What will money and currency be like in 10 years or 25 years?

[coinnewbit]

for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything

I'd say digital money is simpler. Most money transacted is already digital anyway. And paper/coin currency will only become easier to counterfeit with better technology.

Indeed they are simpler, but the bitcoin network, protocol and actual 'coin' itself is very confusing to the mainstream public. Maybe in the next half century we may see the adoption of bitcoin into mainstream public.

It doesn't have to be Bitcoin, but the fiat banking systems are confusing to most people nor do they understand it. Paying for something with an app would be quite simple.

hmmm. but don't they have to all use smartphones?

[hilariousandco]

for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything

I'd say digital money is simpler. Most money transacted is already digital anyway. And paper/coin currency will only become easier to counterfeit with better technology.

Indeed they are simpler, but the bitcoin network, protocol and actual 'coin' itself is very confusing to the mainstream public. Maybe in the next half century we may see the adoption of bitcoin into mainstream public.

It doesn't have to be Bitcoin, but the fiat banking systems are confusing to most people nor do they understand it. Paying for something with an app would be quite simple.

hmmm. but don't they have to all use smartphones?

You could use some sort of card just like a debit or credit, but what's wrong with using a phone? Most people carry them.

[coinnewbit]

for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything

I'd say digital money is simpler. Most money transacted is already digital anyway. And paper/coin currency will only become easier to counterfeit with better technology.

Indeed they are simpler, but the bitcoin network, protocol and actual 'coin' itself is very confusing to the mainstream public. Maybe in the next half century we may see the adoption of bitcoin into mainstream public.

It doesn't have to be Bitcoin, but the fiat banking systems are confusing to most people nor do they understand it. Paying for something with an app would be quite simple.

hmmm. but don't they have to all use smartphones?

You could use some sort of card just like a debit or credit, but what's wrong with using a phone? Most people carry them.

*in developed countries. Another matter in developing countries

[hilariousandco]

for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything

I'd say digital money is simpler. Most money transacted is already digital anyway. And paper/coin currency will only become easier to counterfeit with better technology.

Indeed they are simpler, but the bitcoin network, protocol and actual 'coin' itself is very confusing to the mainstream public. Maybe in the next half century we may see the adoption of bitcoin into mainstream public.

It doesn't have to be Bitcoin, but the fiat banking systems are confusing to most people nor do they understand it. Paying for something with an app would be quite simple.

hmmm. but don't they have to all use smartphones?

You could use some sort of card just like a debit or credit, but what's wrong with using a phone? Most people carry them.

*in developed countries. Another matter in developing countries

Bitcoin could really take off in developing countries. There's already some sort of mobile payment system in some of them.

[coinnewbit]

for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything

I'd say digital money is simpler. Most money transacted is already digital anyway. And paper/coin currency will only become easier to counterfeit with better technology.

Indeed they are simpler, but the bitcoin network, protocol and actual 'coin' itself is very confusing to the mainstream public. Maybe in the next half century we may see the adoption of bitcoin into mainstream public.

It doesn't have to be Bitcoin, but the fiat banking systems are confusing to most people nor do they understand it. Paying for something with an app would be quite simple.

hmmm. but don't they have to all use smartphones?

You could use some sort of card just like a debit or credit, but what's wrong with using a phone? Most people carry them.

*in developed countries. Another matter in developing countries

Bitcoin could really take off in developing countries. There's already some sort of mobile payment system in some of them.

send sms  to pay that kinda thing?

[hilariousandco]

for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything

I'd say digital money is simpler. Most money transacted is already digital anyway. And paper/coin currency will only become easier to counterfeit with better technology.

Indeed they are simpler, but the bitcoin network, protocol and actual 'coin' itself is very confusing to the mainstream public. Maybe in the next half century we may see the adoption of bitcoin into mainstream public.

It doesn't have to be Bitcoin, but the fiat banking systems are confusing to most people nor do they understand it. Paying for something with an app would be quite simple.

hmmm. but don't they have to all use smartphones?

You could use some sort of card just like a debit or credit, but what's wrong with using a phone? Most people carry them.

*in developed countries. Another matter in developing countries

Bitcoin could really take off in developing countries. There's already some sort of mobile payment system in some of them.

send sms  to pay that kinda thing?

Yeah. I'm sure there are other forms of payment that we're unaware of too.

[zolace]

I think that will be almost the same,no matter of what new way to pay will appear,people won't give up so easily paying with cash .

[Hazir]

I am afraid. I am very afraid of that there will be only virtual currency in the future. It will be bad thing, imagine ONE big power surge, hackers attack, some sort of accident, corruption and BAM! You are nothing without power, you can't buy anything, you are basically nothing without without technology... This is really something that could happen, think about it.

[hilariousandco]

I am afraid. I am very afraid of that there will be only virtual currency in the future. It will be bad thing, imagine ONE big power surge, hackers attack, some sort of accident, corruption and BAM! You are nothing without power, you can't buy anything, you are basically nothing without without technology... This is really something that could happen, think about it.

Why could that not happen with our current system? Corruption really can't do anything to a decentralised network. There'll always be alternative means of power as well.

[rohnearner]

I think that will be almost the same,no matter of what new way to pay will appear,people won't give up so easily paying with cash .

The question here is what form of cash will we use by then..! I'm not talking about 10-15 years from now, because I don't think it will change so drastically in in that time from but maybe after 50-100 years..!

[Kiki112]

they will

cash can't just disappear in 10 years..

maybe in 200 years..

[zolace]

Yeah I dont think Cash will dissapear in 10 years from, probably Dollar coins will come into play in 50 to 10o years from now.

[Rampton]

Physical cash will probably go within our lifetime in developed countries. It just makes more sense to go digital.

[Holdaaja]

That's easy question, bitcoin ofcourse,  haha.

[Rampton]

That's easy question, bitcoin ofcourse,  haha.

We can only hope.