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shesheboy
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September 25, 2018, 04:39:48 AM |
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I really hope "cashless society" will coming soon. Surely, at this time, bitcoin will be the king of currency
Cashless? Uhmm i think thats impossible . not all can afford to buy a crypto and not all times we can use s crypto . what if we became stranded on an island that no one recognize crypto ? what if there is no electricity or internet ? Do you think we can use a crypto ? No right ? On the time that credit cards and other payment methods have invented , many people say that cash will be extinct on the future but until cryptos came out , cash are still here. |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Ahimoth
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September 25, 2018, 04:44:46 AM |
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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"
The answer is YES, as we already know that the main purpose of bitcoin has been made is to become a currency without cash. We can imagine how easier using bitcoin or things that is not using cash to pay something. Just move your digital number into another wallet. Ofcourse yes, bitcoin is a good example of cashless society in just one click they are paid to thier purchase. But it only happen if any store accept Bitcoin as payment, once Bitcoin accept as payment surely all transactions will be more faster. Therefore Bitcoin can survive in cashless society and I think it is much convenient to used than using credit or debit cards. But I think if you have bitcoin its better to hold it than used it as payment because its value is unstable, so it mean there's time its value is lower and sometimes higher. |
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dexgotastra
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September 25, 2018, 04:45:37 AM |
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What is the fate of the creator of bitcoin? Does anyone know what the bitcoin collection is  if you know, please tell me in this forum. |
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qiman
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September 25, 2018, 04:49:23 AM |
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Bitcoin at the moment is considered a store of value by many people as well as money that can be transacted and used to purchase goods and services. As it has finite supply, it is here to stay for the interim. For how long it will be around only God knows and the Powers that be, but for now I see Bitcoin hanging around for a few decades at least, as long we have this technology and the Internet still in tact. If this technology dies, then Bitcoin dies with it.
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Tetutu
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September 25, 2018, 04:55:20 AM |
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I really hope "cashless society" will coming soon. Surely, at this time, bitcoin will be the king of currency
I do not agree that bitcoin will become the king of currencies because not everyone knows about bitcoin and not all understand how to get and use it but know whether it is bitcoin. It is possible that bitcoin is the world currency but does not have to delete cash. We recommend that you make a choice using cash or bitcoin. |
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Xenon05
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GPTCash Weekly Airdrop: https://discord.gg/RWPEsRa
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September 25, 2018, 04:56:57 AM |
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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"
yes of course,, bitcoin will survive, thats the aim of bitcoin a digital payment for all transaction. |
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doodle07
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September 25, 2018, 05:09:43 AM |
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Definitely YES, because its the nature of it and it is made with the vision and mission to make a cashless society. Hence we need to be aware of the negative sides like the hackers and scammers. It is a great commodity for our convenience and for ta better future ahead.
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Nanda Dewi277
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September 25, 2018, 05:23:17 AM |
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Definitely YES, because its the nature of it and it is made with the vision and mission to make a cashless society. Hence we need to be aware of the negative sides like the hackers and scammers. It is a great commodity for our convenience and for ta better future ahead.
I am sure that as time goes by, bitcoin technology will be even more powerful, easier to use and certainly more secure. we have felt the benefits of bitcoin are so great, even all people can benefit from bitcoin if they are able to manage properly. I am very happy if bitcoin will continue to grow and have value. |
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Al Muhaimin
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September 25, 2018, 06:34:59 AM |
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Digital currencies do not pass the basic requirements of how a currency should be
but the World will eventually have only one currency, the internet will also have one currency. I personally believe that the currency is bitcoin
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CelesChere
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September 25, 2018, 07:23:07 AM |
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That is the basis for Bitcoin to survive in the future. Will Bitcoin really grow as strong as people still speculate? However, Bitcoin prices are showing signs of decline.
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Faroxx
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September 25, 2018, 08:31:43 AM |
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Bitcoin is cash in digital form. They are anonymous, it is convenient to transfer them, to buy goods and services on them. Bitcoin won't just survive in a cashless society, it will be king there.
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nightfury
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September 25, 2018, 08:33:11 AM |
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If we are to talk about era of cashless society, it is obvious that we're also talking about cryptocurrencies, therefore, bitcoin is the main crypto in that era. If it became into reality (cashless society), there's no reason that bitcoin won't survive because we already know the significance of bitcoin in a cashless society.
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Phoenixhall
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September 29, 2018, 01:15:03 PM |
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China is really ahead of other countries, especially about AI. China is the first country in the world to use paper money, and some observers believe China will also implement a 100% trading system without cash. A non-cash society ... From anywhere in the world, anyone with bitcoin access can trade in cash without a debit / credit card.
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Itcher
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September 30, 2018, 01:55:34 PM |
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Bitcoin will make the society completely non-cash, now most people use Bank cards, but will soon use a mobile phone and QR code
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aanaa90
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October 01, 2018, 09:06:49 AM |
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Yeah very true in these digital or cashless world bitcoin will not only survive infact it will grow with very fast pace .
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gowobonyok
Jr. Member
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October 02, 2018, 03:07:09 PM |
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everyone certainly doesn't expect that. I know that transactions using bitcoin are more effective, but cash is also important to keep the traditional market economy going. if it allows bitcoin to also be used as payment in traditional markets, I think that will come true.
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sino22
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October 02, 2018, 03:31:33 PM |
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of course bitcoin will continue to exist and survive, as we know bitcoin as a payment tool and many companies have accepted bitcoin
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rahakottwallet
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October 02, 2018, 04:17:01 PM |
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It will survive, however its value may be a bit lower than it is now. As more countries will be "cashless".
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drm
Legendary
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October 02, 2018, 04:22:58 PM |
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It would definitely survive in a cashless society, it will most likely be the only real decentralized option.
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Patpro
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October 02, 2018, 04:41:46 PM |
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Bitcoin is a digital currency and cashless society will only create a favourable grounds for Btc to flourish. Maybe people will get more reasons to get into crypto in a cashless society
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