Post
Topic
Board Economics
Re: Do you need cash for everyday use?
by
marketone
on 01/06/2019, 05:15:55 UTC
In my opinion, most of today's society is in desperate need of cash for their daily activities because most of the shops, traditional markets use cash transactions so that if there is no cash it will be very difficult to trade in  everyday life therefore not all markets accept digital currency and not everyone knows about this digital currency
digital currency has not been effectively used, especially for countries that have not legalized it, even there are no transactions using cryptocurrency. therefore we still depend on cash to make ends meet

Yes, you are right in many countries cryptocurrencies are not legalised yet but even though they have legalised but still they are using cash for their daily usages. It will take another 10 years to implement the cashless world, in rural areas it is impossible to implement the digital currency.