Cashless society

[conected]

I think this would be really great,I mean we don't have to carry cash on where ever we are going,
There are some people who are always forgetting their wallet on their home because they are in a rush .
But there are also a down side in being a cashless society hackers could easily hack your money .

- Our money will not be guaranteed in this society, it's too convenient for hackers to attack and steal, I really do not want to live in anxiety every day, and I believe many people have the same thoughts as me. In addition, cash is very convenient for the transaction, without it, everything will become very troublesome, some people are very hated using modern technologies, they prefer the traditional as cash, society will change but there are many things that will not change to create stability and balance for society

[millionaireshs]

I don't think that it will work for a long run, it comes from a number of adjustments. In fact, a lot of problems are possible to encounter. Obviously, it runs thru the internet so without internet no transactions will happen and no opportunity for Bitcoin therefore. Not everything are capable or has enough knowledge to engage in this changes, it will hard to adjust themselves especially they were born in a society that is using tangible currency.

[mcqueen95]

all around the globe, regional banks formed networks of ATM machines that could make use of these new cards. as of now many people used ATM and these powerful network ultimately brought the age of the cashless buying and selling one gigantic step closer to reality.

[Scavagers]

Have you ever wondered how would the world's economy be like in the future as a cashless society?

Perhaps, with the increased traction of blockchain acceptance nowadays, could lead to the creation of digital fiat currencies powered by blockchains that are managed by governments themselves. With this in mind, there would be no need for physical cash, as digital fiat currencies would provide many advantages such as quick settlement, global payments, full transparency, implants use on citizens to make payments, and more.

If this becomes a reality, which I'm sure that it will, it would radically transform our lives for the better and reduce criminal activity as a result of the full transparency and auditability that a digital fiat currency would have thanks to the power of the blockchain technology.

Also, it makes me wonder if cryptocurrencies like Bitcoin would exist by that time, or will they co-exist with digital fiat currencies.

Nevertheless, I would like to know your opinion about this. 

I do not think that it is not possible but this one is hard to achieve, many things are needed to be considered before making that happen. Digital cryptocurrency relies on technology to be used unlike paper money. We do not need technology in transactions of using paper money. Many people do not rely on technology and many people do not have electronics to use it. It also relies on the access of internet but many areas are still not reached by internet.If internet connection goes down then bitcoin cannot be accessed.

[btctube]

Technology is power. The government will definitely spend more money on it from servers, machines, securities including the trans to cashless. It already started long before bitcoin was even created, paypal seem to be the first steps. Its not perfect a lot of us are complaining about it begin the playground for scammers.

[rfouziha]

The revolution of cashless society is started since the internet invented and almost everyone using debit and credit cards world wide and no doubt that it is safe and easy to handle that's why every one easily adopting the cashless transactions. Yes there is some issues but it is very less percentage compare with maximum advantage. I believe in next fifty years whole world will go cashless only that time bitcoin the cryptocurrency will play the big role.

[paoeng1]

Have you seen Mr. Robot? You reminded me of it.
Well coming to real world, it is not possible at least for next 20 years. No matter how easy cryptocurrencies made the finance but still its scope limited to internet. We need liquid flow of internet to transfer BTC and other coins from one person to other. But if we see current situation, internet is not the bite of every individual. Lots of technical jargon stops the way of utopian society of CRYPTOCURRENCIES.

Cashless society is okay but how about other people, how about people are very poor,  how they manage their life.

[aishyoo17]

Have you seen Mr. Robot? You reminded me of it.
Well coming to real world, it is not possible at least for next 20 years. No matter how easy cryptocurrencies made the finance but still its scope limited to internet. We need liquid flow of internet to transfer BTC and other coins from one person to other. But if we see current situation, internet is not the bite of every individual. Lots of technical jargon stops the way of utopian society of CRYPTOCURRENCIES.

Cashless society is okay but how about other people, how about people are very poor,  how they manage their life.

People are poor and will not find way to make their lives better will remain poor and when the time comes that we will be cashless and use technology for all our transaction then its going to be more hard for them to get free money.

[Akupuniard]

Cash is the most weak part of money system at my opninion cause can be easily stolen , changed and destroyed without any chances for recovering.

[playful69]

the concept of a cashless society where all financial transactions and purchases are strictly controlled and every nuance of a person's life is noted and recorded, many cases by implanted chips, sounds like the perfect ingredients for a science-fiction thriller. technology has progressed to the point where "becoming paperless" it can be implemented.

and i believe it is being implemented.

[white.raiden]

It is in favor of people who own a business, payment options are becoming more convenient for them. They are able to complete transactions by simply scanning the barcode using the authenticator of their phone. The problem is if you'll lose your phone or someone took it and you forgot to logout all your account. Is it hard to track people who hacks your account especially using bitcoin wallet addresses.

[wewe123]

If this bitcoin or other cryptocurrency is applied or implemented in all business establishment in certain place without using cash instead of digital currency so we can say that this place is cashless society.

[leexhin]

I think we are heading right to a cashless society ,
When the crypto currencies become so popular and almost everything could be paid in crypto's then I think Fiat would be useless when that time comes.
I think there would be only few people who would still use Fiat .

[icecream sandwich]

Have you ever wondered how would the world's economy be like in the future as a cashless society?

Perhaps, with the increased traction of blockchain acceptance nowadays, could lead to the creation of digital fiat currencies powered by blockchains that are managed by governments themselves. With this in mind, there would be no need for physical cash, as digital fiat currencies would provide many advantages such as quick settlement, global payments, full transparency, implants use on citizens to make payments, and more.

If this becomes a reality, which I'm sure that it will, it would radically transform our lives for the better and reduce criminal activity as a result of the full transparency and auditability that a digital fiat currency would have thanks to the power of the blockchain technology.

Also, it makes me wonder if cryptocurrencies like Bitcoin would exist by that time, or will they co-exist with digital fiat currencies.

Nevertheless, I would like to know your opinion about this. 

For me it is hard to be a cashless society because not all people are technology literate especially those poeple whp are poor or in the lower calss of the society. Those poeple who doesn't have phones, how can they access cashless society. Porr people cannot cope up with those things. So dor me it will take a long period of time before that will be exist but for me they can both co exists sp that would be much better.

[Pjoh ie]

I think people without money would be very bad, now people would not be life without money for everything need the money, here’s the use of know bitcoin, my own also feel very helped in terms of financially for bitcoin.

[giftoflove58]

Have you ever wondered how would the world's economy be like in the future as a cashless society?

Perhaps, with the increased traction of blockchain acceptance nowadays, could lead to the creation of digital fiat currencies powered by blockchains that are managed by governments themselves. With this in mind, there would be no need for physical cash, as digital fiat currencies would provide many advantages such as quick settlement, global payments, full transparency, implants use on citizens to make payments, and more.

If this becomes a reality, which I'm sure that it will, it would radically transform our lives for the better and reduce criminal activity as a result of the full transparency and auditability that a digital fiat currency would have thanks to the power of the blockchain technology.

Also, it makes me wonder if cryptocurrencies like Bitcoin would exist by that time, or will they co-exist with digital fiat currencies.

Nevertheless, I would like to know your opinion about this. 

This is a great idea and eliminate thief and robbery. if the world will going through with this cashless society, We feel safe in every places and no worries to transact big amount.

[Abiky]

I think we are heading right to a cashless society ,
When the crypto currencies become so popular and almost everything could be paid in crypto's then I think Fiat would be useless when that time comes.
I think there would be only few people who would still use Fiat .

This may be not so distant in becoming a reality in the future. Cryptocurrencies have risen in user interest lately, and everyone has been paying close attention to their progress in the mainstream world. Banks and governments have been exploring the benefits that Bitcoin's underlying blockchain technology provides, and have considered to make digital currencies of their own. When they start doing this, they might educate people to begin using cashless payments.

Before we know it, people will quickly adapt to buying and selling stuff with digital currencies, and only a small percentage will use physical fiat. One thing for sure is that technology is quickly evolving, and it should only take a matter of time before a cashless society becomes a reality. Nevertheless, one way or another, people would have to adapt to cashless payments as governments use the blockchain technology for their own benefit. Just my opinion

[rinamor]

We a need cash meanwhile there are few amenities offer or accept bitcoin. We have no choice we just need to use it the dealings are made hand-to-hand. Fiat currency has its influence and value and bitcoin also has its benefit and value. I also think we both need it in a different situation or paying our daily needs.

[Duzter]

There are countries that prioritize cashless society, because it provides the ease of accessing as well gives a collective data of transactions which helps in taxation. Possibly in future can see more countries going cashless as technology has begun making changes.

[Palmholder]

   It looks like nightmare for me to live in cashless society. So any my payment or income may be traced by government, i would pay taxes for everything even for selling old bicycle or vinil disc.. I will not be able to buy food or water without electricity, I will be severely addicted to hardware which is expensive and may become broken. Besided I will be ordered to bring some type of smartfon anywhere with me in case I need to pay for something what makes anyone aware of my location