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Author Topic: Bitcoin will survive in "cashless society" ??  (Read 2965 times)
Pattart
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October 05, 2018, 05:04:19 AM
 #241

As more and more countries become "cashless society", Bitcoin will fail in next 5 years.
How you can say if more countries become cashless society bitcoin will fail in the next 5 years? would you please describe? I think bitcoin will take attention more people. Because of transfer fees, Can hide identification, As much customer want they make a transition (no limit). Maybe I can be wrong please explain me with your thoughts.
You right, of course bitcoin will survive in cashless society, because that is the environment of bitcoin that should be, when cashless society happens, of course online currency or virtual currency will be more and more popular, bitcoin as a virtual currency pioneer will certainly be in great demand at that time?
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October 05, 2018, 05:45:01 AM
 #242

Bitcoin will not only survive the era of cashless society but might become one of the leading currency in that time. The number one cryptocurrency is created for online payment purposes with decentralized feature to help people in their currency transactions without using a third party. During the time of cashless society, people will have a choice of choosing a centralized virtual fiat and decentralized cryptocurrency where middlemen is no longer needed.
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October 20, 2018, 03:23:12 PM
 #243

If bitcoin is supported by almost everybody including banks,convenience store,merchants,malls and etc..then it will survive in cashless society.Online transactions makes our daily jobs much more easier and quicke[Suspicious link removed]agine using only our smartphones to pay bills,purchase items and more with your digital money in your wallet including bitcoin and your regular currency.
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October 20, 2018, 05:11:28 PM
 #244

bitcoin in the future will use it and many trading platforms will receive payments using bitcoin so that it will lead to a reduction in banknotes or fiat currency, but there will still be those that use fiat currencies and digital currencies like bitcoin this might just be one of the solutions for the safest, most convenient and fastest payment.

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October 20, 2018, 05:27:53 PM
 #245

I think that BTC has good chances to be a pillar of cashless society and surely it will survive in such conditions, it came to replace fiat money.

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October 20, 2018, 05:33:24 PM
 #246

Most likely, Bitcoin will be one of those cryptocurrencies who will lead the cashless settlement, when bank cards will go to the background.

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October 20, 2018, 06:25:37 PM
 #247

Bitcoin will surely survive in this world of cashless society , even the bank technology of making payment online via credit or debit card is a form digital payment system , today the bank have it token which is visible and tangible for online transaction like wise bitcoin their their are authentication develop on the blockchain to make use of token for financial transaction . this era many banks are exploring the technology behind bitcoin , in my own opinion Bitcoin is tailor to a world of cashless society

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October 20, 2018, 07:35:18 PM
 #248

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"

Maybe cashless society is possible in China or US but not in the Philippines yet. But even though thats the case, there are people and stores who are already accepting bitcoin as a payment. Since bitcoin and other crypto are digital , I am 100% sure that it will survive in a cashless society. Maybe in the future our credit cards will contain bitcoin instead of dollar or what.

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October 20, 2018, 07:43:25 PM
 #249

Non-cash payments is great!This is the first step on the way of cryptocurrency promotion.That's how it all started.And it needs to be supported further.Soon everything will come to the point that cash will simply not be needed.Well, maybe not so soon as we would like)But the time goes very quickly.And the era without cash will be in our century.

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October 20, 2018, 08:08:58 PM
 #250

Bitcoin will continue to survive under any conditions, especially in "Cashless Society" it could even be that Bitcoin and other cryptocurrencies will be used by the public in the future, because I see the development of cryptocurrencies getting faster and more consistent.
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October 20, 2018, 08:33:11 PM
 #251

I think that btc has a great potential and it will survive. I am not sure for how long but hope that this will happen with btc. I like its benefits and consider it the best choice ever taking into account the blockchain system it is based on

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October 21, 2018, 02:19:51 PM
 #252

Bitcoin will survive in cashless society, may be not replace fiat money entirely but coexist.

They have different properties and basic concept, such as anonymity and decentralization, that are the greatest advantages over fiat currency.

The society will be not cashless. Bitcoin will sure survive but it will be used with the traditional money. People need fiat and usual banks as well. The cryptocurrencies will become more popular a bit later.
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October 21, 2018, 02:21:26 PM
 #253

I think with blockchain and crypto payments is what we gravitate towards, cashless societies, where Bitcoin and Altcoins as such will take up the payment methods in the future.
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October 23, 2018, 10:16:54 PM
 #254

The fact that Bitcoin has been around for ten years means that it has necessary potential and demand among the society. The increasing virtualization of society associated with development of computing technology will inevitably lead to the increasing spread of Bitcoin. Some time ago, payment cards seemed fantastic, but now they are an everyday occurrence. The same thing will be with bitcoin.
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October 23, 2018, 10:22:10 PM
 #255

when the government has supported it without blocking crypto again, bitcoin will be very useful in everyday life, so many merchants that accept bitcoin payments are proof that bitcoin is there and useful

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October 23, 2018, 10:22:38 PM
 #256

Bitcoin is a beginning to make a cashless society. When the market keeps growing automatically it'll reach common people with ease. Some might feel difficult to adopt and use it in the beginning, but will soon find it to be easier as handling fiat. As governments operating over different countries too have started showing interest upon cryptocurrency surviving cashless society is possible.

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October 23, 2018, 10:39:24 PM
Last edit: October 24, 2018, 04:55:06 AM by jtrapirap
 #257

Of course Bitcoin can definitely survive on cashless society. We are already in digital era and most sector of industries in our economy has already been enhanced with new stuff and fresh technologies and so this is our definitely our time to see how our monetary and e-payment system can be revolutionize by cryptocurrency itself. This is like e-mail replacing traditional mailing system.

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October 28, 2018, 12:42:14 AM
 #258

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 am believe bitcoin is pioneer in digital money and cashless society. But looking on many digital money right now, i think bitcoin will become digital asset because its more profitable

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October 28, 2018, 12:47:35 AM
 #259

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"
Bitcoin is an alternative, but not a replacement. These two currencies are dependent. First of all, bitcoin is from Fiat. The Fiat currency, in turn, can safely exist without bitcoin, but alas, it becomes digital very quickly. Digitization is inevitable!

 
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October 28, 2018, 12:55:55 AM
 #260

Although there has been several attempts put forward to bring convenience in financing. Digital currencies are gradually becoming the order of the day. However, cryptocurrencies appears to be the most valuable digital currencies with tremendous benefits to its users. As the world become more familiar with this concept and adopts it, Bitcoin will rule because it is the number one in crypto.

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