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?
It's very possible to be massively adopted worldwide because of the ongoing COVID-19 pandemic. We are beginning to adopt cashless transactions from here and there since there's a chance that the virus may spread on these paper bills. Right here in the Philippines, GCash is the most common method for QR code and cashless payments and were already adopted in SMEs, convenience stores, groceries, malls, etc. However, only a handful of the citizens are using GCash and still using the traditional paper bills.
When I buy something to eat or drink on Starbucks, Coffee Bean, etc., I start using cashless payments instead of paper bills. There come a time that more and more people would finally adopt towards cashless payments. This is just one of the positive sides of the pandemic, where we should adapt to the new normal by implementing cashless transactions.