Topic: will humanity stop using cash - page 33. (Read 4019 times)
I don't think this is something that will happen anytime soon. There are a lot of countries where crypto are still not accepted and even in the ones that they are accepted, with still have even the young people population that don't believe in crypto even though this kind of process is basically dependent on the government policy but I don't see this happening soon.
Presently, there are countries that are not using cash already and they used credit card/debit card to pay everything or to buy anything they want. Here is the list of top 10 countries that are cashless https://www.telegraph.co.uk/money/future-of-money/10-cashless-countries-world-does-uk-rank/ those countries belong to the 1st class countries.
This is one indicator that cashless world is really possible, not in an instant but takes many years for people to adopt this huge change and the future is using cryptocurrencies. Yes, people will doubt at first but once the majority of the community will be using cryptocurrencies I'm pretty sure people who are not into crypto will be curious and give the confidence to be part of the change in the society.
Education is the key for everybody to have confidence in participating cryptocurrencies!
This is one indicator that cashless world is really possible, not in an instant but takes many years for people to adopt this huge change and the future is using cryptocurrencies. Yes, people will doubt at first but once the majority of the community will be using cryptocurrencies I'm pretty sure people who are not into crypto will be curious and give the confidence to be part of the change in the society.
Education is the key for everybody to have confidence in participating cryptocurrencies!
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.
Emotions connected to cash system? Lol!I'd rather believe that people get used to it since cash was being used and as long theres government who do imprints and do make use of this system then this wont really vanish for sure even
how many good innovations would be created when it comes to payment system.
I do not think that we will soon fully switch to the use of cryptocurrency in our lives. The volume of use of cryptocurrency will expand, but its level of application will not exceed the amount of use of non-cash and cash. I can’t say how soon it will be in high-income countries and industrialized countries, but in other countries cash will exist for a very long time. The world as a whole is not ready yet to refuse cash.
I think for some reason cash will still be in use even in the distant future. The value of bitcoin is in cash $ as well as every other crypto, so I believe even if we are going to be using cards and cryptos for major transactions in the future cash will still be very much accepted.
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.
Emotions connected to cash system? Lol!I'd rather believe that people get used to it since cash was being used and as long theres government who do imprints and do make use of this system then this wont really vanish for sure even
how many good innovations would be created when it comes to payment system.
In the near future, humanity will not fully switch to the use of cryptocurrency. All forms of payment - cash, non-cash money and cryptocurrency will exist simultaneously. And I also do not see that the advantage in the volume of such use will belong to cryptocurrency. However, this will depend on how the further improvement of cryptocurrency will go. The use of cryptocurrency fully depends on the availability of appropriate technical tools and the Internet, and is also very susceptible to various kinds of malicious programs, hacker attacks, etc. Also, to use it, you need appropriate knowledge and certain practical skills. All this will prevent a full transition to the use of cryptocurrency.
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.
Think about this: printed notes with a QR code that has a private key to a wallet with x coins assigned to it. Paper cash functionality on top of any blockchain.
Of course, developed countries will adopt cryptocurrency in the future, and this can be an alternative payment. Cash will still be used for payment because not all countries have the same rules regarding using cryptocurrency
Digital money will support payment, not completely replace the cash! As a result, cash will still be widely used, and there will be no major changes in the coming time.
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 
It may but not all and it also takes a lot of time because not of us are good in technology and some countries cannot handle great technology because their fund was not good enough to sustain those kind of activity hence cashless world may seem cruel because there is a lot of people who knew hacking and it may seems risky for everyone to store their money online.
There is no possibility for humanity to stop the use of Cash, Cash currently is the most official and valid way of making exchange.
that is possible in the future. many people will change from cash to cashless payment system. it can be effective for our life
for example, can avoid from thief or any bad things
for example, can avoid from thief or any bad things
if in my opinion, almost everyone has started to like making non-cash transactions, bro. because they consider carrying large amounts of cash when they are in doubt that transactions are more risky with robbers and so on. especially now that the world of bitcoin is present ..the easier it is to make transactions both domestically and abroad, bro.
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
Digital currency is very suit to use for payments in large transactions and cryptocurrencies is purely digital so it can be apply on it , but it depends on adoption of those people involved in large transactions like import and export business .
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.
I think it would take a long time before people would be able to shift to a cashless society because as what you said, not all countries are as progressive as China and other developed countries wherein they can easily shift to cashless society because some of them are totally using a card nowadays or an app wherein you can pay through your phone and no need to bring cash. However, in countries where it is hard to even access an internet connection then it would be hard to stop using cash.
I look forward to a future where humanity does not use cash. I think China is a pioneer country does not use cash. I read an article, beggar in China also use electronic payment system.
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.
I also think there and it requires the right time for all of them and you can check later when our hair turns white.
Now also in the country I have used a lot of cards for every purchase of goods and it has been proven that cash will soon become extinct.
Now also in the country I have used a lot of cards for every purchase of goods and it has been proven that cash will soon become extinct.
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