Do you need cash for everyday use? - page 6.

Tervelatuk

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Quote from: Twinkledoe on May 09, 2019, 06:03:54 PM

Quote from: jambul_kribo on May 08, 2019, 03:48:01 AM

Quote from: yusupjatigumilar on May 08, 2019, 03:37:54 AM

For now I still use both, because in the area where I live it is not so supportive for the implementation of the non-cash transaction system, it still takes a long time to achieve non-cash transactions that have to be prepared from the infrastructure to human resources. The use of non-cash transactions in my area is still limited to interbank transactions or with financial applications that are not non-cash crypto currencies.

in developed countries we still difficult to use cash less transaction.they have less system that allowed it.most of their merchants prefer traditional payment ,so they could take their money directly and used to circulate their busineess without any difficulties.traditional ways always survive.

Yes, I still do need cash for my daily necessities. If I want to buy like softdrinks, high chance that I will pay it in cash in the store not a card or something. Cash always comes in handy wherever I go. No other fuss included, unlike when you are using your credit card, might encounter any difficulty along the way.

traditional merchants still need cash for their operation.and i am sure if cryptocurrency implemented it will not touch 100% in all merchants.some traditional still need fiat and cash.

haseeb ahmed

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I think yes we need one to two decades more to convert system on cards. Suburbs areas in many countries do not provide facilities so you have to keep money to live

Twinkledoe

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Quote from: jambul_kribo on May 08, 2019, 03:48:01 AM

Quote from: yusupjatigumilar on May 08, 2019, 03:37:54 AM

For now I still use both, because in the area where I live it is not so supportive for the implementation of the non-cash transaction system, it still takes a long time to achieve non-cash transactions that have to be prepared from the infrastructure to human resources. The use of non-cash transactions in my area is still limited to interbank transactions or with financial applications that are not non-cash crypto currencies.

in developed countries we still difficult to use cash less transaction.they have less system that allowed it.most of their merchants prefer traditional payment ,so they could take their money directly and used to circulate their busineess without any difficulties.traditional ways always survive.

Yes, I still do need cash for my daily necessities. If I want to buy like softdrinks, high chance that I will pay it in cash in the store not a card or something. Cash always comes in handy wherever I go. No other fuss included, unlike when you are using your credit card, might encounter any difficulty along the way.

Sum24

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Quote from: jambul_kribo on May 08, 2019, 03:48:01 AM

Quote from: yusupjatigumilar on May 08, 2019, 03:37:54 AM

For now I still use both, because in the area where I live it is not so supportive for the implementation of the non-cash transaction system, it still takes a long time to achieve non-cash transactions that have to be prepared from the infrastructure to human resources. The use of non-cash transactions in my area is still limited to interbank transactions or with financial applications that are not non-cash crypto currencies.

in developed countries we still difficult to use cash less transaction.they have less system that allowed it.most of their merchants prefer traditional payment ,so they could take their money directly and used to circulate their busineess without any difficulties.traditional ways always survive.

May be it is true but it is not good because we know having cash is not good for our heath and life we can get robbed so in this case at my place there is no one who don’t know the use crypto payments, very soon we are gona see the cashless society where there will be no mote paper money but only crypto currency because it gives fast and easy money transaction from one county to the other. Crypto currency is future according to me.

jambul_kribo

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Quote from: yusupjatigumilar on May 08, 2019, 03:37:54 AM

For now I still use both, because in the area where I live it is not so supportive for the implementation of the non-cash transaction system, it still takes a long time to achieve non-cash transactions that have to be prepared from the infrastructure to human resources. The use of non-cash transactions in my area is still limited to interbank transactions or with financial applications that are not non-cash crypto currencies.

in developed countries we still difficult to use cash less transaction.they have less system that allowed it.most of their merchants prefer traditional payment ,so they could take their money directly and used to circulate their busineess without any difficulties.traditional ways always survive.

yusupjatigumilar

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For now I still use both, because in the area where I live it is not so supportive for the implementation of the non-cash transaction system, it still takes a long time to achieve non-cash transactions that have to be prepared from the infrastructure to human resources. The use of non-cash transactions in my area is still limited to interbank transactions or with financial applications that are not non-cash crypto currencies.

fasdorcas

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Quote from: shield132 on May 07, 2019, 02:07:26 PM

Quote from: Carreuh on May 07, 2019, 12:13:08 PM

Although there are some countries that have ratified the cryptocurenncy currency as a legitimate currency even though it is not the main currency in the country but has been recognized as a legitimate payment instrument but in my country it is still prohibited to spread this cryptocurenncy currency and therefore we still desperately needs cash for our daily activities in this country

Where is btc illegal? Where will you go in jail for using it? I think nowhere. Well, let's say bitcoin is "legal" in specific country, any idea here? You can't pay everything with it, you can't get job that will pay you in btc (don't mean online jobs), you can't pay bills in bitcoin. In any way, you need to convert your bitcoins in cash, this way you can live with btc everywhere but direct payments are far away.

I can't really find which governments have been completely legalized bitcoins or the cryptocurrencies. The cryptos are still struggling a lot for most of the governments to make them legal so I am sure that most of the countries might not be having the facility to shop directly with your bitcoins. It is a challenging task for each of us to trade bitcoins for physical good like food, clothing and shelter.

We need cash to fulfill our demands and to also take care about our luxuries. There is a need for the cryptos to make some existence in the markets so that wholesale dealers come to know about them and they are been included in the international trade markets.

Robotbitcoin22

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Quote from: IraKit on May 07, 2019, 02:44:24 PM

I am annoyed by the fact that not everywhere you can pay with a card. When in a small store I am informed that payment is only in cash, I get angry

if you are disturbed and want to pay with a card I suggest you look for a bigger store so that you are not disturbed. surely not all stores accept payment from a card, they are also the same as we want to make money for their lives. so do not live arbitrarily and at will because all of them have rules.

SirLancelot

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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.

Well my answer here would be I use cryptos more than cash. I prefer investing much of my earnings so anytime I get a payment, I invest fixed amount if it and spend the rest by converting it to cash. I have not stopped using cash entirely as I do use cash to carry my daily transactions as there are not much opportunities to spend you daily expenses with bitcoins so it really makes using cash probably more easier.

I would like to learn more about your project and I would surely support it if everything goes great for the project. But I did not actually understand your concept. Are you insisting the use of cash pr cryptocurrencies?

Bagaji

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Quote from: goaldigger on March 19, 2019, 11:06:00 AM

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

Can you really use only cryptocurrencies or fiat without cash form in everyday life?

For the current state of my country, i cannot use cryptocurrency almost all of the time. We still dont have any technology that can support a fully non fiat payment system although we are a free country that can use cryptocurrency as we want. The least we can do now is to buy load and pay bills using crypto through an app.

It will be nice if can tell us the particular country you are from so that some of us will believe in your submission above. Personally, I make use of cash almost every day because the acceptability in my country.

IraKit

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I am annoyed by the fact that not everywhere you can pay with a card. When in a small store I am informed that payment is only in cash, I get angry

shield132

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Quote from: Carreuh on May 07, 2019, 12:13:08 PM

Although there are some countries that have ratified the cryptocurenncy currency as a legitimate currency even though it is not the main currency in the country but has been recognized as a legitimate payment instrument but in my country it is still prohibited to spread this cryptocurenncy currency and therefore we still desperately needs cash for our daily activities in this country

Where is btc illegal? Where will you go in jail for using it? I think nowhere. Well, let's say bitcoin is "legal" in specific country, any idea here? You can't pay everything with it, you can't get job that will pay you in btc (don't mean online jobs), you can't pay bills in bitcoin. In any way, you need to convert your bitcoins in cash, this way you can live with btc everywhere but direct payments are far away.

Carreuh

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Activity: 560

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Although there are some countries that have ratified the cryptocurenncy currency as a legitimate currency even though it is not the main currency in the country but has been recognized as a legitimate payment instrument but in my country it is still prohibited to spread this cryptocurenncy currency and therefore we still desperately needs cash for our daily activities in this country

senin

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It can be said that the cryptocurrency is still taking the first steps for the introduction into our life and before its full implementation will take place for decades. However, in any case, I think that the cryptocurrency will be one of the many means of cashless payments and will only go along with cash and non-cash forms of payments of ordinary currency. National currency is needed for the development of the economy of each state, so it will be tightly guarded and controlled by each state, and therefore will never disappear.

jademaxsuy

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Quote from: goaldigger on March 19, 2019, 11:06:00 AM

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

Can you really use only cryptocurrencies or fiat without cash form in everyday life?

For the current state of my country, i cannot use cryptocurrency almost all of the time. We still dont have any technology that can support a fully non fiat payment system although we are a free country that can use cryptocurrency as we want. The least we can do now is to buy load and pay bills using crypto through an app.

Well, you do not need to worry there buddy using bitcoin is only an option. Now, why you need to use bitcoin anyway? Are you having huge transactions and just want to be an anonymous locally in your own country?

Bitcoin is indeed useful in to some scenario. This is why to.those users alreadt using bitcoin are fortunate enough already because they are benefiting the technology.

Janation

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Quote from: alonelyorange on May 03, 2019, 02:54:34 AM

My country is not available using bitcoin as payment transaction and needed cash money for daily transaction, we buy every thing in my daily day have use cash money to pay and bitcoin only legal for investing and trading.

In our province, it is not that it isn't available, in fact, it is legalized in our country.

The reason that we are not using Bitcoin is that no one is using it until now. I live in a city now but in the past, I live in the province and until now I am still asking them if they are now using or some places are accepting Bitcoin but it is not. I think the main reason for this is that most of the people that usually have a store here are not that big and what they will be needing for the family or other things that include money will be from the profit or the money they earned that day. It is true that Bitcoin still can be used in that but the thing is that no one is using it here so even if you accept Bitcoin here, you will be just saving them since you are the only one accepting it. Another thing I guess is the internet connection, we do have it but not all of us have access to it, in fact, a lot of people can't even use a computer.

LogitechMouse

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At this moment, we need cash to pay some bills, pay some debts, pay to stores and to pay somebody who worked for us. There are many establishments in our country that doesn't accept cryptocurrencies so I need cash to pay. I'm expecting that many establishments will accept Bitcoin in the future since there are many coins out there that can be use to pay merchants.

Argoo

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Quote from: spike420211 on April 30, 2019, 04:27:30 PM

Sometimes it is very convenient to have cash, but perhaps this is due primarily to the fact that not everywhere there is an infrastructure that allows you to pay with electronic money.

In our life there are many unusual situations for making various purchases not in specialized stores. In these and many other cases it will be very convenient to use cash. In addition, technology can always fail. I think that we will always need cash. This is a simple means of payment, which has long been tested by time.

Xalata

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We still need to use cash in our daily lives because cryptocurrencies are not accepted everywhere and even most countries have still not legalized their use. In the future, we hope to see this change so that we can use cryptocurrency to make transactions.

dameh2100

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In my country, i can’t leave without money on my pocket. Unless if i have credit card to pay my stuff and bills, but not every stores here can’t accept credit card. If you are asking if cryptocurrency can use here in everyday life, it can’t happen here in my country, because cryptocurrency is not really popular especially in our province, most stores here will tell you to pay in cash. But if you want to buy some stuff, you can use online stores and buy it without cash using debit, credit card, mobile banking, paypal or even in cryptocurrency.

Topic: Do you need cash for everyday use? - page 6. (Read 2988 times)