Why we should fear a cashless world | Bitcointalksearch.org

Freddie Aguiluz

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Quote from: john2231 on March 22, 2016, 04:58:38 AM

for me, we should not fear a world without money. because, when there is no money. the way we see items is equal. Example: trading , when we are trading. what we want is what we get.

I agree, before money was used by many, there is this thing called barter change, they trade not money but things they have, they agree on something they have to trade with others. If they need something , they will just announce it to the people and other people will offer them something they have, they will both agree to trade to what they have.

hachimon

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All daily activities are done using cash. It is not to be feared if everyone has understood the technology and the internet. But the biggest problem is there are still many people in this world who have little education, not even understand at all about technology and internet. How can they live if everything we do does not use cash. They will not be able to move if the world is without cash. Indeed everything can happen, but I think it takes a lot of time. Maybe when all people in this world understand about technology, it can happen.

yonjitsu

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www.daxico.com

Because if that's really going to happen, then what about our brothers and sisters who are begging for money on the street for them to have something to buy to quench their thirst and hunger? I don't think they will know how to use cryptos to buy food and drinks in their own.

Bitcoin_Delivery

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Quote from: Justinalex on May 12, 2018, 10:36:20 PM

in a world without money, we can not do anything about it. because, if we do not have money then we will not be able to buy anything we want. therefore we must have money for the necessities of life

nowadays any need money. as well as daily necessities. maybe if we live in the era of free paced we can live without money but in fact now all need money.

Justinalex

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in a world without money, we can not do anything about it. because, if we do not have money then we will not be able to buy anything we want. therefore we must have money for the necessities of life

altcoin4u

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Cash is easy right now. You order some things on a vegetable market, grab them and give a old woman youor paper bills...and go home.

sepeda karat

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No one in this world is happy to lose money, but also no rich person who never loses money. Conversely, many poor people never lose any money, because in fact they never invest or do business at all.
I think personally, how can we be brave with higher function is:
1. Understanding differences with risk.
2. By asking the right questions.

panganib999

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Quote from: romero121 on March 21, 2016, 08:46:31 AM

Cashless world as mentioned in the document, it will ruin the poor and the growth of small scale traders. On the whole the technology will make changes but it should be developed in a equal manner to reach all.

It may but it would not be a part of it. I think bitcoin would affect the society in much more positive way that it would provide better and faster way of transaction for people and a chance for people to make a living out of investments and trading with the help of decentralized system of bitcoin and the volatile price of cryptocurrency.

thetruth123123

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For me personally, I doubt that many people are thinking the same, but the problem is that in my country not in every place you can pay without cash ;0

Seunbabatunde

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The only reason is that there is scam everywhere.

tamarindbleu

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Quote from: 1C6fV5DtakfKANLJ8GUV7hCaA on May 11, 2018, 09:21:27 AM

Again, we need infrastructure. People can just transact with their DNA signature or whatever. Come on. Cashless will make the society prosper. The poor will have access to any trade just with their whatever we can think of.

We should fear a cashless world because all people in this world will not able to used a fiat money or a cash money because in the future digital currency will have a chance to replace fiat and i think it is not a good thing because fiat or cash is almost all people knows how to use.

AAfunctionaluppityF

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Cashless world is the future and there is nothing to fear but the government must.

broilsemla0

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I don't know what made others to think such but I would personally say, btcs like heaven for me

Tang lancip

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if we look with the development of our technology easier for transactions without cash.
but if the world without cash tends to be heavy because technology is not evenly distributed. people living in remote and impoverished areas can not yet follow.

geometryboastful0

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There is less security when you go cashless and everything is online and can be hacked.

c++btc

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Well yes i guess too because in cashless system there are so many risk that you can encounter like transaction errors and also there are so many countries in the world that still hasn't know about internet and also bitcoin but also there is positive effect if the world will be cashless. Like no hassle in paying something.

Freddie Aguiluz

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Quote from: McDonalds5 on March 21, 2016, 06:50:25 AM

Poor people and small businesses rely on cash. A contactless system will likely entrench poverty and pave the way for terrifying levels of surveillance

http://www.theguardian.com/money/commentisfree/2016/mar/21/fear-cashless-world-contactless

Discussion

A cashless world means digital world has come, everything is digital and easy to have access with. Theives will have an eassy access to your account and information, we all know that it is so hard to put back to normal all that is damaged. So when someone has hacked and attack your privacy then it will be very hard fix

geegaw

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Quote from: fredo123 on May 11, 2018, 09:44:02 AM

Quote from: McDonalds5 on March 21, 2016, 06:50:25 AM

Poor people and small businesses rely on cash. A contactless system will likely entrench poverty and pave the way for terrifying levels of surveillance

http://www.theguardian.com/money/commentisfree/2016/mar/21/fear-cashless-world-contactless

Discussion

Crypto's are the most efficient and convenient to use rather than paper money, With regards to poor people, I guess government will find solutions for poor people if the time may comes.

Crypto is only good when we use to carry out transactions worldwide, more precisely, it is only suitable for long distances, with direct transactions and relatively close distances, it does not clearly show the advantages that it possesses, and it even shows its inconvenience. And I do not think the government can find a solution for the poor when conditions that poverty and lack of knowledge have lasted so long, what they can do is just limited and improved, can not be thoroughly eliminated, a cashless world will be a very distant story, it's not even possible, so we do not need to be afraid when this problem does not come or happen in the time that we exist.

zekeshawn

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Quote from: ShadowBits on May 11, 2018, 09:57:15 AM

Quote from: McDonalds5 on March 21, 2016, 06:50:25 AM

Poor people and small businesses rely on cash. A contactless system will likely entrench poverty and pave the way for terrifying levels of surveillance

http://www.theguardian.com/money/commentisfree/2016/mar/21/fear-cashless-world-contactless

Discussion

The only way for them to survive is also to adapt it. And don't you ever worry about that thing right now since it will have a long time to happen.

You are right cashless world is not going to happen soon so there is no need to worry and I think by that time everything is going to be operated with machines so we expect that the world already know how this thing works.

Salesman4coinZ

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You just have to fear a cashless world when the digital currency is controlled by a bank or a corrupt gouverment. When it is a cryptocurrency who is decentralized, you dont have to fear it. Except if you are in to do some ilegal stuff. WHen your in these business, its the best way to stay on fiat money. But for the normal legal use, they would be a lot of benefits from using cryptocurrencies for the mainstream. It would be much safer and you would have always the fully controll of your money.

Topic: Why we should fear a cashless world (Read 9827 times)