Imagine a cashless society - page 3.

noormcs5

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Quote from: Wabaman on April 10, 2018, 08:50:19 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?

Nearly it has been done that mostly our daily works we do it without any use cash like we are paying our bills and online shopping and home delivery for food, without any going the outside and our work done it, so in this while bitcoin is also one most important thing that we use it for international level and deal for everything on online behalf of bitcoin.

Situk brok

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Maybe if at this time people without cash will be very difficult to make transactions and people have to be born back to the old days doing barter system but if people already know bitcoin then without cash was already able to make transactions.

MonaLeeTracy

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Quote from: Thian778 on April 28, 2018, 08:50:35 AM

I would be happy to travel around without thinking about my personal wallet be snatch on the street since we can only worry to keep our code in our mind. No need to carry a lot of coins in my pocket since change will be keep online too. it is just wonderful.

there is a safe and whether or not, sometimes if you forget your pin then your money or our money will also disappear so quickly. so we also need cash as well for the needs of the occasional small amount. because the need is not always that much.

Btcschool

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Quote from: Wabaman on April 10, 2018, 08:50:19 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?

That is unimaginable, cause it can never happen. Even if we get into making use of electronic form of payments,the physical forms of money will still be there in the bank or wherever they are being stored, cause they are very important and there will be moments when we will all need them. So you can’t be telling me to imagine a cashless society, cause it’s not possible. Even if it does happen in a society, other societies won’t follow such step cause it’s stupidity, and most people living there will just relocate. Hackers will also get into full job of hacking devices and stealing everything in it.

Betheng10

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Quote from: Wabaman on April 10, 2018, 08:50:19 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?

Most of the advantages you mentioned are for middle and elite classes. Have you imagined those who are in low class? they will need to have smart phones before they could purchase necessities. If fiat money would be removed from the economy because of those convenience, a lot of low class people might die.

Thian778

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I would be happy to travel around without thinking about my personal wallet be snatch on the street since we can only worry to keep our code in our mind. No need to carry a lot of coins in my pocket since change will be keep online too. it is just wonderful.

Morning honor

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Xircus

Quote from: Wabaman on April 10, 2018, 08:50:19 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?

Yes because the world is innovating same as with bitcoin. Nothing is impossible. I can imagine a cashless society that has high technologies using digital currency to purchase any thing. That is very amazing!

teeevnglst

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We all want that to happen but is it the right thing? As you know many people doesnt want that to happen because they are afraid to use cryptocurrency because we humans want to experienced real things some may want to use cash rather than using cards because they feel the experienced the exchange they witness it and this is a common behavior.

Codename23

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If people can just use their phone to pay for something they bought and not needing to use a cash. It will be easier. But not all the people is capable to do that. Cash is still needed. Not everyone have a high tec phone. It will be a disadvantage to those people who did not have it. Also those generation who's not really familiar with technology these days. Like our grandparents and some parents. They will have a hard time.

airdrophunter

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If that is really possible in the future, then how about the beggars, the physically challenged, the oldies and most of all those computer and internet illiterate? I think there's really a conflict about a cashless society concept because there are disadvantages of cryptocurrencies too.

weav

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I think it could happen but we need to be very careful with such a thing , this will mean that probably all your financial info will be tracked. Privacy coins will be banned by governments and there will be back doors on your phone for the government to check your data. Cash is such an important thing and i think most people fail to see that , they just want bitcoin to succeed without thinking about the consequences.

cutikanzilong

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I think the future bitcoin can be a simple and very effective payment tool, but it all depends on government policy in a country that must legalize bitcoin as a means of payment in a country

Fixart96

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Quote from: ASHLIUSZ on April 10, 2018, 10:30:46 PM

Cashless society is the future, but to make it effective into the entire operations each and every government needs to accept the digital growth. Right now very few countries around the world prioritize and adopt digital currency. If every country think similar to Japan, we can make a cashless society in a very small time period.

Yes, it is true that people do not use cash then this is a good technology for the future. And it takes time and hard work for digital currency to be received worldwide. Still many countries do not receive the digital money, and few countries who accepted it.

klasik1980

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Cashless and digital transactions are now commonly practiced worldwide. Countries like Sweden, India, and Belgium have taken steps away from the paper currency. Sweden is aiming to be the first country to go 100% cashless. India demonetized in 2016 and 93% of Belgium’s population pay through cards and phone applications. They even created a law to limit cash transactions to 3,000 euro.

kyucryp

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I think all this will be very difficult to happen. I can not imagine how it would be if someone just stays in the house and the activity outside is very little. Indeed everything can happen. But when will it happen, surely nobody will ever know. That will definitely take a very long time. If indeed all people in this world already understand the technology and can use it. Maybe it will happen.

yonjitsu

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Having a cashless society means a perfect flow and operation of cryptocurrencies. I can imagine that in the future but not the type of a scheme that is working 100% error and hassle free. Not unless if we can still transact cryptos in times when there is no internet connection.

CryptoLoverz

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Just by silence at home and no need to leave the house, what we want we can get. Very much expected by many people. But it takes a very long time if indeed it will all happen. While these bitcoin users and people who utilize the technology are just some people. Not everyone understands about technology. And many people have very limited education.

terbetet

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Quote from: Wabaman on April 10, 2018, 08:50:19 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?

Even I am into Bitcoin, I still cannot imagine that a cashless society will be widely implemented or being established because currently, there are still a lot of problems that we are facing in relation to the usage of our modern technology added by the fact that Bitcoin lies into this technology as a digitalt currency and I am seeing that it will be better to have a balance society where there is still cash and cryptocurrencies as well to equally have proper usage of both types of currency because other types of people still lies into using cash rather than crypto. So even it is possible, it might be impossible in our current time.

Bionicgalaxy

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Quote from: Wabaman on April 10, 2018, 08:50:19 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?

In my own point of view, a cashless society is a actually really good idea because it is very convenient to the people because they do not need to stand in a line for hours to pay their bills all they need is their smartphones and internet connection. But the problem is people are very smart when it comes in technology, so hackers could steal all of your money in just a click that is why having a cash is steal important for this kind of situation.

7Dyoknga5

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As of now, only several countries would make that possible. But not in bitcoin's platform. Governments should be able to track and monitor transactions in order to help develop economy's progress, which bitcoin could not offer.

Topic: Imagine a cashless society - page 3. (Read 1802 times)