Do you need cash for everyday use? - page 7.

marcous

hero member

Activity: 2478

Merit: 512

Leading Crypto Sports Betting & Casino Platform

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.

Yes, you got it right! Cash will remain a crucial priority in every transaction, especially in traditional transactions. unless you shopping through online, and cash will still apply wherever you are.

viananda2525

full member

Activity: 1130

Merit: 133

Quote from: moynul2050 on May 03, 2019, 04:22:57 AM

I do financial transactions everyday using the FIAT currency with a cash payment system. so that I still need cash in this life, I only do digital financial transactions several times every month.

in any condition we still need it.digital currency just used to in several part but its not dominate in our life.traditional transaction be conventional way for old people.they thing this more practical than using digital currency.

moynul2050

sr. member

Activity: 812

Merit: 250

I do financial transactions everyday using the FIAT currency with a cash payment system. so that I still need cash in this life, I only do digital financial transactions several times every month.

OrangeII

hero member

Activity: 2170

Merit: 503

Reward: 10M Shen (Approx. 5000 BNB) Bounty

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.

well, just like my country, bitcoin is prohibited from being used as a medium of exchange, because that would make fiat not used. however, it may be another business tool. well, so I use cash every day, especially if I have an interest.

alonelyorange

member

Activity: 532

Merit: 10

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.

Sithara007

legendary

Activity: 3346

Merit: 1352

Leading Crypto Sports Betting & Casino Platform

Quote from: illnino on May 02, 2019, 02:11:53 PM

Quote from: cramcram21 on April 30, 2019, 05:14:08 PM

Here in my country, we use cash most of the time.
The bigger establishments is the one that accepts card payment or online payment.
The small business only accepts cash thats why we use cash almost all the time. And your proje t would be a very big help for us, crypto users to pay with our crypto like a regular currencies/money.

The same situation is here, where I live. Although more and more people use online payments, they prefer to work with traditional money. Cryptocurrencies seem to them too volatile, which is true.

Volatility is an issue with crypto. If you want to go to the super-market and purchase something, then you'll notice that the prices for all the commodities are given in terms of fiat cash. So if you are making the payments with fiat, you don't need to worry about the volatility in the exchange rate. On the other hand, if you want to make payments using crypto, you need to check the prices every 1-2 hours. Because the exchange rates can very as much as 5% within a short period of time.

kumala_abi

sr. member

Activity: 798

Merit: 250

GoMeat - Digitalizing Meat Stores - ICO

Quote from: illnino on May 02, 2019, 02:11:53 PM

Quote from: cramcram21 on April 30, 2019, 05:14:08 PM

Here in my country, we use cash most of the time.
The bigger establishments is the one that accepts card payment or online payment.
The small business only accepts cash thats why we use cash almost all the time. And your proje t would be a very big help for us, crypto users to pay with our crypto like a regular currencies/money.

The same situation is here, where I live. Although more and more people use online payments, they prefer to work with traditional money. Cryptocurrencies seem to them too volatile, which is true.

they still affraid with its volatility.saving traditional money give them more certainity in value.they will not loss thier value if they kept it.but it will bring consequence they must bring it every in big amount.

BossMacko

hero member

Activity: 1134

Merit: 502

In my Country yes, we do need cash for everyday use. Pay for gas, buy food, monthly bills especially if your work is at night. All the stores that are open are for people with cash only not electronic transactions or online payment during the night. But during the day some transportation have a card wherein you just need a balance to that card and you can ride the train.

dmamigo

sr. member

Activity: 1232

Merit: 250

For me, it totally depends on the scenario. In many cities of my country, people have gone cashless or trying to, but within them, there are people who do not believe in the online mode of payments.

Recently I helped one person with this and he is now happily using it which made me realize that many of them don't even know about this, so there is a lack of knowledge and education regarding this even if there is the option.

I think at first they should know about the online mode of transaction and then they will get to know about the cryptocurrency.

illnino

full member

Activity: 756

Merit: 100

Quote from: cramcram21 on April 30, 2019, 05:14:08 PM

Here in my country, we use cash most of the time.
The bigger establishments is the one that accepts card payment or online payment.
The small business only accepts cash thats why we use cash almost all the time. And your proje t would be a very big help for us, crypto users to pay with our crypto like a regular currencies/money.

The same situation is here, where I live. Although more and more people use online payments, they prefer to work with traditional money. Cryptocurrencies seem to them too volatile, which is true.

sana54210

legendary

Activity: 3318

Merit: 1128

That’s your choice, but most of the things you will do these days you will need to make use of cash most of the times. Take for example you got to a local market to buy some stuffs you need, are you going to pay them with Bitcoin or PayPal? It’s still that cash that you will need to make payment and that’s just 1% out of things that you might across everyday that might require you to make use of cash. Though in some situations you will need just your own credit or debit card, or even an mobile payment app like that of PayPal and the rest of them.

Quote from: TheWalkingCoin on April 29, 2019, 08:49:19 PM

we are always need cash for daily transaction because my country still not allowed using bitcoin as payment transaction, my country still illegal using bitcoin as transaction but legal bitcoin as investment or trade,

Is Bitcoin the only online payment system there is? Why not make use of other way if you need to make use of online payment? And btw there are many other ways that people can make payment, Bitcoin is even the least on the list, cause there are POS and they are almost every stores you get in these days. Then there are mobile apps and the rest of them that you can use to make payments. In my country there’s no law that states whether Bitcoin is legal or illegal, so I make use of Bitcoin, but I don’t see anyone here making use of it. It’s mainly cash that I use. Only make use of Bitcoin for the part time jobs I do.

Kez1817

member

Activity: 909

Merit: 17

www.cd3d.app

I can't live without cash because i used it in my daily lives. I can't buy without cash,and also i converted my crypto into cash before i can use it here in my country. Since then cash is very important even cryptocurrency exist. Cash is the major payment method in exchange of goods and services in our country.

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

It's hard to survive in my country if you don't have cash. Crypto adoption is still on the way although the amount of crypto transaction made to my country for this year has increased tremendously base on the research that I've read. But as much as possible if the transaction can be made with bitcoin, I'm doing it without any doubt. Cashless society, we're going there and it is imminent. One of the best use that I've made with bitcoin is to top up for my account on TNVS'.

cramcram21

sr. member

Activity: 854

Merit: 251

★777Coin.com★ Fun BTC Casino!

Here in my country, we use cash most of the time.
The bigger establishments is the one that accepts card payment or online payment.
The small business only accepts cash thats why we use cash almost all the time. And your proje t would be a very big help for us, crypto users to pay with our crypto like a regular currencies/money.

spike420211

sr. member

Activity: 1610

Merit: 372

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.

bitcoin31

hero member

Activity: 1834

Merit: 523

Quote from: rijaljun on April 30, 2019, 07:03:45 AM

Well, in my country it is not allowed to use crypto currency for any payment or will be jailed. Also, there are still a lot of merchants that have not used virtual payment. So, beside to follow the law, using cash is more comfortable for me for my daily use even it's not really efficient in my opinion because I need to bring my wallet which is not really small anywhere.

Really once you use bitcoin or crypto you will going to jail? Where country do you live? So what are your alternative way to cashout your bitcoin to convert into fiat? So sad to hear that your place is not fully adapted of bitcoin and they have punishment also because everyone caught use crypto will go jail if that's true. But you can use cash to for your daily needs because the money you use is from crypto is also same .

ghermghuda

jr. member

Activity: 284

Merit: 5

well the world is gradually developing and we are moving towards a digital world and cash is becoming obsolete someway. World Bank made a poll recently and it was found out cash won't survive the next decade, two or more. As time goes by, we'll evolve and move on to something new.

Best Dreams

full member

Activity: 1008

Merit: 101

Quote from: xvids on April 29, 2019, 08:27:53 AM

Yes we still need it for our daily transaction we couldn't use crypto or any online payment even cards for every transactions .
There are still some merchant or business that doesn't accept online payments and preffer to get paid via cash .

There are some but most of them are accepting online payments, we will live better lie if we will use online purchasing because it saves our time we will be able to get free and fast transaction, it is best way to send money safely from one country to the other, if we pay with cash it will be good but I use it when I have no other option.

Irviyandi

full member

Activity: 532

Merit: 101

Yes, I really need cash in days because cash is the main transaction tool in my daily life, and most sellers in my area use and almost never use digital currency.

brotherwood12

member

Activity: 686

Merit: 30

yes , i use it a lot , the reason is here (indonesia ) , just few thing can buy with card / cashless . many people selling something just accept cash money

Topic: Do you need cash for everyday use? - page 7. (Read 2988 times)