The End of Cards

in cryptocurrency •  6 years ago  (edited)

In Thailand, I use a debit or credit card barely once a month.
I use cash, or I do a transfer with one of the many online, phone based payment apps, many of which give you a virtual Mastercard debit card anyway.

So how close are we to replacing the traditional cash transfer with Crypto?

Closer than you think. If you can do a super fast traditional bank transfer using Fiat, and almost all shops and businesses accept transfers here.Then the same phone and QR code can transfer Crypto. Not a huge leap is it?
Adoption is the key......and stop using bank cards. Let's make them redundant.

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Dear @nathen007

Absolutely we may be closer than we think. Cashless society is around the corner.

Look how long (not that long) it took China to get rid of cash.

Interesting topic buddy.
Piotr

Great

I could see something like this working in America, but the main problem is going to be standing up to the banks and their lobbying arms. I could see them trying to make it illegal...

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