Bitcoin will survive in "cashless society" ??

[Yamifoud]

Bitcoin is the phenomenon of modern cashless society. It is even more advanced and has even more features than conventional Bank cards. Therefore, in the future I will use it.

We appreciate its usefulness if we fully engaged into these. Basically, we just satisfied of profit we have now from bitcoin because we consider these as an investment. But it is not the only purpose of its creation, instead it is just another form of currency just like of fiat money. Of course, it will survive if the government and the community support for these.

[1714739030]

1714739030

[1714739030]

1714739030

[Boybugwal760820]

Bitcoin has always been a digital currency and using bitcoin is the new innovation nowadays in our financial system so therefore I am very sure that bitcoin will really survive in a "cashless society" because that is really the main purpose of bitcoin wherein you can be able to deposit or pay without having any physical form of monetary currency in your actual hands.

[Rustamm]

Although non-cash money is entering our life more and more, cash will still continue to go along with all other types of financial settlements. In life there will always be a place of cash national money that mankind has not yet invented. Cryptocurrency or other forms of cash settlement will run in parallel with each other.

[Google+]

when bitcoin can already be used for some use, bitcoin can survive and bitcoin can reduce the use of cash so that all transactions can make payments without using cash and can only use a smartphone can buy anything you want.

[Jasad]

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 yes, but this will take a long time more than a decade, even if every country has done technology as a means of transaction. and for bitcoin, bitcoin is only the second option and not the main part.

[Agilth@mail.ru]

Moreover, it won't only survive, it will lead it

[lyks15]

It depends on what country or what the status of your country that you belong in terms of casless society method. Imagine that you are in a not so rich or not so progressive country,how can you survive in a cashless method when your surrounded by not modern store who are not using modern technology to use cards or crypocurrency as payment. But when you are in modern and rich country all of this is possible because they can afford to innovate their technology for cashless society but I hope all of country will grow in help of cryptocurrency to make a cashless society possible in the whole world.

[Sultanar484]

Chaina isn't fully cashless country. After 5 years from, we will found many cashless country, they use Debit and Credit cards. Bitcoin will survive along with Cards. The world is becoming engaging in digital currencies.

[Rooster101]

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.

I agree. Virtual currency like bitcoin can be one of the best coins for use in cashless society. Cryptocurrency have more chance to survive and can coexist with other virtual currencies. But I think fiat will not going to be replace by any cryotocurrency but it might be converted into digital currency by the central bank. There will be a lot of virtual currencies competing for cashless transactions but bitcoin will surely survive the competition.

[begau]

The pace of Bitcoin development in recent years is very fast. Along with that, its influence on the economy and trading activities of the countries is very big. So today the countries use it to pay.The purchase became popular and it would exist and would be accepted as the cash that the world was using.Replacing all the cash i thought could not happen.

[Afnan_faizah]

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 want to add more facts about this case. First, using bitcoin is better that using debit or credit card because there are no third parties whos we have to pay them for their service, the second one is bitcoin can increase our saving because we only need to pay transactions fees when we use bitcoin for our transactions as the anonimity that bitcoin have provided to us, it's mean we can avoid the taxation(actually I don't thing that avoid to paying tax is a good thing), the last one is by using bitcoin we can reduce admin cost which mean that our purchasing power will increase slghtly. I am sure that bitcoin is still better than other digital payment metode. Bitcoin will survive in cashless society.

[cathalary153]

Unless they can beat fiat currency , they never can survive in " cashless society". Most of us use them as a storing method than a currency , so fiat still play an important part in our life

[Shutup]

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 l believe that bitcoin will survive in cashless society,bitcoin will rise in the future to be the currency of the whole world.l believe bitcoin can to something in this world to make the world survive for all this crisis.

[Valer4ik]

To pay with bitcoin qt product / service deployed on bakkt from the average user will not be possible. You'll have to start your account in bakkt, replenish it, and then make purchases. The more goods and services will be on the platform, the more real Bitcoins will be stored on it at the same time ...

If they gather a lot of active users, they will be able to control Bitcoin through hard forks. Type as Vitalka in 2016, bitcoins stolen? - and let's hardfork and will return everything! Miners do not support? And let's change the algorithm for pos in general! Are bitcoin crust developers saying something? Yes, we also have our own ... And most will have to support, in real blockchain, they have already transferred their cue balls to bakkt account for a long time ..

In general, Bakkt is a Trojan horse in a cryptocurrency fortress

[giantrobot]

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"

This will happen in other countries, and the non-cash society is being used in China. I think the next one will be Korea and Japan. In order to do this, countries must have modern infrastructure and high intellectual standards.

[mahibul49]

why not???bitcoin will survive and bitcoin is the main way to reach in cash less society.
you can see we are already cashless bcz we use visa ,mastercard and many e wallet service and they are cashless.bitcoin is the safe way to go in cashless society.

[andrei56]

It seems to me that using bitcoin is even more convenient than credit and debit cards and all that. Therefore, it was created as a logical continuation of Bank cards.

We cannot deceive ourselves it is obvious that using credit cards is more convenient than using bitcoin, to begin with there is almost no business that accept bitcoin as a form of payment and even if the waiting times are decent right now we know that when the network is busy it can take you hours to get a confirmation, bitcoin still has a long way to go to be that good.

[kissme09]

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"

Unlikely because there are too many Altcoins in Cryptocurrency, we need to unify Altcoin used to pay this will limit the distribution. But FIAT is more direct and more comfortable in transactions if there is no Internet. Without internet, all Altcoin will be completely useless.

[peacefulpeace]

well crypto currencies are already big players in the cashless society, there wouldn't be a cashless society without cryptocurrencies. So definitely bitcoin will not just survive but be a major player in the crypto space.

[iSparta]

The world is increasingly globalizing, therefore, interstate borders are being erased. Under these conditions, the use of national currencies, even in electronic form, is not entirely logical. Bitcoin fits into the processes of globalization, so its use will only grow.