Is the cashless society nearing?

[Black ID]

In my opinion cashless is still the best payment system. Because cashless is indeed in great demand by the public and is very close to society in general. So that crypto is still unable to replace this cashless.

[Freemind]

@Black ID I don't know about you, but I'm not willing to pay commissions to buy a bottle of water with my credit cards. If cash disappears, we will not only pay commissions for everything, but we would be more controlled than we are now, if cash disappears, as ordinary citizens we will be lost.

[Evgenklm]

It seems to me now it is difficult to find a person who does not know what the Internet is and who does not have a bank card, but there are people who simply do not want to use these benefits, and we can not force them, so it was , is and will be.

[Freemind]

@Evgenklm you would be surprised how many people there are (at least in my country) who do not know how it works or how to use a credit card. Personally, I know people over 60 who don't know how it works, and those who are older don't know it either, they are used to going to the bank and waiting at the window for someone to give them their cash.

If we tell these people that cash is gone forever and that they are going to have to use their smartphone (which they don't know how it works either) or a computer to transact, they would just go crazy.

[Vladok]

All goes to this, but that's how long we will come to this, no one knows, so pay for cryptocurrencies cool, of course, but there will be every time transaction fees, and this is not very

[tsakf]

@Black ID I don't know about you, but I'm not willing to pay commissions to buy a bottle of water with my credit cards. If cash disappears, we will not only pay commissions for everything, but we would be more controlled than we are now, if cash disappears, as ordinary citizens we will be lost.

Agree. Cryptocurrency, is digital cash. Other forms of cash, will come up, as goods, that do not deteriorate over time, and everybody needs it, like laundry powder.

[Filo]

Define the near lol. I think we will be using cash at least for a decade. There r too many governments still hating cryptocurrencies. There are too many old people who cannot understand or will not want to use this new payment system.

[Sentinel]

That's right, in my opinion, this crypto will still be very difficult to replace cashless. Because indeed the crypto system has to change a lot if you want to replace cashless.

[Duckenth]

Money cash is still very much needed right now, and it looks like this will continue even though there are currently many Cryptocurrencies.  The progress of the era which has been accompanied by increasingly sophisticated technological advances should be accompanied by a modern payment system as well.  actually this cryptocurrency has become a solution, but there are still many people who don't know it.

[Fakhrulenclix]

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.

I think the purpose of cryptocurrency as an alternative money/payment not to replace fiat. Fiat always needed in every country and crypto can't replace it

[Mexite]

Cryptocurrencies can help countries go cashless but there are some issues that have to be sorted out. Which crypto would be solely accepted as payment for transactions (don't forget that we have thousands of cryptocurrencies). Even the high fees on Bitcoin and Ethereum blockchains are another limiting factor that can deter wide adoption of crypto.

[Jaguar]

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.

I think the purpose of cryptocurrency as an alternative money/payment not to replace fiat. Fiat always needed in every country and crypto can't replace it

Fiat is not recommended in to use in our actual daily transactions due to virus threat. We are all vulnerable to become affected by covid. In the future Fiat will slowly fade due to digital advancement and convenient use case. It takes time before it come.

[David0]

I am Refusing cash altogether is not quite the right decision, no matter how beautiful it looks.  High technologies cannot be applied everywhere.  And the most tenacious has always been symbiosis in any system. I am really interest.

[Gubre]

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 society is near and in my opinion it won't take centuries anymore because we are now in the era where being cashless is the best and perfect transaction because of the virus that we have right now.  And people are gradually learning the digital assets.

[David0]

Really very interesting