Quote from: stephanirain on June 03, 2018, 04:32:25 PM

Quote from: First77 on March 22, 2018, 08:43:51 AM

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.

How is digital money is your country ?? Bitcoin is a part of digital money.

In my country many people are using cashless or electronic/digital money because it is much convenient and faster to pay your bills and buying things through online. Many people are now used to have digital money because in our era technology is now a big part of our life and bitcoin is a part of technology and digital money, so i think soon bitcoin will legalize and will be used all over the world.

Yes it is but for this to happen there is a very long time to go.Although there are many people using these digital currencies but still a large percentage of people do not know about digital currencies and hence cashless society.There are many complications in using digital currency.Firstly you require an internet connection to operate the digital currencies.But internet connection is not possible in every corner of the world.These are also not centralised so they are not backed by central banks and governments.They are risky too.