US Slowly Going Cash-Free, But Where’s the Bitcoin?
The US is starting to follow Europe down the 100% digital cash path – but does the mainstream media see Bitcoin as part of the solution? 3 Reasons for Ditching Cash. An article in this weekend’s New York Times gave the example of Sweetgreen, a chain of healthy-eating restaurants. After noting that cash transactions had declined to under 10% of totals and....
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Our society is evolving into a cashless economic infrastructure. Several European countries are trying to discourage people from using cash in order to pay for goods and services. That seems only normal, as cash transactions are a hassle when dealing with change amounts. The list of downsides when dealing with cash transactions is rather lengthy, and if Danish government has any say in the matter, Denmark will become completely cash-free in the near future. Cash Offers More Disadvantages Compared to any Other Payment Option. It is hard to imagine that cash will no longer be a part of daily....
PRESS RELEASE. The Bitcoin.com Exchange team will be giving away a Franck Muller Bitcoin Cash watch in a margin trading competition this holiday season. Bitcoin.com has announced a new partnership with the luxury watch brand, Franck Muller, and the branded “Free the Money, Free the World.” watch has now launched. The first-ever Bitcoin Cash watch from Franck Muller is part of the “Encrypto” brand timepiece. The new watch is a limited edition BCH wristwatch that is sold for 9,900 EUR and only 500 pieces are available. The “Free the Money, Free the World”....
The payments app has launched a new feature for its credit card offering that allows users to convert cash-back rewards into BTC for free.
It appears there will no fee for this new service, making it a free alternative to dealing with coins. Korea is the next country in the world planning to end cash slowly. The country’s Central Bank outlined a pilot program to pursue a coinless society in the coming years. This new service allows consumers to receive small change from retailers as a top-up on a prepaid card. An interesting spin on things, although it may quickly sell the end of physical coins and banknotes in Korea. This new venture by the Korean Central Bank sounds quite appealing, on paper. Rather than forcing a banknote....
With multiple countries around the world looking to become cashless, things are starting to change slowly but surely. In Germany, the Social Democrats want to impose a limit on cash transactions, as well as get rid of the 500 EUR note completely. However, Germany may prove to be quite a different country when it comes to abolishing cash, as non-cash payment methods are not gaining the upper hand just yet. Removing Big Notes And Limiting Cash Transactions. When it comes to paying in cash, the process feels a bit clumsy most of the time. Not only is there a variety of bills to take into....