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Author Topic: Digital money is cashless society  (Read 2832 times)
JennyatKW
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June 06, 2018, 12:13:45 PM
 #221

This is really a way to have a cashless society, because it will give a positive in our world if we have a cashless society, and if we simply depend on digital money, because we can simply use transactions and, depending on the Internet and not leaving our home, which can save a lot of time, so that we become more productive and less dependent on the state
BAILEYB
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June 06, 2018, 12:15:48 PM
 #222

It is indeed the way to have a cashless society because it will bring a lot of good things in our world or country if we will have a cashless society and if we will just depend on the digital money because we can just transaction using and depending in the internet and without going out from our home which can save a lot of time for us to become more productive.
LigwagGanern
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June 06, 2018, 12:28:05 PM
 #223

It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.

Money earned from the internet is known as digital/electronic money.

People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.

How is digital money is your country ??  Bitcoin is a part of digital money.








That was amazing country. They don't use fiat money but they use digital money, so that they are avoid from the snatcher. Because if a people always withdraw money in atm, and there is someone who always see him, maybe that someone will do bad things to him. But if that people use digital money, no one will know that he have a large money or he is a bitcoiner. He is safe from the snatcher, holdupper, or bad people. Be wise in using your digital money or crypto currency.
Kittygalore
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June 06, 2018, 12:29:46 PM
 #224

It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.

Money earned from the internet is known as digital/electronic money.

People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.

How is digital money is your country ??  Bitcoin is a part of digital money.



Not just the bitcoin itself but the whole cryptocurrency industry is bringing a great innovation for paying bills using digital aspects. Here in our country we often use cryptocurrency or digital money for buying online products, buying bills with just a slide and click from mobile phone and even buying/ paying foods at a restaurant and fastfood chains.
Spontebob
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June 06, 2018, 12:58:01 PM
 #225

ATM is also part of the media that makes cartal money into digital money with the same value or price. In my country, for some big companies have been applying digital money with transactions through ATM.

In my country, bitcoin is legalized but there are only a few people who know about it. There are Bitcoin ATM's scattered around which means it is recognized. Unfortunately, when you ask people what is bitcoin, there are only few who might get it right.
DoublerHunter
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June 06, 2018, 01:16:37 PM
 #226

ATM is also part of the media that makes cartal money into digital money with the same value or price. In my country, for some big companies have been applying digital money with transactions through ATM.

In my country, bitcoin is legalized but there are only a few people who know about it. There are Bitcoin ATM's scattered around which means it is recognized. Unfortunately, when you ask people what is bitcoin, there are only few who might get it right.
People are still skeptical about bitcoin because it is not that easy for them since they always want to be spoon feed and they don't want to try it by themselves. They will just start to use it if they will see it on the news that the media is telling a lot of good stuff about bitcoin which is not a good thing to practice if you are looking for a good profitable opportunity.
Risktaker31
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June 06, 2018, 01:31:03 PM
 #227

This is really a way to have a cashless society, because it will give a positive in our world if we have a cashless society, and if we simply depend on digital money, because we can simply use transactions and, depending on the Internet and not leaving our home, which can save a lot of time, so that we become more productive and less dependent on the state

Most of the people who own a bank account have debit/credit card and thats why most of the people are dependent on the card thats the reason most of the people often use cash. Almost all of the establishment are accepting credit or debit card through their payment.
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June 06, 2018, 01:37:52 PM
 #228

It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.

Money earned from the internet is known as digital/electronic money.

People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.

How is digital money is your country ??  Bitcoin is a part of digital money.




It will take a lot before a country becomes cashless society. Iliterate people and the elderlies would find difficulty adapting with new technologies which could be a deciding factor before the government approve with this new system.

The idea is good as we might save trees for not printing fiat money but a lot will have to adjust in adapting to this new system.

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vnck25
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June 06, 2018, 01:51:21 PM
 #229

Here in USA, its the same thing! We only use Credit and Debit card for the most part. It easy, safe for customers, if the card get stolen or lost you can quickly freeze that account. I like the transition from regular paper (fiat) currencies to digital currency, including Bitcions and other cryptocurrencies. But the decentralized nature of the latter prevents it from controlled by a centralized entity like a central bank and/or a government. I believe this has attracted more flak from governments around the world on the concept of cryptocurrencies going main stream. That being said, I believe in the near future all these negativity towards cryptocurrencies would change and it will be used by everyone around the world!
vonnyaries
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June 06, 2018, 01:54:48 PM
 #230

in chnia there are so many way to pay something susing digigtal currencies, and as i know the popular one is the wechat pay, in that country we just scan the QR and send amount that we want to send and in a second our money transffered into the seller, it more be great because almost all of the stores in china using this payment system

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DUHOIxx
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June 06, 2018, 01:57:16 PM
 #231

In my opinion, in the future everyone will use and pay with electronic money, just as you said, then China is gradually adopting electronic money to pay. Because the positive aspects of electronic money bring to the user is very large. Currently in my country do not use and pay for electronic money, but in the future I think they will apply.
mcqueen95
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June 06, 2018, 02:02:26 PM
 #232

The elimination of cash is currently is not feasible. not everyone has (or can have) a bank account, a credit/debit card or access to electronic payment systems via a smartphone or computers. people cannot be forced to have or use these tools. Access to a debit/credit card might be denied to persons not deemed creditworthy. in addition, an economy entirely based on electronic payments is subject to disruption, including cyberattacks.
Antonina
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June 06, 2018, 02:03:13 PM
 #233

Digital money has become very useful because they improve discipline in financial management, because all transactions have been recorded, you can monitor it and see how much you spent on something.
sheryl26
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June 06, 2018, 02:11:00 PM
 #234

It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.

Money earned from the internet is known as digital/electronic money.

People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.

How is digital money is your country ??  Bitcoin is a part of digital money.




China is said to be a cashless society but still they banned bitcoins in their country? How was that possible. But back to the topic yes more or less the country or should I say the world is now in the phase that the people are getting ready on a cashless society because internet is very easy to have so the life is very convenient. We can now buy things but the use of the internet connection and a credic card which is also a digital money. But it is much better to see cryptocurrency as a part of our society and as our main currency
Herressy
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June 06, 2018, 02:46:25 PM
 #235

This is really a way to have a cashless society, because it will give a positive in our world if we have a cashless society, and if we simply depend on digital money, because we can simply use transactions and, depending on the Internet and not leaving our home, which can save a lot of time, so that we become more productive and less dependent on the state

Most of the people who own a bank account have debit/credit card and thats why most of the people are dependent on the card thats the reason most of the people often use cash. Almost all of the establishment are accepting credit or debit card through their payment.

buy something on mall and make a transaction online this cashless money that is why when this currency are been made of people that are used cashless they also love this kind of digital currency and many more people also have to used this also.
Market-desi
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June 06, 2018, 02:49:20 PM
 #236

that's right. because digital money is the money of modern times. to make it easier to melagukan transactions wherever we are. such as for transactions abroad without us having to redeem in advance with the country's money .

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Chaelbrin
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June 06, 2018, 02:52:21 PM
 #237

Computerized cash is unquestionably a shape cashless society,because when you need to make buys you either pay through an advanced currency,credit card or through a Web cash transfer,so along these lines computerized cash is extremely cashless society since you don't need to work around with money to make exchanges.
jakoylantern
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June 06, 2018, 03:19:27 PM
 #238

For me, in this era that has a technological world that is the future or money to become digital money like bitcoin and another cryptocurrency to become a cashless society. We all know that most of the people now are using a smartphone, and new technology that making our lives comfortable and its time to upgrade our money into a next level, creating a digital currency that making our transaction more accessible and faster it is a great way. Also, we know that this technology is changing too fast, so it is great to accept digital money even we need to upgrade almost everything regarding payment system but imagine that bitcoin and other cryptocurrency is legal and acceptable to all state, I guess that is much easier and cooler than the old one. Smiley
saumang2m
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June 06, 2018, 05:48:07 PM
 #239

Yes, with digital money we can create a cashless society. But even today 70% people use cash. Because they do not have any specific information about digital currency. They do not know how to use digital currency. But in the future we will become a cashless society.

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June 06, 2018, 08:06:07 PM
 #240

Digital money in my country now is picking up. Transfer of money home n abroad, not leaving the comfort of your home and payment of bills. It's quite picking up a good pace so as the people of the country. The issue here is the network, that is the internet that makes it work, sometimes transfers get to hang in the air and the banks will tell you they can't trade or help you. Aside from that it getting better. Bitcoin will do the same and better too if all necessary utilities are functioning.

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