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Topic: Do you need cash for everyday use? - page 4. (Read 2990 times)

member
Activity: 714
Merit: 14
May 31, 2019, 09:41:27 PM
It is not surprising that the use of cash has won the greater percentage of the votes because cash or paper money or the fiat is more familiar to the people than the other digital forms of payment. Even with cryptocurrency, the final conversion for most investors end up with crypto - to- fiat with the merchants. This is where most investors make their profit.
full member
Activity: 392
Merit: 100
May 31, 2019, 08:35:27 PM
I would say 80% yes because I'm starting to get used to digital payments. I'm paying my bills, mobile load and online purchases using my digital wallet and I really like doing digital transactions when I buy stuff on the internet. I'm very confident that after a few years, I'll be using fiat occassionally while cryptocurrencies on majority of all my transactions.
sr. member
Activity: 658
Merit: 251
May 31, 2019, 06:48:34 AM
Yes i use cash in my everyday living,  but sometimes is a hassle for me ,  unlike digital currency you only need your phone with a wallet and viola , your free to go anywhere  but only problem is only few business accept crypto.

just same like you I use cash for everyday life, in my country businesses that use digital currency as payments are still very limited, and most of our people don't understand the digital currency. maybe the next 2 or 3 years a lot of people in my country use cryptocurrencies as the payment.
full member
Activity: 650
Merit: 100
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May 31, 2019, 06:20:39 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.
Yes I need cash for our daily needs.I belong in an Asean countries in which crypto currency doesn't seem to be very known that some people doesn't really aware of it's existence.Moreover it do really exist but not everyone understand it's purpose and still doubts of its potential use as a currency.
full member
Activity: 490
Merit: 134
May 31, 2019, 03:52:49 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 will be hypocrite if I say I don't need cash for everyday use. However, since that I am here in crypto business I can't able to do that, due to crypto its not directly currency that can be use as payment in any form of traditional business. it can only be use as a digital form of payment online not in physical payment, but it can be convert into fiat currency turn into a real money.

No it is not true we can use it for anything because it has so many opportunities for us, we can use cash but if we look at the time and need it is important to avail the opportunity and accept the digital system of payment, because it is beneficial for our society it saves our time and it helps us to shop online for goods of our need.

If we look into this then it will take much more time for this to happen. Off course primary usage can in eCommerce for the moment. Some shop can do this recieve payment in bitcoin as one of the default currencies.
This is progress considering that not so long ago almost everybody dislike crypto in general.
hero member
Activity: 1078
Merit: 501
May 30, 2019, 01:42:44 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.

I will be hypocrite if I say I don't need cash for everyday use. However, since that I am here in crypto business I can't able to do that, due to crypto its not directly currency that can be use as payment in any form of traditional business. it can only be use as a digital form of payment online not in physical payment, but it can be convert into fiat currency turn into a real money.

No it is not true we can use it for anything because it has so many opportunities for us, we can use cash but if we look at the time and need it is important to avail the opportunity and accept the digital system of payment, because it is beneficial for our society it saves our time and it helps us to shop online for goods of our need.
full member
Activity: 364
Merit: 101
May 30, 2019, 07:02:34 AM
Cryptocurrency in cash is something interesting. I have long since met information about the release of Bitcoin in a similar form by the Singaporean company Tangem, which issued its notes in 0.01 and 0.05 Bitcoins. I really do not know the result of this venture. However, everything is possible. I am absolutely sure that in the future we will see various options for sharing cryptocurrency and other types of means of payment.
sr. member
Activity: 868
Merit: 289
May 29, 2019, 12:16:40 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 will be hypocrite if I say I don't need cash for everyday use. However, since that I am here in crypto business I can't able to do that, due to crypto its not directly currency that can be use as payment in any form of traditional business. it can only be use as a digital form of payment online not in physical payment, but it can be convert into fiat currency turn into a real money.
legendary
Activity: 2534
Merit: 1338
May 28, 2019, 05:02:28 PM
Cryptocurrency is still used mainly as an investment tool. As a means of payment, it is used very rarely, because the infrastructure for its use is not yet sufficiently developed and this makes its practical use very difficult. In addition, it is still in a state of development, over the past few years it has improved significantly, but vseravno, this is not enough.
Therefore, cash, and especially non-cash money of the states will not disappear anywhere. I think that they will always exist and will run in parallel with the cryptocurrency. In different situations, the most convenient type of means of payment is applied. While cash is still the most convenient in most cases, with the exception of large transactions.
It is true that cryptocurrencies are not being used as currencies but that is going to change in the future, we need to be patient, changing the way people do things is never a fast process, while I expect the price of bitcoin to keep rising for the time being I really think it is going to take at least another decade before bitcoin becomes a common payment method.
full member
Activity: 994
Merit: 103
May 28, 2019, 01:37:07 AM
Yes i use cash in my everyday living,  but sometimes is a hassle for me ,  unlike digital currency you only need your phone with a wallet and viola , your free to go anywhere  but only problem is only few business accept crypto.
hero member
Activity: 2170
Merit: 503
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May 28, 2019, 12:50:36 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
Digital money may only be used for those who shop online, or buy something that is only available online. the majority of people use cash to speed up their transactions. people need that. it's like buying food, we can't wait a few days to buy staple food. the development of digital money, such as crypto is indeed very good, it's just that it's not suitable for everyday needs.
member
Activity: 714
Merit: 11
BountyMarketCap
May 28, 2019, 12:37:27 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.
full member
Activity: 2142
Merit: 183
May 27, 2019, 11:08:58 PM
Cryptocurrency is still used mainly as an investment tool. As a means of payment, it is used very rarely, because the infrastructure for its use is not yet sufficiently developed and this makes its practical use very difficult. In addition, it is still in a state of development, over the past few years it has improved significantly, but vseravno, this is not enough.
Therefore, cash, and especially non-cash money of the states will not disappear anywhere. I think that they will always exist and will run in parallel with the cryptocurrency. In different situations, the most convenient type of means of payment is applied. While cash is still the most convenient in most cases, with the exception of large transactions.
full member
Activity: 1246
Merit: 102
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May 27, 2019, 09:33:02 PM
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
full member
Activity: 560
Merit: 101
May 27, 2019, 04:51:39 PM
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
member
Activity: 672
Merit: 14
May 19, 2019, 07:59:31 PM
Cash is needed everyday because it has evolved out successfully to become the main mode of payment in all businesses, stores, firms etc. The fiat is well known to the people and has got the support of the government as compared to cryptocurrency. Fiat will continue to be of great essence in everyday life until cryptocurrency reach the stage where it will be accepted by the mass across the globe.
full member
Activity: 1008
Merit: 101
May 19, 2019, 06:42:01 PM
Actually YES,I used crypto then convert into fiat..because cryptocurrency like bitcoin is not acceptable for all..in short bitcoin is not popular to used.... Unlike cash we used it even a small thing..bitcoin is good but no cash,is a worst thing.Smiley

Indeed, we cannot live without cash in our everyday lives.  We need this fiat for everyday expenses like transportation, foods especially when we are buying at the local wet market.  Eventhough crypto-enthusiast people are trying hard to spread the usage of cryptocurrency,  ordinary people are not yet ready especially merchants to implement cryptopayment since they still have doubts regarding this system and worst, they are actually ignorant about cryptocurrency.
I agree in your opinion, because if we dont have any cash its so hard for us to use it everywhere especially in case of emergency, Cash is important in our daily activities , and that it should not be lose. But its better to use both a crypto and cash.
You could be right mate but I consider crypto currency much better to use in case of urgent emergency than fiat, because when you will have your bitcoin in your mobile wallet you can carry it anywhere but no one will be aware of it but having so much cash in your pocket can make you suffer anytime to I prefer to carry bitcoin along with me, it is reliable and safe to use.
sr. member
Activity: 910
Merit: 284
May 19, 2019, 05:26:41 PM
We don't live the life without the help of money so in our daily life without the money nothing will be changed so for everything the money will helpful so I cannot live without the money for my daily life.
hero member
Activity: 1134
Merit: 500
May 19, 2019, 01:59:54 PM
Unfortunately i am not that specific type of person who is well organised, something like i can go shopping for food only once in two weeks. For this organised persons it is possible to have a life without cash but for those like me...it's impossible.
full member
Activity: 406
Merit: 100
May 19, 2019, 01:31:11 PM
The thing is, even the mother of cryptocurrency - bitcoin - is not widely accepted by every store, and we'll at least for my country, how else another crypto? I mean I know we're talking about the future wherein the possibility of the wide use of digital currency is possible but I think the priority first is the awareness of the shops and stores in accepting the major cryptocurrency and the fact that they know how block chain works.
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