Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
A cashless society will be really great for the society because it will be much faster in paying your bills and buying your expenses and you also do not need to accept a change you only need to type the exact price of your bill. But i think it could have a problem because people could make fake online money and could hack into your wallet, so i think it is still better to have a cash as a alternative. 
Topic: Imagine a cashless society (Read 1802 times)
imagine a cashless society which runs completely on cryptocurrency then world will be on decentralised mode with no inflations of prices
Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
I think this will happen regardless of Bitcoin. The US economy (to pick one example) is a lot closer to being a cashless society than it is to being a Bitcoin society. Most transactions are already electronic. People get paid electronically, pay bills electronically, and can already access all their accounts on their phone. Just about every merchant takes all major forms of electronic payment: credit cards, ACH, debit, PayPal, etc. Bitcoin is nowhere near being widely adopted. It's likely the advancements in electronic payments in the traditional banking sector are a bigger threat to Bitcoin than anyone realizes. Bitcoin doesn't offer any improvement over traditional electronic payments.
Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and offer course the security. Do you guys think this could happen in the future of bitcoin?
Don't worry the world is going towards this kind of payement and I don't think that is happening in a long time actually I bet it gonna happen in 15 years tops as it makes tracing the sources of money easy prevents crimes.
Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
In my own point of view, it will be very convenient and very useful to the society if it has been approved by the government. If we have a cashless society we are not seeing people standing in a line anymore because it is more faster and we can send our payment through online. And we will not having troubles in bringing a lot of cash and coins instead we only need to bring is our cellphone. 
Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
That's awesome world.
But I think using single currency like Bitcoin is not good idea. If you transfer money to the wrong people (bitcoin use address, not the bank ID, it doesn't show the recipient's name), you will not be able to get your money back. Yes, Bitcoin is a modern, fast, convenient currency, but it's not suitable for daily life. If Bitcoin want to be daily currency, it may need to change. The amount of bitcoin is limited, but our need is infinite. I think bitcoin is not a good choice. In cashless world, Bitcoin should be extra selection, i don't hope it will replace cash.The biggest problem with Bitcoin is that it's too convenient for criminals. I don't think "mankind" like it.
Actually our need is not infinite. We, the whole population of the world, need from 60 to 75 trillion USD to be able to make our payments. Once I came to conclusion that even Bitcoin alone could satisfy the need if 1 satoshi was worth around $0.04. But taking into account that we have other good cryptos the world could definitely be good with cryptocurrencies replacing all the money. This will hardly happen in the nearest future though, becuase people are slow to accept changes .
Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
Having a cashless society will be a great idea but still there is a disadvantages for that. Yes, it will make our life easier for having a more faster transaction by paying through our btc and by just bringing our mobile phone but as we all knew scammer is also adapting technology so it means that they also find/make ways how to scam this kind of methods, so we better be extra careful keeping our passwords/private keys and just make it sure your not making transactions to scamming site. Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
Yes I believe this is possible, a one currency for cashless society,for me this idea is the best thing that will happen in the history of humanity. Imagine after how many years, finally human has managed to create something that will set everyone free from the system that is full of unwanted experiences and emotion that even just for a simple transaction you need to fall in line and wait for your turn.
Chances are possible, but there are many things that need to be fixed. It needs support from governments around the world, while many countries are banning bitcoins. There should be socialization and completeness of facilities that support it.
Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
A non-cash society will definitely grow, so many people are joining Bitcoin to get virtual currency, and the world is now developing a virtual currency with a big model. , I think in the future cash will not survive to grow as many virtual coins. In my country cash has been less used.Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
A non-cash society will definitely grow, so many people are joining Bitcoin to get virtual currency, and the world is now developing a virtual currency with a big model. , I think in the future cash will not survive to grow as many virtual coins. In my country cash has been less used.
Yes, it is hard to imagine a society without cash. There are too many problems going around paying for the costs of living or trading. bitcoin, crypto, debitcard can replace cash with features that are nice and efficient. However, internet problems or features from the technology required require such things as a device, a computer, or a phone. It can cause more hassle or complexity in making payments.
I do not think that the government will remove cash - one that is considered the most successful tool in their centralized operation and management. So, I think the cashless society is not feasible in the real world.
I do not think that the government will remove cash - one that is considered the most successful tool in their centralized operation and management. So, I think the cashless society is not feasible in the real world.
Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
That's awesome world.
But I think using single currency like Bitcoin is not good idea. If you transfer money to the wrong people (bitcoin use address, not the bank ID, it doesn't show the recipient's name), you will not be able to get your money back. Yes, Bitcoin is a modern, fast, convenient currency, but it's not suitable for daily life. If Bitcoin want to be daily currency, it may need to change. The amount of bitcoin is limited, but our need is infinite. I think bitcoin is not a good choice. In cashless world, Bitcoin should be extra selection, i don't hope it will replace cash.The biggest problem with Bitcoin is that it's too convenient for criminals. I don't think "mankind" like it.
It would be ideal, but in reality I think it will be impossible. At least in the near future.
How convenient would it be if the world used one unified language? one unified measurement system? and so on?
Government, history, customs etc are the reasons behind blocking such process.
Probably Yes. Cashless is a word which literally means having no cash but in today’s world, it refers to using digital form of payments instead of cash for payment of various expenses or transactions done by the individual. In order to understand this term better let’s look at advantages and disadvantages of cashless economy.
The first and foremost advantage of cashless economy is that an individual does not need to carry cash with him or her everywhere which in turn reduces the chances of theft from wallet, reduces inconvenience due to carrying cash, give freedom from problem of change when transaction is of odd amount, no risk of receiving counterfeit currency and so on.
But sad to say that the biggest disadvantage of the cashless economy is that not everybody has the knowledge of doing digital transactions and hence its reach is limited to urban and semi-urban centers only and therefore it is very difficult to implement cashless economy in the big country where many sections of the society in rural areas is illiterate and poor. Hence the lack of proper infrastructure and education among citizens is disadvantageous as far as the cashless economy is concerned.
The first and foremost advantage of cashless economy is that an individual does not need to carry cash with him or her everywhere which in turn reduces the chances of theft from wallet, reduces inconvenience due to carrying cash, give freedom from problem of change when transaction is of odd amount, no risk of receiving counterfeit currency and so on.
But sad to say that the biggest disadvantage of the cashless economy is that not everybody has the knowledge of doing digital transactions and hence its reach is limited to urban and semi-urban centers only and therefore it is very difficult to implement cashless economy in the big country where many sections of the society in rural areas is illiterate and poor. Hence the lack of proper infrastructure and education among citizens is disadvantageous as far as the cashless economy is concerned.
I`m surely persuated that it is comming, but I dont know for sure will it be a crypto economy, or just electronic money.
Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
Actually its already happens now most of the country, they already known and accepted bitcoins but exchange first into fiat money then they can make bills payment, no more standing long lines, no need to bring cash, in just one click on your phone then you can already make transactions and that's good. 
Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
It would be the biggest innovation of us. It's like we are owning a money but we cannot touch it. We don't need to bring bags, card, money, etc.. It helps our daily life to be easy. Most of us always forgot to bring money but never the phones. So if that happens it will help a lot.I agree with you and I think this will reduce the criminals level in every city and we don't have to worry if we want to go to some places. we can buy something and then we don't have to pay with physical money and I think it's more simple and easy to use that money. I think some apps in our android has applied this too and I think it will grow more in the future so soon or later, we don't need to use physical money. but of course, there are still many things that need to be prepared before we used this and it needs to test first so people can use without any problem.
I am Imagine a cashless society.It has many good sites we can bring money fo here and there for our need.We can transfer digital money to one country to another and crime will be fewer .people can move safely. But The Online digital currency Transaction system possibilities will be not safe.It can be Hack.Every Invention has good and bad sites.We Have To Use it the proper way.
If bitcoin will be really recognize in the future , the people will be experiencing a cashless society ,because you do not have to bring cash where ever you go even around the world because bitcoin is accepted anywhere ,any establishment, so will be hassle free and cashless transactions.
I think we are already using credit cards now, but using a single currency like bitcoin around the world can be very helpful in transactions, having fewer errors than normal and faster transfer and of course security. Do you think this could happen in the future bitcoin?
Just by using your phone you can buy almost anything. No need to draw atm. No more heavy coins in your pocket. Pay the bills, and buy tickets without standing in line. Very comfortable and takes less time.
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