Do you need cash for everyday use?

[michellee]

I think in all country, cash still needed although in the modern and big country, people trying to move from cash into a card to pay something. But still, cash is the important thing that we should have so we can buy many things. Without cash, we cannot fill our daily needs, and we cannot save to have more money although it is not much if we save it in the banks.

I need cash for my living and to pay my expenses as other people did.

[bonker]

Everyone need cash (fiat money) to spend on everyday expenses,and the crypto currencies has been only tradeable at the moment not payable at my country just like most of the other places.I really don't want to spend cryptos by now since I believe the price could be very huge in next 5 years.

[kennen1113]

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

I think most countries are using cash every day, from buying goods to the smallest payments, everyone uses cash, very few people use other payment methods because this is the fastest and most direct method for people to trade with each other, they don't need too much time to wait for confirmation. Cash has been an indispensable part of everyday life, even when other payment methods become popular and better, people will still maintain cash use, nothing can replace

[FlightyPouch]

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

It will really take time before people will be able to use fully Bitcoin in our country. Not all of the people here can use the technology available here. Another thing is that we are living in a province and those technologies are not that developed. Crypto currency are still new in our country and even if the government legalized the use of it, some still use it maybe because of the fact that a lot of people are scammed and Bitcoin is the one being blamed for that.

[ryap12]

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

It will really take time before people will be able to use fully Bitcoin in our country. Not all of the people here can use the technology available here. Another thing is that we are living in a province and those technologies are not that developed. Crypto currency are still new in our country and even if the government legalized the use of it, some still use it maybe because of the fact that a lot of people are scammed and Bitcoin is the one being blamed for that.

Not sure from what country you're from but I have the same problem with my country. Most people think of bitcoin as scam as what the bias news are showing. They call it the bitcoin scam but they just need a few lessons for them to understand how bitcoin works. I envy countries that have fully utilize the blockchain technology already as they are taking all the benefits first before it becomes a norm to use it.

[susila_bai]

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

It will really take time before people will be able to use fully Bitcoin in our country. Not all of the people here can use the technology available here. Another thing is that we are living in a province and those technologies are not that developed. Crypto currency are still new in our country and even if the government legalized the use of it, some still use it maybe because of the fact that a lot of people are scammed and Bitcoin is the one being blamed for that.

Not sure from what country you're from but I have the same problem with my country. Most people think of bitcoin as scam as what the bias news are showing. They call it the bitcoin scam but they just need a few lessons for them to understand how bitcoin works. I envy countries that have fully utilize the blockchain technology already as they are taking all the benefits first before it becomes a norm to use it.

If i am not wrong you both are from Asian Country as i am also from Asia only and know that 90% of them dont think that bitcoin or cryptocurrency will be going long way and even government have ban or restricted usage of it. So development is very low.

[sarmrakib]

This site is looking good .If we can use easily crypto into cash and also cash into crypto it will be great for us .I really need such site .However i almost don't use cash .Depend on bank as well as crypto transaction .Its really something good if we use it globally.

[bce]

of course most people here need cash for daily activities. because in daily activities we cannot be separated from the name of cash. because that includes our staple food. both for buying and selling transactions and others.

[LUCKMCFLY]

In fact if cash is used a lot, because most economies are based on it, it is very difficult to adopt positions where it is replaced by cryptographic money.

According to the economist Jose Toro Hardi, the cash is much more solid and has enough support, both in governments and in banking, however for the traditional economy the money in Crypto represents a lot of risk due to the high volatility, for not having a high liquidity support as the cash has.

Personally, I think the best thing is to use both ways to boost the economy, since the transactions in Crypto are fast and safe, totally incorruptible but the FIAT money is also very necessary.

[GregH37]

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.

I don’t know how those who live in a cashless world cope with it, like how do they live their lives on transfers always. I can’t deal, maybe I’ll get used to it when I find myself in a developed country where they have pure cashless policy. But, for now I do basically everything with cash. There are few times I do transfers using debit card but it’s more of cash transactions.

Vendors that sell items less than $10 will not even accept transfer and even transport systems, and this are the major areas I spend money.

[countryfree]

It happens that I live one full month using cash only, and I'll live this way forever. I won't use my cards nor BTC simply because I don't want my payments to be recorded anywhere. It would be just stupid to store in a blockchain, or a database anywhere, all my payments at grocery stores.

[Activitycoin]

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

So you people need to spread awareness about crypto currency as those who are using it having benefit and earning better as compare to the one who only use money and buy goods, it is very important act you can do for your nation as time passing we are getting into digital age so better make people aware and tell them about uncountable advantages of crypto currency.

[auntyjmary]

Money has evolved over the years, we are almost getting to the era where the cashless system is taking over the world of finances. As technology advances, we would surely get to the point where people would appreciate the digital era of money spending so gradually fiat currency would fade out.

[Naida_BR]

of course most people here need cash for daily activities. because in daily activities we cannot be separated from the name of cash. because that includes our staple food. both for buying and selling transactions and others.

It depends on the country that you live at.
There are some developed countries that they have already established electronic systems for payments because there want to vanish cash for better expenditure controlling.

[mornabo]

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

So you people need to spread awareness about crypto currency as those who are using it having benefit and earning better as compare to the one who only use money and buy goods, it is very important act you can do for your nation as time passing we are getting into digital age so better make people aware and tell them about uncountable advantages of crypto currency.

Of course they don't know crypto, even many of them still rarely use digital currency made by banks like credit cards. For this era cash is still very much needed, I also admit that every day I use cash to pay, at least we have to wait for the next generation to see digital currency as the main currency

[okala]

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

So you people need to spread awareness about crypto currency as those who are using it having benefit and earning better as compare to the one who only use money and buy goods, it is very important act you can do for your nation as time passing we are getting into digital age so better make people aware and tell them about uncountable advantages of crypto currency.

Of course they don't know crypto, even many of them still rarely use digital currency made by banks like credit cards. For this era cash is still very much needed, I also admit that every day I use cash to pay, at least we have to wait for the next generation to see digital currency as the main currency

You are right because the banking system still make use of cash and that is what it normal in the society it hard before you will see a shop no matter how digitalized it is still accept cash as means of payments.

[Dhanems]

Actually YES,I used crypto then convert into fiat..because cryptocurrency like bitcoin is not acceptable for all..in short bitcoin is not popular to used.... Unlike cash we used it even a small thing..bitcoin is good but no cash,is a worst thing.

Indeed, we cannot live without cash in our everyday lives.  We need this fiat for everyday expenses like transportation, foods especially when we are buying at the local wet market.  Eventhough crypto-enthusiast people are trying hard to spread the usage of cryptocurrency,  ordinary people are not yet ready especially merchants to implement cryptopayment since they still have doubts regarding this system and worst, they are actually ignorant about cryptocurrency.

Yeah truth! Even the people lives far from the city which is no electric supply... They don't know what is blockchain.or digital money.. What happen to them if ever no fiat at all? pity ..

[nikogluttonym]

Cash is already there. I think that the world is moving in the direction when there is no paper money left at all.

[markdario112616]

Practically and realistically speaking, it's indeed needed for me to use cash everyday. Given the fact that Fiat is still primary way or source of payment system used by the majority. Especially for personal use, though, there are time that I maximized the used of my Bitcoin by paying Bills especially when I have no time to go to a nearby Bill payment center. Though for the meantime that's the only time when I used my Bitcoin, but, Most likely I wouldn't want to limit it there.

[eaLiTy]

We are working on Golden Currency project, 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 understood your project but my doubt is, how you are going to deal with the regulation when it comes to paper currency and i am not sure any country will allow someone to distribute a paper currency to trade which is not backed by any government, it is true that cash or change is needed for every day use but we will use card in major shopping centers and not on local shops all the time.