Post
Topic
Board Bitcoin Discussion
Re: Bitcoin will survive in "cashless society" ??
by
gilangIDR
on 18/06/2018, 23:36:17 UTC
It is said now China is a "cashless society". Use of debit cards and credit cards on online & offline stores/shops, pay bills etc..

USA and UK/England are into use of credit cards and debit cards in a big way for online & offline stores/shops, pay bills etc..

Will Bitcoin survive in "cashless society" where money becomes digital/numbers ??

Just like Bitcoin which does not have a physical presence, money/cash will not have physical presence in "cashless society/countries"

Not just bitcoin alone surviving the cashless society, we have the prospective altcoins too. Just like a tweet from McAfee, that we should
Hodl our cryptocurrencies; government will beg to have us sell our tokens in converting to fiats.
Altcoin is indeed an important part in the development of cryptocurrencies. Currently altcoin and bitcoin become one of the financial system with a very large number of users. The market share is also very large and even beat other online financial system that has been long. Circulated, so paypal could be unbeatable by cryptocurrency. Gradually this will continue to grow and I believe in the future that the development of crypto will increase. If calculated then the combination of crypto and fiat could provide a much safer financial system. Over time then with the digitalization then we will be familiar with crypto and it is not impossible that in the future crypto will fully take over the world's financial system.