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Topic: Digital money is cashless society (Read 2883 times)

hero member
Activity: 980
Merit: 500
September 16, 2018, 12:58:53 PM
My country is moving towards cashless society. But government has not allowed BTC  as legal tender while people are shifting towards it .So may be in coming years people start to use it for becoming cashless society.
Our society slowly moves towards digital world. And in this cryptocurrency like bitcoin help our society. Every one wants love cashless methods of shopping and in this time they also want a safe secure and trusted medium for their transaction. Bitcoin is perfect option for this and bitcoin is also famous for this kind of safe, secure transaction and bitcoin also charge less transaction cost. Because of this above features of bitcoin many online retailers and small business use it for their business purposes. Bitcoin also use for online tickets booking and hotel booking, for monthly rents etc.
full member
Activity: 680
Merit: 173
Giggity
September 16, 2018, 10:49:11 AM
There are some parts in my country who uses the digital money it is like an urbanized area where you will use your phone because you need to scan a QR code there are so many merchants and stores and even stalls who uses and accepts the digital currency as a payment and even in our transportation but there are still who don't use it. if bitcoin will be regulated and will be accepted in our country well it is a good thing to us.
hero member
Activity: 728
Merit: 503
dApps Development Automation Platform
September 16, 2018, 09:24:55 AM
It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.

Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries" where money becomes digital/numbers.

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.

How is digital money is your country ??  Bitcoin is a part of digital money.



In my country, the usage of digital money is still not evenly distributed, i think is because the people itself majority is still not aware with the usage of digital money.
full member
Activity: 504
Merit: 107
👨‍👩‍👧‍&#
September 16, 2018, 08:41:17 AM
When your belief in the bitcoin market is big enough, the bitcoin price decreases, it's your chance to buy more.
if everyone already knows and invests in the world of bitcoin everyone will use digital money instead of cash.
but now there are still many people who deny the existence of bitcoin, many people who use bitcoin just to get money only and do not see how the system in it is so extraordinary
full member
Activity: 448
Merit: 100
MenaPay - Crypto made easier than cash
September 16, 2018, 08:29:57 AM
Digital money is certainly good our time, at a time when special development have cryptocurrency, very help to work, it has become much easier, it is only on the popularity and development.
jr. member
Activity: 392
Merit: 3
September 16, 2018, 08:29:01 AM
that's right bro. even we are easier to cancel transactions. especially when we visit abroad without having to exchange banknotes. we can make transactions using digital currency. especially in countries that have joined bitcoin
member
Activity: 266
Merit: 32
September 16, 2018, 08:25:44 AM
Digital = paperless. When you pay bills online you do not get paper bill. When you store your data on a computer, you do not need books.
full member
Activity: 457
Merit: 100
September 15, 2018, 09:51:00 PM
When your belief in the bitcoin market is big enough, the bitcoin price decreases, it's your chance to buy more.
if everyone already knows and invests in the world of bitcoin everyone will use digital money instead of cash.
newbie
Activity: 317
Merit: 0
September 15, 2018, 07:13:26 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.

How is digital money is your country ??  Bitcoin is a part of digital money.





China does have great intelligence in the fields of industry and technology, they are always advancing and developing rapidly, but in my country technology is accepted, but people who are smart in technology are very few and China is as fast and as strong as the others developed. the country is too slow in achieving progress but we have a lot of work and art. that in bitcoin my country is developing not fast.
member
Activity: 209
Merit: 12
September 15, 2018, 07:01:52 PM
Bitcoin is definitely part of digital money. It runs on a peer to peer system which helps in easy and secure transaction of goods and services. Bitcoin is a digital currency.
sr. member
Activity: 2422
Merit: 357
September 15, 2018, 06:04:38 PM
Oh yeah, i see it on chinese series. They started to have a cashless society by the form of QR codes linked on their credit card or debit card. They used it to buy online , buy physical and even paying on a restaurant. As i see, cashless society is our next era and i dont see any wrong about that.
full member
Activity: 378
Merit: 100
Adoption Blockchain e-Commerce to World
September 15, 2018, 05:43:27 PM
Perhaps the full transition of the world to digital money will not happen very quickly and soon, especially given the fact that the world is very unevenly developed. There is a huge number of cities where not only problems with non-cash payment, but also with the Internet in principle.

I don’t think it could be fully implemented for now. There are still a lot to research and develop with regards with this matter. Many are still not into the use of digital currency. Some do not have the capability to be able to get access for it.
newbie
Activity: 83
Merit: 0
September 15, 2018, 05:12:18 PM
Digital money is the same as cashless like you rigtly said, its just that crypto is decentralized but the word cashless does not mean decentralized.
member
Activity: 434
Merit: 10
September 15, 2018, 05:05:38 PM
Perhaps the full transition of the world to digital money will not happen very quickly and soon, especially given the fact that the world is very unevenly developed. There is a huge number of cities where not only problems with non-cash payment, but also with the Internet in principle.
member
Activity: 365
Merit: 10
September 15, 2018, 05:00:50 PM
All countries in the world want to go cashless and my country is not left alone. Some of the activities in country local market accept transaction using card and so on. Bitcoin is one of the cashless money and this would make bitcoin top among the cashless society
member
Activity: 406
Merit: 10
September 15, 2018, 04:45:40 PM
Full use of bitcoin as a currency will simplify our lives as buyers and sellers. But my country is unlikely to soon be able to use bitcoin as a currency, as the technical support leaves much to be desired.

sr. member
Activity: 1092
Merit: 256
September 15, 2018, 04:32:28 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.

How is digital money is your country ??  Bitcoin is a part of digital money.

in my country Indonesia bitcoin is prohibited for payments can only be used to sell and buy in exchange, but for the future I think Indonesia will accept bitcoin payments as a digital currency, but for now it hasn't
member
Activity: 490
Merit: 10
September 15, 2018, 04:21:27 PM
Undoubtedly, it is very convenient. But my country is underdeveloped in this regard, not all stores accept even Bank cards. I hope that over time the situation will change for the better, as I really want to use bitcoin as a currency.
full member
Activity: 238
Merit: 100
September 15, 2018, 12:17:14 PM
Yes digital money is cashless society. With the new development in the technoloy money has become more online or in the plastic card form and the floating liquid money has decreased much in the society. People prefer online transactions more. Being cashless society there are many benefits like worldwide trade can take place easily and it will take lesser time also. Biggest advantage of cashless society is that there is no scope of counterfeit money. So cashless society means more overall progress.
newbie
Activity: 66
Merit: 0
September 15, 2018, 12:11:23 PM

it's too early to say that the public needs more digital money than cash, there are still many transactions that require us to use cash rather than digital money. many people are not familiar with technology, so it takes a long time for people to know digital currencies.
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