Post
Topic
Board Bitcoin Discussion
Re: Bitcoin will survive in "cashless society" ??
by
bjmpoker001
on 24/09/2018, 01:39:00 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"

Bitcoin itself is cashless, and i think it is good because peoples are used to digital money.
debit/credit cards need a fee for 3rd party of it, but crypto is not. If cryptocurrency can be used in very low fee, then it will be the best digital currency.