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Author Topic: will humanity stop using cash  (Read 3990 times)
Ciidoctor
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September 18, 2018, 09:23:58 PM
 #21

i think that will need many years the main problem is the volatility of altcoins and also the strict rules of some countries like us
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September 18, 2018, 09:36:01 PM
 #22

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
Cashless Society is possible but not doable I think. Not all people will go for it unless it will be mandated by all the governments in every country. It will go a long way before one country will go cashless because a country is identified through their monetary system. Cryptocurrency is a good start to have an alternative way to transact which is cashless.
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September 18, 2018, 09:56:38 PM
 #23

I do not think humanity will stopusing cash because it’s not o ku unique
But it is the best across every country
Bitcoin and crypto currency is truly good
But it has my taking over the world yet
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September 18, 2018, 10:12:41 PM
 #24

Humanity don't give up using cash because they have to be so because of their economic habits and regional conditions. At least in some parts of the world will  use of cash continues.
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September 18, 2018, 10:20:28 PM
 #25

That chance is possible, as long as the system and the network to support the utilization of those digital currency available globally.
If not, there won't be a chance for it to be done.

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September 18, 2018, 10:29:50 PM
 #26

We as a cryptocurrency holder wants this kind of life full time given that we are aware on the cashless society itself. On he other hand, people would go cashless if the society or the government asks for it. If all the resources are complete and promotes more of a wire transfer than fiat , then cashless society begins.

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September 18, 2018, 10:32:52 PM
 #27

we already use much more digital money through our cards, the differences are the services we have to pay for this.
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September 18, 2018, 10:40:55 PM
 #28

I think it will not happen that humanity does not use cash. If you do not use cash, how much will people spend in their daily lives? I think even if life develops, applying technology 4.0, still need cash in daily life.
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September 18, 2018, 10:45:42 PM
 #29

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
There are a lot of advance countries that has been experimenting a cashless society. The World’s First Cashless Society Is Here – A Totalitarian’s Dream Come True. So we are getting closer than you think. However, I don't see fiat getting instinct, some 3rd world countries still rely on the old traditional banking system. As for the future of crypto, its really looks good and it will continue to grow but, I'm not sure if it will make banking systems obsolete.

They lack of the development, remember it looks impossible to replace fiat money consider it's backed by the regulators and we known the regulators have so many abilities to do anything to create any restriction or even more.
Even the major country just like USA will still use the traditional system in the future. They are still needed the fiat as the direct payment system.

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September 18, 2018, 10:51:35 PM
 #30

Yes, there will be a cashless society in the future, but unfortunately they are still using centralized services, for example in china they use Alipay to pay things without the need of carrying cash, same goes in korea they use line so I don't think that decentralized ones will take over the cashless society.

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September 19, 2018, 03:53:25 PM
 #31

I dont think that cash will disappear in near future. Because cash has its specific convenient. If you want to buy somethings that price are just a few cents in the market, it's weird when you use credit cards, even cryptocurrency credit cards. Payment cards will be more popular in the future but I think people will not abuse it.
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September 19, 2018, 04:12:55 PM
 #32

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 10 years from now, cash money will disappear and everything will be paid by digital money.
That's why we are here, cryptocurrency is the one of the strongest candidate for future digital money
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September 19, 2018, 04:15:46 PM
 #33

Yes, there will be a cashless society in the future, but unfortunately they are still using centralized services, for example in china they use Alipay to pay things without the need of carrying cash, same goes in korea they use line so I don't think that decentralized ones will take over the cashless society.
Correct, centralized service is one to have a priority in our government of course and that's impossible to happen that to become cashless by using crypto if it is still decentralized in society. It will never happen that traditional money will replace digital money like crypto. However, probably digital currency is another existence currency or the alternate currency of paper money.
Even using cards there are still having an offline transaction that you must use cash, and cashless is impossible to happen.

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September 19, 2018, 04:32:15 PM
 #34

crypto's future in my opinion is very clear because why crypto has developed and I am sure it will not die, it is likely to defeat cash, because crypto money is not too risky

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September 19, 2018, 05:17:36 PM
 #35

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
it might happen in the future, as you can see, technology is evolving, and every people in the world is using anything as long as it is convenient. technology can make that happen maybe after a few more years.

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September 19, 2018, 05:31:20 PM
 #36

The name money is a symbol that in humans we qualify and characterize and in my opinion the paper or plastic can be replaced by chips, metalic cards or even digital transactions with cryptocurrency. Now regarding the time of cryptocurrency, I do not believe it has an end because the Billions of dollars that are in the current market will not disappear from nowhere without the consent of all. In technical terms the use of cryptocurrency is approved by many and soon we can find its mass use in everyday life in real life.
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September 20, 2018, 05:30:24 AM
 #37

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
The time is coming when cash will no longer be useful as the world is advancing so much technologically there will be a lot of things that will be going out and cash will be one of them. Most of the things will be done online by then that no one would want to carry cash around. Cryptocurrencies would be a faster and more effective way to making payments and carrying out transactions

 
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September 20, 2018, 08:17:08 AM
 #38

Yes, this is very good, environmental protection saves resources. But this may take a long process, especially in some backward countries in Africa.
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September 20, 2018, 08:50:23 AM
 #39

I believe that the crypto-currency world will develop, and once even the government will accept this and in many developed countries it will be an ordinary means of payment.Personally, I believe in it wholeheartedly.But I do not think that we will completely forget about the Fiat funds.Yes,we already use them much less, but I think it will not be so easy to replace them completely.And the principle I believe this is not necessary.

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September 20, 2018, 09:07:23 AM
 #40

Yes, there is possibilities towards it. But it will takes a long way, there are many requirement for that possibilities to happen.
We need to educate everyone to be able to understand about that digital currency, and it also need a lot of infrastructure that could support the usage of that digital currency.
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