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Question: Do you use cash?
Yes, I use cash a lot
Yes, but I use mostly non cash payments
I almost don't use cash
No, I don't use cash at all

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Author Topic: Do you need cash for everyday use?  (Read 2980 times)
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dimox
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March 20, 2019, 03:21:47 PM
 #41

i using cash everyday for every transaction, but sometimes i use virtual to make transaction, because they have that service. so the point is, are they have that service? when they have that service, im sure some people that use virtual money or crypto will use it. and its not just cash or virtual, but how much people know about it.
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March 20, 2019, 08:46:19 PM
 #42

Fiat is the most important of all transaction tools because it has been used for a long time so that to go to a new step it is very difficult to require consideration and arrangement of each field, it is not easy to change the system all but can happen with a very long time, I don't think fiat will be replaced with crypto, the most contrasting is that when fiat and crypto go together with each other through their respective shortcomings, most people around the world use fiat as a legitimate payment tool.
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March 20, 2019, 09:54:01 PM
 #43

The usage of both currencies that is the faint paper money and the cryptocurrency can not be over look how ever the market response to them differently because of their accessibility by the general public. So both faint and crypto are used interchangeably.
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March 20, 2019, 10:45:14 PM
 #44

Yes of course, I need cash for everyday life, because there is still no payment in my place of residence using Crypto currency, so I have to redeem Crypto to Fiat for my daily needs, I hope in the place where I live in the future there will be payments available using Cryptocurrency
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March 20, 2019, 11:24:38 PM
 #45

Good idea is behind this project. I haven't heard for similar so far.
I do use cash and I use it a lot. I am getting paid for my work in cash and that is, in my opinion, most important thing, when we discuss about currency usage. I don't give a damn how I am going to pay some product that I am purchasing. If my firm have a policy to pay salary to her employees in bitcoin for example, I would be paying everything in bitcoin. I don't want to buy some coin so I could buy everything else. Very unnecessary.
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March 21, 2019, 12:52:08 AM
 #46

for purchasing needs in a small shop, and sometimes only with a small amount, I always use cash. if it's possible to pay for crypto, I think it's easier.
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March 21, 2019, 02:28:24 AM
 #47

for purchasing needs in a small shop, and sometimes only with a small amount, I always use cash. if it's possible to pay for crypto, I think it's easier.
maybe there is no more money in our pocket, or atleast only on small amount.cryptocurrency adoption will be very usefull for us someday.maybe it can make crime decrease alot.
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March 21, 2019, 04:28:42 AM
 #48

for purchasing needs in a small shop, and sometimes only with a small amount, I always use cash. if it's possible to pay for crypto, I think it's easier.
maybe there is no more money in our pocket, or atleast only on small amount.cryptocurrency adoption will be very usefull for us someday.maybe it can make crime decrease alot.
I also hope like that later, but now because I have not been legalized in my country, cryptocurrency does not mean much, so I still use cash every day, with various fears of a crime

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March 21, 2019, 05:44:21 AM
 #49

Of course, we need cash for everyday use because we still depend on cash to buy something. But in some country, the cash was change, and it becomes a card and some of the company trying to use apps in their Android phone to buy something. I think in the future, we will see that the used of cash will slowly change into the digital payment and it already happened in a few years ago, and now the technology still grow, and we will see the new era of digital payment will change our life.

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March 21, 2019, 05:54:39 AM
 #50

Of course, we need cash for everyday use because we still depend on cash to buy something. But in some country, the cash was change, and it becomes a card and some of the company trying to use apps in their Android phone to buy something. I think in the future, we will see that the used of cash will slowly change into the digital payment and it already happened in a few years ago, and now the technology still grow, and we will see the new era of digital payment will change our life.
I think you are right we still need cash, we can't replace this to cashless because there are some circumstances that we might need cash.
Some times I used cash but it is not daily, occasionally I used cash when I have somewhere to go. I am a commuter I don't have a car to ride and I need cash as a fare. But when it comes daily need like foods and personal use I used my credit card.

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March 21, 2019, 06:12:45 AM
 #51

Maybe digital payments in developed countries have been implemented, but in countries where the category is still developing, I think there are still many who still apply paper money, but in my country there have been many digital payments available, and this is indeed a progress

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March 21, 2019, 09:02:55 AM
 #52

Yes, we still really need cash. As we all know, if the current adoption of digital currency or Bitcoin is still not comprehensive, because it can be said that currently the use of digital currencies is still in its infancy, it is still not affordable for all levels of society in each country.
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March 21, 2019, 02:16:16 PM
 #53

for purchasing needs in a small shop, and sometimes only with a small amount, I always use cash. if it's possible to pay for crypto, I think it's easier.
maybe there is no more money in our pocket, or atleast only on small amount.cryptocurrency adoption will be very usefull for us someday.maybe it can make crime decrease alot.

Crypto could be used only where the government has made it legal so that more and more merchants would be using it as a payment method and people could survive their normal day for few days on crypto itself. But rest of the country it would be highly doubtful if people can use it.
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March 21, 2019, 03:24:11 PM
 #54

if that is certain because the paper money has become a very important requirement for myself and others because not everyone buys goods using online payment instruments
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March 21, 2019, 03:27:16 PM
 #55

I use cash here in central Europe country quite often
There is many small shops what accept cash only
I can buy food and other products directly from producent on bazaar but only with cash
It is also better to have some cash in pocket because  there are problems with banks mostly in weekend.Transactions by cards are not working often

 
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March 21, 2019, 03:52:17 PM
 #56

for purchasing needs in a small shop, and sometimes only with a small amount, I always use cash. if it's possible to pay for crypto, I think it's easier.
maybe there is no more money in our pocket, or atleast only on small amount.cryptocurrency adoption will be very usefull for us someday.maybe it can make crime decrease alot.

Crypto could be used only where the government has made it legal so that more and more merchants would be using it as a payment method and people could survive their normal day for few days on crypto itself. But rest of the country it would be highly doubtful if people can use it.

I wouldn't believe anyone if they're living entirely off of crypto transactions. I mean, of course we need cash in everyday use. And even if i have both cash and crypto in hand to use in a transaction, i'd still use cash first unless it's completely necessary to spend my crypto.

 
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March 21, 2019, 05:10:11 PM
 #57

We are working on Golden Currency project ( https://goldencurrency.money ), where we issue money that is available both in crypto and in cash form. We find the possibility to use crypto money in cash form as one of advantages. We expect that almost everybody anyway uses cash and in such a case the lack of such opportunity limits the potential use of currency. That's why we started the poll to prove it. Would be glad for your votes and comments regarding your view on such an option.
I almost use digital online transactions for payments; I can’t remember the last time I held money in form of cash. Almost every vendor accepts transfer as a form of payment and even most religious houses of worship now receive money in form of transfer. So, I can literally stay for days without holding cash. I use my card for all transfer.

The only time I need cash mostly is when I need to take public transport because they don’t accept transfer but if I was left to drive all through, I would still not need cash because even the fuel station accepts debit card.

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hahay
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March 21, 2019, 05:37:06 PM
 #58

For now is yes, cash is very necessary even though technological developments and digitalization continue to grow at this time, because to switch completely into the digital era requires a long time for all people to understand it, we cannot equalize everyone has a smartphone capable of scanning barcodes on their smartphone for payment. Even so, I am also convinced that in this ever-growing digital era, it is very possible in the future that cash will no longer be widely used in transactions, anyway digital payments are much safer and more practical.

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March 21, 2019, 05:56:57 PM
 #59

Although today there are many payment services in the form of digital but cash is still a much-needed payment for now because not everyone can receive digital payments and not everyone understands the technology so they still use a payment system that I think is too old.
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March 21, 2019, 06:58:52 PM
 #60

I always use cash in my daily life, because to be honest in my country the use of cash is still a tradition to buy and sell goods or services and still rarely do non-cash transactions.
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