Bitcoin cash, the rise of the cashless transaction

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Hello everyone! How are you? Today's content is all about cryptocurrency. I want to share with this out of trend content, since a lot of you here already know that Bitcoin cash provides cashless transaction. It really helps us amidst COVID-19.

In connection of crypto many features are integrated. I was amazed when I've read the update of BCH wallet. They strengthen the security of this online wallet. I'm so happy that time cause it make my worries vanished.

We are embracing the new trend right now. We can't going back in the ancient times like our ancestors who uses the medium of exchange so called " barter ". It's not applicable to all transaction. But there are some instances that it can be use. Now, a a days we gradually increasing our knowledge about cashless transaction. It is because pandemic hits us. We can't do cash-to-cash transactions cause we might transmit the virus to others.

Experts and developers are collaborating to seek for solutions about the issue. And good thing they invented online wallets and crypto wallets. One of the reason in using about this is that it lessen the effort. It allow us to do effortless transaction. It's useful for us who seeks also security and safety. According to health expert most of the infected person is transmitted through physical cash. The virus remains in the cash. It lives for how many hours.

Allowing them also to multiply. That's why some expert advices for cashless transaction. In some reason the government also encourage to double our security. We are fortunate and it's our guarantee to take this as a blessing. Cashless transaction seems to be more convenient than other.

Lets just have enumerate some advantages of cashless transaction.

√ we made it easier for various transactions.

√ it avoids us from great danger of unseen virus.

√ it makes our lives more convenient.

√ it helps us to be technology oriented

These are only some of the advantages of cashless transaction.There are some features of other cryptocurrency and other online wallet that allow us to be more convenient. Somehow there are also disadvantages about cashless transaction. It's prone to hackers and phishing. Some individual who has a great knowledge and us their knowledge to take a wrong actions. Hacking is one of the most notorious crimes happened.

The truth is we are now embracing science and technology. We should always be aware of that. No matter what changes happens, we can't go back and practicing the ancient methods of transactions. Maybe, there are some individual who keeps practicing "barter" but it's not a trend right know.

Maybe, after decades, we can predict that cashless transaction seems to be a practical solution for our problems right now. People are practical. The next generation will be given a privilege to practice cashless transaction. They just use to it.

Lesson Learned

As part of the millennium, I am technology oriented. We can assume that some of the people in our generation has a knowledge about technology. Maybe, some of them are already know about cryto. Before, when I know about this platform I was so amazed cause it gives alot of benefits. So, I tried to search about cryptocurrency in YouTube. I also read interesting articles that talks about cryptocurrency.

One things I'm amused was it allow us to do cashless transaction. Its a thing that I'm so happy cause we don't have to go far away just to pay bills and items. Delivery riders are progressively increasing. We should be thankful to them cause they make our lives convenient. I intended to thank BCH since this is what I have right now, also alot of users are using this sort of crypto. I'm so grateful for this.

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Comments

In as much as there are disadvantages to cashless transactions such as hacking of accounts, it's still very much prefered to when it was time for by barter. Oh my God!🤦. There's no way we can go back to that stage

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2 years ago

Yes, that's true but expert can address that issue they must strengthen the security especially in Blockchain.

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2 years ago

I think, we will be using the cashless transaction in no time since our world is rapidly changing with the help of technology. I am glad because I found BCH .

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2 years ago

That's true we are getting through with it. And indeed we are starting paying through online wallet and crypto wallets. This is the best way to flee from risk of virus.

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2 years ago

Bakanisang araw crypto narin gamitin wala nang coins e, mas maayos un di mabigat sa bulsa saka isahang transaction lang sya

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2 years ago

Pwde din naman Kasi mas madali gamitin. I think the government is still interrogate it's process and concept. Mas mabuti naring maingay.

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2 years ago

Also if cashless, iwas germs na nakakapit sa pera. Madali na lang ngayon magtrasmit ng mga sakit. Mas maganda talaga pag cashless.

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2 years ago

I think majority of us also agree with cashless transaction. Yes I do agree with you, mas maiiwasan natin Ang transmission Ng virus through cashless transaction.

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2 years ago

No doubt cashless transactions are better we don't have fear of losing and stealing money its safe and secure we don't have fear of getting robbed

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2 years ago

That's the only concern to us. Our apprehensions leads us to doubt this kind of transactions. We do hope that developers strengthen the Blockchain and other technology.

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2 years ago

And the advantage of BCH over other Cryptocurrencies in cashless transactions is that it's fees is lowest. Soon people will do crypto transactions as a form of payment which now in many places has been started.

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2 years ago

I do hope for that friend. Hope it will happen soon cause theres alot of advantages when using cashless transaction.

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2 years ago

Crypto particularly BCH is perfect as payment nowadays. We don't have to bring money because just open your crypto wallet and scan. Then your transaction is finish. Easy peasy.

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2 years ago

That's right DennMarc it makes our life more convenient. We can also avoid and lessen the transmission of infectious diseases like COVID .

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2 years ago

Hala updated ka sa trend mah friend ha. Well, I'm in favor din sa ganitong paraan nang transaction. Sa tingin ko din kasi mas secure siya at safe lalo na sinabi mo patungkol sa virus. Can't wait na ma.experience yung may bibilhin tas i.sca.scan nalang magbabayad. Actually, meron na sa malalaking stores..

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2 years ago

Actually friend some of the store have integrated this system cause it's more convenient and easy to use, just a little bit scan and thats it, you'll be able to pay your order.

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2 years ago

Mas maganda talaga yung secured my friend nuh para hindi-hindi maaano sa iba. May bagong update pala friend. Di ko alam. Thank you sa pag share nito my friend. Good morning sayo. 😊

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2 years ago

I think friend matagal na Yung update na yon. Isinali kulang. Tama friend mas maganda Kasi secure. Welcome 😁

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2 years ago

Ah akala ko friend yung update ngayon. Oo friend sobrang importante nun.

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2 years ago

Thanks , yes friend medyo matagal na Yun.

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2 years ago