will humanity stop using cash - page 14.

Sand King

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Quote from: expekto on September 18, 2018, 03:12:34 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

I've seen this theory on so many movies and i think this will really happen someday but it will have to take many obstacles and it'll not take easy. I think it will take a hundred or more years for this to happen because now, that would be really impossible.

AngellSky

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Quote from: loveinberlin on October 26, 2018, 04:27:21 PM

I think that humanity will not stop using cash for long but with time this will happen for sure. I think that this will take place in the nearest future, we need to wait for some time

I think that there is nothing to expect, since Money will always be in use. People will use cryptocurrency only in certain areas of human activity, and money will always be used in real life.

loveinberlin

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I think that humanity will not stop using cash for long but with time this will happen for sure. I think that this will take place in the nearest future, we need to wait for some time

Sissebrahima

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I am sure this will happen in the future. Cryptography is becoming increasingly important and popular on the planet. People will choose the convenience of crypto payments and refuse cash. This will happen pretty quickly.

Anatolich

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Here I read, and I am quite sure that it will be so. That is, there is no doubt that the cryptocurrency will take the first place. First of all, we are just cards, and we will pay off the phone. Further improvements will still have to. As an option, the development of the crypt in 20 years to complete improvement, are real.

Kidmat

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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.

valek.bruno

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This will undoubtedly occur in the coming years, as the governments of many countries today are trying to integrate electronic payments in order to control the financial situation in order to know how much money anyone has.

DES_MX

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Shortly. We all will minimize making use of funds. Funds provide advanced over time. Coming from the business simply by barter to be able to rare metal and money right up until we've funds nowadays. My partner and I firmly believe charge cards and also poker chips can change profit upcoming. Almost all you may need can be your flag to be able to validate purchases. In such a circumstance it's going to tremendously entail the usage of blockchain and also cryptocurrency generally speaking.

duuuuude

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Paper money is likely to disappear and become electronic and it would be more convenient that the entire banking system has moved to the blockchain but it's not up to us.

Latviand

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Quote from: expekto on September 18, 2018, 03:12:34 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

In my opinion, I think cash or fiat will still be used by many people in the future for the reason that some do not prefer cryptos that lacks consistency and giving risk of losing profit. Also, crypto is something that is not supported by all governments and it is an enough reason for fiat and crypto to co-exist since people have different preferrence such that some do want crypto over fiat and vice versa.

Sarastiche

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BITCOIN IS THE CURRENCY OF THE GLOBE

I do not think there will be an extinction to the use of cash, what we will have is a reduction in the use of cash, as government globally are encouraging the cashless policy, I believe the crypto currency platform is here to bring an answer to the cahsless policy advocacy. Cash will still be spent in remote areas where Internet facility is not available

Gifolote

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I believe that the cryptocurrency will now always exist. and maybe in 200 years it will replace cards and money

mrSamuel

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I don’t think that cash will disappear in the next 100 years. It’s just that their turnover will be less due to the switch to non-cash payment.

mr_smith99

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Quote from: expekto on September 18, 2018, 03:12:34 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

We'll if you mean the next 20 year, of course we will be using money. Next 50 years probably. Next 100 years, yes they will. It's not so easy to change the economic monetary system

the1arty

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Quote from: expekto on September 18, 2018, 03:12:34 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

Yes, for sure, the society is going to be cashless and Jack Ma told recently that blockchain will help to do all that.
Blockchain will help them to track every your transaction, what your purchase where and when.

TastyChillySauce00

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Quote from: crimsongoth on October 25, 2018, 06:27:19 PM

Cash usage has been already over. Digital currency has been in the market for a long time. The correct expression, when people leave digital currency and begin to use cryptocurrencies.

Nope. Traditional cash is still being used everywhere, the only societies that are already cashless is in China and Korea if I recall correctly. Even in the USA people are still using paper money even though some of them already uses some sort of digital cash payment processor like Apple Pay or Google Pay but paper money is nowhere to extinction.

criptoman83

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I doubt that cash will ever disappear. This may be the only way to calculate that cannot be "tracked", well, in addition to the natural exchange. Perhaps in the future, they will figure out how to transfer bitcoin , ether and other crypto-money to paper and it will be cash, which will replace fiat.

jaypete

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Humanity will stop using cash. I think I don't need cash. Cash money will die and instead will pass the crypto currency. People who don't believe in the crypto world want to use cash. They don't know how to use technology. There are billions of people with no knowledge of bitcoin.

bittick

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Quote from: blackhawkeye1912 on October 25, 2018, 06:35:40 PM

No. It won't happen. Cryptocurrency is exclusive for online transaction how could we make transaction for offline? So we still need cash. Cryptocurrency and cash are both needed for this modern world. Cryptocurrency could replace cash for other instances but not for all.

Technology will develop to the point where internet could cover the entire world even theres rumour that elon musk planning to release internet network through satellity, the future earth will definitely be covered in internet network everywhere.

blackhawkeye1912

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No. It won't happen. Cryptocurrency is exclusive for online transaction how could we make transaction for offline? So we still need cash. Cryptocurrency and cash are both needed for this modern world. Cryptocurrency could replace cash for other instances but not for all.

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