Does this mean Cash will be extinct?

[kangbasir]

to eliminate the banknotes in my opinion is not as easy as what we think and certainly a lot of the seventh and no longer certainly a lot of negative seems unlikely.

[avirdoz]

This day will come, but I think way later than 2023. Yet humanity has used fiat money for too long to give them up so easily and quickly.

[kive2k]

I fully support Sweden in this direction, every developed state should strive and go in this direction. The disappearance of fiat money is only a matter of time.

[Evgenius1283]

I don't think cash will ever disappear...Fiat not to replace people for centuries accustomed to Fiat money and switch all over to the crypt...not in this decade for sure.

[IcoKeeper]

I think cash will remain in one form or another. Maybe not in all countries but nevertheless. Not everyone can afford cards and smartphones with chips.

[TheAncient]

I believe yes. Because as we can see virtual money is even greater when it comes of making transactions and safe compare with cash.

[Samtob4]

using of cash can't go into extinct many country still don't accept bitcoin due to so many disadvantage and some country that accept can give up on cash.... i don't think cash can go into extinct

[Marlyn1]

The big problem in it - is on the places that not even educated and don't really knows how to access bitcoin, or don't have internet connection

That s true, there are just so many countries right now that does not know what digital currency is and they don't even have access to the internet. Cash will be here until all the people in the world would agree that we will use digital currency and i think it would take a lot of time to do so.

[fredo123]

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 it has a huge impact on other countries if they proved a massive change with regards to its uses and convenience to the human race, Then the show must go on and I think neighboring countries will also follow the footsteps of Sweden,

[dwieyani]

maybe cash will decrease, because now there are many people who use digital currency that is very practical to use anywhere and just use the card cart or the other. and do not forget the paper money is also important and I think more countries will not follow if that happens.

[tylerderden]

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 it has a huge impact on other countries if they proved a massive change with regards to its uses and convenience to the human race, Then the show must go on and I think neighboring countries will also follow the footsteps of Sweden,

No cash cannot become extinct at any cost.Cash is used by all people of the world.Cash is used all over the world and is internationally accepted.Cash will be hard to replace because cash has established itself from the traditional time period.Cryptocurrencies are also not stable and are also decentralised.They are are not backed by any central banks.The central banks do everything to maintain the integrity and power of the cash.It will be very difficult to remove cash from the society.

[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

[Blackmet]

People want to make future closer and exitnct cash for it? Who will win after? At my opinion nothing gonna change but governments will waste their time and money.

[Nitnit13]

It would be very difficult to eliminate the cash money because payments everywhere still require cash. But I do not know if in the future the cash is still in use or not because maybe people will change the way of transactions because in the future people prefer the instant I guess.

[Seeker#9]

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

Advanced countries might try to go cashless but it will take more years before they can fully implement it. There must be a hundred percent availability for the technology that will be use for implementing cashless transaction in the whole country to make it succeed. But cash might still be existing in the majority part of the world because people will not easily accept this kind of cashless transaction.

[15putriutami]

Many say like that but it will be very difficult to make extinct cash money. Maybe it will happen in the future so in my opinion it will take a long time to remove bitcoin.

[Trivelius]

It is right that cash getting influence rather in the market but it is difficult that due to cryptocurrency fiat will eliminate completely because mostly world population is not more educated to utilize bitcoin. Knowledge of computer and internet to utilize bitcoin is necessary and most important.

Yes it is difficult to say that fiat will eliminate totally but at least it will effect the fiat market, people will then give more preference to crypto currencies, which they will consider as more easy to use for their affair, therefore they will reduce the use of fiat currency. But still it will continue to exist for a long long time and not going to eliminate completely.

[stromae]

It is right that cash getting influence rather in the market but it is difficult that due to cryptocurrency fiat will eliminate completely because mostly world population is not more educated to utilize bitcoin. Knowledge of computer and internet to utilize bitcoin is necessary and most important.

Yes it is difficult to say that fiat will eliminate totally but at least it will effect the fiat market, people will then give more preference to crypto currencies, which they will consider as more easy to use for their affair, therefore they will reduce the use of fiat currency. But still it will continue to exist for a long long time and not going to eliminate completely.

Cash won't become extincy and it will maintain its position. What will happen is that coins will rake role and they will increse the importance of digital assets. Nobody could remove cash from the earth so far.

[Mikado$]

In my opinion, cash is still valuable to use and plays a very important role in the economy and society of a country. Of course, basically everything can happen, because cash is really under great pressure coming from the utility and efficiency of cryptocurrency. It is hard to imagine that cryptocurrency is not capable of recovering transactional processes or sending false information by their own technological characteristics. That is what I believe that cash will still exist around us in the future.

[anehh]

Bitcoin and cash are two different currencies in my opinion, each has its own advantages and disadvantages although on the one hand there is a similarity between the two. I believe that everyone who uses both currencies is certainly for different purposes, I think both currencies are very influential on the economic growth of a country. bitcoin will not be able to reach every economy class while cash can reach it, so I conclude that cash will never go extinct in the presence of bitcoin.