Digital Money = Cashless Society

[J Gambler]

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 ??

Its really hard for who don't know yet about cadhless money , and those small business thst need to implemented the debit or credit carc policy im not againtd with this but you can never erase using paper money this is where people ststt it. And yes if its all of sudden are now connected to the internet then internet will become more dangerous and everything is not safe tho.

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[IL.Guerreiro]

Digital currency in our country is not yet like this kind of activeness in China but it is working slowly, one of our major bank is considering bitcoin as a good asset and I believe this is a big point to promote digital currency in our country and educating the society.

[Jembut Ireng]

Cashless society is a complicated and inconvenient problem, the presence of bitcoin should be a great solution for making and improving the welfare of the poor and the unemployed.

[i_iz_vins]

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 ??

Digital money is widely used in our country.There are many apps that allow you to store your money in a virtual wallet like coins.ph. We also use it to pay bills without needing to queue in line. More and more people are using it in our country because of its convenience.

[bristlefront]

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 ??

Some stores still doesn't accept digital payments due to lack of knowledge about it, they still prefer the traditional way of paying using fiat. Later on it would take a decade (i think) for our country to be a cashless society since we are third world county. What do you expect? our country need to solve poverty in a hard way since they elect corrupt people that only profits its fellow citizen.

[charlzyeby]

well for me its not a bad idea to use a digital money.you can buy anything in anyways  because of Digital money even if you have no cash or paper money.but then again not all people wanted to use digital money.

The people who don't want to use digital money are sometimes not privy to information regarding how such systems work. Some may even think it is fraud and their money can get lost on digital systems. It will take sometime to teach people how to use most of these digital systems.

[Camorra Dev]

 in America I believe in France, most people are already experiencing that, when you can live your regular daily life without any cash in your wallet

[sergiom]

It can be reality in a few years, even faster. to buy something is the market with crypto will be easy than for cash, but this must be all over the world

[Panpan66L]

Digital money will not = Cashless Society, because if to count people living on the earth and divide to the people using digital money it is near 0.3-0.2%, maybe in about 20 years it can be.

[Birin016]

A society cannot be called completely cashless society even if it is mostly using digital money. We cannot still deny the fact that we need the paper money to regulate the economy of our country and to identify us that the currency we are using is belongs to that society. It is very normal nowadays all over the world to use cashless mode of transactions but it wouldn't determine the society to be as cashless.

[rarkenin]

What digital money brings to society and how people can use this for their own advantages?
Digital money is form of money revolution. I always believe that cashless communities can solve the problems which created by cash money. Inflation is real problem and unfortunately cryptocurrencies cant solve this problem even wth new technology..

[First77]

The people who are using virtual currencies are continuing to increase. It is really possible that our society will become cashless society in the near future. I know that many more people will attract to virtual currencies like bitcoins.

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"

[Vaniaevergarden]

digital money here in our country is also common by using debit or credit card or sometimes through internet or online bank, ofcourse this way of buying or spending money is very convient nowadays, but still not all community is familiar with it, so they still prefer using the paper money.

[leostrong.mo]

Cashless society refers to a society that replaces cash payments with electronic payment methods, and makes “non-cash” payment methods such as credit card payment, mobile payment, or cryptocurrency payment become mainstream payment methods.
The payment method of cryptocurrency is just one of payment methods. The rapid development of the mobile payment market will provide more application scenarios for cryptocurrencies!

[pantheraio]

With the existence of digital money does facilitate us in making purchases or transactions of any kind. However, most of the use of digital money will replace paper money and will make it difficult for some areas or places that do not serve digital money usage transactions in a less developed country.

[Mhd-Bobbi]

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 ??

it is difficult to ensure that digital money exists in every country. because every country already has legislation that has ensured that their money is legitimate money from the government in their country. if you make online payment like paypal. they use their form of payment using real money. which are transferred online. I hope every country can use digital money used in paypal or other payment.

[jaysabi]

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 ??

Digital money can really help the security of people. It can also reduce the rate of holdapers or snatchers. Transaction will be much faster and hassle free

I think for a cashless society evryone needs to know about cryptocurrencues or digital money.Cash is used by every person in the world and it cannot be overtaken by any form of currency.Cash is being used from traditional time period and it is accepted internationally.Cash can be used anywhere and anytime unlike digital currency whuch requires an internet connection.Digital currency needs some basic knowledge about it but this is not the case with simple cash and can be used by anyone.

In the US, most transaction use cash but are already using digital cash. The proportion of transaction using physical cash to digital cash is dropping over time, and it started back when checks started being used, which are just an analog of cash. It used to be that cash was physically moved between banks on a regular basis on account of checks being used at merchants, but now this is done electronically. In any event, cash can be the dominant currency and digital can be the dominant method of transfer, and these two things are entirely compatible with each other, and in fact are already the norm.

[DiabolicAnt]

I’d really want to say that people of my country are going to be cashless society but the reality is different. I use cash very rarely but I think the majority of people still uses it even though usually you can pay with credit card almost everywhere.

[feonaka]

It sounds so cool that people are using cashless methods to pay in China. It will take some time but most of countries will take this route only in future.

[Jupeter]

well for me its not a bad idea to use a digital money.you can buy anything in anyways  because of Digital money even if you have no cash or paper money.but then again not all people wanted to use digital money.

It is really true that  not all people in this world wants to used digital money in the future because how can able to used our digital money when we dont have internet and right now a lot of people is still wants to used cash because it  is more easy to used.