange of money while buying something outside your country. Payment is easy anywhere in the world from bitcoin wallet. One big problem is internet which causes hesitation of people to invest in bitcoin. Till date many people do not believe in bitcoin because they have no control on their wallets.
sr. member
Activity: 672
Merit: 250
May 24, 2018, 04:16:21 AM
The development of cash society has reached its peak. With the surge of electronic money and digital money, cash flow has come to an end, including the circulation of paper money and metal COINS. Every people especially in northern Europe and China electronic currency, digital currency, Internet finance, science and technology in the developed countries, such as financial region of the people will obviously feel less cash in the pocket, function more and more small, use frequency more and more low.
In my opinion digital money is far better than cash money because the use of digital money is easy than cash money. Ifyou want to buy something anywhere in the world you can pay them from your blockchain wallet easily. Just one click and your money will transfer to their account.Other advantage is this you can make more money from your holding.
full member
Activity: 350
Merit: 100
May 24, 2018, 12:27:21 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 ??
The new generation of currency is cryptocurrency.I know that someday will our currency is been. Replace by cryptocurrencies.those the day we can say that cashless society has begin.this era is very important cause this er is the fundamentals of our futures. Go on an explore
member
Activity: 266
Merit: 32
May 23, 2018, 11:49:24 PM
You just told everybody here about the best advantage of digital money or cashless society, that is "no headache of change"

5 stars for this thread.
full member
Activity: 294
Merit: 100
May 23, 2018, 03:58:46 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 like bitcoin here in our country is continually improving. The number of people using it is also increasing which makes it more attractive to use as its price goes higher. I think sooner or later, everyone in the world will be using digital money as the revolution on the way we hold money changes and make a transition for the world's improving technology.
full member
Activity: 377
Merit: 100
MenaPay - Crypto made easier than cash
May 23, 2018, 03:56:35 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 ??
We will all come to that point soon for sure wherein everyone will be using digital money instead of fiat since it is more convenient. A lot of apps and companies here are already producing ways to use digital money like GCash, Coins.ph, Paymaya and many more. I think it would first be a great competition before someone rules over everyone on who will be the one in charge of influencing people to use digital money.
hero member
Activity: 2912
Merit: 642
May 23, 2018, 03:53:35 PM
Same. Debit and Credit cards. But I could still see a lot of people using fiat with large amounts. Buying electronic gadgets and also appliances which could be the highest price in a department store.
Sales clerks are like shocked when people are paying a lot of cash but it is worth it for me. They give discounts to those who pays directly with paper money. A lot of discounts. So while waiting for bitcoin to be really established I will still go for cash rather than credit and debits. I dont really like banks.
newbie
Activity: 57
Merit: 0
May 23, 2018, 03:35:35 PM
A society cannot be called completely cashless society even if it is mostly using digital money. We cannot still deny the fact that we need the paper money to regulate the economy of our country and to identify us that the currency we are using is belongs to that society. It is very normal nowadays all over the world to use cashless mode of transactions but it wouldn't determine the society to be as cashless.
newbie
Activity: 72
Merit: 0
May 23, 2018, 07:10:00 AM
It is the aim of most country and most business entities nowadays. To convert their transactions to online transactions with less human interventions. Most purchases now are being done online and payments of bills are also being done online, which is beig offered by banks. For clients to have unlimited access with their money.
full member
Activity: 214
Merit: 100
May 23, 2018, 07:06:55 AM
I am having this experience almost everyday paying in a stores with my phone or credit card. It will be not far from it is today.
full member
Activity: 434
Merit: 117
May 23, 2018, 06:59:12 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 community are now adapting virtual currency because they are know that it is more convenient than manual transaction. Many poeple are now becoming interested to virtual currency because of its function and importance in our economy.
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