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Topic: will humanity stop using cash - page 11. (Read 4035 times)

sr. member
Activity: 658
Merit: 250
October 30, 2018, 02:17:26 AM
Along with the times and technology, the use of transactions is now being implemented through debit cards. In some developed countries, the use of debit cards has indeed spread, but they have not left cash at all. Because not all places accept or provide debit card facilities, besides that cash is also very useful when in an urgent situation. So that cash will continue to be used and not abandoned.
member
Activity: 378
Merit: 10
October 30, 2018, 01:51:36 AM
This should be the mainstream trend, and the production of banknotes is a waste of resources. Not in line with future humans. And now some countries have begun to use electronic money.
member
Activity: 749
Merit: 13
October 30, 2018, 12:42:04 AM
I think not,cash and crypto will still go hand in hand because not all people open his mind about the digital world. Some people will feel difficulty if the cash is no longer as a means of payment but for those of us who know more about the technology of blockchain of crypto, the more easy our transactions in the virtual world.
member
Activity: 392
Merit: 12
The Fourth Generation of Blockchain in DeFi
October 30, 2018, 12:37:09 AM
I have a vivid discussion with my friends lately. They say that one day people will forget what cash is and they will start use card only. Then the era of the changed and innovated cryptocurrency world comes, and we will stop using money and switch on crypto coins only. They say it might take twenty or thirty years, maybe longer, but it is a sure thing to happen, they have no doubts about it. I am not so sure... well, people might give up using cash as it is not that convenient, but giving up money as whole? I really really doubt it, it seems so impossible for me. What do you think? Maybe we will start using something brand new, neither cash nor cards? What is the future of the cryptocurrency world, anyway? Will it die in fifty, sixty years or it is going to be a thing that will live forever? Let's dream for a while Smiley


Now we have nfc, so there is no need to have either cards or cash with you) I think that in some 100 years people will place nfc chips under their skin))
jr. member
Activity: 47
Merit: 1
October 30, 2018, 12:20:17 AM
I don't think people will stop using cash totally and switch to crypto. It just seems impossible especially when a lot of people are still not aware of cryptocurrency and all.
full member
Activity: 490
Merit: 100
October 29, 2018, 11:53:53 AM
Cash is still the most oopulsr financisl instrument on earth! The possibility of cash disappearance is non-existence! However, advancement and development in technology will force a change in how payment are made and cryptocurrency will be preferred because of it's compactibility with technology!
full member
Activity: 280
Merit: 101
October 29, 2018, 11:47:38 AM
I don't think people will stop using cash completely. At least not for the next 10 years.
full member
Activity: 406
Merit: 100
October 29, 2018, 11:46:40 AM
i dont think so. cryptocurrencies and fiat money can co exist as what is happening now. digital money and plastic money didnt kill fiat and barter system in some parts of the globe. i dont think that human race will stop using cash.

I think that e-currency can replace cash, but I’m sure it will not be soon, because if the lights go out in the city, it will become a problem for everyone. But I prefer to use electronic money.
full member
Activity: 364
Merit: 100
Justice as a Service Infrastructure
October 29, 2018, 07:27:10 AM
I do not believe, but every day I see that people use card more and more often and some people do not have cash at all
member
Activity: 363
Merit: 10
October 29, 2018, 07:24:13 AM
I think it will take many years for humanity to stop using cash instead of banking and altcoin. At present, there are some countries that are very rare to use on the face of their country, fear of robbery and can not be safely stored by cards or crypto.
full member
Activity: 505
Merit: 100
October 29, 2018, 07:12:23 AM
For highly developed industrialized countries such as USA, Japan, Australia, etc this kind of scenario is relevant. I think they've stopped using cash a long time ago. But for humankind in countries that tend to have economies dependent on the developed countries and are generally characterized as poor with unstable governments and having high rates of population growth, illiteracy and high levels of poverty this scenario will be far from truth. I tend to believe that having even a small amount of cash is meager to some, much more the use of digital currencies.

sr. member
Activity: 1316
Merit: 379
Fully Regulated Crypto Casino
October 29, 2018, 07:01:39 AM
The adoption has started. Technology has made it very inconveniencing to be carrying cash about. Most shops now have POS and accept transfers. It is a gradual process but it is taking an arithmetic progression. It will enter geometric progression with innovative solutions that blockchains enterprise is deploying. My fingers are crossed in this matter.
full member
Activity: 490
Merit: 110
October 29, 2018, 06:52:52 AM
i dont think so. cryptocurrencies and fiat money can co exist as what is happening now. digital money and plastic money didnt kill fiat and barter system in some parts of the globe. i dont think that human race will stop using cash.
full member
Activity: 644
Merit: 102
October 29, 2018, 06:07:29 AM
The cashless society will eradicate the use of cash in our society because it is more convenient and secure. The use of cryptocurrency will be on the increase as it is cheaper, secured, transparent and immutable cryptocurrencies are the future and people will use less of cash
jr. member
Activity: 280
Merit: 1
October 29, 2018, 06:00:31 AM
I think it will not happen especially when there is always the word that we call poverty. As we move on in the innovation there are people who still does not know or experience what is like in using new technology.
member
Activity: 546
Merit: 11
October 29, 2018, 05:50:06 AM
I don't think people will ever give up using cash. We can say that in the next ten years, the usage of cash will reduce more than it already existed and more people will embrace the usage of crypto currency.
full member
Activity: 602
Merit: 100
October 29, 2018, 05:40:52 AM
For such a long period of which you speak, anything can happen, especially since we are talking about the crypto-foreign exchange market. Personally, I believe that we will once give up paper money and use digital currencies or credit cards. New technologies come into our world and we must be ready for anything.
member
Activity: 196
Merit: 10
October 29, 2018, 04:16:43 AM
Today, the total number of cash transactions is decreasing every day. In modern society, working with digital money is becoming more secure and convenient. I believe that in the coming decades, different plastic cards will remain the leaders, although the popularity of cryptocurrencies will also increase.
full member
Activity: 406
Merit: 100
October 29, 2018, 03:38:11 AM
Humanity could easily stop using cash because of the cryptocurrency. But only when our world is fully adapted to this, and cryptocurrencies will be a little more stable. I think that it takes about 10 years, but not more
jr. member
Activity: 392
Merit: 1
☀️ Iskra Coin ☀️
October 29, 2018, 03:35:42 AM
The use of cash, in my opinion, will continue to exist, because, however, cash is very important to use. Especially in times of urgency or in times of crisis, cash is very easy to find, easy access, and can also be accepted by all people. So that cash is a very crucial tool for everyone wherever they are.
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