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Topic: Digital Money = Cashless Society - page 36. (Read 4289 times)

member
Activity: 588
Merit: 11
May 20, 2018, 05:13:28 AM
There is an increasing use of digital money in my country like cashless transactions using the national currency and some cryptocurrency like bitcoin abd ethereum. But cashless transactions are only limited to banks and some merchants that accept cryptocurrencies. It will more years before cashless system will fully use in this country but cryptocurrency users are on the rise and bitcoin is their main virtual currency in use.
newbie
Activity: 149
Merit: 0
May 20, 2018, 05:09:51 AM
Cashless society already common right now in digital world. With internet connection and technology development, cashless society is not a dream anymore but in cashless society we should be carefull with our digital data because its very fragile
to anticipate fragility of digital data, there are several ways that can be implemented for cashless society. we can bookmark web link that we run, besides that we can add additional security such as 2fa, etc
Yes, I agree that in a cashless way of monetary transaction we should be careful not to divulge any information that can make our account prone to be hacked, internet world is the main engine of cashless society and yes we already started it like using credited card, debit card and other electronics transaction.
newbie
Activity: 1
Merit: 0
May 20, 2018, 05:03:31 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 ??

That really seems like a good scenario but will not happen worldwide especially in poor countries. In my country also, the government tried to encourage digital transactions by giving incentives to people. People also used the digital options like debit cards to get those incentives and later all this stopped automatically. We are back to cash now. Also, there is very much illiteracy here in villages. Rural people are not able to even withdraw money from the ATMs even and have to take help of other people for this.
full member
Activity: 1050
Merit: 100
May 20, 2018, 04:44:36 AM
Cashless society already common right now in digital world. With internet connection and technology development, cashless society is not a dream anymore but in cashless society we should be carefull with our digital data because its very fragile
to anticipate fragility of digital data, there are several ways that can be implemented for cashless society. we can bookmark web link that we run, besides that we can add additional security such as 2fa, etc
member
Activity: 756
Merit: 12
May 20, 2018, 04:30:26 AM
Cashless society already common right now in digital world. With internet connection and technology development, cashless society is not a dream anymore but in cashless society we should be carefull with our digital data because its very fragile
newbie
Activity: 55
Merit: 0
May 20, 2018, 02:24:26 AM
It is true there are some countries that are legal to use bitcoin all using bitcoin such as shopping, transportation, eating, roads etc. if in my country yet because there are still many who use cash because my country just avoid the name of money laundering.
full member
Activity: 336
Merit: 100
May 20, 2018, 02:04:48 AM
Cashless society is a good thing Smiley Nobody can hit you at night and steal your money, cos you basically dont have it, lol. Only crypto
member
Activity: 700
Merit: 10
May 20, 2018, 01:56:59 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 think digital money like using debit card is already commons in most country. Bitcoin is not like that digital money i think because not many merchant can accept it, Bitcoin is like an assets because the supply is limited.
member
Activity: 266
Merit: 32
May 19, 2018, 09:36:29 PM
How long did you spend for these online surveys? If it was an hour, then congrats to that alternative income. My observation is however that most Online Surverys are paying just pennies and require you to put in lot's of hours.

Did you read "$32,000,000 paid to members". There are $2 to $13 surveys for managers, medical persons and others

Work form home/computer with digital payments is a big business worldwide. Some 300,000,000 people take online surveys and get paid for it. That is digital money Smiley

member
Activity: 322
Merit: 10
May 19, 2018, 05:12:47 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 ??

Cashless society will be a really good concept because there will be less robbery since not every people will be holding physical cash and every transactions will be a lot more easier.
jr. member
Activity: 364
Merit: 4
May 19, 2018, 05:07:00 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 i have a friend that was in china recently and he brought back Chinese Yuan in paper and coins.
newbie
Activity: 70
Merit: 0
May 19, 2018, 05:04:59 AM
I think a lot of countries have a lot to learn from china, the cashless policy is a nice was of eradicating poverty, and a good form of payment.
full member
Activity: 378
Merit: 100
May 19, 2018, 04:57:14 AM
The idea of digital money is quite good if not one of the best ideas ever created, this could make living much easier, some first world countries are blessed to have this kind of technology and I think when the whole world is using this technology then our world is gonna be a better place to live in. Here in my country online payments using cryptocurrency is not yet totally accepted, my country is new when it comes to the cryptocommunity, but we are already at the phase where paying and buying online is pretty much done daily.
member
Activity: 237
Merit: 10
May 19, 2018, 04:54:20 AM
cashless society must have a power of internet that really fast.
with stable connection. as we all know any kinds of cards and cryptocurrency are based with internet connection.
with the absence of the internet nothing will work.
member
Activity: 98
Merit: 31
Stable coin to make charity free for everyone
May 19, 2018, 04:47:12 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 ??

How long did you spend for these online surveys? If it was an hour, then congrats to that alternative income. My observation is however that most Online Surverys are paying just pennies and require you to put in lot's of hours.
full member
Activity: 401
Merit: 100
May 19, 2018, 04:09:39 AM
I once wanted to pay with paper money in a barber shop, and they just couldn't provide me the change because almost no customer uses cash to pay, and thus they had not much in their cash desk.

You just told everybody here about the best advantage of digital money or cashless society, that is "no headache of change"

We can't say that every one will benefit on cashless society because there still a lot people or business who do not appreciate digital money. It is like how a homeless man have an access to digital world. He doesn't even have an access to the internet
newbie
Activity: 238
Merit: 0
May 19, 2018, 02:41:17 AM
The slow and steady digital currency is gaining or displacing the world's paper money.

The future cashless society will play a direct role in the financial system, thus making a significant contribution to the equality of social structure.
newbie
Activity: 42
Merit: 0
May 19, 2018, 02:21:22 AM
 I think digital money for example in the United States is more frequent but in my country and most people use cash. Of course there is digital money and some do use it but I would say in countries like mine cash is more frequent
newbie
Activity: 112
Merit: 0
May 18, 2018, 01:56:51 PM
Switzerland is clear toward society without cash. The payment system using electronic money gets a good response in the community. This is evident from the increase in the number of transactions and the nominal amount transacted through the electronic money payment system.
member
Activity: 196
Merit: 30
May 18, 2018, 12:56:15 PM
Yes, digital money is equal to cashless society especially now that most of the store, establishment, and people are using digital things, it will be more convenient for many people. But the only thing that I'm thinking now is how other countries will catch up into this kind of innovation even we are in the 21st century there is some state that can't catch up to this changing environment with this kind of technology. We know that bitcoin’s is now widespread, and the community of it is rapidly growing, but the acceptance of bitcoin is still meager, so the cashless society is possible to those nation that accepts it and has a leading technology but to those nation that doesn’t accept and can’t catch up to this kind of technology mean no cashless society.
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