Is the cashless society nearing?

[Fivestar4everMVP]

I totally agree with the op, cashless society can only work if the entire world is well developed in a way that both the young and old have access to the internet and can also operate computers and smart phones easily, taking my country for example, there are several of our fathers and mother here who don't even know what a mobile phone is before we being talking of know how to communicate using mobile phone, if the society decides to go cashless now, how this this set of forks be able to buy and sell,?? This is one of the reasons why I think that cashless society is still very far away.

[UNIVERSE]

If we are talking about the means or matter of payment, fiat currency still becomes the price of money.
So far, many countries still do not legalize cryptocurrency as payment because it must be under the law of them. But if you are continuing to the next level, yeah crypto may be used as one of the but not for replacing fiat or making all payments cashless.

[sampoerna]

It is starting actually We can see that many merchants and also banks also create digital currency or creating e-wallet for transaction right ow and they re legal in countries. But for crypto, this is still debatable and some countries are not making them legal. And now, we can see that the world is changinh.

[ife2020]

this is 2021 and i can tell you confidently that the cashless society is far from here; several people are still dependent on fiats for day to day transactions' and even when investments are done with crypto currency; it is usually converted back to fiats for sustainability. Perhaps with time it will be get better but now fiat wins

[Bit]

In some certain developed counties, this may really happen so easily. However in these early days, many countries also develop their own digital currency. However, it may not be implemented in all countries because they may have different societies in which they may not be ready for it.

[I-Bit]

I think we are still far from a cashless society. We cannot use only digital money, cash or fiat is needed. Even if we mostly already use digital money, but I am sure cash or fiat will be always there. We cannot use digital money everywhere, also very old man or kids cannot use digital money. There are still many obstacles to use a single digital currency.

[Jacky]

I think that is not at all. Because I know that someday it may really happen, cashless is probably difficult to be implemented inc ertain countries. Moreover for those who aven left beings. In this case, we can continue with cashless money but still maintain the paper money itsel

[gunhell16]

Cryptocurrency is the future as we all know but for it to replace cash will take an incredible good number of years perhaps centuries because there are still a generation among us which do not know anything about the internet and computer and until such generation is wiped out of the surface of the earth, cash will still be in existence.

Cashless in some other way I think was being implemented now in some other things.
Just like using any credit bank card now in different places of the country, Paypal and more.
Even in digital currency or cryptocurrency or Bitcoin was also being accepted as a mode of payment
in the other as well. So, I think for me it is possible to happen in the future but not this time I guess.

[Delgboke]

Am not doubting the futuristic of cryptocurrency but what cryptocurrency project owners do at times makes us beginning to have double standard about the future of digital assets despite that some coins and tokens have already shown how futuristic they are but some just show how fake and scammury they can be as their owner future is that means not all cryptocurrency has the future?

[pelana vreo]

It is starting actually We can see that many merchants and also banks also create digital currency or creating e-wallet for transaction right ow and they re legal in countries. But for crypto, this is still debatable and some countries are not making them legal. And now, we can see that the world is changinh.

Yes, slowly but surely digital currency can be used on platforms such as paypal, banks are still waiting for policies or regulations from each country to be able to accept cryptocurrency, they are only interested in blockchain technology and I believe that one day cryptocurrency will dominate the circulation of world money.

[Confero]

Currently more and more people are using digital currency for payment instruments, and this shows that modern payment technology such as digital currency can be accepted by the public.  But this does not mean that people are close without using cash, because cash is very important, especially those of traditional people.

[Pheonyx]

This might be right but I don't think it will take centuries. If we take a look the generation right now how they are good in gadgets and how the technology right now is progressing. Plus the digital is being heard globally I can say it will come sooner than what we expect.

[pealr12]

Cryptocurrency is the future as we all know but for it to replace cash will take an incredible good number of years perhaps centuries because there are still a generation among us which do not know anything about the internet and computer and until such generation is wiped out of the surface of the earth, cash will still be in existence.

Those generation can not be wiped out just because they have no knowledge about Internet and computer rather development will catch up with them, even if they are in a remote area where this things are not available, some day this things will come to them, everything is process, just because people are ignorant of certain things don't mean they should be wipe of the surface of health,  that's too harsh.

[raisajahan]

I think cashless society is coming near future because of crypto era we will get benefit from crypto using no wallet. I always believe that in near future cryptocurrency will dominate the world money.

[aarif123]

According to me cashless society totally depends on the number of users of the internet the more and more people will use internet then more cashless society increase so I think new generation is totally cashless.