I use cash, it is basic thing to buy anything. But payment transfer wise i use bitcoin and little bit i use credit cards, so i do all things, so i can't say that i totally use cash or i can't say that i use others ways.
Actually it is depend where you live, everyone do to his environment, and where i live here people mostly use cash. I fell strange thing that someone not using cash.
Topic: Do you need cash for everyday use? - page 17. (Read 2960 times)
I have not used cash for years, even before knowing the cryptos. On the other hand I obviously use the fiat, (via my credit card) it is almost an obligation since so few stores allow the use of cryptos. Maybe someday ?
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.
money is very important for everyday and also every hour so I definitely say without money nothing can be changed in our life and we don't have any other thing without money so crypto field will helpful for us to solve this. 
Well, I still need it, maybe digital payments have occurred in developed countries where cash is no longer used too much for transactions, but for new things like my country, it still takes time to change systems that previously existed.
Even in developed countried where they use digital transactions a lot, you still can't take away the importance of cash. You can't find credit card terminals on the streets for small things you have to buy. So the answer to the question is obviously yes and i think that applies to almost all of us.
Well, I still need it, maybe digital payments have occurred in developed countries where cash is no longer used too much for transactions, but for new things like my country, it still takes time to change systems that previously existed.
Right now yes we need cash for our daily life because right now we couldn't use crypto to pay for everything,
We aren't in a cashless society so we would still need it,But if we could pay everything with our crypto currency then I guess I could say good bye for Fiat .
Besides I always misplace my wallet and lose some cash,So it would really be great if I could just use my phone to pay for everything.
We aren't in a cashless society so we would still need it,But if we could pay everything with our crypto currency then I guess I could say good bye for Fiat .
Besides I always misplace my wallet and lose some cash,So it would really be great if I could just use my phone to pay for everything.
You did not understand the question. It's not about crypto vs fiat it's about cash vs cashless payments.
We don't need cash as long as card payments are accepted and they are. I don't use cash. I carry some with me but I almost never pay. I just have it in case the terminal at a store or a restaurant doesn't work.
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.
What we need is getting the merchants accept crypto as payment, either by wallet-to-wallet payments, either via payment processors that accept crypto.
Exactly! Although there were handful of big names in business industry in some places, but we really need to increase the number of merchants who will accept crypto payment. This will help spread the adaption, and for the people to understand the functionality of Bitcoin and alts.
Of course I do. I prefer using cash than credit cards. There are a lot of people who depend too much in visa/credit card but I don't. I prefer using cash, this way I can control my expenses. A lot of people are being buried in debts by using their cards because they don't feel the loss as they spend because they are not seeing it. unlike cash, if you have it in your wallet, you know exactly how much you have and you will be able to manage your expenses.
Right now yes we need cash for our daily life because right now we couldn't use crypto to pay for everything,
We aren't in a cashless society so we would still need it,But if we could pay everything with our crypto currency then I guess I could say good bye for Fiat .
Besides I always misplace my wallet and lose some cash,So it would really be great if I could just use my phone to pay for everything.
We aren't in a cashless society so we would still need it,But if we could pay everything with our crypto currency then I guess I could say good bye for Fiat .
Besides I always misplace my wallet and lose some cash,So it would really be great if I could just use my phone to pay for everything.
Sad to say, cash is king in payments here in my country, even the coins. I often buy daily from a 7-11 store and the local wet market, both mostly transact in fiat. Even the use of credit/debit cards is limited to large purchases in malls and supermarkets.
I don't always use cash to support my life every day. I will see the conditions in each using cash or digital money. for now and in the future, cash or non-cash is very necessary and inseparable from our lives. so that cash and non-cash will support each other in all economic activities. and we must be able to use both.
In some places still people prefer using cash because crypto currency is as an optional currency, so here in my place crypto currency is being use more than cash we everything is available with payment of crypto it is reducing the value of cash, I appreciate those countries who regulated bitcoin because it is good for economy of the country.Good for economy is always good, also there are those who ban in for good. Do you think they economy is weak or they are afraid of something. My guess is that they are afraid of something that is so good and on top of this they cannot control it at all. But again its smaller number of countries that have done this and also its small that ban it. Large number are those who dont know what to do.
I don't always use cash to support my life every day. I will see the conditions in each using cash or digital money. for now and in the future, cash or non-cash is very necessary and inseparable from our lives. so that cash and non-cash will support each other in all economic activities. and we must be able to use both.
In some places still people prefer using cash because crypto currency is as an optional currency, so here in my place crypto currency is being use more than cash we everything is available with payment of crypto it is reducing the value of cash, I appreciate those countries who regulated bitcoin because it is good for economy of the country.
I don't always use cash to support my life every day. I will see the conditions in each using cash or digital money. for now and in the future, cash or non-cash is very necessary and inseparable from our lives. so that cash and non-cash will support each other in all economic activities. and we must be able to use both.
In some places still people prefer using cash because crypto currency is as an optional currency, so here in my place crypto currency is being use more than cash we everything is available with payment of crypto it is reducing the value of cash, I appreciate those countries who regulated bitcoin because it is good for economy of the country.I don't always use cash to support my life every day. I will see the conditions in each using cash or digital money. for now and in the future, cash or non-cash is very necessary and inseparable from our lives. so that cash and non-cash will support each other in all economic activities. and we must be able to use both.
In some places still people prefer using cash because crypto currency is as an optional currency, so here in my place crypto currency is being use more than cash we everything is available with payment of crypto it is reducing the value of cash, I appreciate those countries who regulated bitcoin because it is good for economy of the country.
No one can live without cash, you cant buy food, clothes, and etc just using bitcoin. Were not in full modern technology to forget about cash, remember there are people who still not globalize by the world. Even cellphone dont know how to use, were still at the middle of modern and old generation. Fiat currency is still useable than crypto money. Think of it, i guess even million of years come by, cash is always exist. How could people live just using virtual money. Buy on the market through sending coins, too far to believe right now
Liked or not no matter how far we are in this technological era, still many use more cash then paying with plastic. We have some countries that have limited or massively reduce usage of cash in the world but for global change that gonna be hard. But let start with some basic, why we need cash. First you never know for what you will have to use it. Next maybe that or this store dont accept credit card. If you are on holiday you need cash. If you have cash in wallet you (on my example) will spend less money, on card I dont know when to stop. And for last paying in cash you will not leave any data, with card you need to.
We have good and bad sides on both. For example cash can be lost or destroyed. You won’t get it back, such as purchase protection, that you get with some credit cards. Conclusion for this is to make some good solution for using cash and card, mainly use cash for one thing and card for another.
We have good and bad sides on both. For example cash can be lost or destroyed. You won’t get it back, such as purchase protection, that you get with some credit cards. Conclusion for this is to make some good solution for using cash and card, mainly use cash for one thing and card for another.
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've checked your website a little.
You'll issue paper money? I see no use for that and the governments may not like the idea. That field is their monopoly.
Your coin price will be pegged to gold price and you'll hold gold for that? You'll need audits for that and you'll have to build up trust. It's a tough job, but can be done. And you need it badly, because somehow the "gold backed" ICO projects tend to end up as scams (except one, I think).
You wanted my opinion and you won't like it.
Imho you don't bring anything new which is useful. The only "new" thing you bring is that paper money. Good luck getting merchants accept that.
What we need is getting the merchants accept crypto as payment, either by wallet-to-wallet payments, either via payment processors that accept crypto.
Fiat is the most use money for me. It's the traditional way of living in my country, and this is the most famous payment in here. Although my country has GCASH and Paymaya, I'm more fond in using fiat money than that. Since, buying something with fiat does not need fee to transact. With GCASH and Paymaya, I need at least .5 dollar to pay for the items.
I don't always use cash to support my life every day. I will see the conditions in each using cash or digital money. for now and in the future, cash or non-cash is very necessary and inseparable from our lives. so that cash and non-cash will support each other in all economic activities. and we must be able to use both.
Quote
Do you need cash for everyday use?
yes i need a cash for buy something like smooke and internet balance. because of them store people don,t have credit machine for using like card or QR using my phone. for buy some food and clothing i dont use cash, online store on my country use online payment like credit and debit for that. i am realy glad for your project to make cash using crypto seems good for me. Jump to: