Imagine a cashless society - page 18.

gwapo.zylle

newbie

Activity: 196

Merit: 0

Quote from: Wabaman on April 10, 2018, 09:50:19 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?

I agree on you that is better and cool. It is just a few opportunities to do so. Because everyone even me likes to have a hassle free transaction just like buying and getting money using bitcoin is better. Bitcoin money is very useful everywhere you go, it can be use as paying bills and buying anything we want.

Thaliaismyname

newbie

Activity: 92

Merit: 0

cashless society is probably just imagination as of now,because some country will not be able to accept the decentralized money ,due to some reason,although some country are just acceptable to used decentralized money to buy their food like grocery, loads,payment methods,and many more,like japan bitcoin has really acceptable to run their market as goods offered services,,

Nylesor

newbie

Activity: 72

Merit: 0

It is really possible in the near future, the cashless transactions everywhere and anywhere. Even banks now are innovating their products so that clients may purchase goods, pay their bills online thru their phones, laptops or personal computers. People are also enjoying nowadays the online shopping & grocery. Plus this bitcoin the virtual currency.

handini

full member

Activity: 392

Merit: 100

Quote from: Wabaman on April 10, 2018, 09:50:19 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?

such a way is easy for those of us who already know the technology, but for parents who do not know him, they will not understand anything, so in my opinion better applied like that, and for those interested in the card yes let me use.

JerryJam

member

Activity: 238

Merit: 11

Society cannot be completely non-cash. If we imagine that this will happen suddenly this society will become a planned slave-owning system of the new generation. This will be an absolute dependence on bankers and total lawlessness.In new Zealand, Canada already has a debit card in circulation in Australia. So-called for all occasions.It means absolute control over people. It will be known how many people have money that is bought or sold, etc. Big brothers want to know everything and tax everything.This will mean that we will lose financial freedom and groan a herd of disenfranchised.

warrior333

sr. member

Activity: 406

Merit: 253

Each currency has its advantages. I am opposed to narrowing the range of possibilities. What for? Let there be Fiat, bitcoin and all altcoins. Each person will choose for themselves the most acceptable option. Bitcoin is not always convenient. But if you use it in conjunction with other currencies, you can always find a convenient option.

torch2121

member

Activity: 210

Merit: 10

The revolutionary trading ecosystem

Having a cashless society is really something that is very possible in the future. But for me its better if we have a lot of option on how to use our money. Either fiat or digital currency. I can use it for advantage, for security purposes. Better to be neutral in all my payment transaction. But if their is a Bitcoin option for payment I'll use it, I'm a busy man so better to make my life easy. Fast and secure.

shoreno

full member

Activity: 1750

Merit: 118

Quote from: green_fish on April 11, 2018, 05:49:03 AM

Many stores in Japan support BTC payment. Maybe in the future, many countries will learn from Japan and accept BTC's payment method!

The mature application of lightning network, the payment function of BTC will be more convenient and quick!

In our country , there are also many stores right now that accepts bitcoin as payment. japan isnt the only country that accepts bitcoin but almost any country nowadays. Using bitcoin as alternative to credit cards and fiats is a genius idea but i didnt like the volatility feature of bitcoin because it only makes us confuse and charge more than what we used to pay for the standard price of the item that we would like to buy.

lili song

hero member

Activity: 980

Merit: 509

That's why I prefer bitcoin rather fiat. Everything will go faster and cheaper.
But when everything is online, everything also can be hack , that's also my fear and my government either.
I just hope that bitcoin will keep advance and reliable than yesterday

Bitcoincole

full member

Activity: 504

Merit: 102

Quote from: pat4cryptoreal on April 11, 2018, 03:01:45 AM

Your imagination of a cashless society is the best thing that can happen to the world financial system. Financial transactions across the globe will be very fast and simple. It will only take hackers to steal people's money.

Yes, definately cashless society is a very good system payment that would help to fast and easy transaction in the future. In fact many of innovation smartmatic machine now a days are adapting that kind of procedure which to cater a very simple and fast process to enjoy cashless payment.

green_fish

newbie

Activity: 153

Merit: 0

Many stores in Japan support BTC payment. Maybe in the future, many countries will learn from Japan and accept BTC's payment method!

The mature application of lightning network, the payment function of BTC will be more convenient and quick!

Just John

jr. member

Activity: 294

Merit: 6

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.

Hopeful2017

member

Activity: 238

Merit: 10

Greentoken-invest in ecology

Quote from: Wabaman on April 10, 2018, 09:50:19 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?

Cashless society is a good innovation for some countries, but not applicable to all especially when it involves bitcoin. There are still countries that arent accept bitcoin as a currency and implementing cashless society using bitcoin will really face many challenges. However, this is also possible.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Quote from: Wabaman on April 10, 2018, 09:50:19 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 system payment is change and with the technology which comes out in every month, people have more easy to make a payment. and this could happen in the future but for bitcoin, it still needs a long time before it could implement because bitcoin needs to be accepted in the all of countries and bitcoin needs to grow more than now. bitcoin needs to introduce to all of the countries so people can know what is bitcoin and how bitcoin will help their life and if this could be happen then maybe bitcoin have a big chance to change the system payment.

charmaine08

member

Activity: 210

Merit: 10

Is it possible to have a cashless society? I think it will have a hard time to do so.

Tapyaks72

member

Activity: 490

Merit: 28

Quote from: v3liana on April 11, 2018, 04:42:36 AM

Im sure it will happen in future we are keep trying to improve our financial system. But i doubt that bitcoin will help us to make a cashless society. Bitcoin somehow might be the way to make cashless society but its so volatile that makes its hard to be our currency. Bitcoin for now is more like asset than curremcy.

Yeah the world is heading towards that for sure making physical money is also costly and burden for business specially during transfer and remittances, crypto currency for a while we have observed how economical it is and fast during transfer.

magneto

hero member

Activity: 1666

Merit: 753

Quote from: Wabaman on April 10, 2018, 09:50:19 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?

This is pretty much happening all over the globe already at this stage.

However, it does have some negative implications, especially when the cashless society is mainly integrated with the traditional banking system. All of your transactions are viewable to a third party, and they can track exactly what you spend on. Without cash, your account can be frozen, payments denied to a merchant because the central bank does not support its purposes, etc. It essentially takes away the fungibility and anonymity of cash, which are two basic functions of currency.

Bitcoin can definitely help avoid all of this, but mass adoption still seem relatively far away. I stay optimistic though.

bengca84135120

newbie

Activity: 84

Merit: 0

China is now a cashless society, and their mobile payment is very convenient and quick!

People go out with only one mobile phone, which can meet the daily consumption!

If BTC is popular all over the world, there is no charge for transfer, stable price, timely transfer, and BTC payment will be popular all over the world!

Notcalculator

member

Activity: 196

Merit: 12

★Bitvest.io★ Play Plinko or Invest!

Quote from: Wabaman on April 10, 2018, 09:50:19 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?

Having a single "currency" worldwide probably would cause more problem than convenience. I could see it as a widely used currency in the internet but im not entirely sure how long if possible, before it catches on, outside the world wide web. Paying cashless is already a reality now. So it boils down to whether btc will ever be adopted widely.

Burogh

member

Activity: 644

Merit: 10

COVIR.IO

Quote from: Wabaman on April 10, 2018, 09:50:19 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?

With the progres of technology, I am believe that will happen with bitcoin. If right now we are using credit card with high fees, with bitcoin or maybe other cryptocurrency, fees will be more lower

Topic: Imagine a cashless society - page 18. (Read 1764 times)