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Author Topic: will humanity stop using cash  (Read 3990 times)
o.ogurlu
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September 20, 2018, 04:07:35 PM
 #61

I don't think the people will stop the using cash in near future. But with the continued growth of cryptocurrency, I believe that people will start choose crypto coins instead of cash. But I think that such a thing will happen at least 5-6 years later.
CircularLoGic
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September 20, 2018, 04:15:41 PM
 #62

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
Well, I think that cryptocurreny is the future,governments will have to accept this and issue their own coins. Blockchain is a great technology, it will allow to trace money flows and have more control, as coins can not be faked. However, cash and other anonymous cryptocurrencies will be in demand in the underground economy.

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September 20, 2018, 04:18:53 PM
 #63

I think that the cash will remain, and will continue to walk in society for a very long time. Non-cash forms of settlements will develop, the crypto currency will also develop and everything will go in parallel. In each of these forms of cash settlements: cash, cashless money and crypto currency have their advantages and disadvantages. Therefore, all of them will walk simultaneously and complement each other.
travwill
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September 20, 2018, 04:25:19 PM
 #64

Perhaps it will happen someday when people do not need money, people should give up the concept of personal gain and personal enrichment and then it can happen

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boolog
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September 20, 2018, 04:31:28 PM
 #65

to a moneyless society it is certainly still a long and frightening way. it will certainly take many more years until mankind is ready and many have to change. i would not expect anything like that in the next 100 years, unless it happens something unexpected.

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XLadyX
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September 20, 2018, 10:26:04 PM
 #66

Yes, this is very good, environmental protection saves resources. But this may take a long process, especially in some backward countries in Africa.

I have no idea why you'd call any country backward. Underdeveloped? Yes. But not backwards. Please let's be respectful.
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October 07, 2018, 02:03:20 AM
 #67

I also think there and it requires the right time for all of them and you can check later when our hair turns white.
Now also in the country I have used a lot of cards for every purchase of goods and it has been proven that cash will soon become extinct.

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cryptoman1ac
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October 07, 2018, 02:13:26 AM
 #68

It is not impossible but at least in a hundred years from now, maybe. Not all countries are much developed as compared to those giant countries like  China. But I say I support this change.

nreal
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October 07, 2018, 02:20:51 AM
 #69

I look forward to a future where humanity does not use cash. I think China is a pioneer country does not use cash. I read an article, beggar in China also use electronic payment system.

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October 07, 2018, 02:34:58 AM
 #70

It is not impossible but at least in a hundred years from now, maybe. Not all countries are much developed as compared to those giant countries like  China. But I say I support this change.

I think it would take a long time before people would be able to shift to a cashless society because as what you said, not all countries are as progressive as China and other developed countries wherein they can easily shift to cashless society because some of them are totally using a card nowadays or an app wherein you can pay through your phone and no need to bring cash. However, in countries where it is hard to even access an internet connection then it would be hard to stop using cash.

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October 07, 2018, 03:01:20 AM
 #71

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

      Digital currency is very suit to use for payments in large transactions and cryptocurrencies is purely digital so  it can be apply on it , but it depends on adoption of those people involved in large transactions like import and export business .
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October 07, 2018, 03:06:55 AM
 #72

if in my opinion, almost everyone has started to like making non-cash transactions, bro. because they consider carrying large amounts of cash when they are in doubt that transactions are more risky with robbers and so on. especially now that the world of bitcoin is present ..the easier it is to make transactions both domestically and abroad, bro.
stevanGR
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October 07, 2018, 03:11:50 AM
 #73

that is possible in the future. many people will change from cash to cashless payment system. it can be effective for our life
for example, can avoid from thief or any bad things

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October 07, 2018, 03:24:35 AM
 #74

There is no possibility for humanity to stop the use of Cash, Cash currently is the most official and valid way of making exchange.
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October 07, 2018, 05:25:58 AM
 #75

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 may but not all and it also takes a lot of time because not of us are good in technology and some countries cannot handle great technology because their fund was not good enough to sustain those kind of activity hence cashless world may seem cruel because there is a lot of people who knew hacking and it may seems risky for everyone to store their money online.
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October 07, 2018, 05:28:51 AM
 #76

Digital money will support payment, not completely replace the cash! As a result, cash will still be widely used, and there will be no major changes in the coming time.
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October 07, 2018, 05:36:58 AM
 #77

Of course, developed countries will adopt cryptocurrency in the future, and this can be an alternative payment. Cash will still be used for payment because not all countries have the same rules regarding using cryptocurrency
exchangestolemycoins
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October 07, 2018, 05:41:11 AM
 #78

Think about this: printed notes with a QR code that has a private key to a wallet with x coins assigned to it. Paper cash functionality on top of any blockchain.
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October 07, 2018, 05:43:25 AM
 #79

Nope! humanity is never going to stop using cash, cash has its own special feeeling it gives and that makes humans emotion connected to it.

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October 07, 2018, 05:44:23 AM
 #80

In the near future, humanity will not fully switch to the use of cryptocurrency. All forms of payment - cash, non-cash money and cryptocurrency will exist simultaneously. And I also do not see that the advantage in the volume of such use will belong to cryptocurrency. However, this will depend on how the further improvement of cryptocurrency will go. The use of cryptocurrency fully depends on the availability of appropriate technical tools and the Internet, and is also very susceptible to various kinds of malicious programs, hacker attacks, etc. Also, to use it, you need appropriate knowledge and certain practical skills. All this will prevent a full transition to the use of cryptocurrency.
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