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Question: cash or digital, what's your favorite way to receive money as a gift?
cash - 10 (24.4%)
digital - 31 (75.6%)
Total Voters: 41

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Author Topic: What's your favorite way to receive money as a gift? Cash or digital..  (Read 647 times)
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October 28, 2019, 07:03:07 AM
 #81

Of course, people are like to receive their money by the digital system because of having some extra benefit from this segment, If you have cash money then you can spend anywhere, anytime but when you have to the other who are staying far away from you then you have to send digitally, if you have cash in your bank account then you have to withdraw from any branch or ATM booth, so you have to go there for when you need it, but if you have money in your digital format then you can make a payment at home, you can send money staying at your office even you feel safe when you have your money in the internet platform. that's why he blockchain and cryptocurrency platform is getting popular around the world.

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October 28, 2019, 07:18:37 AM
 #82

I prefer to accept payments using digital currency because if using a digital currency can be more practical when you want to be used for transactions because now there are many digital payments that can be more easily used.

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October 28, 2019, 07:51:18 AM
 #83

One thing to remember here is that "digital currency" can mean digital version of fiat currency (such as PayPal and Visa) as well as cryptocurrencies such as Ethereum, Bitcoin and Litecoin. Now it is difficult to find out how many of this 69% were actually thinking about cryptocurrency. That said, this poll had less than 10,000 responses, and I would not consider it to be representative of the general population.

But for me, all this is trivial. Nowadays, it is very easy to convert cash from one format to another. If I have cryptocurrency in my wallet, then I can easily convert it to other forms (physical cash, bank transfer, gift voucher.etc) in just a few clicks. The same is true, if I have cash in my bank account. So many exchanges and P2P platforms are there for this purpose. Even here in Bitcointalk, there is a "Currency exchange" section under the "Marketplace" sub-forum, which is having tens of thousands of active users.

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October 28, 2019, 08:49:09 AM
 #84

in my opinion most people now are aware of the benefits and advantages of cryptocurrency. so they prefer crytpocurrency over fiat money.
holding cryptocurrency is more profitable than fiat money. because in the future bitcoin has the possibility that prices will rise. whereas if saving fiat money will not get a profit it would be a loss because fiat money is always affected by inflation which makes the value of money decrease.

 
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October 28, 2019, 09:10:27 AM
 #85

Well if we back from old days we want receive money to a cash, But we are now in this era the way for giving money through digital currency because we are now in technology way so we must to adopt. And most people now are using digital currency it easy to use on how pay in any transaction and its not hard to carry wherever we will go. And sometimes i saw some people are now converting their cash to digital currency.
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October 28, 2019, 10:30:36 AM
 #86


 
People are increasingly attracted to receiving money in digital form.

The interest in digital cash is a glimpse into the future. The way we exchange funds in the global marketplace is shifting.
This could open a broader path for cryptocurrencies as a medium of exchange.

Time will tell. Now is the time to position.

Having digital currency as a gift is really convenient and high-tech. If you send someone a digital currency you will no longer get out of the house and go to banks or to remittance centers all you need to do is lie down in your room and send it. In England that may be the good way to send a gift but in our are which is a rural area and I am the only one engaging in cryptocurrency then I will not receive a gift. So in my case I prefer it in form of cash due the conditions in my area.

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October 28, 2019, 04:33:35 PM
 #87

the first thing that automatically comes to mind when receiving cash is related needs, and use it faster without thinking about anything else.
Likewise with digital cash, there are currently many online shopping choices that are constantly evolving, but because this is not a physical currency, they tend to save it first. If there is a gift voucher option, I will choose it because the physical code can only be used for certain payment situations, this is more in line with its purpose as a gift.
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October 28, 2019, 04:41:17 PM
 #88

Yeah, I'd love getting a gift of crypto but this poll specifies 'digital' cash, which could be something other than crypto, right?  It could mean adding a balance to someone's Amazon debit card or a prepaid paypal card or something similar.  It does *not* say 'cryptocurrency' and I have a feeling that the people responding to this small poll did not mean it that way.

Me, I'd love to have physical cash even tho I love cryptocurrency.  But that's just based on my present need for things that can be purchased with it.  A $20 bill in a birthday card is still a great thing.  I don't know anyone who's gotten bitcoin as a birthday or christmas gift.
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October 28, 2019, 06:20:17 PM
 #89

No wonder why, people are already adopting and accepting digital currency like bitcoin. Some people finally understand how a digital currency works, maybe they realize its value and the advantage on using it. Just like them i'll also choose digital, because it can be used for a lot of other things and its less hassle in making transactions and payments.
Even I would prefer receiving my gift through a digital currency for I don't want other people to have a say and access to it. I would much prefer receiving it in the form of bitcoin for it would be more convenient and decentralized so no taxations and such will interfere with my enjoyment. More people realized that it was the digital currency that could give us the most advantageous place.
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October 28, 2019, 10:02:49 PM
 #90

Cash is losing its importance very fast now. People are tend to use credit card or digital money rather than cash. Because people choose a more useful option than cash. It is also faster and safer too.

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October 28, 2019, 10:08:56 PM
 #91

Since I got to know of the digital world, I have come to appreciate the digital  currencies such as cryptocurrencies as compared to physical cash. Hence for  someone to give me gift, I would really appreciate digital cash since the transactions that comes with it  are readily available for me to see and serve as a good memory.

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October 28, 2019, 11:13:02 PM
 #92

What a savagery? The bank of England started a poll and got an unexpected answer from the people. This shows that people want bitcoin and altcoins more than the traditional bank-issued fiat currency. With cryptocurrency, people have freedom and control over their money.

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October 28, 2019, 11:40:48 PM
 #93

Digital currency coming from this generations where many people are already aware of innovations, if that digital currency is in the form cryptocurrencies then I would also wanted to receive the same. By this poll where  it's clearly stated that it's a gift, holding might increase the chance that it will increase
it's value.

We are inside crypto industry most of us have knowledge in regards of potential increase that may take place, acceptance of digital currency assuming
that it's crypto will be very acceptable by most crypto lovers.
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October 29, 2019, 06:40:33 AM
 #94

What a savagery? The bank of England started a poll and got an unexpected answer from the people. This shows that people want bitcoin and altcoins more than the traditional bank-issued fiat currency. With cryptocurrency, people have freedom and control over their money.
Many people today have an interest in crypto currency because of the huge profits they can make here. And you know the savagery here? Asking them on twitter, They didn't know it was the most used by crypto currency enthusiasts.
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October 29, 2019, 07:01:24 AM
 #95


 
People are increasingly attracted to receiving money in digital form.

The interest in digital cash is a glimpse into the future. The way we exchange funds in the global marketplace is shifting.
This could open a broader path for cryptocurrencies as a medium of exchange.

Time will tell. Now is the time to position.

Having digital currency as a gift is really convenient and high-tech. If you send someone a digital currency you will no longer get out of the house and go to banks or to remittance centers all you need to do is lie down in your room and send it. In England that may be the good way to send a gift but in our are which is a rural area and I am the only one engaging in cryptocurrency then I will not receive a gift. So in my case I prefer it in form of cash due the conditions in my area.

In the past I preferred cash cause it was easy and convenient to use, but carrying huge amounts of cash was always a problem for me. Now with the option to receive money digitally I’ll choose it over cash, as I can pay with a tap and not worry about my cash dropping here and there.

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October 29, 2019, 07:23:29 AM
 #96

   I prefer digital currency because it is hassle free and fast transaction. Also i can use it online anytime i want. Hoping to receive digital Christmas Gift this coming December  Smiley

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October 29, 2019, 08:25:44 AM
 #97

I also prefer digital money by the fee of cash into money. It is good to save a gift from digital money than cash because it is free but by coming exchange money into digital, it is difficult because I need money and in case of emergency you can use it immediately.



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Rainbot
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October 29, 2019, 08:26:38 AM
 #98

the development of digital money is indeed very rapid in my country now many emerging digital wallet that is used to store digital money. and I think now urban people are getting used to using digital money. and I also prefer to get cryptocurrency rather than cash. because if I get crypto like bitcoin I will be able to use it for investment. but for people who live in Pedesan I think would prefer to be given cash. because no store will accept digital money.

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October 29, 2019, 09:08:57 AM
 #99

Hold up mate, if what you mean on "digital" is just a digital representation of fiat then I might be slightly not interested (it's a money after all so I'm not a fool not to grab it) compared if you gave me a crypto that I preferred like xrp, eth or btc. Actually, it's not mainly about the money why, I want a crypto simply because it would make me happy if my friend also a crypto enthusiast like me. It only manifests that our community is growing bigger and bigger Smiley.
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October 29, 2019, 02:16:57 PM
 #100

Some countries have central bank controlled or private large corporation controlled (authorized by the central bank) email money transfers that work like paypal, sort of like an easy form of electronic funds transfer. You give you email address which functions as an identifier and the money goes into your bank account, which you can choose at that point, or have it automatically go to a particular one.

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