Bitcoin Forum

It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.

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

Money earned from the internet is known as digital/electronic money.

People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.

How is digital money is your country ??  Bitcoin is a part of digital money.

The process has certainly begun and started to pick up steam. Transitioning over to a 100% digital money economy is a long way away though. I have spent alot of time in China and it is definitely not a cashless society. Most of the population does not even have a bank account, let alone not use cash. That said, the process is moving, but it will be a long one.

After 10 years, how is Bitcoin in China ??

From the past year In our country there are small percentage of people using this for banking, paying, or even for daily basis. but today because of bitcoin there are more opportunity in bitcoin there are so many company using this even a small establishment using this for their daily transaction bitcoin in our country and our economy have a huge impact not only in positive way but also in negative.

Bitcoin era is not just cashless society but also cardless! Everything will be purely digital. You will pah in the store just by scanning the QR code. You will pay your bills online and send remittances also. Cryptocurrencies really helps our living more comfortable and easier than before. Everything can be done in a few clicks.

Now we can use your bitcoin online on www.wecamgirls.com, best way to spend them!

ATM is also part of the media that makes cartal money into digital money with the same value or price. In my country, for some big companies have been applying digital money with transactions through ATM.

I have long been against cash and try to use non-cash payment. I also use electronic money on the Internet.
Bitcoin is also a currency, but for now you can not buy anything for it. It is necessary to wait when bitcoin is legalized all over the world, we hope that this will happen

My country is moving towards cashless society. But government has not allowed BTC  as legal tender while people are shifting towards it .So may be in coming years people start to use it for becoming cashless society.

Bitcoin is a digital money so are many cryptocurrencies such as Litecoin. However, what you refer to as digital money is not really the digital money that many of us consider here. A cashless society does not really mean they are all using the digital money. The cashless society that you are also referring to here is still using the old fiat monetary system. What made it a bit different is that the fiat money that we have been using has now entered into a different phase with the advent of the internet, but still everything is fiat-based and not crypto. Paypal, bank-wire transfers, etc are not using digital money. They are using the old fiat money.

Another thing, china is a very huge country and is mostly populated by poor citizens who are still using the hard fiat cash as their money.

My part of the world in Africa is now understanding and gradually shifting to digital currencies. The use of credit cards, debit cards, paypal, bank-wire transfers, e-zswich etc is now known by 60% of the populace. But for complete cardless like bitcoin; only few people are aware about its existence and would take some time for many to adopt

In my country people also gradually pass to cashless payments, but cash still has not lost its popularity, especially for older people who are extremely skeptical about money on cards and purchases on the Internet. I believe that in the future the society will become cashless, as it is much more convenient, less costly and environmentally friendly option of payment. I think Bitcoin and the other crypto-currencies will be the locomotive of "cashless society" progress. Because it is digital money that has fully demonstrated what it cashless payments completely mean. 

I like digital money. Very convenient to use. Automated budget accounting. A lot of advantages.

Digital money has become very beneficial since it improves one's discipline towards financial management because all of the transactions were recorded, you can keep an eye and will see how much you've spent on something. Not just that, it also provides convenience since there's no need to worry in bringing cash or lining up at ATM machine. The best advantage would be it will lessen cases of theft.

Digital money is definitely a form cashless society,because when you want to make purchases you either pay through a digital currency,credit card or through an Internet money transfer,so therefore digital money is really cashless society because you don't have to work around with cash to make transactions.

I have been watching the news lately and China is really indeed moving towards becoming a cashless society. But more or less the use of digital cash has becoming popular nowadays especially to the people living in the city and to the teenagers. China has even a vending machine that serves drinks or instant foods by just scanning the QR code and paying it using an application. It is a cool app actually and as I have heard more and more people are now joining this kind of thing in CHina.

Now a days electronics money like ATM card,debit card, credit card and other card that can be use to buy goods and services are rising and use by people in every society but it doesn't really means that it already a cashless society since paper money was still the most easiest way in direct transaction of buying little things for daily needs.

Now 831 billionaires in China and 435 billionaires in USA. China could be a cashless society with 850,000,000 internet users.

Yes!! when you say digital money, that means cashless! you can transfer if anywhere and you can use it without even toughing it. And bitcoin has that capabilities! In the future bitcoin can become the digital currency of the future and many people will use it to buy stuff. All that is needs is for it to be more stable.

Most of the people visiting foreign countries usually have  to deal with the literate urban community.    They rarely meet rural or illiterate population.  There is definitely difference in life style among literate / illiterate, rural / urban people.  When foreigners see most of the urban people using cards for payment they may misunderstand that all the citizens are using cards.  
This may have happened with the OP here.  In India also it's true that urban people use card but very less population form rural people prefer or even know how to use payment via cards / internet.  A lot of efforts are needed in this direction.  Though the current Government is very much active and doing best efforts to promote cashless trading.  Within years definitely India will be cashless majority country.

maybe when 10 years from now i think bitcoin will already legal to china and it will be use in all their store to use as a payment method because it lessen the hussle in paying and receiving money. it will be a paperless society soon if bitcoin will be our worldwide currency.

For me digital money, is a cashless society, that would be the basis on how far we have transitioned from the paper money but also to the place in which we can really make the world a much more convenient place. Bitcoin has the power to do that, that cryptocurremcy can catapult and vault the rest of the cruptocurrency market for us to be able to make a dent in the future world. Once this is addressed then we can now have the bitcoin be the forefront of all this improvements

We live in technology age. We will not need to use cash in the future.
We can do what we want with smartphones.
See what we'll see in the future.

In my country today digital money is becoming a choice of many people, people in urban areas prefer digital money because now most transactions are done online. Various online stores are also very easy to find on various social media and websites. The transaction system has changed a lot since most people are busy with their work so online transactions are the best choice for many people. They use many systems, some use paypal, credit card, perfect money and the most become penomenal at this time that is digital currency like Bitcoin and Etherum. For me we are on the path of the conventional financial transaction system and toward the digital financial system.

In my country digital currency are not so known and only few people are using digital currency especially to thus rich and people that are engage in bounty hunting on ICOs here in forum.

Digital means numbers. $100 or $1000 etc......

Big and developed societies have fully digitalized their economic infrastructure in time and this process is still going on. My country is one of the countries where these developments are experienced, but the pace of progress isn't still enough.

When all people will use digital money in the future, it would be a big different from what we have now, there will be less crime and your money will always be safe in the digital wallets so you can go out, buy items and even pay for transportation with no big amount of cash in your wallet, also its faster to transact using digital money rather than the fiat one .

Amazon India suffered $2,000,000,000 loss for 2017. Looks like India is going the other way.

Yes, it's great that you do not need to carry unnecessary and permanently interfering cards. I'm always afraid of losing them, but here I just translated everything.

My country also have digital money and bitcoin become the new trendsetter for digital transaction.
On first glance , bitcoin really good for doing transaction, not just cheap but also fast especially for global transaction.

And now bitcoin become the part of society that soon will turn this world become full of digital transaction

I will believe it when I see it. I will be heading to China not too long from now and if their is zero cash in circulation believe me I will be able to tell. I don't think any society should be cashless though, not unless their is another system in place that functions on a higher level *ahem* Bitcoin *ahem*.

Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.

Crypto currencies are more than the digital money,in current cashless economy we still need banks to do the transaction and they have more advantage than cash economy because they hold most of the fiat currencies of the world.
But cryotocurrency is different from that we hold the currency and we can do transaction when we want no restrictions or what ever so the real cashless economy is when all the people uses cryotocurrency in their daily life.

In my country they do not recognize ways of paying through digital money, it is illegal and unorganized, although a small percentage of people use this type of payment method.
I think it is time for full international exposure such as these digital financial transactions, such as bitcoin, especially with the adoption of some international companies in the internal banking and foreign banking.
Such transactions will make it easier and easier to pay online.

Most of the countries are encouraging digital cash but thats not mean cryptocurrency. In My country India also, Digitalization is very much encouraged and digital cash is now quite involved in the economy but Indian govt. is not in mood of adopting BTC as legal tender.

it is easier to live cashlessly because to pay for a purchase or products is simpler than a digital currency and for example to drop in and pick up what is bought. I am for such a future.

Right now, I can say that we still need more time to change our monetary system. Turning to a pure digital currency in worldwide is not easy, it needs a lot of research and a lot of time. Poor people and uneducated person will suffer when the transition into a cashless society will go on. And for sure, a lot of criticism will throw up in the government if it will happens.

In my country, digital money is still very rarely known. Probably because our way of life is still traditional and less dependent on digital currency technology. Banks are still the main choice here. Maybe in the near future, slowly later people here will know and start using digital money.

Living your whole life with only working , working, eating , sleeping that's cause to the lack of knowledges about Bitcoin.
We need to update the technology which could helps us do everything faster, more convenient and wiser than the old way we used to do.

This is one of the major benefits of Bitcoin. It supports growth in the economy since it helps transactions worldwide. One party can transact or transfer payments anytime and anywhere without the hassle of processing.

This is why banks are afraid of because its this is how they make money. Cryptocurrency makes this thing possible and I believe in the future better services will be made, but cashless society may never happen since fiat money will still intact and government will not allow fiat money to be replace by digital currency.

Like they say "old habit is hard to die", So it's hardly likely for paper money to be replaced by any digital currency anytime soon, specially to those countries who place a great importance on their tradition.

But for me, I like the idea of cashless society coz it's hassle-free.

Yes digital money is a cashless just like bitcoin, bitcoin is the one good example of electronic and digital money

And Bitcoin cannot be counterfeited unlike the paper money that is easily to counterfeit and this fake moneys are widely spread in the world and it is hard to recognize if the money that you are holding is fake or not. This is one of the biggest advantage of Bitcoin "Non-counterfeitable"  :)


I'll be adding that Bitcoin and other forms of crypto currencies give us freedom to choose on what currency we want to use and what we want to do on our assets, unlike the paper money that is centralized and controlled by the government and mostly corrupt government, they can easily steal money from the people's taxes that they can not do with the digital currency. You're correct that cashless society will never happen on some parts of the world but on rich countries such as Dubai it is not impossible that they'll have a cashless society in the near future. 8)

The future would probably be a cashless society, knowing how Digital currency is now gaining great demand and popularity there possibility that this would happen. Not just a well developed country can adapt in this kind of system, in fact Zimbabwe which at their economic crisis came to overcome the challenge by adapting the cashless system. In this way, the people is freely trading without any intervention of government. Few years from now, we will be able to experience what a new kind of society we have through cashless system.

Alibaba has racked up $25,300,000,000 billion in sales on Singles Day, China’s biggest online shopping day, so far, with close to $7 billion in sales made in the first 30 minutes. This was 29 percent higher than 2016, when the online shopping company made $17.8 billion. This year it made $18 billion in sales before 12pm, making $1 billion in the first two minutes.

https://www.rt.com/business (https://www.rt.com/business/409569-alibaba-singles-day-record-sales)

By March 01, 2018, there were 105,000,000 less visits at CoinBase then in December 2017

Well, this has been predicted even before. This could ve our future, where we don't need to have fiat money as we have roght now now but have a uniform or global curremcy but we cannot say how long we will wait for this.

There is no denial in this fact that people are getting entitled toward the digital and cashless money . Many governments including China and India has this goal to make their country cashless and totally free themselves from the "paper" thing . China has no doubt stayed ahead in this phenomena  every time . They have actually stood out of all the countries in the matter of progress in gadgets and technology . They know that the young generations seeks for something that is smart and reliable.

ATM in a bank system is also made possible by fiat because it is commonly a transaction with the power of fiat within a transaction which is transferable through online basis. But the point is bank system is always passive in accepting the development or changes in the world of transactions and currency and it is a sure thing that bitcoin and cryptocurrency will be accepted by our society.

In my nation individuals likewise slowly go to cashless installments, however money still has not lost its prominence, particularly for more seasoned individuals who are to a great degree suspicious about cash on cards and buys on the Internet. I trust that later on the general public will wind up cashless, as it is substantially more helpful, less exorbitant and ecologically well disposed choice of installment. I think Bitcoin and the other digital forms of money will be the train of "cashless society" advance. Since it is computerized cash that has completely exhibited what it cashless installments totally mean.

people in my country are very difficult to use cash because the government strongly reject BTC so most likely my country will still use currency.
 

I don't know if having a cashless society will really fit in our world, well who know we cannot tell this early, but when bitcoin comes out there are already speculations about having it in the future, let us see and wait, our government knows which is best for us.

Yes, our future world will be the cashless society because of I am from India, the India government as planning to do cashless society and other countries also going to accept digital money as a cash.

In my opinion, the BTC option to become a currency to eliminate cash (a government's success) is not feasible. Cash is a very clear expression of the value of each nation's economy. bitcoin is going to greatness of technology. The main problem is the fluctuation and dispersed supply. It does not matter if the adjustments are made by the government, but the practical value to succeed with this option will be meaningless.

Yes, debit and credit card payments at shops/stores and POS machines has gone up in India to great extent. India is heading towards a cashless society

Digital = Numbers

China is one of the very best country or much advance technology country. Most of the people in china are very hard working and they are very business minded people. Digital money is normal in every country, but in China, it is very popular. Cashless society is starting, let's hope it will continue.

although it will issue a statement in the ban of an ICO, but in the end china open with digital currency. They are a developed country and they certainly know what the benefits of digital currencies can be, especially Bitcoin. China is a country with a very large number of people, therefore China has a very good market share. When digital currencies can flourish in the country of china then it can also grow all over the world.

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in my country i htink the digital currencies just the platform fromt he bank, like the new platfromtfrom the bank and its not like the bank account, you just install application from the website or the smartphone and you can use that platfrom, and some people in my country still use digital currencies like paypalm prefect moeny, skrill and other

Well, here in our country. Many people are still using cash in paying bills or in transactions but still I can see that many people are using the convenient way, through credit cards especially in only stores or online transactions. There is also an app that acts like a wallet, you can use this like a credit card and it is widely used here in our country. You just need to top up then you can use that money for online payments.

In our country, we normally use Bitcoin to pay our monthly utilities such as water, electricity, insurance or even fund transfer to others that has no charge and hassle free.
Most likely, Bitcoin is being use in trading in digital currency so that we can earn income and saves money for the future.

Well, our country is not yet a cashless society because not all stores adapt digital currency as their payment, and some stores especially now that small stores can't operate it easily. I hope it will happen soon because they will help to prevent the theft to steal your money.

I think ,china is not a cashless society upto now.With the help of bitcoin it may achieve in future.But the bad news is , bitcoin is banned in China.But nothing is permanent in this world.In future,bitcoin will turn accepted in China.But still now lot of bitcoin traders are from China.

A cashless society is both fascinating and daunting. I’d love the freedom that will come from a virtual world, but think about it. Once you enter that world, there’s no going back.

Bitcoin, or the other digital currencies that could serve as an alternative cash
For some people that is the point of crypto currencies
While Liberians and anarchist that feared on Orwellian world wher government
Constantly monitored and controlled people.

Digital money is future, now in my country cashless transactions is started in all types of payments. The government sees that cashless transactions are safe and fast. But payment by using bitcoin and crypto is still prohibited, all must be done through fiat, this is influenced by the price of bitcoin and crypto is too fluctuating.

Credit cards is mostly common use as payments for the bills and shopping in the malls. In our country, bitcoin is just starting over several months ago and not that long where people are not yet aware that bitcoin is already actively in operation. I think, what is lacking in our country is the advertisement of crypto currency like bitcoin such that people would know about this kind of currency that can be use as payments.

About not going back. If the innovation is useful why not to use it? Very often a great invention looks awkward but finally it became a thing that changes the world. At first people may not understand it, some may even despise it but when it proves its efficiency it conquers. And it`s the possible scenario for all cryptos. Since its invention many people were kinda sceptical (and many still are like Bill Gates and Warren Buffet whose authority is very strong in business community) but now the situation has changed and it will continue to change.

cash still has not lost its popularity, especially for older people who are extremely skeptical about money on cards and purchases on the Internet. I believe that in the future the society will become cashless, as it is much more convenient, less costly and environmentally friendly option of payment. I think Bitcoin and the other crypto-currencies will be the locomotive of cashless society

Yes bitcoin provides cashless environments, which neither requires cash or fear of being lost can be used in the world even through digital media.

For those of us who already understand and understand with digital money and its use it will be highly anticipated where all the paper money will be replaced with digital money. But governments like China need to make the right rules and security in order to run well and easily and can be owned and used by everyone.

Yes indeed it would be cashless society for there is no need to carry cash on our hands and our society if be free and  accessible to all. And through this  support from our government we will succeed  to proved and we  find that use them things that can help ou us  improve our transactions.

I strongly agree with technological developments but the legitimate currency is very useful to buy goods with valid cash but the world has now grown and digital currency is very easy to shop to a shop but there is a part of the country still uses the cash currency

digital currency here is still beginning to bloom in use, but for now the current hype is cryptocurrency. for the likes of skrill, paypal, perfect money and so on are still there, but not as much as the users of cryptocurrency I think. maybe only those who still love for website promotion or advertising

In my country digital currency is not popular. Not everyone knows and investors. Some of them are afraid of investing btc because of the false information they've gathered.

As at the moment in my country, the use of digital payment is done mostly in high class areas. The remote areas are predominantly of the cash usage. The cashless policy was being enforced some years ago but the government soft pedalled on it due to some reasons of money laundry abuse in the country. But for now, we do run both digital and cash.

Yes this is very true that digital money is cashless society and this can happen in the coming future also because digital money is getting popular day by day as digitisation is going on in the economy.Some governments are also favouring digital currency has they are easy to handle and you can carry any amounts of cryptocurrencies in their respective wallets.Cryptocurrencies just need an internet connection to get operated and some basic knowledge.These are an easy way to earn money.

True. A lot of countries have started moving on their way to cashless society, currently, there are countries who use digital money, but what about its safety? Digital money can lead to hacking right? It's easy to steal if it becomes digital right? Correct me if I am wrong and also I've read some post that people agrees that in the future, bitcoin will become a digital money. In my opinion, I think it will be too difficult to make bitcoin as one of the digital money because its price is too volatile. I don't think that government will accept bitcoin easily, because they want assurance first.

My country at the moment is not really into the cashless and online payment thing for now.. Only very few shops, hotels accept online payments. But I believe as the world is gradually moving to the digital world, all countries will move along and run a cashless society

I just cannot imagine a cashless society. Not all people have digital money and earn for it to have. These can be hard not only to the government but also in the society because they have to adjust for it. Even it has good advantage because you can keep it to you and no one can steal it when walking on the road but it is not more secure in the internet. It also hassle when you are just going to pay small amount that the transaction fee is high and even the price is volatile. We cannot spend it all the way without checking the price.

China is not the only country in the world to have a cashless society and there is no country in the world with a complete cashless society. It does not happen in a decade it will take a long period of time to see that kind of change.

The meaning of electronic money is not just the money you get through internet, the same example you said earlier Visa and Master card are electronic money

Bitcoin will put all these services to rest in the next few years.

Currently in my country Nigeria, digital money is perfectly working with a high potential, shopping and converting to paper money in means of bank transaction, not less than 24hrs is done successfully by credited on bank account.

Actually China is not one of the countries that do not use cash, and in my country the government has not authorized the means of payment through bitcoin, in my country there are many stores that make payment through cash because in my country there are still many people who can not make payment using currency digital...

there are some companies that implement e-money services
but not using cryptocurrency
e-money in my country, implementing a centralized system, so, there is a company that regulates its circulation and also overcomes problems arising from customer mismanagement
for decentralized systems, none yet

In my country payment using universal cash.
For online shopping or purchasing something through online only in certain stores, hotels or restaurants via bank transfer, payment via Alfamart or Indomaret.
but more dominant use of cash than digital money.
I think in future in my country can received bitcoin to purchasing.

No, Sir, You are very much in the wrong over there.  Bitcoin is a commodity that is presented as a 'virtual currency'.  It may be used as money, but that's essentially barter. At its heart, it is no more than an in-game currency, User Points that command a premium for various reasons.

Cashless and digital transactions are now commonly practiced worldwide. Countries like Sweden and Belgium have taken steps away from the paper currency. Sweden is aiming to be the first country to go 100% cashless and 93% of Belgium's population pay through cards and phone applications. They even created a law to limit cash transactions.

In our country "Philippines" cashless transaction is getting popular each year as we have many banks and companies that are accepting online payments. Unfortunately even though Bitcoin is legal and recognized by our central bank as an official currency I personally do not know any entrepreneurs or companies that accepts Bitcoin or altcoins. Although you can find people that accepts payment via Bitcoin or ethereum through our most popular Bitcoin wallet app "Coins.ph".

I know in the future this will change and using digital payments will be the future.

I have spent alot of time in China and it is definitely not a cashless society. Everything will be purely digital. You will pah in the store just by scanning the QR code. You will pay your bills online and send remittances also.my country, for some big companies have been applying digital money with transactions through ATM

developments are getting ahead and technology is getting higher China's success makes digital money spread to various corners of the world that aims to make it easier to transact I think this is an era where everything is instantaneous.

Bitcoin is not just cashless society, even cardless. All of the time will be clearly turned digital. I have spent time in many countries and it is certainly not a cashless society. We know many people in the world have no bank account and do not use cash. The process is moving, but it will be a long time to patch up.

No China is not a cashless society. You know what it means if you said cashless society? It means the sovereign people of China's Republic will use digital money at all time and will never use fiat anymore. Anyone who use's fiat and caught should be put in prison with equivalent consciousness. IT MUST BE FOLLOWED!

Cashless society is digital money no need to use fiat or paper money and you can buy or pay your bills through online and it saves time and effort but how about those countries whose not yet familiar with modern technologies what will happen to them.

Digital money in our country is cool, it is accepted here because we have local digital wallet that can easily convert btc/ eth to our local fiat currency. Due to that wallet, i can say that it is acceptable in our country despite of the previous news of bitcoin scams here. Still ok and safe.

Yes, we are moving forward to cashless society, we paid through swiping cards or through mobile express. Bitcoin is a digital currency, when we fully shift to bitcoin, it will be purely digital transactions even cards will become obsolete. We can pay through scanning QR codes or through any gadgets that is connected to internet.

Yes,  digital money has brough a level of cashless economy to some society. This cashless society has reduced the rate of crimes, make transactions as easy as drinking water.

Increased use of digital money will affect the use of paper money I think. People will prefer to use digittal money because it is simple and no need to bring it to take place if you want to use it in large quantities.

becoming cashless is a choice, in my country we have an application called coins.ph and I use it in almost everything that I need in my daily living. I store bitcoins in a ledger and transfer the amount that I need to the app, and from there I can pay bills, buy from merchants, and etcetera...

Anyway, if you live in my country you cannot be 100% cashless... you always need paper money to buy from the sidewalks.

It is indeed the way to have a cashless society because it will bring a lot of good things in our world or country if we will have a cashless society and if we will just depend on the digital money because we can just transaction using and depending in the internet and without going out from our home which can save a lot of time for us to become more productive.

more or less the use of digital cash has becoming popular nowadays especially to the people living in the city and to the teenagers. China has even a vending machine that serves drinks or instant foods by just scanning the QR code and paying it using an application

Well, I beg to differ with OP's statement. Any money which is able to access digitally is in the form of digital money. Sadly, we don't have high literacy rate as of now on the global level when it comes to the technology and hence large class of people is not able to use digital money. In my country, a year ago the government banned old currency notes of higher denomination and it resulted in the boost of digital payments.

The telecommunication companies in my country have made a digital money where you give them the money and in turn they give you the money in your mobile wallet with which you can transfer to others and even transfer fee money from your bank to your mobile wallet.

Yes digital currency means cashless society.But this will not happen near in the future as it is near to impossible.Fiat currency is used by each and every person in the world.Digital currency requires internet connection to get operated.But internet facilities are not available in every corner of the world.Many people also do not know about the digital currencies.Many people are illiterate and do not have any knowledge about the market and money.

Digital money is not the cashless society, because the physical currency gets a digital form. Here the currency is backed by gold and other sources. Cryptocurrency can be termed to be cashless society, because the backing is purely on technology and there is no need of a physical form.

Digital money in our country is not yet dominating since some of our areas are still far from the technology. Yet there are a large number of digital money user here and is still rising due to the technology improvement. I think that it would still take up some time for our country to be dominated and use the digital money as our main payment currency for buying products or such services. Bitcoin user has also increased here since some peope are really in need of financial income and have tried buying and holding bitcoin to earn money. By the way our country is Philippines.

Gradually the entire world is now shifting to the cashless system; not only in China. Even in Africa where most communities lacks internet facilities, they still manage  to reduce carrying bulky money by introducing mobile money system by almost all the communication networks, where the individual can send and receive digital money without necessarily having a smart phone. Again, the e-zwich, debit and credit cards have been fairly understood by many due to safety and faster transactions.
Bitcoin is can also be seen as a digital money and would no time be transacted worldwide

I really think the use of blockchain is necessary but it does not eliminate the original money, ie paper money.
the government of a country will not directly allow, given the economy of the country must be with a mature calculation.

I don't think we should rely on physical money anymore. This should be changed. For a better greener world we should avoid paper money. Digital currency must won in near future.

Obviously bitcoin and all other crypto currencies are the part of digital money. They all are virtual money, the money you can feel in your account, can see in your accounts but cannot touch it and now a days there is a era of virtual currency only because this type of currency is more safe , it’s transations are more confidential and moreover it is very hard to steal and yes we are living in a era where digital money is used in cashless society.

And It scares me though, seeing most of the people really sooner that relying on technology alarms me. If there would be a cashless society there would be a possible centre strorage of all the possible account that may produce in that given time and it can be possible that if you will abide the rule they will use all the profit that you have for them to control you, and I guess thats not a good Idea and how about the third world countries? And less fortunate people, they will be isole if that will happened.

Digital money will be the part of real economy when government will fight with corruption. Meanwhile, cash is the best solution for money-laundering and while we have illegal business, we won't see cashless society and digital economic.

Cashless society does sound convenient but the negative side is Credit Card fees and Bitcoin fees. I like the alt coins that have the lowest fees which is the first step towards a cashless society.

The case for small - as soon as possible to withdraw cash from circulation, which is already being done in a number of countries. Then each transaction will be automatically entered in the file-file of the buyer. Let's recall recent reports from the Internet: "Sweden can become the first country in the world to completely give up cash"

In a Cashless society services and commodities are exchanged for other commodities and services. so any change in the exchange rate of these services can be viewed as increase in value of one commodity or services and decrease in the value of another. so this can be interpreted as inflation with respect to a commodity and deflation with respect to another commodity. alternatively in a cashless society services and commodities can be exchanged for a common commodity such as gold. in this case gold can be viewed as a currency and any increase in prices relative to gold can be viewed as inflation.

Certainly the advent of bitcoin is even more gives us clearer picrure of the future of the world, that the world is set to be cashless society.
This change that will happen in the future will be a huge success for everyone because everyone who has experienced the unsatisfying service of the present system of the world has not been given the same accord with what we want and bitcoin shows us the hope for what we are longing.

Well in our country, bitcoin is not that popular and so does the method of payment online. We still highly depend on fiat money because we are not that advance in terms on technology. I think the use of digital money greatly depends on the state of technology of a country and if the country has a low economic standard, it will ban bitcoin and any other form of digital money.

Wow! Satoshi gives out free bitcoins! https://bitcointalk.org/index.php.topic=5.msg28.php

This is a fact that is happening, the presence of digital money actually make cashless society is increasing because they can not use digital money, this is government duty so that can advance them.

The adaptation of the use of digital currency or electronic form of payment in my country has increased at a rate of 2% less than two years now.  But the awareness of bitcoin is currently low in my country. It is just a few are into investing in bitcoin and other cryptocurrencies.  With the electronic form of payment, we mostly use a system provided by the telecommunication companies in the country. The system is called the mobile money system... They manage the transaction process and set a limit at which people can transact services. There are a lot of limitations with the system. You can't make international transactions with this system.

Cash is a real money, and society can not excuse it, because it is an intermediary

What is money used for? It is a tool for trading with a standard set of pricing, so that it would be easier to measure the items being exchanged. Money is basically just printed these days. It can be printed anytime at whatever quantities that please the banks. However, commodities are actual goods. Commodities cannot just be printed as money. You can't print fish, cotton, or coffee. However there can be a surplus of a commodity, which causes prices of the commodity to go down, and a shortage which causes prices to rise. But as far as inflation goes, I would say there is none when it comes to commodities.

No, it will take a long time to happen this because it's quite impossible for people to use digital money as the cashless society.

yes of course digital currency is a very good digital currency and if china prohibits the circulation of bitcoin and prohibits the use of bitcoin it seems like a very good move to provide security and convenient transactions.

I think digital money is domaninace in almost every country right now.
People start leaving cash money, in my country there is an application which use QRcode to buy almost anything.
The balance in the app, can be topped up by using mobile banking.
So, people is start to leaving cash money.

Everything is going digitalized, and even the "numbers" that we have in our bank accounts does not represent anything rather than just number and those numbers can be converted in cash if we need but we can't get all our money in cash because of the limits that banks have to withdraw daily/monthly/weekly.
Bitcoin is good because there is no limit if you have lots of money then you are lucky because you save bank fees a lot and the transaction time are faster especially comparing with weekends or holidays.

We are New Era of cashless movement, which shows the improvement of Blockchain technology. Which is simply know that crypto currency has been taken place and more recommend for online payment, and more faster and confirm transaction, than others means of online payment

I agree with you that bitcoin is part of digital currency or money but it is not funtcioning as centralized system. As we all.know that bitcoin is decentralized and it has no stable value where it has volatility where we could take it as an advantagenin order for us to earn. In fact bitcoin is sometimes referred to as an investment. Just wonder why it became an investment and then take over and participate.

Bitcoin is sure enhancing the cashless policy advocated globally, if government embrace the Bitcoin currency this will ultimately increase the rate at which cash or fiat is been use as a means of transaction.

A cashless society will help pave the way toward living in a virtual world. Easy, convenient and seamless.

To be honest, we are already well into a cashless society. The majority of retail transactions are card/digital transactions in the most advanced markets. So the adoption of a blockchain based economy isn't really a stretch, as much as overcoming resistance and actually adopting a viable technological solution that works with the infrastructure in place (POS, and existing web shopping carts).

Yes indeed. Being cashless is cool and innovative but i dont think all people can relate to it, i mean not all can use it because there were also poor country which composes of poor families that do not have access to computers and aside from that they do not also have a proper knowledge to understand and operate these cryptos.

I guess cashless society is only possible to some countries that has a better way of living and of course countries that also accepts and legalize the use of cryptocurrency.

The world is slowly becoming digital through our technological advancements. People are recognizing the convenience digital currency provides and are slowly turning to it. With Bitcoin and cryptocurrency at play, digital currency can take a step further with the perks cryptocurrency has. We may be far off from becoming a cashless society right now but more and more people are taking side on the convenience of digital currency.

In our country, people are still widely using physical cash but more people especially the newer generation are more on using the digital currency.

If that will be the era of rye digital money of course that is what will happen but that will be decades from now but they are starting because of the cryptocurrency. And the people are starting to cope up with the digital thing rather than cash. Nevause it is more convenient and they are handy. They are much safer for me. And yes the cash will extinct because before we have cash we have golds as our money and they are not used anymore and that is what will happen to cash.

Past 8 months, I am paying all my bills online (via internet). It takes 15 minutes only

Bitcoin era is not just cashless society but also cardless! Everything will be purely digital. Cryptocurrencies really helps our living more comfortable and easier than before. Everything can be done in a few clicks.,so therefore digital money is really cashless society because you don't have to work around with cash to make transactions. Digital money has become very beneficial since it improves one's discipline towards financial management , you can keep an eye and will see how much you've spent on something.

Cashless and digital transactions are now commonly practiced worldwide. Countries like Sweden and Belgium have taken steps away from the paper currency. Sweden is aiming to be the first country to go 100% cashless and 93% of Belgium's population pay through cards and phone applications. They even created a law to limit cash transactions.

Yes, I think that's good. China is the largest digital currency exchange place, unfairly if people there do not participate in promoting digital money as a means of payment.
In addition, the government and central bank realize the importance of digital money as a means of payment for the future and would be better for bitcoin development if some Asian countries are also implementing the same thing as in China.
In my country, Banks still refuse bitcoin to be used as a means of payment but our state government does not really prohibit the use of bitcoin especially if it is only for online shopping.
In my country there are several places to eat, shops, restaurants, yoga places, and hotels that accept bitcoin, and there are bitcoin ATMs that can be used if you want to buy bitcoin in cash.

I think the world is becoming a cashless society little by little there are lots of company that are accepting online payments nowadays,
It would only be a matter of time when we become to be a cashless society we are now moving forward and technology is blooming faster.

Even china cant be cashless society because no country can only use online payment because wether we like it or not offline payments will always exist and physical money will be in use.even how hightech the country still fiats will be needed

Bitcoin wasn't fully adopted here in my country. However, there are banks and money exchange services that accept Bitcoin as payment for a lot of things such as for paying electrical and water bills. Aside from that, Bitcoin's been used for transaction and for money transfer.

I think that a 100% cashless society is near to impossible. It will be very difficult as many individual don't even have bank account or don't even have internet connection on certain places. But yes, china is growing so fast that electronic money is very suited to their requirement.

Developed countries are cashless already for several years, all of those credit/debit cards and checks and now it appeared Apple pay and other analogous of cashless payments. Few people actually use cash nowadays.

The best advantage of using debit cards or credit cards for payments is that 'there is no headache of change". The exact amount is taken from your card.

I really like digital money. all payments can be made easily without difficulty and I hope bitcoin will be the most popular digital currency of the future.

for now in my country bitcoin can not be used to conduct transaction activities because it is not allowed by the government to conduct transaction activities because there is already a fiat currency used as a valid transaction tool. but on the other hand the government in my country does not prohibit for its citizens who want to do an investment activity on bitcoin.

Society is already becoming cashless, but I've heard that some nations just hate credit cards and other digital ways of storing money.

well, sad to say, in my place it's not developed much. we prefer cash.

Here in our country, people are into credit cards and debit cards for everyday transactions. Our society here is becoming cashless but in case of bitcoins which is not only cashless but also cardless where you just need your smartphone for your transactions is less on our country. Bitcoins are just starting to develop here in our country so sooner we're going to be not only cashless but also cardless.

in my country bitcoin users quite a lot, but only limited places to invest, because the government still restrict its use as a medium of exchange. so people still use paper money and credit cards for everyday transactions. but the government does not forbid to get or invest in bitcoin, so most people get bitcoin just to exchange with fiat to use.

Yeah you're right now more and more companies and third parties are making vendors for digital currency. it proves that the world is getting more sophisticated. and yeah we little by little start using digital currency or virtual money to shop. proven the more often we shop in online

In Russia at the moment the most common cashless system is SberBank. I get paid for it and do not even withdraw money from an ATM, pay on the Internet and in stores.

Many people are still using cash in paying bills or in transactions but still I can see that many people are using the convenient way.We can use this like a credit card and it is widely used here in our country.We just need to top up then you can use that money for online payments.Not all stores adopt digital currency as their payment.I hope it will happen soon because they will help to prevent the theft to steal our money.

In my own opinion it is better if all countries adopt the chinese system in terms of cashless society, by doing this it gives more convinient to people, another good thing in cashless is, you are safe from pick pocket or theif.

The Modern ear is also known as digital currency era. Many virtual currency are discover after seeing the success of Bitcoin. In this era everyone wants to use cashless methods of lifestyle and bitcoin treat perfectly them in this situation.   Bitcoin is mainly support them by its innovative money transaction facility by which anyone can transfer and use their money anytime anywhere with  just help Internet. Many online retailer or businessman use bitcoin for trading purpose. You can buy tickets, pay monthly rents, EMIs or you can buy house just sit at home with the help of Bitcoin. And this thing  show how Bitcoin support to the cashless society agenda.  ;)

but I see not everyone has ATM or credit cards, there are still many people who live in villages who do not have them because of the limited knowledge and limitations of treasure or the poor.

Sad to say, but it is true especially here in our province, even their wages they are still earning low despite the expensive price of the goods and commodities nowadays, we are just hoping that they can cope up with this with the help of our government, that they will help those who are in the poor place.

In my country there are both digital money and cash. I prefer cashless settlement...

Although China nowadays really has improved a lot, I do not think that it would be fitting to say
that China is already a cashless society. Because there are still areas there that use paper money.
Even on the capital of china, they still use cash there.

Digital money in our country is pretty much the same with china.

Yes, it obviously is but it is too volatile which is what makes it a no no in becoming national currency.

My country is a developing country and we therefore lag behind a little when it comes to inventions. The people like the traditional forms and prefers physical jobs. Nevertheless, i see that the elites are gradually adopting these electronic and digital systems.

Yes, indeed, China shows interesting indicators on the use of electronic currency

Yes, we need to learn from the Chinese what they are doing. Interestingly, it will lead to a wide use of crypto currency

It is very useful we can pay bills, buy network load, game credits using our very own exchanger coins.ph with the capabilities in doing many transactions online, no hassle at all. It is fast and secure. And I think more platforms are now processing their permit to operate in our country.

The cashless society that you are also referring to here is still using the old fiat monetary system. What made it a bit different is that the fiat money that we have been using has now entered into a different phase with the advent of the internet, but still everything is fiat-based and not crypto. Paypal, bank-wire transfers, etc are not using digital money

Bitcoin cannot be counterfeited unlike the paper money that is easily to counterfeit and this fake moneys are widely spread in the world.  Few years from now, we will be able to experience what a new kind of society we have through cashless system.

It is better way of spending money through bitcoin and because it is cashless so it a reasy to be paid.  But in some countries it is not acceptable. But it has bright future

Well for me it is better to spend money through bitcoin because it is cashless and it is easy to be paid like a credit card that you dont have to bring money more for your paying. And it is also safe for the thieves because you did not bring money that can catch the attention of the thief. I hope this would apply in my country.

I concur with you that bitcoin is a piece of advanced cash or cash yet it isn't working as concentrated framework. As we all.know that bitcoin is decentralized and it has no steady esteem where it has unpredictability where we could take it as leeway with the end goal for us to acquire. Actually bitcoin is at times alluded to as a speculation. Simply ask why it turned into a venture and after that assume control and take an interest.

Today's society is more advanced. Everything  in today's time are done with the help of Internet and bitcoin. Bitcoin is a digital money and use all over the world with the help of Internet. You can pay your electricity bill, monthly instalments, tax and other thing with the help of Bitcoin. Bitcoin changes low transaction cost and fast processing money transaction process. Due to this many people using Bitcoin for their online transactions. Many online retailer also choose Bitcoin for the same above thing. Bitcoin perfectly support the cashless society by its advantages.

I don't know if having a cashless society will really fit in our world, well who know we cannot tell this early, but when bitcoin comes out there are already speculations about having it in the future, let us see and wait, our government knows which is best for us.

Digital money is future of the world. As technology is growing very fast, i believe that digital money will replace fiat money soon because digital money have many advantages.

yes, our future world will be the cashless society because of I am from India, the India government as planning to do cashless society and other countries also going to accept digital money as a cash.

because this is the era of technology then we need not be difficult in securing our money so we just need to remember or copy your private key in paper or anywhere and when you want to buy something then you just take the money from the bank

developments are getting ahead and technology is getting higher China's success makes digital money spread to various corners of the world that aims to make it easier to transact I think this is an era where everything is instantaneous.

In my country many people are using cashless or electronic/digital money because it is much convenient and faster to pay your bills and buying things through online. Many people are now used to have digital money because in our era technology is now a big part of our life and bitcoin is a part of technology and digital money, so i think soon bitcoin will legalize and will be used all over the world.

In my country still maximum people prefer physical money, don't know why may be it feels good to actually touch the money. But also the practice of electronic cash and payment system is increasing day by day.

Degitalsation is improving day by day . If it's coming on every place then it will be a great achievement. And the transaction and usability will more easier and quick it will be a great turning point to them.

I believe for bitcoin.The process has certainly begun and started to pick up steam. Transitioning over to a 100% digital money economy is a long way away though. I have spent alot of time in China and it is definitely not a cashless society. Most of the population does not even have a bank account, let alone not use cash. That said, the process is moving, but it will be a long one. Thanks you.

Yes it is but for this to happen there is a very long time to go.Although there are many people using these digital currencies but still a large percentage of people do not know about digital currencies and hence cashless society.There are many complications in using digital currency.Firstly you require an internet connection to operate the digital currencies.But internet connection is not possible in every corner of the world.These are also not centralised so they are not backed by central banks and governments.They are risky too.

Cashless societies have more economical advantages. As they can control their money they can end money laundry through digital money and they can be sure about how much money they have. We are not actually a cashless society but we are going to be one. As the goverment is trying to be one in order to stop corruption.

At this point, it is almost certain that cashless society will have very little to do with bitcoin or another pseudo-decentralized cryptocurrency.
For central banks, bitcoin and other blockchain-based digital tokens are poor imitations of FIAT money.
Currently almost nobody prices goods in bitcoin, we have only a few companies, merchants which use crypto for payments.
Cashless future will be really dark for us, it will be centralized hell - current cryptocurrencies are not even close to the concept of total control future regulations are cooking for us.

Yes it is really a cashless society and since the world want everyone to practice cashless policy, then this has come at the right time to make things easy for everyone. You can access your Bitcoin anywhere you are, wherever you go.

For cashless society everybody in the country must have a bank account and banks have banned Bitcoin.

people find it more difficult to switch to a cashless society, since many still do not know how credit and debit cards are used, what to speak of bitcoins and crypto-currencies in general ... therefore, the transition of society to cashlessness is still difficult to implement.

Yes digital money has become very useful because it improves one's discipline towards financial management because all transactions are recorded, you can keep an eye on it and will see how much you've spent on something. Not only that, it also provides the convenience of not having to worry about carrying cash or queuing up at ATM machines. People are also gradually turning to payments without cash, but cash still has not lost its popularity, especially for older people who very skeptical about money on cards and purchases on the Internet.

digital money is more safe than carrying cash, you can shop or eat on restaurants using cards. but the thing is theres still a lot of people don't know how to use cards,paypal, etc. how much more if bitcoin will be the central of digital money in future?. people here on our country needs to be more familiar with it.

The digital currency is better than banknotes. It is safer and easier to record. Let us know that each of our money is spent in that place. It can also be better to statistics.

I think that this will happen in several years but I don't think that it is bad. As for me, there are a lot of pros in the fact that our society will become cashless. we will have more digital currency and this way is very convenient for use

that's true, so if we're going to do the transaction it will be easier and safer, it will happen and be applied by everyone, but do not know it will happen, either long or shortly

This is cool, but I heard that China is negative towards crypto, if not the next step for them could be a crypto society

Cashless transaction is already been practice in our society before like credit card and ATM's and it is more better when it involve crypto and it is very in favor to us who already engage in crypto than to thus who did not, but I think that the implementation of this is very hard.

Cash still has not lost its popularity, especially for older people who are extremely skeptical about money on cards and purchases on the Internet. Big and developed societies have fully digitalized their economic infrastructure in time and this process is still going on. My country is one of the countries where these developments are experienced, but the pace of progress isn't still enough.

China is one of the very best country or much advance technology country. Most of the people in china are very hard working and they are very business minded people. Digital money is normal in every country, but in China, it is very popular. Cashless society is starting, let's hope it will continue.

if one day digital currency will be needed then this can be sure this is an advanced future development, and for transactions will also be very easy, save is also very easy because just remember the password of your digital wallet

In my country, Indonesia, still prohibits transactions with bitcoin. In my country also tend to pay in cash using fiat money. There can be no store that receives payments with bitcoin in my country because it can be revoked by the government business permit. Even paying with a normal credit or debit card is taxable enough to strangle some stores. I've been shopping for everyday needs using my debit card but I have to pay taxes that I think are pretty high. It is still difficult in my country to transact online.

That is what i like about chinese. Most of them are completely geeks and is embracing technology like japan. Tho i think that they are not yet a complete cashless society. 

Cashless society can happen really soon but i think this would start on a 3rd world developing countries.

Same in oir country, and I think our governments think the same. Cashless society in our country doesn't seem so easy to implement due to the fact that the percentage of people who doesn't know and possesses any gadgets in our country were still big in numbers and I guess it will be hard for them to adjust if this will be implemented, awareness is the key as well as the better education.

In my country it is certainly developed, but to a small extent. Therefore, bitcoin is developing quite slowly, but I hope that my country's progress will not pass by.

Every day in my country there are more and more terminals for cashless payments, although they can be found absolutely not everywhere. But there is a positive trend, it is pleasing. This means there is a chance for the development of bitcoin.

Bitcoin in our country is easy to cash out like we use a local wallet then we use it for transferring money on remittances or any bank. And that local wallet we can use it also to pay anykind of bill.

We will all come to that point wherein no one will be using any physical money anymore since technology is innovating day by day which will help us soon get a better life and a more convenient one. For now, we should pay attention on having bitcoin's price go to recovery so that everyone else will benefit now and for the future.

really even us when ordering goods or so forth. if paying by using bitcoin is more practical and easy when compared with fiat money. It's just that in my country there are still many people who do not know bitcoin .

It is much more convenient to use digital money rather than cash.

Yes you are right is not only crypto currencies that are the digital currency, when the economy of a country has advance to some level they traditional currency can also be operated as digital money e.g credit card has always been there before the invention of cryptocurrency.

Digital society was also less risky compared to having a lot of physical money. It's because only hacker and other intruders our enemy's not like if they have a lot of physical money that they need to protect our cash even into the holdapers and other evil things that made by the people. For me digital money is make our lives easy compared to having a lot of physical money.

Yes you are right is not only crypto currencies that are the digital currency, when the economy of a country has advance to some level they traditional currency can also be operated as digital money e.g credit card has always been there before the invention of cryptocurrency.

There was loads of digital wallets even for banks, e-commerce wallets too which was legally authorizing by the governments. More digital currency wallets are even available however we need to choose the secured wallet which is encrypted and authenticated to safeguard our funds.

time and technologies grows up) in my country a few years ago was very difficult to work with crypto, but now it is simple, like to earn dollar in freelance

Yes it is indeed happening already in china lead by the famous and one of the richest people in the world Mr. Jack Ma the founder of Alibaba group and company. Actually Philippines is being offered also with these system that will use digital money to ease and give the comfort on doing transactions. Well this could be a very good form of system that will give some time for the developing countries to showcase the potential to improve.

yes you are right, better people do not use too much cash because I see with the amount of cash will actually make the community more dangerous and prone to theft, whereas if it is digital and has a point of interconnected dots it will be difficult to steal.

Yeah. . I admit China is a developing country in technology.
if in my country can not like china, Because my country still can not receive digital money and still using conventional money for payment.

In your country people are also gradually turning to payments without cash, but cash still has not lost its popularity, especially for older people who are very skeptical about money on cards and purchases on the Internet. ATMs are also part of the media that makes currency into digital money with the same value or price. In my country, for some big companies have applied digital money with transactions through ATM.

no its not cashless money as far as i know you will get cash from digital money by just joining some bounty campaigns so dont underestimate it

In Indonesia, digital money is welcomed by the public. While not everyone in our country understands the world of cryptography, many lay people and middle-class entrepreneurs use bitcoin as a means of payment. Most of our people buy bitcoin through ATM, they do not use bitcoin as an investment tool but as a means of payment, as well as money transfer.
Although its use is still uneven, I think it's a lot better than people who buy bitcoin just to make a profit.

Of course every day you will see cashless developments, the more the world continues to experience changes in technology and science, and the financial system will also be more sophisticated, believe it or not today more and more stores are receiving payments with debitcards or credit cards in their stores, it is evidence of the development of cashless society..

In our country bitcoin not how big the exsistence accepted in our country bitcoin still ilegal and very difficult accepted by society and government. We work and mine with bitcoin and earn this money first to buy goods we need.

to start life with digital transactions without cash, the government must change all markets from below. such as turning traditional markets into non-cash digital transactions, if you really want people's lives without cash.

When I was in the states I was shocked that no one can gove you change with your $20 bill, so most developed countries made a step forward cashless society long time ago. But mkst oart of countries are not ready for cashless transactions only, so I think cash will be around us for decades

Yes it is indeed happening already in china lead by the famous and one of the richest people in the world Mr. Jack Ma the founder of Alibaba group and company. Actually Philippines is being offered also with these system that will use digital money to ease and give the comfort on doing transactions. Well this could be a very good form of system that will give some time for the developing countries to showcase the potential to improve.

This is really a way to have a cashless society, because it will give a positive in our world if we have a cashless society, and if we simply depend on digital money, because we can simply use transactions and, depending on the Internet and not leaving our home, which can save a lot of time, so that we become more productive and less dependent on the state

It is indeed the way to have a cashless society because it will bring a lot of good things in our world or country if we will have a cashless society and if we will just depend on the digital money because we can just transaction using and depending in the internet and without going out from our home which can save a lot of time for us to become more productive.

That was amazing country. They don't use fiat money but they use digital money, so that they are avoid from the snatcher. Because if a people always withdraw money in atm, and there is someone who always see him, maybe that someone will do bad things to him. But if that people use digital money, no one will know that he have a large money or he is a bitcoiner. He is safe from the snatcher, holdupper, or bad people. Be wise in using your digital money or crypto currency.

Not just the bitcoin itself but the whole cryptocurrency industry is bringing a great innovation for paying bills using digital aspects. Here in our country we often use cryptocurrency or digital money for buying online products, buying bills with just a slide and click from mobile phone and even buying/ paying foods at a restaurant and fastfood chains.

In my country, bitcoin is legalized but there are only a few people who know about it. There are Bitcoin ATM's scattered around which means it is recognized. Unfortunately, when you ask people what is bitcoin, there are only few who might get it right.

People are still skeptical about bitcoin because it is not that easy for them since they always want to be spoon feed and they don't want to try it by themselves. They will just start to use it if they will see it on the news that the media is telling a lot of good stuff about bitcoin which is not a good thing to practice if you are looking for a good profitable opportunity.

Most of the people who own a bank account have debit/credit card and thats why most of the people are dependent on the card thats the reason most of the people often use cash. Almost all of the establishment are accepting credit or debit card through their payment.

It will take a lot before a country becomes cashless society. Iliterate people and the elderlies would find difficulty adapting with new technologies which could be a deciding factor before the government approve with this new system.

The idea is good as we might save trees for not printing fiat money but a lot will have to adjust in adapting to this new system.

Here in USA, its the same thing! We only use Credit and Debit card for the most part. It easy, safe for customers, if the card get stolen or lost you can quickly freeze that account. I like the transition from regular paper (fiat) currencies to digital currency, including Bitcions and other cryptocurrencies. But the decentralized nature of the latter prevents it from controlled by a centralized entity like a central bank and/or a government. I believe this has attracted more flak from governments around the world on the concept of cryptocurrencies going main stream. That being said, I believe in the near future all these negativity towards cryptocurrencies would change and it will be used by everyone around the world!

in chnia there are so many way to pay something susing digigtal currencies, and as i know the popular one is the wechat pay, in that country we just scan the QR and send amount that we want to send and in a second our money transffered into the seller, it more be great because almost all of the stores in china using this payment system

In my opinion, in the future everyone will use and pay with electronic money, just as you said, then China is gradually adopting electronic money to pay. Because the positive aspects of electronic money bring to the user is very large. Currently in my country do not use and pay for electronic money, but in the future I think they will apply.

The elimination of cash is currently is not feasible. not everyone has (or can have) a bank account, a credit/debit card or access to electronic payment systems via a smartphone or computers. people cannot be forced to have or use these tools. Access to a debit/credit card might be denied to persons not deemed creditworthy. in addition, an economy entirely based on electronic payments is subject to disruption, including cyberattacks.

Digital money has become very useful because they improve discipline in financial management, because all transactions have been recorded, you can monitor it and see how much you spent on something.

China is said to be a cashless society but still they banned bitcoins in their country? How was that possible. But back to the topic yes more or less the country or should I say the world is now in the phase that the people are getting ready on a cashless society because internet is very easy to have so the life is very convenient. We can now buy things but the use of the internet connection and a credic card which is also a digital money. But it is much better to see cryptocurrency as a part of our society and as our main currency

buy something on mall and make a transaction online this cashless money that is why when this currency are been made of people that are used cashless they also love this kind of digital currency and many more people also have to used this also.

that's right. because digital money is the money of modern times. to make it easier to melagukan transactions wherever we are. such as for transactions abroad without us having to redeem in advance with the country's money .

Computerized cash is unquestionably a shape cashless society,because when you need to make buys you either pay through an advanced currency,credit card or through a Web cash transfer,so along these lines computerized cash is extremely cashless society since you don't need to work around with money to make exchanges.

For me, in this era that has a technological world that is the future or money to become digital money like bitcoin and another cryptocurrency to become a cashless society. We all know that most of the people now are using a smartphone, and new technology that making our lives comfortable and its time to upgrade our money into a next level, creating a digital currency that making our transaction more accessible and faster it is a great way. Also, we know that this technology is changing too fast, so it is great to accept digital money even we need to upgrade almost everything regarding payment system but imagine that bitcoin and other cryptocurrency is legal and acceptable to all state, I guess that is much easier and cooler than the old one. :)

Yes, with digital money we can create a cashless society. But even today 70% people use cash. Because they do not have any specific information about digital currency. They do not know how to use digital currency. But in the future we will become a cashless society.

Digital money in my country now is picking up. Transfer of money home n abroad, not leaving the comfort of your home and payment of bills. It's quite picking up a good pace so as the people of the country. The issue here is the network, that is the internet that makes it work, sometimes transfers get to hang in the air and the banks will tell you they can't trade or help you. Aside from that it getting better. Bitcoin will do the same and better too if all necessary utilities are functioning.

China is one of the countries that prioritize the application of technology in various sectors, both education, trade and financial transactions. With the technology, at least they can save more money to rebuild their finances, especially in terms of transportation costs because every item they buy usually delivered to the home of the buyer.

However, the skrill, perfectmoney, alipay, and paypal, still have weaknesses, because their transactions, can not be done inside the house, they still need ATM machines or Counters to make transactions. Of course this is much different from what bitcoin has to offer, because bitcoin transactions can be done anywhere, even just with smartphones.

Here in Philippines, we have some digital wallet such as coins.ph, gcash, and paymaya. Theres a lot of advantage if you have digital money. But of course, you cant buy goods if you dont have cash. There are more products and services that use cash than digital currency.

That seems reasonable but only suitable for developed countries, currently on my nwocs land has not done this.

This is not entirely true. Even if the society completely adapts digital money, there will still be a need for cash, or fiat money.

third world countries are no where near being cashless but other countries like the united stated will be there in no time

Don't know if you came across any 100% crypto society, i didn't yet. This would be a great driving force to bitcoin development, if you cold earn and spend in this currency.

No, it will take a long time to happen this because it's quite impossible for people to use digital money as the cashless society.

yea, it is a part of gitian money, you can exchange it for real money in some special places or buy bitcoin in the cash machine

Bitcoin cannot be counterfeited unlike the paper money that is easily to counterfeit and this fake moneys are widely spread in the world.  Few years from now, we will be able to experience what a new kind of society we have through cashless system.

In our digital money was getting popular, but not yet legalized by the bank indonesia

You're correct mate. Well, implementing a cashless society is so hard even our how high our technology it is. As we all know that our society getting more involved on different innovation, I don't think it could be easy to have a cashless society since each of us have different perceptions and thoughts especially money is involved. Also, the internet connections does not much so developed since there is some part of our society have not yet fully develop as we all know a cashless transactions need it via online transactions.

Yes, digital currency is cashless in description, in the sense that you dont hold the cash.
BUT, prdominantly, cashless society implies to those currencies that are cash based and are regulated. just to ensure reduced cost and handling of the cash.

people find it more difficult to switch to a cashless society, since many still do not know how credit and debit cards are used, what to speak of bitcoins and crypto-currencies in general ... therefore, the transition of society to cashlessness is still difficult to implement.

Well for me it is better to spend money through bitcoin because it is cashless and it is easy to be paid like a credit card that you dont have to bring money more for your paying. And it is also safe for the thieves because you did not bring money that can catch the attention of the thief. I hope this would apply in my country.

I think most countries now are working towards going cashless. I’ve already had days when I didn’t have cash in my wallet and I was still able to do (and buy) all the things I needed. I have a metro card for public transpo, then I just use my debit card for purchases. And with cryptos being more and more widespread now, we may not even need cards in the future. I’ve read articles about the high probability of us becoming a cashless society. With blockchain becoming so useful and technologies becoming simpler yet more powerful, we can certainly have a more digital lifestyle in the future. Are you ready for it?

I think the future is not far from society, because it is a less expensive option and more environmentally friendly.

bitcoin and digital money will be the first step to help make a non cash future.

In the future, bitcoin can become the digital currency of the future and many will use it to purchase goods and limit the use of cash.

Depends how you understand digital money, do you mean cryptocurrencies or fund on your debit card.

I think eventually every country is going there. However, in our country, it seems some people are not yet comfortable with the concept. Slowly though we are adapting with the use of mobile apps to perform payments in malls and stores. Cryptocurrencies are also gaining a bit more popularity especially to the younger generations and it helps that there are mobile apps where we can easily buy bitcoin and send them as well.

Crypto currencies are extra than the virtual cash,in contemporary cashless economic system we nonetheless need banks to do the transaction and they have greater benefit than cash financial system because they keep maximum of the fiat currencies of the sector.
however cryotocurrency is different from that we hold the foreign money and we will do transaction when we need no regulations or what ever so the actual cashless financial system is whilst all of the human beings makes use of cryotocurrency in their daily lifestyles.

yes . Digital currencies are becoming common here ......I totally agree to that. We are in internet generation

In my country, digital money is just a form of venture capital. They have not been widely publicized

If one day digital money is put into practice, this really helps a lot for life.

I believe that digital money will be the future of human society. Where humans will not need to use cash to trade.

In my country digital money there is still a lot of people who uses normal cash for paying etc. I think about a half of habitans uses digital money for paying regular and most of they expenses like paying on street like food or some clothes, trains and similar. There is no infrastructure to pay in many places by bitcoin, in most places there is option to pay by cards, NFC and it's promoted by some 2-3 months to pay by android pay and apple pay.

I strongly agree with technological developments but the legitimate currency is very useful to buy goods with valid cash but the world has now grown and digital currency is very easy to shop to a shop but there is a part of the country still uses the cash currency

I am paying all my bills online. Takes 10 minutes. No going to 4 or 5 places to pay bills.

I heard that there are investors, financial experts and business men who believe that our future will be cashless. So I guess, one cryptocurrency will prevail. And I hink it’s great that our economy and financial paradigm will be restructured in a new, digital form that is quick, secure, transparent and efficient. Are you willing to go cashless?

Digital = Numbers

It is a tool for trading with a standard set of pricing, so that it would be easier to measure the items being exchanged.

It will take a long time to happen this because it's quite impossible for people to use digital money as the cashless society.

The best advantage of cashless society where money becomes digital is that there is no headache of change. The exact amount of the purchase is taken from the debit/credit card by the shops/stores/bill payments.

I think it would not just be cashless but also minimizes or it is gonna be a hassle-free world. Bitcoin can make this possible if and only if people around the world will consider the  worth of bitcoin. Soon, digital currencies will definitely dominate market.

Is it possible for all people to switch to digital money and leave cash? I think payment with digital money will be more practical and safer. But maybe people who do not like digital money will argue differently and obviously will never use it.

At this stage of human development it is very important. There is nothing more convenient than a cashless society, and bitcoin is a logical continuation of this trend. This will greatly improve our world.

I hope that in a few years people will completely stop using paper money, as their digital format is more convenient and safer.

Bitcoin is not a real currency right now. But in the future I believe it can completely become a currency. It is difficult to remove paper money in the future so I think they will exist in parallel.

I do not see anything wrong with this and I think that over the next two decades we will move completely to non-cash settlements by bitcoin

if in my opinion it would not be possible for the community without cash after digital currency. because of course many who don't know about digital currency and world currency certainly will never disappear at any time

it could be like that, but the impact of cryptocurrency still has its own place compared to credit cards.

yes, there is no doubt bitcoin is part of digital money. i call it the air money because it can't be seen nor touched. its so weird how the world operates now, sometimes i begin to wonder. well, bitcoin is accepted in almost every country. but yeah, whether its air money or not, it pays and a sure secured way of earning.

We also look forward to use digital money. Some people are using it to buy what they want or what they need. Digital money it has a big role of the society it could help thousands of people on the cashless basis for thier transaction. If they allowed bitcoib in the community i think it will become more better to everyone.

Digital currency is simply a way of promoting a cashless society. This is because all transactions will be done online.

I'm noticing that my country is slowly reaching that stage of cashless society. Online stores are such a huge hit here in us like Lazada and other famous dropshipping stores. Though that there are very few users of bitcoin and their merchants, I'm still hopeful that it will work someday.

I agree. It's a gradual process, but we'll get there. Online shopping, is indeed a hit (virtual shopping is in the works too), plus, we can function without cash. We have debit and credit cards, plus metro cards are now available for public transpo. Soon, we might not even need these cards anymore. Maybe we'll just tap our phones to purchase things. We are on our way to becoming a cashless society.

Why be against cash? In my opinion, it is necessary to use the advantages of all types of money in specific situations. Cash is still needed by our society and they will not go anywhere in the foreseeable future. On non-cash forms of payments, our society is largely ready to switch, but not to digital money. For the introduction of digital money, namely the crypto currency, there is still a considerable time, because the states as a whole do not want to support them.

Yes, that's true, China is cashless now and so will other Asian countries soon like Malaysia, Singapore, Thailand, Indonesia and the Philippines although I think that some of them are regulated by a Central Bank which I personally think should not be the case since digital money should not be regulated by any bank in the first place.

The cash is definitely dying and will disappear in the near future. In Canada, the use of cash is not widespread. More and more people are just tapping their debit or credit cards while paying for the products or services.  I think digital money is better and safer than the cash - no need to carry it with you and no one will still it from your bag or pocket.

I agree with the viewer's post. The value of the bitcoin depends on the agreement between the two sides.

That's why its value is increasing.

We already used bitcoin as a digital currency here in our country. I hope other coins will be considered also as a currency like ETH, BCH, and XRP for paying bills, buy goods, etc.. so that there's no need for us to convert those coins to Bitcoin when we need to pay in an online transaction.

Naturally, it will be used widely but it does not mean that the society will become cashless. Fiat will live together with the cryptocurrency - paper money will never vanish.

I think with the help of digital money which is also known as electronic money the community is not just become cashless(without the use of coins and notes) but also become card less(no credit or debit cards).And because of this type of money the people who hold black money are getting decrease as every thing has a records that how much a person spend and is it according to his income or not and if not the income tax can take that person to their office.

It seems to me that the sooner the country goes over to crypto-currencies. The more developed it is to accelerate. New technologies introducing into real life make it up-to-date and fair.

I would have to say that a cashless society makes it easier for all of us because we do not have to carry cash or worry about withdrawing money from the bank or ATM. We can simply pay through our debit and credit cards. This is why bitcoin and other digital currencies should continue to rise. I think that it will make all of our lives easier, however, I am not sure if fiat will really be eliminated for good. What do you think?

In few more years, i am sure that the world will completely turn digital and the cash transactions can anyhow reduce a lot and digital transactions can take their place.

Even in my country most if the developed cities have turned digital and does accept digital payments. However cash transactions will not completely vanish as they are the traditional means of payment.

Digital transactions gives us the ease and hastle free transactions to send money to the payee. Even that goes much quick and without any issues. Digital payments are much preferred now and mostly everyone is going for it.

Also the governments for some countries are trying their best to make their countries cash free and take a step ahead into digital payments. Hope that soon the globe turns digital so that they could also accept bitcoins and all other cryptos.

When your belief in the bitcoin market is big enough, the bitcoin price decreases, it's your chance to buy more.

Hope you are not lost

In my country, people who use non-cash are only a small part, Bitcoin in my country is still a minority and people are still comfortable using fiat money for daily transactions. We all know that Bitcoin is also a currency, but for now I still find it difficult to use it as a transaction tool. Need to wait when bitcoin is legalized throughout the world, we hope this will happen.

The whole world is shifting towards a cashless society. And cryptocurrency and the blockchain technology, would facilitate and improve transactions and interactions among individuals and businesses.

Hope you are not lost

In my country I still don't use bitcoin or digital money, but there are already a few of my countries without cash. Use of debit and credit cards in the store. But the majority still use cash.

Too volatile and mainly because it's decentralised so government has little control

In my country it is not forbidden to accept bitcoins for payment and besides, the state does not take taxes for it !

Same as the other country men. But we can cash out money if we want. Our earnings from bitcoin is very important because we can use it every where. Bitcoin nowadays is so famous in evey country.

In my country,bitcoin awareness has quite grown over the past 2 years. But people still deal with cash, and bank system. I am yet to see a supermarket (even the online ones) in my country that accepts bitcoin/other cryptocurrency as payment option.

The people like the traditional forms and prefers physical jobs. Nevertheless, i see that the elites are gradually adopting these electronic and digital systems.

The transition from cash to digital currency is still far away even though the process is beginning to be felt, nowadays people still depend on cash to meet their needs, even though in some percent the need for transactions has already used debit and credit cards.

Probably in our country some of the stores are accepting digital money you only need is to scan the QR code or send money via app to buy and sell products and service. Very easy to shop and to choose what to buy on, no hassle on going on malls and stores. Probably this industry will surpass the value of the money or cash in every country. If that will happen probably that was the great tribulation, lol.

Yes digital money is cashless society when if digital money limited like bitcoin but all banks are used digital transaction but they are printing unlimited money so it is not cashless society.

I think even though China already uses digital money as a transaction tool, but still the money is still the country's currency and not everyone in China don't because there are still many people's who use cash. This is like in any country including in my country. Indeed bitcoin also includes digital money, but still many countries have not used it as a transaction tool but must be sold first so that it can be used as a legitimate transaction tool.

I think your money will always be safe in a digital wallet so you can go out, buy goods and even pay for transportation without the amount of cash in your wallet, also faster to transact using digital money than fiat.
When everyone will use digital money in the future, it will be very different from what we have now, there will be less crime

it's too early to say that the public needs more digital money than cash, there are still many transactions that require us to use cash rather than digital money. many people are not familiar with technology, so it takes a long time for people to know digital currencies.

Yes digital money is cashless society. With the new development in the technoloy money has become more online or in the plastic card form and the floating liquid money has decreased much in the society. People prefer online transactions more. Being cashless society there are many benefits like worldwide trade can take place easily and it will take lesser time also. Biggest advantage of cashless society is that there is no scope of counterfeit money. So cashless society means more overall progress.

Undoubtedly, it is very convenient. But my country is underdeveloped in this regard, not all stores accept even Bank cards. I hope that over time the situation will change for the better, as I really want to use bitcoin as a currency.

in my country Indonesia bitcoin is prohibited for payments can only be used to sell and buy in exchange, but for the future I think Indonesia will accept bitcoin payments as a digital currency, but for now it hasn't

Full use of bitcoin as a currency will simplify our lives as buyers and sellers. But my country is unlikely to soon be able to use bitcoin as a currency, as the technical support leaves much to be desired.

All countries in the world want to go cashless and my country is not left alone. Some of the activities in country local market accept transaction using card and so on. Bitcoin is one of the cashless money and this would make bitcoin top among the cashless society

Perhaps the full transition of the world to digital money will not happen very quickly and soon, especially given the fact that the world is very unevenly developed. There is a huge number of cities where not only problems with non-cash payment, but also with the Internet in principle.

Digital money is the same as cashless like you rigtly said, its just that crypto is decentralized but the word cashless does not mean decentralized.

I don’t think it could be fully implemented for now. There are still a lot to research and develop with regards with this matter. Many are still not into the use of digital currency. Some do not have the capability to be able to get access for it.

Oh yeah, i see it on chinese series. They started to have a cashless society by the form of QR codes linked on their credit card or debit card. They used it to buy online , buy physical and even paying on a restaurant. As i see, cashless society is our next era and i dont see any wrong about that.

Bitcoin is definitely part of digital money. It runs on a peer to peer system which helps in easy and secure transaction of goods and services. Bitcoin is a digital currency.

China does have great intelligence in the fields of industry and technology, they are always advancing and developing rapidly, but in my country technology is accepted, but people who are smart in technology are very few and China is as fast and as strong as the others developed. the country is too slow in achieving progress but we have a lot of work and art. that in bitcoin my country is developing not fast.

if everyone already knows and invests in the world of bitcoin everyone will use digital money instead of cash.

Digital = paperless. When you pay bills online you do not get paper bill. When you store your data on a computer, you do not need books.

that's right bro. even we are easier to cancel transactions. especially when we visit abroad without having to exchange banknotes. we can make transactions using digital currency. especially in countries that have joined bitcoin

Digital money is certainly good our time, at a time when special development have cryptocurrency, very help to work, it has become much easier, it is only on the popularity and development.

but now there are still many people who deny the existence of bitcoin, many people who use bitcoin just to get money only and do not see how the system in it is so extraordinary

In my country, the usage of digital money is still not evenly distributed, i think is because the people itself majority is still not aware with the usage of digital money.

There are some parts in my country who uses the digital money it is like an urbanized area where you will use your phone because you need to scan a QR code there are so many merchants and stores and even stalls who uses and accepts the digital currency as a payment and even in our transportation but there are still who don't use it. if bitcoin will be regulated and will be accepted in our country well it is a good thing to us.

Our society slowly moves towards digital world. And in this cryptocurrency like bitcoin help our society. Every one wants love cashless methods of shopping and in this time they also want a safe secure and trusted medium for their transaction. Bitcoin is perfect option for this and bitcoin is also famous for this kind of safe, secure transaction and bitcoin also charge less transaction cost. Because of this above features of bitcoin many online retailers and small business use it for their business purposes. Bitcoin also use for online tickets booking and hotel booking, for monthly rents etc.