Quote from: icecream sandwich on September 03, 2018, 01:45:17 PM

Quote from: First77 on March 25, 2018, 04:27:41 PM

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.

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

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

I think digital money will be good if it's implemented. It will make all of the transaction easier to do. But, I think it has a negative side also which is i do not know.

You are right it has a lot of benefit which we really need to get now for better life, for you for me and for all of us digital money has a lot of benefit but it has no side effect, as I never hear anyone regretting for buying coin, everyone is happy for higher profit with their investments, so I think we should support only digital money, cashless society is one of the modern form of society.