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Author Topic: will humanity stop using cash  (Read 3990 times)
djuragan
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October 10, 2018, 03:49:40 PM
 #141

There is possibilities toward that point. cause it would be more simple to use cashless payment over any kind of transaction, cause the current cash payment require us to carry so much money if we need to purchase something a bit expensive, and that is a big potential thread or security issue.


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October 10, 2018, 03:51:27 PM
 #142

Cash is our history and this peroid will be in the humanity's history for all the time but I consider that crypto will replace cash, it is more comfortable and convincing.

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October 10, 2018, 03:56:15 PM
 #143

In many old science fiction films where the plot takes place in the future, instead of money, conditional credits are used. I think that the authors of these films were right, and mankind will come to this very soon in the coming time.
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October 10, 2018, 04:08:45 PM
 #144

I am more than confident that in the future it will happen like this, and the cryptocurrency market will win cash and our future generation will still laugh with us that we used paper money in the 21st century

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October 10, 2018, 04:53:08 PM
 #145

We can't predict what would happen in future, but considering present situation, it is clear that there are still hundreds of millions of people living under poverty line and they don't have computer and internet, so cash would be indispensable in future too.

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October 10, 2018, 04:58:21 PM
 #146

Although the future is not predictable but I don't think cash will go into extinction reason being that there are so many nations of the world that are not really technologically inclined. The possibility of this happening is very slim. It is quite feasible in the advancedand developed countries but what about the developing and the underdeveloped countries? 
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October 10, 2018, 05:00:51 PM
 #147

I have a vivid discussion with my friends lately. They say that one day people will forget what cash is and they will start use card only. Then the era of the changed and innovated cryptocurrency world comes, and we will stop using money and switch on crypto coins only. They say it might take twenty or thirty years, maybe longer, but it is a sure thing to happen, they have no doubts about it. I am not so sure... well, people might give up using cash as it is not that convenient, but giving up money as whole? I really really doubt it, it seems so impossible for me. What do you think? Maybe we will start using something brand new, neither cash nor cards? What is the future of the cryptocurrency world, anyway? Will it die in fifty, sixty years or it is going to be a thing that will live forever? Let's dream for a while Smiley

Yes, I think it's quite possible. But it will be a very different humanity, a different generation - without constant wars, hunger in Africa and inequality. Now we can't completely give up cash because people are too stupid - that's my main answer.

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October 10, 2018, 05:01:41 PM
 #148

I do not think fiat (cash) will come to an end
It is the basis of livelihood and day to day activities
It aids every nations economy and cannot be underestimated either

Crypto currency, Blockchain and cash will do their part differently to making the world a better future
Nevertheless don’t underestimate no one
DinaPalamarchuk
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October 10, 2018, 05:03:20 PM
 #149

I believe that in the near future, mankind will refuse fiat money. Because electronic money is much more convenient and practical.
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October 10, 2018, 05:08:17 PM
 #150

We can't predict what would happen in future, but considering present situation, it is clear that there are still hundreds of millions of people living under poverty line and they don't have computer and internet, so cash would be indispensable in future too.

Definitely, there are hundreds of peoples who dont even know about cryptocurrency, real currency is still dominating in the entire world. I think it is impossible to give real money.

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October 10, 2018, 05:27:39 PM
 #151

The world is changing very rapidly and start-up money goes out of use with great progress. I believe that e-money and cryptocurrencies will dominate the world in the near future.

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October 10, 2018, 05:33:51 PM
 #152

in my opinion, in the future, crypto will be the currency that will be used officially around the world to replace Fiat money. slowly all governments in the world will realize that crypto is not dangerous and very profitable. there will be many projects that will be made by the government using blockchain technology.

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October 10, 2018, 05:37:16 PM
 #153

I think it's true. Humanity will soon cease to offer cash. It is much more convenient to use electronic money. I think that sooner or later, we will still switch to cryptocurrency.
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October 10, 2018, 05:41:23 PM
 #154

I find it hard to believe that in the future people will use cryptocurrencies as a means of payment. At the moment, cryptocurrencies are very inconvenient to use. Perhaps in the future they will come up with a cryptocurrency that will Eclipse cash, but this will require turning the minds of people around the world.

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October 10, 2018, 05:42:03 PM
 #155

I trust that later on it is conceivable that we will quit utilizing money. Be that as it may, it will take quite a while. On the record of the cryptographic money, I can likewise say that it won't go anyplace. It will proceed to create and maybe in numerous years it will be the primary methods for installment.
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October 10, 2018, 05:42:59 PM
 #156

This is in some countries where the internet has become very popular, for example in Korea when most of the payments are made using cards. But to integrate cryptocurrencies into payment cards is still a long way.

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October 10, 2018, 05:48:36 PM
 #157

I think that after a while we will stop using cash and I think we will use only digital money.
But I do not think that these will be cryptocurrency, we will probably use only credit bank cards.

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October 10, 2018, 05:51:55 PM
 #158

World will never losses cash,this will be with us forever since electronic money cant stand without internet

Imagine when the system collapsed and not available for weeks,what will happen to the worlds transactions?Paper money will the the back up on cryptocurrency when time comes that the adaption will be worldwide
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October 10, 2018, 06:15:13 PM
 #159

I think the world still needs conventional currency and it cannot be eliminated, because if it is eliminated it will cause inequality in society

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October 10, 2018, 06:15:31 PM
 #160

First, the rejection of cash, and in the end we will all be like in the movie "Time". I think that cryptocurrencies can be at their peak in 2020-30 years, and after they will be replaced by a newer and more technological financial system.

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