Post
Topic
Board Economics
Re: Digital Money = Cashless Society
by
cherryfer
on 23/06/2018, 02:24:03 UTC
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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 ??

Digital money in my country is same as what your stated here, aside from fiat money we have also paying bills using debit or credit card and also we have electronic payment transfer, digital payment method here in the Philippines was operated several months ago. but for making money cashless method with your own processing is not yet operated, that's what I want to use bitcoin because anytime I decide to make payment transfer or make an investment in front of my computer I did it in easy way.