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Author Topic: Digital money is cashless society  (Read 2826 times)
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May 13, 2018, 10:20:31 AM
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May 13, 2018, 10:36:28 AM
 #62

in my country i htink the digital currencies just the platform fromt he bank, like the new platfromtfrom the bank and its not like the bank account, you just install application from the website or the smartphone and you can use that platfrom, and some people in my country still use digital currencies like paypalm prefect moeny, skrill and other

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May 13, 2018, 11:37:52 AM
 #63

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.



Well, here in our country. Many people are still using cash in paying bills or in transactions but still I can see that many people are using the convenient way, through credit cards especially in only stores or online transactions. There is also an app that acts like a wallet, you can use this like a credit card and it is widely used here in our country. You just need to top up then you can use that money for online payments.
Marrionbitcoin
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May 13, 2018, 11:51:02 AM
 #64

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?


In our country, we normally use Bitcoin to pay our monthly utilities such as water, electricity, insurance or even fund transfer to others that has no charge and hassle free.
Most likely, Bitcoin is being use in trading in digital currency so that we can earn income and saves money for the future.
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May 13, 2018, 11:56:08 AM
 #65

Well, our country is not yet a cashless society because not all stores adapt digital currency as their payment, and some stores especially now that small stores can't operate it easily. I hope it will happen soon because they will help to prevent the theft to steal your money.
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May 13, 2018, 12:24:42 PM
 #66

I think ,china is not a cashless society upto now.With the help of bitcoin it may achieve in future.But the bad news is , bitcoin is banned in China.But nothing is permanent in this world.In future,bitcoin will turn accepted in China.But still now lot of bitcoin traders are from China.

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Heartbreakeren
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May 14, 2018, 10:32:54 AM
 #67

A cashless society is both fascinating and daunting. I’d love the freedom that will come from a virtual world, but think about it. Once you enter that world, there’s no going back.
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May 14, 2018, 10:45:32 AM
 #68

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.










Bitcoin, or the other digital currencies that could serve as an alternative cash
For some people that is the point of crypto currencies
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May 14, 2018, 11:02:16 AM
 #69

Digital money is future, now in my country cashless transactions is started in all types of payments. The government sees that cashless transactions are safe and fast. But payment by using bitcoin and crypto is still prohibited, all must be done through fiat, this is influenced by the price of bitcoin and crypto is too fluctuating.
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May 14, 2018, 11:45:44 AM
 #70

Credit cards is mostly common use as payments for the bills and shopping in the malls. In our country, bitcoin is just starting over several months ago and not that long where people are not yet aware that bitcoin is already actively in operation. I think, what is lacking in our country is the advertisement of crypto currency like bitcoin such that people would know about this kind of currency that can be use as payments.

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May 14, 2018, 12:56:13 PM
 #71

A cashless society is both fascinating and daunting. I’d love the freedom that will come from a virtual world, but think about it. Once you enter that world, there’s no going back.

About not going back. If the innovation is useful why not to use it? Very often a great invention looks awkward but finally it became a thing that changes the world. At first people may not understand it, some may even despise it but when it proves its efficiency it conquers. And it`s the possible scenario for all cryptos. Since its invention many people were kinda sceptical (and many still are like Bill Gates and Warren Buffet whose authority is very strong in business community) but now the situation has changed and it will continue to change.
Krispin47
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May 14, 2018, 12:59:13 PM
 #72

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.



cash still has not lost its popularity, especially for older people who are extremely skeptical about money on cards and purchases on the Internet. I believe that in the future the society will become cashless, as it is much more convenient, less costly and environmentally friendly option of payment. I think Bitcoin and the other crypto-currencies will be the locomotive of cashless society
ritiktakyan01
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May 14, 2018, 01:56:42 PM
 #73

Yes bitcoin provides cashless environments, which neither requires cash or fear of being lost can be used in the world even through digital media.
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May 14, 2018, 02:00:51 PM
 #74

For those of us who already understand and understand with digital money and its use it will be highly anticipated where all the paper money will be replaced with digital money. But governments like China need to make the right rules and security in order to run well and easily and can be owned and used by everyone.
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May 14, 2018, 02:02:57 PM
 #75

Yes indeed it would be cashless society for there is no need to carry cash on our hands and our society if be free and  accessible to all. And through this  support from our government we will succeed  to proved and we  find that use them things that can help ou us  improve our transactions.
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May 14, 2018, 04:15:04 PM
 #76

I strongly agree with technological developments but the legitimate currency is very useful to buy goods with valid cash but the world has now grown and digital currency is very easy to shop to a shop but there is a part of the country still uses the cash currency
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May 14, 2018, 05:40:29 PM
 #77

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.




digital currency here is still beginning to bloom in use, but for now the current hype is cryptocurrency. for the likes of skrill, paypal, perfect money and so on are still there, but not as much as the users of cryptocurrency I think. maybe only those who still love for website promotion or advertising
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May 14, 2018, 05:45:27 PM
 #78

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.



In my country digital currency is not popular. Not everyone knows and investors. Some of them are afraid of investing btc because of the false information they've gathered.

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May 14, 2018, 06:17:45 PM
 #79

As at the moment in my country, the use of digital payment is done mostly in high class areas. The remote areas are predominantly of the cash usage. The cashless policy was being enforced some years ago but the government soft pedalled on it due to some reasons of money laundry abuse in the country. But for now, we do run both digital and cash.
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May 14, 2018, 06:30:32 PM
 #80

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.



In my country digital currency is not popular. Not everyone knows and investors. Some of them are afraid of investing btc because of the false information they've gathered.
Yes this is very true that digital money is cashless society and this can happen in the coming future also because digital money is getting popular day by day as digitisation is going on in the economy.Some governments are also favouring digital currency has they are easy to handle and you can carry any amounts of cryptocurrencies in their respective wallets.Cryptocurrencies just need an internet connection to get operated and some basic knowledge.These are an easy way to earn money.
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