Can we live without money in the future?
By agihcam
@agihcam (1914)
Philippines
July 2, 2008 11:52pm CST
Just thinking whether it is possible.
Technology wise, what if;
1) We can use electronic process to buy foods, clothes and our day to day needs via our cellphone or credit cards and debit cards, even it is small amount.
2) Pay our transportation fare electronically
3) Tuition fees
4) Gasoline and etc.
Meaning all our transaction which needs money will be replace by electronic system. We earn from company via electronic system.
With this I guess, we don't need the real money. What do you think?
6 responses
@snowy22315 (182467)
• United States
5 Jul 08
I think money is being slowly phased out. We have been moving toward a cashless society for awhile. I myself rarely use cash. I almost always use a debit card or a credit card.
Almost everyone I know uses plastic alot more than they use cash.
@baileycows (3665)
• United States
3 Jul 08
Yeah I could see that, but what about the people that cant get debit cards because of bad credit and such. I think money will stay around.
@coolimrose (539)
• New Zealand
3 Jul 08
maybe it is correct to try thing as you do.Though not very sure.Why dont you give it a try.
@iftikharsumn (1471)
• Pakistan
3 Jul 08
but it will take a lot of time to convert our whole money process into electronic system may at that time we will not here.
For us it seems difficult but may be our children or children of our children will use that system
@misty99 (736)
•
3 Jul 08
With the technology boom yes we can live without this medium we use in exchange of goods or services we need or want.But I prefer paying it with the use of MONEY specially in groceries,it's as easy as 123 or ABC.They tell you how much you have to pay,you give them the amount.No need to press pins numbers and what's the most unfortunate thing that could happen?They'll tell you you don't have enough money to pay your bill or you don't have money on your account-for whatever reason it's only the computer/technology knows.That's embarrassing on your part and an inconvenient to everybody on queue.
Technology advancement and this debit/credit cards-why not.But if you're just buying things in the grocery or eat out in a restaurant it's more convenient to use money.