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Author Topic: Coinless/Cashless World is advantage for cryptos  (Read 2943 times)

Offline Debasco

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Re: Coinless/Cashless World is advantage for cryptos
« Reply #15 on: March 05, 2021, 10:39:23 PM »
yh, cashless policy enhance crypto world because, the best means of implementing cashless policy is through electronic payment, and crypto technology is basically build with a technology that encourage e-payment, with this crypto can easily gain ground in cashless world. 
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Re: Coinless/Cashless World is advantage for cryptos
« Reply #15 on: March 05, 2021, 10:39:23 PM »

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Re: Coinless/Cashless World is advantage for cryptos
« Reply #16 on: March 05, 2021, 11:15:29 PM »
I think that cashless or coinless may happen and are happening this day. This is the era of technology. We can see many banks or parties also provide e-wallet where it is cashless or coinless. And they are legal to be used for payment and any transaction. But for crypto, it may be beneficial for the digital asset.
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Re: Coinless/Cashless World is advantage for cryptos
« Reply #17 on: March 06, 2021, 08:33:55 AM »
I think Bitcoin will soon replace fiat and everyone will use cryptocurrency and, accordingly, society will become cashless. Agree, it's easier and more convenient.
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Re: Coinless/Cashless World is advantage for cryptos
« Reply #18 on: March 07, 2021, 07:51:04 PM »
Well, like I've always said, crypto currencies are here to stay, and like the op rightly said, the coming of Corona virus has proven to everyone of us the relevance of digital currencies, it's just a matter of time, we all will be able to spend our digital currencies on purchase and payment of good and services both online and offline, digital currencies are a better money, far better than our current paper money cus of many reasons, one being that paper money has no circulating or total supply and can be printed anytime any day the government wants, there by causing inflation, but digital currencies are fixed in their supply, and the more scarce they get, they more they become valued.
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Re: Coinless/Cashless World is advantage for cryptos
« Reply #19 on: March 07, 2021, 11:45:33 PM »
Yeah, it is the development of technology and crypto is part of it. However, in the real world, banks and also many providers have offered cashless with e-wallet money types. Maybe it is not new again. What akes different is that crypto can be used not only for payment in the country but worldwide and also as digital assets.

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Re: Coinless/Cashless World is advantage for cryptos
« Reply #20 on: March 08, 2021, 12:43:57 AM »
However, in the real world, banks and also many providers have offered cashless with e-wallet money types. Maybe it is not new again. What akes different is that crypto can be used not only for payment in the country but worldwide and also as digital assets.

E-wallet is the safe place in times of pandemic.  :D ;D Thanks to e-wallet for helping crypto to introduce the cashless advantage over the traditional ways of payments and investment. Generally, cryptocurrencies catering the different fields of business sectors, health, educations, food and etc. People will support crypto slowly because they know the risk, potential and advantages.


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Re: Coinless/Cashless World is advantage for cryptos
« Reply #21 on: March 08, 2021, 06:23:41 AM »
Now we are gradually going to adopt with cashless world although it is difficult to establish fully cashless world but possible majority percent places of the world in the near future where Bitcoin and top few cryptos can lead the cashless world campaign. People can exchange, purchase goods and needs with crypto value. This is going to happen more widely in the upcoming days, already started journey with few organizations.

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Re: Coinless/Cashless World is advantage for cryptos
« Reply #21 on: March 08, 2021, 06:23:41 AM »


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Re: Coinless/Cashless World is advantage for cryptos
« Reply #22 on: March 08, 2021, 08:14:35 AM »
I think we have a long way for such a world. In Africa and Asia, there are too many places that still do not use fiat money. But for developed countries yeah this world is close.
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Re: Coinless/Cashless World is advantage for cryptos
« Reply #23 on: March 08, 2021, 09:31:01 AM »
I think we have a long way for such a world. In Africa and Asia, there are too many places that still do not use fiat money. But for developed countries yeah this world is close.
Yeah exactly, this continents have a lot of communities that even the physical fiat currency is not available and where trading by barter is still the norm and even in some where fiat currency is the only thing they will accept because they want that physical money on their hand. I believe this should not be the aim as to making the whole world cashless but to balance, for those that can go cashless do so and the rest do whats best for them. Same will apply to crypto spending.

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Re: Coinless/Cashless World is advantage for cryptos
« Reply #24 on: March 08, 2021, 02:50:54 PM »
The fact is that all consumerism, together with the banking system, have been trying for a long time to transfer people to non-cash payments, but this was supposed to be done with the help of the banking system and bank cards. But today, cryptocurrency offers the same opportunities, but at the same time will not allow governments to fully monitor the financial situation of each person, but over time They will have to accept, but they will try to come up with some kind of control tools.

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Re: Coinless/Cashless World is advantage for cryptos
« Reply #25 on: March 08, 2021, 05:28:24 PM »
Cashless will be must for next revolution. But this not the correct time to start cashless society. Very few people have enough knowledge to implement Blockchain technology. Its needs to be perfect. Most of the countries have the required infrastructure needed for this.
Also i dont think govt will support any non-government crypto after they launch their own currency.
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Re: Coinless/Cashless World is advantage for cryptos
« Reply #26 on: March 08, 2021, 05:35:19 PM »
It takes decades to do something like this. There is a lot of population in the world that does not know anything about blockchain or crypto, first, they would have to be digitally trained and as I said it would take a long time, where there will be no problems is with the most current generations and those to come, but at the moment it is not feasible.
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Offline vegasus

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Re: Coinless/Cashless World is advantage for cryptos
« Reply #27 on: March 08, 2021, 11:21:36 PM »
If most people are aware of cashless or coinless, it will be a good chance for the crypto world to develop. Crypto is one of the most advanced crypto technology. However, actually, they are already coinless or cashless in the world by using certain products to get the advantages.

Offline nicecrypto

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Re: Coinless/Cashless World is advantage for cryptos
« Reply #28 on: March 19, 2021, 09:54:10 AM »
I think Bitcoin will soon replace fiat and everyone will use cryptocurrency and, accordingly, society will become cashless. Agree, it's easier and more convenient.
I don't see that for now or ever even, Bitcoin replacing Fiat just because it performs just about same function. We all know fiat is a government controlled entity and is used as a means of control of the economy but this cant be said for cryptocurrencies in general except the Government have finally found a way to take total control of crypto then that might happen which is unlikely.   

Offline shadowdio

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Re: Coinless/Cashless World is advantage for cryptos
« Reply #29 on: March 19, 2021, 03:44:19 PM »
In the future no doubt that the world will be cashless but the fiat money will still exist.. just in case if your mobile is lost or no internet connection then you can use fiat as a second option payment.

 

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