Mobile payments have swept the world, and people are increasingly relying on digital payments rather than cash.
Cash is almost non-existent, but because it is "almost", we are still using cash.
The most obvious example of a good world: when you go to a store and buy something, you want to pay in cash.
Topic: Why we should fear a cashless world - page 8. (Read 9829 times)
In conclusion, money is a thing that accepted by society to measure value, exchange, and make payments on the purchase of goods and services
Before this money was enacted bartering in former times ,we know for sure and this method is complicated and its has many weaknesses.
1. The difficulty of finding a harmonious dual will.
2. The price or value is difficult to determine.
3. Difficulty transporting and storing.
Why do you want to complicate your life if you are given something easy.
Before this money was enacted bartering in former times ,we know for sure and this method is complicated and its has many weaknesses.
1. The difficulty of finding a harmonious dual will.
2. The price or value is difficult to determine.
3. Difficulty transporting and storing.
Why do you want to complicate your life if you are given something easy.
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
http://www.theguardian.com/money/commentisfree/2016/mar/21/fear-cashless-world-contactless
Discussion
we should fear cashless world because if that happen we all will be under total control, one day can happen blackout in world and all the crypto money could be lost...
Cashless world means economy based on digital systems, it's good but with progress scammers and hackers will start improving too. It's not good when your country losing everything because of one terrorist.
It depends on how the government will actually execute a cashless society. People, in the olden times believed barter is a perfect system of trading. When they introduced cash, people started questioning the value of a piece of paper in their hands. Now we could say that yes our cash will be digital, but it will still be backed up by resources and would definitely have value. The problem is how will everyone get to have access to their funds without physical cash to hand out.
I think it would be a good thing to be a cashless world, it's a sign of human progress.
The government will not give up legal tender and accept bitcoin. I think the future government will issue its own cryptographic currency.
The government will not give up legal tender and accept bitcoin. I think the future government will issue its own cryptographic currency.
For me, i think there's no need to fear a cashless society, if you are holding Bitcoin that is. Bitcoin will explode in value once people realize the importance of it the harsh way. Everyone that didn't instruct him/herself to learn Bitcoin and buy when it was cheap will be rendered an idiot once the value of Bitcoin is understood as the only way to bypass government totalitarian control. It's then when we will see Bitcoin skyrocket to millions of dollars a coin.
there are a lot of negative things about having a cashless world. that means everyone is controlled by the government. every transaction is recorded. they can freeze your account at any time they want. we'll have no privacy at all. there will be a big adjustment to the economy and even in the Business Industry. because we don't need banks anymore. and what will happen to poor ones? so there's a lot of things to fear when we have a cashless world.
And if that reality isn't enough to scare you into fighting for our privacy, I don't know what is. Some people say they will embrace a cashless society but I am not sure they even know what they are saying yes to at that point. The only way I would agree to cashless society is if Bitcoin was private and nobody could trace my transactions through it and if it was accepted everywhere. I highly doubt that will be the reality, and I will fight tooth and nail to keep cash alive in society for this exact reason.
Having a cashless world will be quite difficult since you don't know or you don't have a tangible proof of the amount you gain from bitcoin because everything might be based on bitcoin only. We should fear a cashless because there might be hackers that will take your account in bitcoin and might steal the information that you have and your money may also be stolen because it is now easy to do that everyday.
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
http://www.theguardian.com/money/commentisfree/2016/mar/21/fear-cashless-world-contactless
Discussion
Community has different levels like there are people who are rich and poor so fearing a cashless world will be depending on your state in life, most of the governments will still prefer to use fiat because not everyone in the country does have the capability to earn cryptocurrency.
there are a lot of negative things about having a cashless world. that means everyone is controlled by the government. every transaction is recorded. they can freeze your account at any time they want. we'll have no privacy at all. there will be a big adjustment to the economy and even in the Business Industry. because we don't need banks anymore. and what will happen to poor ones? so there's a lot of things to fear when we have a cashless world.
A cashless payment is not going to be possible in a country were there are so may poor once,computer illiterates,this will create a whole lots of frustrations to this categories of persons
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
There will big effect in our economy and society if cashless society happens. There are positive and negative effects that we will experience. In positive effects, the transaction will become more faster and better. In negative effects, the people will hardly adapt the cryptocurrencies. http://www.theguardian.com/money/commentisfree/2016/mar/21/fear-cashless-world-contactless
Discussion
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
It is hard to achieve cashless society because people will not let cash disappear. The people in our society will hard to adapt the virtual currencies because it is is really complicated. They should have a lot of knowledge for them to understand well how it works. http://www.theguardian.com/money/commentisfree/2016/mar/21/fear-cashless-world-contactless
Discussion
Given that there is already poverty in a cash system, it shows that cash is not the solution.
Blockchain technology is enabling transparent charitable endeavours even at this relatively early stage. If people can see where their money is being used they're more likely to donate.
Blockchain technology is enabling transparent charitable endeavours even at this relatively early stage. If people can see where their money is being used they're more likely to donate.
I don't believe in a cashless society happening sooner or later. Consider that every amount of money is carefully evaluated and printed. It is backed up by gold and other precious metals. Giving money to the poor is a good thing but have you wondered why the government isn't printing too much coin? This will only make the market unstable. So i don't think it will happen.
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
http://www.theguardian.com/money/commentisfree/2016/mar/21/fear-cashless-world-contactless
Discussion
Those people who does not have the capability of earning cryptocurrency should fear the cashless world since they do not have the capability to sustain their daily needs if the government will convert fiat in to digital currency.
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
http://www.theguardian.com/money/commentisfree/2016/mar/21/fear-cashless-world-contactless
Discussion
We admit that cashless method is not easy to do specially to the poor people but because of the generation high technology system is bringing to all people into progressive way of living, so no reason why people stay in a usuall method because now is the time to use a safest, fastest and convenient way for doing something in everyday lives.
If we trying to pursue to use only one currency like bitcoin, then yes it's possible to be, if all countries unite to use it.
For me, cashless world will systematically determined all of your physical inputs your background, and character, Everything will be track down and monitored and this is against to everybody because we lost our privacy,
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