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Topic: Do you think there's another way to pay in the future? - page 12. (Read 3395 times)

jr. member
Activity: 322
Merit: 1
I think that there will be another technology aside from btc in the future but as what you had commented about implants,  I am not in favor of it since it might have a negative effect on one's body. Even if it has better advantages than cryptocurrency in terms of technology,  I don't think the people in general would be in favor to such implants.
sr. member
Activity: 1624
Merit: 250
It can be done by applying force to people and it is the end of the democracy. I think it's too early to think about it, we still use paper money. First, we should expect paper money to be converted to digital money.
newbie
Activity: 140
Merit: 0
methods of payment will always be great and great because there is a bunch of all kinds of services and types of currencies, but I believe that soon bitcoin will be at the leading positions as a currency for payment.
full member
Activity: 406
Merit: 100
Im thinking like an micro chip implanted in our body. This system is not out of the picture because how we discover things every year, it is not impossible that in the future this things may happen and it will boom like btc.
Maybe with some bracelet or so. A microchip in our body is definitely a terrible idea. I like the NFC solution so far, combined with a crypto could be something cool.
full member
Activity: 406
Merit: 100
BAILOUT
Cryptocurrencies are not the end, but something like you said does not make sense for me because such thing might end up with a data from your body  Cheesy
newbie
Activity: 51
Merit: 0
In essence, Bitcoin becomes the new payment system of the world, and it has only just begun. Therefore, this may be another way of payment in the future, in fact, I believe that there will be more than one Smiley. The world will love a system that I believe and will use it throughout the world.
member
Activity: 420
Merit: 24
It's possible but I doubt it. There are still a lot of people that values privacy specially when it comes to their wealth. Imagine if the chip is implanted in your hand or any part of your body and criminals will always do anything to get access to that chip and your bringing it with you everytime. You'll just endanger your life. So for me crypto is still the best money for the future and I know that there are still so many flaws that we encounter with regards to scalability and security issues but few decades from now those issues will be addressed and everything will come out as what we always planned to be.
copper member
Activity: 303
Merit: 0
Im thinking like an micro chip implanted in our body. This system is not out of the picture because how we discover things every year, it is not impossible that in the future this things may happen and it will boom like btc.

And don't you think it is the dystopia? Nowadays intruders can find where your phone is, connect to your web-camera, take information from your gadgets. And if your opinion is true - it would be horrible because of total control of people. Next step - intruders will know where you are, what are you doing, all your transactions and so on. I think it is nightmare
newbie
Activity: 4
Merit: 0
Yes,there's another way of paying in the future because were in a new generation and our  world is growing so fast
newbie
Activity: 70
Merit: 0
In my opinion i dont think so yet, but i wish theres another way to pay through the future will come theres have because in our technology are upgraded,
actually i believe there will be more than one, like bitcoin because bitcoin is just started.
 
newbie
Activity: 14
Merit: 0
Yes ofcourse it can be another payment method in the future, actually i believe there will be more than one Smiley The Bitcoin becoming the new worlds payments system and it has just started. The world will love the system i believe and will use it, all over the world. But in 2050 there will be many more i am quite sure of it..

It's a very interesting food for thoughts to imagine what money systems could look like in 30 years time in the future.... I'm sure it will be surprising and very interesting!

member
Activity: 350
Merit: 10
Yes ofcourse it can be another payment method in the future, actually i believe there will be more than one Smiley The Bitcoin becoming the new worlds payments system and it has just started. The world will love the system i believe and will use it, all over the world. But in 2050 there will be many more i am quite sure of it..
legendary
Activity: 3080
Merit: 1500
Im thinking like an micro chip implanted in our body. This system is not out of the picture because how we discover things every year, it is not impossible that in the future this things may happen and it will boom like btc.

It is already a reality. The system name is proximity sensor payment system. Check the below video to know more,

https://www.youtube.com/watch?v=hTBJ6OIGkzc

However, till the time the sensor is installed according to your own wish and no government controls are in place, we are all good with it. However, if this is enforced by the government, then you will be tracked for your every movement, every single transaction and every single thing you do in your daily lives. There is a difference between enforced and intentional. So it should be intentional rather than enforced!
newbie
Activity: 26
Merit: 0
Everyone is hoping that Bitcoin or Altcoin will dominate the world currency in the future. May be a breakthrough in the exchange. Do you think so?
newbie
Activity: 28
Merit: 0
Technological advances are endless.
As long as we don't stop thinking, it's just a matter of time.
newbie
Activity: 22
Merit: 0
The paying method you mentioned is implemented several years in Lund university in Sweden.

And today in China, Alipay is supporting to use your face without taking the mobile to pay if you set the permission.

One step closer to complete surveillance over who pays for what. Once the government can monitor every payment being made they'll be able to sell that data to corporations. It'll be every economist's wet dream.

This face transaction business is a bit worrying to me. I don't think I would support that myself. It's like the chip implementation or fingerprint reading system that they've got in mind for cardless transactions. The problem is many countries are still resistant to the concept of not having cash in their pockets.
jr. member
Activity: 916
Merit: 1
I think that crypto currencies ARE already a future. No one could even predict and imagine that today we already can buy almost anything using btc and other cryptos. And your idea about chip can have a place. I saw the reply about total control and that it's not the best idea but we already move to that side. Or you think that now we're free and not under control? The simple example is Internet and mobile phones.
newbie
Activity: 14
Merit: 0
Maybe a biometric technology to identify you as an account holder?
Some banks already have it now allowing you access after the system has learned  how to recognize your voice.
newbie
Activity: 18
Merit: 0
The paying method you mentioned is implemented several years in Lund university in Sweden.

And today in China, Alipay is supporting to use your face without taking the mobile to pay if you set the permission.
newbie
Activity: 504
Merit: 0
Maybe later in the future everyone must bring a card if they want to buy anything, the card will be scanned by the merchant, in buying anything we don't need to use money, we only bring a card, all payments will be billed by the center when the end month.
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