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Topic: Digital money is cashless society - page 8. (Read 2883 times)

newbie
Activity: 210
Merit: 0
June 04, 2018, 08:13:31 AM
if one day digital currency will be needed then this can be sure this is an advanced future development, and for transactions will also be very easy, save is also very easy because just remember the password of your digital wallet
member
Activity: 179
Merit: 10
June 04, 2018, 07:58:15 AM
Cash still has not lost its popularity, especially for older people who are extremely skeptical about money on cards and purchases on the Internet. Big and developed societies have fully digitalized their economic infrastructure in time and this process is still going on. My country is one of the countries where these developments are experienced, but the pace of progress isn't still enough.

China is one of the very best country or much advance technology country. Most of the people in china are very hard working and they are very business minded people. Digital money is normal in every country, but in China, it is very popular. Cashless society is starting, let's hope it will continue.
hero member
Activity: 949
Merit: 517
June 04, 2018, 07:20:57 AM
Cashless transaction is already been practice in our society before like credit card and ATM's and it is more better when it involve crypto and it is very in favor to us who already engage in crypto than to thus who did not, but I think that the implementation of this is very hard.
newbie
Activity: 121
Merit: 0
June 04, 2018, 06:10:36 AM
This is cool, but I heard that China is negative towards crypto, if not the next step for them could be a crypto society
newbie
Activity: 70
Merit: 0
June 04, 2018, 06:06:47 AM
I think that this will happen in several years but I don't think that it is bad. As for me, there are a lot of pros in the fact that our society will become cashless. we will have more digital currency and this way is very convenient for use
that's true, so if we're going to do the transaction it will be easier and safer, it will happen and be applied by everyone, but do not know it will happen, either long or shortly
member
Activity: 322
Merit: 10
June 04, 2018, 05:22:31 AM
I think that this will happen in several years but I don't think that it is bad. As for me, there are a lot of pros in the fact that our society will become cashless. we will have more digital currency and this way is very convenient for use
newbie
Activity: 51
Merit: 0
June 04, 2018, 05:18:39 AM
The digital currency is better than banknotes. It is safer and easier to record. Let us know that each of our money is spent in that place. It can also be better to statistics.
newbie
Activity: 112
Merit: 0
June 04, 2018, 05:14:44 AM
digital money is more safe than carrying cash, you can shop or eat on restaurants using cards. but the thing is theres still a lot of people don't know how to use cards,paypal, etc. how much more if bitcoin will be the central of digital money in future?. people here on our country needs to be more familiar with it.
full member
Activity: 392
Merit: 100
June 04, 2018, 05:01:35 AM
Yes digital money has become very useful because it improves one's discipline towards financial management because all transactions are recorded, you can keep an eye on it and will see how much you've spent on something. Not only that, it also provides the convenience of not having to worry about carrying cash or queuing up at ATM machines. People are also gradually turning to payments without cash, but cash still has not lost its popularity, especially for older people who very skeptical about money on cards and purchases on the Internet.
full member
Activity: 231
Merit: 100
June 04, 2018, 04:50:25 AM
people find it more difficult to switch to a cashless society, since many still do not know how credit and debit cards are used, what to speak of bitcoins and crypto-currencies in general ... therefore, the transition of society to cashlessness is still difficult to implement.
member
Activity: 266
Merit: 32
June 04, 2018, 04:38:18 AM
Yes it is really a cashless society and since the world want everyone to practice cashless policy, then this has come at the right time to make things easy for everyone. You can access your Bitcoin anywhere you are, wherever you go.

For cashless society everybody in the country must have a bank account and banks have banned Bitcoin.
jr. member
Activity: 482
Merit: 3
June 03, 2018, 04:19:35 PM
Yes it is really a cashless society and since the world want everyone to practice cashless policy, then this has come at the right time to make things easy for everyone. You can access your Bitcoin anywhere you are, wherever you go.


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.



legendary
Activity: 1862
Merit: 1004
June 03, 2018, 02:11:35 PM
At this point, it is almost certain that cashless society will have very little to do with bitcoin or another pseudo-decentralized cryptocurrency.
For central banks, bitcoin and other blockchain-based digital tokens are poor imitations of FIAT money.
Currently almost nobody prices goods in bitcoin, we have only a few companies, merchants which use crypto for payments.
Cashless future will be really dark for us, it will be centralized hell - current cryptocurrencies are not even close to the concept of total control future regulations are cooking for us.
full member
Activity: 322
Merit: 100
June 03, 2018, 01:06:33 PM
Cashless societies have more economical advantages. As they can control their money they can end money laundry through digital money and they can be sure about how much money they have. We are not actually a cashless society but we are going to be one. As the goverment is trying to be one in order to stop corruption.
sr. member
Activity: 704
Merit: 270
June 03, 2018, 12:58:31 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 many people are using cashless or electronic/digital money because it is much convenient and faster to pay your bills and buying things through online. Many people are now used to have digital money because in our era technology is now a big part of our life and bitcoin is a part of technology and digital money, so i think soon bitcoin will legalize and will be used all over the world.
Yes it is but for this to happen there is a very long time to go.Although there are many people using these digital currencies but still a large percentage of people do not know about digital currencies and hence cashless society.There are many complications in using digital currency.Firstly you require an internet connection to operate the digital currencies.But internet connection is not possible in every corner of the world.These are also not centralised so they are not backed by central banks and governments.They are risky too.
newbie
Activity: 46
Merit: 0
June 03, 2018, 12:51:29 PM
I believe for bitcoin.The process has certainly begun and started to pick up steam. Transitioning over to a 100% digital money economy is a long way away though. I have spent alot of time in China and it is definitely not a cashless society. Most of the population does not even have a bank account, let alone not use cash. That said, the process is moving, but it will be a long one. Thanks you.
full member
Activity: 308
Merit: 100
June 03, 2018, 12:39:26 PM
Degitalsation is improving day by day . If it's coming on every place then it will be a great achievement. And the transaction and usability will more easier and quick it will be a great turning point to them.
newbie
Activity: 98
Merit: 0
June 03, 2018, 12:23:01 PM
In my country still maximum people prefer physical money, don't know why may be it feels good to actually touch the money. But also the practice of electronic cash and payment system is increasing day by day.
sr. member
Activity: 756
Merit: 257
Freshdice.com
June 03, 2018, 11:32:25 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.

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



In my country many people are using cashless or electronic/digital money because it is much convenient and faster to pay your bills and buying things through online. Many people are now used to have digital money because in our era technology is now a big part of our life and bitcoin is a part of technology and digital money, so i think soon bitcoin will legalize and will be used all over the world.
member
Activity: 238
Merit: 10
June 03, 2018, 11:29:28 AM
developments are getting ahead and technology is getting higher China's success makes digital money spread to various corners of the world that aims to make it easier to transact I think this is an era where everything is instantaneous.
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