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Author Topic: will humanity stop using cash  (Read 3990 times)
jerrison
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October 27, 2018, 09:06:51 PM
 #501

in my opinion, the cash been thrown around today is as a result of the low or poor education of the cryptocurrency and how it works and how it is trying to get its space within the global community. when it goes round the globe, it would not ben something to consider again. every will stop using cash

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October 28, 2018, 10:43:33 PM
 #502

All this goes. If we take into account the idea that at the moment the volume of electronic money exceeds the volume of cash, the trend will become clear.

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October 28, 2018, 10:46:39 PM
 #503

It is still unrealistic to completely stop using cash with the current development of technology. At least for the implementation of a money transfer you need either the Internet or a mobile network. Still need a device to make such a transfer: a smartphone or payment terminal.
The coin transfers should get titrated soon and it should be able to make cash somewhat useless in the real world.

 
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ryanfromrethink
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October 29, 2018, 07:31:54 AM
 #504

I do not think that in the near future we will be able to see such colossal changes. Many people prefer to work with cash, for them such transactions are easier and more convenient. Moreover, not all states and organizations recognize cryptocurrencies. But in any case, cryptocurrencies in the near future will be able to increase the overall share of transactions in modern society.
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October 29, 2018, 07:42:39 AM
 #505

Actually, very good and more people are using Cryptocurrency to Transact. However this technology there are certainly drawbacks. And if people stop using cash certainly can't. They will continue to use cash. Because each State must have a Bank.
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October 29, 2018, 08:04:55 AM
 #506

humans will continue to use money as long as money is still needed.
humans will stop using money when money is no longer needed.
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October 29, 2018, 08:35:42 AM
 #507

The use of cash, in my opinion, will continue to exist, because, however, cash is very important to use. Especially in times of urgency or in times of crisis, cash is very easy to find, easy access, and can also be accepted by all people. So that cash is a very crucial tool for everyone wherever they are.

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October 29, 2018, 08:38:11 AM
 #508

Humanity could easily stop using cash because of the cryptocurrency. But only when our world is fully adapted to this, and cryptocurrencies will be a little more stable. I think that it takes about 10 years, but not more
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October 29, 2018, 09:16:43 AM
 #509

Today, the total number of cash transactions is decreasing every day. In modern society, working with digital money is becoming more secure and convenient. I believe that in the coming decades, different plastic cards will remain the leaders, although the popularity of cryptocurrencies will also increase.
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October 29, 2018, 10:40:52 AM
 #510

For such a long period of which you speak, anything can happen, especially since we are talking about the crypto-foreign exchange market. Personally, I believe that we will once give up paper money and use digital currencies or credit cards. New technologies come into our world and we must be ready for anything.

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October 29, 2018, 10:50:06 AM
 #511

I don't think people will ever give up using cash. We can say that in the next ten years, the usage of cash will reduce more than it already existed and more people will embrace the usage of crypto currency.

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October 29, 2018, 11:00:31 AM
 #512

I think it will not happen especially when there is always the word that we call poverty. As we move on in the innovation there are people who still does not know or experience what is like in using new technology.

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October 29, 2018, 11:07:29 AM
 #513

The cashless society will eradicate the use of cash in our society because it is more convenient and secure. The use of cryptocurrency will be on the increase as it is cheaper, secured, transparent and immutable cryptocurrencies are the future and people will use less of cash
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October 29, 2018, 11:52:52 AM
 #514

i dont think so. cryptocurrencies and fiat money can co exist as what is happening now. digital money and plastic money didnt kill fiat and barter system in some parts of the globe. i dont think that human race will stop using cash.
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October 29, 2018, 12:01:39 PM
 #515

The adoption has started. Technology has made it very inconveniencing to be carrying cash about. Most shops now have POS and accept transfers. It is a gradual process but it is taking an arithmetic progression. It will enter geometric progression with innovative solutions that blockchains enterprise is deploying. My fingers are crossed in this matter.


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October 29, 2018, 12:12:23 PM
 #516

For highly developed industrialized countries such as USA, Japan, Australia, etc this kind of scenario is relevant. I think they've stopped using cash a long time ago. But for humankind in countries that tend to have economies dependent on the developed countries and are generally characterized as poor with unstable governments and having high rates of population growth, illiteracy and high levels of poverty this scenario will be far from truth. I tend to believe that having even a small amount of cash is meager to some, much more the use of digital currencies.


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October 29, 2018, 12:24:13 PM
 #517

I think it will take many years for humanity to stop using cash instead of banking and altcoin. At present, there are some countries that are very rare to use on the face of their country, fear of robbery and can not be safely stored by cards or crypto.

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October 29, 2018, 12:27:10 PM
 #518

I do not believe, but every day I see that people use card more and more often and some people do not have cash at all

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October 29, 2018, 04:46:40 PM
 #519

i dont think so. cryptocurrencies and fiat money can co exist as what is happening now. digital money and plastic money didnt kill fiat and barter system in some parts of the globe. i dont think that human race will stop using cash.

I think that e-currency can replace cash, but I’m sure it will not be soon, because if the lights go out in the city, it will become a problem for everyone. But I prefer to use electronic money.
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October 29, 2018, 04:47:38 PM
 #520

I don't think people will stop using cash completely. At least not for the next 10 years.

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