Post
Topic
Board Economics
Re: Imagine a cashless society
by
tambok
on 30/04/2018, 15:59:29 UTC
Just by using your phone, you could purchase almost anything. No need to withdraw on an atm. No more heavy coins on your pocket. Paying bills, and purchasing tickets without standing on a line. Very convenient and less time consuming. I know we're already using credit cards right now, but using a single currency like bitcoin world wide could really help on transaction, having less error than the normal and faster transfer and of course the security. Do you guys think this could happen in the future of bitcoin?
A non-cash society will definitely grow, so many people are joining Bitcoin to get virtual currency, and the world is now developing a virtual currency with a big model. , I think in the future cash will not survive to grow as many virtual coins. In my country cash has been less used.
So far now, I don't think that cash less society is impossible, for sure that it is not impossible, as we all know that it is getting adapted already by most people and it will definitely adapt in times, since people prefer not having a hassle transactions just like paying bills, they would prefer paying in bitcoin rather than falling in line outside.