Even in countries that accept crypto such as Japan, not all shops can accept Bitcoin for payment, so we also have to have cash on hand. But I don't know, in El Salvador whether all shops accept Bitcoin or not.
-
Welcome to our community! 🌟 Don't miss out on the latest Events and Paid Offers available exclusively in our Community Events & Paid Offers Section. Dive in now to explore and benefit! 💼 -
Please take a minute and review that our Referral System Guidelines and Rewards Have Been Updated. Please review here!
Is it true that physical money will soon be replaced by crypto and eMoney?
- Thread starter Suba
- Start date
100 percent because in my country people are not so interested in cryptocurrency, but the government will develop an electronic version of our currency
Same thought I'm having especially when it comes to people in the rural areas I doubt it would be possible.
eLdavis
Media Lab Marketing Team (Digital Promoters)
Staff member
Digital Promoter
Gold Supporter
Literary Virtuoso
Registered Member
- Joined
- Sep 21, 2023
- Reaction score
- 693
- Trophy Points
- 0
- Location
- Nigeria
- D Bucks
- 💵39.312025
- Referral Credit
- 0
Very true, most of them do not trust anything that has to do with Internet, so I doubt they will be even prepared to use it relating to their money.
Lol you are right about this. In fact a lot of them.judt believe it is about Yahoo only online. So anything online isn't their business
Few days ago in UK all digital payment in few major stores stoped working for few hours. People could not pay food since they didn't have cash. Now everybody have some cash just in case.
E money would surely replace their physical cash equivalents. But for crypto, it would stay in it's place as an alternative payment for cross border payments, and they would work in pari pasu with fiat currencies.
