Is the World Ready for Cashless Currency?

Hello friends,

My name is Kavita.

Thank you for giving me an opportunity to say something about the world is ready for cashless currency,

As per me, the world is not ready for cashless currency because there are two types of people who are living in this world from that some are educated & some are uneducated so there is the creation of lots of problems. As we know that most of the people of our country belong to rural areas and many of them do not have a bank account & very less amount of people properly know how to use online transactions. So I conclude that till the world is not ready for cashless currency.

Thank you.

Hello friends,

In my point of view, the world is not completely ready for the cashless currency because it is only helpful for the people who are educated or lives in town area where has internet connections, otherwise it is not helping the people who are don't know the use of mobile or not educated. And after all these some of the place having slow internet access that's why some people are suffering badly like sometime during the transaction, the transaction is stopped and later it is very difficult to refund. After solving all the problem, the world can ready for the cashless currency.

Thank you.

Not really, as we all aware about the literacy rate in India is very high as compared to the literacy rate.

Most of the Indians does not even know how to use an android phone.

Now talking about other countries they might be ready for the cashless currency.

In my opinion, China has lost the maximum citizen of their currency because of corona and now they have are very in number and most of the people living there are old, so as well all know old people don't get technology very easily it takes time to learn, for them it is not easy so China is not ready for Cashless currency this my point of view.

Good morning everyone my name is Vikas. As per my point of view, cashless currency is very useful for every people. We don't need to keep money in our pocket and chances of thieve your money is reduce. Fear in the people heart has been vanished now a days. However world is not completely ready for cashless money. People who are from villages are not able to understand cashless currency and they are not interested in this. For awareness of cashless currency, the Indian government should take the seminar for developing interest and conveying benefits of cashless money.

Hi,

According to me, we can not go completely cashless we need to have some money in our pocket for miscellaneous uses. Cashless means to reduce the use of cash. The government need to teach the methods of the cashless transaction through the various program to those people who do not have any idea about the appropriate use of the system. Otherwise, these people can be trapped easily. Cyber security must be enhanced for reliable transactions. According to me, the government need to work on to develop a much safer system before going completely cashless.

Hello everyone.

According to my opinion, the world is ready for cashless economy. It is one of the great idea.

Now the online transactions will be done through some apps like paytm, google pay and other apps which made the life easier. There will be no carrying of money in hand or in the bag to transfer the money by standing in que in banks because of cashless economy. Cashless economy is good initiative as it consumes less time to transfer our money to anyone.

This is very useful for today's generation as everyone has cell phone.

Absolutely, the world is ready for cashless currency but few countries are not much developed but most of countries are going to side of cashless currency it has lots of benefits you don't have carry money so just need smart phone and a strong internet connection. By this, robbery cases, theft cases have less. You can make transactions of millions in few seconds. But all these benefits we have to look after some points also because it require awareness among people. We have to educated each and everyone to safe from cyber attacks.

Hello everyone, today we are going to discuss about cashless transaction. Yes, in India 70% of then are doing now cashless transaction through net banking, Patym, Google pay, phone pay soon. Remaining of them who are come from villages, uneducated people are not ready to do by they not able to understand. Anyway, nowadays India is digitalized. It helps to control of black money and corruption. It leads to a growth country.

So we need to support the cashless transaction by giving awareness about it.

Yes, I think the world is ready for the cashless currency because the cashless currency helps in many ways preventing viruses on the cash while handing them at covid19 time this was very helpful that time and nowadays people are storing black money in their home so it also stops black money and it helps in Indian GDP we all know that cashless currency has good and bad as well because of cashless currency there are security issues and there is no privacy.


Thank you for listening me patiently.

According to me, only those people are ready who knows how to use the internet. Those who do not know how to use a smartphone or laptop can't do this. Without good speed, online transactions can't be done. And there are many countries where people are not digitally literate like India where population living in rural areas don't know how to use the internet. Before making this world cashless digital literacy and internet neutrality are important points which should be focused on.