Bitcoin Forum
September 21, 2018, 05:01:36 PM *
News: ♦♦ New info! Bitcoin Core users absolutely must upgrade to previously-announced 0.16.3 [Torrent]. All Bitcoin users should temporarily trust confirmations slightly less. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 [53] 54 »
  Print  
Author Topic: Digital Money = Cashless Society  (Read 3813 times)
Ayush rana
Full Member
***
Offline Offline

Activity: 294
Merit: 103


The Future of Security Tokens


View Profile
September 07, 2018, 03:54:32 PM
 #1041

Digital money is equal to cashless society, because when there is no one accept physical money and people have to pay through their digjtal wallet. once people use to digital wallet than no one want to carry physical wallet with them.

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1537549296
Hero Member
*
Offline Offline

Posts: 1537549296

View Profile Personal Message (Offline)

Ignore
1537549296
Reply with quote  #2

1537549296
Report to moderator
1537549296
Hero Member
*
Offline Offline

Posts: 1537549296

View Profile Personal Message (Offline)

Ignore
1537549296
Reply with quote  #2

1537549296
Report to moderator
1537549296
Hero Member
*
Offline Offline

Posts: 1537549296

View Profile Personal Message (Offline)

Ignore
1537549296
Reply with quote  #2

1537549296
Report to moderator
Mysterium 14
Newbie
*
Offline Offline

Activity: 70
Merit: 0


View Profile
September 07, 2018, 04:05:40 PM
 #1042

digital money sooner or later will replace paper bills, in the age of information technology, there is a huge number of applications PayPal, samsung pay and many others that are very convenient to use and the phone is always at hand
knggtrrz
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
September 07, 2018, 04:29:52 PM
 #1043

digital money sooner or later will replace paper bills, in the age of information technology, there is a huge number of applications PayPal, samsung pay and many others that are very convenient to use and the phone is always at hand

I think even if they are becoming popular we cannot still replace fiat currencies and its worth and how it can be use everywhere even without electricity, gadgets and internet connections.
phpartisanmaster
Member
**
Offline Offline

Activity: 350
Merit: 10

“ALLUXE.io - Decentralized Luxury Platform”


View Profile
September 07, 2018, 10:15:42 PM
 #1044

Digital money is equal to cashless society, because when there is no one accept physical money and people have to pay through their digjtal wallet. once people use to digital wallet than no one want to carry physical wallet with them.

digital money was absolutely equal to cashless society and it was good for people who are earning a huge amount of salary but for those who cannot invest on cryptocurrency then fiat is still necessary.

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
ALLUXE | LUXURY PLATFORMWHITEPAPERANN THREADTELEGRAMJOIN THE LUXURY REVOLUTION
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
Gabali126
Jr. Member
*
Online Online

Activity: 98
Merit: 1


View Profile
September 07, 2018, 11:44:52 PM
 #1045

Digital money and cashless policy are completely synonymous. This implies that you cannot completely discuss a cashless society without having possible plans of adopting digital money.
jaysabi
Legendary
*
Offline Offline

Activity: 1526
Merit: 1022


★Nitrogensports.eu★


View Profile
September 08, 2018, 12:21:54 AM
 #1046

It's entirely unlikely that crypto will be the dominant method of payment in a cashless or digital cash society. The traditional digital payment companies are far superior to anything crytpo has come up with so far. Decentralization just isn't a large concern for the vast majority of the population. It's too technical and too slow. Settlement times may be faster, but actual transaction times are thousands of times slower. You have to wait a minimum of 10 minutes and up to 60 minutes for depending on the level of confidence you want in your transaction. On the plus side, the transaction and settlement time is the same, but in traditional digital payments, the transaction times takes a few seconds. And most people trust the centralized payment processors enough for decentralization not to matter, so the faster transaction time wins. The future of digital payments is PayPal, Zelle, Square, Venmo; not crypto.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄           
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █               
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Renai0925
Full Member
***
Offline Offline

Activity: 277
Merit: 100



View Profile
September 08, 2018, 04:45:36 AM
 #1047

The problem that i see with our current money situation is that digital money should be corresponded with physical money, otherwise it will be a debt not necessarily by you but someone should still pay that digital payment with physical one. This makes it harder to track. With bitcoin, everything is in the blockchain and can be tracked effectively.

● sgamepro ●   ❐ Telegram ❐   ❐ Whitepaper ❐     ● sgamepro ●
███   PLAY MOBILE GAMES MINE   ███
██████      CRYPTO-TOKENS EARN REAL MONEY ██████
Fortress12345
Member
**
Offline Offline

Activity: 104
Merit: 10


View Profile
September 08, 2018, 06:00:23 AM
 #1048

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.

Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.

Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries" where money becomes digital/numbers.

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

Bitcoin is really a digital money but in my country it was not widely used because there are many people who don’t know it. A total cashless society here is impossible since many people still prefer to use cash. And also that digital money is hard to use without an internet so it is better to have cash so that we has an alternative if the internet are down. And also there are part on our country that are not modernized so it means that they can have no idea what a digital money is.

LigwagGanern
Member
**
Offline Offline

Activity: 315
Merit: 10


View Profile
September 08, 2018, 06:53:19 AM
 #1049

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.

Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.

Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries" where money becomes digital/numbers.

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










Bitcoin is part of digital money because you can use it to buy or pay something. Here in my country many people who are educated know bitcoin or digital money, but there are many people who don't know it. Being a cashless society is one of the safe way to keep your money. For bitcoin and other crypto currencies, it is only used as an investment or trading commodity, because crypto currencies cannot be used as a legal payment instrument in my country.







PTON PRE-SALE Live    █████████████     FORESTING     █████████████  PARTICIPATE NOW!
█████ next-generation social media service based on blockchain technology   ██████
 █ ██ █  ● Twitter ● Facebook ● Youtube ● Telegram [EN] ● Telegram [KOR] ● Medium  █ ██ █ 
James_H
Sr. Member
****
Offline Offline

Activity: 523
Merit: 250


View Profile
September 08, 2018, 07:05:52 AM
 #1050

I think, if when we will get used to digital money, our society will be free from many social dangerous situations such as robbery and looting so that people without cash will bring us peace and security. In our country credit cards and debit cardswidely used and I believe cryptocurrency is now being introduced to many people. .later, in the future many have become digital.

Mamahmuda22
Newbie
*
Offline Offline

Activity: 203
Merit: 0


View Profile
September 08, 2018, 07:28:37 AM
 #1051

many companies just want a digital money system to stay active connected with fiat, (fiat digital tokens) and this is different from crypto transaction systems, I am not very sure of their intentions but what is clear is that profits cannot be fully controlled when they adopt crypto. Whatever the system, if the society is able to adapt completely, the existence of the physical currency will be completely lost.
putrii
Full Member
***
Offline Offline

Activity: 378
Merit: 100



View Profile
September 08, 2018, 07:33:19 AM
 #1052

Yes, you are right, the digital currency in the future will become very dominant and you are also true that the digital currency will be the same as implementing a cashless society and maybe it will reduce your social life.

dibagehao
Member
**
Offline Offline

Activity: 158
Merit: 10


View Profile
September 08, 2018, 07:37:56 AM
 #1053

China is not a cashless society. The online payment is only for the younger generation. A lot of aged people do not know how to use it at all. For example, I use cash shopping and non-cash shopping frequency. But there is no doubt that the future society is destined to be a cashless society.

▰   SEMUX   -   An innovative high-performance blockchain platform   ▰
■▬▬▬▬▬      Powered by Semux BFT consensus algorithm      ▬▬▬▬▬■
Github   -   Discord   -   Twitter   -   Telegram   -   Get Free Airdrop Now!
First77
Member
**
Offline Offline

Activity: 266
Merit: 32


View Profile
September 09, 2018, 12:40:44 AM
 #1054

China is not a cashless society. The online payment is only for the younger generation. A lot of aged people do not know how to use it at all. For example, I use cash shopping and non-cash shopping frequency. But there is no doubt that the future society is destined to be a cashless society.

In Cashless society people just need a bank account and debit card or credit card. You pay with the debit/credit card at the shop, stores, the exact amount of money is taken from your bank account by the shop/store owners/staff
jack wira
Member
**
Offline Offline

Activity: 224
Merit: 10


View Profile
September 09, 2018, 12:52:08 AM
 #1055

People really need money to buy goods ... but with the development of digital money the society must learn about it ... Indonesia is not yet familiar with bitcoin let alone digital money

W12.io  ▬▬▬▬▬▬  Blockchain protocol                        
            Built F O R :    ❤ Charity Market    ⚫ ICO    ֆ CROWDFUNDING

                                                                                     ◥ TELEGRAMWHITEPAPERTWITTERFACEBOOK ▬▬▬▬▬▬▬▬▬▬▬ ❱❱❱ R E G I S T E R  for the  TO K E N  S A L E ❰❰❰
xena2
Full Member
***
Offline Offline

Activity: 182
Merit: 100



View Profile
September 09, 2018, 04:07:14 AM
 #1056

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.

Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.

Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries" where money becomes digital/numbers.

Bitcoin is a part of digital money. How is digital money is your country ??
Debit/credit cards are limited in terms of partnership, there are stores that is not in relation in some other banks. A good example of cashless society is your phone or gadget will be your wallet or the most special is your wallet is stored in the internet which you can access anywhere.  In our country (Philippines) we can't use all kinds of crypto for payment( limited type), we have to convert to fiat to make use of it.

  ❑  GOLDMA ❑     Facebook ✰  TwitterTelegramWhitepaper    ❑  GOLDMA ❑
  ICO JULY12th,2018    ..Gold Mining Asset (GMA) Digitizing Gold Assets..  END OCT12th,2018

██████████████████ Crypto-Based Gold Royalty Token █████████████████
First77
Member
**
Offline Offline

Activity: 266
Merit: 32


View Profile
September 10, 2018, 01:44:33 AM
 #1057

Yes, you are right, the digital currency in the future will become very dominant and you are also true that the digital currency will be the same as implementing a cashless society and maybe it will reduce your social life.

United States of America has the biggest problem of counterfeit currency when USA has the best technology in the world. By now USA should have been cashless society.

Cashless society = no counterfeit currency
tonyvo2017
Member
**
Offline Offline

Activity: 181
Merit: 10

dApps Development Automation Platform


View Profile
September 10, 2018, 02:28:04 AM
 #1058

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.

Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.

Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries" where money becomes digital/numbers.

Bitcoin is a part of digital money. How is digital money is your country ??
I have another thought. Electronic money can grow and coexist with the cash in this society without forcing any disappearance from one side. It can complement each other very well. Bitcoin can change your thinking about asset management and trading habits by saving time and money.

Vanhoang2000
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
September 10, 2018, 02:56:32 AM
 #1059

Digital money is associated with online transactions through the wallet .. but to buy digital currency, the role of cash is more important will be more perfect if the society has just digital money cash
BeGoods
Legendary
*
Offline Offline

Activity: 1218
Merit: 1008



View Profile
September 10, 2018, 03:04:17 AM
 #1060

digital money sooner or later will replace paper bills, in the age of information technology, there is a huge number of applications PayPal, samsung pay and many others that are very convenient to use and the phone is always at hand

I think even if they are becoming popular we cannot still replace fiat currencies and its worth and how it can be use everywhere even without electricity, gadgets and internet connections.
Digital currency also comes from fiat currency dude lol, digital currency is another form of fiat. in many countries nowadays digital currency has been widely used, we have often seen people shopping using credit cards or even mobile banking, it is a form of cashless society and that is definitely will happen sooner or later, but for everyone to use it will certainly take a long time

        ▄▄███████████▄▄
     ▄██▀▀           ▀▀██▄
   ▄█▀   ▄▄█████████▄▄   ▀█▄
  █▀  ▄███████▌ █▌ █████▄  ▀█
 █▀  ██  ██         ▀█████  ▀█
▐█  ██▀▀█████   ▄▄▄   █████  █▌
█▌ ▐██▄▄████▌  ████   █████▌ ▐█
█  ███  ████        ▄███████  █
█▌ ▐█▀▀████▌   ▄▄▄  ▀██████▌ ▐█
▐█  █▄▄████   ████   ▐█████  █▌
 █▄  ████           ▄█████  ▄█
  █▄  ▀████  ███  ██████▀  ▄█
   ▀█▄   ▀▀█████████▀▀   ▄█▀
     ▀██▄▄           ▄▄██▀
        ▀▀███████████▀▀
bitcore.
...The Future Is Now...
▄▄▄▄▄▄▄▄    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄     ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄

        ██
██████
        ██
        ██████
        ██
██████
        ██
        ██████
        ██
██████
                 ▄▄██
 ▄██████████████████████▄
█▀         ▄▄██▀▀   ██  ▀█
█▄     ▄▄██▀▀        ██  █
█▀█████████████████████████▄
█                          ▀█
█                           █
█              ▄████▄       █
█             ██▀  ▀██      █
█            ▐█▌    ▐████████
█             ██▄  ▄██      █
█              ▀████▀       █
█                           █
█▄                         ▄█
 ▀█████████████████████████▀
.
iOs
Android

        ██
        ██████
        ██
██████
        ██
        ██████
        ██
██████
        ██
        ██████


     ▄▄█████████▄▄
   ▄███▀▀     ▀▀███▄
  ███             ███
 ███               ███
▐██   ▐█▄   ▄███▄   ██▌
██▌    ███▄██████▀  ▐██
██▌    ▐████████    ▐██
▐██     ▐██████     ██▌
 ███   ▀█████▀     ███
  ███             ███
   ▀███▄▄     ▄▄███▀
     ▀▀█████████▀▀


     ▄▄█████████▄▄
   ▄███▀▀     ▀▀███▄
  ███             ███
 ███       ▄███    ███
▐██       █████     ██▌
██▌       ███       ▐██
██▌     ███████     ▐██
▐██       ███       ██▌
 ███      ███      ███
  ███             ███
   ▀███▄▄     ▄▄███▀
     ▀▀█████████▀▀


     ▄▄█████████▄▄
   ▄███▀▀     ▀▀███▄
  ███             ███
 ███         ▄▄█▌  ███
▐██      ▄▄█████    ██▌
██▌   ▄████████     ▐██
██▌  ▐████████      ▐██
▐██    ▀▀████       ██▌
 ███     ▀██       ███
  ███             ███
   ▀███▄▄     ▄▄███▀
     ▀▀█████████▀▀
Website
ANN
Block Explorer
Pages: « 1 ... 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 [53] 54 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!