Quote from: fredo123 on May 11, 2018, 02:44:02 PM

Quote from: McDonalds5 on March 21, 2016, 11:50:25 AM

Poor people and small businesses rely on cash. A contactless system will likely entrench poverty and pave the way for terrifying levels of surveillance

http://www.theguardian.com/money/commentisfree/2016/mar/21/fear-cashless-world-contactless

Discussion

Crypto's are the most efficient and convenient to use rather than paper money, With regards to poor people, I guess government will find solutions for poor people if the time may comes.

Crypto is only good when we use to carry out transactions worldwide, more precisely, it is only suitable for long distances, with direct transactions and relatively close distances, it does not clearly show the advantages that it possesses, and it even shows its inconvenience. And I do not think the government can find a solution for the poor when conditions that poverty and lack of knowledge have lasted so long, what they can do is just limited and improved, can not be thoroughly eliminated, a cashless world will be a very distant story, it's not even possible, so we do not need to be afraid when this problem does not come or happen in the time that we exist.