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Author Topic: Digital money is cashless society  (Read 2826 times)
awosesun
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September 15, 2018, 10:12:18 PM
 #321

Digital money is the same as cashless like you rigtly said, its just that crypto is decentralized but the word cashless does not mean decentralized.
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September 15, 2018, 10:43:27 PM
 #322

Perhaps the full transition of the world to digital money will not happen very quickly and soon, especially given the fact that the world is very unevenly developed. There is a huge number of cities where not only problems with non-cash payment, but also with the Internet in principle.

I don’t think it could be fully implemented for now. There are still a lot to research and develop with regards with this matter. Many are still not into the use of digital currency. Some do not have the capability to be able to get access for it.

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goaldigger
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September 15, 2018, 11:04:38 PM
 #323

Oh yeah, i see it on chinese series. They started to have a cashless society by the form of QR codes linked on their credit card or debit card. They used it to buy online , buy physical and even paying on a restaurant. As i see, cashless society is our next era and i dont see any wrong about that.

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Vickyrichy
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September 16, 2018, 12:01:52 AM
 #324

Bitcoin is definitely part of digital money. It runs on a peer to peer system which helps in easy and secure transaction of goods and services. Bitcoin is a digital currency.
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September 16, 2018, 12:13:26 AM
 #325

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.

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





China does have great intelligence in the fields of industry and technology, they are always advancing and developing rapidly, but in my country technology is accepted, but people who are smart in technology are very few and China is as fast and as strong as the others developed. the country is too slow in achieving progress but we have a lot of work and art. that in bitcoin my country is developing not fast.
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September 16, 2018, 02:51:00 AM
 #326

When your belief in the bitcoin market is big enough, the bitcoin price decreases, it's your chance to buy more.
if everyone already knows and invests in the world of bitcoin everyone will use digital money instead of cash.
First77 (OP)
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September 16, 2018, 01:25:44 PM
 #327

Digital = paperless. When you pay bills online you do not get paper bill. When you store your data on a computer, you do not need books.
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September 16, 2018, 01:29:01 PM
 #328

that's right bro. even we are easier to cancel transactions. especially when we visit abroad without having to exchange banknotes. we can make transactions using digital currency. especially in countries that have joined bitcoin
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September 16, 2018, 01:29:57 PM
 #329

Digital money is certainly good our time, at a time when special development have cryptocurrency, very help to work, it has become much easier, it is only on the popularity and development.

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September 16, 2018, 01:41:17 PM
 #330

When your belief in the bitcoin market is big enough, the bitcoin price decreases, it's your chance to buy more.
if everyone already knows and invests in the world of bitcoin everyone will use digital money instead of cash.
but now there are still many people who deny the existence of bitcoin, many people who use bitcoin just to get money only and do not see how the system in it is so extraordinary

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September 16, 2018, 02:24:55 PM
 #331

It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.

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.

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.

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



In my country, the usage of digital money is still not evenly distributed, i think is because the people itself majority is still not aware with the usage of digital money.


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September 16, 2018, 03:49:11 PM
 #332

There are some parts in my country who uses the digital money it is like an urbanized area where you will use your phone because you need to scan a QR code there are so many merchants and stores and even stalls who uses and accepts the digital currency as a payment and even in our transportation but there are still who don't use it. if bitcoin will be regulated and will be accepted in our country well it is a good thing to us.
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September 16, 2018, 05:58:53 PM
 #333

My country is moving towards cashless society. But government has not allowed BTC  as legal tender while people are shifting towards it .So may be in coming years people start to use it for becoming cashless society.
Our society slowly moves towards digital world. And in this cryptocurrency like bitcoin help our society. Every one wants love cashless methods of shopping and in this time they also want a safe secure and trusted medium for their transaction. Bitcoin is perfect option for this and bitcoin is also famous for this kind of safe, secure transaction and bitcoin also charge less transaction cost. Because of this above features of bitcoin many online retailers and small business use it for their business purposes. Bitcoin also use for online tickets booking and hotel booking, for monthly rents etc.

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