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Author Topic: will humanity stop using cash  (Read 3990 times)
chamika888
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October 11, 2018, 08:26:57 AM
 #181

I think no. Either you are a card user, cash, crypto. Use it wisely. Benefit of card resides solely of it ease but it is controlled and centralized. CASH is still the king and remains a such. CRYPTO is the future. If you are reading this post, evidently you know what  it means. You are part of the 5% and growing earth population that use crypto.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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ADgordo
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October 11, 2018, 08:30:01 AM
 #182

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

I think that is big possibility. Why we will need to use paper money in the future ? Already for me i dont have any cash for years i am taking my salary to my account from bank to bank and i am
continue paying with my credit card. So i think that is big possibilty and i think we dont need for tha 30 years more.
And surely after cashless economy crypto currencies can come to mainstream surely. I dont have any doubt for that.

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heleng05
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October 11, 2018, 08:34:23 AM
 #183

Yes of course it is possible for humans to not to use cash in the near future because if the growing technology of any country it can really happened in any days. And I think it would be easy to some people to adopt how to use online the future currency.

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October 11, 2018, 08:34:42 AM
Last edit: October 11, 2018, 12:10:46 PM by tee-rex
 #184

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 have been different forms of money, gold and silver, fiat and crypto. In the future, there can be more. But the form is not that important because money is not determined by its form but by what it does and how it is used. If something physical like coins and banknotes or immaterial like digits in a computer or on the blockchain, is used as a universal means of exchange, it is money by almost every definition out there. Without money, it would be barter, highly ineffective and inconvenient.
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October 11, 2018, 08:51:51 AM
 #185

We have now almost completely abandoned cash, all fixed costs are completely through the card or through an online Bank, payments for the apartment, electricity, water, shopping in the store, shopping online, travel and more. Cashless payments are really the future, but with the introduction of cryptocurrencies, they can also enter into our lives. A big plus of cryptocurrency is that anyone can earn it without making a big effort.
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October 11, 2018, 08:53:25 AM
 #186

Yes, this must be a trend, no one can stand. Banknotes waste resources and are not in line with future humans. This will be achieved in 10 years.
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October 11, 2018, 09:02:57 AM
 #187

No doubt about coins and crypto finance being more popular in the nearest future, but I don't believe it will permanently eliminate physical cash use. The world is too big,  there are still lot of places and people that doesn't even know about internet and it's usage.
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October 11, 2018, 09:04:15 AM
 #188

This is also my dream. I hope that in any future country, I can complete all payments by mobile phone or a card, instead of always changing the legal currency!

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October 11, 2018, 09:17:25 AM
 #189

I'm counting on that. I think that cash is a relic of the past and I hope that in the future all calculations will be done only with the help of cryptocurrency.

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October 11, 2018, 09:45:01 AM
 #190

At this time cash has two versions including Digital and Physical.  In my opinion cash will continue to exist as long as the country that created it's still there. Even today the existence of cash currency, still dominates as the only means of payment that's easily accepted by the public. Besides that the acceptance's also very broad it seems unmatched.
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October 11, 2018, 09:53:37 AM
 #191

humans will really use virtual money or run out of cash if all humans really know crypto,
and to get there is not fast in this year of the year, it can be 100 or 150 years to come
where all humans use virtual money for all activities in the transaction.

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soundrum
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October 11, 2018, 10:01:46 AM
 #192

I think the future of payment will be cashless but as your friends said, it will  take many years before this come to reality globally. Cryptocurrencies will also play a vital role in human cashless society.
Bheze
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October 11, 2018, 04:32:24 PM
 #193

In 2025, cash money will lose its function in trade. Real currencies finished historical development. Meden Banks should substitute local crypto money instead of national currencies. Crypto-money technology offers advantages in terms of transfer rate and transfer commission.
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October 11, 2018, 04:56:13 PM
 #194

In 2025, cash money will lose its function in trade. Real currencies finished historical development. Meden Banks should substitute local crypto money instead of national currencies. Crypto-money technology offers advantages in terms of transfer rate and transfer commission.
Cash has several problems, especially values that are different in each country, so using crypto will all be in harmony. crypto has many advantages that cash doesn't have so I also believe that one day crypto will replace cash now.
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October 11, 2018, 04:58:29 PM
 #195

I think yes, because i`m tired of this paper sheets and change after purchases. eMoney is much more comfortable

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October 11, 2018, 05:00:26 PM
 #196

I think in the future everyone will stop using cash and will switch to crypto. instead crypto will be controlled by the government and there will be no more blockchain excess as an Anonymous currency because all transactions will be monitored by the government.

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October 11, 2018, 05:01:43 PM
 #197

Maybe yes, but it will not be very soon and it`s gonna be a long process. However, people will understand that it`s very easy to use crypto or smth else

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October 11, 2018, 05:11:27 PM
 #198

I think no... since theres a lot of people on urban city and some people is not a tech-savvy so it would be hard for them to learn it. And you know that if people from that city will have device to purchase something then it might be risk of theft Thats how life going
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October 11, 2018, 05:17:59 PM
 #199

Of course, perhaps paper money will gradually be squeezed out of everyday life. Now there are a lot of gadgets that use fingerprint scanners, or face-eyd. Similar technologies may be introduced into the payment system.

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October 11, 2018, 05:37:41 PM
 #200

I think Its going to happen one day actually. People don't need paper to count debts and credits. Even now all money are just numbers on the US Bank accounts

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