Quote from: HarmonyA on December 21, 2019, 09:35:29 PM

Quote from: Sherwood_Archer on September 11, 2018, 12:06:40 AM

Now that more and more countries are starting to go cashless (http://www.bbc.com/capital/story/20180427-does-a-cashless-society-benefit-everyone), is it possible that we also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages? Paying virtually is very convenient for me as I do not have to bring cash and it prevents petty theft but what is the disadvantage?

It is possible to convert to cryptocurrency, but it is not possible to embrace it wholly and discard virtual currency. Because in the places where the people are not literate, they can't run their daily businesses without virtual currency.
We shouldn't limit cryptocurrency usage within the literate class in our society, the illiterate population outnumber the later. So how can we cover the gap

I dont think that its really hard to learn the use of crypto if they will try to learn people can learn but as much we are living in the digital era so one day it is going to happen that crypto will be using same as virtual currency. Infect at some places its being used as currency. There is no problem purchasing or selling with it because of the easy transaction with safe deposits.