Do you need cash for everyday use?

[ongkok87]

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.

Absolutely right, yeah digital currency is indeed widely used today, but there are still limits to its use, you can't use it in remote locations or in small shops because they haven't been educated about the digital currency, I still need cash very much

hence the cash will always be used throughout the world because not all of its citizens use digital currency to pay. and there are not many people who know the digital currency

[jrrsparkles]

With my current life style then I used to spend the cash rather than paying digitally more because I really don't want to keep my funds on banks so I will just keep the money as investments and only the money needed for my life will be in wallet,I prefer just to use as physical money because there are still many places in my place won't accept cards.

[Polar91]

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.

Absolutely right, yeah digital currency is indeed widely used today, but there are still limits to its use, you can't use it in remote locations or in small shops because they haven't been educated about the digital currency, I still need cash very much

Also, some of them aren't capable of adopting a digital currency perhaps due to lack of capital and incapablity of using electronic means to their area. This is the reason why in my opinion why fiat wouldn't be replaced by digital currency. They can be used both for different purposes.

[eagle10]

I always use cash when doing transaction offline but I consider cryptocurrency in the near future to use for payment in everything online. I guess it is more convenient than using credit card because credit card will only make you buried in debt if you have limited resources to pay your debt. However, There is still a need for mass adoption of cryptocurrency to enjoy and see cashless society.

[BitFinnese]

At the current adoption of cryptocurrency, it is very rare to see establishment, especially in my country, that accepts crypto payment.  All shopping malls require either an ATM card, Visa or credit cards if we do not have cash in hand, in order for us to purchase goods.  So, yes I need cash for everyday use. 

[bakasabo]

of course, because the cash has become a daily necessity for making payments, and even when the cash will never die and will always be used everyday

I can do my daily expenses with card only. I've started to use card move often when contactless payment systems came out.

How do you then make transactions that are less than $10 or $5 ? The use of cards is convenient that is certain but some smaller pickups still make one susceptible to using of cash.

Almost every 3-4 hours. Morning coffee at the petrol station, lunch, some drink from vending machine, grab smth on the way home to eat while driving.

[upsidedown75]

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.

It is actually lot easier using crypto currency as payment because it’s faster and safer. One does not have to go through the stress of visiting bank to deposit money into the credit card if we are to go by the option of POS or visiting ATM/ Bank if the option we have is to hold cash to pay for such item.

The stress involved in even opening an account alone is something very discouraging, lots of verification, proof in saving money and depositing money. Though cash will still be useful in some cases where you are having such transaction with someone who has no knowledge of POS payment talk less of cryptocurrency.

[BitcoinTurk]

Yes, I use cash in every area of our lives and every second. This applies only to all people who do not apply to me. Nowadays, cash money has become so strong in our lives that I do not believe that no one claims to use cash. Everybody is definitely using cash a few times, not once in a day. For example, as an individual example, I use cash in almost every area of my life and on a daily basis. Especially because of my job, I cannot deny that the use of cash money has become an important part of my life.

[davinchi]

As of the moment, in my country cryptocurrency was only an options as an extra income or sideline job. It is very seldom for the merchants here   who are accepting it a mode of payment and if ever there is they've only accept Bitcoin or Ethereum only. Unlike in the other country they are very open and crypto was regulated already like in Japan.

In my country you're not going to see a single person that accepts cryptocurrency as a mode of payment, except those who buy and sell it, but those people can only be found online. Every business here accepts cash and bigger businesses accepts mobile transfer and card payments. So I can't go a day without spending cash, every single day I will always need cash.

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.

I'm not understanding what you're saying here… Do You mean you're creating a cryptocureency that will be available both digitally and physically? That's probably a waste of time. Not even Bitcoin can be accepted offline not to talk of any other currency that is an altcoin. Majority prefers fiat and even those of them you see here hyping crypto are still livers if fiat and they are just here for the fact they think they can make money. None of them can go a day without using cash.

[qwertyup23]

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.

There are a lot of barriers you need to break if you are implementing a cash-less society wherein we utilize cryptocurrency as the main medium of exchange. Remember that due to economic discrepancies between developed and underdeveloped countries, people in the latter do not have equal access to such. In addition, being a volatile currency can have detrimental effects in the economy.

For now, cash would always be the universal medium of exchange among people. Having a universal medium which its value being backed depending upon the gold reserves, this prevents inflation from happening.

[daarul50]

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.

There are a lot of barriers you need to break if you are implementing a cash-less society wherein we utilize cryptocurrency as the main medium of exchange. Remember that due to economic discrepancies between developed and underdeveloped countries, people in the latter do not have equal access to such. In addition, being a volatile currency can have detrimental effects in the economy.

For now, cash would always be the universal medium of exchange among people. Having a universal medium which its value being backed depending upon the gold reserves, this prevents inflation from happening.

However, cash will be the main transaction tool because we cannot just change the way everyone deals to move into a digital form, especially cryptocurrency and I think cash will never be replaced so digital money is just another option for making various transactions.

[otong]

yes of course, cash in my opinion is needed by everyone. because cash is our country's currency and that currency will be used for any transaction.

[TheCoinGrabber]

We do all our purchases using credit card - which we pay for with cash. Cash is king where I live. Though sometimes I use bitcoin to pay utilities, it's mostly just for convenience. If I can I pay them some other way.

I haven't opened the link for Golden Currency but is it some sort of lending service?

[Fundamentals Of]

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 do use cash on a daily basis. The majority of us do. The poll clearly says that. But even so, I am not sure whether the people here will agree with your plan. I have reservations as to your plans. Yes, we are using cash. But it is because it is the current mainstream mode of payment. We have no choice but to use what the majority of the people and businesses use. We want that wiped out actually and replaced with digital currency. However, it will take time. And so we have to use cash alongside crypto for the meantime.

[celot]

I need cash every day because I use it for my daily transaction, almost many transaction for buying and selling always use cash money and I think is most important needed in our daily activities.

[playboy654]

Without cash we cannot do anything against in this world so the country is depend upon the money and the situation of market so the digital currencies are developing little by little when it comes to filled with 100% trust then only people will made them life without the normal cash.

[iged_war]

I need cash every day because I use it for my daily transaction, almost many transaction for buying and selling always use cash money and I think is most important needed in our daily activities.

at this moment we could not ignore cash money in our daily transaction.digital currency or even cryptocurrency not applied yet in any merchants , so we still have limitation on it.

[mersal]

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.

yes definitely it is all about money when we are living in this world I definitely need some currency to live our life more peaceful but there is almost cryptocurrencies are made some changes in this field of making money very simply and the payments are also be different for this situation so accepting this will be the good idea for the future.

[slocker]

It will depend from the situation you are into. If something requires cash you will probably use cash if not you will pay with credit card or mobile device if possible. Most of stores offer payment with credit card or mobile devices but there are cases that you will need to pay with cash. So probably you will need to have some amount of cash all the time.

[kkaroul4]

certainly because in my country there are still few who know cryptocurrencies so that many people use paper currency instead of using cryptocurrencies for payment instruments