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Topic: will humanity stop using cash - page 32. (Read 4019 times)

full member
Activity: 476
Merit: 101
www.daxico.com
October 10, 2018, 09:17:28 AM
Not this time, i guess, because cryptocurrency is not yet ready to replace fiat as the means of payment for buying products or as or any services online. I believe it also takes time to even let the whole world embrace the blockchain technology.
full member
Activity: 532
Merit: 100
October 10, 2018, 08:51:59 AM
Yes, our future is cashless. But it will take a lot of time. Firstly it will be provided in well-developed countries and then slowly in poor countries. I think we will see this changes.
full member
Activity: 382
Merit: 100
October 10, 2018, 08:38:33 AM
Currently, some people use only cash, so the full transition to the use of non-cash money will not happen in the near future.
member
Activity: 310
Merit: 10
October 10, 2018, 05:41:31 AM
Yes, I hope, that people will stop using cash and will come into the crypto currencies industry. It is only a matter of time, when people will be using crypto for daily payments. We need just more working products to attrack new investors and new audience.
full member
Activity: 1106
Merit: 103
♦♣♥♠
October 10, 2018, 05:38:06 AM
Boy, you answer yourself to the question at the beginning - “what is money and what function they perform,” and then listen to your friends
full member
Activity: 602
Merit: 100
October 10, 2018, 05:04:18 AM
To argue about what will happen in 30, 40 years is madness, since anything can happen, especially if we are talking about crypto-currencies. But still, I believe that we will increasingly use cryptocurrency as a means of payment, this will occur gradually.
copper member
Activity: 280
Merit: 1
October 10, 2018, 04:59:57 AM
I'm trying to imagine how this going to happen considering the fact that so many people aren't being technology inclined. Using physical cash requires no knowledge as compared to crypto that required a basic knowledge in tech and other related fields. Eg. How an old lady in my community will be able to use metamask or ImTokens to make transaction lol Smiley . I believe it's going to take a lot of years for this revolution with so much invested in crypto education
full member
Activity: 346
Merit: 100
BitSong is a dcentralized music streaming platform
October 10, 2018, 04:44:10 AM
#99
I think there is a possibility that it might happen in the future, but Im not sure if it is near since there are still a lot of countries that are not that high in technology. Since if you have to rely on crypto and cards for payment, it will also mean that everything has connection to internet and have some gadget to work with the transaction.
full member
Activity: 457
Merit: 100
October 10, 2018, 04:38:32 AM
#98
Cash will die only when it will be possible to pay with digital money absolutely everywhere, that is, not soon, maybe in 50 years it will be possible to talk about it slowly, but not before.

yeah, but it going to happen. lets take Swiss as example. they are totally removing cash payments already. other countries will follow.
full member
Activity: 773
Merit: 100
October 10, 2018, 04:33:02 AM
#97
Cash will die only when it will be possible to pay with digital money absolutely everywhere, that is, not soon, maybe in 50 years it will be possible to talk about it slowly, but not before.
sr. member
Activity: 448
Merit: 250
October 10, 2018, 04:31:19 AM
#96
Now with the advancement of technology, it has become a reality in a little bit.And the cryptocurrency will slowly be accepted by everyone.It will be very convenient no matter where people go.
full member
Activity: 490
Merit: 100
October 10, 2018, 04:24:07 AM
#95
In some countries, cashless society has basically been realized, but it may take 3-5 years for it to be popularized around the world, and some countries I think there is no way to achieve it. This has a premise that is their foundation network needs to be perfect, but in many backward countries, even the network has not yet become popular.
copper member
Activity: 308
Merit: 1
October 10, 2018, 04:21:39 AM
#94
When you talk about humanity, you equally talk about those living in undeveloped world, that technology may not get to some places even in Million years to come and in such places paying with cash is easier and better understood. It would be a lovely thing to totally get rid of cash but its possibility is something that is not fathomable
newbie
Activity: 78
Merit: 0
October 10, 2018, 04:06:41 AM
#93
This is a trend, but it will take some time to achieve, and it is now uncertain which currency will become the mainstream payment currency in the future
jr. member
Activity: 108
Merit: 1
October 10, 2018, 03:35:06 AM
#92
Cash will dissapear because it’s a way to evaded taxes , money laundering etc once everyone is with electronic we will be controlled 100 percent . That is why crypto will be huge specially private oriented coins because they will be the safe alternative to cash
full member
Activity: 490
Merit: 103
October 10, 2018, 03:34:23 AM
#91
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
It's more likely that money will disappear than people will stop using cash. Cash, collectible coins, gold bars. Sure to be something to this, until the money has relevance. But I hope that we will evolve as Jacques fresco wanted and that we will not need to exchange money. We will live like in Paradise, building our Paradise on this planet.
full member
Activity: 350
Merit: 100
October 10, 2018, 03:28:54 AM
#90
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

Why not ? I am very sure this can happen. for me, I believe that technology has existed and applied before. For example, I believe that before cash is available, most people in the world make purchases and sales in other ways. but now, people are used to using cash. and when cash is available. there are innovations with t-cash, virtual money, and all the cards you use to shop.
it's just a matter of improvisation and adaptation. and counseling that must be done diligently.
full member
Activity: 350
Merit: 100
October 10, 2018, 03:13:48 AM
#89
Not agree that cash using will stop in the world but it's use can be reduced through crypto and digital money like credit cards and debit cards and all humanity can not afford crypto currencies and for now it should be easy to understand that we have cash we can go every where and buy things every where.
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
October 10, 2018, 03:09:23 AM
#88
Nope! humanity is never going to stop using cash, cash has its own special feeeling it gives and that makes humans emotion connected to it.
In the future its possible maybe 100 years from now.

Today, its impossible that humanity will stop using cash. There are still people who aren't oriented with technology and isn't aware of cashless society.
sr. member
Activity: 572
Merit: 250
October 10, 2018, 03:05:46 AM
#87
It is not impossible but at least in a hundred years from now, maybe. Not all countries are much developed as compared to those giant countries like  China. But I say I support this change.
It is possible but it will take long time. Today in many countries people have started using digital currency and China is on top of them. Gradually the whole world will start using crypto currency and there would be no cash circulating in the markets. As we use credit and debit cards everywhere and there is no cash in our pockets, in the future digital currency will take place of these cards.
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