Does this mean Cash will be extinct?

[entempo]

nice idea, but not in our lives... 

[stevenpn]

Cash will never die out as long as people use it.  Bitcoin is still weak, it should grow to 40 thousand at least. But it won't be soon...

[akminer]

I think fiat will be around for a long time. It takes decades at lead to face it out. And old people are still used to it.

[harsak06]

Chances of cash going extinct soon are very low. There are still under developed countries where technology hasn't been advanced yet and has no idea how the internet and modern networking works

[Addywealth]

The entire world is gradually going digital in all aspect. i can see physical cash going to extinct with  the rapid growth in cryptocurrencies and enlightenment that is on going. also the considering the fact you can now do transaction online using bitcoin without rigorous act one go through in the bank

[tamarindbleu]

Personally I will not accept that things happen because it only worsen the economic state of a country. Indeed later we will face the digital era but that does not mean if the cash will be totally extinct. The use of cash in daily activities is very useful also for real world interaction as well.

I dont think that it is possible that cash will be extinct now, but maybe in the future it has chance that this world will be used digital currency, but for sure it will take for more than 50 years befoe cash will be extinct or the cash will only extinct if all people in this world will used digital currency.

[campbell.box]

The use of cash has been around for thousands of years!

The financial order of many countries is supported by cash!

Digital cryptographic currency cannot replace cash in the short term, but in the long run, digital cryptocurrency is a substitute for cash.

[Birin016]

I dont think that cash is we will be extinct in this world, even now or even in the future, we all know that there are many cryptocurrencies that is blooming and definitely bitcoin is the best but eventhough there are many cryptocurrencies it will not extinct cash because cash is all people needs.

[kauban2018]

For my opinion, cash won't be extinct for some reasons such as not all people have debit or credit cards lots of people used cash in transascting important matters. Also,  there is a study conducted by the Federal Reserve Bank of San Francisco in 2016 showed that paper currency and coins are still the most common form of payment. I know some people commonly used credit and debit cards because these are faster and more convenient but thwy also come wiht fees during transaction and fees depends on the value they transacted.  These fees are easily quantifiable, but retailers should consider the hidden cost of card-only purchases. At this days, I know people embraces electronics  inventions that have capabilities to transact but we must take not for others especially to other countries who haven't tried those inventions even a single of time. Also, I know these days called as Modern days but we must always consider the Old people days that must look after. So, for me cash will not be extinct.

[anakkampung17]

Maybe it will happen in 2030. Technology now makes payments have started switching using ATMs, credit cards, and using other token that is recognized in a country respectively - each. And maybe Bitcoin one of them as a means of payment that already exist in some countries that recognize it. From the above explanation proves paper money will be extinct. Hoping the technology spread evenly around the world in order to feel easy to transact wherever and whenever.

[youdacapt]

Maybe it will happen in 2030. Technology now makes payments have started switching using ATMs, credit cards, and using other token that is recognized in a country respectively - each. And maybe Bitcoin one of them as a means of payment that already exist in some countries that recognize it. From the above explanation proves paper money will be extinct. Hoping the technology spread evenly around the world in order to feel easy to transact wherever and whenever.

In this case, Sweden is more prepared than any other country still dependent on cash. About efficiency and budget reduction, they will be very effective, the applied technology is capable of spreading for fiat and crypto currencies. I also have a strong view about the use of bitcoin in the future, but it is necessary to increase the legality to anticipate the chaos that will occur.

[Rakesh_alejandro]

After I buy Blocknet shares with let's imagine, Turn invisible, will the primary revenue be originating from Turn invisible?  If so, is it best to buy shares with multiple coins?

I think how they do transactions in the physical market to buy or sell goods just to live? this idea does not make sense. paper money is also important and I think more countries will not follow if that happens.
to face all fiat money in one country is not necessary, what about anyone or anyone who can not afford gadgets and provide internet connection, how they live.

[Pemburu dollar]

A cashless society - in the sense os Swedish one - is the dream of any dictator, as it means absolute control over population.
It's the exact opposite of a decentralized coin as bitcoin.

I think I can also apply payment by scanning QR code over phone. And in almost a few years, we really do not need the cash because we have digital money
Maybe this will happen when other countries do the same. Other payment methods will be applied such as credit cards, ATMs, debit cards and pay by phone. Telephone payment methods are used by mobile manufacturers such as Samsung, Apple, etc. It is a new, fast and anti-theft form.

[basyang]

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 do not think that my country will allow to have a cashless society because our government official it will consider the people who can't afford to have a smart phone. And physical money is one of important thing in buying and selling in the market and its not simply will vanish.

[xxxRaidysxxx]

In some developed countries it is possible to replace cash with virtual currency. But in developing countries at some people very difficult life therefore there are problems with access to enciphering. Therefore, in my opinion, cash won't disappear.

[Lakash]

cash will still remain. cash already existed before Christ, went through everything. From wars to calamities, it still remained and will not be extincted.

[Eijrafarm]

I think FIAT will remain. If we think about it we used cash to purchase in digital currency both of this two are currently working together. It is not necessary to remove one of it.

[thundercrystal]

Personally I will not accept that things happen because it only worsen the economic state of a country. Indeed later we will face the digital era but that does not mean if the cash will be totally extinct. The use of cash in daily activities is very useful also for real world interaction as well.

Well i can not totally say that the cash will be extinct in this world, but i believe that it has a chance that it will happen in the future, because right now there are just only few people who knows and who support digital currency but maybe in the future, people will realize the real value of digital currency.

[FiveReelsTwo]

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

This is hard to happen in our country since few of us are acquinted with cryptos . Most of us are equipped with traditional mode of payment, One factor might be, people are lack of knowledge, lack of materials (gadgets) , and there are places in our area are rarely reach by electricity due to its location and security aspects.

[airdrophunter]

Well, basically, if all countries will follow what Sweded is doing, then that answer will lead to a big YES. But i don't think every nation has the same idea like Sweden has. Even in the advent of cryptocurrencies is not a guarantee that cash will be extinct, soon.