Does this mean Cash will be extinct?

[Laodungchun]

I think cash will be extinct. Despite the pervasiveness and convenience of cash, purveyors of new payment technologies say their systems eventually will make cash not just obsolete, but extinct.

[Taki]

I truly believe that it's our future. Sweden may be the first, but not the last for sure. We already moved from wallets full of cash to credit cards and cashless society is going to be the next step.

[bhabygrim]

Maybe in the future it would be but right now I don't that it would be extinct ,
But I have watch a video on facebook that there is already some country that are cashless ,
They are using their smart phones to pay for their daily transaction or daily needs .

[imking]

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

Maybe the cash will be extinct because of the help of the modern technology nowadays it is possible to happen. On the article said that country China using the quick cash mode with the support of the mobile phones It can also adopt the by others country every person in this generation have a mobile phone, and all the precious person or even average have a credit and debit card. The next will be the cashless transaction is the bitcoin.

[YoungMaster]

it is impossible if the citizen in some not using cash because it still lacks of technology adoptions, especially in usage of digital currency.
And also most of people tend using cash than something in digital for payment in physically such as buying foods and drink.

[vionas]

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

The possibility is true, sooner or later the digital money will become the main money and and the paper money will gradually be abandoned.

[chibimanau]

I dont think cash will be extinct because part of the daily basis and i think cash more important. There's a possibility that that there will be an another mode of payment however, cash will never perish.

[ferrybitcoin.1996]

I dont think cash will be extinct because part of the daily basis and i think cash more important. There's a possibility that that there will be an another mode of payment however, cash will never perish.

Now, if Cash are gone. Are people will invest in Bitcoin? Volatility that make people want to invest, agree or not.
But the fact says so, people Pump when the price lower and Dump when the price higher.

Crypto in future will replace Credit Card or Debt Card function, but it still doesn't have much power to distrach Fiat/Cash

[Indra32]

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

I think the cash will not go extinct even if the virtual money continues to grow forward and more rampant in use at the moment ... impossible really extinct cash

[safarabela]

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

Perhaps the paper money will go extinct, the changing times and technological advances that make crypto money more potentially than paper money. Paper money will be extinct and replaced with crypto money. I think crypto money is the money of the future.

[GamingBro]

It's very dengerous to change cash on digital money because if something bad will happen to their system money would lose their trust and price...

[mackhoy]

Money will still retain its value even crypto is taking over the market. However, it is very predictable that money will no longer visible in money transaction nowadays. Bitcoin is the other form of transaction that rising in this generation that do not require the visibility of physical money.
However, there are still advantages and disadvantages that you have to consider in making money transaction which you can compare versus cryptocurrency. One of the advantages is the free tax and all other charges compare that will top up on your money transaction compare to bitcoin transaction. With all the changes, we have to admit that technology is really taking a big part in changing the future when it comes to currency.

[coiner27]

I hope not.. No matter how new technology is, we can't remove cash suddenly at the year 2023. It's five years from now, I don't think they can make it.

[Mr.John19]

I hope not.. No matter how new technology is, we can't remove cash suddenly at the year 2023. It's five years from now, I don't think they can make it.

I don’t think cash will be extinct. It will depend on the leader or governments of that country. Not all the person knows about the new methods of cashless musty the indigent person they can’t adopt or accept this new kind of the system. What if the internet connection got a problem? How can use it? However, being cashless also have good benefits at all I think we can reduce that corruption because of the transaction is can be seen by all the people.

[jassanpary]

I hope not.. No matter how new technology is, we can't remove cash suddenly at the year 2023. It's five years from now, I don't think they can make it.

Bitcoin growing day by day and attracting many people toward bitcoin that doesn't mean that it can make cash to extinct, nobody can't do anything to cash it will be there in the future. People are already getting used to fiat money and their main source for a transaction is cash, so it will not extinct.

[ganlianshifu1]

Move payments, credit CARDS, debit CARDS, and digital cryptographic currency to speed up the elimination of cash!

The distribution of cash causes damage to the environment, and the management cost of cash is very high!

Mobile payment and digital encryption can replace cash!

[Gheka]

I hope not.. No matter how new technology is, we can't remove cash suddenly at the year 2023. It's five years from now, I don't think they can make it.

I don’t think cash will be extinct. It will depend on the leader or governments of that country. Not all the person knows about the new methods of cashless musty the indigent person they can’t adopt or accept this new kind of the system. What if the internet connection got a problem? How can use it? However, being cashless also have good benefits at all I think we can reduce that corruption because of the transaction is can be seen by all the people.

Yeah, cash still has an important role in society, it has existed for a very long time, it is always faced with a lot of different challenges and finally, it still surpasses all the challenges, although it has innovated in form but nothing can make it disappear. In short, it went deep into the lives of everyone, wanting to eliminate it is not easy, even impossible, and I believe that in the future, it will continue to exist, technology may be new and varied but people still like the simple and appropriate, convenient to their daily life

[dodziu]

Even if this is going to work out at at all, the cash extinct can only worked out in the Developed countries that other than the advent of Cryptocurrency, they all had been having various forms of transaction especially capitally intensive ones on line. So, total wipe out of fiat could mean little or nothing to them. But coming down to less or undeveloped countries, cash extinct can never for longer years worked out at all, because many are still illiterates or ignorant of these Cryptocurrecies.

[Nyeyzel]

I don’t think it will happen, removing paper currency in a country will cause more harm to some country's economy. fiat money serves as a good and more efficient way of trading in actual world. Many will be challenged with the problem of not having internet connection in their area and more will be faced with the problem of illiteracy. The government can’t afford losing fiat currency because of crime related to money, through digital currency it is easy to steal from or hack earned money if we have no paper money.

[FoBoT]

If Sweden can be able to do this, I believe it is not all other countries as you have put it that can follow suit, because many countries are still fall short of technologically and electronically know how. So, its damn not going to be an easy journey for them at all and even, most of them still believe though ignorantly in Fiat currencies for real other than any Cryptocurrency.