Topic: Imagine a cashless society - page 19. (Read 1802 times)
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.
I hope it will happen, the country will use bitcoin to serve as a means of payment. Not for transactions in the country only, but can be done to transact different countries. What we know this time, credit cards can only be used for within the country only, that's the weakness but bitcoin can be used anywhere and anytime.
But the hindrance is, many countries ban bitcoin as a means of payment. Some countries even crack down on people who use bitcoin for investment and trading. So the hope that we expect before will be difficult to realize, most likely the country will make digital money that can use transactions to various countries, and they can control and manage it or have a centralized system.
But the hindrance is, many countries ban bitcoin as a means of payment. Some countries even crack down on people who use bitcoin for investment and trading. So the hope that we expect before will be difficult to realize, most likely the country will make digital money that can use transactions to various countries, and they can control and manage it or have a centralized system.
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 am sure it will be happen in the future. The world will develop more and people stop slowly using real currency. They will use at least their credit card and cryptocurrencies as a fast and secured payment method. It will help to much the technology to be more developed in the future.
As we speak many people are living, working in a society that does not use physical cash. Your monthly salary goes into the checking account and for everything you pay using your card, even when taking the bus! On a personal note, I took very rarely use cash nowadays and always dependent on either a credit card or a debit card for my payments! With better and affordable financial services this can proliferate.
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 cashless/paperless society is good for the nature. Papers come from trees, if paper bills wont be of use, lesser trees are needed so it means, lesser trees to be cut. However, many people will lose their jobs.You see, there are other pros and cons if eventually we will have a cashless/paperless society.
Digital technologies can make ourselves feel at ease and by using it as our currency is so good but we need to have an extraordinary security so that our behold digital money will not be stolen by the hackers. But I doubt government will allow it for now since as we know paper bills industry is to good for them and many politician have split thought's about it since this issue is so complicated.
At present, China is in such a way to go out without cash, only need to bring a smart phone, and solve all problems.
People pay and transfer only using WeChat and alipay, but this digital currency is limited to China.
I think we need a digital currency that can be used around the world, such as bitcoin.
People pay and transfer only using WeChat and alipay, but this digital currency is limited to China.
I think we need a digital currency that can be used around the world, such as bitcoin.
Imagine no more counting, the phone counts for you exactly every bits of your money is deducted accurately and fast. No traffics in exchanging, goods are sold via cyrto currencies. Even the smallest business establishments at the side of the road have QR codes with them for payment. No more hassles, people just scan-get the goods and go. Wish that is existed in my country.
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 cashless/paperless society is good for the nature. Papers come from trees, if paper bills wont be of use, lesser trees are needed so it means, lesser trees to be cut. However, many people will lose their jobs.You see, there are other pros and cons if eventually we will have a cashless/paperless society.
Your description of a cashless society reminds me the one at the start of credit cards era. It was almost the same 
of course yes, we're gonna use virtual currency in the future like bitcoin or any cryptocurrency, but maybe fiat currency still exist only for second option payment or third world country will use fiat.
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. Completely amazing how the payment system is changing. However, there is a limitation because of availability of internet and knowledge of usage of android device.
Nope. A lot of business men think this could be a possibility but they are not talking about Bitcoin as they now know that Bitcoin is not the best cryptocurrency out there in terms of payment. Look at what Howard Schultz said on that topic. Also in reality cryptocurrencies can be our main mode of payment but their value will still be based on its fiat currency equivalent. Without it they would be worthless, cryptocurrencies might dominate but they need fiat currency to be used as a kind of 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?
The main reason for the bitcoin creation is to eliminate the cash and make a cashless society.If it is happen,we no need to stand in a line to withdraw our money and no need to waste the time.We can pay by using our mobile phone.And no need to get fear for the huge money in our home.No one can steal from us.Our money will be safe in a wallet.No need to use of bank deposit and withdrawal of cash.It may happen in a decade.
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 am very positive that it will happen in the future. Probably in the next few decades. Yes, having a single currency worldwide would benefit us a lot but we have to consider other factors like our government, the society if they adapt to this kind of technology specially in our country (I am in a third world country) wherein most of us are still using cash and some doesn't even want to use debit/credit cards.
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 really look forward for a casheless society. Right now, it is very convenient to use card and other electronic tinnivations that doesnt require cash nor coins. There are already countries that implement cashless society. Aside from being convenient, it is easier to transact and more reliable.
How about those small business like those cigarette vendor's and others, can they avail that machine with surely high cost? Im from Philippines and I cant vision a cashless society in this country maybe in other rich country this could easily happen but for PH now it is too impossible.
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 cannot imagine a cashless society because it would be a delimna for me. Those who are poor will be greatly affected. In my country alone, we cannot still adapt the idea of cashless society fully because there are huge number of people under poverty line.
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?
Depends on the acceptance of bitcoin as a means of payment by business entities worldwide but the possibility is there. 
At present, China is in such a way to go out without cash, only need to bring a smart phone, and solve all problems.
People pay and transfer only using WeChat and alipay, but this digital currency is limited to China.
I think we need a digital currency that can be used around the world, such as bitcoin.
People pay and transfer only using WeChat and alipay, but this digital currency is limited to China.
I think we need a digital currency that can be used around the world, such as bitcoin.
Presently in Europe I can spend as little as €1 or as much as i have on my
bank account by my visa debit card. I can pay others and pay utility bills
by bank transfer. There is never a time where I need physical cash, i
actually dont need it.
Bitcoin will never be used widely in place of FIAT and i really doubt if there
will be any global currency other than the unofficial, unregulated crypto.
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 is actually happening now. Cashless society is also the new innovations of the governments. In most countries, they are just using card to purchase and even online transactions. Nowadays, everything is going to be cashless.
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