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Topic: Imagine a cashless society - page 10. (Read 1751 times)

newbie
Activity: 67
Merit: 0
April 22, 2018, 09:10:10 PM
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 think it will happen in the future that all the transaction will never use cash. Some country started to become a cashless society by injecting microchip in their hands to use it when they buy their stuff so its probably possible that lots and lots of country will adopt it because of its advantages like less time to send money to others easy to pay bills and buy instantly what you want without any hassle.
newbie
Activity: 47
Merit: 0
April 22, 2018, 09:03:31 PM
In a way, it'll make life easier when you don't have to carry coins or physical money wherever you go. It will be convenient to walk around without the thought of being robbed. But not all can have this hassle free life because of poverty.
newbie
Activity: 73
Merit: 0
April 22, 2018, 08:55:01 PM
I think later on it must happen ... because the ease and security that many people will use will probably be heavily dependent on bitcoins
legendary
Activity: 2730
Merit: 1288
April 22, 2018, 07:50:45 PM
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?

Bitcoin is only hope to keep cash society.   Not cashless. Most countries plan to have cashless society. But their plans get spoiled. Since no one will want their imaginary cash anymore. Only real cash will matter, such that you hold private keys 24/7!!!
newbie
Activity: 5
Merit: 0
April 22, 2018, 06:19:52 PM
I think it's already done but all the people do not have access to it. We as a developer has a power to make anything on the Internet possible that means you can be Tony Stark if some of our developers try to make it. We make so we have the power to make anything possible by using the Minimum requirements. Making more applications require more time and money and none of us has time or money to spare so let's wait for big companies to contribute in this types of projects but for now, we have to use the current Technology.

Cashless society already exists. Have you guys not heard of apple pay or samsung pay? The only issue is it hasnt been adopted by everyone because of the costs associated with doing so. As technology moves forward, the technology floor is going to raise... Which will lead to higher spread adoption of cashless payment methods.

Does it have to be a big company that does it? What if a small company that is looking to do something like this on a whole another level already exists?

You guys should look into Kimera.ai. They are an Artificial General Intelligence company... but their economic model for how people will get paid (through their devices) is exactly what this thread is talking about. Wink
sr. member
Activity: 420
Merit: 266
April 22, 2018, 06:10:05 PM
When you say A CASHLESS SOCIETY…. It includes the functioning of system through internet and computer. And internet transactions can be hacked by any talented hacker from any part of the world and the economic development of the country can be at stake. Though, it can easily be overcome by a best team of software developers.
member
Activity: 183
Merit: 10
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April 22, 2018, 05:46:03 PM
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 it is possible, because as for now the technology is very hightech and if the time goes by all the needs and wants of ours will nit be hard to get because there ia easy way called transaction and we don't need to rush things because all we want is convenient and we do not need to spend time to do those things things because we have technology and because if bitcoin we can buy and pay without using any force, in just one click all we want is paid.
I also consider think that future can be different from now and it will because time does not remain same. With the advancements in technology, people will like to go with fast methods for every task. Paper money cannot cope up with that need of speed. Digital currencies are already fast. Moreover, these are getting better with every passing day. One day, cash would become an ancient history.

Days are going faster. Every people now wants fast transactions. So it is very likely that digital cash will definitely dominate our economy one day. The flaws in our society will now be solved because of the improvement of our technology.
newbie
Activity: 228
Merit: 0
April 22, 2018, 05:16:21 PM
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 it is possible, because as for now the technology is very hightech and if the time goes by all the needs and wants of ours will nit be hard to get because there ia easy way called transaction and we don't need to rush things because all we want is convenient and we do not need to spend time to do those things things because we have technology and because if bitcoin we can buy and pay without using any force, in just one click all we want is paid.
I also consider think that future can be different from now and it will because time does not remain same. With the advancements in technology, people will like to go with fast methods for every task. Paper money cannot cope up with that need of speed. Digital currencies are already fast. Moreover, these are getting better with every passing day. One day, cash would become an ancient history.
yes that's right where nowadays everyone needs a quick and short time maybe in the next few years everyone will use digital currency because this is not time consuming and safer.
sr. member
Activity: 1009
Merit: 328
April 22, 2018, 05:06:06 PM
A cashless society will be a very easy and very efficient society, no need to carry around wads of cash and a wallet, you can access your money anytime that you want no matter where you are.

Yes i believe that cassless society is verry nice and quite amazing. But i think it is really hard to make the worlds become cassless society because we are really using Cass for a verry long time and some other people is doesn't have an idea about bitcoin or digital crypto currency, bitcoin is really amazing but it will maybe takes a long time if we are going to use it as a payment system or maybe it is not possible.
newbie
Activity: 84
Merit: 0
April 22, 2018, 04:25:18 PM
I like also the concept of this cashless society by Bitcoin, you know why? Pick packet will not be a  major problem when you go out from your house to go buy your things in market where in there will be crowd on the area and you always bump on someone...
legendary
Activity: 1274
Merit: 1004
April 22, 2018, 03:56:59 PM
I think it's already done but all the people do not have access to it. We as a developer has a power to make anything on the Internet possible that means you can be Tony Stark if some of our developers try to make it. We make so we have the power to make anything possible by using the Minimum requirements. Making more applications require more time and money and none of us has time or money to spare so let's wait for big companies to contribute in this types of projects but for now, we have to use the current Technology.
newbie
Activity: 58
Merit: 0
April 22, 2018, 03:44:08 PM
Aside from phone, it is also nicer if we just have also a card wherein we can just swipe it then put our private code to pay on counters, then it is safer this way compared to bring thousand worth of you and you'll be hot on the eyes of thief.
hero member
Activity: 672
Merit: 500
April 22, 2018, 03:17:47 PM
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 it is possible, because as for now the technology is very hightech and if the time goes by all the needs and wants of ours will nit be hard to get because there ia easy way called transaction and we don't need to rush things because all we want is convenient and we do not need to spend time to do those things things because we have technology and because if bitcoin we can buy and pay without using any force, in just one click all we want is paid.
I also consider think that future can be different from now and it will because time does not remain same. With the advancements in technology, people will like to go with fast methods for every task. Paper money cannot cope up with that need of speed. Digital currencies are already fast. Moreover, these are getting better with every passing day. One day, cash would become an ancient history.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
April 22, 2018, 01:54:19 PM
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?
The idea of having a single world currency has been around for some time, and while there has always been a dominant currency there has never been only one currency and in my opinion that should never happen, not only because if that currency crashes all the economy of the world will crash with it, but also because then it will be very easy to monitor everything you do and it will be impossible to buy and sell stuff without that currency.
full member
Activity: 479
Merit: 100
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April 22, 2018, 12:36:21 PM
We already pay for a lot of our purchases using debit cards. So the future is closer than you think.
sr. member
Activity: 700
Merit: 250
April 22, 2018, 12:30:21 PM
If btc will legalize to all country those things can happen like a prosperous society they use cashless payments and they transact a payments easily so no hassle and difficulties to pay in even if you just bought one.
Well legalizing bitcoin doesn't mean more prosperous country, it's just an ordinary currency with a  lot of advantages compared to traditional ones but not a charity organization or such. Definitely it will helps a lot on transaction and cheaper fee for anything related to financial needs but not for prosperity.
today is indeed a lot of countries that apply electronic as a means of payment open cash used, even then people are also already feel comfortable with the implementation of such, let alone others, hopefully it can be applied.
hero member
Activity: 2184
Merit: 513
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April 22, 2018, 12:02:30 PM
If btc will legalize to all country those things can happen like a prosperous society they use cashless payments and they transact a payments easily so no hassle and difficulties to pay in even if you just bought one.
Well legalizing bitcoin doesn't mean more prosperous country, it's just an ordinary currency with a  lot of advantages compared to traditional ones but not a charity organization or such. Definitely it will helps a lot on transaction and cheaper fee for anything related to financial needs but not for prosperity.
member
Activity: 378
Merit: 10
April 22, 2018, 11:56:40 AM
If btc will legalize to all country those things can happen like a prosperous society they use cashless payments and they transact a payments easily so no hassle and difficulties to pay in even if you just bought one.
sr. member
Activity: 503
Merit: 250
April 22, 2018, 11:56:35 AM
Cashless society is not bad. No more hassle, no need to withdraw to buy stuffs that needed, no need for long queue to pay bills. Imagine we don't need to bring wallets and bag that we always forgot, no need to bring cash also, we just need to bring our gadgets and we can pay for everything we need.
full member
Activity: 588
Merit: 104
April 22, 2018, 11:44:58 AM
this idea looks like kind of very uthopic at the moment. when we read it most of us say it is impossible. but so many things has happened last years that probably as uthopic as this thing. like nobody could imagine a technologic development like this 20 years ago. but now we have it.
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