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Topic: will humanity stop using cash - page 13. (Read 4035 times)

member
Activity: 560
Merit: 11
October 27, 2018, 05:07:00 AM
Cash is out-of-date long time ago, plastic cards with common money or with cryptocurrencies are more efficiently and secure, if you lose your paper money, it's gone forever, if you lose your plastic card, you only need to call your bank and make them to block your card.
member
Activity: 309
Merit: 15
October 27, 2018, 05:06:21 AM
Yes, the cashless society is really are coming but that doesn't mean anything to crypto because everything will be done online and by card. But if crypto can really help it will really great/
full member
Activity: 532
Merit: 132
October 27, 2018, 05:02:51 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
I think its far from happening.
right before a lot of ancient civilization has rised up.
early people have something they valued and make a use of it as a basis of payment and trade.
although electrical money and cards are mostly use. money is still irreplaceable.
it could be in any other form but money will stick.
hero member
Activity: 1680
Merit: 505
October 27, 2018, 05:00:52 AM
yes the whole world is inching towards it because cashless society is the vision behind bringing cards and digital currency. Improvement is the perpetual process we should hope for it.

The development of technology will definitely result in the cash coming out of use. However, you will have to wait for it. Certainly, this will happen faster in highly developed countries, where now cashless payments increase their share in the market in relation to cash.
full member
Activity: 602
Merit: 100
October 27, 2018, 04:53:04 AM
What about this for a long time already there are conversations that we live in the 21st century and use the financial system of the 18th century,and that when there is cash,and everything will be electronic some people will control Lege,to follow them and so on,so Yes it comes down to whether you like it or not,but the rules will be the Digital economy,and the money will be all electronic!
member
Activity: 168
Merit: 10
October 27, 2018, 04:46:33 AM
Humanity may no longer use cash only when there is an alternative much better. I think that cryptocurrencies are ideal for this, but they are not yet developed to such a level. You need to wait a couple of years and then draw conclusions
sr. member
Activity: 1162
Merit: 251
October 26, 2018, 08:30:19 PM
In the next ten years, biometric passports will be invented. A chip that will be implanted with the vaccination from the birth of a person. To this chip passport implanted in your body will be connected to all your funds. We will pay with palms or eyes. Cash will no longer be needed by the system to the state.
All about the digitalization. A lot of countries have been creating their own ways to replace the fiat cash to the digital balance. a lot of new payment method have been created by various institutional. crypto will be included on that thing. economic is about to change to the modern economic system. Cash is less efficient compared with digital balance or crypto.
The signal gets stronger when you see a lot of people prefer to shop using credit cards rather than cash, cash will be used less
because it is less flexible, digital currencies will definitely take over. fiat definitely has a new version besides cash
member
Activity: 247
Merit: 10
October 26, 2018, 08:27:07 PM
Maybe in the further future this could actually happen but right now I think that is not possible. There are a lot of country that is not ready and will not accept that idea. Maybe for those first world countries but for those who are in the third world countries that is not possible. Cash will stay and will be used for the next generations to come.
sr. member
Activity: 1372
Merit: 348
October 26, 2018, 08:14:48 PM
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
Well, it is easy to say that because we live in places where the technology exists. Have we considered those remote areas that even electricity doesn't exist? How can make transactions if they don't have the technology that we mentioned? Is it possible but I don't think it is a very easy task to implement a cashless society when we know that they are unreached areas? I think we still need a tangible cash to exchange even electricity or a signal for transmission is absent.
jr. member
Activity: 126
Merit: 1
THE ENERGY EFFICIENCY PROTOCOL
October 26, 2018, 07:53:00 PM
 yes the whole world is inching towards it because cashless society is the vision behind bringing cards and digital currency. Improvement is the perpetual process we should hope for it.
full member
Activity: 602
Merit: 100
October 26, 2018, 07:34:28 PM
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

The world keeps innovating things that may help the humanity to become more convenient with their living. As the blockchain was created, it opens a lot of possibilities that may change the traditional way of that way used to be. More people are now imagining that in the future, no more Fiat to be used and probably cryptocurrencies will change everything. Who knows it might be happen.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
October 26, 2018, 07:08:54 PM
In the next ten years, biometric passports will be invented. A chip that will be implanted with the vaccination from the birth of a person. To this chip passport implanted in your body will be connected to all your funds. We will pay with palms or eyes. Cash will no longer be needed by the system to the state.
All about the digitalization. A lot of countries have been creating their own ways to replace the fiat cash to the digital balance. a lot of new payment method have been created by various institutional. crypto will be included on that thing. economic is about to change to the modern economic system. Cash is less efficient compared with digital balance or crypto.
jr. member
Activity: 266
Merit: 1
October 26, 2018, 06:02:34 PM
In the next ten years, biometric passports will be invented. A chip that will be implanted with the vaccination from the birth of a person. To this chip passport implanted in your body will be connected to all your funds. We will pay with palms or eyes. Cash will no longer be needed by the system to the state.
member
Activity: 392
Merit: 15
Bitwings !
October 26, 2018, 05:33:01 PM
I think it is possible for us not to use money with the emergence of so many crypto currency and other already reached the point where you could instantly send your payments to a person with a single tap of the hand. In my opinion some point in the future maybe tangible money will not exist anymore because you could already put them in a single place which could be your phone or something like a device.
full member
Activity: 798
Merit: 100
October 26, 2018, 05:24:05 PM
I think in the future this is possible. More developed countries will be able to switch to the use of digital currency. But to stop using cash at all will be difficult, I think. It will take a very long time for society to become quite digital, while the world is not ready for this.
copper member
Activity: 74
Merit: 0
October 26, 2018, 05:21:02 PM
I think it might come sooner than you expected it, some country are practicing Cashless payments now for example in China most payments are done thru an app i think its wechat or something like that. but i think there will be some short of Paper money i doubt it will be removed permanently anyway time will just tell what will happen as of now only one country or so is doing it i think
member
Activity: 294
Merit: 10
October 26, 2018, 05:13:40 PM
Well a lot of changes can happen over many years would come but definitely there is need a consideration to take place. Although, by implementing this cashless society it could really help to less time and effort. Many features it has and people wil adopt the changes if this will happen.

As the world will going to change and develop, using of cash could be vanished when Government entire system will adopt digital cashless payments. We can do it all alone if there's no support with our authority who implement the law on finances particular on payment system that supports the economy.
member
Activity: 165
Merit: 10
October 26, 2018, 05:13:11 PM
In my opinion Bitcoin has developed so dramatically. Bitcoin deals do not take much time and cash is not possible. Bitcoin will replace cash and humanity will use it. Bitcoin in the near future to replace cash is inevitable.
sr. member
Activity: 490
Merit: 262
privacy preserving smart contracts and beyond
October 26, 2018, 05:06:55 PM
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

If you will ask me if human will stop using cash it seems to me that it is impossible because human are used to use cash everyday and since then they use it in every transaction they make. And we need to consider those people who are not capable or do not know how to used our technology especially the old persons, and also a person who can not afford to buy a android phone because they are poor and instead of buying those things they choose to used it to buy foods and other necessity they need.

It is far to happen in the future though it is possible but its gonna be a hot topic in many countries and expect a people who will be against to it and the persons who will support it.
jr. member
Activity: 1876
Merit: 5
October 26, 2018, 04:58:41 PM

I also thought about this for a long time about what will happen in fifty or a hundred years, there really can be no more cash, but there will be electronic money that will be placed on electronic plastic cards. On the right, it would be very interesting to see how it would all look. Indeed, cryptocurrency is beginning to absorb us. And in the future we will manage all this without any problems.
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