Bitcoin Forum
November 21, 2017, 11:54:18 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 [59] 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 ... 237 »
  Print  
Author Topic: The future of the paper money  (Read 403608 times)
gilangIDR
Legendary
*
Offline Offline

Activity: 980


MatrixCoin - Creating Bright Future Together


View Profile
June 19, 2016, 01:03:12 PM
 #1161

paper money is a payment konvensiplonal used by everyone in the world today. if it could be even greater bitcoin I believe paper money still will get a share. at least the future of paper money and bitcoin is 50%. both are still needed for economic survival in this world.


██████████.......█████......
████████████.....███████.....
███....█████.....███████.....
███....█████.....███████.....
████....██████...█████████....
██████......██████████...█████████....
█████......██████......████....██...█████████....
█████......██████......████....███.███████████...
█████......██████......████....███.███████████...
███...................█████████████████.███████████...
███..███..█████.......██████████.████████████.█████████..
███..█████.......██████████.████████████.█████████..
█████.......██████████.████████████.█████████..
██████......███...███████████...██████████.
██████......███...███████████...██████████.
██████......███...███████████...██████████.
██████......██.....█████████.....██████████
██████████.....█████████.....██████████
██████████.....█████████.....██████████
   
██
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █

█  ██  █

█  ██  █

█  ██  █

█  ██  █

██
   
██
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █

█  ██  █

█  ██  █

█  ██  █

█  ██  █

██
   
➤  TWITTER
➤  FACEBOOK
➤  INSTAGRAM
1511308458
Hero Member
*
Offline Offline

Posts: 1511308458

View Profile Personal Message (Offline)

Ignore
1511308458
Reply with quote  #2

1511308458
Report to moderator
1511308458
Hero Member
*
Offline Offline

Posts: 1511308458

View Profile Personal Message (Offline)

Ignore
1511308458
Reply with quote  #2

1511308458
Report to moderator
Join ICO Now Coinlancer is Disrupting the Freelance marketplace!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511308458
Hero Member
*
Offline Offline

Posts: 1511308458

View Profile Personal Message (Offline)

Ignore
1511308458
Reply with quote  #2

1511308458
Report to moderator
1511308458
Hero Member
*
Offline Offline

Posts: 1511308458

View Profile Personal Message (Offline)

Ignore
1511308458
Reply with quote  #2

1511308458
Report to moderator
1511308458
Hero Member
*
Offline Offline

Posts: 1511308458

View Profile Personal Message (Offline)

Ignore
1511308458
Reply with quote  #2

1511308458
Report to moderator
Positid
Sr. Member
****
Offline Offline

Activity: 378

I will join....


View Profile
June 19, 2016, 03:16:08 PM
 #1162

paper money is a payment konvensiplonal used by everyone in the world today. if it could be even greater bitcoin I believe paper money still will get a share. at least the future of paper money and bitcoin is 50%. both are still needed for economic survival in this world.
Bitcoins cannot surpass the demand of paper money and even if the future of paper money is not that attractive but we will always see them in the circulation as it was backed by the government and anything that the government made will last more than the non regulated ones.

ProProfi.com
The first home improvement service cryptocurrency project
ICO | Discuss on Forum
umaOuma
Hero Member
*****
Offline Offline

Activity: 938


View Profile
June 19, 2016, 03:26:01 PM
 #1163

paper money is a payment konvensiplonal used by everyone in the world today. if it could be even greater bitcoin I believe paper money still will get a share. at least the future of paper money and bitcoin is 50%. both are still needed for economic survival in this world.
Bitcoins cannot surpass the demand of paper money and even if the future of paper money is not that attractive but we will always see them in the circulation as it was backed by the government and anything that the government made will last more than the non regulated ones.

That's true paper money has great support from the Government and it will continue in future too and Government will never allow any digital currency to be their primary currency.
pereira4
Legendary
*
Offline Offline

Activity: 1162



View Profile
June 19, 2016, 03:44:36 PM
 #1164

paper money is a payment konvensiplonal used by everyone in the world today. if it could be even greater bitcoin I believe paper money still will get a share. at least the future of paper money and bitcoin is 50%. both are still needed for economic survival in this world.
Bitcoins cannot surpass the demand of paper money and even if the future of paper money is not that attractive but we will always see them in the circulation as it was backed by the government and anything that the government made will last more than the non regulated ones.

That's true paper money has great support from the Government and it will continue in future too and Government will never allow any digital currency to be their primary currency.

Are you kidding me. There is an on going agenda to get rid of cash. In 10 years paper cash will not exist. Government hates it because they can't control it. They will release their own crypto dollars. Big names in the ECB already said they don't think cash will exist in 10 years time.

stromma44
Hero Member
*****
Offline Offline

Activity: 952


View Profile
June 19, 2016, 05:54:07 PM
 #1165

paper money is a payment konvensiplonal used by everyone in the world today. if it could be even greater bitcoin I believe paper money still will get a share. at least the future of paper money and bitcoin is 50%. both are still needed for economic survival in this world.
Bitcoins cannot surpass the demand of paper money and even if the future of paper money is not that attractive but we will always see them in the circulation as it was backed by the government and anything that the government made will last more than the non regulated ones.

That's true paper money has great support from the Government and it will continue in future too and Government will never allow any digital currency to be their primary currency.

Are you kidding me. There is an on going agenda to get rid of cash. In 10 years paper cash will not exist. Government hates it because they can't control it. They will release their own crypto dollars. Big names in the ECB already said they don't think cash will exist in 10 years time.

I don't think so, paper money will never die, even  everything gets digital there will be certain people who will prefer to use paper money, as they don't want to complicate their spendings.
fravia
Hero Member
*****
Offline Offline

Activity: 686


★Nitrogensports.eu★


View Profile
June 19, 2016, 08:43:28 PM
 #1166

Andrew Haldane said one solution would be for the Bank of England to issue a state-backed digital currency based on bitcoin. Supporting this initiative would be a negative interest rate levied on paper currency relative to the digital currency, with these measures do you think there is more possibilities that sometime:

Paper money will be banned entirely?
How long do you think that happens?
would it work?
What security and privacy risks would it raise?
And how would public and privately issued monies interact?

There's a lot of discussion about this on these forums (and a lot of disagreement that comes with it), so i think it's clear that all can be made are assumptions, that being said, here are mine
Paper money will never be banned, so i don't think there's a timescale for it to be wiped out, however i'm sure that an online currency would work perfectly well once it is more stable than it currently is, the security risk is that every single thing you do, buy or sell will be recorded


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄           
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █               
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
deisik
Legendary
*
Offline Offline

Activity: 1386



View Profile
June 19, 2016, 09:15:10 PM
 #1167

paper money is a payment konvensiplonal used by everyone in the world today. if it could be even greater bitcoin I believe paper money still will get a share. at least the future of paper money and bitcoin is 50%. both are still needed for economic survival in this world.
Bitcoins cannot surpass the demand of paper money and even if the future of paper money is not that attractive but we will always see them in the circulation as it was backed by the government and anything that the government made will last more than the non regulated ones.

That's true paper money has great support from the Government and it will continue in future too and Government will never allow any digital currency to be their primary currency.

Are you kidding me. There is an on going agenda to get rid of cash. In 10 years paper cash will not exist. Government hates it because they can't control it. They will release their own crypto dollars. Big names in the ECB already said they don't think cash will exist in 10 years time.

More likely that these big names in 10 years time will either turn from big names into dirty names (to scare children into obedience) or just vanish without trace in the sands of time...

It is not given that the ECB itself will still exist by then, lol

AndySt
Legendary
*
Offline Offline

Activity: 1106


View Profile WWW
June 19, 2016, 11:59:16 PM
 #1168

paper money is a payment konvensiplonal used by everyone in the world today. if it could be even greater bitcoin I believe paper money still will get a share. at least the future of paper money and bitcoin is 50%. both are still needed for economic survival in this world.
Bitcoins cannot surpass the demand of paper money and even if the future of paper money is not that attractive but we will always see them in the circulation as it was backed by the government and anything that the government made will last more than the non regulated ones.

That's true paper money has great support from the Government and it will continue in future too and Government will never allow any digital currency to be their primary currency.

Are you kidding me. There is an on going agenda to get rid of cash. In 10 years paper cash will not exist. Government hates it because they can't control it. They will release their own crypto dollars. Big names in the ECB already said they don't think cash will exist in 10 years time.

More likely that these big names in 10 years time will either turn from big names into dirty names (to scare children into obedience) or just vanish without trace in the sands of time...

It is not given that the ECB itself will still exist by then, lol
Hello brave new world with life in a fragile glass house.
Woshib
Hero Member
*****
Offline Offline

Activity: 546


Campaign manager and English to French translator


View Profile
June 20, 2016, 01:18:09 AM
 #1169

Andrew Haldane said one solution would be for the Bank of England to issue a state-backed digital currency based on bitcoin. Supporting this initiative would be a negative interest rate levied on paper currency relative to the digital currency, with these measures do you think there is more possibilities that sometime:

Paper money will be banned entirely?
How long do you think that happens?
would it work?
What security and privacy risks would it raise?
And how would public and privately issued monies interact?

The written currency is very important in our societies, it has been a while.
It is possible that the written currency disappears, but it will be a difficult change for peoples.

██▄▄▄▄▄▄
███▀▀▀
███
███
███
███
███
███
███
███
███
███▄▄▄
▀▀▀▀▀▀
         ███
   ▄█▄▄▄█████▄▄▄█▄
  ▀███████████████▀
  ▄█████▀▀▀▀▀█████▄
███████       ███████
███████       ███████
  ▀█████▄▄▄▄▄█████▀  ▄ ▄██▄ ▄
  ▄███████████████▄ ▀████████▀
   ▀█▀▀▀█████▀▀▀█▀ ▄▄██▀  ▀██▄▄
         ███   ▄▄  ▀▀██▄  ▄██▀▀
             ██████ ▄████████▄
            ▐██▄▄██▌ ▀ ▀██▀ ▀
             ▀▀██▀▀
▄▄▄▄▄▄
▀▀▀███
███
███
███
███
███
███
███
███
███
▄▄▄███
▀▀▀▀▀▀
         ▄████▄
       ▐████████
        ████████
        ███████
        ▀███▀█▀

         ▀▀▄▄▄▄▄
        ▄███████▄▄
   ▄▄███████████████▄▄▄
  ██████████████████████▌
 ██████████████████████▌
 ███████████████████████
▐████████████████████
████████████████
❱❱❱❱❱     MORE THAN
10 CAMPAIGNS
ALREADY MANAGED
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄███████████████▀▀▀█████▄
▄████████████▀▀     ██████▄
█████████▀▀   ▄▄▀   ███████
██████▄    ▄▄█▀    ████████
█████████▄██▀      ████████
▀██████████▄▄    ████████▀
 ▀████████▄█████▄████████▀
  ▀█████████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██▀                 ▀██▄
▄██▌ ▄▀█████████████▀▄ ▐██▄
███▌ ██▄ ▀███████▀ ▄██ ▐███
███▌ ████   ▀▀▀   ████ ▐███
███▌ ██▀▄▄██▄▄▄██▄▄▀██ ▐███
▀██▌ ▀▄█████████████▄▀ ▐██▀
 ▀██▄                 ▄██▀
  ▀█████████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
██
danherbias07
Hero Member
*****
Offline Offline

Activity: 812



View Profile
June 20, 2016, 05:40:24 AM
 #1170

Andrew Haldane said one solution would be for the Bank of England to issue a state-backed digital currency based on bitcoin. Supporting this initiative would be a negative interest rate levied on paper currency relative to the digital currency, with these measures do you think there is more possibilities that sometime:

Paper money will be banned entirely?
How long do you think that happens?
would it work?
What security and privacy risks would it raise?
And how would public and privately issued monies interact?

The written currency is very important in our societies, it has been a while.
It is possible that the written currency disappears, but it will be a difficult change for peoples.

It is not just difficult but a really big step for change. It is like you have to kill everyone to start a new one. People are so much used to this kind of thing and that cannot be changed in just a blink. Perhaps government should make a move to make it usable first with paper money. Then change it slowly.

Enotche
Full Member
***
Offline Offline

Activity: 196


View Profile
June 20, 2016, 05:58:48 AM
 #1171

The transition to a cashless economy will raise public interest in such money archetypes, like gold. But it can be argued that attract considerable attention, and digital money: Bitcoin, ethers and other decentralized currency.

In 2016, with the spread of contactless payments, we are witnessing the disappearance of paper money and get closer to the clearing existence. Now sending and receiving of money is done by only one phone, which we almost always carry with them. Someone famous, describing freedom that we give Bitcoin and smartphones, very aptly:. "Now everyone in your pocket a Swiss bank account"

Paper money will disappear, people will not use them as soon as they will increase the level of technical expertise, and the state will be transferred to the new economic levels and models.
goinmerry
Hero Member
*****
Offline Offline

Activity: 812


View Profile
June 20, 2016, 08:44:59 AM
 #1172

The transition to a cashless economy will raise public interest in such money archetypes, like gold. But it can be argued that attract considerable attention, and digital money: Bitcoin, ethers and other decentralized currency.

In 2016, with the spread of contactless payments, we are witnessing the disappearance of paper money and get closer to the clearing existence. Now sending and receiving of money is done by only one phone, which we almost always carry with them. Someone famous, describing freedom that we give Bitcoin and smartphones, very aptly:. "Now everyone in your pocket a Swiss bank account"

Paper money will disappear, people will not use them as soon as they will increase the level of technical expertise, and the state will be transferred to the new economic levels and models.

Good one. But giving smartphones and Bitcoins? Who will do this? But I can say that is the best way to make people use it. Give something that will start to push them into learning the cryptocurrency. We might also need to provide some starting preview on how they will use it.
Qaoven
Newbie
*
Offline Offline

Activity: 23


View Profile
June 20, 2016, 10:21:46 AM
 #1173

You see now indeed that there are now more people that is using Bitcoin as their payment method and that is really nice for the currency itself of course but there are still a lot of people that is using paper money.
So it is not that bad for paper money and you have to make Bitcoin more popular if you want to let it disappear.
Zooplus
Hero Member
*****
Online Online

Activity: 728


Moirai ICO starts on 10/11/2017


View Profile
June 21, 2016, 06:05:54 AM
 #1174

You see now indeed that there are now more people that is using Bitcoin as their payment method and that is really nice for the currency itself of course but there are still a lot of people that is using paper money.
So it is not that bad for paper money and you have to make Bitcoin more popular if you want to let it disappear.
Regardless, bitcoins will not sill replace paper money. As of now, we have a lot of users of paper money and the users of bitcoins is just minimal in area because some people are not comfortable in using the complicated bitcoins. I know in the future bitcoins will be popular but only for those businessman out their who use internet online payments to fast track their transactions.

         ▀█████▀
▀▄         ███         ▄▀
  █▄       ███       ▄█
   ██      ███      ██
    ██     ███     ██
    ▀██▄▄  ███  ▄▄██▀
      ▀███████████▀
         ▀▀███▀▀
           ███
           ███
           ███
           ███
         ▄█████▄
.MOIRAI.
  ██████
██████
█████
███
███
███
███
███
███
███
███

██████
██████
  █████
      ███
      ███
      ███
      ███
      ███
      ███
      ███
        ███

    ▄█████
    ██████
    ███▀
    ███
███████
███████
    ███
    ███
    ███
    ███
    ███

█▄                ▄████▄
██▄             ███████▄▄▄
▀███▄▄      █████████▄
  ▀███████████████▀
▀████████████████
    ▀█████████████
  ▀█████████████
      ▀▀█████████
    ▄▄████████▀
██████████▀
    ▀▀▀▀▀

                              ▄▄██
                        ▄██████
                  ▄████▀▀███
            ▄█████▀  ▄████
      ▄██████▀  ▄██████
▄███████▀  ▄████████
  ▀▀▀▀███    █████████
            ██    █████████
            ▀█  ▄█▀    ▀████
              ██▀            ▀██
nururochac
Full Member
***
Offline Offline

Activity: 182


View Profile
June 21, 2016, 06:17:55 AM
 #1175

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
No it's not good. Once people knew that banks used to take advantage of it by making paper money out of thin air just to pay for their debts and results to inflation that's the time peopel will realize that paper money is not so good in society.
Altynbekova
Sr. Member
****
Offline Offline

Activity: 476



View Profile
June 21, 2016, 07:40:09 AM
 #1176

I like paper money. I like to feel the buying power in my hands :p Bitcoin makes me feel like a robot. I am not saying paper money is better tho.
I also have the same thing when I have real paper money instead of the Bitcoin, with the Bitcoin you know that you have money if you have Bitcoins but you will have to sell them first so it is a whole process. With paper money that is not the case at all.
Cyaren
Sr. Member
****
Offline Offline

Activity: 294



View Profile
June 22, 2016, 07:19:56 AM
 #1177

I don't think that paper money has any future at all, considering that it has no real value and only the government has control over its supply and nobody else. So I don't think that it is a good idea at all.

Whilst bitcoin is a great technology, that has a great future.
danherbias07
Hero Member
*****
Offline Offline

Activity: 812



View Profile
June 22, 2016, 01:08:31 PM
 #1178

You see now indeed that there are now more people that is using Bitcoin as their payment method and that is really nice for the currency itself of course but there are still a lot of people that is using paper money.
So it is not that bad for paper money and you have to make Bitcoin more popular if you want to let it disappear.

I am sure there are really a lot more still using paper money. Specially those countries that are not developed yet and some countries that are not rich. They cant afford some technology things and cant even have a good education about how computer or a smartphone work.

Shibashi Dogemoto
Hero Member
*****
Offline Offline

Activity: 840


View Profile
June 22, 2016, 01:25:11 PM
 #1179

You see now indeed that there are now more people that is using Bitcoin as their payment method and that is really nice for the currency itself of course but there are still a lot of people that is using paper money.
So it is not that bad for paper money and you have to make Bitcoin more popular if you want to let it disappear.

I am sure there are really a lot more still using paper money. Specially those countries that are not developed yet and some countries that are not rich. They cant afford some technology things and cant even have a good education about how computer or a smartphone work.

That's true and they really don't care about bitcoin as they are not aware and even if they are aware they don't know how to use it because of lack of knowledge.
BitsandBites
Sr. Member
****
Offline Offline

Activity: 350



View Profile
June 22, 2016, 01:35:19 PM
 #1180

I dont think there is coming a big surprise for the paper money in the world because paper money will always be the number one paying method for the most people so i dont think you should worry about that.
Pages: « 1 ... 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 [59] 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 ... 237 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!