Bitcoin Forum
September 05, 2025, 09:16:03 PM *
News: Latest Bitcoin Core release: 29.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: People not working around with huge cash this days  (Read 396 times)
GIF-JOBS
Full Member
***
Offline Offline

Activity: 560
Merit: 221



View Profile WWW
March 23, 2025, 10:36:23 PM
 #21

You are right. Cashless finance policy can be a way for the people of a country to prevent money wastage and increase savings. Spend the amount of money you need or pay through exchange, the remaining amount will be in the digital wallet. Here you should be aware of the security of the wallet so that your secret Seed Phrase is not stolen by a fraudster. In most countries where technology has touched, there is an attempt to make citizens cashless by digitizing fiat currency. If transactions are started through cryptocurrency in the future, the government can formulate policies to reduce the pressure on fiat. Transactions through Bitcoin have been started in some countries including El Salvador.
Modern financial management is becoming an important issue in the current world, it is not only helpful in preventing money waste and increasing savings, but it has also made transactions faster, safer and easier. I think that transactions through Bitcoin will start in all countries of the world in the near future, which is not too far away. If you save your private keys, your Bitcoin is completely safe. Transactions through Bitcoin will ensure much more convenience, and as transactions through cryptocurrencies become more common in the future, it will be necessary for governments to create new policies, for example, El Salvador has accepted Bitcoin as a legal means of transaction, Trump will also take Bitcoin much further in the United States, thus the whole world is gradually moving towards cryptocurrency. And over time, Bitcoin will gain legitimacy all over the world.

Versatile_choice
Sr. Member
****
Offline Offline

Activity: 336
Merit: 273



View Profile
March 23, 2025, 10:57:38 PM
Merited by CryptopreneurBrainboss (2)
 #22

The cashless policy has really encouraged online banking. We've gradually moved on from those early morning queues at the front of ATM stands, waiting to withdraw our own money. Online bank is very reliable, but the extra costs(charges) is very disappointing. Some people even go as far as charging 100naira after making purchase from them. We haven't even talked about how some of these PoS merchants over inflate their charges.

No be small early morning  queues, because of say we want to withdraw money people they wake up very early so that e go reach there turn and no one they pain pass reach when money done finish for ATM machine, e get one way I go that time, no money for machine and we report to the bank to refill so that we go withdraw and they say make we wait them go send person, omo I they there reach four hours we no see money for machine, na so we take go home after we done waste our time.

But I happy say shops way been no they like transfer done they take now, and besides if na cash person want now e they very easy because everywhere na Pos, so now anytime way I pass any bank I they hardly see more than four people way they won withdraw, so the habits of bank done they tire people.

CLOUDBET
▀██████▄██████████████▐███████▌██████████████▄██████▀
▀████████████████▌█████████████▐████████████████▀
▀█████████▐█████████████████████████▌█████████▀
▐█████▌████████████▐█████▌████████████▐█████▌
█████████▐█████▌██▐█████▌██▐█████▌█████████
█████████▐█████▌███████████▐█████▌█████████
█████████▐█████▌███████████▐█████▌█████████
█████████▐█████▌███████████▐█████▌█████████
█████████▐█████▌██▐█████▌██▐█████▌█████████
▐█████▌████████████▐█████▌████████████▐█████▌
▄█████████▐█████████████████████████▌█████████▄
▄████████████████▌█████████████▐████████████████▄
▄██████▀██████████████▐███████▌██████████████▀██████▄
| 

 
WELCOME
OFFER
|||██████
██
██
██
██
██
██
██
██▄▄▄▄
▀▀▀▀▀▀
 
PLAY NOW
██████
██
██
██
██
██
██
██
▄▄▄▄██
▀▀▀▀▀▀
Pressurizedem
Member
**
Offline Offline

Activity: 228
Merit: 32


View Profile
March 29, 2025, 09:41:30 PM
 #23

Is it easy to walk around with huge cash without fear? It's is definitely not easy.There are so many places in Portharcourt that you can't even walk with a good product on you,either wrist watch  or fine necklace.If you try to walk in those places,they might cut your hand just to get that expensive material you are putting on.
I have witness a woman's hand being cut off just because he was putting on a gold wrist watch.The criminal cut her hand off and pushed her to the gutter right infront of everybody and ran,but the most surprising thing about the whole thing was that everybody saw him,and no one cared to run after him or chase him.
Jostern
Full Member
***
Offline Offline

Activity: 182
Merit: 174



View Profile
March 30, 2025, 11:37:28 PM
Merited by Silikiem (3), knowngunman (1)
 #24

I think the cashless policy made people understand about online  banking and also not to work around with larger amounts of money people are now adopting the policy of transfer and which it has been of good use to people being extremely careful and not being robbed by hoodlums, infact at the comfort of your wallet one can work around with larger sum of amounts on a online wallet.... and aslo transition using digital currencies helps to reduce cost of spending and saving habits
Cashless policy have been very helpful to people. It’ has stopped people being robbed off there money. It’s been a grate opportunity for people to understand that you can carry your phone and make whatever transfer you want to make at your comfort zone. But there are disadvantages and advantages to every good innovation. Someone phone can get stolen and there money can still been stolen from there mobile wallet. So there is an importance that we should also guide our phone carefully.

Versatile_choice
Sr. Member
****
Offline Offline

Activity: 336
Merit: 273



View Profile
March 31, 2025, 07:48:32 AM
 #25

I think the cashless policy made people understand about online  banking and also not to work around with larger amounts of money people are now adopting the policy of transfer and which it has been of good use to people being extremely careful and not being robbed by hoodlums, infact at the comfort of your wallet one can work around with larger sum of amounts on a online wallet.... and aslo transition using digital currencies helps to reduce cost of spending and saving habits

Is not like people don't understand the online banking but it was just stressful for people most especially those from underdeveloped area because some don't have bank account, some don't have microfinance bank which makes transaction very easy and again some people are not use to that method of doing thing but the cashless policy left people with no choice than to adopt and do it just to survive the period, after the period of cashless policy most persons has gone back to their normal way  of..., walking with around with phone while you have an asset inside is also very risky.

CLOUDBET
▀██████▄██████████████▐███████▌██████████████▄██████▀
▀████████████████▌█████████████▐████████████████▀
▀█████████▐█████████████████████████▌█████████▀
▐█████▌████████████▐█████▌████████████▐█████▌
█████████▐█████▌██▐█████▌██▐█████▌█████████
█████████▐█████▌███████████▐█████▌█████████
█████████▐█████▌███████████▐█████▌█████████
█████████▐█████▌███████████▐█████▌█████████
█████████▐█████▌██▐█████▌██▐█████▌█████████
▐█████▌████████████▐█████▌████████████▐█████▌
▄█████████▐█████████████████████████▌█████████▄
▄████████████████▌█████████████▐████████████████▄
▄██████▀██████████████▐███████▌██████████████▀██████▄
| 

 
WELCOME
OFFER
|||██████
██
██
██
██
██
██
██
██▄▄▄▄
▀▀▀▀▀▀
 
PLAY NOW
██████
██
██
██
██
██
██
██
▄▄▄▄██
▀▀▀▀▀▀
Ever-young
Sr. Member
****
Offline Offline

Activity: 1666
Merit: 306



View Profile WWW
April 12, 2025, 12:58:40 AM
 #26

E com be like sey na me dis cashless policy sweet pass sef. D easy of knowing sey I fit do anything or buy anything without thinking whether I forget my wallet for house or not na d icing be dat. In fact, I dey even avoid doing business with any person or joints wey nor dey accept transfer dis days. D thing get a certain level of comfort wey e dey bestow on us wey dey use am.

Na so nah, e don really Dey of help to a lot of people, e don save people from thieves or misplacement due to thinking, and e come make people no dey carry bag up and down or wallets or purse, just through phone, person don do everything, no body go know Wetin you don do or not, those people wey never dey modernize by using POS or accept cashless policy, never really dey expose but even as cashless policy dey like this, person gats to be very careful because some thieves still dey collect people mobile phones.

▄▄█████████████████▄▄
▄█████████████████████▄
███▀▀█████▀▀░░▀▀███████

██▄░░▀▀░░▄▄██▄░░█████
█████░░░████████░░█████
████▌░▄░░█████▀░░██████
███▌░▐█▌░░▀▀▀▀░░▄██████
███░░▌██░░▄░░▄█████████
███▌░▀▄▀░░█▄░░█████████
████▄░░░▄███▄░░▀▀█▀▀███
██████████████▄▄░░░▄███
▀█████████████████████▀
▀▀█████████████████▀▀
Rainbet.com
CRYPTO CASINO & SPORTSBOOK
|
█▄█▄█▄███████▄█▄█▄█
███████████████████
███████████████████
███████████████████
█████▀█▀▀▄▄▄▀██████
█████▀▄▀████░██████
█████░██░█▀▄███████
████▄▀▀▄▄▀███████
█████████▄▀▄███
█████████████████
███████████████████
██████████████████
███████████████████
 
 $20,000 
WEEKLY RAFFLE
|



█████████
█████████ ██
▄▄█░▄░▄█▄░▄░█▄▄
▀██░▐█████▌░██▀
▄█▄░▀▀▀▀▀░▄█▄
▀▀▀█▄▄░▄▄█▀▀▀
▀█▀░▀█▀
10K
WEEKLY
RACE
100K
MONTHLY
RACE
|

██









█████
███████
███████
█▄
██████
████▄▄
█████████████▄
███████████████▄
░▄████████████████▄
▄██████████████████▄
███████████████▀████
██████████▀██████████
██████████████████
░█████████████████▀
░░▀███████████████▀
████▀▀███
███████▀▀
████████████████████   ██
 
[..►PLAY..]
 
████████   ██████████████
Dulen007
Member
**
Offline Offline

Activity: 95
Merit: 10


View Profile
April 12, 2025, 09:56:57 AM
 #27

Honestly speaking, the introduction of cashless policy has helped a lot in our present day society.
One don't need to walk around with your pockets being heavy cox uvd got some huge amount of cash in it.
Though, our network system still needs to be upgraded so as not to experience unsuccessful transactions.
 
Juicyhome
Full Member
***
Offline Offline

Activity: 476
Merit: 182



View Profile
April 12, 2025, 08:28:25 PM
 #28


Na so nah, e don really Dey of help to a lot of people, e don save people from thieves or misplacement due to thinking, and e come make people no dey carry bag up and down or wallets or purse, just through phone, person don do everything, no body go know Wetin you don do or not, those people wey never dey modernize by using POS or accept cashless policy, never really dey expose but even as cashless policy dey like this, person gats to be very careful because some thieves still dey collect people mobile phones.
For this country hardship, na only mumu go carry cash waka for road, thieves full street dey find who dem go collect from, so one need shine eyes, na why e transaction dey so make u nor hold cash for hand, every shop dey accept transfer and Atm so why you go stress go withdraw with charges just to pay for goods you can actual transfer direct to. The cashless policy wey FG bin bring come Naija and correct thing wey dey help businesses in the country. Because when we be they keep money for wallet naso we dey lose wallet or them thief am, at the end you go lose eveything, but now, even if u lose wallet na empty wallet. But this increase in tax de worry the cashless policy, when u transfer the FG come dey charge u more so this yeye tax no go fit help the cashless policy, when u pay more charges for making transfer than when you pay with cash, then everyone would prefer to use cash than to make transfer. make the FG remove tax from e transfer or reduce it. 

odunybiz
Full Member
***
Offline Offline

Activity: 882
Merit: 134


★Bitvest.io★ Play Plinko or Invest!


View Profile
April 13, 2025, 11:18:04 AM
 #29

Honestly speaking, the introduction of cashless policy has helped a lot in our present day society.
One don't need to walk around with your pockets being heavy cox uvd got some huge amount of cash in it.
Though, our network system still needs to be upgraded so as not to experience unsuccessful transactions.
 

Both banks and service providers (mtn, glo and others) need to work to perfect their network. I once got stranded a day when I plan to buy fuel with my ATM but the network was so bad that the withdraw wasn't going. So I also try to make transfer, here again I was stopped by my service provider as the transfer wasn't going due to bad connecting network from my service provider. Cashless policy is highly good and is something our government should implement more upon so as to reduce the effect of cash on individuals living in our country.

Jamestown70
Jr. Member
*
Offline Offline

Activity: 75
Merit: 7


View Profile
April 13, 2025, 03:04:46 PM
 #30

I don't think its even advisable for somebody to be moving around with large some of money in this country or even any where else because the world has moved passed that analog stage, currently in this country just get yourself one of this online banks like opay monie point palmpay and you are good to go, I don't even trust the traditional banks in terms of services, so my friend going around with large some of money you are either calling for kidnap or robbers to get you, if you are doing that or knows someone who does that please advise the person to stop moving around with cash
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!