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Author Topic: will humanity stop using cash  (Read 4027 times)
petya.vasekin
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October 25, 2018, 09:07:17 PM
 #441

In 50 years. Grandmothers and grandfathers are not able to use cryptocurrency. Only the younger generation will be able to do it in the future.

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October 25, 2018, 09:31:09 PM
 #442

It is posible ofc but cash is untraceable right know and some people use cash because of that not cards.If crypto or another thing can provide this and be common, why not.
greenlanternlight01
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October 25, 2018, 09:35:50 PM
 #443

Cash will always be present. At least in the next 50 years we will still have cash. Even though the blockchain will have it adoption we all are looking for. We are not ready yet to let the cash go. Too many politicial interest in there mate

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October 25, 2018, 09:41:50 PM
 #444

Cash will always be present. At least in the next 50 years we will still have cash. Even though the blockchain will have it adoption we all are looking for. We are not ready yet to let the cash go. Too many politicial interest in there mate
Yes, I think cash still exist because there are some people who used in terms of fare and other important things. But In more year to come crypto will announce as a new exchange due to it's opportunity .It can having a long study or research from this.

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October 25, 2018, 09:48:46 PM
 #445

It will take a really long time before we reach the point of going cashless. And for now,  I think crypto's only option is to exist alongside fiat. That's the only way we can stand and gain ground and maybe soon,  overtake fiat.  But I'm glad for projects right now that are making it easy for us to use crypto outside the crypto space.  Tapcoin is one such coin.  Their Hooch platform allows you purchase drinks and food at top restaurants and bars in major cities. 
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October 25, 2018, 10:27:19 PM
 #446

Cash usage has been already over. Digital currency has been in the market for a long time. The correct expression, when people leave digital currency and begin to use cryptocurrencies.
blackhawkeye1912
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October 25, 2018, 10:35:40 PM
 #447

No. It won't happen. Cryptocurrency is exclusive for online transaction how could we make transaction for offline? So we still need cash. Cryptocurrency and cash are both needed for this modern world. Cryptocurrency could replace cash for other instances but not for all.
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October 25, 2018, 10:37:47 PM
 #448

No. It won't happen. Cryptocurrency is exclusive for online transaction how could we make transaction for offline? So we still need cash. Cryptocurrency and cash are both needed for this modern world. Cryptocurrency could replace cash for other instances but not for all.
Technology will develop to the point where internet could cover the entire world even theres rumour that elon musk planning to release internet network through satellity, the future earth will definitely be covered in internet network everywhere.

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October 25, 2018, 10:40:38 PM
 #449

Humanity will stop using cash. I think I don't need cash. Cash money will die and instead will pass the crypto currency. People who don't believe in the crypto world want to use cash. They don't know how to use technology. There are billions of people with no knowledge of bitcoin.
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October 25, 2018, 10:44:55 PM
 #450

I doubt that cash will ever disappear. This may be the only way to calculate that cannot be "tracked", well, in addition to the natural exchange. Perhaps in the future, they will figure out how to transfer bitcoin , ether and other crypto-money to paper and it will be cash, which will replace fiat.

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October 25, 2018, 10:54:59 PM
 #451

Cash usage has been already over. Digital currency has been in the market for a long time. The correct expression, when people leave digital currency and begin to use cryptocurrencies.
Nope. Traditional cash is still being used everywhere, the only societies that are already cashless is in China and Korea if I recall correctly. Even in the USA people are still using paper money even though some of them already uses some sort of digital cash payment processor like Apple Pay or Google Pay but paper money is nowhere to extinction.

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the1arty
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October 25, 2018, 10:58:14 PM
 #452

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, for sure, the society is going to be cashless and Jack Ma told recently that blockchain will help to do all that.
Blockchain will help them to track every your transaction, what your purchase where and when.
mr_smith99
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October 25, 2018, 11:03:12 PM
 #453

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

We'll if you mean the next 20 year, of course we will be using money. Next 50 years probably. Next 100 years, yes they will. It's not so easy to change the economic monetary system
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October 25, 2018, 11:09:56 PM
 #454

I don’t think that cash will disappear in the next 100 years. It’s just that their turnover will be less due to the switch to non-cash payment.

 
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October 25, 2018, 11:10:06 PM
 #455

I believe that the cryptocurrency will now always exist. and maybe in 200 years it will replace cards and money
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October 25, 2018, 11:11:27 PM
 #456

I do not think there will be an extinction to the use of cash, what we will have is a reduction in the use of cash, as government globally are encouraging the cashless policy, I believe the crypto currency platform is here to bring an answer to the cahsless policy advocacy. Cash will still be spent in remote areas where Internet facility is not available
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October 25, 2018, 11:15:08 PM
 #457

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
In my opinion, I think cash or fiat will still be used by many people in the future for the reason that some do not prefer cryptos that lacks consistency and giving risk of losing profit. Also, crypto is something that is not supported by all governments and it is an enough reason for fiat and crypto to co-exist since people have different preferrence such that some do want crypto over fiat and vice versa.
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October 26, 2018, 01:13:12 PM
 #458

Paper money is likely to disappear and become electronic and it would be more convenient that the entire banking system has moved to the blockchain but it's not up to us.
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October 26, 2018, 03:04:08 PM
 #459

Shortly. We all will minimize making use of funds. Funds provide advanced over time. Coming from the business simply by barter to be able to rare metal and money right up until we've funds nowadays. My partner and I firmly believe charge cards and also poker chips can change profit upcoming. Almost all you may need can be your flag to be able to validate purchases. In such a circumstance it's going to tremendously entail the usage of blockchain and also cryptocurrency generally speaking.
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October 26, 2018, 03:06:48 PM
 #460

This will undoubtedly occur in the coming years, as the governments of many countries today are trying to integrate electronic payments in order to control the financial situation in order to know how much money anyone has.
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