I'm a BTC enthusiast but I don't support a cashless society. This would give unimaginable control to the governments over the people. Watch out what you wish for. Cash is king. Never forget that. BTC and cash can co-exist together.

I don’t know, but it will be very hard to see that cash doesn’t exist again even in the future. I don’t know why some people still think bitcoin will replace the local currency we are using, and it’s accepted by any government in any country world-wide. However,  even if we later see a cashless society, I believe the government will find another alternative for citizens, and many governments will continue to go against bitcoin and crypto currencies.

Furthermore, let’s keep technological advancement aside. Do you think there will be a situation where there will be no cash flow in a country? Nah, man, I don’t think so. It will be hard, although sometimes cash doesn’t flow regularly in a country, but for it to stop existing and bitcoin to take over is what I always think will be hard.


And this is what I always think will happen because there will be no cashless society as long as the government is there. Even if we witness such a situation, the government will find an alternative for citizens and won’t allow bitcoin to regulate and make it legal for people to use. Remember that the government cannot have control over bitcoin even if they make it legal for people, and that is what the government doesn’t want. Furthermore, it will also affect the smooth running of bitcoin if there is no cash flow in a society.

the cashless system may be growing but there are still some bottlenecks on this route owed to the following considerations :
> some financial transactions still need hard cash
> some people will stick to the traditional payment method no matter what esp those living in remote areas
> some merchants especially small ones won't accept digital cash payments but on cash basis only
> it is not practical to use digital cash to pay for coffee or some vegies in a wet market


just one example that not all people are into total cashless society. even if we say we are already into crypto market, there are still some worries that we need to think about. that is true, if it is total cashless, the government can track all your financial movements. i don't think that's good for your privacy.

The way I am seeing this latest acceptance and approval of this Gold to be use in the global arena, Bitcoin will be the international cashless coin for all the Nations in the world. Bitcoin will advance to the stage where all the countries will use it and there will be no fear to use the coin again. For now all the countries are trying to create their National Digital currency to link to the Bitcoin so that the transaction will be very easy for all to use. And when tht stage has come to the ecosystem then things will be okay for all in the world. Price of things will come down.

Without cash – they might just live in the depths of the jungle without ever seeing the beauty of the city. They don't need money or perhaps any means of payment - but there are only a few such primitive tribes in the world. While we are talking about the modern world - cash is something that is always available and everyone will always depend on cash even though technological advancements have changed the way people use their money.

Optimizing bitcoin adoption can be attempted - but people certainly need to consider transaction fees. LN has so far helped users get low transaction fees - but it will only be able to handle smaller transactions.

If one day governments are forced to adopt crypto as a means of payment, perhaps they will only use CBDC as a currency as a makes sense option compared to bitcoin which they think is too risky. To this day - governments have considered the idea, but not many countries have adopted it.

A cashless society is likely to take place only when the new generations who were born on the crib of technology are the only people in the world. The old generations won't adapt to a cashless society after living decades of their lives dealing with paper money. A shift like that would be too traumatic. At same time, it doesn't mean many of us can't already live without cash. It's actually already possible, and I'm a example of that. I've been making all my transactions virtually without any prejudices. There are very few exceptions where I can't pay through digital means (I think once or twice in a year time period).

The point is that a cashless society isn't going to happen through Bitcoin, but through the digital fiat version... Bitcoin is just too volatile to allow a society to have a stable financial routine. Human beings seek for stability. Bitcoin would be too stressing for people to deal with as main currency.

CBDCs are products of governments and central banks so if they decided to create their CBDCs, we can not stop them. They have power and corresponding agencies and tools to launch their CBDCs and make those CBDCs legal tender.

Some websites to track CBDC progress globally.
https://cbdctracker.org/
https://www.atlanticcouncil.org/cbdctracker/
https://cbdctalks.com/

With CBDCs, people will not be given private keys like they can easily have with a non custodial Bitcoin wallet.

Yes, this is true, for the new generation it may be easy to accept it because they understand technology well and for those who are old it will certainly be very difficult to adapt in this field because they have used fiat money for decades and it will be very difficult if they have to leave cash.
It is indeed impossible if we do not use cash and use payments via Bitcoin because the price fluctuates, of course it will be very difficult for people to use and transact and it would be better to use it to invest.

First of all, let's hope that there will never be a cashless society because if there is a one in near future, be sure that you'll never own your funds. Secondly, absolutely no one knows what will happen to Bitcoin because there are many problems today and will be far more tomorrow. Bitcoin can't handle massive amount of transactions, Lighting Network is not the best solution though, so, how are we going to make things easy and fulfill the demand of increased bitcoin transactions? At the moment, it's clear that current Bitcoin can't handle massive usage and the formation of cashless society will take so many years that we can't be sure whether we will still have Bitcoin or if there comes another altcoin that will take it over.

On the Bitcoin network there will really be some challenges especially when there's to many transactions on the network at once because all these small payment may add up to congestion and fees may spike up but then there is the lightening network and possibly there can be other services who could come up in the future to providing swift convertion and confirmation when btc is been used to pay for service both for purchase at stores too. I do believe it's very possible to have Bitcoin in a cashless policy as a means for transactions such that it will be acceptable to everyone.

With the approval of the ETF and the gradual adoption of Bitcoin by most countries I'm very optimistic that the future of a cashless policy where Bitcoin will be acceptable is possible and even close.