dillema018
Member
 Offline
Activity: 214
Merit: 20
|
 |
July 06, 2018, 11:56:22 PM |
|
Note: If you like my topics/threads and posts give me "+merits". See on the right side of each post (top right corner) there is "+Merits"
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 ??
It cab become possible but it will be hard especially on third world countries. Cashless payments are done in almost all parts of the world, whether payment through card or virtual money like bitcoin. Here in our country, we prefer cashless payment because we do not want to queue for a long line just to pay bills,we can just pay through online wallets or virtual card like master card. It is possible that some countries will now be accepting digital money instead of cash, some of them may think that it is more convenient to have digital money than cash payments. |
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
|
Sled
|
|
July 07, 2018, 01:56:01 AM |
|
Note: If you like my topics/threads and posts give me "+merits". See on the right side of each post (top right corner) there is "+Merits"
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 ??
It cab become possible but it will be hard especially on third world countries. Cashless payments are done in almost all parts of the world, whether payment through card or virtual money like bitcoin. Here in our country, we prefer cashless payment because we do not want to queue for a long line just to pay bills,we can just pay through online wallets or virtual card like master card. It is possible that some countries will now be accepting digital money instead of cash, some of them may think that it is more convenient to have digital money than cash payments. If i am a store owner, i will prefer digital money compare to cash payments because it is faster and safer since i don't need to store money in my store and i can just receive the money directly to my online account where i can choose to transfer it to the banks via wire transfer which is a faster way of keeping my money safe. |
|
|
|
|
Ferrokeys
Newbie
Offline
Activity: 28
Merit: 0
|
|
July 07, 2018, 02:27:04 AM |
|
The absence of cash will encourage the barter system, and as every well educated human being knows the natural evolution of a barter system results in a commodity-based currency which eventually will be gold and/or silver! A cashless society will kill the fiat paper system.
|
|
|
|
|
ainaya1994
Newbie
Offline
Activity: 159
Merit: 0
|
|
July 07, 2018, 02:45:16 AM |
|
I think if the original currency is removed and replaced with digital currency will make it difficult for people in the countryside because to access the digital currency then there must be internet network whereas in many villages can not access internet ...
so real money and digital money should be there.
|
|
|
|
|
|
kalawang
|
|
July 07, 2018, 05:36:07 AM |
|
Note: See on the right side of each post (top right corner) there is "+Merits"
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 ??
Digital money is so in demand for those of cryptocurrency. Cause I support cryptocurrency not capitalism and it you will. Cause I support cryptocurrency not. The real problem here are some of cryptocurrency is a kind, and technology o hindi na haha!! I am not sure that many of cryptocurrency and it is to invest |
|
|
|
|
|
Macai
|
|
July 07, 2018, 07:20:31 AM |
|
My country men are very wise in handling money and investments, so i have seen plenty of our population are involve in crypto currencies, they are infact several who are stake holders of different coins so you can buy coins as much as you can and as many different coins as you can. And that makes later on a cashless country.
|
|
|
|
|
moshk555
Member
Offline
Activity: 224
Merit: 10
|
|
July 08, 2018, 09:07:26 PM |
|
When you look at the term of a cashless society you immediately have a pessimistic view of the future, I think the right words to coin this term would be a totally digitized society where information cannot be corrupted by physical means which is our primary constraint. This is better since records cannot be lost and fettered with.
|
|
|
|
|
|
fullhdpixel
|
|
July 09, 2018, 06:56:51 AM |
|
For me, it can happen, but the percentage on digital money equal to a cashless society is very meager. We all know that there is only a few establishments that are accepting bitcoin comparing to that establishment and companies that are accepting bitcoin as payment. Also, the acceptance of bitcoin is still meager even it is accessible and expensive. Maybe in the future, digital money is equal to cashless society if bitcoin and another cryptocurrency become legal and the acceptance grow.
We use digital money for transactions as payment method in different places where it is accepting as currency. Furthermore it helps us in fastest transactions within seconds and can easily handle from our wallet anytime and does not have to wait for banks. This brought decrease in the business of banks and paper notes because it is now the well of people to be a part of Bitcoin. Lets have a look to the money related works where we use traditionally our fiat currencies and now we have entered into the modern technological world where we do not need cash and can use digital system anytime from anywhere with successful payments or transactions within seconds. It is our mindset to attract towards comfortable and abundant sources or resources which are in our good. Therefore we do not need cash more but like to have digital technology more. |
|
|
|
|
Camorra Dev
|
|
July 09, 2018, 10:05:18 AM |
|
Digital money has become an integral part of many modern people. Credit cards and ordinary documents have already migrated to the digital world. The transition to fully electronic money is only a matter of time.
|
|
|
|
|
Acsirp
Newbie
Offline
Activity: 126
Merit: 0
|
|
July 09, 2018, 11:33:55 AM |
|
If the government will recognize that cryptocurrency especially bitcoin will be legit and the business sectors accept cryptocurrency in highly urbanized places around the world and you are now using the cryptos and bitcoin for payments and other transactions,then we can say that we are now using the digital money and we are now in the cashless society.
|
|
|
|
|
trespiclof
Newbie
Offline
Activity: 196
Merit: 0
|
|
July 09, 2018, 12:47:00 PM |
|
If the government will recognize that cryptocurrency especially bitcoin will be legit and the business sectors accept cryptocurrency in highly urbanized places around the world and you are now using the cryptos and bitcoin for payments and other transactions,then we can say that we are now using the digital money and we are now in the cashless society.
I think that bitcoin is overvalued. It is historical issue... sometimes competitors better than "creator of idea" And next generation of tokens can replace the cash and will will step over semi-cashless period and get into digital world. |
|
|
|
|
jgaspar
Member
Offline
Activity: 239
Merit: 10
|
|
July 09, 2018, 01:32:15 PM |
|
I have heard something that even in the Bible it says that in the last days there will be no more cash money, so I'm thinking that the future is quite predictable, from this perspective. We are heading towards cashless society.
|
|
|
|
|
letsfly
Member
Offline
Activity: 350
Merit: 10
|
|
July 09, 2018, 01:57:11 PM |
|
This is true, especially nowadays that cashless transaction are highly encourage and internet is almost everywhere. It is convenient compare to bringing cash and hopefully digital money will be accepted in more transactions.
|
|
|
|
HasiViraj
Member
Offline
Activity: 322
Merit: 10
|
|
July 09, 2018, 02:05:40 PM |
|
Advanced cash is an awesome advance towards a cashless society.Mostly every nation these days is meaning to be cashless and for this administrations are giving diverse ways.Debit cards and Master cards are currently common.Many distinctive applications are these days utilized for paying bills on the web. These days relatively every bill can be paid online whether it is a telephone charge, power charge etc.This is simply to decrease the utilization of money. Bitcoin is one of the best computerized money of present time yet at the same time it isn't lawful in numerous countries.If in future it is proclaimed as legitimate cash then it can likewise be great approach towards a cashless society.
|
|
|
|
|
|
tranquangvinh
|
|
July 09, 2018, 02:12:50 PM |
|
Note: See on the right side of each post (top right corner) there is "+Merits"
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 ??
The government in my country has banned the digital currency because of fears it could adversely affect the country's economy but due to the influence of blockchain technology , he has started to expand digital money policy . Although my country's citizens are not allowed to use bitcoins like the Chinese and developing countries, but in the future i predict we will be using it legally. |
|
|
|
|
muratdur
Member
Offline
Activity: 182
Merit: 10
|
|
July 09, 2018, 02:18:19 PM |
|
For a long time already there was a conversations about the dismissing of cash money, and most of the economists in the world 100 years ago were agreeing about the worth less of cash money system.
|
|
|
|
Princess04ka
Member
Offline
Activity: 180
Merit: 10
|
|
July 09, 2018, 02:36:08 PM |
|
For a long time already there was a conversations about the dismissing of cash money, and most of the economists in the world 100 years ago were agreeing about the worth less of cash money system.
If we are going to use only digital money... and dont need paper one... (so there are no costs for printing....) Can we believe that system is going to be fully decentralized? |
|
|
|
|
satriagedhe
Member
Offline
Activity: 250
Merit: 10
|
|
July 09, 2018, 03:39:10 PM |
|
and i think cashless society is not bad thing , i mean that keep us from theft on the street etc , and also because cashless then it has no physical form and it will not be destoryed
|
|
|
|
|
rimueng agam
Member
Offline
Activity: 322
Merit: 10
|
|
July 09, 2018, 04:16:49 PM |
|
Indeed, in the digital eye it is as if people do not have money but when he has a lot of money in store in surau wallets in the form of assets, because the digital eye is not in print so many people who think those who have a digital currency has no money
|
|
|
|
|
HasithaM
Newbie
Offline
Activity: 126
Merit: 0
|
|
July 09, 2018, 05:20:10 PM |
|
A general public can't be called totally cashless society regardless of whether it is for the most part utilizing computerized cash. We can't at present deny the way that we require the paper cash to direct the economy of our nation and to distinguish us that the money we are utilizing is has a place with that society. It is extremely typical these days everywhere throughout the world to utilize cashless method of exchanges yet it wouldn't decide the general public to be as cashless.
|
|
|
|
|
|
