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Author Topic: will humanity stop using cash  (Read 3990 times)
Mahanton
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October 07, 2018, 05:46:42 AM
 #81

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.
Emotions connected to cash system? Lol!

I'd rather believe that people get used to it since cash was being used and as long theres government who do imprints and do make use of this system then this wont really vanish for sure even
how many good innovations would be created when it comes to payment system.

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October 07, 2018, 05:51:06 AM
 #82

I think for some reason cash will still be in use even in the distant future. The value of bitcoin is in cash $ as well as every other crypto, so I believe even if we are going to be using cards and cryptos for major transactions in the future cash will still be very much accepted.
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October 07, 2018, 06:04:27 AM
 #83

I do not think that we will soon fully switch to the use of cryptocurrency in our lives. The volume of use of cryptocurrency will expand, but its level of application will not exceed the amount of use of non-cash and cash. I can’t say how soon it will be in high-income countries and industrialized countries, but in other countries cash will exist for a very long time. The world as a whole is not ready yet to refuse cash.
nidacoinlove
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October 07, 2018, 06:14:20 AM
 #84

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.
Emotions connected to cash system? Lol!

I'd rather believe that people get used to it since cash was being used and as long theres government who do imprints and do make use of this system then this wont really vanish for sure even
how many good innovations would be created when it comes to payment system.
I don't think emotions have something to do with cash payments. It is the ease that humans are fond of. Paying cash is a lot easier than paying with a device and waiting for the transaction to confirm. If in future we could get some better version than it is possible to use crypto instead of cash.
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October 07, 2018, 06:24:37 AM
 #85

Presently, there are countries that are not using cash already and they used credit card/debit card to pay everything or to buy anything they want. Here is the list of top 10 countries that are cashless https://www.telegraph.co.uk/money/future-of-money/10-cashless-countries-world-does-uk-rank/ those countries belong to the 1st class countries.

This is one indicator that cashless world is really possible, not in an instant but takes many years for people to adopt this huge change and the future is using cryptocurrencies. Yes, people will doubt at first but once the majority of the community will be using cryptocurrencies I'm pretty sure people who are not into crypto will be curious and give the confidence to be part of the change in the society.

Education is the key for everybody to have confidence in participating cryptocurrencies!
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October 07, 2018, 06:53:26 AM
 #86

I don't think this is something that will happen anytime soon. There are a lot of countries where crypto are still not accepted and even in the ones that they are accepted, with still have even the young people population that don't believe in crypto even though this kind of process is basically dependent on the government policy but I don't see this happening soon.
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October 10, 2018, 07:05:46 AM
 #87

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.
It is possible but it will take long time. Today in many countries people have started using digital currency and China is on top of them. Gradually the whole world will start using crypto currency and there would be no cash circulating in the markets. As we use credit and debit cards everywhere and there is no cash in our pockets, in the future digital currency will take place of these cards.
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October 10, 2018, 07:09:23 AM
 #88

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.
In the future its possible maybe 100 years from now.

Today, its impossible that humanity will stop using cash. There are still people who aren't oriented with technology and isn't aware of cashless society.

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October 10, 2018, 07:13:48 AM
 #89

Not agree that cash using will stop in the world but it's use can be reduced through crypto and digital money like credit cards and debit cards and all humanity can not afford crypto currencies and for now it should be easy to understand that we have cash we can go every where and buy things every where.

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October 10, 2018, 07:28:54 AM
 #90

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

Why not ? I am very sure this can happen. for me, I believe that technology has existed and applied before. For example, I believe that before cash is available, most people in the world make purchases and sales in other ways. but now, people are used to using cash. and when cash is available. there are innovations with t-cash, virtual money, and all the cards you use to shop.
it's just a matter of improvisation and adaptation. and counseling that must be done diligently.
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October 10, 2018, 07:34:23 AM
 #91

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's more likely that money will disappear than people will stop using cash. Cash, collectible coins, gold bars. Sure to be something to this, until the money has relevance. But I hope that we will evolve as Jacques fresco wanted and that we will not need to exchange money. We will live like in Paradise, building our Paradise on this planet.
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October 10, 2018, 07:35:06 AM
 #92

Cash will dissapear because it’s a way to evaded taxes , money laundering etc once everyone is with electronic we will be controlled 100 percent . That is why crypto will be huge specially private oriented coins because they will be the safe alternative to cash

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October 10, 2018, 08:06:41 AM
 #93

This is a trend, but it will take some time to achieve, and it is now uncertain which currency will become the mainstream payment currency in the future
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October 10, 2018, 08:21:39 AM
 #94

When you talk about humanity, you equally talk about those living in undeveloped world, that technology may not get to some places even in Million years to come and in such places paying with cash is easier and better understood. It would be a lovely thing to totally get rid of cash but its possibility is something that is not fathomable

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October 10, 2018, 08:24:07 AM
 #95

In some countries, cashless society has basically been realized, but it may take 3-5 years for it to be popularized around the world, and some countries I think there is no way to achieve it. This has a premise that is their foundation network needs to be perfect, but in many backward countries, even the network has not yet become popular.
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October 10, 2018, 08:31:19 AM
 #96

Now with the advancement of technology, it has become a reality in a little bit.And the cryptocurrency will slowly be accepted by everyone.It will be very convenient no matter where people go.
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October 10, 2018, 08:33:02 AM
 #97

Cash will die only when it will be possible to pay with digital money absolutely everywhere, that is, not soon, maybe in 50 years it will be possible to talk about it slowly, but not before.
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October 10, 2018, 08:38:32 AM
 #98

Cash will die only when it will be possible to pay with digital money absolutely everywhere, that is, not soon, maybe in 50 years it will be possible to talk about it slowly, but not before.

yeah, but it going to happen. lets take Swiss as example. they are totally removing cash payments already. other countries will follow.
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October 10, 2018, 08:44:10 AM
 #99

I think there is a possibility that it might happen in the future, but Im not sure if it is near since there are still a lot of countries that are not that high in technology. Since if you have to rely on crypto and cards for payment, it will also mean that everything has connection to internet and have some gadget to work with the transaction.

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October 10, 2018, 08:59:57 AM
 #100

I'm trying to imagine how this going to happen considering the fact that so many people aren't being technology inclined. Using physical cash requires no knowledge as compared to crypto that required a basic knowledge in tech and other related fields. Eg. How an old lady in my community will be able to use metamask or ImTokens to make transaction lol Smiley . I believe it's going to take a lot of years for this revolution with so much invested in crypto education

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