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Topic: Digital Money = Cashless Society - page 34. (Read 4289 times)

member
Activity: 266
Merit: 32
May 23, 2018, 06:56:15 AM
Now Bitcoin transaction fee is $50 ??
full member
Activity: 350
Merit: 109
May 23, 2018, 01:57:05 AM
The China nation has an advantage on modern technology among the other's nation. It simple to us If we have same as cashless like China. Digital payment or cashless method a decent activity that ought to be supported everywhere throughout the world. In our nation have designate of overseas Filipino worker. If that happens, we don't have an issue to send the cash to our family far to us. We needn't remittance anymore.
member
Activity: 434
Merit: 10
Unleash the Power of the World's Crypto Data
May 23, 2018, 01:19:56 AM
I agree of using a Digital Money it is more convinient to use than cash right now because you can track your history of payment using Digital Money. In my country some of the costumer that are using a Digital Money say's that it is more handy than cash that's why some shops, stores, loading station and credit cards company want to allow more people to use their online app to pay online and for those people that are not active online other company make an event on how to use Digital Money they have an Orientation in some area to promote and educate some people how to use it online.
member
Activity: 266
Merit: 32
May 23, 2018, 12:54:38 AM
Cashless society is possible only when everybody in the country has a bank account.

When everybody has a bank account, there will be no tax evasion and no money laundering.
member
Activity: 308
Merit: 10
May 22, 2018, 02:32:18 PM
It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.

Bitcoin is a part of digital money. How is digital money is your country ??
Yes, but there are online services in my country, which means that things can be purchased online from a credit card.

My Country banned Bitcoin. They do not need digital money. But I need. That's why I worked with bitcoin.

newbie
Activity: 15
Merit: 0
May 22, 2018, 01:51:32 PM
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.

Cashless society is possible only when everybody in the country has a bank account.
Yes for sure because digital money like bitcoin is more convenient than all over ways of payment, as it is fast and easy way of payment for everything we need in our daily life,. Here in my state people use to pay for things using bitcoin on daily basis, paying bills with bitcoin and sending money to local remittance any hassle, so digital money is doing well in my country as more and more people are now recognizing it.
jr. member
Activity: 173
Merit: 1
May 22, 2018, 12:30:02 PM
digital money here in our country is also common by using debit or credit card or sometimes through internet or online bank, ofcourse this way of buying or spending money is very convient nowadays, but still not all community is familiar with it, so they still prefer using the paper money. Samething with Bitcoin, other people don't recognise it and other people is not familiar using it.
newbie
Activity: 7
Merit: 0
May 22, 2018, 12:04:52 PM
Cashless and digital transactions are now commonly practiced worldwide. Countries like Sweden, India, and Belgium have taken steps away from the paper currency. Sweden is aiming to be the first country to go 100% cashless. India demonetized in 2016 and 93% of Belgium’s population pay through cards and phone applications. They even created a law to limit cash transactions to 3,000 euro.
newbie
Activity: 6
Merit: 0
May 22, 2018, 12:21:11 PM
Jack Ma, a former teacher in China, decided to establish Alibaba, the first online wholesale marketplace which was originally based in Malaysia. Starting a business to business online shop was a huge risk especially with digital transactions just starting. But they slowly gained footing and earned investors. One year after it was launched, Alibaba already had $20 million worth of investments. And in 2001, Alibaba reached 1 million users.
member
Activity: 308
Merit: 10
May 22, 2018, 12:08:08 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 ??
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
full member
Activity: 462
Merit: 100
ANONYMOUS MOBILE PAYMENTS
May 22, 2018, 04:56:01 AM
Well, it would be nice to have a cashless society. Although, it's kinda hard to soend money if you actually dee the money leaving your hands. For example, i would buy a 100 USD pair of pants. If i charge it to my credit card, i won't even think about it. But if i take out a hundred dollar bill from my wallet, i would think twice in spending it.
member
Activity: 266
Merit: 10
ImmVRse | Disrupting the VR industry
May 22, 2018, 04:32:41 AM
Some countries already have a kind of cashless society because they have many opportunities to pay with phone, cards etc. many advantages.
sr. member
Activity: 631
Merit: 253
May 22, 2018, 04:25:26 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 ??
Almost the same as you say, in my country according to the survey people prefer shopping online rather than shopping traditionally where we have to go to the store, although there are some who go to the store to shop, but they make payments through the debit, in my opinion also digital money is more preferred because it is more efficient and effective.
The world is already innovating and one of the most well observed in our economy is our lifestyle and how we make our lives easier with the most efficient and effective way. I agree that most people wants to shop online rather than going physically to stores around them, for them it saves a lot of hassle and energy if they will just browse and then few clicks they are already done. Digitalization is one also of the most expected changes after we engage the computer age.
member
Activity: 266
Merit: 32
May 22, 2018, 04:18:57 AM
Past 8 months, I am paying all my bills online (via internet)
jr. member
Activity: 82
Merit: 1
May 22, 2018, 03:58:20 AM
Most of the time, people sit back to think of what means of transaction they should comply in terms of safety and security. Many people become very busy with work activities and find a little time in paying for bills and other things. Just last year, a friend of mine paid his bills of $30 using this digital transaction. After payment, he continued with the other task he was to accomplish hence helping to save time and energy. To me, digital transaction has been good. Do you enjoy using it? 
It means that when they use digital currency they will need no time to pay their bills. They will be able to pay it from their wallet. This is also an ease for many people who want to buy something from other countries. There will no need for exchanging their local money into the required one. Things are going easy due to the use of digital currency.
full member
Activity: 645
Merit: 145
May 22, 2018, 01:17:49 AM
I don't carry cash with me, I use only debit card for paying everywhere. It's much better to paying in store with card because in my country all store have price like $1.95 and if you pay with cash they never give you back that 5 cents, but when you paid with card they must type correct amount that you wanna pay.
jr. member
Activity: 53
Merit: 1
May 22, 2018, 01:13:18 AM
Cashless society is a safe and smart society. Sooner or later everything will be cashless. Cryptos will be more useful than credit/debit cards. Believe me.

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hero member
Activity: 1666
Merit: 502
May 22, 2018, 01:10:20 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 ??
Almost the same as you say, in my country according to the survey people prefer shopping online rather than shopping traditionally where we have to go to the store, although there are some who go to the store to shop, but they make payments through the debit, in my opinion also digital money is more preferred because it is more efficient and effective.
full member
Activity: 504
Merit: 100
May 22, 2018, 01:03:36 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, digital money is not widely accepted by society yet. This is for the reason that our country has not progressed fully yet in terms of technology advancement. Although, I could foresee my country to adapt these changes later on in the future. So, I just have to wait. I guess.
newbie
Activity: 49
Merit: 0
May 22, 2018, 12:16:14 AM
I think it is inevitable and happening faster than we can comprehend, this next generation will not use cash. Mobile phones and crypto are all we need to make this happen, outside of the social commitment.
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