Post
Topic
Board Bitcoin Discussion
Re: It is possible that bitcoin will use nowadays in cash less transaction?
by
cryptoperkele
on 12/09/2020, 08:55:52 UTC
Nowadays government thinking is a cashless society to avoid corona virus spread out to the community or society. It is possible that the bitcoin will used in different transaction? Many country nowadays are imposing the system of cash less basis of any transaction. Specially, particular in buying commodities in the department store, petroleum product in gasoline station. even in transportation government impose a cash less payment. Since bitcoin is one of the most popular digital currency in the world, do you think government adopt bitcoin as form payment in cash less transaction in our society?

Firstly, Bitcoin isn't "most popular digital currency in the world", Fiat money is already in a digital form when you use it with your debit card. And cashless society has nothing to do with cryptocurrencies anyway. Bitcoin will most likely be used as a store of value then smaller purchases until the scalability issues have solved and adopted.