Bitcoin Forum

-Digital books and kindles replaced library books

-Regular mail was replaced by email

-Previously, we took actual photos; now we take digital photos

-Digital music replaced cassettes and CDs.

-We switched to direct deposit from cash or checks.

How often do you actually have cash? It's rare that I do! The next item on this list is money.

Then... Buy Bitcoins.

In my country paper money is used way more than you'd imagine. But I still buy Bitcoin, since I expect world to ... evolve. As simple as that.

Yea, this. Especially when talking about the non-US/EU/CN/etc powerhouse countries.

But regardless, investing in bitcoin is a bet that people worldwide are going to need a decentralized currency with a solid monetary policy. We don't invest in bitcoin just because of the fact that everything is moving digital (I mean, PayPal and online banking are already digital for a while).

Digital money is used already for some time because most of the people are using credit cards with numbers on screen and if everyone on the planet
would want to withdraw everything from their bank accounts there would be not enough paper money to do it.
You should not mix digital money with decentralized Bitcoin, and governments will all support their centralized digital currencies and maybe even one global, and not Bitcoin.
It is important to see what people will support in near future, freedom and Bitcoin or slavery and CBDC... because I think this two are going in totally  different direction.

I would say not only decentralized but also anonymous if used well. Paper money can be replaced by digital means of payment, as it is happening, cards, payment by mobile or smartwatch.... The point is that digital payments mean a loss of privacy. Your bank, and the central bank of the day will know everything you spend your money on. With Bitcoin used in an astute way and maybe with other cryptos, we will be able to maintain privacy.

Your argument is good! However, the digital money revolution will not favor bitcoin. It is definitely a great digital currency common people have embraced. But when we talk about the CBDCs, that will be something controlled by the central banks. No decentralized currency like bitcoin or ETH, will get that chance. Bitcoin will always flourish in the way it is functioning today and its value will appreciate. So good time to invest.

But digital money revolution will be captured by the CBDCs and not cryptos. World governments will not let that happen!

There's Uber for taxi's and there's Airbnb for hotels.

Although we've been using digital money for years, the new thing about bitcoin is that it's revolutionizing the financial industry including the investing and payment sector.

It's a combination of both that hasn't been found before with the existing financial instruments.

I still often hold cash, because it is the only means I got to transact around here.
Hell, I would go 70% Bitcoin over paper money if it is only widely used here, but it's not.
People still use credit/debit cards over cryptos because they got used to banks.

this is the world of technology which has now almost penetrated all corners of the world, and be grateful that we are lucky people who can easily access everything digitally. while out there there are still villages that are very difficult to reach by the hustle and bustle of technology. like the oldest tribe in the world. and our job is to maintain harmony with each other, not to discriminate against current banknotes or digital money. what we need to change is the system and the understanding of it.

in my country, paper money remains the dominant transaction tool compared to digital money. Don't we have to co-exist between us technology users and those who still cling to conventional systems.

And what people don't get about Bitcoin is that it is the Uber and Airbnb of money. It doesn't have any physical properties but you know that they have the power to operate on their specific area of specialty. Let them see bitcoin go up to 100k and have them rush in to buy now that it is too late.

There's a difference between digital money and digital cash. Bitcoin works like cash and not like credit. Your bitcoins are units that represent you own your money and that no one owes you anything, just like in the previous digital banking-based systems.

Bitcoin is a currency, not a digital representation of fiat and the majority of those centralized exchanges make this hard to be seen clear.

Introducing digital money is not easy, we need to grow better than big companies, to attract small communities, I think with the number of large companies using bitcoin masrayat will believe in digital money, because people do not want to take risks in new things.

Potentially. But let's not kid ourselves, in the current state of Bitcoin software, chances are that the typical person wouldn't be using coinjoins and mixers and such(or probably not even coin control). I'm looking forward to having a genius creating a way for the typical non-technical newbie to easily have privacy to a certain extent(and hopefully without spending much).

In all these examples there is evidence of how the digital version has taken over the previous paper version and how all of these paper-based companies have disappeared.

I agree that money is yet another of these much needed transitions. Crypto seems like a logical option but who knows maybe there could be something else not yet developed... In any case a change to the financial system is but inevitable

i keep buying bitcoin because i believe in freedom being my right not because i think the world is going to change. i don't care if 50 years from now the world is still the same and everyone is using the same corrupt banking system that buries us in debt every day up to our necks. i keep buying bitcoin and increase my financial freedom while everyone else is on a wild goose chase.

Nice way to convince people to get on the crypto train. We just have to come to terms that the wheel  of time has turned and have to move with it,this is a digital age and people might not use crypto but are still digital when paying for stuff...could be leveraging NFC  technology and we need to embrace it.

Now that you mentioned I hardly move with cash on me unless I intend to have a meal away from home and intend to tip the person attending to me.

this may be true for very developed and developing superpowers but there are still many countries that still have problems in the field of facilities and infrastructure so that this kind of use is still very taboo in countries that are still lagging behind. and this is still the case in my country, because some people still use paper money more than digital but that doesn't mean digital money doesn't exist, it's just that its use is still not felt by everyone.
of course I really hope all countries can use this kind of thing in the future because with this everything becomes simpler and there is no need to bother in any way.

Well, we're all waiting for bitcoin to reach to $100k.

And just as those services that doesn't have physical properties but they're becoming known through digitalization and with the use of Internet. Having bitcoin is also like owning your own bank.

That's the quote that I've learned from blockchain.info now blockchain.com long time ago.

Just a number or code saved on the internet, those who understand the technology behind bitcoin will be appreciated and more likely invest in it since they know that it will evolve and will I guess become more expensive in the future.

I believe this digital money that they called bitcoin because, for me, this is not just because a currency, moreover, this is just a store value that will be your asset and make profit in the future while having this and holding for a long time. Imagine, if I know earlier this bitcoin since 2009, I can able to accumulate even thousands of bitcoin and now I can't imagine how wealthy I am.

This is really now the reality, in today's world digital money is real, as we can see things are evolving, changes are taken place and its inevitable and so in order to adapt to his kind or world we need to accept it and get used to it because whether we like or not we would be needing it. transaction, payment and among other are now made through digital money.

People who don't trust digital money like Bitcoin, it means they don't understand Bitcoin. Because those who understand Bitcoin, they will know that
there are many benefits that we can get, one of them is Bitcoin if hold in the long term will generate large profits. Because Bitcoin can not only be used
as a payment tool, Bitcoin is more popular as a digital asset. Therefore, I really believe that in the future Bitcoin will be used by many people,
now its development is very significant. More and more institutions are investing in Bitcoin, especially in the future, Bitcoin will become a global currency.

We are entering in the digital era in which all of the things may do in the digital world. Way back we are using mails but today we are already using electronic Emails in which it's more faster than the traditional mails and also it is more less hassle when we are using because this emails made us realize that we can send messages through the used of electronic devices and sooner cash will be able to be in the digital money also, nowadays people are getting to know what digital currency or also known as cryptocurrency due to the heavy news that are coming from this crypto so probably years may passed and we will also use this digital currency.

Society is more developed and everything is optimized. The trend of not using cash has become hot in many countries. I see digital transformation faster in Asian countries than in Europe and America. China has been using QR codes to transfer money since more than 5 years ago. The countries around them are more active in going cashless.
The pandemic is happening all over the world so the cashless trend is stronger.
For Bitcoin, it is a new, special kind of technology and only part of the population knows about it. I believe that decentralization, scarcity will make Bitcoin even more valuable.

There are a lot of people who invest in bitcoin and it changed their lives positively so don't tell us that digital currencies are fraud.

It is normal for a certain investment to have scammers but it depends on us on how we will handle it and secure it.

Know that digital currencies are now profitable and essential when planning to do online payment transactions.

Well,it depends of where do you live.Paper books will always dominate over digital books in many countries.


I have cash like all the time.I will never dump cash,because cash transactions dominate the economy of my country.

Digital money doesn't necessarily mean Bitcoin or altcoins.The money in your Paypal,Cashapp,Skrill,Venmo account are also digital money.You are spending digital money,when you are shopping with a credit/debit card.
The term "digital money" is very broad.

For more clarity, you have the understand that there's a major difference between cryptocurency and digital currency. While both are digitized, that of cryptocurency is very different. All currency that can be sent and received electronically are digitalized but not all are cryptocurency.

With that been said, your explanation of digital currency replacing fiats is valued but when cryptocurrency are brought into the picture, the argument become broaden.

That's mainly because most digital currency are government approved but that can't be said about cryptocurency such as bitcoin. The digital currency can easily be accepted as the new means of transaction but that of the cryptocurency would have some challenge before getting approved and that's just the fact.

I believe digital money will certainly be the future. I personally almost never have cash on me and have been like this for years.

Only 1% of the world knows about blockchain. We're still in the early stages to invest into cryptocurrency.  ;D

The problem is, most people will only adopt new technologies... if it is more convenient and more user-friendly. Now take Bitcoin in it's current application and tell me that it is better (without the Lightning Network) than other payment methods. (Example : Debit and Credit cards)

When I use a debit card, I simply tap at the pay point and enter my pin to finalize the transaction in seconds.... now compare that to a Bitcoin transaction that takes almost 10 minutes to confirm.  ::)  (Why will merchants and customers move to a payment option that are less effective?)  

Yes, Bitcoin transactions cannot be reversed and for small amounts, like a cup of coffee.. merchants can accept zero confirmations (low risk) ...but that is not ideal. Also, Credit card and Debit card transactions just look like it is instantaneous ...but it can take up to 2 days for the actual transfer of the money to take place between the different Banks.

Bitcoin transactions will be much faster, if the Lightning Network can be adopted by more merchants and customers.  ;)

Imagine when we are at 20% in a few years!  I think its spreading fast especially this year with Elon Musk and other famous people posting about crypto.

Actually the problem is that people will only adopt technologies they understand. You shouldn't compare yourself who has spent thousands of hours understanding all these complex terms. Leave the Lightning Network for a moment; Try convincing a merchant to adopt a highly volatile currency that works autonomously, with no support to help him. Now explain him why should he do that. Visa and and generally credit/debit cards are far more convenient to use, even if they're working centralizedly.

Not all people appreciate decentralization and that's justified.

20% won't come easy, but the growth should be exponential.
So even though 20% is still far, 40% will come much much faster afterwards.


You are both right and both wrong. People don't understand nor care how Visa works, but it's extremely user friendly (and yes, many don't use even Visa...)
So the wallets have to be even more user friendly and fool proof. Then... even those who rick and come use Bitcoin get surprised by the volatility and the tx fees.

For the merchants it may be easier, they just need a payment processor that accepts Bitcoin and transfers them fiat into the bank account (please don't expect all merchants install bitcoin software for payments and also handle tax for bitcoin vs fiat), so maybe a good first step would be to get more known payment processors accept Bitcoin (and maybe also don't make the prices 10% bigger if paid in BTC).

If so, average Joe will know the bitcoin is an investment vehicle and he also can pay easily with it (he will see it as payment option everywhere he pays). It may make him curious enough to try it.

While that may work in practice, it's highly ironic. I use my fiat to buy Bitcoin, then I purchase your product using Bitcoin, then you sell your Bitcoin to earn fiat. What's the point of Bitcoin in the first place? Isn't it unnecessary? Why would merchants accept Bitcoin as a payment method if they don't insist on its main purpose/philosophy?

It was created to prevent the requirement for a financial institution. Not to add an extra layer around it.

1% can make a scene for some people and even the media, maybe when users and people who understand cryptocurrency are at the 10%-15% point, to touch the 20%-60% figure is an easy thing.
The way it works is like a virus, which is easily spread when many people come into contact with infected people. The more people who are infected by the science of Bitcoin and start talking, the more opportunities for cryptocurrency growth will be recognized by the public.

You're right, but unfortunately I don't see a better way. As long as every country will ask for taxes to be paid in their own currency I expect that merchants of that country will prefer that currency. This makes Bitcoin only work as a "foreign" currency everywhere. And for such currency a conversion (i.e. an extra operation/layer) is the way to go.

The fact that you'll use this rather awkward workflow with most merchants doesn't stop you use Bitcoin directly where it's accepted, for example to pay overseas people for their work over the internet.


Although the virus analogy is interesting, I think that media (and greed) have for now more effect than "infected" people spreading the word. (it will change in the future when the % will be better)

in the times
modern like this the world is becoming more advanced and has shifted to a more efficient and more advanced digital world.
nowadays, almost all of them are digital. The transactions that I make every day are always digital. The use of cash has also decreased. This is also useful for avoiding direct contact with money that has changed hands, this will help the transmission of Covid-19 decrease.
I don't really use cash very often when it's not an emergency or it's absolutely necessary.

I agree that we are developing and becoming more focus on technology and finding easy way to deal with what we want just like on your examples.
But you forgot that it isn't just crypto that is considered as digital money we also have other E-Wallet for making online payment and government isn't really going to let Bitcoin be the main online payment or over took the Fiat currency.
I also want to support Bitcoin but it is becoming more like an investment tool rather than payment option.

The observance on how certain things have improved provided by the OP is due to the improvement being done on certain place. Now in terms of currency upon having fiat money going to digital money is already observable on many places but those were just fiat in the mode of digital money being deposited through online banking system. But cryptocurrency to be one of the commonly used digital money still depends into the place since not all have the availability of resources to adapt into the improvement. Many people also do still prefer fiat money since they believe it is way more easy to use since it is the accustomed one. But it my case, I prefer still using both depending on the situation of course.

This is all about market innovation, technology enhancement and there are two reasons why all things had come out and hit us, it is because we want to have a comfortable lifestyle and become more productive. I think everyone wants this thing to happen. But the used pf digital money just consider this as an option, we can still use fiat money and I'm still using it ( everyone does). However, we have to visualize what will be its huge impact on our life today compared before and we can see a huge difference. That is to believe that this gonna be more adaptable for the next generation.

It's too early to make Bitcoin a currency, because there are still many people who don't understand Bitcoin. After all not all countries accept Bitcoin,
Bitcoin still has a long way to go to be actually used by everyone around the world. This is the importance of a lot of education about Bitcoin, so that
many people realize that life will be easier if they use digital money like Bitcoin. But due to lack of government support, the process of introducing
Bitcoin to many people must go through a long process,  because the government is actually afraid that Bitcoin can replace fiat currency.

To be honest, there were times that I doubted Bitcoin as a future currency but as I see that even online stores these days accept it, I have seen its worth not just as an investment but also as a digital currency. Yes, it couldn't replace fiat but it would rule the digital world since it's more convenient and easy to use. It may take time but soon, people would appreciate the importance of Bitcoin not just because of its profit but because of its function.

There are some things that can't be replaced easily. Yes there are digital books and Kindles, but there are still libraries being built in schools. They never told students to read digital books. But I do get what you're saying, yes there will be new ways that technology will bring about, but that doesn't mean that the old ways will be completely buried.

It's all about preference when it comes to money. I make use of electronic payment methods, and I also make use of cash. But the majority of the people where I live are making use of cash (paper money) and I'm mainly able to make use of electronic payment methods when buying online and when I go to big stores.

To use bitcoin as a currency, it needs approval from the government, and I think the government will not easily approve it because they already have fiat, which they can control. Fiat now seems to evolve to digital money because we see that many applications use digital money and people need to deposit their money to that application to pay with that digital payment.

Bitcoin will have a bright future as bitcoin can help people have more options to pay their transactions, and that will not have any limits because bitcoin can cross the border between one country to the other countries. With the growth of technology, the digital era already comes to us, and if we can educate more people about bitcoin, they will try to use bitcoin as like they used the other digital money to pay for what they bought. We need to give more time for bitcoin to grow and invite more people to use and have bitcoin, and while we do not yet reach that phase, we can save our bitcoin in our wallet and wait for that time.

Most money has been digital for decades. It's rare that I actually use paper money or any other physically tradable asset for goods.

Bitcoin is different, but it's not a great system for digital money. Digital USD is way better and there are other cryptocurrencies that also do it better, if you're just trying to get away from the current financial system.

You are new and you have still much to learn.

I'm a bit worried though that even people who made it to this forum do think like this and they don't understand that the way the central-bank based currencies are designed and used by the banks is against the benefit of common people. USD already has the inflation. A central-bank issued digital USD will (most probably) also have the options for surveillance (full tracking) and seizing (if they want to, they can get your money). They are not a way to go away from the current system, they are a way to keep you in even deeper.

That's make sense. Many things is starting to digitalized. It seems that fiat will be in form of digital too. I think Government will still make sure that it's country still has big amount of gold although there is digital currency. In my opinion bitcoin still the best digital money because it is in form of cryptocurrency. It also make big opportunity for bitcoin too, when the world is getting familiar with digital money and digital payment maybe bitcoin will be more easily accepted as medium of payment.

I was not trying to make a case for central-bank based currencies as much as I was trying to debunk the OP's title and post.

I am all for the separation of the federal reserve and the ability for citizens to obtain goods with currencies, I just don't think Bitcoin is the answer for any of that; it is a great poster child and has served to really bolster the adoption of cryptocurrencies, but like I said, there are many better options now.

And to infer that "digital money" was somehow created by or originated with Bitcoin is silly - it's the first cryptocurrency, but it's not the first, last, or best digital money.

Hope that clarifies my stance and intent. :-)

in my country, there are still a lot of paper money and coins,, digital currency is still being planned, but bitcoin has mushroomed and developed in my country, many people have used it ... it's just that it has not been used for buying and selling transactions.

It does, but it somehow also brings more "questions" than "answers".



Well, if any digital coin is pegged to a central bank coin, it brings inflation and usually you also have to trust the issuer too.
If you come with other crypto currencies as being better, for being faster, or with bigger block size, or whatever, there's already a debate about that in another thread (https://bitcointalk.org/index.php?topic=5340468.new#new). The short answer is imho: such coins never had the volume + price + security of Bitcoin to actually prove themselves, but again, I don't want to derail this thread to become a copy of that one.

That Bitcoin currently is not the best digital money that can exist, I do agree. But it has proven itself worthy and it still evolves. And what the future holds, I cannot tell, maybe bitcoin will evolve in into what all expect from it, or maybe better one will emerge, future generations will see.

Cryptocurrencies are different from cryptocurrencies.
The one we see in bank accounts and controlled by the bank. One type is the currency used on blockchain technology.
I think cryptocurrencies (Bitcoin and other decentralized altcoins) are better than digital currencies because of their immutability, independence, publicity and security.

Well, I don't think it's a good idea to abandon the physical completely for virtual/digital. Don't forget the former tend to offer better privacy and has alot of other very important advantages people seem to ignore.
I would be making sure there are improved or there are much better physical alternatives just incase it becomes difficult/dangerous/impossible to use the digital.

I don't think it has to be happening. Because even we have to adopt the new payment system, many were still be using and accepting fiat money. As long as the government won't stop printing paper money, it will still exist no matter what.

It is to understand that many of the majority still not know how to use Bitcoin but probably in the days coming, they'll appreciate this and not only consider it as a pure investment but as a currency as well. This what I look at Bitcoin before but, for now, we're getting happy as it was already acceptable in our country as payment.

That's how it's going to be, we always choose whatever is convenient for us so we know where is the next evolution of money is and it is inevitable and the only way to benefit really big from it is if the people adopt really early because the later you ride the hype, the less benefits you could've enjoyed.

All the example you give, one replace the other one. But as for the money and digital money of a thing. I did not see where the digital replace the fiat. But, I can see that two of them can exist together because one need another one to grow or to continue to grow. So instead of seeing the case as replacement, just see them staying together and competing in the economy.

Governments are not against the digital money or cashless economy but they never want to accept the decentralization and anonymity while making payments, but humans evolve too so their supression helped the bitcoin adoption when government banned payment processors and banks to send money to wikileaks as donation.

I'm glad there is someone who saw the trend. Looking back some years, you'd realise the world started evolving digitally in everything. As it evolved, we embraced every form of evolution digitally until it got to money and there we have the problem of adoption.
Many people don't trust digital money largely because of the claim of the government. The government understands the freedom that comes with owning digital currencies and as such are doing everything not to make people adopt it.
If you'd ask me, I'd say eventually bitcoin and other cryptocurrencies will eventually adopted by everyone because that's just the where the world is going.

we realize that bitcoin cannot replace fiat money, but if you don't believe in digital money I think you are too outdated, because in the digital era everyone is looking for income through digital money, then they invest the currency, to be able to earn profit, then they exchange their money in digital to fiat currency,

Is important to know the difference between digital and virtual. Money becomes virtual in the first world war when it stopped having gold as a backup of its value, and it becomes digital when banks start making plastic cards and checks.

So, bitcoin isn't the first digital money, is the first digital decentralized money, and that's the difference, but already most of the money moves in a digital way. People don't want to have cash with them nowadays.

It is not easy to get the government to accept Bitcoin, because the government does not like Bitcoin that cannot be controlled. The government
already has fiat, which is now starting to adapt by entering the digital era. Which, as you said, is now starting to appear many applications that
can be used for financial transactions, because now almost everyone is starting to switch to cashless payments. But Bitcoin has the advantage of
not only being able to be used as a currency like fiat, Bitcoin can also be used as a digital asset. Which is what makes the future of Bitcoin bright,
therefore hopefully the government can realize that it is very good to make Bitcoin as an alternative payment. Let's just give it time for Bitcoin
to grow, as more and more people own and use Bitcoin, should sooner or later eventually I believe the government can accept Bitcoin.

Ain't no wrong about still using fiat money, we're all just come from that and we are still good but as the development and technology enhancement has come, it was also important to adopt the newest upgrades. Many people are still not believing about crypto, about Bitcoin as their impression is bad and just a scam thing. Well, it's up to them if they will think bad but for us who know already, we are 5 steps away from them.

But for sure, the time will come that they will open their minds and appreciate the features of digital currency. And to know that it wasn't its purpose to replace fiat money but for us to experience a better and easier life in digital world.

Well, it is not relevant here that paper money ceases to exist, if we take it as a goal in relation to bitcoin, I would say that it is not a priority in the adoption or in what bitcoin seeks.

In fact, if we go to his point of view, none of the old technologies you mention have disappeared are still there, some have even managed to adapt.

This is not in essence where the revolutionary idea of bitcoin is going, in fact if paper money were to disappear, it would not indicate the total adoption of bitcoin.

I believe in Digital Value!

Its only about the time, the paper money of fiat will replace by digital money. In my country, currently the goverment has planning to make digital money to make more easy and efisien when make transaction. In here, almost all people from 5 year year old has own mobile phone so that will support the transaction by digital money. This digital money also will trigger cryptocurrencies will be more popular.

Besides that, bitcoin can be used for investment, making people like the other benefits of bitcoin. They can start to invest in bitcoin, even for just a small amount of money. Bitcoin is not like gold, and the chance for them to make money will be bigger from bitcoin than gold. I guess the government will realize the benefit of bitcoin, and who knows, after they know about the benefits, they will accept bitcoin and involve in bitcoin, although they have digital money.

But people seem to need to have more patient because the government still focuses on the pandemic and solves the problem. After they can control this pandemic, they will think about other things, and perhaps, bitcoin will be the next thing they will think.

Maybe you are right, now the government's mind is more focused on solving the pandemic problem which has not shown any sign of ending.
The problem of a pandemic does take up almost everyone's time, so it is natural that Bitcoin has not been thought of by the government.
Hopefully this pandemic can end soon, so we can all focus on other things. But if we want to spend a little time learning Bitcoin, Bitcoin should be
an opportunity to make money in a pandemic situation like now. As you have said Bitcoin can be used for investment, meaning that we can make
money simply by buying Bitcoin. Moreover, the volatile price allows Bitcoin to be able to provide bigger and faster profits than Gold.

2 years of the pandemic makes the government work hard to solve and prevent the virus. And that makes people can not go to any place with freely. Their concern is still trying to make money from many sources and not stop doing that to survive the hard situation. If they know about bitcoin, they will try to make money and used it for investment besides making money for their daily lives. The digital era has come to make people aware and need to adapt to use the benefit from the digital itself, which can help them survive in this pandemic.

Yes, we all hope the pandemic can end soon, and we can have a better life.

The time will come when any transaction will be done digitally and cold cash will no longer be used as a medium of exchange but I doubt that digital money would be a BTC or any cryptocurrency coin since the government won't let it happen.

One thing I don't get about BTC or ETH:
If they are to become legal tender, how exactly should that work? With a supply of 21 mio max and each worth the price of a car, shouldn't it be impossible to break down the coins into fragments? Isn't that part of the idea behind it? If you can split it, it isn't limitless, but you surely can increase the supply.

digital payments are the same as we transact using bitcoin, the difference is that bitcoin is not yet fully used as a benchmark to become a legal tender.
but I believe that one day the digital era will make changes in the economy for the betterment of the world..

In essence this is like one thing that is related and deserves to have an important role in economic life and like one thing that is related to the future. Because the role of digital money (Bitcoin) has managed to develop rapidly and get a positive response for various things that can be done.

Seriously I believe digital money will soon take over because currently I don't really keep money in my bank account all my money is always in bitcoin and usdt I only withdraw small amount of I need at that moment to my bank account. The way people are keeping money in there bank account is reducing drastically which I believe with time people will definitely stop depositing in there local bank. I believe with time must countries will definitely legalize cryptocurrency.

In my country we use paper money to buy the cheapest food because we can also pay it by debit cards and mobile payments but they are more expensive.
I think we are all fortunate to know about bitcoin and cryptocurrencies before our governments regulate them.
The community has the power to support it as we are doing so far.
It is imminent that bitcoin and cryptocurrencies will replace money for now we are starting with inclusion.

Bitcoin is not the first digital money, previously there has been a version of digital money that makes it easy for many people to make transactions, for example, most companies are able to pay their employees by transferring digital payment systems to their ATMs, eliminating the old-fashioned way by giving cash to their employees

as time goes by, people will replace the old one with new one. all of them, because we take a forward step.
unfortunately, many people believe that this is scam. know just for negative perspective from unknown person. and afraid to find the truth about bitcoin cause of laziness. hard to take a fact when someone told them about knowledge.

There's no need for bitcoin to be actually be declared as a legal tender because we as a community have declared it on our own. And it has been used the same way for years and we don't care about the government ruling. When the government declares the same, that's just a bonus of good news.

And you forgot to mention the other difference, bitcoin is a deflationary currency unlike fiat which is an inflationary currency.

Digital money is not only safer but also a lot more secure nowadays.Another reason that digital money is better than cash is because it is very easy to track and no worry about scammers ,fraud.Using digital currency you can complete payments much faster than current and near future the transaction done digitally.

the advantages of digital currency do provide benefits to humans about an effectiveness. but we live in a country so we can't do anything that can violate the law. Therefore, if there is a guarantee from the state or a regulation from the government, the people will obey it

For my life, being prepared with cash to spend and repay the bank is a must (I used to take a bank loan to fix my house)), this resonates with the problem of preventing emergencies  from covid19.  however, I am still interested in investing in bitcoin/crypto as a net asset.  Its percentage is 35%

Nowadays, no matter how advanced internet technology is and digital currency is constantly changing, I still use paper money. I will plan for the unknown. When my mobile phone is out of power or an accident occurs, the money in my wallet will become the most important thing to help me, but we can see the difference between ten years ago and ten years later, I have to say that digital currency makes us now The world has changed dramatically.

The analogies you made are very apt. Indeed, it's on the way to the point where we're going to stop using cash altogether. And that's where cryptocurrency comes in.

Nope that is inappropriate because how come that the cryptocurrencies will comes in when it is already here ? meaning we need to wait for cash being stopped before the crypto market bloom? remember that crypto is already trillion in market and almost 2 trillion in couple of months back.
Well that is the case to consider as there are limited way to have Crypto helps us in our needs like loans and emergency fundings that banks continuously offering

In time those who hate bitcoin  and cryptocurrency will realize how amazingly superior cryptocurrency is over legacy banking. We are still in the crux of the exponential curve of mass adoption. It will became VERY apparent how superior it is in the years to come.

In our country, it is very comfortable to use digital currency, in my opinion, it makes things easier. Paying for food, shopping, paying electricity bills and others is all convenient when using digital money because it is not complicated and easy to just use the internet. However, paper money is still a dream for parents who do not understand technology and this is still very much in our country. Bitcoin digital currency has also emerged, but the government has not ratified it.

if you don't believe in digital money, that's your right, but you need to know that times have evolved,
we used to buy things, we had to exchange them for goods, in the past TV has turned into the youtube era, once coins are now paper money, we used to walk, now we have a vehicle, it's actually very important for us to keep up with the times..

You don't trust money in digital because this lack of understanding can lead to mistrust of cryptocurrencies' ability to keep consumers' money safe. For example, nearly a third (31%) of respondents believe that cryptocurrencies are quite volatile and that they need stability before they are ready to use them. There is also a common perception among consumers that cryptocurrencies will not last forever. A third (35%) believe that cryptocurrency is a trend that is not attractive enough to consider, you may not believe in money in digital, because you are influenced by the media you see often, but you should realize that money in digital is very popular.

You mentioned those line what is in my mind. What i want to tell but i couldn't get a person to tell everything like that. I had to use telephone to smartphone, paper mail to email, goods to paper money then mobile banking if people can easily adopted those things then why they are aware to adopt bitcoin. Its also a next level technology. Yeah we know none of those mentioned revolution didn't accepted by people when someone introduced first it takes time but accepted later. I think bitcoin is going to that road because bitcoin already adopted by El salvador and later it will be for all over the world.

That's a bit radical and knowing the current state of living in almost every country, total abandonment of fiat is going to be impossible, how would the impoverished people exactly buy the needed tech to use for storing their wallet? Even if the government gives them which is unlikely to happen in third world countries, impoverished people are technologically illiterate so there's an unlikely chance that a what you're proposing could be successful right now.

Most of the people are not understanding the importance of crypto currency. In this digital world, digital payment method will be used, it is common. We have to follow the trends. If someone don't value at crypto currency then just ignore him/her. He/she will understand the value of it in right time but nothing to be done then.

as time goes by, people will follow about technology, it will grow slowly, and spread from one thing to the other. people already know about digital money and they use it everyday to pay bill or the other. crypto, is different story because people wont think that bitcoin is digital money but asset.

Of course I believe. However, the demand for paper money is still high in the world. But I believe that one day the demand for digital money will increase in the world. The value of paper money will decrease. Maybe we can expect it between 2030 and 2040.

The problem is that some people are too optimistic about Bitcoin to be the answer and solution to everything in this world whereas it was said to be an alternative and modification to the inflation problem which the government cant fix through fiat currency.

Everyone may have their own preferences. I spend money more digitally than cash but as you said, it's different in your case. As far as losing money goes, it's much safer in a digital wallet than it is in cash.

If your mobile phone is out of power, it only means that temporarily you are unable to access funds. In the case of cash, there are much worse scenarios and digital money might be recoverable while cash isn't. You cannot go to the bank with a mutilated note.

Since the corona virus, I have seen a growth in online transactions and people try and avoid interacting with others physically. This is also the reason why we have seen so much talk about Bitcoin and blockchain technology for the past 2 years.

There is a banknote in any country. There are still many blind people in the world, they also need to live.
my country's mobile payment is very convenient, I have no habits with banknotes. The thief will often steal people's banknotes. The mobile phone is in hand, the possibility of robbery is not very big.

The thief can steal the credit card info with phishing or malware on the phone maybe easier than the banknotes. Unfortunately, for every form of money, there are thieves too. But yes, payments without touching the actual money is convenient. Just be aware, banks and others gather data based on when and what you buy and profile you based on that (some don't like that, some others don't care, but it's good if you at least know that).

In the very beginning people exchange items if they need. After that people use stone or some countable things for getting items. After that people starting the use of gold, silver and copper coin. When they face problem of counting people starting use of paper money. And now we are shortly use digital currency. Hope in the nearest future cryptocurrency will be the currency of all the country in this world. There will be no alternative for us without crypto currency in future. So believe in cryptocurrency, this will be the future.

Yes, impossible. Not getting rid of that fiat entirely would be a mistake. Internet and smartphones are very common these days but not everyone can use them. My parents still use Nokia 1200 now, How will they live if fiat is abandoned?. Digital currency or cryptocurrency is only suitable for young people. may not apply to everyone.

Personally I strongly believe in digital money, as I feel more comfortable trusting technology than people and banks. It is attractive for me that nobody can ban my transactions and I can send as much money as I want without reports about where I got the money from. Unfortunately, crypto is quite rare in my country, but I know that in some countries you can pay in crypto, so I hope that it will sweep the globe one day.

I would say people understood the worth of cryptocurrency but a little bit too late because now the price is soaring and it's hard for an average person to buy 1 bitcoin.

Right because digital money usually means controlled by banks and it's not much different from cash but crypto is a different concept and because of the decentralized and deflationary nature, the price will soar even higher. Plus, the reason why digitalization is rapid in large countries as compared to growing nations. Some countries don't have the right setup for digital payments and hence cash is the dominant payment mode.

Everything needs a process to convince the wider community of this digital money, for now not many are able to accept it. 
But over time, everything will be digital and the means of payment will be, at that time no one will doubt the digital currency Bitcoin.

There are many advantages to use digital money transactions than cash money, but not all countries in the world have started to using it due to government restriction . Hopefully, soon we will be able to use digital money directly all over the world.

Paper money wasn't replaced by digital ones yet just because it's more convenient for criminal transactions and there are a lot of people who rely on this kind of activity for a living. Paper money doesn't left any traces, while digital currencies are totally trackable by the police. For that reason I think it will still take a long time until paper money disappears, although it could have already disappeared since digital money fully replaces its function with advantages, including the fact we can control diseases proliferation more efficiently only by using crypto currency or debit/credit cards, as paper money goes into everyone's hands.

Bitcoin cannot fully replace fiat, also, the items you mentioned are different and have a different nature from money. So, you can not fully place bitcoin on that same scale. People have always know fiat and will always want to use it. Have you thought of the disadvantages of crypto? Like the fact that you cannot access your funds without power(electricity)? Imagine if your phone powered off when you needed to make a payment. IMO, no matter the adoption, people will always still use fiat for most payment.

Bitcoin does provide many benefits for its users, even transactions with Bitcoin do not need to go through third parties such as fiat. But that doesn't
mean Bitcoin can replace fiat, I agree there are still many places that have not been reached by internet and electricity networks. So Bitcoin cannot be
used where there is no electricity and internet, while fiat can be used anywhere. After all, Bitcoin was created not to replace fiat, but as
a payment alternative. So it would be ideal if Bitcoin and fiat co-exist, this will make it easier for many people to make financial transactions.

It was very convenient to use a digital currency like Bitcoin for payment but the problem is that it was not yet accepted by our local establishments that still give us no choice but to still fiat money.

yeah, it could several decades to wait until it is fully accepted, something like I/we miss that opportunity. But this is not a reason why we don't invest in them if we are not able to use them for payment, buying stuff these days, might be our children could enjoy it in the future.

Talking about digital money is not only focused on Bitcoin digital currency or cryptocurrency. Even Fiat is currently available in digital form.
Currently, it has become a digital era and most transactions are already using digital.
Some people who do not believe in digital money such as Bitcoin and other altcoins, are those who do not understand and understand how the advantages and disadvantages are.
Fiat and bitcoin or cryptocurrency will remain side by side. In this digital era, transactions will be very easy to do, just choose what you want to use.

The lack of shops and services accepting bitcoin as payment really makes the adoption of crypto currencies for daily purchases slow. Personally that is the main barrier I have found, because I would like to use bitcoin to pay bills or goods at the supermarket, but unfortunatelly it's impossible right now. I really would like to see this becoming possible during my lifetime yet though.

Bitcoin payment is very conveniet for us but not everyone knows about it. A lot of people doesnt have any idea what bitcoin is and not everyone have an access and have a smart phone to use and money to invest with bitcoin.

there are 2 types of people that is who prefer to use digital currency and also groups of people who like fiat. in my country crypto is well accepted and many people are also currently starting to learn crypto. even so there are still many people who use fiat for everyday. so it is not fully familiar with digital currency. some people say that digital currency is detrimental but I think digital and fiat currencies have their respective advantages. if we can make good use of dogital currency, of course it wil not give a loss.

Buying essential needs becomes easier during this pandemic, thanks to online store apps and digital money. Crypto is also helpful, especially Bitcoin, since it is easier to convert and accepted. The crypto wallet I use actually accepted as a payment method on the online shopping app that I regularly use.
It's such a convenience. Paper money is still important and usable in my case cause it is more preferred in local stores near us.

Replaced but not banned, right? Anyone who wants can still use the other method as long as they are safe, still exist and can be made. That should also apply to money. The alternative may be needed in the future, you never can tell.

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When people deposit money to the bank they just give them a number, it is just an illusion and they called it digital money. Though the central bank and the govt print money by their own wish by ignoring the reserved commodity but still all banks of the world will be bankrupt if the users wanted to cash out their money at a time.
Banks know very well how to play with public sentiment, they know all people will never come to cash out money together.

Bitcoin is also digital money but Conventional Digital money and Bitcoin are not the same things. I strongly believe decentralized Bitcoin will replace the govt regulated conventional digital money.

You can't blame Bitcoin for the limitations fiat currency  faces. If bitcoin is gaining more popularity it is because of it uniqueness as a digital currency. People would always the go what is easier, faster and profiting and Bitcoin indeeds meets these requirements.
 And I am not in anyway implying that Bitcoin is the perfect replacement for fiat. Definitely not.  Fiat has it place and advantages.

Still on the users end to choose between, and it's not debatable since we already seeing that alternatives are available

in many forms, speaking about money, digital processing are likely being updated from time to time and many alternatives

are being presented which includes Bitcoin and other cryptos.

Hopefully we are able to build a future, based on the blockchain, that makes it as easily accessible for the less fortunate to hold virtual cash as it is for them to hold physical cash. We should be wary of moving too fast into a cashless society, because notes and coins give a degree of stability that is independent from the electric grid. While Covid has shown that most transactions can be carried out without cash, it was perfectly possible for most people to exist while using existing card processing networks that have no relation to cryptocurrency - they are the next logical step towards using virtual money, with currencies like Bitcoin still needing a few decades to potentially mature and build the same level of trust with the average person.