There are no problems with digital currencies. We should abandon fiat altogether.
That's a bit radical and knowing the current state of living in almost every country, total abandonment of fiat is going to be impossible, how would the impoverished people exactly buy the needed tech to use for storing their wallet? Even if the government gives them which is unlikely to happen in third world countries, impoverished people are technologically illiterate so there's an unlikely chance that a what you're proposing could be successful right now.
Topic: Don't believe in digital money? Well... - page 2. (Read 1012 times)
In the very beginning people exchange items if they need. After that people use stone or some countable things for getting items. After that people starting the use of gold, silver and copper coin. When they face problem of counting people starting use of paper money. And now we are shortly use digital currency. Hope in the nearest future cryptocurrency will be the currency of all the country in this world. There will be no alternative for us without crypto currency in future. So believe in cryptocurrency, this will be the future.
The thief will often steal people's banknotes. The mobile phone is in hand, the possibility of robbery is not very big.
The thief can steal the credit card info with phishing or malware on the phone maybe easier than the banknotes. Unfortunately, for every form of money, there are thieves too. But yes, payments without touching the actual money is convenient. Just be aware, banks and others gather data based on when and what you buy and profile you based on that (some don't like that, some others don't care, but it's good if you at least know that).
How often do you actually have cash? It's rare that I do! The next item on this list is money.
In my country paper money is used way more than you'd imagine. But I still buy Bitcoin, since I expect world to ... evolve. As simple as that.
my country's mobile payment is very convenient, I have no habits with banknotes. The thief will often steal people's banknotes. The mobile phone is in hand, the possibility of robbery is not very big.
Nowadays, no matter how advanced internet technology is and digital currency is constantly changing, I still use paper money. I will plan for the unknown. When my mobile phone is out of power or an accident occurs, the money in my wallet will become the most important thing to help me, but we can see the difference between ten years ago and ten years later, I have to say that digital currency makes us now The world has changed dramatically.
Everyone may have their own preferences. I spend money more digitally than cash but as you said, it's different in your case. As far as losing money goes, it's much safer in a digital wallet than it is in cash.If your mobile phone is out of power, it only means that temporarily you are unable to access funds. In the case of cash, there are much worse scenarios and digital money might be recoverable while cash isn't. You cannot go to the bank with a mutilated note.
Since the corona virus, I have seen a growth in online transactions and people try and avoid interacting with others physically. This is also the reason why we have seen so much talk about Bitcoin and blockchain technology for the past 2 years.
There are no problems with digital currencies. We should abandon fiat altogether.
That's a bit radical and knowing the current state of living in almost every country, total abandonment of fiat is going to be impossible, how would the impoverished people exactly buy the needed tech to use for storing their wallet? Even if the government gives them which is unlikely to happen in third world countries, impoverished people are technologically illiterate so there's an unlikely chance that a what you're proposing could be successful right now.
Of course I believe. However, the demand for paper money is still high in the world. But I believe that one day the demand for digital money will increase in the world. The value of paper money will decrease. Maybe we can expect it between 2030 and 2040.
as time goes by, people will follow about technology, it will grow slowly, and spread from one thing to the other. people already know about digital money and they use it everyday to pay bill or the other. crypto, is different story because people wont think that bitcoin is digital money but asset.
Most of the people are not understanding the importance of crypto currency. In this digital world, digital payment method will be used, it is common. We have to follow the trends. If someone don't value at crypto currency then just ignore him/her. He/she will understand the value of it in right time but nothing to be done then.
There are no problems with digital currencies. We should abandon fiat altogether.
That's a bit radical and knowing the current state of living in almost every country, total abandonment of fiat is going to be impossible, how would the impoverished people exactly buy the needed tech to use for storing their wallet? Even if the government gives them which is unlikely to happen in third world countries, impoverished people are technologically illiterate so there's an unlikely chance that a what you're proposing could be successful right now. ............
You mentioned those line what is in my mind. What i want to tell but i couldn't get a person to tell everything like that. I had to use telephone to smartphone, paper mail to email, goods to paper money then mobile banking if people can easily adopted those things then why they are aware to adopt bitcoin. Its also a next level technology. Yeah we know none of those mentioned revolution didn't accepted by people when someone introduced first it takes time but accepted later. I think bitcoin is going to that road because bitcoin already adopted by El salvador and later it will be for all over the world.
You don't trust money in digital because this lack of understanding can lead to mistrust of cryptocurrencies' ability to keep consumers' money safe. For example, nearly a third (31%) of respondents believe that cryptocurrencies are quite volatile and that they need stability before they are ready to use them. There is also a common perception among consumers that cryptocurrencies will not last forever. A third (35%) believe that cryptocurrency is a trend that is not attractive enough to consider, you may not believe in money in digital, because you are influenced by the media you see often, but you should realize that money in digital is very popular.
if you don't believe in digital money, that's your right, but you need to know that times have evolved,
we used to buy things, we had to exchange them for goods, in the past TV has turned into the youtube era, once coins are now paper money, we used to walk, now we have a vehicle, it's actually very important for us to keep up with the times..
we used to buy things, we had to exchange them for goods, in the past TV has turned into the youtube era, once coins are now paper money, we used to walk, now we have a vehicle, it's actually very important for us to keep up with the times..
In our country, it is very comfortable to use digital currency, in my opinion, it makes things easier. Paying for food, shopping, paying electricity bills and others is all convenient when using digital money because it is not complicated and easy to just use the internet. However, paper money is still a dream for parents who do not understand technology and this is still very much in our country. Bitcoin digital currency has also emerged, but the government has not ratified it.
In time those who hate bitcoin and cryptocurrency will realize how amazingly superior cryptocurrency is over legacy banking. We are still in the crux of the exponential curve of mass adoption. It will became VERY apparent how superior it is in the years to come.
The analogies you made are very apt. Indeed, it's on the way to the point where we're going to stop using cash altogether. And that's where cryptocurrency comes in.
Nope that is inappropriate because how come that the cryptocurrencies will comes in when it is already here ? meaning we need to wait for cash being stopped before the crypto market bloom? remember that crypto is already trillion in market and almost 2 trillion in couple of months back.How often do you actually have cash? It's rare that I do! The next item on this list is money.
Then... Buy Bitcoins.
The analogies you made are very apt. Indeed, it's on the way to the point where we're going to stop using cash altogether. And that's where cryptocurrency comes in.
Nowadays, no matter how advanced internet technology is and digital currency is constantly changing, I still use paper money. I will plan for the unknown. When my mobile phone is out of power or an accident occurs, the money in my wallet will become the most important thing to help me, but we can see the difference between ten years ago and ten years later, I have to say that digital currency makes us now The world has changed dramatically.
How often do you actually have cash? It's rare that I do! The next item on this list is money.
Then... Buy Bitcoins.
Digital money is not only safer but also a lot more secure nowadays.Another reason that digital money is better than cash is because it is very easy to track and no worry about scammers ,fraud.Using digital currency you can complete payments much faster than current and near future the transaction done digitally.
the advantages of digital currency do provide benefits to humans about an effectiveness. but we live in a country so we can't do anything that can violate the law. Therefore, if there is a guarantee from the state or a regulation from the government, the people will obey it Jump to: