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Author Topic: Is crypto capable of making the world go digital?  (Read 4251 times)
JPSelzer
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October 18, 2018, 09:07:29 PM
 #41

Our world is already very developed in terms of technology, we can say that we live in a digital world. Many of the actions you can perform in the comfort of their home. However, the world continues to develop and blockchain technology has also brought a lot of new things. Just soon many spheres of life will gradually apply this technology. Perhaps soon we will move to non-cash payment and will pay cryptocurrency. No one knows for sure what the future has in store for us.

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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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October 18, 2018, 09:11:39 PM
 #42

This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.

    We are already living in a digital world. Everything in this world using a digital technology even in our home and now we are patronizing digital currencies and soon there are so many digital technology to be developed and use until next generation.

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October 18, 2018, 09:33:37 PM
 #43

Yes, I can say crypto is part of many things that can make the whole world to go digital among others like AI technology etc. Just that crypto is the fastest among them.
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October 18, 2018, 09:38:13 PM
 #44

it must inevitably come. everything goes to ensure that the world accepts digital money and I think that soon we will see it
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October 18, 2018, 10:03:59 PM
 #45

The entire world is already digital  for example in financial transaction you don't need to post money through the post office, with the help of the swift and money gram you can transfer money to any part of the world . secondly  take a look at the education , there is already distance learning on the internet . Cryptocurrency will not make the world digital  but will make everyone know the importance of blockchain technology and how life  is made easy using the blockchain technology .

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October 18, 2018, 10:09:52 PM
 #46

The development of technologies has already gone very far and cryptocurrencies is another stage of development that will definitely turn the world upside down. This already happens, some people are already actively using the cryptocurrency and in the future their number will only grow.

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October 18, 2018, 10:20:25 PM
 #47

This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.



Do mean crypto brings the world digital currency use dor all people and as legal tender
Of course maybe in the near future cryptocurrency become world class digital currency
The new technology are fast to improve itself

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October 18, 2018, 10:28:01 PM
 #48

This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.

Other first world nation has been experimenting on cash-less society for years now and I think crypto make them push it a little because of the advancement specially in blockchain technology. So I wouldn't be surprised if in the next 5-10 years we might see society going cashless and digital. However, it doesn't mean the fiat or banking system though will become obsolete.

Yes, I can say crypto is part of many things that can make the whole world to go digital among others like AI technology etc. Just that crypto is the fastest among them.

AI technology though is different, yes we have robots around but it will thank years before we can see a fully automated, self-aware AI. But its in the realm of reality.
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October 18, 2018, 10:51:06 PM
 #49

You are saying that cryptocurrency making the world "DIGITAL", even without cryptocurrency are world was growing up with the many invention of digital so i think you are  saying cryptocurrency making our world cashless society and using blockchain our technology making better and make it easy transaction so that if all country legalize or accept the cryptocurrency i think it is more better transaction.
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October 18, 2018, 10:54:31 PM
 #50

This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.
Maybe it will happen and yes some of are using it but we need to think also that many things will be consider because some of country are not using cryptocurrency.

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October 18, 2018, 11:21:04 PM
 #51

This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.



Do mean crypto brings the world digital currency use dor all people and as legal tender
Of course maybe in the near future cryptocurrency become world class digital currency
The new technology are fast to improve itself

Crypto is known in every parts of the world, some countries are using it as their source of income in many ways, and they have a better view by it, Technology is developing day by day and the world is being digital on that, We need to know more of other possibilities that will lead our country to success and to ourselves also.
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October 18, 2018, 11:50:37 PM
 #52

AS far as i'm concerned , the government will not allow the world lead to a cashless society , as this  is to be true , the government find it very hard to control, thereby society is so complex and complicated

cashless mostly means currency without physical form not without fiat. the fiat as we know it today can change form as it has already changed its form multiple times throughout history from goods to physical coins to paper then finally to digital and possibly to cryptocurrency.
up until cryptocurrency has already occurred and the world is mostly digital now but I don't think we will see it turn into cryptocurrency yet. and when it does it will be a form transformation not the way it works fiat will still be centralized and work the same way as before.

I agree with you. It depends mostly on things happening that are really big like one main currency worldwide for example. It's a matter of knowing how to implement it.

From my point of view, cash is useless. In third-world countries it's a lot more needed for obvious reasons. But the benefits and advantage of it disappearing are not few. And i personally believe that even when fiat might not disappear, one main cryptocurrency economy could be really good and have a much better order and advantages.

It's not really that complicated at the end.
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October 19, 2018, 12:37:00 AM
 #53

I think yes, its mean that cryptocurrency be the second currency, it can't be the main currency because as we know that the FIAT currency is the real main currency and there are no people can't change the FIAT curency

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October 19, 2018, 12:42:16 AM
 #54

I believe it is capable in assisting the world go cashless, but as for digital, we are already almost there. The world is so reliant on technology that one could argue we almost are a digital world
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October 19, 2018, 01:05:32 AM
 #55

This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.


100%!!!! At the rate we are growing as a society, the need for a worldwide currency that is digital is in high demand, and will most likely be adopted within the next 100 years.  Grin Grin Grin Grin
Of course, look at how cryptocurrency makes many people aware of how comfortable it is to use online currency, digital and virtual currencies become very popular after bitcoin comes with its rapid development, of course crypto will make many people aware of digital currencies..
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October 19, 2018, 01:08:27 AM
 #56

Based on my personal experience, That can not happen unless all government in all country see crypto as a legal currency . It seem like hard to do that , as a cashless society means that fiat or paper are not used , government can not control finance anymore
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October 19, 2018, 01:12:49 AM
 #57

This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.

That's exactly what it is! Unfortunately, continuing to use Bitcoin in everyday life is not easy. The most important thing is to introduce applications that will be easy to use and, above all, safe. The introduction of such applications will open the way for Bitcoin to the mainstream.

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October 19, 2018, 09:45:01 AM
 #58

This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.
I personally feel that if the world has become digital, this is at the same time as the price of bitcoin increased last year, and then after that I saw more news about digitalization in many banks and online stores. In addition, many have campaigned for types of online transactions rather than using cash to transact, this has been carried out in several banks in my country. So making the world more digital has indeed been done and continues to run, if they are familiar with crypto then I'm sure crypto will be a part of them in the future.

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October 19, 2018, 11:53:40 AM
 #59

the world is already mostly digital and is moving towards becoming completely digital but none of it has anything to do with blockchain technology or cryptocurrencies. in fact the blockchain technology has a lot of potential but these are limited to certain areas, mainly a decentralized currency is the focus of the usage of this technology and not much else. in other areas this technology is not as good.
yes the world is now mostly digital, crypto might affect financially into the digital revolution, because the financial world there is still not fully digital, since the existence of bitcoin changes in the financial sector are more digital, and this may be a change in the future
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October 19, 2018, 12:08:09 PM
 #60

The world is not properly digital.Online transaction shows how you spent your money.But in many countries blockchain technology is adopted. It is a tough task for crypto to make the world digital because there are many poor countries which do not use crypto currency.
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