Digital money is really established it foots on the economic of my country and many financial activities has gone to online. Bitcoin has the best potential to represent cashless society because it is peer to peer and was decentralized. We should have to move our financial transactions to online in other to benefits from technological development.
Anyone who is not online these days is actually lagging far behind. It seems this is something that has become rampant already and even in some countries you least expect, you get to see everything being done digitally. So far, digital age is already taking over and I would not be surprised that a time will come when paper money itself will totally go into extinction. We are already getting there gradually.
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.
It is not just the money earned from the internet. The little transfer we do between ourselves with our mobile app of the banks we use or via ATM, as long as it does not involve cash is all digital. Cashless society is gradually becoming the norm of the day and before we know it, in most of the places where there is a huge development in technology, hardly will you see yourself holding paper money.
