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Author Topic: will humanity stop using cash  (Read 3990 times)
yonjitsu
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October 14, 2018, 12:06:14 AM
 #341

Maybe that's possible when all of the countries who ban cryptos will finally open their mind and eyes and finally lift the ban and embrace the blockchain technology. Additionally, if the drawbacks that the cryptos have can be addressed well, then there's really a possibility for a cashless society in the coming years.

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October 14, 2018, 05:28:35 PM
 #342

Cash is the most inconvenient tool in real time when you come to the store and give change is a trifle, which is not known where to put it in your pockets. I think this is the last few years for cash.
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October 14, 2018, 05:30:21 PM
 #343

Probably it will happen one day, but we are far from accepting such rules.
I believe it will happen first in Asia, they are most advanced adopters of crypto and technologies.
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October 14, 2018, 06:55:09 PM
 #344

It seems to me that there are just a couple of years left and people will forget about cash. Think about it, most of the money is already somewhere in the computer, and not in cash.
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October 14, 2018, 08:58:43 PM
 #345

This sounds quite logical if you follow the latest trends in the market. Everything goes to the fact that a person will have to give up cash and replace them with electronic.
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October 14, 2018, 09:00:28 PM
 #346

People are used to cash, I doubt that they will be able to fully switch to the use of cryptocurrency. I think that fiat money will always be paramount.

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October 14, 2018, 09:10:23 PM
 #347

Well, i would say Yes, there is a great chances that humanity will stop using of cash in fact they are already started using modes of payments any kinds of bills payments without any hassle using your android phones. and, It would more interesting if the government will accept the digiatl currency world wide for the not using any cash money.

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October 17, 2018, 10:10:57 PM
 #348

All indicators show that we are approaching this point. But you think, on the planet there are places where still there is no electricity, and we here about cancellation of cash speak...
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October 17, 2018, 10:15:10 PM
 #349

Even if technologies are becoming more advance and cryptocurrency are becoming more popular. And more and more businesses and companies are accepting cryptos. I don't see that we will be stop using cash. Cash is more accessible and more easy to use for every people. So i think we will still use cash for a long period of time.

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October 17, 2018, 10:18:53 PM
 #350

All indicators show that we are approaching this point. But you think, on the planet there are places where still there is no electricity, and we here about cancellation of cash speak...

   Yes we do! We are approaching that point faster cause of the crypto-currencies. Humanity is just a handful of rich people
and many poor people, crypto-currencies are here for everyone I think and that`s the secret weapon.
   For now one little community is earning crypto-currencies, here on forum and maybe a bit outside. When big companies
start to give salaries in crypto-currencies cash will disappear.



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October 17, 2018, 10:42:16 PM
 #351

All indicators show that we are approaching this point. But you think, on the planet there are places where still there is no electricity, and we here about cancellation of cash speak...
That's the main problem, no electricity means if that places will never use the automation system just like blockchain and then the traditional currency will be orme preferable rather than use the digital money because they have no access to use it. Even they have no electricity
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October 17, 2018, 10:45:29 PM
 #352

I believe that cryptocurrency will never replace cash and cash will always exist
edmundo
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October 17, 2018, 10:45:57 PM
 #353

Never going to happen... What to expect is some sort of modifications to the entire payment system. Wherever there is an exchange to be made, there is definitely going to be a paper trail. There is simply no way this can be eradicated. There is also the issue of underdevelopment from the third world countries meaning any innovation or invention to replace fiat will take eternity to be adopted by them. Modifications? Yes! Extinction? No!
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October 17, 2018, 10:48:10 PM
 #354

Many people have have used cash and it has become part and parcel of them so I think it will not be easy for those people to stop using the fiat currencies and then use only cryptocurrencies.

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October 17, 2018, 10:48:39 PM
 #355

In the future, the whole world will switch to digital money for a long time, everyone understands it, but I hope it will be just cryptocurrency

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October 17, 2018, 11:06:03 PM
 #356

Online business trends have developed and many people are getting used to applying it, this is due to the influence of widespread Android usage which has proven to be efficient in shopping. I still want to see that crypto can one day be officially regulated and they can begin to understand and use it gradually. There is no more conventional clearing process and the use of cash will naturally be eroded by digital business.

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October 17, 2018, 11:09:11 PM
 #357

The trend of the future will be to use the card as well as online payment instead of cash as the current time. Online payment will help to avoid mistakes and faster transactions than fiat currency. And if the form of online payment grows, cryptocurrency will also benefit because the convenience and variety of cryptos will make it easier for people to pay.

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October 18, 2018, 09:25:41 PM
 #358

Certainly. This is what the latest research shows. You either have not studied these points, or a very lazy person in order to go to google and read the latest reports.
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October 18, 2018, 09:31:57 PM
 #359

This will be one of the difficult things to ever happen in this world. Even if the whole world accepts and embrace BTC, not all people will use it espciaaly the illiterates which will make this impossible. 

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October 19, 2018, 08:35:56 AM
 #360

I agree with the need for more alternatives to Bitcoin as a fiat replacement. Many believe and hope for a replacement to fiat currency. I have found that many more are afraid to verbalize that for fear of sounding crazy. But It's going to happen though.
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