Digital Money = Cashless Society

[yusupjatigumilar]

in my country the use of new non-cash transactions is starting to take place because there are still many things to be prepared to get there, from the posotive side I agree with it, because it will be more efficient and reduce the state budget to make money, there is only the transfer of numbers from one account to another and it is more environmentally friendly because it does not use money printing materials such as trees and metals

[yoseph]

in my country the use of new non-cash transactions is starting to take place because there are still many things to be prepared to get there, from the posotive side I agree with it, because it will be more efficient and reduce the state budget to make money, there is only the transfer of numbers from one account to another and it is more environmentally friendly because it does not use money printing materials such as trees and metals

Same as my country, people buy some sort of monetary tokens and then use it make purchases by using it on their phone and it has really picked up steam if more companies those kind of services. If more and more people accept this as a means of payment, then we are gradually make the society cashless.

[loreykyutt05]

in my country the use of new non-cash transactions is starting to take place because there are still many things to be prepared to get there, from the posotive side I agree with it, because it will be more efficient and reduce the state budget to make money, there is only the transfer of numbers from one account to another and it is more environmentally friendly because it does not use money printing materials such as trees and metals

Same as my country, people buy some sort of monetary tokens and then use it make purchases by using it on their phone and it has really picked up steam if more companies those kind of services. If more and more people accept this as a means of payment, then we are gradually make the society cashless.

I agree however there is still lot to consider if the country wanted a full cash less payment number one is the internet , internet is a prerequisite if they wanted a fully digital payment , sad to say here in our country internet services in not yet fully implemented there is still wide number of location who dont have access to this. Digital payment in our country is okay and you could but lot of stuffs using digital money however what I am trying to say is it is limited and there still more work to be done if they want a cashless society.

[kive2k]

I personally only for the replacement of cash digital, for example, I use the whole only in those places where it is impossible to pay by bank card. Why do I need fiat money?

[Cotton Candy]

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.

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

I am waiting for that thing to happen and I am one of the person who will fully support that system change and I am sure that the society will be much more convenient with that thing happening and the raw materials.will be much be saved than ever there are a lot more things to make with that materials rather than to use to make some cash. And time having a global transactions will be very convenient if that happen because with a single tap you can send money all around the world in an instant

[holden4591]

I do not think that digital money will completely replace cash. Of course, digital money is becoming more and more popular. But there will always be people who will use ordinary money. In some situations, this is much more convenient. It seems to me that a cashless society is a utopia.

[c++btc]

We can't actually say that digital money will be leading to cashless society well for me it is just the help of the technology to fasten the transactions of payments and to fasten the work of people less hassle. Cashless is very hard to achieve there are so many problem i  guess.

[isidrorex]

I really believe that cryptocurrency is the future but right now, digital money isn't really taking over the whole world and I guess it is still a long process to have a cashless society because of cryptocurrency. It is not easy just to just wipe out all the cash in the society just because there is "Digital Money" trend. I think not every single person in the world will adapt digital money since there are still many people who doesn't support change in the world.

[Crypto Sway]

Many leading countries are in this near cashless society already. Most people I know when they go out end up sending each other money on the cash app (which now allows you to buy btc on...) or venmo to split the tab. Currently, I've been watching this project that is pre-ico this month and they are aiming to bring the masses into crypto with their arbitrage exchange. What do you think? https://bitcointalk.org/index.php?topic=3085831.0

[Firefox07]

I think for a third world country like our country. Digital money and cashless society. Will not be fair to everybody. Because of high number of poor people. Not everybody can use digital money.

[Stephen1989]

Digital money definetely eliminates the paper money involved in the system. But would it make the system completely cashless is the main question. Well, it can definetely bring in a "less cash" drive than the cashless one. Offcourse achieving a cashless society is the bigger goal but we need to wait for that for a while. For now, less-cash society is whats being offered with the advent of digital money, and the whole digitization process  alltogether. cryotocurrency will add to this in a good and substantial way as it is based completely on digital money, created and existant over the cloud. This if regularised in a more advanced and accepting way, will definetely pave ways for cash-less economy and will eliminate problems assiciated with paper money like theft, laundering, corruption, etc.

[jaysabi]

Now after the inception of bitcoins back in 2009 the world is moving to digitalized world as bitcoins makes all the payment of products and services online and digitally making the transactions secure and safer. Digital currency helps to improve the living standard of the users as well as the economic standard of the world as it helps in uplifting the economic conditions of the world. Digital currency helps to act as a bridge between different countries by connecting all the countries through the bitcoin network.

Nobody needs Bitcoin to have a digital economy with digital cash. Cash and digital cash are fungible and completely interchangeable already. You swap one for the other every time you interact with an ATM, either putting money in or taking it out. Cash and digital cash don't compete with each other, they function interchangeably. There's nothing really to back up transactions being safer on the Bitcoin network compared to the MasterCard network (for example). The only real difference is that Bitcoin transactions can't really be reversed by one party, which is a significantly overvalued attribute considering the number of transactions this would be a benefit to is immeasurable compared to the number of transactions effected without controversy.

[Cliparts]

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.

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

Equally stated, digital money = cashless society. As we are now in the present, digital world invades us, drastically. No cash? no worries. We pay bills, have our remittance, earn money in a digital way. This is how digits turn the world upside down.

Yes for sure because digital money like bitcoin is more convenient than all over ways of payment, as it is fast and easy way of payment for everything we need in our daily life,. Here in my state people use to pay for things using bitcoin on daily basis, paying bills with bitcoin and sending money to local remittance any hassle, so digital money is doing well in my country as more and more people are now recognizing it.

[lolxxxx]

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.

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

Well here no one is even interested that much in having digital money.
They are just ignoring the fact of digital money but what I believe is that it will be slowly slowly implemented in countries soon and will end te FIAT.

[Bagaji]

Well, in my country digital currency or crypto currency cannot be used as a means of payment for goods and services and the only way out for us to make use of our money earn through crypto currency is to convert it to our local currency and we do the convertion by selling our crypto currency for our local currency via local Bitcoin exchange or Remitano.

[Allura74]

I think for a third world country like our country. Digital money and cashless society. Will not be fair to everybody. Because of high number of poor people. Not everybody can use digital money.

Yes, a digital money will drives to be a cashless society like buying goods that using electronics money such as debit card, credit card and other card that use to purchase and its only a swipe in transaction by the use of card, I think our future will be going to that as the world is keep advancing its technology.

[Lady Coquet]

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.

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

Many people are now good in paying their bills and buying things through online because it is much easier and more faster that you do not need to make a line to this things. That is why i think that bitcoin has a potential to be used by many people because it is also a digital money that can be also used to pay through online.

[bachus]

Yes, I believe that we will face the fully cashless society already in the next 5-7 years worldwide! Because cash is already too old system.

[hacking13]

I will always be an advocate of Digital Money for a Cashless Society. It's basically a less stressful and efficient means of transactions. The world is rapidly growing towards the use of digital money. many countries around the world has come to accept the digital money revoluion lke China, Sweden, UK, France, Russia etc

[tuikindu]

The development of cash society has reached its peak. With the surge of electronic money and digital money, cash flow has come to an end, including the circulation of paper money and metal COINS. Every people especially in northern Europe and China electronic currency, digital currency, Internet finance, science and technology in the developed countries, such as financial region of the people will obviously feel less cash in the pocket, function more and more small, use frequency more and more low.