Post
Topic
Board Economics
Re: Digital Money = Cashless Society
by
Gabash
on 26/05/2018, 14:34:25 UTC
It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.

Money earned from the internet is known as digital/electronic money. People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.

Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.

Bitcoin is a part of digital money. How is digital money is your country ??
...Cashless society have experienced the advantage of digital money or the electronic form of money as for online payment transactions. They realized that by using it it has a good impact for the users. Actually, my country started to adopt the cashless mode of payments.