Bitcoin Forum

It is said now China is a "cashless society". Use of debit cards and credit cards on online & offline stores/shops, pay bills etc..

USA and UK/England are into use of credit cards and debit cards in a big way for online & offline stores/shops, pay bills etc..

Will Bitcoin survive in "cashless society" where money becomes digital/numbers ??

Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries"

Of course it will, Surely that was one of the reasons for creating Bitcoin. I'm not sure bitcoin will actually be used as a currency, i think its more a store of value. Some of the other coins will be used as currency.
Here in the uk we are behind the times at bit with crypto, i wish it could take off here more like the states.

As more and more countries become "cashless society", Bitcoin will fail in next 5 years.

Bitcoin will survive, if the issues it has can be corrected it will be around for possibly a long time.

in some developed countries bitcoin does not use cash they only use a bank account number card, this is a more convenient and practical way for your financial security. and the community will be able to maintain the payment system by using it without cash

bitcoin is cashless society. It's probably the beginning of it as even the banks and other instituions are adopting blockchain to use it for similar purposes. therefore bitcoin as future of money makes a lot of sense

As we see, Bitcoin already is very popular, and some shops accept him, as means of payment. So that in future, I consider, Bitcoin and technology of blockchaine will be all anymore inculcated in society.

Bitcoin feels better in a non-cash economy. If the cash disappears then bitcoin will win the battle with Fiat. The scalability issue is not resolved now. As soon as this problem is solved at the global level, bitcoin will become an acceptable means of payment for trading. This will give a big boost to the popularity of bitcoin.

and what are VISA and Mastercard debit and credit cards ?? A person in UK can buy water filter from USA using a debit/credit card. Money become digital and international after conversion rate.

U shouldnt forget about that dirty money that are involved into crypto. Till the society has tis "kind" of business crypto is alive, I think.

I don't see why it shouldn't survive. Sweden is perhaps the most cashless society that currently exists, and they are perfectly fine with using bitcoin. No cash means the difference between fiat and cryptocurrencies are reduced and there will be fewer roadblocks in the way of crypto adoption.

Bitcoin will thrive in a cashless society.  Doing everything by credit/debit card means the banks can monitor every expenditure you make for the rest of your life.  They can tell exactly where you are and which company you're transacting with every time you spend "your" money (except it technically isn't even yours in the eyes of the law, banks legally own the the money you deposit with them, you're just an unsecured creditor).  Eventually, people are going to realise this and will see such surveillance as in intrusion on their privacy.  And if more people realised the money they put in the bank doesn't actually belong to them anymore, less people would be using banks right now.

Crypto currency is actually one of the types of non-cash money. Therefore, bitcoin will most easily be implemented in those countries in which cashless settlements are highly developed. However, despite the obvious progress in the transition to non-cash settlements, it seems to me that cash for many reasons will exist for a very long time. The Crypto currency will walk in the company in parallel with cash.

All the talks of Bitcoin uses are failing. How can people ignore "cashless society". What new does Bitcoin have for the world economy ??

You are talking about the whole technology of Blockchain correct? That is should be improving these coming years.

Now Bitcoin is just an asset lower than Silver.

Yes it will just like how other countries use btc as term of payment. Cash is just something that government give value, and if more and more people trust btc, it could bring us to cashless society soon. It's just that today, only few believes in the power of btc and so does it's still not applicable to be used as payment and can't replace cash or physical money that we are using everyday.

In cashless society bitcoin will use more because it is the famous currency that use as a payment online. It is also has lot of wallet to use to store our assets. But for me they only use bitcoin in 50% only because we have our traditional currency that use everyday.

Perhaps in some areas may use a currency without physical money, but it will never happen in the entire hemisphere, all have its own obstacles, especially internet network services for the interior, it is difficult for the application of digital currency.

Yes it will. It has been years that countries are mostly using electronic money/debit card/ credit card.

The reason Bitcoin will survive is because of it's characteristic that make it attractive to people, decentralization and privacy.

Even if we are living in absolute zero paper money and everything is digital it is still controlled by a few people.

Also we all know the hassle in creating a bank account or even sending money using paypal or western union, specially if you are sending a large amount.


The real question should be if we are in a cashless society do we still need FIAT.

I dont see any reason why bitcoin would no longer survive in a cashless society since people are already working on making bitcoin a payment method that you can use as easy as a credit card to pay everywhere and anytime.

Bitcoin was created especially to be used a currency but in that way that you no longer interact with a bank, through you credit/debit card so I think it is going to survive for many years. It will take some time until people are going to use bitcoin to pay for their shops because there arent many companies that accept bitcoin right now. I am sure in the future this problem will be solved and people will be able to use bitcoin instead of credit cards or cash.

Bitcoin is belong to digital transactions therefore it is absolutely yes it will survive because credit and debit cards are booth using the digital transactions in which a process that will need the power of internet and the computer which is the same way that Bitcoin transactions is using too.The only problem with this process is if these nations will not accept Bitcoin as a legal tender or as a currency to make it to become useless in the society but fortunately most of the nations are supporting Bitcoin transactions so we expect more developments of this progress.

Bitcoin went through hardest times and here it is.

The decentralized nature it has along with the ability to make your own mining is something that regular currency will never match. Can you imagine people printing their own money? As much as they want under certain laws and regulations?, that won't happen. Printing/mining regular currency you would only launch the inflationary rate and hurt the entire economy, it is impossible for it to happen.

The advantages of Bitcoin are many and no regular currency will be able to surpass it. Besides it's profitability is something no currency no matter it's nomination or nature can even come close.

in some developed countries bitcoin is a legitimate means of payment, and they do not have to use cash but digital money or credit cards, it is safer and more practical for payment, and the future community will be a payment system using non-cash money, and bitcoin will be a legitimate means of payment for the global community.

Let's go back to pre-Bitcoin times and see. The only cashless payment options were credit/debit cards which have their own risks when it comes down to online thefts and fraudulent carding activities. Bitcoin and cryptocurrencies in general, has been a solution for this long sought out problem. By making payments backed on the blockchain, almost all sorts of mishandles are avoided, making everything smooth and secure.

So yeah, Bitcoin is definitely going to be surviving the cashless society while continuing to soar in price over the years.

It depends on how a society being cashless, as what I have seen of some ideas that shared and posted, they are focusing societies without using money instead they used credit cards. In that particular answers, that kind of societies are highly economically developed, and of course bitcoin there will survive. But, when we talk about cashless society without circulation of money or without money being use to buy for something for their daily needs and their economic source of income is only agricutural products which they are using a term of barter or changing of goods, in that particular societies, bitcoin cannot survive. And as of this moment, many societies are belong to the level of a very extreme poor community or society, and without any internet connection and mostly no supply of current that produce lights at night or current energy supply, they are only using lamp at night as their source of lights. So, therfore that kind of society is no longer knowledge about bitcoin, and bitcoin there cannot survive.

Bitcoin will definitely, without a doubt survive in a cashless society. Bitcoin is really dependent on the internet, so there is no reason for it not to survive in a cashless society. In addition, bitcoin is quite unique in a way that it's value grows despite the economy of a country is down. It is more reliant on the world's economy rather than just some countries.

In China people pay more using alipay and WeChat!

Only big transactions use credit CARDS!

That's because digital money is illegal in China!

If the digital currency is legal in China, I think he will be more popular than any kind of payment!

Personally, I think the biggest value of Bitcoin would become more and more like the value storage and value transfer all around the would freely and instantly.

The so called "cashless society" is just the digital Fiat flowing . So bitcoin would live on.

The prelude of "Cashless Society" begun 50 years ago for convenience.
http://heinonline.org/HOL/LandingPage?handle=hein.journals/bclr8&div=34&id=&page=
 
Bitcoin was created for the same purpose just like credit cards  in preparation for the "cashless society". People will definitely prefer paying online with the use of bitcoin because of its anonymity and lesser fees compared to other digital mode of payments.

Even if bitcoin is used as a store of value nowadays, the mere fact that its a digital currency with lesser fees and faster transactions it can surely survive in a cashless society. Few years from now bitcoin as a currency will be fully implemented if people worldwide specially the business sector and the government will embrace this very awesome innovation for people's convenience.

P.S.

It's hard to fully implement a cashless society because there are small businesses that won't accept digital payments so cash/physical money will still be around.
 

China is always at the forefront in terms of electronic currencies as well as digital. But basically it still uses fiat currency previously we keep it first in our bank account and this is very different from bitcoin. Bitcoin has its own characteristics very unique and multi-function 'can be used in any way' including currency like in japan and dutch countries whose use have been considered legal.

Do you think people will allow 50 years of hard work to be taken over by Bitcoin when Bitcoin is failing in all its uses/talks ??

I really don't know where did you get your basis when you say that bitcoin is failing in all its uses/talks since its still on the top and lots of people are still using it.
I respect your opinion regarding that matter. We do have different thoughts and experiences about bitcoin as an investment vehicle or as a cryptocurrency. Even if bitcoin wasn't really used as a currency for some people there are also some business sectors or individuals that are using bitcoins in their online transactions (paying their bills, tuition fees, life insurances) and basic needs. So you can't really say that bitcoin failed in its usage. Bitcoin has its own flaws, it's not perfect that's why lots of new crypto currency nowadays are trying to prove its worth to be the next or even trying to replace bitcoin.

People will always choose which is more convenient, has lesser fees and more secure when transacting online so they can't do anything about it if bitcoin will replace their 50 years of hard work.

Change is the only constant in this world. We are all moving forward to the digital world so there's a very big possibility that credit cards will be replaced with bitcoin or other crypto currency few years from now.

I'm not really certain or sure that it will happen in the future but there's a very big possibility that it will. We just don't know when.
I do believe in bitcoin's technology and I respect the efforts of the people trying to support bitcoin up until now.

Let's just wait and see what bitcoin can offer in the near future.

In 2012, there were lots of talks about "Buy 1 ounce silver. End the Fed". Then Silver price crashed from $50/ounce to $9/ounce.

I think people still need cash, as you are talking about right now almost all community groups use credit cards to make payments. But as a cash changer remains the main one.
If the question is whether bitcoin will survive without cash then the answer is no. Bitcoin is more worthy of savings or investments and for the needs of daily living, of course people will still use cash as a means of payment especially for areas that have not been touched by development (developing countries).

First of all, I wouldn't say that they are cashless societies, as cash has still huge usage in the european union. and specifically in the UK, cashless societies are far away from being exist, as there are too much cash in circulation.
Secondary, bitcoin is here not to replace cash, but to replace fiat currencies, it offers the ability to transfer decentralized tokens over the internet, without the need to rely on a centralized body.
Credit card companies usually charge a larger fee and also you still use fiat money, so you are not being defended from hyper-inflation and other financial risks that involved in holding fiat money.

I think bitcoin will be in the future but can not replace cash, because now the countries are still using cash to pay the daily expenses. In parallel, Bitcoin deserves the savings or investment and daily necessities.

Bitcoin could definitely survive in the cashless society because it is one of the same forms of money.  But the thing that has to be kept in mind is that such countries would definitely have a lower rate of its usage as compared to those nations where these coins are used against the paper money. If people are already using the plastic money for payment methods and buying and selling purposes then they would find it useless to move towards the utility of digital assets.

Bitcoin is obviously different than debit and credit cards so the chances are less. This is a drawback for bitcoin and we know it. People tried implementing bitcoin debit cards but they ended up to be a fail as it took a lot of days to get processed. Not only China, US or UK are becoming a cashless society, other countries are joining in too. The future is known to be full of innovative ideas and stuff so I'd rather wait for it than arriving at an immediate conclusion.

All the major online stores and offline stores/shops have debit and credit cards are the first payment method. In fact "cash on delivery" is among top 3 payments.

If you have little free time you can safely invest. Investing does not take a lot of time ..

Bank-wire transfers are the oldest form of digital money/digital payments. What does Bitcoin have to offer ??

Yes bitcoin will survive cause of people willing to survive form cashless society when the posible outcome will growth to help people.

Bitcoin transaction fee is $50 ??

The scalability issue is not resolved now. As soon as this problem is solved at the global level, bitcoin will become an acceptable means of payment for trading

cashless society an economic state whereby financial transactions are not conducted with money in the form physical bank notes or coins, but through transfer of digital information(usually electronic representation of money)between the transacting parties.So this means you have a very small chance to survive with this "Cashless society".

I think yes!. Bitcoin can survive cashless society infact he is a cashless. There are some store in the world are niw accepting bitcoin. Maybe in the future all will use blockchain

I predict that to create a "cashless society" takes a long time.

maybe in a country, like you mentioned in japan, english, china, and others will be able to adopt bitcoin and will survive in "cashless society".

but if in a country like Indonesia, and other countries that are still left behind, I think to create "people without cash" is also difficult.

Cashless society means digital society and Bitcoin is the king of digital currencies. So I cant think of why Bitcoin wont survive in the cashless society. It is in fact good that the whole world is slowly going digital and cashless. Also the fiat currencies cant compete with Bitcoin due to their global transaction fees whereas Bitcoin is so cheap.

It will not survive in this society, because there will be no reason for bitcoin to develop with human exchange.

I agree to that. I pretty sure that bitcoin is one of the cashless society. In fact, it is possible to be the alternate currency to fiat and this system are probably use with the help of block chain technology and unlike to fiat it is untouchable so it means that it is a virtual currency and in the future bitcoin are really survive and being implemented all over the world.

yes of course bitcoin will be able to survive because I see bitcoin has good potential you should be able to see the potential of the total supply of bitcoin currently available only 21 million pieces of bitcoin which means bitcoin will become very rare.

I agree with you, indeed since Bitcoin is a digital money and not something we hold literally like fiat money, it is indeed a money when cash will be removed. Every bitcoin and altcoin holders will be very wealthy that time.

Bitcoin will survive in a cashless society because digital money is meant to be the Essenes of a cashless world. And this all what I'm waiting for a cashless world and hope it will be happen soon.

I think that it will support cashless society! Because it isn't analog.. It's digital!

I think that is where it's driving  to...... And to me it's of great  project

Bitcoin will survive in a cashless society. One of the main reasons why cryptocurrency was created was to improve economies and help turn money into digitalization. Of course we will not know for sure if it will survive until we push into the future, but I think it bitcoin and the rest of cryptocurrency is paving the way for big changes.

It's arguable whether it improves existing economies, or simply stands apart as a separate, more transparent and predictable alternative.  I tend to lean towards the latter.  What we're doing is still generally thought of as something almost disparate and incompatible, rather than supporting any existing infrastructure, but that may change as crypto matures.

Many people think that debit and credit cards are the future. The only problem with them is that we have only 2 payment processors which are centralised and can be easily overloaded. Bitcoin is way different than them since it is decentralised and provides even faster and independent transactions (lightning network). Give people some time to learn about Bitcoin and how to use it.

Bitcoin if legalized, will help cashless society.

Yes, Because Bitcoin is not popular for the digital nature of it but it has the USP of decentralization which is not there in the case of blockchain fiat currencies (still in the concept form) so I don't think that a cashless society would affect Bitcoin in a negative sense but in fact, it will boost the Bitcoin user base by building the cashless environment for the users and it will be easier for them to shift their payment system to cryptocurrencies.

Yes because that is the nature of bitcoin as long as you have internet you just click it and transactions will go no need to carry cash so it safely to travel.

Honestly, I don't understand what you mean.
Do you mean, with the existence of debit cards, we don't need bitcoin? If yes, you are wrong. Bitcoin is completely different. Debit cards are working centralized.

it doesn't have any relation with bitcoin success!
cashless or not doesn't not affect bitcoin directly.
Bitcoin is seen as an investment instead of a currency.

If the time comes when there is no cash , just an online money, bitcoin will survive but in a society where there online is not yet implemented bitcoin will not sustain its life and So this means you have a very small chance to survive with this "Cashless society

not only will survive but also be a valuable resource for society

China is a bit different. If I remember correctly, their level of cashlessness is light years ahead of everyone else. And they use third party payment processors such as Alipay instead of debit/credit cards, which isn't yet done in the western world.

But there is no reason to believe that bitcoin can't survive in a cashless world.

In fact, as more people get comfortable with the concept of a centralized, cashless society, the obvious decentralized alternative would be bitcoin, for anyone that would like to store their wealth within a independent asset. BTC can be easily integrated into day to day commerce, just like any third party payment processors.

We know that bitcoin can survive in any society but for now we all know that there are a lot of things and matters that already facing by crypto currencies at this moments but sooner or later when all the mistakes and problems are already fixed it will go back again to the normal and it will giving again a lot of more profit to the people in every society it will just take a lot of a matter of time.

cashless means  to eradicate cash from the society whereby digital channels will replace cash. i know since bitcoin is virtual currency, it will survive and replace cash.

Not just bitcoin alone surviving the cashless society, we have the prospective altcoins too. Just like a tweet from McAfee, that we should
Hodl our cryptocurrencies; government will beg to have us sell our tokens in converting to fiats.

China's "cashless society", they mainly use WeChat payment and Alipay payment! They rarely use credit and debit cards!
The cashless society will eventually come, and history will always advance!

I dont know if bitcoin can survived in a cashless society because till now bitcoin is still at the bottom.If it will always continue in this way many people will have doubts in it.Some countries are using already a card for transactions and I think they prefer a stable value rather than a volatile one.

A cashless society is just where bitcoin is needed. Bitcoin in cashless societies will be able to rub shoulders with the digital money in terms of convenience, speed of transaction, safety and transparency.

China does not use fiat money anymore beause they are just using debit and credit cards, but they are not using bitcoin as a main source of payments, since it is prohibited

BTC wants to survive in a cashless society! We should pay to China's WeChat payment and Alipay payment to learn!
Because their payment is on time and there is no transaction fee!
Just take out the phone and scan the QR code payment!

yes, if the public is able to adjust with the bitcoin currency, and become a tradition like they use credit cards, then bitcoin will survive for a long time in the community.

but the problem now is whether people are ready to accept the presence of bitcoin or not?

this is our duty to provide an explanation of the crypto world to the people.

Altcoin is indeed an important part in the development of cryptocurrencies. Currently altcoin and bitcoin become one of the financial system with a very large number of users. The market share is also very large and even beat other online financial system that has been long. Circulated, so paypal could be unbeatable by cryptocurrency. Gradually this will continue to grow and I believe in the future that the development of crypto will increase. If calculated then the combination of crypto and fiat could provide a much safer financial system. Over time then with the digitalization then we will be familiar with crypto and it is not impossible that in the future crypto will fully take over the world's financial system.

I think they can as long the government itself will be able to support the services of bitcoin in this industry and many people will support also the services that they offer to the public market.

Each Chinese national has about 5 cards on average, according to a new report released by the China Banking Association. China had issued 7,030,000,000 bank cards by the end of 2017.

Even if Bitcoin is not legalized under a cashless scenario, it WILL thrive and it will be adopted by tons of people as a way to circumvent the Orwellian government control on money, since cash is the only way left to have some privacy in your life.

It will happen out of necessity, and the price will go REALLY high that day, it doesn't matter what the government has to say about it. I can't wait for governments to ban all physical cash, that can only help Bitcoin. People is not going to magically give up to off-the-radar business because governments ban cash, they will look for alternatives and Bitcoin will be the most liquid one.

How sure are you with this statement?

A cashless society will increase the demand for cryptocurrencies like bitcoin. This cannot kill bitcoin, it will boost its usage.own As long as there will be improvements, the introduction of the second layer protocol (lightning network) for bitcoin's blockchain is the possible relief for the current problem.

Bitcoin may or may not be accepted by the majority of people in the future. While it is true that technology is at a rise today, not everyone is familiar with what Bitcoin is and how it works. Bitcoin will survive in a cashless society once the majority of people have accepted it, especially the governments. It is important that the government will recognize Bitcoin as a means of payment in order for it to retain its value, and for people to have less skepticism about it as well.

it seems that bitcoin can survive in the community without the use of cash but certainly not for a very long time because people prefer the use of cash rather than using digital currencies such as cryptocurrency bitcoin.

of course bitcoin will last forever even if people no longer use cash, the reason being bitcoin will remain popular as an investment worldwide.

Yeah, that's what I though too. Going cashless means being able to rely on technology to handle payments for you. Correct me if I'm wrong, but isn't the point of all this to have a virtual currency in a highly digital future? Bitcoins are already being accepted by stores, augmented reality is already a common feature in our apps and gadgets and soon, headsets will replace our phones. The transition has already begun. What do you think of the fact that those who rely too much on tangible things and cant' adapt to new technologies wouldn't survive this kind of future?

I don’t think bitcoin will face any problem in countries with classless society,they are not direct competitors due to using different technologies,which can be used for different purposes and will be in-demand.

One of the Bitcoin's missions is to become an online payment method promoting cashless society. And of course it will survive! Actually, at present, it is being used to pay for goods and services. So I think there is no reason for which bitcoin won't be used in the future.

Using Bitcoin as a payment method is an inherent tendency in the future. As you can see, more and more countries have accepted Bitcoin as a legal payment method. For example, recently Japan has legitimized Bitcoin payments. So in cashless society, Bitcoin will not only survive but thrive well.

Although in this period governments is still grappling with the legal and fiscal implications tied to virtual currency and are faced with difficult choices, we have reasons to put our belief in Bitcoin future as a means of payment. With unique characteristics like anomynous, fast and fee-cheap transactions, Bitcoin has huge potentials in online payment. A cashless society will surely promote its dominance.

Well I'll disagree with you on that. I believe in the next five years bitcoin will survive in cashless society because most people love to be secretive with their account balance and anonymous in every transaction which block chain is providing. That's the unique feature. 8)

I think yes, actually we can say that Bitcoin is one of cashless society under decentralised Blockchain. Even though  It’s very difficult to say that Bitcoin can defeat the using of fiat because its really hard for entire country to adopt the advance technology we have right now. But in the end of the day Bitcoin will survive versus the digital money of banks, if every government will not interfere with it.

it will fit right in actually. that is how cryptos were designed. but not for now since it is not considered a currency.

i think it will be the cashless society if the bitcoin is more popular than now, right now we can't use bitcoin like the other cashless system like the wechat pay on the china, android pay and apple pay that synu with our credit card, bitcoin need to improve on this sector to makes bitcoin is more useful int the public

US Dollar, UK pound, Gold and Silver have seen World War 2 and 2 nuclear bombs dropped on Japan that killed 200,000 people because Japan had 80,000 suicide pilots ready to crash planes of American warships.

I believe that indeed bitcoin will survive in a cashless society. Actually bitcoin introduces us to cashless society. Eventually people will all use cryptocurrencies.

but this is a divorce of clean water because some sort of a left site is offered to you, but Socratus is something new in the world of crypto

Yes I can say, that bitcoin will survive in cashless society because from the start its transaction is cashless, we can use bitcoin as mode of payment to school or companies. It will be more successful if it will be accepted to different countries. Hope time comes it will be united ans accepted.

If I think the possibility of bitcoin used for payment means may be small because in each country must have its own currency for its payment instrument. And not everyone knows bitcoin with its function, its benefits, how to use it, buy it. That's my opinion.

Yes I think so, because every year technology is being advance there's no doubt that Bitcoin will be one of the payment method and will survive on a cashless basis society.

Yes! But not this time because of unstable and lack of technological research that provide various levels of blockchain technology that can support bitcoin going their peak or golden era. Maybe after a several years or decades we expecting that bitcoin can greatly overcome those misconception and it can works as a better technology that fully survive in to the near future.

Being cashless for almost a year now, we were able to survive. Honestly, in my opinion its much more convinient no need to fall in line to an atm or bank to withdraw your money. All we do, is scan and transfer its so hassle free. Though you need to double protect your ewallet since its stored online. Alot of hackers are doing just anything to steal your funds so better be extra careful who you transact with.

If bitcoin is supported by almost everybody including banks,convenience store,merchants,malls and etc..then it will survive in cashless society.Online transactions makes our daily jobs much more easier and quicker.Imagine using only our smartphones to pay bills,purchase items and more with your digital money in your wallet including bitcoin and your regular currency.

Agreed! I think that's the whole point of bitcoin and blockchain's inception. And that is to embrace going truly digital. It's convenient, right? No more cash, no more deposits and withdrawals. Everything will be effortless. I heard a rumor that fully adopting a virtual currency will indeed happen int the future. Scientist and influential people in the business world are working to pave the way towards a virtual future. I'm sure you've noticed how not just bitcoin is gaining attentions, but also VR headsets, iris scan technologies and augmented reality apps. That's just a tip of the iceberg. What do you think about going cashless AND virtual?

We already experience a cashless society thru our credit/debit and atm cards, cashless transaction is a new way of payment system that can make us comfortable anywhere we go and it's a risk free because you don't need to bring cash and bitcoin is a big part of this because it is an online currency that will change our payment system.

bitcoin will not just survive it will fit just right in

Personally, I think the biggest value of Bitcoin would become more and more like the value storage and value transfer all around the would freely and instantly.

extra online safety education needs to come with it. Bitcoin is an essential part of cashless society, it's a great option for people to fiat, I'm sure they will both exist hand by hand

Bitcoin is already a part of cashless society because a lot of holders and investors are already using in cashless transactions so instead of struggling virtual currency, it might be the leading online currency in the future. Bitcoin will be one of the most qualified currency in the in the coming of cashless skciety.

bitcoin was designed for the cashless world. it will be a perfect fit.

if bitcoin will persist I am sure too. if we see many people who belong to their economy because invest in bitcoin gan. even I myself have no other business except investing in bitcoin. alhamdulillah since my investment in finance bitcoin I become more stable.

Good mind on this question, but I think that next year will be better. Technologies are growing up, and in near future we will have ability to use some new effects from Bitcoin.

I think without legalization though we can still use bitcoin for transactions right? so essentially like this, when cashless society comes of course all the online currency will become popular because everyone has a gadget. so is bitcoin. will definitely survive or even become popular

I think  it will survive because of improvement of technology maybe someday you can use bluetooth to transfer money using offline connections. It could be possible because nowadays they using digital money to pay in every transaction it will survive because of globalization. We need to adopt the technology of human being to make lifes more comfortable.

i dont see any reason why it wouldn't survive. Bitcoin was created for us to be a cashless society.

Yes bitcoin can survive in a cashless society because even now it's mainly uesd for investment and trading online. Cryptocurrency is all about going cashless we used them for buying, selling, investment and trading all this are done online with the help of technology improvement. And I believe in the nearest future as technologies gets more improvement the bitcoin will strongly survive in a cashless society.

Possibly, it is a really tough call though, despite the dystopian futures portrayed by science fiction, whereas everyone would assimilate into digital currency use flawlessly. It is possible to live within a cashless society, but it shouldn't be rushed, Ludites need time to adopt technology. Not everyone is gung ho on innovation.

it was made for the cashless world. how can it not survive

In my opinion, I think it will survive because it is also a digital currency. It doesn't have any physical attributes. As long as the countries will adopt Bitcoin to their system, it won't die.

I thibk that it would survive, because we are now in an advance era wherw technologies are rising, this will prove tgat bitcoin will survive in a cashless country. Bitcoin can also lessen the number of people whp are strugling to find there jobs and the directions of their life. Yet some good news aboit bitvoin that universities and students are now aware on how and what benefits that they can get if they learn this currency.

in my opinion, bitcoin without cash also means nothing. because almost everyone is using bitcoin as an investment asset and will surely be exchanged for cash. Until now no one has received payment using bitcoin.

I don’t think bitcoin will face any problem in countries with classless society,they are not direct competitors due to using different technologies,which can be used for different purposes and will be in-demand.

First, to clarify your claim, china is far from being considered a cashless society. Maybe, just maybe, cashless transactions are thriving in their large metropolitan cities like Beijing. But we have to remember that the largest part of china is made up of villages and provinces that are still living in poverty. The country's economy is rich though.

Bitcoin will definitely survive in a cashless society but it should be coupled with real progress in the conversion of the world into a really digital world. The progress should be parallel.

You should be able to see the total potential of bitcoin supply currently available only about twenty satua million bitcoin pieces which means bitcoin will become very rare and of course bitcoin will survive because I see bitcoin has good potential

Bitcoin will not only survive, but will take the leading position in our world, the bitcoins are convenient to translate to each other with small commissions, there are no state borders and bitcoin is easy to use

"China Mobile" has 800 million subscribers, the largest subscribers base with a single mobile phone service provider

Bitcoin will only survive as a crypto asset based on pure speculation to support it's worth. Day to day transactions and real wealth will be tied to your bank account. There are many better options than Bitcoin as a medium of transfer such as credit cards that give you much better protection guarantee and rewards.

Bitcoin has really crummy safe guards and by being pseudo anonymous one can really lose everything if they are hacked or simply can't access their wallet because of a password issue. I can't really see a purpose for the Bitcoin in day to day transactions as it is not scalable and there is a transaction fee. Credit cards are for most part free if you pay your bills out in full each month.

Crypto is like a bank version of internet, where as you can save, invest and such. It does not necessarily means bitcoin is a physical aspect. Probably it will survive because this is its main purpose. To help people do transactions without having a physical interaction to a tangible money. The physical presence of bitcoin does not really need therefore it will survive in cashless countries.

Yes, obviously it will survive. The cashless society, as the name indicates avoids the use of cash. It aims at digitalizing the financial transactions. Bitcoin and all cryptocurrencies are digital, implying they don’t have any physical presence. This in fact is good for the development of cryptocurrencies. The cashless society will increase the use of cryptocurrencies and its growth.

He can survive but he needs to become legal and cooperate with governments. Bitcoin has a great chance for the future, the main thing is to do what is necessary for further development.

Not using cash can not be applied immediately. Most of them still have low intellectuals, do not change, do not apply advanced to life. Ever get rid of old ideas will have the opportunity to flourish. Cash used for small-business commodity exchange transactions. More time may be new. Bitcoin is forever sustainable.

Bitcoin has failed as a digital currency now that expedia removed Bitcoin for payments. How is bitcointalk.org's "marketplace" where all kinds of products and services are for sale for Bitcoin. I saw 3 bedroom apartment for 91 bitcoins.

Well ... the world is changing very fast. Consequently, ordinary paper money, sooner or later, will go to the past ... however much we are accustomed to them. Progress is constantly moving forward at a high speed ... and it is not possible to stop it ... only to slow down a little (which many states are trying to do)

I think bitcoin will survive and thrive in a society that has started using digital money. With a very high public response to bitcoin, it will signal the development of bitcoin and will make it a mass currency, which can be used in various countries.

Why not?

Bitcoin is digital by nature and will be always so it's obvious that it is even better prepared to be used in everyday transactions in a "Cashless society". In fact, thanks to it's Blockchain technology it will be able to do even better than fiat in that matter.

The only need that needs to happens is Bitcoin getting more stable in some years as the mining rate decreases and it settles on the market and costumer preference worldwide.

Are you for real? Thousands of people were paid on this very forum with Bitcoin for various jobs starting with signature campaigns and ending with creation of new altcoins.
If you want examples from outside the forum, just google companies that pay their employees in cryptocurrencies. You'll be amazed how many there are.
Cash is not important. I haven't been using cash for some time now. I always have some with me in case the terminal doesn't work or to unlock shopping carts, but I rarely spend it. It's just more convenient to use a card.

You know why governments and banks are pushing for cashless society? It's not because they want to make everything more convenient or fast, they simply want to control the finance of every citizen. So, Bitcoin shouldn't be viewed as the opposite of cash, because it's digital instead of physical, in cashless society Bitcoin is electronic cash - it can't be frozen, seized and with some tools you can even hide your tracks. Just like cash is often used today for transactions that circumvent regulators and taxman, Bitcoin will be used in cashless society when physical cash will be gone.

That is the end goal i guess, for bitcoin to be the most used digital cash out there.

The era of cashless society as of the moment relies on plastics (as many like to call it), cards that you bring along with you provided by banks and governed by central authority. But bitcoin offers a different take, a purely digital means of payment, it is there where bitcoin will thrive against current convention.

Right now,for banks to issue you a credit card, one must have a good standing balance and of course a good banking track record too. Here it self, takes away the opportunity for many to avail such services. But bitcoin does not. It gives freedom to all, no categories. Rich and poor alike can utilize the system. And this is what we needed should we really want to witness a truly cashless society.

We need a permission-less platform for a cashless society to be realized, where no one is prevented the usage of platform and luckily, this is one of the innate attribute of bitcoin.

Bitcoin as a digital currency is already in its cashless form. The operations of cryptocurrencies are similar to that of PAY-PAL and credit cards. When the need arises, bitcoin can also be converted into fiat. NO MATTER THE SITUATION, bitcoin will survive!

Bitcoin is the key towards the cashless society and that is why i believed to bitcoin and i know that in the future it will survive the crisis and a lot of problems during his rise and he will lead the countries or the world towards a revolution of currency where they will be implementing cashless societies to different countries.

Yes it will. Its the very reason why bitcoin is a digital currency. It will not only survive it will exist and helpful to the community because of its value.

Exactly. As a digital currency, it's an obvious outcome that society will go cashless. No need for cards or cash. Sound so convenient, right?

I think you are questioning it the wrong way. It should be "Will credit/debit cards survive in the cashless world with bitcoin's prescence?" Because we all know that we just need an online wallet and a smartphone to transact and we always have our phones more than our ATM cards.

This is very likely, but it also depends on the attitude of countries to cryptocurrencies. In early May of this year, Bank of Korea (BOK) announced plans to use cryptocurrency and blockchain technology to create a cashless society. Bithumb, Korea's largest crypto exchange, is pushing for digital currency in the country. But there are also countries that ban cryptocurrency transactions, such as India.

of course bitcoin will survive in that phase it will even become popular, you know bitcoin continues to grow and develop due to the advancement of the era when people start to know bitcoin because of its great innovation, progressing and cashless happens of course bitcoin will be used by many people

in my opinion,yes bitcoin will sirvive cashless society, by using the advantages and disadvantages of bitcoin to connect to the idea of a cashless society in modern times. Each disadvantage is given a solution which would allow for bitcoin to advance society towards a cashless future.

Cashless society means the use of cryptocurrencies or digital money instead of using fiat currency.  There are actually pros and cons about cryptocurrencies in the cashless society scheme and there will be difficulties during the transition period between those who loves to use fiat currency who, somehow, are force to use cryptocurrency as the medium of buying goods.

Of course bitcoin will survive the cashless society. Bitcoin is a cryptocurrency, and cryptocurrency is a digital money. Therefore there is a huge possibility that a cryptocurrency like bitcoin will survive a cashless society for a long time. You do not think it will?

Yes bitcoin can survive as cashless coz cryptocurrency is a digital money so bitcoin will definately survive as cashless society.

Mastercard slogan: There are somethings money cannot buy, for everything else there is mastercard.

I think that this is a rhetorical question. of course it will survive because since its birth bitcoin is considered a digital asset

until that day will happen, but it will take a long time maybe a few decades. and the facts up to now we still need fiat money for everything in real transactions.

I think bitcoin will be survive in this cashless society, this is because bitcoin also a part of that cashless thing so, i think it will be better for them to combining themselves in that cashless community.

As we advance in technology and we are also shifting in a cashless society, bitcoin has a big potential to become the currency of the world. Bitcoin is the most influential and most useful digital cash now.

cashless society will be popular in the future, right now there are ony big country that use digital currencies and use their digital wallet to pay something, but in the future we will see all payment will be in digital currency and one of them is bitcoin or other cryptocurrencies

I have a different point of view in this case, in my opinion bitcoin and cash are still running together, it's just that it doesn't look like before, so it happened in China.

yes, for sure, it is precisely this kind of situation that supports the existence of btc, I'm sure btc won't lose from altcoin or all digital products from banks, it's just a lot of obstacles, we have to wait patiently but I'm sure btc can play an important role in the era this is new, and we must be prepared for all the changes

What I know is that bitcoin is a digital money that is very popular nowadays and bitcoin also has many advantages compared to other coins, I hope that in the future bitcoin will become a payment tool in stores and online stores.

Of course it will, crypto currency is actually one of the types of non-cash money.i believe that bitcoin will survive cashless society will be popular in the future very soon.

Honestly, I don't understand what you mean.
Do you mean, with the existence of debit cards, we don't need bitcoin? If yes, you are wrong. Bitcoin is completely different. Debit cards are working centralized.

Bitcoin is one of the frontiers of cashless society, it's created to facilitate it to a greater extent. Since this involves the total movement from fiat,
If this is achieved, digital currencies willl swing in full usage. And that will be very great for bitcoin.

Bitcoin will survive in the cashless society because since the beginning, it has always been cashless as the age of technology progresses. Digital money is getting popular these days and in the future, paper money may not even exist anymore.  It is secure and is easier to use and facilitate. Countries will soon understand that we do not need paper money in this age since everything is digital. We should continue to adapt in the advancements of the future, bitcoin is the future.

If Bitcoin's technology is completed perfectly and the government control or solved problem come from terrorism and money laundering, I think Bitcoin's feature could be used widely in "cashless society".
That days is coming, but there are a lot of challenges for us to overcome :)

Bitcoin is now very popular, and some stores are starting to accept it, as a payment instrument. So that in the future the use of Bitcoin and blockchaine technology will be increasingly used in the community for everyday life.

bitcoin will definitely survive in a cashless society. and infact part of the reasons why digital currencies is still making head ways in our society is because the world economy has accepted cashless policy. so in the nearest future i see bitcoin becoming more enlarged accepted all over the world as a means of transaction.

I think the whole use-case of bitcoin and other cryptocurrencies is the fact they are centralized, the whole idea behind them is to cut the middle man (banks) and provide safer, faster and more secure transactions

The best advantage of cashless society is that you do not have worry about the change. The exact amount is taken from your debit or credit cards at the shops/stores.

of course, with the existence of bitcoin in this world, for us to buy electronic goods whose shops are willing to receive bitcoin, it is certainly very helpful, because to make transactions is also easy and fast

Bitcoin will definitely survive the cashless society because it is the purpose of it. I mean bitcoin was created to have a digital currency meaning it doesn't have any physical body or not tangible. It will survive for a reason that bitcoin only need an internet and gadgets to be use as a payment and in transactions. No need card or anything else.

The vast majority of societies are now cashless, I know in Europe this is true, while in Asian countries like China, this is less common. I think that Bitcoin is the natural progression of things, CASH -> CREDIT -> CRYPTO. Bitcoin wil survive because it is slowly eliminating the competition, and when Cash is gone, its competition will also be massively reduced.

Bitcoin will survive in a cashless society for sure. It might be even more Popular because many will people will use it in their everyday lives. and many businessmen will invest in cryptocurrency. I can't wait to see our society going cashless.

I think bitcoin will survive because as the society become cash less the people prefer more bitcoin because it is also a cashless money which is use by people so that they can do shopping.

Everything can go cashless if everyone agreed to accepting some currency as a payment of their offered sell items, or services.
If the society can managed to get everyone such as buyers and sellers into their community to agree using bitcoin, then cashless society will survived.

Looks like Bitcoin has a future more as a digital asset and less as digital currency.

at the moment and the digital currency is going to soon make cash and non-cash money unnecessary I think that the banks will also cease to exist, it may be some kind of alternative to banks

Cashless society better suits btc because btc itself is digital. If all countries should go cashless, then we can say that of course the future we see for btc, will definitely come to pass.

In a cashless society, transactions are done without the use of physical cash. Bitcoin being a store of value, a currency or whatever people say it is, fits in this context because it is a digital currency that requires the use of an internet to operate and it's not physical in nature. It certainly will survive in a cashless society.

Mastercard maintains 99.999 % availability and can process 3.4 billion transactions per day at 38,000+ transactions per second, with an average response time of 140 milliseconds….

Visa is at 24,000 TPS

https://www.quora.com/ (https://www.quora.com/How-many-transactions-do-typical-banks-process-everyday)

TPS = Transactions Per Second.

While bitcoin have blocks each 10 minutes with 2500 transactions aprox, that give us an averange of 4 TPS.

Yes probably. BTC is the future of cashless society though. Like paper before as a currency. This is the real world every thing will evolve into much better thing and be more innovative. It will survive for me because BTC is decentralized, meaning it is acceptable as currency in some area of the world. It has also has its value so probably as paper cash have this will probably happen on this.

I don't know about this, cashless means we would be heavily relying on crypto, and therefore every country would be using BTC, and such other cryptos as well, and in result of that, I don't think that we'll be able to survive living in a cashless society today, probably in the future yes, but as far as I can see I'm not yet sure about it though, but I am hoping for the best for our society and to the crypto world as well.

Bitcoin itself is cashless, and i think it is good because peoples are used to digital money.
debit/credit cards need a fee for 3rd party of it, but crypto is not. If cryptocurrency can be used in very low fee, then it will be the best digital currency.

I doubt we will move to a cashless society any time soon at least not in my life time, and then once that happens you need to have a universal currency everyone can accept.. as a global community we can't even agree to cut emissions or try and move to greener fuels so add X years to that figure. The way I see it is crypto will never replace a currency system instead I think there will be more adaption for the block chain tech more than anything else, to trace where food comes from, parcel tracking, communication, storage that's the true value of the tech not £/$/€

I think yes, bitcoin will survive in "Cashless Society" where people will use digital money more than paper money. Our live is become more modern every year and I'm sure someday we will not use paper money anymore, maybe like on the next 10-20 years. Bitcoin is really suit the cashless society though, like you only need scan your QR code and you send the bitcoins.

There are so many more processes to happen before it is generally accepted in everyday use. But are slowly moving towards that goal

Bitcoin is a digital cash and more usable as payment for goods and services than other cryptos. Definitely, it will survive and brings a big change in our financial system.

When bitcoin is available in any store, then bitcoin can be a new payment for us which we can use to buy anything in the store and not only the online store but it also in the offline store. So we don't have to use many types or credit card or debit card, and we only need to carry one wallet which bitcoin inside because it's simple to use and we don't have to use card plus we can save the PIN for that card. Besides that, it will reduce the opportunity from being stolen by another people because they need the private keys or our PIN to access our wallet.

I don't think why peoples are stating that bitcoin will fail in such society how can they forget that bitcoin is a vital part of cashless society . Bitcoin can help in transaction and monetary payments without use of any cash just by simply a touch of today's technology can pay someone in any part of this world.

Cryptographic currencies are currently building trust to be applied in daily activities so that they can create non-cash settlements. And bitcoin was the first to popularize the payment system using digital coins. However, despite the obvious progress in the transition to non-cash settlements, it seems to me that cash for many reasons will be there for a very long time. Crypto currency will run in the company in parallel with cash.

that is certain, maybe even if BTC is fully legal, people will be more interested because in terms of transaction costs it is much cheaper, security because BTTC using the blockchain system will definitely be safer, this is a new era, all digital, I am used for that, this is a new lifestyle, I'm sure btc will become king in this era

So, Bitcoin is platform to move money around cause I don't get the reason that made you said bitcoin will fail by using cashless system in the world.

Bitcoin has been the major reason we don't have to move money around but with Bitcoin you can transact with someone in another continent with out even be there and with less transaction fee and instant credit but on credit card you have to wait for some days for inter bank to remit your money which even have more fees compare to Bitcoin and don't forget that Bitcoin has no tax or third party requirements , so I don't see any reason for Bitcoin to fail in cashless environment but even will get stronger .

Its not sure whether Bitcoin will survive the cashless society or not but cashless society will surely survive coz lots of countries are now cashless without being operating the bitcoin. However, bitcoin is stand alone entity so anything said in or against will not do the justice.

Bitcoin will thrive in a cash and cashless society it will just take different roads to get their depending on which kind of economy it is. Honestly bitcoin won't be hindered by other means of transaction bitcoin can stand on its own as the superior means of transaction.

Bitcoin is the real deal when you talk about cashless society because when you talk about cashless society you are referring to a society where the use of physical money is absent ond the use of digital currency become the way of life, so bitcoin will survive and even do well in a society were they practice cashless society.

i think bitcoin is among this cashless currency because is digital currency it can also play a great roll in the cashless society hoping to see bitcoin as number on currency in my country.

Bitcoin will definitely survive in a cashless society. Looking at the transaction fees charge when you use debt cards and credit cards, I believe bitcoin will be the best option in terms of using digital cash in making transactions. Bitcoin offers a low transaction fees compared to the others

It's no doubt, China is indeed one step ahead of other countries, especially about AI. However this is still the early days, it looks like China will probably lead to retail and consumer ends, while other countries, maybe leading autonomous driving for now, for example the US.
China's the first country in the world to use paper money, and a number of observers believe that China too will implement a 100 percent transaction system without cash. So it's not impossible, bitcoin will be eliminated and defeated by their technology.

cashless society if very popular right now because of it is very simple to use, don't mind about any changes, and other thing, in this situation we can use the bitcoin as the cashless society currency beside the debit and credit card because bitcoin is easy to use and flexible

Yes, I think that's one of the goals of bitcoin. A cashless society... With the difference being that with bitcoin, globally, people can also go cashless, not just limiting it to China and the USA... From around the world, anyone who has access to bitcoin can transact on a cashless basis without the need for a debit/credit card.

I really hope "cashless society" will coming soon. Surely, at this time, bitcoin will be the king of currency

The answer is YES, as we already know that the main purpose of bitcoin has been made is to become a currency without cash. We can imagine how easier using bitcoin or things that is not using cash to pay something. Just move your digital number into another wallet.

Cashless? Uhmm i think thats impossible . not all can afford to buy a crypto and not all times we can use s crypto . what if we became stranded on an island that no one recognize crypto ? what if there is no electricity or internet ? Do you think we can use a crypto ? No right ?  

On the time that credit cards and other payment methods have invented  , many people say that cash will be extinct on the future but until cryptos came out  , cash are still here.

Ofcourse yes, bitcoin is a good example of cashless society in just one click they are paid to thier purchase. But it only happen if any store accept Bitcoin as payment, once Bitcoin accept as payment surely all transactions will be more faster. Therefore Bitcoin can survive in cashless society and I think it is much convenient to used than using credit or debit cards. But I think if you have bitcoin its better to hold it than used it as payment because its value is unstable,  so it mean there's time its value is lower and sometimes higher.

What is the fate of the creator of bitcoin? Does anyone know what the bitcoin collection is ??? if you know, please tell me in this forum.

Bitcoin at the moment is considered a store of value by many people as well as money that can be transacted and used to purchase goods and services. As it has finite supply, it is here to stay for the interim. For how long it will be around only God knows and the Powers that be, but for now I see Bitcoin hanging around for a few decades at least, as long we have this technology and the Internet still in tact. If this technology dies, then Bitcoin dies with it.

I do not agree that bitcoin will become the king of currencies because not everyone knows about bitcoin and not all understand how to get and use it but know whether it is bitcoin. It is possible that bitcoin is the world currency but does not have to delete cash. We recommend that you make a choice using cash or bitcoin.

yes of course,, bitcoin will survive, thats the aim of bitcoin a digital payment for all transaction.

Definitely YES, because its the nature of it and it is made with the vision and mission to make a cashless society. Hence we need to be aware of the negative sides like the hackers and scammers. It is a great commodity for our convenience and for ta better future ahead.

I am sure that as time goes by, bitcoin technology will be even more powerful, easier to use and certainly more secure. we have felt the benefits of bitcoin are so great, even all people can benefit from bitcoin if they are able to manage properly. I am very happy if bitcoin will continue to grow and have value.

Digital currencies do not pass the basic requirements of how a currency should be
but the World will eventually have only one currency, the internet will also have one currency. I personally believe that the currency is bitcoin

That is the basis for Bitcoin to survive in the future. Will Bitcoin really grow as strong as people still speculate? However, Bitcoin prices are showing signs of decline.

Bitcoin is cash in digital form. They are anonymous, it is convenient to transfer them, to buy goods and services on them. Bitcoin won't just survive in a cashless society, it will be king there.

If we are to talk about era of cashless society, it is obvious that we're also talking about cryptocurrencies, therefore, bitcoin is the main crypto in that era. If it became into reality (cashless society), there's no reason that bitcoin won't survive because we already know the significance of bitcoin in a cashless society.

China is really ahead of other countries, especially about AI. China is the first country in the world to use paper money, and some observers believe China will also implement a 100% trading system without cash. A non-cash society ... From anywhere in the world, anyone with bitcoin access can trade in cash without a debit / credit card.

Bitcoin will make the society completely non-cash, now most people use Bank cards, but will soon use a mobile phone and QR code

Yeah very true in these digital or cashless world bitcoin will not only survive infact it will grow with very fast pace .

everyone certainly doesn't expect that. I know that transactions using bitcoin are more effective, but cash is also important to keep the traditional market economy going. if it allows bitcoin to also be used as payment in traditional markets, I think that will come true.

of course bitcoin will continue to exist and survive, as we know bitcoin as a payment tool and many companies have accepted bitcoin

It will survive, however its value may be a bit lower than it is now. As more countries will be "cashless".

It would definitely survive in a cashless society, it will most likely be the only real decentralized option.

Bitcoin is a digital currency and cashless society will only create a favourable grounds for Btc to flourish. Maybe people will get more reasons to get into crypto in a cashless society

In my opinion in some developed countries Bitcoin is a legitimate payment instrument, and they don't have to use cash but digital money or credit cards, it's safer and more practical for payment. Bitcoin can survive in the community without using cash.

Yes, definitely, it will survive and brings a big change in our financial system. Bitcoin can help in the transaction and monetary payments without the use of any cash. I hope we don't have to use many types or credit card or debit card, and we only need to carry one wallet which has bitcoin. So I believe bitcoin will be the best option in terms of using digital cash in making transactions.

Bitcoin can or not be accepted by majority of people in the near future. The reason Bitcoin will remain popular are worldwide investments in Bitcoin.

Of course, bitcoin will survive in " Cashless Society" where people will use digital money like bitcoin. I strongly believe bitcoin is a good example of a cashless society. If it became into reality, there's no reason that bitcoin won't survive. So I believe that as soon as possible Bitcoin will be accepted all countries and it will survive in cashless society.

definately bitcoin will survive in cashless society bcz you can in england bitcoin is popular and all over the world people like bitcoin and bitcoin is virtual currency and virtual currency is future money.

Yes, absolutely it will survive in cashless society. Nowadays Bitcoin has become so popular everywhere. And people are starting adopting it. Now many big companies are started to accepting Bitcoin as Way of payment. So it has the ability to survive in cashless society. People will easily make the use of it to purchase the things in upcoming days.

The world financial system is moving towards cashless mode of transactions and that bitcoin/cryptocurrency as the only currency which does not have any physical value but exist digitally is the main target and means of real cashless, the cashless society will survive well with the use and adoption of cryptocurrency as the global currency.

there is also evidence that other countries are using and approving bitcoin as a transaction tool, but this is not fully used for transactions, of course cash is still used, because it plays an important role.

Bitcoin is like digital currency and store of value. Its more flexible than fiat money. We can use bitcoin in others country as long merchant accept it. But the obstacle is on government regulation, and if regulation issued by government i am believe bitcoin will lead in cashless society because beside used for currrency, it can use as store of value

Yes it will of course. Bitcoin is different to a normal form of digital payment. It is more secured and decentralized which means it will attract more people using it when it gets more mature. I think it will only get bigger and more popular as technologies develop.

The cashless society is yet to come where the paper money will be entirely out of the story. Bitcoin will spearhead this revolution by offering convenience, speed, security, user control, and low cost for transactions using Bitcoins as a payment method in stores, businesses, online and offline etc.

Bitcoin is started to offered a cashless society in some other countries but not worldwide. I think it can survive soon, if all countries developed and with the upgrading technology.

Bitcoin will survive in a cashless society and will flourish. It will be used more in those countries where non-cash settlements are more developed.

It's true and besides you can get enough benefits when you are using account number card which is you don't need to withdraw your funds if you needed to buy something it will happens if the store or market is available and will accept those kinds of a payment methods.

The transaction technology is evolving also not just gadgets, people are innovating things to make life much easier and less hassle, using cashless payment you won't be afraid to get stolen because it is in your card or bitcoin wallet and are safely secured

The money stored in a bank in the form of a debit or credit card must have a physical money guarantee at the bank, and if it is said that money in a cashless society does not have a physical presence, it is wrong. even money issued and circulated in a country also has evidence of physical security in the form of gold worth the amount of money in circulation or known as the pseudo-gold system.

Yes obviously ,As times change with advancement of technology it is important to understand the future of economics.This issue would be a critical point in the history of economics, due to the many forms of economics that uses money supply as a factor in models, equations, banking, and interest rates. The change would cause a ripple effect in the economy, which is why we as economists should understand the issues that come with a Cryptocurrency and cashless society.  Using the advantages and disadvantages of bitcoin to connect to the idea of a cashless society in modern times. Each disadvantage is given a solution which would allow for bitcoin to advance society towards a cashless future. Sweden is used as an example of a location which is deemed to be approximate cashless society. Insights from the Sweden model are applied to bitcoin to show how feasible bitcoin is to create a cashless society. Bitcoin is a viable option for a cashless society if and only if there are revisions to combat its disadvantages.

How you can say if more countries become cashless society bitcoin will fail in the next 5 years? would you please describe? I think bitcoin will take attention more people. Because of transfer fees, Can hide identification, As much customer want they make a transition (no limit). Maybe I can be wrong please explain me with your thoughts.

Yes, i agree with you. Foe me, bitcoin will always survive. In the development society nowadays, i believe that bitcoin will contribute to built a strong cashless society

Bitcoin will survive in cashless society, may be not replace fiat money entirely but coexist.

They have different properties and basic concept, such as anonymity and decentralization, that are the greatest advantages over fiat currency.

You right, of course bitcoin will survive in cashless society, because that is the environment of bitcoin that should be, when cashless society happens, of course online currency or virtual currency will be more and more popular, bitcoin as a virtual currency pioneer will certainly be in great demand at that time?

Bitcoin will not only survive the era of cashless society but might become one of the leading currency in that time. The number one cryptocurrency is created for online payment purposes with decentralized feature to help people in their currency transactions without using a third party. During the time of cashless society, people will have a choice of choosing a centralized virtual fiat and decentralized cryptocurrency where middlemen is no longer needed.

If bitcoin is supported by almost everybody including banks,convenience store,merchants,malls and etc..then it will survive in cashless society.Online transactions makes our daily jobs much more easier and quicke[Suspicious link removed]agine using only our smartphones to pay bills,purchase items and more with your digital money in your wallet including bitcoin and your regular currency.

bitcoin in the future will use it and many trading platforms will receive payments using bitcoin so that it will lead to a reduction in banknotes or fiat currency, but there will still be those that use fiat currencies and digital currencies like bitcoin this might just be one of the solutions for the safest, most convenient and fastest payment.

I think that BTC has good chances to be a pillar of cashless society and surely it will survive in such conditions, it came to replace fiat money.

Most likely, Bitcoin will be one of those cryptocurrencies who will lead the cashless settlement, when bank cards will go to the background.

Bitcoin will surely survive in this world of cashless society , even the bank technology of making payment online via credit or debit card is a form digital payment system , today the bank have it token which is visible and tangible for online transaction like wise bitcoin their their are authentication develop on the blockchain to make use of token for financial transaction . this era many banks are exploring the technology behind bitcoin , in my own opinion Bitcoin is tailor to a world of cashless society

Maybe cashless society is possible in China or US but not in the Philippines yet. But even though thats the case, there are people and stores who are already accepting bitcoin as a payment. Since bitcoin and other crypto are digital , I am 100% sure that it will survive in a cashless society. Maybe in the future our credit cards will contain bitcoin instead of dollar or what.

Non-cash payments is great!This is the first step on the way of cryptocurrency promotion.That's how it all started.And it needs to be supported further.Soon everything will come to the point that cash will simply not be needed.Well, maybe not so soon as we would like)But the time goes very quickly.And the era without cash will be in our century.

Bitcoin will continue to survive under any conditions, especially in "Cashless Society" it could even be that Bitcoin and other cryptocurrencies will be used by the public in the future, because I see the development of cryptocurrencies getting faster and more consistent.

I think that btc has a great potential and it will survive. I am not sure for how long but hope that this will happen with btc. I like its benefits and consider it the best choice ever taking into account the blockchain system it is based on

The society will be not cashless. Bitcoin will sure survive but it will be used with the traditional money. People need fiat and usual banks as well. The cryptocurrencies will become more popular a bit later.

I think with blockchain and crypto payments is what we gravitate towards, cashless societies, where Bitcoin and Altcoins as such will take up the payment methods in the future.

The fact that Bitcoin has been around for ten years means that it has necessary potential and demand among the society. The increasing virtualization of society associated with development of computing technology will inevitably lead to the increasing spread of Bitcoin. Some time ago, payment cards seemed fantastic, but now they are an everyday occurrence. The same thing will be with bitcoin.

when the government has supported it without blocking crypto again, bitcoin will be very useful in everyday life, so many merchants that accept bitcoin payments are proof that bitcoin is there and useful

Bitcoin is a beginning to make a cashless society. When the market keeps growing automatically it'll reach common people with ease. Some might feel difficult to adopt and use it in the beginning, but will soon find it to be easier as handling fiat. As governments operating over different countries too have started showing interest upon cryptocurrency surviving cashless society is possible.

Of course Bitcoin can definitely survive on cashless society. We are already in digital era and most sector of industries in our economy has already been enhanced with new stuff and fresh technologies and so this is our definitely our time to see how our monetary and e-payment system can be revolutionize by cryptocurrency itself. This is like e-mail replacing traditional mailing system.

I am believe bitcoin is pioneer in digital money and cashless society. But looking on many digital money right now, i think bitcoin will become digital asset because its more profitable

Bitcoin is an alternative, but not a replacement. These two currencies are dependent. First of all, bitcoin is from Fiat. The Fiat currency, in turn, can safely exist without bitcoin, but alas, it becomes digital very quickly. Digitization is inevitable!

Although there has been several attempts put forward to bring convenience in financing. Digital currencies are gradually becoming the order of the day. However, cryptocurrencies appears to be the most valuable digital currencies with tremendous benefits to its users. As the world become more familiar with this concept and adopts it, Bitcoin will rule because it is the number one in crypto.

We appreciate its usefulness if we fully engaged into these. Basically, we just satisfied of profit we have now from bitcoin because we consider these as an investment. But it is not the only purpose of its creation, instead it is just another form of currency just like of fiat money. Of course, it will survive if the government and the community support for these.

Bitcoin has always been a digital currency and using bitcoin is the new innovation nowadays in our financial system so therefore I am very sure that bitcoin will really survive in a "cashless society" because that is really the main purpose of bitcoin wherein you can be able to deposit or pay without having any physical form of monetary currency in your actual hands.

Although non-cash money is entering our life more and more, cash will still continue to go along with all other types of financial settlements. In life there will always be a place of cash national money that mankind has not yet invented. Cryptocurrency or other forms of cash settlement will run in parallel with each other.

when bitcoin can already be used for some use, bitcoin can survive and bitcoin can reduce the use of cash so that all transactions can make payments without using cash and can only use a smartphone can buy anything you want.

maybe yes, but this will take a long time more than a decade, even if every country has done technology as a means of transaction. and for bitcoin, bitcoin is only the second option and not the main part.

Moreover, it won't only survive, it will lead it

It depends on what country or what the status of your country that you belong in terms of casless society method. Imagine that you are in a not so rich or not so progressive country,how can you survive in a cashless method when your surrounded by not modern store who are not using modern technology to use cards or crypocurrency as payment. But when you are in modern and rich country all of this is possible because they can afford to innovate their technology for cashless society but I hope all of country will grow in help of cryptocurrency to make a cashless society possible in the whole world.

Chaina isn't fully cashless country. After 5 years from, we will found many cashless country, they use Debit and Credit cards. Bitcoin will survive along with Cards. The world is becoming engaging in digital currencies.

I agree. Virtual currency like bitcoin can be one of the best coins for use in cashless society. Cryptocurrency have more chance to survive and can coexist with other virtual currencies. But I think fiat will not going to be replace by any cryotocurrency but it might be converted into digital currency by the central bank. There will be a lot of virtual currencies competing for cashless transactions but bitcoin will surely survive the competition.

The pace of Bitcoin development in recent years is very fast. Along with that, its influence on the economy and trading activities of the countries is very big. So today the countries use it to pay.The purchase became popular and it would exist and would be accepted as the cash that the world was using.Replacing all the cash i thought could not happen.

I want to add more facts about this case. First, using bitcoin is better that using debit or credit card because there are no third parties whos we have to pay them for their service, the second one is bitcoin can increase our saving because we only need to pay transactions fees when we use bitcoin for our transactions as the anonimity that bitcoin have provided to us, it's mean we can avoid the taxation(actually I don't thing that avoid to paying tax is a good thing), the last one is by using bitcoin we can reduce admin cost which mean that our purchasing power will increase slghtly. I am sure that bitcoin is still better than other digital payment metode. Bitcoin will survive in cashless society.

Unless they can beat fiat currency , they never can survive in " cashless society". Most of us use them as a storing method than a currency , so fiat still play an important part in our life

Yes l believe that bitcoin will survive in cashless society,bitcoin will rise in the future to be the currency of the whole world.l believe bitcoin can to something in this world to make the world survive for all this crisis.

To pay with bitcoin qt product / service deployed on bakkt from the average user will not be possible. You'll have to start your account in bakkt, replenish it, and then make purchases. The more goods and services will be on the platform, the more real Bitcoins will be stored on it at the same time ...

If they gather a lot of active users, they will be able to control Bitcoin through hard forks. Type as Vitalka in 2016, bitcoins stolen? - and let's hardfork and will return everything! Miners do not support? And let's change the algorithm for pos in general! Are bitcoin crust developers saying something? Yes, we also have our own ... And most will have to support, in real blockchain, they have already transferred their cue balls to bakkt account for a long time ..

In general, Bakkt is a Trojan horse in a cryptocurrency fortress

This will happen in other countries, and the non-cash society is being used in China. I think the next one will be Korea and Japan. In order to do this, countries must have modern infrastructure and high intellectual standards.

why not???bitcoin will survive and bitcoin is the main way to reach in cash less society.
you can see we are already cashless bcz we use visa ,mastercard and many e wallet service and they are cashless.bitcoin is the safe way to go in cashless society.

We cannot deceive ourselves it is obvious that using credit cards is more convenient than using bitcoin, to begin with there is almost no business that accept bitcoin as a form of payment and even if the waiting times are decent right now we know that when the network is busy it can take you hours to get a confirmation, bitcoin still has a long way to go to be that good.

Unlikely because there are too many Altcoins in Cryptocurrency, we need to unify Altcoin used to pay this will limit the distribution. But FIAT is more direct and more comfortable in transactions if there is no Internet. Without internet, all Altcoin will be completely useless.

well crypto currencies are already big players in the cashless society, there wouldn't be a cashless society without cryptocurrencies. So definitely bitcoin will not just survive but be a major player in the crypto space.

The world is increasingly globalizing, therefore, interstate borders are being erased. Under these conditions, the use of national currencies, even in electronic form, is not entirely logical. Bitcoin fits into the processes of globalization, so its use will only grow.

without the Internet and connection to private technological networks, it is impossible to conduct any transactions on any plastic cards in Fiat, so that cryptocurrencies too will not be able to live without the Internet.

I believe we are already in the cashless system in most parts of the world. Even in the developing world, you can easily transact business payments through cashless methods such as debit and credit cards. Bitcoin is really ready to compete in the world, where the cashless system is already implemented.

Yeah that's is true all develop countries are using debit credit cashless transaction using credit cards to paybills or use it to buy goods in the markets.

To be honest this type of payment system isn't really secured because there are some issue about the card cloning, unlike if digital currency bitcoin is very safe to use for cashless payment system because only the user can touch the phone to pay bills.

I think if more fiat currency become digital payment, bitcoin become one option. Once gold used as currency and when paper money come, gold become an asset. I think bitcoin will become an asset because bitcoin is a store of value too.