Obeng minn
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April 27, 2018, 02:40:36 AM |
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Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
I do not imagine this. the problem is still a lot of people who do not know the new technology. in the sense that there are still many remote areas that have not been reached by the internet. this becomes an obstacle when not using cash.
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camito
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April 27, 2018, 02:42:37 AM |
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Yes it would be easy and more convenient if we only use one currency all over the world and to use only smartphones in order to pay or make a transaction is indeed hassle free but, it would only be possible if all countries will accept bitcoin and altcoins. It will also be possible if all people can access the internet and has gadgets like smartphones, or laptops but not all people have this kind gadgets, not all of us can have access to internet. Also not all people do not know how it bitcoin works especially beggars who only rely to fiat money (cash) in they use to buy foods, clothes or the things they needed in order to live and survive.
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───[ DAEFROM ]─── ─────────────[ Stable PoW Platform Based On Ethash Protocol With Its Own Features ]───────────── ───[ DAEFROM.COM ]──
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Ampong2121
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April 27, 2018, 03:05:07 AM |
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Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
It is actually happening now. Cashless society is also the new innovations of the governments. In most countries, they are just using card to purchase and even online transactions. Nowadays, everything is going to be cashless. Yes its true, its happening right now, because we are in technology base and lot of people using cellphone, people are also buying online, paying online so that it will not waste their time in falling in line in market or to pay their bills. Hassle free if all the country will use cashless society because we will just tap on our phone and thats it we can buy and pay our bills.
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Sidilatte07
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April 27, 2018, 03:13:42 AM |
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If this happens I will be sure the operating system about a country's economy will get a lot of trouble. Because we need to know at this time the world still needs something that can be accessed to the corners of the country. There are still many who are not familiar with the meaning of technology and have not been able to access. I am sure if all the society can do that world without money will run effectively and do easier transaction simple and safe.
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Google+
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April 27, 2018, 04:05:32 AM Last edit: April 27, 2018, 07:09:20 AM by Google+ |
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Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
if among the public have started to reduce the use of cash and prefer to use digital currency like this surely bitcoin likely payment will be safer and more comfortable not only the name of the coin as bitcoin and others surely will be affected by the outbreak of his that makes its price rose to very expensive.
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demonz666
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April 27, 2018, 05:54:54 AM |
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Just imagining it feels good to us in the digital age. All transactions we just do by pressing hp or gadget we do not need to leave the house and queue. but realizing this is not an easy matter. Currently there are many countries that do not know about bitcoin and cryptocurrency. Also they have not gotten internet access yet. So they still do the traditional buying. It takes a long time to make it happen.
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Ondongeric18
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April 27, 2018, 07:03:12 AM |
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I would vote for a totally cashless society, no need for anything, no currency just humans sharing for survival of all human kind. Yet this cashless society meant here is probably not what I thought of. This is more conclusive to mean the use of cryptocurrencies. Well it also good and I like the idea. But I think we will have problems in this system. What if your accounts was hacked, how would you buy food. We know for a fact that the technologies we have now have gone miles into developing new and safer method of payment system like bitcoin. But hackers have also evolved to become even more technologically advanced. They were like rats trapped in a wooded box. Time will come they will eat their way out. So I think in my own lowly understanding a cashless society would be a bit hard to implement with the system that we have for now.
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Ilegendph
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April 27, 2018, 07:18:16 AM |
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Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
In Shenzhen China, they are already a cashless society even without the aid of cryptocurrencies. They use their phones to pay bills and buy commodities. But their personal information is compromised since their information can be shared to anyone. And I believe that if cryptocurrency comes in place and use in the system, this problem would be solved and it will like a normal payment without sharing your personal information.
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Craigjohnstone
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April 27, 2018, 07:47:10 AM |
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I don’t think this is hard to imagine at all, in the UK you can easily have a period of time without cash. Contactless payment and Apple Pay make it easy for you to achieve this, physical fiat money is nearly obcelete. Fiat money has has become a number on your screen which you spend. It has a lot of parallels with crypto.
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ClackKendi
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April 27, 2018, 07:47:22 AM |
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It is interesting if the society does not use cash but has some limited but very convenient and modern points, and it is sure that then the card scan will replace the paper money and the wallet will always be in posture the safest.
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no0dlepunk
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April 27, 2018, 07:51:45 AM |
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Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
It is happening now, doesn't it? although you cannot force the entire populace to be involve with this "cash-less-society" because there are still some folks who wants to keep the primitive lifestyle and that is something we should respect. I have been using coins.ph and believe me I am almost cash-less because most of my necessities were paid via the app... I pay electricity and water bills using it and etc... etc... Sooner or very sooner, your vision will be reality.
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Singbatak
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April 27, 2018, 07:55:27 AM |
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If so, people are not miserable. There is no hunger and robbery. There is no man who is greedy and has love for each other. There is nothing called rich and poor. And I like this kind of society.
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Spain2000
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April 27, 2018, 08:07:43 AM |
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Cash is also very important for us and with out cash in the present time it will create a panic in the society and if i imagine a cashless society then every thing will be online and every where online activities will takes place while those who have no cash then they will done all things over the internet and there will be no offline work but in our country i think cash is also important and with cashless many poor people don't know the use of internet and stuff.
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Betwrong
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April 27, 2018, 08:40:15 AM |
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I strongly believe this can happen in the future , In fact in near future . But crypto currency overall still have some flaws that need to be taking care of before that can happen . The biggest flaw is the security for average persons , Just look at what happened 2 days ago MWE dns got attacked and people was redirecting to a phishing site , Now I now that most people will notice that the SSL is not secure but what about the average person ! They will probably fall in this phishing site the attack was for few hours and the attacker managed to get 215 ETH i think from victim people . I dream of a blockchain where people can revers transaction by vote , And I believe it will happen in the future , Because seeing the attacker wallet with the money on it and knowing you can not do anything about it is kinds hurting .
I agree, the safety of an average person's funds is the problem that has to be solved before we can think about cashless society. Although it looks like it was easy to avoid stealing of your ETH with the latest MEW's DNS hack (by checking is there a green bar SSL certificate that says ‘MyEtherWallet Inc’ ), I agree that hackers should not have the money in the end. I think maybe something like the following should be implemented: if someone attempts to withdraw more than 50% of their funds from a wallet containing over $1,000, the withdrawal should not be processed immediately, it should be halted until the owner confirms via e-mail that the withdrawal is legit.
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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Guryon_master
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April 27, 2018, 08:45:16 AM |
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Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
I like the concept of cashless society, as you said already a time consuming, no need to go and fill the line depends on what transaction you you are doing, just use your phone and that's it. I believe this will be the future of the world and everyone will satisfy the new service.
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BertoloyBTC
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April 27, 2018, 09:03:54 AM |
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If bitcoin will be accepted by some establishment around the world then , this the time that we will not bring any cash to our transactions, if this will happen then we can felel as cashless transactions , and if people get use of this inthe community then we are now experiencing a cashless society.
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Maestro75
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April 27, 2018, 10:48:37 AM |
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Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
This total cashless society thing is why bitcoin won't be a generally accepted mode of payment because it is not going to even be possible. I mean, there are people who can't deal with the internet because of their illiteracy level. How is that now going to happen when not everybody can read and write? Besides bitcoin, fiat can't even achieve such cashless feat.
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ajaymukund
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April 27, 2018, 10:58:02 AM |
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Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
In the future everything will become faster and more convenient. So this can happen. Because people are more in demand than in the past and demanding creative people to help society. So this is a great opportunity for bitcoin to show its usefulness to society. It will defeat the cumbersome banking system and become the largest market in the world.
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kaizerblitz
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April 27, 2018, 11:16:00 AM |
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I think in my country there are now getting start up for cashless society it's a great idea of technology today and maybe in the future they will see the use of block chain technology it can help big.
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azguard2
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April 27, 2018, 11:21:54 AM |
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In some point we are in cashless society, for example most of us use cards and when you do you pay without cash, off course many consider that crypto is true meaning of cashless but technically when we pay with our payment card of any kind we are in some way in this cashless world. The less we have to use cash the better, but this is something that will have to wait very long time to be completely cashless.
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