Topic: Imagine a cashless society - page 5. (Read 1802 times)
If so, people are not miserable. There is no hunger and robbery. There is no man who is greedy and has love for each other. There is nothing called rich and poor. And I like this kind of society.
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 happening now, doesn't it? although you cannot force the entire populace to be involve with this "cash-less-society" because there are still some folks who wants to keep the primitive lifestyle and that is something we should respect. I have been using coins.ph and believe me I am almost cash-less because most of my necessities were paid via the app... I pay electricity and water bills using it and etc... etc...Sooner or very sooner, your vision will be reality.
It is interesting if the society does not use cash but has some limited but very convenient and modern points, and it is sure that then the card scan will replace the paper money and the wallet will always be in posture the safest.
I don’t think this is hard to imagine at all, in the UK you can easily have a period of time without cash. Contactless payment and Apple Pay make it easy for you to achieve this, physical fiat money is nearly obcelete. Fiat money has has become a number on your screen which you spend. It has a lot of parallels with 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?
In Shenzhen China, they are already a cashless society even without the aid of cryptocurrencies. They use their phones to pay bills and buy commodities. But their personal information is compromised since their information can be shared to anyone. And I believe that if cryptocurrency comes in place and use in the system, this problem would be solved and it will like a normal payment without sharing your personal information.
I would vote for a totally cashless society, no need for anything, no currency just humans sharing for survival of all human kind. Yet this cashless society meant here is probably not what I thought of. This is more conclusive to mean the use of cryptocurrencies. Well it also good and I like the idea. But I think we will have problems in this system. What if your accounts was hacked, how would you buy food. We know for a fact that the technologies we have now have gone miles into developing new and safer method of payment system like bitcoin. But hackers have also evolved to become even more technologically advanced. They were like rats trapped in a wooded box. Time will come they will eat their way out. So I think in my own lowly understanding a cashless society would be a bit hard to implement with the system that we have for now.
Just imagining it feels good to us in the digital age. All transactions we just do by pressing hp or gadget we do not need to leave the house and queue. but realizing this is not an easy matter. Currently there are many countries that do not know about bitcoin and cryptocurrency. Also they have not gotten internet access yet. So they still do the traditional buying. It takes a long time to make it happen.
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?
if among the public have started to reduce the use of cash and prefer to use digital currency like this surely bitcoin likely payment will be safer and more comfortable not only the name of the coin as bitcoin and others surely will be affected by the outbreak of his that makes its price rose to very expensive.
If this happens I will be sure the operating system about a country's economy will get a lot of trouble. Because we need to know at this time the world still needs something that can be accessed to the corners of the country. There are still many who are not familiar with the meaning of technology and have not been able to access. I am sure if all the society can do that world without money will run effectively and do easier transaction simple and safe.
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.
Yes its true, its happening right now, because we are in technology base and lot of people using cellphone, people are also buying online, paying online so that it will not waste their time in falling in line in market or to pay their bills. Hassle free if all the country will use cashless society because we will just tap on our phone and thats it we can buy and pay our bills.
Yes it would be easy and more convenient if we only use one currency all over the world and to use only smartphones in order to pay or make a transaction is indeed hassle free but, it would only be possible if all countries will accept bitcoin and altcoins. It will also be possible if all people can access the internet and has gadgets like smartphones, or laptops but not all people have this kind gadgets, not all of us can have access to internet. Also not all people do not know how it bitcoin works especially beggars who only rely to fiat money (cash) in they use to buy foods, clothes or the things they needed in order to live and survive.
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 do not imagine this. the problem is still a lot of people who do not know the new technology. in the sense that there are still many remote areas that have not been reached by the internet. this becomes an obstacle when not using cash.
Imagine a cashless society, I think most of the scammer and hacker will gonna reach easily. The more knowledge in technology will have more advantage for sure, specially in dirty works of course. The human nature greedy factor will arise specially when the money is the main character.
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.
much true that for these days, china do some huge development to create the cashless society of theirs. i am actually impressed how things go smoothly in their country with that concept of cashless society. oh god, i hope cashless society could become international things for near future. 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.
now we can't experience the joy of having it but we can soon because of the massive advancement on our technology the fiction now can be a reality tomorrow like what happen in the internet back in the 90's many are against with running it because of its risk and the like but now all of us need the internet to connect to the world when we need information and communication I think this is the next phase of it the digitalization of payments whereas we can enjoy a peer to peer transaction even the other party we want to pay is in the other side of the world payment is faster than cards now good as paying cash and you can do it anytime without limits.
It would be nice, you dont have to buy leather wallet. All you need is your phone. But i dont think it would be that convinient for places with slow internet connect.
Every transaction has charges like it is taxes.
Every transaction has charges like it is taxes.
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 really nice to be implemented since the transactions will be easier and much faster more than the usual process and i think that a lot of companies will also agree in this great idea.
I think that the era of cashlessness has already begun. Nowadays, many times a mobile phone can let us not take cash. The era of cryptocurrency is coming.
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 really good idea because people will have a secure transactions since all things will be purchased just like the same in credit cards and no physical cash means it will be harder for other people to rob those rich.
Well, it may be difficult for such a thing to happen in the nearest future world wide because the development level of every country of the world are not the same and as such even in a decade to come it will not happen.
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