Is the World Ready for Cashless Currency?
Points to remember before you participate in this discussion:
- Assume you are one of the members of a real group discussion.
- Take the initiative to participate and contribute your thoughts.
- Contribute your positive thoughts towards providing the solution.
- Post your thoughts here.
Discussion:
54 comments Page 5 of 6.
Shreya said:
7 years ago
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.
(18)
Monisha said:
7 years ago
I want to add on to this as I agree with all of you. I think people are not yet ready for cashless economy as educated people are availing all the facilities but the poor n uneducated people are lacking behind. All big showrooms, shops are being cashless but what about those sellers who sell their products on street or those small shopkeepers who dnt know about the internet. First, there need to educate people n slowly slowly give them access to use.
(27)
Harshini P said:
5 years ago
Hello everyone,
This is an interesting topic in today's world scenario.
No, I think this is not the correct time to shift to cashless currency.
The basic need for a cashless currency is a smartphone which is not affordable by some people. The next basic need is a strong internet connection for transactions. Not everyone with smartphone can pay for the internet.
But in near future, it is possible for a cashless currency.
This is an interesting topic in today's world scenario.
No, I think this is not the correct time to shift to cashless currency.
The basic need for a cashless currency is a smartphone which is not affordable by some people. The next basic need is a strong internet connection for transactions. Not everyone with smartphone can pay for the internet.
But in near future, it is possible for a cashless currency.
(49)
Chandra Prakash Verma said:
3 years ago
Yes, in point of view, guys today We suffer from getting cash due to Notebandi.
That's why in my opinion cashless currency is best for our Indian youth and also all people who know about the internet and net banking also. But the disadvantages is cybercrime and payment field issue and lack of knowledge about Banking knowledge and its terms and conditions also.
Thank you All.
That's why in my opinion cashless currency is best for our Indian youth and also all people who know about the internet and net banking also. But the disadvantages is cybercrime and payment field issue and lack of knowledge about Banking knowledge and its terms and conditions also.
Thank you All.
(12)
Abhi Yadav said:
5 years ago
Yes, according to me, the world is ready for the cashless economy as we are seeing in the present time most of the apps are providing the benefit of cashless economy and these apps are getting positive feedback and it also decreases the chances of robbery. So, I think in nearly 7 to 8 years the world will rebuke the paper money and totally accept the e-money.
Thank you.
Thank you.
(5)
Ganesh said:
7 years ago
Hi, all.
My view is,
The world ready for cashless currency, it had a lot of advantages for cashless. Every transaction is recorded and we are reduced to fake currency, we are purchased through online, we don't carry to liquid cash.
Few countries are not ready for cashless, most of the people not trusted cashless transactions. They scared about cashless.
My view is,
The world ready for cashless currency, it had a lot of advantages for cashless. Every transaction is recorded and we are reduced to fake currency, we are purchased through online, we don't carry to liquid cash.
Few countries are not ready for cashless, most of the people not trusted cashless transactions. They scared about cashless.
(6)
Vuruvurvik said:
3 years ago
Hi everyone,
I am Vurvik I'm here to discuss about the topic "Is the World Ready for Cashless Currency".
In my point of view, it has some advantages as well as disadvantages. Also because.
In some cases, cyber-crime is more while using online payments, and takes lots of time in case of transactions, and we are just aware of cyber crimes.
I am Vurvik I'm here to discuss about the topic "Is the World Ready for Cashless Currency".
In my point of view, it has some advantages as well as disadvantages. Also because.
In some cases, cyber-crime is more while using online payments, and takes lots of time in case of transactions, and we are just aware of cyber crimes.
(11)
Prasanna M said:
7 years ago
Hi,
Thank you for giving an opportunity for me to share my knowledge on this topic.
According to me, the world is not ready because all the people don't know how to use online because some people are from the village and some are uneducated and some people fear about online problems because of this all are not ready to cashless currency.
Thank you for giving an opportunity for me to share my knowledge on this topic.
According to me, the world is not ready because all the people don't know how to use online because some people are from the village and some are uneducated and some people fear about online problems because of this all are not ready to cashless currency.
(8)
Mubi said:
6 years ago
Hello.
Guys, I don't think so everyone is ready for the cashless currency because of in our era different kind of people and everyone has own way of thinking well in our country, not all the people are educated firstly we should educate him and if we ever meet uneducated person we should encourage them we are the future of INDIA.
Guys, I don't think so everyone is ready for the cashless currency because of in our era different kind of people and everyone has own way of thinking well in our country, not all the people are educated firstly we should educate him and if we ever meet uneducated person we should encourage them we are the future of INDIA.
(21)
Akshay said:
3 years ago
In my opinion, cashless currency is a huge boost for the growth of an economy. As we all know India is facing a big problem which is existence of black money. Central government has introduced UPI which was a nice decision, as huge chunk of people have moved to making the transactions online, it is an early sign of growth.
(24)
Post your thoughts here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers