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Author Topic: Do you think there's another way to pay in the future?  (Read 3298 times)
Ethan Argu
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October 29, 2018, 02:42:12 AM
 #221

The paying method you mentioned is implemented several years in Lund university in Sweden.

And today in China, Alipay is supporting to use your face without taking the mobile to pay if you set the permission.

One step closer to complete surveillance over who pays for what. Once the government can monitor every payment being made they'll be able to sell that data to corporations. It'll be every economist's wet dream.

This face transaction business is a bit worrying to me. I don't think I would support that myself. It's like the chip implementation or fingerprint reading system that they've got in mind for cardless transactions. The problem is many countries are still resistant to the concept of not having cash in their pockets.

For me, I recommend bitcoin will be the best payment medium method in terms of paying bills because it is convenient to purchase in any particular products without stepping out to your house. I think it is the best opportunity that the government of the country should begin to study the perks of getting bitcoin to involve in the industry.

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October 29, 2018, 03:02:51 AM
 #222

We are living in the technology era 4.0, a huge advance of science. At this point, we have many forms of payment in many types such as Cash, Cryptos, Passport or Visa and Mastercard, etc. But having a microchip, and AI, to replace us with very small amounts of money, is dependent on computer scientists.
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October 29, 2018, 03:28:39 AM
 #223

when a chip is installed or implanted into your body, your movement will be monitored by the government and I think that will violate your privacy rights, the technology you mentioned is good but it's not good for people's privacy because it's too dangerous.
el_lobo
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October 29, 2018, 03:51:19 AM
 #224

It is hard to tell in advance what is still to come.
Every day could be a new invention appear that could replace the blockchain.
Maybe there will be something new, but at the moment i think it may be a further development of the blockchain.
But i hope it will be an evolved version of bitcoin.
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October 29, 2018, 04:57:33 AM
 #225

when a chip is installed or implanted into your body, your movement will be monitored by the government and I think that will violate your privacy rights, the technology you mentioned is good but it's not good for people's privacy because it's too dangerous.

Having a foreign object planted in your body is far too dangerous for me because our body will react to it. It may have a good effect as to the tracking of a missing person or for the efficiency of transactions but still, it is not an ideal way for me. We are already experiencing now the advantage of using cryptocurrency as payment option because of the fast transaction and then more innovations would happen in which there would be no fiat needed anymore because it would be all digital then.

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Cherylstar86
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October 29, 2018, 05:21:13 AM
 #226

when a chip is installed or implanted into your body, your movement will be monitored by the government and I think that will violate your privacy rights, the technology you mentioned is good but it's not good for people's privacy because it's too dangerous.

Having a foreign object planted in your body is far too dangerous for me because our body will react to it. It may have a good effect as to the tracking of a missing person or for the efficiency of transactions but still, it is not an ideal way for me. We are already experiencing now the advantage of using cryptocurrency as payment option because of the fast transaction and then more innovations would happen in which there would be no fiat needed anymore because it would be all digital then.
Future may seem very unpredictable but evidently technology is evolving tremendously, every single day there have been new inventions and discoveries. The world is day by day going digital and Bitcoin is one of the best invention. It is a total breakthrough because of its blockchain technology and transparency. I believe that there's more to look forward to that can bring so much ease and convenience in the world of cryptocurrency that everyone can enjoy and benefit from.
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October 29, 2018, 06:45:28 AM
 #227

Im thinking like an micro chip implanted in our body. This system is not out of the picture because how we discover things every year, it is not impossible that in the future this things may happen and it will boom like btc.

I'd be interested provided it was a less permanent solution. IE, something I can actually remove/add at my own will.

I believe startups are actually already working on solutions like this. I'm sure there are many on Angel.co

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shekt4
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October 29, 2018, 08:10:16 AM
 #228

Im thinking like an micro chip implanted in our body. This system is not out of the picture because how we discover things every year, it is not impossible that in the future this things may happen and it will boom like btc.

Yes...it will surely happen, just i personally think it will take ages for a payment chip to be implanted in the body!...so many religious leaders and bodies will fight it...let us be sincere too...we probably may not need it since bitcoin and crypto currencies works well....anyway no one can accurately predict the future!
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October 29, 2018, 09:28:40 AM
 #229

I'm thinking like a microchip implanted in our body. This system is not out of the picture because how we discover things every year, it is not impossible that in the future this thing may happen and it will boom like btc.

I agree with this statements because nothing is impossible in this world anymore right now. If there is technology, everything can happen. Is just how they are going to implement the ideas of using the technology that benefits humanity.
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October 29, 2018, 03:12:01 PM
 #230

Im thinking like an micro chip implanted in our body. This system is not out of the picture because how we discover things every year, it is not impossible that in the future this things may happen and it will boom like btc.
Yeah it might happen in the future because technology always goes forward right, but I still can't imagine what kind of payment method
will happen because our knowledge is still limited by the current time and current technology ? so I can't imagine what kind of technology will be

bonammeo
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October 29, 2018, 03:18:37 PM
 #231

I never thought about this. Maybe they will add more money to pay, such as electronic money. As for the development, they will probably increase the security and security of the transaction. People say we will pay for it with a chip, a chip on our body, for example. I think that is a good idea.
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October 29, 2018, 03:37:57 PM
 #232

You mean like Cyborgs..?
It may become true in future but I doubt it will be mass adopted as most of the population will not be agreeing to change their body for those things.

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October 29, 2018, 03:55:12 PM
Last edit: October 30, 2018, 12:29:46 AM by crwth
 #233

You mean like Cyborgs..?
It may become true in future but I doubt it will be mass adopted as most of the population will not be agreeing to change their body for those things.
I like the idea of cyborgs, lol.



There are always things that are going to be created at a certain time place. Whether it's about a global economy, transactions, currencies, people, behavior, etc. Having another way would be far off because you have already had other ways, maybe have a different style in the world.

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October 30, 2018, 11:55:51 AM
 #234

Im thinking like an micro chip implanted in our body. This system is not out of the picture because how we discover things every year, it is not impossible that in the future this things may happen and it will boom like btc.
Do you think there's another way to pay in the future I hope that the micro chip that can implanted to our body will not happen .
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