Does this mean Cash will be extinct?

[henmark]

of course not! cash is different to crypto there is a big big difference about it you know. cash is used by the people in their everyday life, it can't be extinct there are also many people will be rally about that and make complain about the cash system that you are saying, it is impossible to extinct cash.

As day by day bitcoin popularity is increasing the chances are bright that cash will be extent and world will switch to the crypto soon because there is a lot of eases in using bitcoin firstly it can be investment and it generate huge money through itself and secondly it can be used globally it is not confined to any region and it is most secure form of money nobody can rob it and all this here so why we need cash.

[Sale_man]

This is far from coming a reality. Having a cashless society is not as easy as many think. Not everybody got the minimum of knowledge that allows them to use bitcoin without mentioning people who still even do not have access to the internet. It needs serious internatinal plan to integrate bitcoin in the society and eliminating cash is still a fantasy for now.

[Pinkris128]

to face out all fiat money on one country is not necessary, how about those anyone or anybody that who cant afford to buy gadgets and provide a internet connection, how do they live. i mean how do they make transaction on the physical market to buy or sell goods just to live? this idea is non sense. fiat money is important too and i think more country not to follow if that happens.

Yes not just beause one country was planning do it that doesnt mean that others will follow. There many things to be consider forst here, fiat will neger be extinct. It must be remain because this was control by our government and they wont let digital currency to defeat fiat. Having a cashless society was not good because not everybody knows how to used technology.

[Toxicslicer]

I think that that is what will happen in a few years because more people are trying to buy things online and with bitcoin you can witch is nice.
So you should buy bitcoin and invest in it more.

[Jupeter]

No cash will not be extinct in the whole world, because cash is known by every people in this world, and cash is their needs to buy something, Bitcoin is not yet known by all people unlike cash that is part of the history of the world and cash is the key of every people to do and to buy all their wants, so i cannot agree that cash will be extinct.

[indrakusumaindra]

this concepet is far away been considered before cryptocurrency came out . cashless society is the  best i think we should trade with electronic money to minimize the money laundry and fraud. this kind of thing is good for economic and make fair trade between buyer and seller. so i believe it would happen eventually

[Tinytorrent]

Yes i think that cash will be extinct in the future because everyone will invest in bitcoin and make money by doing nothing witch is the best thing to do to waste your life away to some coin that can turn 2k into 7k within 3 months.

[DIMKAZDS]

to face out all fiat money on one country is not necessary, how about those anyone or anybody that who cant afford to buy gadgets and provide a internet connection, how do they live. i mean how do they make transaction on the physical market to buy or sell goods just to live? this idea is non sense. fiat money is important too and i think more country not to follow if that happens.

Yes not just beause one country was planning do it that doesnt mean that others will follow. There many things to be consider forst here, fiat will neger be extinct. It must be remain because this was control by our government and they wont let digital currency to defeat fiat. Having a cashless society was not good because not everybody knows how to used technology.

No cash cannot become extinct at any cost.Cash is used by all of the people of the world irrespective of whether he is rich or poor.All the international transactions are done through cash.In many nations,the only medium of living is through cash.Many people in the world still do not know what is internet and what are cryptocurrencies and how are they operated.Many people in this world are still illiterate.A cashless society is still not possible in the future because many do not know about the technology.The government will also not legalise such a cryptocurrency as it has no control over it.

[Rotsor]

Yes this does mean cash will be extinct. It is unfortunate that we have to use physical cash for our day to day purchases and transaction right now, but this won't be forever. Bitcoin is on the way to replacing cash as it is far superior and thus it is only a matter of time. Bitcoin has solved problems in money and thus it is a revolution in money and it is acting that way no doubt.

[decoder88]

Sweden is contemplating to stop using cash by 2023, does this mean cash might be extinct if other countries follow suit?

https://www.weforum.org/agenda/2017/10/sweden-could-stop-using-cash-by-2023?utm_content=buffer40bef&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Nope. I don't think so because we all know that bitcoin is a digital currency which is very usableI in online not on the real world. But somehow it can be changed in real money it cannot be a threat to real money to be extinct or make it vanished.  And I believe that bitcoin and cash are very good today in terms of their partnership. 

[Fesatmas]

It depends on some countries that choose not to use cash anymore it maybe of limited use and may switch to other currencies like Bitcoin. But I do not think cash will go extinct, because this useful for people who often transact directly without worried about get scam.

[Ashong Salonga]

Sweden is contemplating to stop using cash by 2023, does this mean cash might be extinct if other countries follow suit?

https://www.weforum.org/agenda/2017/10/sweden-could-stop-using-cash-by-2023?utm_content=buffer40bef&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

No. Cash would not be extinct because we all know that bitcoin isn't a threat to cash because somehow we can say that they are both helping each other in terms of earnings for other and we can see that bitcoin isn't that had a lot of supply which are not just like the cash which monthly creating supplies.  

[Sanugarid]

Sweden is contemplating to stop using cash by 2023, does this mean cash might be extinct if other countries follow suit?

https://www.weforum.org/agenda/2017/10/sweden-could-stop-using-cash-by-2023?utm_content=buffer40bef&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

It is depend on the people who are using bitcoin because if they intended to use bitcoin than using cash it may be a way to extinct then supplies of cash eventhough we are saying that bitcoi n isn't that continuous to creat supplies. Bitcoin may somehow be the way for the cash to become extinct.

[poldanmig]

It depends on some countries that choose not to use cash anymore it maybe of limited use and may switch to other currencies like Bitcoin. But I do not think cash will go extinct, because this useful for people who often transact directly without worried about get scam.

I think it is still difficult when cash money is eliminated. because cash money is synonymous with the struggle of the state. as evidence that the country is prosperous.

[gabmen]

It depends on some countries that choose not to use cash anymore it maybe of limited use and may switch to other currencies like Bitcoin. But I do not think cash will go extinct, because this useful for people who often transact directly without worried about get scam.

I think it is still difficult when cash money is eliminated. because cash money is synonymous with the struggle of the state. as evidence that the country is prosperous.

It doesn't mean that cash will be wiped out entirely. We're looking at two currencies that can compliment each other and provide people with choices gat can make their lives easier.

[X2PR8888]

I don't think paper money will go into extinction too. As what most of you have pointed out, it is, at this point, more disadvantageous if it is completely removed from circulation.  Bitcoins and the likes of cashless transactions are more convenient in so many ways but there is still beauty to an actual paper money especially for those who do not have the means to trade electronically.

[Rufsilf]

It depends on some countries that choose not to use cash anymore it maybe of limited use and may switch to other currencies like Bitcoin. But I do not think cash will go extinct, because this useful for people who often transact directly without worried about get scam.

I think it is still difficult when cash money is eliminated. because cash money is synonymous with the struggle of the state. as evidence that the country is prosperous.

It doesn't mean that cash will be wiped out entirely. We're looking at two currencies that can compliment each other and provide people with choices gat can make their lives easier.

I agree with you that cash will not be extinct because with the cryptocurrencies it gives option and helps people to transact faster and that the people should not look for cryptocurrencies as being a bad currency because it will help them to reach different new opportunities and services because this is the future of our money.

[dynospytan]

Sweden is contemplating to stop using cash by 2023, does this mean cash might be extinct if other countries follow suit?

https://www.weforum.org/agenda/2017/10/sweden-could-stop-using-cash-by-2023?utm_content=buffer40bef&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

No, It takes time to do that but I think it will never happen. So let's say if all the country makes bitcoin as real currency and the real currency such as dollars and etc. will be extinct, what will be the basis of bitcoin when it comes of its value? We all know that bitcoin price value is majority depending on dollars, so in my opinion there will be no extinction of real currency.

[PeanutLooks]

Not necessarily money shoyld be wiped out, but perhaps bitcoin is going to be of much worth than having money. Keep in mind you cant purchase items in the market through bitcoin, there's gap for use in bitcoin and funds.

[bitgov]

I don't think paper money will go into extinction too. As what most of you have pointed out, it is, at this point, more disadvantageous if it is completely removed from circulation.  Bitcoins and the likes of cashless transactions are more convenient in so many ways but there is still beauty to an actual paper money especially for those who do not have the means to trade electronically.

That's why that could be only in long time future cause whole world should know how to work with internet and this type of currency.