Do you need cash for everyday use?

[markstivn98]

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 can not use digital coins to buy special needs.
I sell them to specific people
Then bought with the money you get it Special needs.

[fianaindriati]

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 can not use digital coins to buy special needs.
I sell them to specific people
Then bought with the money you get it Special needs.

I feel that in daily activities we don't need to use coins. because in our daily activities we need of course the cash we use. because the coins and cash are quite different. if the cash can be used transactions that require a little nominal, so don't need coins.

[finaleshot2016]

Yes, I always use cash for my daily routine like getting a promo of data connection on my sim card to check daily news. I also spend my money in food, money is our need to survive.

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 can not use digital coins to buy special needs.
I sell them to specific people
Then bought with the money you get it Special needs.

I feel that in daily activities we don't need to use coins. because in our daily activities we need of course the cash we use. because the coins and cash are quite different. if the cash can be used transactions that require a little nominal, so don't need coins.

They're both money so there's no issue with that as long as it's spending to our needs in life. The topic title says a lot, "everyday use" means your needs in life to survive.

[btccrusher]

Voted for "Yes, I use"
I can't live a day without cash, that's how we live here somewhere in the world. We are far away from a cashless society, even a credit card won't work for our everyday use let alone cryptocurrency. But yes, if we don't look at expenses then we might use credit cards for everything we need but that's a 20% more expensive compared to cash use.

[logicgate]

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 can not use digital coins to buy special needs.
I sell them to specific people
Then bought with the money you get it Special needs.

 Yes there are so many ways to obtain profit and use it as much as you can, you can get all your needs with money but you will have to travel for it you will have to go out in sunny day so better use crypto currency and don’t sue cash if you have a better option than this, crypto currency reduced the need of cash in our life and it is making our life even easier than before.

[BlueStackz]

of course I need cash to be able to buy my daily needs. because in my country bitcoin is illegal. may not be used for payment instruments. for now bitcoin in my country is only used for trading and investing. but it is possible if the mass adoption of cryptocurrency is realized we will switch to using cryptocurrency in conducting daily transactions. maybe ten more years will come true. this is only a prediction.

Bitcoin is not declared illegal where I live , anyone is free to use it, but the people here don’t even like it. Nobody talks about it except those that are into online business. You will hardly see anyone talk about Bitcoin here, all my friends don’t even know about it. I’m the one that taught them what’s Bitcoin but they still not showing any interest in it. The only transaction I make with Bitcoin is with people that are living outside the country. So in my country I make use of cash and sometimes I can also make use of debit card if it’s where they have POS.

Usually I don’t go out a day without money in my pocket . Any day I’m going out I always have cash in my pocket. I don’t live in my place where people make use of technology when it comes to payment, they prefer cash. Unless you go to bigger stores that are well advanced , they are the ones that will accept such payments. But they don’t accept cryptocurrency as payment , they only accept payment methods like PayPal or bank.

[Vispilio]

Cash or a physical store of value will always be interesting because there is a chance, however unlikely, that a digital solution might fail because of technical / energy related problems;

eg: if there is war on a global scale, and power lines fail, gold, ammo, oil or preservable food can become the new cash...

[travwill]

As a rule, I use a credit card, I use a credit card a lot. Cache is needed only in places where credit cards are not accepted, unfortunately such places still exist.

[Xampeuu]

As a rule, I use a credit card, I use a credit card a lot. Cache is needed only in places where credit cards are not accepted, unfortunately such places still exist.

my daily life is more inclined towards conventional purchases, so there is always cash in the wallet to transact every day, whereas credit cards are only a complement in modern places

[alisafidel58]

As a rule, I use a credit card, I use a credit card a lot. Cache is needed only in places where credit cards are not accepted, unfortunately such places still exist.

That's the reality, no matter how advanced the payment technology become there will still be places that you will need to use cash on a daily basis. From where I am, I use cash daily and hardly used a credit card to pay my daily fair and daily expenses.

[drgomez89]

Well if by cash u mean printed money, i dont, u use credit or debit card  through the week, if u mean fiat ,, yes i havent been able to  buy something aside crypto assets with ether or bitcoin. But everyday that possibility seems closer  because the adoption is growing and the bad reputation of the regular masses is slowly fading, they will start to see their benefits soon

[coin-investor]

I used cash a lot because I don't have a credit card yet and most of the store I've visited do not accept credit card only cash payment,  I live in a third world country where only the few privilege are using credit card and there's not much store here in our country that accepts cryptocurrency.

[bakasabo]

I used cash a lot because I don't have a credit card yet and most of the store I've visited do not accept credit card only cash payment,  I live in a third world country where only the few privilege are using credit card and there's not much store here in our country that accepts cryptocurrency.

Hi coin-investor,

I've seen that you post in Philippines local forum so I suppose you are from Philippines Soon your problem with cash will be solved as Major Philippines Bank Union Bank Launches Two-Way Crypto ATM. It may not be quick, but there is definitely a start from crypto future.

[Hanisiti]

Tentu saja saya masih menggunakan uang tunai karena di pemerintahan kami belum memakai cryptocurrency karena tektnologinya belum memadai,seperti negara lain

[Artemis3]

My country has became cashless not by choice but by force. A failed economy, and an awful government has produced the worst hyperinflation the world has today. With under 3% of the fiat money in physical form, people just can't use it anymore. And because of the hyperinflation speed, the remaining banknotes are too small anyway. They were just introduced last September, and are already useless.

Well be have had years of this, its only becoming worse now. In the meantime, the preferred means of transaction in my country has been debit card, and some fancy wire transfer using SMS or smartphone apps. Unfortunately a new dark cloud looms in the horizon: Because of US sanctions, american companies won't be able to operate much longer, this includes Visa and Mastercard. Guess who handles most debit card transactions here?

Unless at the 11th hour the inept politicians beg the Chinese to bring UnionPay here, we are facing a new crisis (and we just had a whole month of blackouts, which are still raging in most parts of the country...

Contrary to media beliefs, use of crypto in this country is almost non-existent, except to escape hyperinflation by exchanging the useless fiat into it. The worst of altcoins, even game virtual money backed on nothing (ie WoW gold), keeps far better value than our national currency. So people exchange their savings into those, and only when they need to buy something they exchange it back into the smallest amount of fiat they would need for the purchase of that day. And yes, the shop needs to have the debit card reader, internet connection (could be dialup or mobile) AND electricity...

Should any of these fail, no transaction occurs, someone returns home empty handed. No food today, etc.

But we had no choice, we became cashless de-facto, while you people can still choose not to. If your fiat ever fails and enters a hyperinflation spiral it will be too late to react. Now that you don't have the urgent need, you can design ways to make it work effortlessly.

Think... What can be done for these few rare occasions where you need a physical exchange? Well i gave it a thought: Do the same thing done in casinos and arcades: Tokens! (the physical ones). Just like you enter a theme park and you get tickets for the ride, suppose there is a machine where you buy them, and at the exit you can return the unused ones from/to your crypto wallet.

[Snaic]

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.

Of course, situations constantly arise in our life where it is convenient to use cash, and sometimes it is just the only available form of payment. Of course, the percentage of use of cash depends largely on whether you live in a megacity or in a rural area, on the standard of living in a particular state, the nature of your activity and many other factors.
Payment by non-cash money binds us to certain technical means and their normal use also depends on a number of reasons, and which can always fail.
Cash does not have these disadvantages.

[Visbay]

I used cash a lot because I don't have a credit card yet and most of the store I've visited do not accept credit card only cash payment,  I live in a third world country where only the few privilege are using credit card and there's not much store here in our country that accepts cryptocurrency.

But you will have to admit that we are in modern age where we can live good life even without any cash, I don’t consider the need of cash because I can see digital currencies are gradually replacing the need of cash in our life, we are able to use digital currency anywhere in the worked because internet has covered the entire world since long.

[Adriano2010]

Yes, here on my country i need cash for everyday use and i need it for buying food ussually, but i wish in future if possible for more and more shops and where i pay bills to accept crypto, but this maybe will take years.

[celot]

We always need cash money and we can't make all payment transaction using e currency bitcoin or altcoin because many country still not allowed for using bitcoin and altcoin as payment transaction right now.

[beatzcoin123]

As it stands, it will be practically impossible to operate or do transactions without cash (fiat) this can be attributed to the fact that cryptocurrency have to gained that publicity it need to break even, so for now, just few persons are aware of what crypto currency and the blockchain technology is really about.