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Topic: Do you need cash for everyday use? - page 3. (Read 2988 times)

full member
Activity: 994
Merit: 103
June 09, 2019, 09:35:57 PM
Yes i do use lot of money for everyday cause every store were i buy in dont accept crytocurrency so i need to have cash always in my pocket. 
sr. member
Activity: 1050
Merit: 250
June 09, 2019, 08:27:28 PM
Yeah sure i use cash for everyday usage if i have to, to pay bills, some real life goods or anything else related to a daily life scenario.
In case there are no available crypto payment methods you will still need to use fiat (cash).

Anyway i find your project quite interesting actually. Will take a closer look when it's started within your 16 days countdown.
so do I, where cash is needed in my country. to meet daily needs, pay bills, or eat at a restaurant, fiat money is used. there has been no breakthrough from the government to announce the legalization of crypto use as a means of payment
you have to wait till government totally review the benefits from crypto legalization.if they thinking it will give them much benefits i am sure they will do it.and i know in many country now many new payment system by using digital wallet.its very usefull to start reducing cash transaction.
full member
Activity: 826
Merit: 100
June 09, 2019, 07:53:29 PM
Yeah sure i use cash for everyday usage if i have to, to pay bills, some real life goods or anything else related to a daily life scenario.
In case there are no available crypto payment methods you will still need to use fiat (cash).

Anyway i find your project quite interesting actually. Will take a closer look when it's started within your 16 days countdown.
so do I, where cash is needed in my country. to meet daily needs, pay bills, or eat at a restaurant, fiat money is used. there has been no breakthrough from the government to announce the legalization of crypto use as a means of payment
sr. member
Activity: 625
Merit: 258
June 09, 2019, 07:14:54 PM
Yeah sure i use cash for everyday usage if i have to, to pay bills, some real life goods or anything else related to a daily life scenario.
In case there are no available crypto payment methods you will still need to use fiat (cash).

Anyway i find your project quite interesting actually. Will take a closer look when it's started within your 16 days countdown.
hero member
Activity: 924
Merit: 501
June 09, 2019, 07:11:08 PM
For me it is bitcoin. Online shopping all with bitcoin. If they do not accept bitcoin then they don't get my business xP
I hope people try to use crypto. Use bitcoin to pay where you can. Don't use fiat if bitcoin is an option. Keep bitcoin strong.

I still need cash when buy food and some thing that i can't buy even with card, but i think over 5 or more years i will not need to use the cash so much as now, but this only if governments and companies will make some changes.

Maybe we can have decentralized grocery stores  Cheesy
full member
Activity: 952
Merit: 104
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June 09, 2019, 06:48:40 PM
Well in my country, the use of fiatis still the basic way of doing transactions. So I would say that Fiat is essential to everyday living of the people in my country and crypto was an option to those who are well aware of it's existence.
member
Activity: 505
Merit: 35
June 09, 2019, 05:35:46 PM
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.
Of course! We need fiat currency nowadays. We did not let the fact that even there is a cryptocurrency that existed today. I use my fiat in order to buy products in the market as well as paying the bills in my house. However, I am adapting also cryptocurrency specially when I am buying in a mall that accepts QR code.
hero member
Activity: 1414
Merit: 516
June 09, 2019, 02:38:12 PM
I still need cash when buy food and some thing that i can't buy even with card, but i think over 5 or more years i will not need to use the cash so much as now, but this only if governments and companies will make some changes.
newbie
Activity: 32
Merit: 0
June 09, 2019, 02:27:05 PM
absolutely yes, 80% of all my spending is done in cash. Only a few transaction like money transfer and bill payment are done by banking network. All the daily spend like buying groceries, food, travel etc is done by cash.
full member
Activity: 728
Merit: 101
The Standard Protocol - Solving Inflation
June 09, 2019, 12:15:15 PM
Live without fiat?
Obviously, for now, it's not possible as mass adoption of cryptocurrency is still in the early stage.
But as time proceeds day by day many will be thinking about accepting cryptocurrency as payment for their business and services by which will be the reason us to live without fiat and start living using cryptocurrency to get our needs.


yes, i dont think i could live without fiat. I do believe we still in very far away from that future where no more fiat and all transactions goes digital. I do also think crypto are not really welcome in my country so yes i do need fiat to live my life and crypto payment are not available in my country.
sr. member
Activity: 1974
Merit: 450
June 09, 2019, 11:54:15 AM
In my everyday life of course I used cash especially if I buy some things in the store. We know that a lot of people are using cash than to credit cards or apps that they can use to pay when you shopping somewhere. But I think in the future many things will be develop and maybe people will use online transaction than in cash.
digital money development is indeed so fast for now. even some people are very used to using digital money. only, for now, the use of cash is still ongoing. well, it's fast and good enough for now compared to digital.
full member
Activity: 812
Merit: 100
June 09, 2019, 10:46:16 AM
In my everyday life of course I used cash especially if I buy some things in the store. We know that a lot of people are using cash than to credit cards or apps that they can use to pay when you shopping somewhere. But I think in the future many things will be develop and maybe people will use online transaction than in cash.
member
Activity: 532
Merit: 10
█ J A X N E T W O R K █
June 09, 2019, 09:54:37 AM
Cash is so familiar to people for a very long time. This forms for us to use, spend, pay cash as a habit according to the rules of each country. Bitcoin and crypto are currencies of modern technology but need time to adapt, including accepted rules.
sr. member
Activity: 2366
Merit: 448
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June 09, 2019, 09:29:19 AM
Cash is more important than bitcoin, because of my daily needs and what I use to get what I want in all transactions I have to use cash.
in my country of residence, I have not found a transaction that uses bitcoin and to be able to make transactions I exchange bitcoin with real money to be able to use it in any case.
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
June 06, 2019, 02:52:37 PM
Currently, of course, I still need cash for payment even though there have been so many developments happening in the market. this will be of great benefit. what is clear is that indeed we ourselves will follow the development of the era of the payment system transition that already uses online payment

I am sure that the leadership would change should take a very long time, as well as the market itself should be subject to certain changes not only associated with the circulation of bitcoin arrays. However, I fear this is only an assumption that is not destined to come true.
sr. member
Activity: 1246
Merit: 252
June 06, 2019, 12:40:39 PM
Currently, of course, I still need cash for payment even though there have been so many developments happening in the market. this will be of great benefit. what is clear is that indeed we ourselves will follow the development of the era of the payment system transition that already uses online payment
sr. member
Activity: 2366
Merit: 448
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June 06, 2019, 10:03:15 AM
Yes, cash is needed because it can be used anywhere and generally everyone knows cash for each transaction.
not everyone knows about digital currencies, only a few people know about cryptocurrency and the limitations of being able to make transactions using cryptocurrency and only in certain places.
so in my opinion cash is far more important than cryptocurrency because cash can be used anywhere there is no limit.
full member
Activity: 680
Merit: 103
June 06, 2019, 08:19:35 AM
because I live in a village, so most needs are still bought in traditional markets and use cash. only occasionally buy less urgent needs in everyday life such as clothes and jackets that I buy online.

Most people, who live in the cities also need cash to use it every day. I bet, they do not visit large supermarkets always, and in small shops, cash is usually accepted. Do not forget about popular flea markets, where the usual currency is needed.
jr. member
Activity: 518
Merit: 6
June 03, 2019, 01:33:42 AM
It really depends on the situation and lifestyle of a certain person, if you refer rich people they usually don't used fiat money instead they used their cards like ATM/CREDIT CARDS, for normal people they really used cash everyday.
legendary
Activity: 1302
Merit: 1000
June 01, 2019, 12:15:55 AM
In my opinion, most of today's society is in desperate need of cash for their daily activities because most of the shops, traditional markets use cash transactions so that if there is no cash it will be very difficult to trade in  everyday life therefore not all markets accept digital currency and not everyone knows about this digital currency
digital currency has not been effectively used, especially for countries that have not legalized it, even there are no transactions using cryptocurrency. therefore we still depend on cash to make ends meet

Yes, you are right in many countries cryptocurrencies are not legalised yet but even though they have legalised but still they are using cash for their daily usages. It will take another 10 years to implement the cashless world, in rural areas it is impossible to implement the digital currency.
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