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Author Topic: The future of the paper money  (Read 403993 times)
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June 16, 2016, 01:09:13 AM
 #1141

The future of the paper money is not so good due to the fact that everything is gonna be digital and nothing will be done with normal paper money anymore.
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June 16, 2016, 05:45:10 AM
 #1142

The future of the paper money is not so good due to the fact that everything is gonna be digital and nothing will be done with normal paper money anymore.
I don't think that future will happen soon, we have a good future with bitcoins but the usage of paper money will not be eliminated, it has been in the circulation for many years and people are already comfortable in using it. I like paper money a lot because when you put it in your wallet you can feel that you have financial freedom for a short time.

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June 16, 2016, 06:20:25 AM
 #1143

The future of the paper money is not so good due to the fact that everything is gonna be digital and nothing will be done with normal paper money anymore.

I can see that also that the future of the paper money is not really so good, since the adoption of bitcoin or digital currency is going to happen.
The government will going to implement cashless society in the future that's really going to happen.



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June 16, 2016, 06:48:00 AM
 #1144

I think and i believe bitcoin can not replace paper money. It would surely be used till the end of the world. The reason is people unaware about such technology will be found till the end.
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June 16, 2016, 09:53:18 AM
 #1145

What security and privacy risks would it raise?
Security will be hard here. It is really risky. Just one sample are the credit cards. They are physically used but they can be hacked. Unlike paper of course there is no hacking there.
 
And how would public and privately issued monies interact?
Hmmm.  That would be a big blast. Everything might change in the form of a digitally based money. I cant even imagine it that largely yet. How would you say how much oil per barrel is. Erghhh tried it and it doesnt sound good yet.
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June 16, 2016, 11:00:20 AM
 #1146

The future wil be verry good for the paper money for sure i dont understand why people think that the paper money will disappear later becasue that wont happen.
Maybe people are thinking like that because credit cards and debit cards have already captutred much of the gap and now bitcoin also came into arena to compete different currencies along with their technology.


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June 16, 2016, 01:34:32 PM
 #1147

Already morden world had burnt the paper money. Almost 15 years back itself, people had moved into Plastic money, that's cards.
When debit or credit cards replaced your paper money when you transact any thing, at that time itself paper money started to decline. We are in the beginning of digital money from plastic money.
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June 16, 2016, 02:22:12 PM
 #1148

The future wil be verry good for the paper money for sure i dont understand why people think that the paper money will disappear later becasue that wont happen.
Maybe people are thinking like that because credit cards and debit cards have already captutred much of the gap and now bitcoin also came into arena to compete different currencies along with their technology.
paper money already has all the advantages that people need, so I felt paper money will still be used as it is today, and may grow even more, people are also already use.

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June 16, 2016, 02:33:20 PM
 #1149

The future wil be verry good for the paper money for sure i dont understand why people think that the paper money will disappear later becasue that wont happen.
Maybe people are thinking like that because credit cards and debit cards have already captutred much of the gap and now bitcoin also came into arena to compete different currencies along with their technology.
paper money already has all the advantages that people need, so I felt paper money will still be used as it is today, and may grow even more, people are also already use.

Paper money will never disappear for sure, people find it convenient and are very comfortable in using it, and I don't bitcoin can ever replace paper money in future.
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June 16, 2016, 02:50:35 PM
 #1150

The future of the paper money is okay but not very good as we can see that everything is gonna be digital these days, due to this there is a big chance that it will go fully digital and the paper money disappear.
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June 16, 2016, 02:53:24 PM
 #1151

The future of the paper money is okay but not very good as we can see that everything is gonna be digital these days, due to this there is a big chance that it will go fully digital and the paper money disappear.

If the price of bitcoin reaches to the moon in future then majority of people will stop using fiat and switch to bitcoin, but still paper money cannot die as few users will continue their journey with fiat.
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June 17, 2016, 02:47:40 PM
 #1152

The future wil be verry good for the paper money for sure i dont understand why people think that the paper money will disappear later becasue that wont happen.
You are true that in the future it is impossible that paper money will disappear or will crash, but it is also not improving, their governments are not working for their development any more and they are remained as they are and I think will be.

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June 17, 2016, 02:51:20 PM
 #1153

The future wil be verry good for the paper money for sure i dont understand why people think that the paper money will disappear later becasue that wont happen.
You are true that in the future it is impossible that paper money will disappear or will crash, but it is also not improving, their governments are not working for their development any more and they are remained as they are and I think will be.

Government will never make any efforts in improving it as they know people don't have any other option and they will keep on using paper money, but bitcoin will change things in future.
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June 19, 2016, 02:56:31 AM
 #1154

The future wil be verry good for the paper money for sure i dont understand why people think that the paper money will disappear later becasue that wont happen.
You are true that in the future it is impossible that paper money will disappear or will crash, but it is also not improving, their governments are not working for their development any more and they are remained as they are and I think will be.

Government will never make any efforts in improving it as they know people don't have any other option and they will keep on using paper money, but bitcoin will change things in future.
Disappear is impossible but minimize the use will be probable, with the help of the internet it will make people more knowledgeable with the current technology and as human as we are we love new things that would give us the benefits and to fasten our goal. We are living in a fast pace world so if you will not adopt you be left behind.

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June 19, 2016, 08:15:23 AM
 #1155

The future of the paper money is not so good due to the fact that everything is gonna be digital and nothing will be done with normal paper money anymore.

Paper money cannot be eliminated very soon.  Almost every country paper money is available but for only able to use digital money u need to have internet and technology in every shop and also in villages. So we can say that both paper money and digital money will be used side by side unless the technology is available everywhere and all the time. 

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June 19, 2016, 09:55:36 AM
 #1156

The future of the paper money is not so good due to the fact that everything is gonna be digital and nothing will be done with normal paper money anymore.
I don't think that future will happen soon, we have a good future with bitcoins but the usage of paper money will not be eliminated, it has been in the circulation for many years and people are already comfortable in using it. I like paper money a lot because when you put it in your wallet you can feel that you have financial freedom for a short time.
Eventhough paper money is been there for a long time. There's still a chance that it will be removed as we see technology developing very fast and by that digital currency too will soon be accepted by most countries that has a very fast developing technologies.
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June 19, 2016, 09:59:05 AM
 #1157

The future of the paper money is not so good due to the fact that everything is gonna be digital and nothing will be done with normal paper money anymore.
I don't think that future will happen soon, we have a good future with bitcoins but the usage of paper money will not be eliminated, it has been in the circulation for many years and people are already comfortable in using it. I like paper money a lot because when you put it in your wallet you can feel that you have financial freedom for a short time.
Eventhough paper money is been there for a long time. There's still a chance that it will be removed as we see technology developing very fast and by that digital currency too will soon be accepted by most countries that has a very fast developing technologies.

Bitcoin will be used and accepted everywhere in future but paper money will not disappear, but there are chances that usage of paper money will be reduced because of bitcoin.
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June 19, 2016, 11:48:24 AM
 #1158

The future of the paper money is not so good due to the fact that everything is gonna be digital and nothing will be done with normal paper money anymore.
I don't think that future will happen soon, we have a good future with bitcoins but the usage of paper money will not be eliminated, it has been in the circulation for many years and people are already comfortable in using it. I like paper money a lot because when you put it in your wallet you can feel that you have financial freedom for a short time.
Eventhough paper money is been there for a long time. There's still a chance that it will be removed as we see technology developing very fast and by that digital currency too will soon be accepted by most countries that has a very fast developing technologies.

Bitcoin will be used and accepted everywhere in future but paper money will not disappear, but there are chances that usage of paper money will be reduced because of bitcoin.
Yes it will, think of it like futurism. Once we achieve things like flying cars, flying man with a rocket, etc. Thats the time people wont cut trees to used it as a money. I think when that time comes, people will be more knowledge and smart to think that they wont kill a tree just for stupid paper money and unless use the bitcoin as their currency.
serjent05
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June 19, 2016, 12:19:31 PM
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I think the future of paper money is threaten by the release of the "paper wallet" Cheesy  In this fast pace system, paper money , might  experience  the same faith as snail mail when internet become popular.  As more eastablishment  accept digital payment, paper money will lose it's usefulness little by little.   If this continue, paper money will be useless.

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June 19, 2016, 01:00:10 PM
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I think the future of paper money is threaten by the release of the "paper wallet" Cheesy  In this fast pace system, paper money , might  experience  the same faith as snail mail when internet become popular.  As more eastablishment  accept digital payment, paper money will lose it's usefulness little by little.   If this continue, paper money will be useless.
I do not believe in the future of paper money will not be used. I actually think that paper money is a form of money is very good, it is very easy to carry and exchanged, and it was not a hassle. and I'm pretty sure if bitcoin is growing, it would probably evolve into paper money in a matter of bitcoin

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