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?
Virtual payments are available through various banking online services. Countries will adopt cryptocurrency only to get a piece from the cherry. They don't care for this domain.
Definitely, if only all countries will adopt and use cryptocurrency, making any transaction worldwide is easy to do, this is good especially for business purposes and not only that, it is a good investment being involved with cryptocurrency. More investors can be encouraged to invest their money in a particular project which is actually helpful to the community. Just think of it if that happens maybe the prices of every crypto will rise up.
First, the population of the country that decides to implement cryptocurrencies as a new asset. They should be educated on how to use it because from the beginning it is long learning. The use of cryptocurrencies as we all know requires discipline and knowledge is the main thing to that adoption of the new asset to work and not cause disinterest.
The country should improve telecommunications systems throughout the urban territory. For the good and efficient use of the necessary equipment such as smartphones, Wifi among others. I believe that it will certainly bring more advantages than disadvantages if a good marketing study is carried out and that it has an excellent team of developers who create advanced technology financial products and services.
You are right that if all countries convert to cryptocurrency it will bring us many benefits Crypto has improved many popular before When our country's government learns about its use every country will support crypto. Technology will be developed and the economy of the country will be fed.
Innovation is the best part with regards to cryptocurrency, because of crypto there are new technologies that can help us in so many ways like making transaction. Not only that because there are some projects that are supporting different charities and there are also projects that are supporting healthcare and also our environment. The government should allow crypto from their country.