Post
Topic
Board Bitcoin Discussion
Re: Digital money is cashless society
by
liseff3
on 06/06/2018, 23:31:55 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.

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

China is one of the countries that prioritize the application of technology in various sectors, both education, trade and financial transactions. With the technology, at least they can save more money to rebuild their finances, especially in terms of transportation costs because every item they buy usually delivered to the home of the buyer.

However, the skrill, perfectmoney, alipay, and paypal, still have weaknesses, because their transactions, can not be done inside the house, they still need ATM machines or Counters to make transactions. Of course this is much different from what bitcoin has to offer, because bitcoin transactions can be done anywhere, even just with smartphones.