Quote from: Ziskinberg on June 22, 2017, 05:42:33 AM

Quote from: gracia0023 on June 22, 2017, 05:38:48 AM

There are pros and cons of a cashless world. I believe that one of its positive side is, wherever you go and whatever country you will visit, you don't have to look for a money changer because you can do whatever transaction and pay the bills via online. On the other hand, poor people will not be benefited. Many people around the world is still ignorant on how to use technology as part of their daily lives. Without cash, It is possible that many people will use the ancient way of exchanging goods "barter" as a way of transactions. The problem with this is the exact value of goods cannot be determined and that is one thing that we should fear of.

Cashless world is not good for everyone, the reason we have variety of choices as a tool for our transaction is because the government will have to serve all the interest of the people. It's a big population and divided with different level of education, some maybe comfortable with transacting online but it's a headache for some and I'm sure the majority of people.

yes currently it may not be good but w can expect that with the passage of time when bitcoin will become more popular and when all the people of the world will start using bitcoin then it will become easy to live in a cashless world.