Post
Topic
Board Economics
Re: How a cashless society could kill Bitcoin.
by
Positid
on 07/01/2017, 05:19:11 UTC
I’m pretty confident that a cashless society will strengthen bitcoin. Banks they want a cashless world so as to have the absolute control of people's wealth. That means, banks will know every financial movement people they are doing and according their willing will accept or not their customers transactions. So, many people will turn to cryptocurrencies to fulfill their needs. Therefore more and more people will use bitcoins to buy/sell goods and services
I agree with that, bitcoin is cashless and we are just seeing an increase of adopters by the time it will happen. Government want to control people, so bitcoin enthusiast will remain in bitcoin to still feel the freedom and we can attract more adopters.