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 could be impossible because as we all know that bitcoin and other cryptocurrency are decentralized in form and where ever economics book you will read there is no good thing to have an absolute decentralized system. This is why decentralized and centralized system should be balance and should not be taken absolutely because it could not do good with a certain organization.

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