In my opinion cryptocurrencies seem too volatile to be used in the future within a cashless society. For example, only a month ago Bitcoin was well above £12,000 and it now sits at around £7,000.
This does not mean I would not like to see it, I would love to be able to spend Bitcoin on Amazon, there have been rumours surrounding this. What are everyone's thoughts?
We are already in a cashless society where cards and online banking and payment are the new trends in the online shopping and even in our daily transactions. However, using bitcoin as a payment in online transactions would be possible if all those shopping platforms will adopt and make payment options for bitcoin. Nowadays, we are dealing with the cashless society and the existence of cryptocurrencies and sooner, physical money will be less and less to use.