Post
Topic
Board Economics
Re: Will we ever live in a cashless society where cryptocurrencies thrive?
by
Celine Ariola
on 05/02/2018, 07:24:57 UTC
Honestly, I do not want a cashless society. Not unless using bitcoins is much convient to use when I wanted to buy candies, coffees and some necessities upon buying.

I believe that once cashless society is implemented, there will be more crimes and corruption.
One currency is not even equally distributed within specific countries.

I still want physical money and do not want to risk amount of money with volatility of bitcoins.

What is I have a million worth of bitcoin but it decreased because of different factors. That will be my loss and no one to be blamed.

I agree. Bitcoin's volatility is a huge risk to take. We might all end up in great trouble if it's value takes a huge step-back. It will be chaotic if we don't have physical money since not all of us will not have access to Bitcoins.