Topic: Do you need cash for everyday use? - page 8. (Read 2960 times)
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.
yes we use mostly cash for everyday use because i belong to a developing country where the electronic money is not much familiar here so we use mostly cash for use and some time banks are also good to perform functions for us but with time now many can use crypto for online purposes. Crypto currencies are famous among the young generation.
I think not only your country, most countries around the world always use mainly cash, cash by their side every day because the acceptance range is spacious, easy to use and convenient, there are not too many troubles that can occur during the transaction, while the methods always have problems such as delays, unable to confirm or accept. Although crypto is very popular among young people and some people are using it to pay online but the number is still very few when the feature of crypto is investment, using it for payment is not a smart thing good if that value of crypto can increase in the future 
yes we use mostly cash for everyday use because i belong to a developing country where the electronic money is not much familiar here so we use mostly cash for use and some time banks are also good to perform functions for us but with time now many can use crypto for online purposes. Crypto currencies are famous among the young generation.
On our government/market state right now you cant live with just bringing credit card,you need to have fiat currency on your wallet in order to buy goods that you want that will make you live daily.Yeah cashless payments are now accepted but not all shops do accept it
In the future, this kind of transaction might be available especially if the government allows cryptocurrency to be use by their own people. Fiat and cryptocurrency can also coexist and people will surely get benefit by this kind of arrangement. At this present, only fiat is being used in transactions that requires both physical and cashless methods.
Yes, I use cash but not often. I always prefer cashless transactions (Gcash, Paymaya) 'coz it's fast, hassle-free and convenient. It saves me a lot of time which I can use in other productive things. I don't think we need cash for everyday use in this 21st century, not unless what you are going to buy is much lower than the transaction fees like candies. It's nice to take advantage of the great technology of cashless transacting. In bitcoin's transaction's case, it's wise to save it for future investment than to be used as payment method now, considering the high transaction fees associated with it.
These are mobile wallets (Gcash, Paymaya.etc) and I think that they are quite popular in the Philippines. Here in India also, the mobile wallets are getting very popular (PayTM, Mobikwik, Google Pay.etc). One of the reasons why they are so popular is because of the promotional offers. I prefer them for booking flight tickets and for ordering food, because of the cashback offers. Now they are so popular that the credit card usage is going down and this has got the banks very concerned.
Yes, I use cash but not often. I always prefer cashless transactions (Gcash, Paymaya) 'coz it's fast, hassle-free and convenient. It saves me a lot of time which I can use in other productive things. I don't think we need cash for everyday use in this 21st century, not unless what you are going to buy is much lower than the transaction fees like candies. It's nice to take advantage of the great technology of cashless transacting. In bitcoin's transaction's case, it's wise to save it for future investment than to be used as payment method now, considering the high transaction fees associated with it.
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,
As long as cash, the paper money or fiat remains the dominant currency within our countries, it will continue to be a necessity in everyday life. The paper money has got the legal backing of the governments of all countries across the globe and its usage is very familiar to the people as compared to other digital forms of currencies like cryptocurrency. It will take some time for the people to fully understand cryptocurrency and its benefits before embracing it all over the world.
With more and more payment support, starting from usage of cards to the scanning of a QR code with a mobile things have been made much easier to access in daily life. However this can be experienced much on the urban areas of the country. Over the village region still the cash plays the major role in all form of transactions.
Fiat money still the majority had people used everyday, we can't live without this. We are something elevated right now with the existence of virtual currencies as another option but only those people who are at high level of the society.It really takes time before there is a huge adoption of cryptocurrencies knowing that in some areas where there is no internet ain't possible for them to access this one and they'll never know actually for this.
With more and more payment support, starting from usage of cards to the scanning of a QR code with a mobile things have been made much easier to access in daily life. However this can be experienced much on the urban areas of the country. Over the village region still the cash plays the major role in all form of transactions.
In my country it's now not impossible to live without fiat money, but there are very much options to pay by cards, phones, online payments that live without cash is possible now. f you think about crypto in my city there is only one shop and it is a bakery, so I can tell that I could survive here without cash.
As of this moment, yes if you are talking about fiat. I think if a huge trend using either digital payment or cryptocurrencies can make me not use cash anymore except small stores in our area. But I know that in the future, I won't use fiat anymore and just scanning qr codes to use crypto for paying.
I don't if that will happen, at least I can admit that I don't see the future, bitcoin could fail or succeed, but me I'm betting on the success of it. I just hope that time will come the government can fully regulate crypto that will satisfy users as that's the only way it will gain massive adoption.
Too early now, at this early stage it's good to take advantage to invest and take a percent of the total supply, who knows it gives fortune to us.
No doubt - Bitcoin will be used for a long time, but it will not kick fiat out from our life. We need cash for everyday use. Not all people use online services and not each one makes payments with credit cards.
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 still some merchant or business that doesn't accept online payments and preffer to get paid via cash .
Everyone has different principles and ways of life and one of those things. they don't like it or don't really want it to accept payment with an internet network that can't be felt and held.
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 .
The regular companies prefer to take cash for reasons like black accounting in third world countries. Big companies the developed countries take the challenges easily and they can adapt faster. Crypto payments are early and they need time to see real development. There are still some merchant or business that doesn't accept online payments and preffer to get paid via cash .
Tax evasion is a big thing in the third world nations, but many of the bigger nations such as India and Indonesia have started to crack down on the physical cash transactions. In India, individuals need prior permission to keep cash worth more than $3,000 in physical form. But the change will be really slow and will attract the hostility from a lot of people.
I still need cash for payment at some merchants that do not support online/digital payments like in traditional markets. Most merchants in my country have received payments with digital money but unfortunately crypto payments are still considered illegal.
so, do i need cash for everyday use? answer is yes but not often. at least i have to save some cash in wallet just in case.
so, do i need cash for everyday use? answer is yes but not often. at least i have to save some cash in wallet just in case.
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 .
The regular companies prefer to take cash for reasons like black accounting in third world countries. Big companies the developed countries take the challenges easily and they can adapt faster. Crypto payments are early and they need time to see real development. There are still some merchant or business that doesn't accept online payments and preffer to get paid via cash .
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 still some merchant or business that doesn't accept online payments and preffer to get paid via cash .
We have to admit that digital currencies are taking hard time to introduce to all of the people as we can see, not all people are technological savvy. And many of us are still using the old fashioned way of either withdrawing or depositing moneys. For me I really need hard cash on my pocket. Transactions are easily done with cash. 
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.
This is difficult to implement because most countries only accept payment in local currency and no one pays bitcoin but in the future it may be possible,I am currently selling the softeners and making them money to buy
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