Bitcoin will survive in "cashless society" ??

[First77]

Many people think that debit and credit cards are the future. The only problem with them is that we have only 2 payment processors which are centralised and can be easily overloaded. Bitcoin is way different than them since it is decentralised and provides even faster and independent transactions (lightning network). Give people some time to learn about Bitcoin and how to use it.

Bitcoin if legalized, will help cashless society.

[Dudeperfect]

Yes, Because Bitcoin is not popular for the digital nature of it but it has the USP of decentralization which is not there in the case of blockchain fiat currencies (still in the concept form) so I don't think that a cashless society would affect Bitcoin in a negative sense but in fact, it will boost the Bitcoin user base by building the cashless environment for the users and it will be easier for them to shift their payment system to cryptocurrencies.

[ajoygb]

Yes because that is the nature of bitcoin as long as you have internet you just click it and transactions will go no need to carry cash so it safely to travel.

[javadsalehi]

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.

[Pourmeacup]

it doesn't have any relation with bitcoin success!
cashless or not doesn't not affect bitcoin directly.
Bitcoin is seen as an investment instead of a currency.

[Josiah Dave Leonor]

If the time comes when there is no cash , just an online money, bitcoin will survive but in a society where there online is not yet implemented bitcoin will not sustain its life and So this means you have a very small chance to survive with this "Cashless society

[olgafox0404]

not only will survive but also be a valuable resource for society

[timerland]

China is a bit different. If I remember correctly, their level of cashlessness is light years ahead of everyone else. And they use third party payment processors such as Alipay instead of debit/credit cards, which isn't yet done in the western world.

But there is no reason to believe that bitcoin can't survive in a cashless world.

In fact, as more people get comfortable with the concept of a centralized, cashless society, the obvious decentralized alternative would be bitcoin, for anyone that would like to store their wealth within a independent asset. BTC can be easily integrated into day to day commerce, just like any third party payment processors.

[SilverChromia]

We know that bitcoin can survive in any society but for now we all know that there are a lot of things and matters that already facing by crypto currencies at this moments but sooner or later when all the mistakes and problems are already fixed it will go back again to the normal and it will giving again a lot of more profit to the people in every society it will just take a lot of a matter of time.

[Syunusa]

cashless means  to eradicate cash from the society whereby digital channels will replace cash. i know since bitcoin is virtual currency, it will survive and replace cash.

[Harrisonimo]

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.

[weiweianll]

China's "cashless society", they mainly use WeChat payment and Alipay payment! They rarely use credit and debit cards!
The cashless society will eventually come, and history will always advance!

[neliawesome]

I dont know if bitcoin can survived in a cashless society because till now bitcoin is still at the bottom.If it will always continue in this way many people will have doubts in it.Some countries are using already a card for transactions and I think they prefer a stable value rather than a volatile one.

[charlzyeby]

A cashless society is just where bitcoin is needed. Bitcoin in cashless societies will be able to rub shoulders with the digital money in terms of convenience, speed of transaction, safety and transparency.

[kxp]

China does not use fiat money anymore beause they are just using debit and credit cards, but they are not using bitcoin as a main source of payments, since it is prohibited

[leostrong.mo]

BTC wants to survive in a cashless society! We should pay to China's WeChat payment and Alipay payment to learn!
Because their payment is on time and there is no transaction fee!
Just take out the phone and scan the QR code payment!

[badakjawa]

yes, if the public is able to adjust with the bitcoin currency, and become a tradition like they use credit cards, then bitcoin will survive for a long time in the community.

but the problem now is whether people are ready to accept the presence of bitcoin or not?

this is our duty to provide an explanation of the crypto world to the people.

[gilangIDR]

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.

Altcoin is indeed an important part in the development of cryptocurrencies. Currently altcoin and bitcoin become one of the financial system with a very large number of users. The market share is also very large and even beat other online financial system that has been long. Circulated, so paypal could be unbeatable by cryptocurrency. Gradually this will continue to grow and I believe in the future that the development of crypto will increase. If calculated then the combination of crypto and fiat could provide a much safer financial system. Over time then with the digitalization then we will be familiar with crypto and it is not impossible that in the future crypto will fully take over the world's financial system.

[Jombrangs]

I think they can as long the government itself will be able to support the services of bitcoin in this industry and many people will support also the services that they offer to the public market.

[First77]

China is a bit different. If I remember correctly, their level of cashlessness is light years ahead of everyone else. And they use third party payment processors such as Alipay instead of debit/credit cards, which isn't yet done in the western world.But there is no reason to believe that bitcoin can't survive in a cashless world.

Each Chinese national has about 5 cards on average, according to a new report released by the China Banking Association. China had issued 7,030,000,000 bank cards by the end of 2017.