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Author Topic: Bitcoin will survive in "cashless society" ??  (Read 2965 times)
Masongrae
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September 05, 2018, 02:05:05 AM
 #141

Yes it will. Its the very reason why bitcoin is a digital currency. It will not only survive it will exist and helpful to the community because of its value.

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September 05, 2018, 02:58:27 AM
 #142

Yes it will. Its the very reason why bitcoin is a digital currency. It will not only survive it will exist and helpful to the community because of its value.

Exactly. As a digital currency, it's an obvious outcome that society will go cashless. No need for cards or cash. Sound so convenient, right?
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September 05, 2018, 03:21:40 AM
 #143

It is said now China is a "cashless society". Use of debit cards and credit cards on online & offline stores/shops, pay bills etc..

USA and UK/England are into use of credit cards and debit cards in a big way for online & offline stores/shops, pay bills etc..

Will Bitcoin survive in "cashless society" where money becomes digital/numbers ??

Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries"


I think you are questioning it the wrong way. It should be "Will credit/debit cards survive in the cashless world with bitcoin's prescence?" Because we all know that we just need an online wallet and a smartphone to transact and we always have our phones more than our ATM cards.
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September 05, 2018, 03:42:24 AM
 #144

This is very likely, but it also depends on the attitude of countries to cryptocurrencies. In early May of this year, Bank of Korea (BOK) announced plans to use cryptocurrency and blockchain technology to create a cashless society. Bithumb, Korea's largest crypto exchange, is pushing for digital currency in the country. But there are also countries that ban cryptocurrency transactions, such as India.
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September 05, 2018, 04:10:58 AM
 #145

Yes it will. Its the very reason why bitcoin is a digital currency. It will not only survive it will exist and helpful to the community because of its value.
of course bitcoin will survive in that phase it will even become popular, you know bitcoin continues to grow and develop due to the advancement of the era when people start to know bitcoin because of its great innovation, progressing and cashless happens of course bitcoin will be used by many people
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September 05, 2018, 11:22:43 AM
 #146

in my opinion,yes bitcoin will sirvive cashless society, by using the advantages and disadvantages of bitcoin to connect to the idea of a cashless society in modern times. Each disadvantage is given a solution which would allow for bitcoin to advance society towards a cashless future.
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September 05, 2018, 04:37:53 PM
Last edit: September 06, 2018, 07:34:25 AM by PalindromemordnilaP
 #147

Cashless society means the use of cryptocurrencies or digital money instead of using fiat currency.  There are actually pros and cons about cryptocurrencies in the cashless society scheme and there will be difficulties during the transition period between those who loves to use fiat currency who, somehow, are force to use cryptocurrency as the medium of buying goods.

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September 05, 2018, 04:54:18 PM
 #148

Of course bitcoin will survive the cashless society. Bitcoin is a cryptocurrency, and cryptocurrency is a digital money. Therefore there is a huge possibility that a cryptocurrency like bitcoin will survive a cashless society for a long time. You do not think it will?
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September 05, 2018, 05:13:06 PM
 #149

Yes bitcoin can survive as cashless coz cryptocurrency is a digital money so bitcoin will definately survive as cashless society.
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September 16, 2018, 01:23:45 PM
 #150

Yes it will. Its the very reason why bitcoin is a digital currency. It will not only survive it will exist and helpful to the community because of its value.

Mastercard slogan: There are somethings money cannot buy, for everything else there is mastercard.
maxilopez
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September 16, 2018, 01:29:45 PM
 #151

I think that this is a rhetorical question. of course it will survive because since its birth bitcoin is considered a digital asset

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September 16, 2018, 01:30:59 PM
 #152

It is said now China is a "cashless society". Use of debit cards and credit cards on online & offline stores/shops, pay bills etc..

USA and UK/England are into use of credit cards and debit cards in a big way for online & offline stores/shops, pay bills etc..

Will Bitcoin survive in "cashless society" where money becomes digital/numbers ??

Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries"

until that day will happen, but it will take a long time maybe a few decades. and the facts up to now we still need fiat money for everything in real transactions.

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bitterdog
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September 16, 2018, 02:17:32 PM
 #153

It is said now China is a "cashless society". Use of debit cards and credit cards on online & offline stores/shops, pay bills etc..

USA and UK/England are into use of credit cards and debit cards in a big way for online & offline stores/shops, pay bills etc..

Will Bitcoin survive in "cashless society" where money becomes digital/numbers ??

Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries"
I think bitcoin will be survive in this cashless society, this is because bitcoin also a part of that cashless thing so, i think it will be better for them to combining themselves in that cashless community.


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teklang01
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September 16, 2018, 02:19:04 PM
 #154

As we advance in technology and we are also shifting in a cashless society, bitcoin has a big potential to become the currency of the world. Bitcoin is the most influential and most useful digital cash now.
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September 16, 2018, 02:19:27 PM
 #155

cashless society will be popular in the future, right now there are ony big country that use digital currencies and use their digital wallet to pay something, but in the future we will see all payment will be in digital currency and one of them is bitcoin or other cryptocurrencies

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September 16, 2018, 02:24:20 PM
 #156

It is said now China is a "cashless society". Use of debit cards and credit cards on online & offline stores/shops, pay bills etc..

USA and UK/England are into use of credit cards and debit cards in a big way for online & offline stores/shops, pay bills etc..

Will Bitcoin survive in "cashless society" where money becomes digital/numbers ??

Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries"
I have a different point of view in this case, in my opinion bitcoin and cash are still running together, it's just that it doesn't look like before, so it happened in China.
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September 16, 2018, 02:24:53 PM
 #157

yes, for sure, it is precisely this kind of situation that supports the existence of btc, I'm sure btc won't lose from altcoin or all digital products from banks, it's just a lot of obstacles, we have to wait patiently but I'm sure btc can play an important role in the era this is new, and we must be prepared for all the changes
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September 16, 2018, 02:34:20 PM
 #158

What I know is that bitcoin is a digital money that is very popular nowadays and bitcoin also has many advantages compared to other coins, I hope that in the future bitcoin will become a payment tool in stores and online stores.
rjsmith
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September 16, 2018, 03:48:24 PM
 #159

Of course it will, crypto currency is actually one of the types of non-cash money.i believe that bitcoin will survive cashless society will be popular in the future very soon.
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September 16, 2018, 03:56:45 PM
 #160

It is said now China is a "cashless society". Use of debit cards and credit cards on online & offline stores/shops, pay bills etc..

USA and UK/England are into use of credit cards and debit cards in a big way for online & offline stores/shops, pay bills etc..

Will Bitcoin survive in "cashless society" where money becomes digital/numbers ??

Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries"

Not just bitcoin alone surviving the cashless society, we have the prospective altcoins too. Just like a tweet from McAfee, that we should
Hodl our cryptocurrencies; government will beg to have us sell our tokens in converting to fiats.
Honestly, I don't understand what you mean.
Do you mean, with the existence of debit cards, we don't need bitcoin? If yes, you are wrong. Bitcoin is completely different. Debit cards are working centralized.
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