Do you need cash for everyday use? - page 15.

finaleshot2016

legendary

Activity: 1778

Merit: 1009

Degen in the Space

Yes, I always use cash for my daily routine like getting a promo of data connection on my sim card to check daily news. I also spend my money in food, money is our need to survive.

Quote from: fianaindriati on April 06, 2019, 11:16:31 AM

Quote from: markstivn98 on April 06, 2019, 09:07:59 AM

Quote from: igorc on March 19, 2019, 03:28:22 AM

We are working on Golden Currency project ( https://goldencurrency.money ), where we issue money that is available both in crypto and in cash form. We find the possibility to use crypto money in cash form as one of advantages. We expect that almost everybody anyway uses cash and in such a case the lack of such opportunity limits the potential use of currency. That's why we started the poll to prove it. Would be glad for your votes and comments regarding your view on such an option.

I can not use digital coins to buy special needs.
I sell them to specific people
Then bought with the money you get it Special needs.

I feel that in daily activities we don't need to use coins. because in our daily activities we need of course the cash we use. because the coins and cash are quite different. if the cash can be used transactions that require a little nominal, so don't need coins.

They're both money so there's no issue with that as long as it's spending to our needs in life. The topic title says a lot, "everyday use" means your needs in life to survive.

fianaindriati

sr. member

Activity: 700

Merit: 250

Quote from: markstivn98 on April 06, 2019, 09:07:59 AM

Quote from: igorc on March 19, 2019, 03:28:22 AM

We are working on Golden Currency project ( https://goldencurrency.money ), where we issue money that is available both in crypto and in cash form. We find the possibility to use crypto money in cash form as one of advantages. We expect that almost everybody anyway uses cash and in such a case the lack of such opportunity limits the potential use of currency. That's why we started the poll to prove it. Would be glad for your votes and comments regarding your view on such an option.

I can not use digital coins to buy special needs.
I sell them to specific people
Then bought with the money you get it Special needs.

I feel that in daily activities we don't need to use coins. because in our daily activities we need of course the cash we use. because the coins and cash are quite different. if the cash can be used transactions that require a little nominal, so don't need coins.

markstivn98

member

Activity: 154

Merit: 13

Quote from: igorc on March 19, 2019, 03:28:22 AM

We are working on Golden Currency project ( https://goldencurrency.money ), where we issue money that is available both in crypto and in cash form. We find the possibility to use crypto money in cash form as one of advantages. We expect that almost everybody anyway uses cash and in such a case the lack of such opportunity limits the potential use of currency. That's why we started the poll to prove it. Would be glad for your votes and comments regarding your view on such an option.

I can not use digital coins to buy special needs.
I sell them to specific people
Then bought with the money you get it Special needs.

coolcoinz

legendary

Activity: 2814

Merit: 1192

No, I almost never use cash these days. I have some of it stored in a safe for hard times because I find it more reliable from a bank. In short, I get my wage to a bank account and I spend it on daily needs, so I have only 1 time my wage stored in the bank. About 10 times my monthly wage is in cash at home, and the rest is in crypto.
I don't remember the last time I had to use cash for something. Card just seems more convenient and "cleaner". Also, I like to keep my bank account as empty as possible.

karanggatak

hero member

Activity: 1106

Merit: 506

of course I need cash to be able to buy my daily needs. because in my country bitcoin is illegal. may not be used for payment instruments. for now bitcoin in my country is only used for trading and investing. but it is possible if the mass adoption of cryptocurrency is realized we will switch to using cryptocurrency in conducting daily transactions. maybe ten more years will come true. this is only a prediction.

ice18

hero member

Activity: 2492

Merit: 542

Im a bitcoin user for almost years and still cash is my most used money to transact to other people, many people are not yet educated about using digital money for everyday transactions the technology is I think ready but the users are not yet interested because of trust and security issues regarding digital money.

celot

sr. member

Activity: 1492

Merit: 269

Always need cash for daily day activities, every day we make transaction to buy and sell some thing using cash money and impossible using bitcoin or altcoin as payment transaction because many people still do not know about bitcoin.

jambul_kribo

sr. member

Activity: 980

Merit: 250

Quote from: mbluxs on April 02, 2019, 12:45:30 PM

For now, I still need it, but maybe in the next 5-10 years we don't need to bring cash to make transactions because there are many developments using cellphones or cards.

in some countries now much digital money developted.just using application in our smartphone enough for us to shopping , or paying anything we want.and now its massively used, maybe in less than 5 years we need this app.no more cash in our wallet if we go outside from our home.more secure and ofcourse more practical.

Chikitita2004

full member

Activity: 560

Merit: 121

I do use cash all the time. And even if I have credit card I will still prefer to use cash everyday. People who are dependent in credit cards are in more serious debt situations than those who use cash. With cash in hand I will be able to manage my resources, what to buy and what not to buy based on the available money I have. With credit cards, you will not really feel the weight of your expenses because it goes directly to your credit card and you will only feel it at the end of the month, when you see how much visa and banks had taken from your money.

mbluxs

sr. member

Activity: 938

Merit: 250

For now, I still need it, but maybe in the next 5-10 years we don't need to bring cash to make transactions because there are many developments using cellphones or cards.

mostcrack

member

Activity: 548

Merit: 12

obviously, we still use fiat money as a daily necessity, because fiat money is widely recognized and the system has long been running.
if indeed there is crypto money in the form of cash, I think this will be difficult to accept in the public. except that the government requires it.

cryptoknightt

sr. member

Activity: 1188

Merit: 251

Quote from: amrulshare on April 02, 2019, 10:38:55 AM

of course, because not everyone understands e-money. In addition, people who have never attended school understand the value of Fiat's money. I use fiat money for everyday needs to buy something outside like shopping, eating, etc.

I don't think that's all that, you have to remember parents and people with disabilities, some of whom don't know how to use cryptocurrency and can't even use it at all.

amrulshare

hero member

Activity: 1316

Merit: 546

Monday Hit Me Every week

of course, because not everyone understands e-money. In addition, people who have never attended school understand the value of Fiat's money. I use fiat money for everyday needs to buy something outside like shopping, eating, etc.

BorisWCR

member

Activity: 554

Merit: 10

This is indeed a good question to ask about in the current world we are living in where the use of cash or fiat currencies and crypto currencies are getting between them. Well, I I answered the poll and I really do use cash a lot. But I much prepared if I could use crypto currencus for payment, but I know I still cannot do that, and everyone here knows too. We still need a lots of time for that matter.

zemper

full member

Activity: 322

Merit: 100

Quote from: Pejoh Asu on April 02, 2019, 03:29:04 AM

In my country crypto is still not acceptable, I am still very dependent on cash, this is because there is no market that accepts crypto, so whatever I need is paid in cash, not others.

Well, I'm almost in the same situation. There's still no mass adoption of crypto and I know only a few shops that take payments in it. But I suppose that soon will be positive changes about cryptocurrency payments.

Pejoh Asu

sr. member

Activity: 1484

Merit: 254

In my country crypto is still not acceptable, I am still very dependent on cash, this is because there is no market that accepts crypto, so whatever I need is paid in cash, not others.

Dreamchaser21

full member

Activity: 686

Merit: 108

Quote from: semobo on April 01, 2019, 01:23:54 PM

Obviously we need the cash since most of the places don't have option to pay with crypto currencies,but I would like to spend the crypto currencies and hope those days are not too far.

For now we have to deal on this but in the future there will be more option.
Cash is very important in today's society and we can't live without it guess. I'm using it everyday for my transportation cost and food expenses but never to spend it on a useless things like shopping or what, I'd rather buy more bitcoin than to make shopping on a mall.

Bonsaiav

full member

Activity: 602

Merit: 118

Quote from: igorc on March 19, 2019, 03:28:22 AM

We are working on Golden Currency project ( https://goldencurrency.money ), where we issue money that is available both in crypto and in cash form. We find the possibility to use crypto money in cash form as one of advantages. We expect that almost everybody anyway uses cash and in such a case the lack of such opportunity limits the potential use of currency. That's why we started the poll to prove it. Would be glad for your votes and comments regarding your view on such an option.

Along with the non-acceptance of cryptocurrency by most state administrators as a method of payment, of course cash's still very much needed to cover our needs in daily life especially for those who don't have an ATM. Crypto money in cash, wow amazing and this's quite interesting. However, considering the condition of cryptocurrencies in various countries is still not acceptable to the government, I think your idea will be in vain because this will collide with government regulations which until now are still unclear.

klaaas

hero member

Activity: 1568

Merit: 544

Quote from: semobo on April 01, 2019, 01:23:54 PM

Obviously we need the cash since most of the places don't have option to pay with crypto currencies

not yet but give it time, it will be more general accepted and used further on in the future.

Most of the time that i use cash is with places that are still using coin only machines.

Bagaji

sr. member

Activity: 1330

Merit: 291

Quote from: igorc on March 19, 2019, 03:28:22 AM

We are working on Golden Currency project ( https://goldencurrency.money ), where we issue money that is available both in crypto and in cash form. We find the possibility to use crypto money in cash form as one of advantages. We expect that almost everybody anyway uses cash and in such a case the lack of such opportunity limits the potential use of currency. That's why we started the poll to prove it. Would be glad for your votes and comments regarding your view on such an option.

I don't think there any need for crypto money in cash form as that will take back to where we are coming from and which is not ideal in this twenty first century that we are clamuring for adoption of digital copy to make things easier for you I.
I will love to see the outcome of the research so that one can make informed decision from your study.

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