Bitcoin will survive in "cashless society" ??

[bjmpoker001]

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 itself is cashless, and i think it is good because peoples are used to digital money.
debit/credit cards need a fee for 3rd party of it, but crypto is not. If cryptocurrency can be used in very low fee, then it will be the best digital currency.

[killat]

I doubt we will move to a cashless society any time soon at least not in my life time, and then once that happens you need to have a universal currency everyone can accept.. as a global community we can't even agree to cut emissions or try and move to greener fuels so add X years to that figure. The way I see it is crypto will never replace a currency system instead I think there will be more adaption for the block chain tech more than anything else, to trace where food comes from, parcel tracking, communication, storage that's the true value of the tech not £/$/€

[edisystem]

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 yes, bitcoin will survive in "Cashless Society" where people will use digital money more than paper money. Our live is become more modern every year and I'm sure someday we will not use paper money anymore, maybe like on the next 10-20 years. Bitcoin is really suit the cashless society though, like you only need scan your QR code and you send the bitcoins.

[Ava Duvall]

Bitcoin is now very popular, and some stores are starting to accept it, as a payment instrument. So that in the future the use of Bitcoin and blockchaine technology will be increasingly used in the community for everyday life.

There are so many more processes to happen before it is generally accepted in everyday use. But are slowly moving towards that goal

[Piggymonster]

Bitcoin is a digital cash and more usable as payment for goods and services than other cryptos. Definitely, it will survive and brings a big change in our financial system.

[ethereumhunter]

When bitcoin is available in any store, then bitcoin can be a new payment for us which we can use to buy anything in the store and not only the online store but it also in the offline store. So we don't have to use many types or credit card or debit card, and we only need to carry one wallet which bitcoin inside because it's simple to use and we don't have to use card plus we can save the PIN for that card. Besides that, it will reduce the opportunity from being stolen by another people because they need the private keys or our PIN to access our wallet.

[Roboabhishek]

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 don't think why peoples are stating that bitcoin will fail in such society how can they forget that bitcoin is a vital part of cashless society . Bitcoin can help in transaction and monetary payments without use of any cash just by simply a touch of today's technology can pay someone in any part of this world.

[CrimBit]

Cryptographic currencies are currently building trust to be applied in daily activities so that they can create non-cash settlements. And bitcoin was the first to popularize the payment system using digital coins. However, despite the obvious progress in the transition to non-cash settlements, it seems to me that cash for many reasons will be there for a very long time. Crypto currency will run in the company in parallel with cash.

[bajingluncat]

that is certain, maybe even if BTC is fully legal, people will be more interested because in terms of transaction costs it is much cheaper, security because BTTC using the blockchain system will definitely be safer, this is a new era, all digital, I am used for that, this is a new lifestyle, I'm sure btc will become king in this era

[Msworld83]

As more and more countries become "cashless society", Bitcoin will fail in next 5 years.

So, Bitcoin is platform to move money around cause I don't get the reason that made you said bitcoin will fail by using cashless system in the world.

Bitcoin has been the major reason we don't have to move money around but with Bitcoin you can transact with someone in another continent with out even be there and with less transaction fee and instant credit but on credit card you have to wait for some days for inter bank to remit your money which even have more fees compare to Bitcoin and don't forget that Bitcoin has no tax or third party requirements , so I don't see any reason for Bitcoin to fail in cashless environment but even will get stronger .

[tracy2233]

Its not sure whether Bitcoin will survive the cashless society or not but cashless society will surely survive coz lots of countries are now cashless without being operating the bitcoin. However, bitcoin is stand alone entity so anything said in or against will not do the justice.

[zoolz]

Bitcoin will thrive in a cash and cashless society it will just take different roads to get their depending on which kind of economy it is. Honestly bitcoin won't be hindered by other means of transaction bitcoin can stand on its own as the superior means of transaction.

[Yara1]

Bitcoin is the real deal when you talk about cashless society because when you talk about cashless society you are referring to a society where the use of physical money is absent ond the use of digital currency become the way of life, so bitcoin will survive and even do well in a society were they practice cashless society.

[muhammedb]

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 is among this cashless currency because is digital currency it can also play a great roll in the cashless society hoping to see bitcoin as number on currency in my country.

[kvipcn]

Bitcoin will definitely survive in a cashless society. Looking at the transaction fees charge when you use debt cards and credit cards, I believe bitcoin will be the best option in terms of using digital cash in making transactions. Bitcoin offers a low transaction fees compared to the others

[liseff3]

It's no doubt, China is indeed one step ahead of other countries, especially about AI. However this is still the early days, it looks like China will probably lead to retail and consumer ends, while other countries, maybe leading autonomous driving for now, for example the US.
China's the first country in the world to use paper money, and a number of observers believe that China too will implement a 100 percent transaction system without cash. So it's not impossible, bitcoin will be eliminated and defeated by their technology.

[poletando]

cashless society if very popular right now because of it is very simple to use, don't mind about any changes, and other thing, in this situation we can use the bitcoin as the cashless society currency beside the debit and credit card because bitcoin is easy to use and flexible

[Goodnuel]

Yes, I think that's one of the goals of bitcoin. A cashless society... With the difference being that with bitcoin, globally, people can also go cashless, not just limiting it to China and the USA... From around the world, anyone who has access to bitcoin can transact on a cashless basis without the need for a debit/credit card.

[MinSiu]

I really hope "cashless society" will coming soon. Surely, at this time, bitcoin will be the king of currency

[Kasliono]

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.