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Author Topic: The future of the paper money  (Read 404005 times)
MFahad
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June 25, 2016, 01:51:07 PM
 #1221

Like many people already said is that the paper money future is not so good because it has the digital word against.
Everything these days will get digital the world is really changing.
I think you should already consider other countries that cannot adopt with digital world. And even it is widely use in developed countries but still there are other people who prefer paper money and those are people not doing online transactions.
Yeah I agree. Some country does not have a digital or Hi-tech community to adopt digital money, and the people also who loved the paper money, because it is easy to use if you want to buy something. All you have to do is to give it to the cashier and wait for your change. The paper money will not banish and it will stay forever.  Cheesy

Fiat and bitcoin have it's own pros and cons.

Fiat dominates physical transactions as it was way more better than doing bitcoin transactions physically if possible.

Bitcoin (can) dominates online money transactions since at the first place that was the intention why it was being created.

Currently both Fiat and bitcoins has their own advantages and disadvantages. but as you know we are moving towards technology and bitcoin is a technology. Fiat will be left behind very soon.

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June 25, 2016, 01:56:02 PM
 #1222

bitcoin development is now so large and rapid development now. bitcoin has a market share that is so outstanding today. bitcoin very bright future and I think the future will be better.

And that means the future of the paper money will be dumped? And there's no really future for the paper money that means. And I believe that also, bitcoin of the rapid growth that is happening now with bitcoin that is very possible to happen.



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pocarime32
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June 25, 2016, 01:56:17 PM
 #1223

Like many people already said is that the paper money future is not so good because it has the digital word against.
Everything these days will get digital the world is really changing.
I think you should already consider other countries that cannot adopt with digital world. And even it is widely use in developed countries but still there are other people who prefer paper money and those are people not doing online transactions.
Yeah I agree. Some country does not have a digital or Hi-tech community to adopt digital money, and the people also who loved the paper money, because it is easy to use if you want to buy something. All you have to do is to give it to the cashier and wait for your change. The paper money will not banish and it will stay forever.  Cheesy

Fiat and bitcoin have it's own pros and cons.

Fiat dominates physical transactions as it was way more better than doing bitcoin transactions physically if possible.

Bitcoin (can) dominates online money transactions since at the first place that was the intention why it was being created.

Currently both Fiat and bitcoins has their own advantages and disadvantages. but as you know we are moving towards technology and bitcoin is a technology. Fiat will be left behind very soon.

Well, for big country like USA, England, Japan and many big country, it will easy for moving towards technology to use bitcoin but not all country can do this fastly.
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June 25, 2016, 02:38:07 PM
 #1224

Like many people already said is that the paper money future is not so good because it has the digital word against.
Everything these days will get digital the world is really changing.
I think you should already consider other countries that cannot adopt with digital world. And even it is widely use in developed countries but still there are other people who prefer paper money and those are people not doing online transactions.
Yeah I agree. Some country does not have a digital or Hi-tech community to adopt digital money, and the people also who loved the paper money, because it is easy to use if you want to buy something. All you have to do is to give it to the cashier and wait for your change. The paper money will not banish and it will stay forever.  Cheesy

Fiat and bitcoin have it's own pros and cons.

Fiat dominates physical transactions as it was way more better than doing bitcoin transactions physically if possible.

Bitcoin (can) dominates online money transactions since at the first place that was the intention why it was being created.

Currently both Fiat and bitcoins has their own advantages and disadvantages. but as you know we are moving towards technology and bitcoin is a technology. Fiat will be left behind very soon.

Well, for big country like USA, England, Japan and many big country, it will easy for moving towards technology to use bitcoin but not all country can do this fastly.

Developing countries will take time to go totally digital, as majority of them are not aware about the bitcoin yet and they are very convenient in using paper money.
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June 25, 2016, 03:16:03 PM
 #1225

bitcoin development is now so large and rapid development now. bitcoin has a market share that is so outstanding today. bitcoin very bright future and I think the future will be better.
how do you know if the development of bitcoin very good today? if you have data for the development of bitcoin and any factors that make bitcoin will have a bright future? What are the things that always grows on bitcoin and is it fluctuation will always be there in the future of bitcoin


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June 25, 2016, 03:36:27 PM
 #1226

bitcoin development is now so large and rapid development now. bitcoin has a market share that is so outstanding today. bitcoin very bright future and I think the future will be better.
how do you know if the development of bitcoin very good today? if you have data for the development of bitcoin and any factors that make bitcoin will have a bright future? What are the things that always grows on bitcoin and is it fluctuation will always be there in the future of bitcoin

We cannot expect bitcoin without price fluctuations, even if bitcoin gets bigger and popular in future, price fluctuations will always be a part of it and you cannot get rid of it.
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June 25, 2016, 03:41:57 PM
 #1227

I think bitcoin will never replace the role of paper money. today people are already accustomed to using paper money, even a little child already knows how to use it. I think bitcoin will only be part of the Internet, or digital currency


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June 25, 2016, 03:57:47 PM
 #1228

I think bitcoin will never replace the role of paper money. today people are already accustomed to using paper money, even a little child already knows how to use it. I think bitcoin will only be part of the Internet, or digital currency
Paper money should never be phased out, in my opinion, because it is detrimental for personal financial security and it gives too much control to the governments and their ability to freeze the finances of anyone who is suspicious and/or a political enemy of the state, and takes a lot of the personal autonomy away from people. it is an easily abused system, and gives more power to the ones already with power, and shafts the average person and small business owner with no trade deals with the groups managing the digital system to cut down on fees for their service.

Bitcoin should exist in parallel with paper money, and both benefit each other in their own way.
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June 25, 2016, 03:59:50 PM
 #1229

Well IMO paper money have low chance to be dead by year 2040 above. I think the chance of it being dead at that time is about 0.01%. If it will be dead, IMO bitcoin will replace it.  Grin

I dont even understand why you guys waste your time to post this crap...BTC will most likely never take over the world's currency system because of the fact that there are a limited amount of BTC and the governments at all times would have to control it.

Yeah and even if everything gets digital there will be certain proportion of  population that will prefer to use fiat, as you cannot expect illiterate and uneducated people to use bitcoin.
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June 25, 2016, 04:37:59 PM
 #1230

I think bitcoin will never replace the role of paper money. today people are already accustomed to using paper money, even a little child already knows how to use it. I think bitcoin will only be part of the Internet, or digital currency
YEah its impossible that bitcoin will replace paper money or fiat.. because bitcoin is online digital money and if there is no internet bitcoin can be gone unlike paper money.. you can use it anyware anytime..


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June 25, 2016, 06:09:58 PM
 #1231

Well if bitcoin would replace the paper money then it will be subjected to tax.  I do not think paper money will be gone since not all people are using bitcoin.  Some still do not know what is bitcoin and how to transact using this cryptocurrency.  So paper money will still exist in some part of the world even if bitcoin will be used by other countries.
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June 25, 2016, 09:56:36 PM
 #1232

Paper money is most likely not going to last too long as we are going into a digital world, you will see a lot of usd still being used online though because bitcoin will never be the currency of the world since it is limited and cannot be printed more and more like the USD can, most people think that btc actually has a future being a countries/continent's currency which i think is hilarious.

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June 25, 2016, 10:02:50 PM
 #1233

I think bitcoin will never replace the role of paper money. today people are already accustomed to using paper money, even a little child already knows how to use it. I think bitcoin will only be part of the Internet, or digital currency
bitcoin will never replace fiat or paper money. but I am sure paper money will disappear and be replaced by a new version of fiat? how bitcoin? maybe options available for fiat

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June 26, 2016, 12:44:04 AM
 #1234

I think bitcoin will never replace the role of paper money. today people are already accustomed to using paper money, even a little child already knows how to use it. I think bitcoin will only be part of the Internet, or digital currency
bitcoin will never replace fiat or paper money. but I am sure paper money will disappear and be replaced by a new version of fiat? how bitcoin? maybe options available for fiat

Paper money will eventually dissapear because we are the innovation generation we started most of the innovating in the world, we will change the world to digital currency, even if that currency ends up just being the same ones we use today but just online, it will mostly be online! Cheesy
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June 26, 2016, 04:26:32 AM
 #1235

I think we should stop watching to much movies. Reality is different than those movies. Very different. Paper money will be there for a very long time. Dont say people will stop using it. It is absurd, not cool. You want an innovation that will make a war.
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June 26, 2016, 06:40:41 AM
 #1236

I think bitcoin will never replace the role of paper money. today people are already accustomed to using paper money, even a little child already knows how to use it. I think bitcoin will only be part of the Internet, or digital currency
bitcoin will never replace fiat or paper money. but I am sure paper money will disappear and be replaced by a new version of fiat? how bitcoin? maybe options available for fiat

Paper money will eventually dissapear because we are the innovation generation we started most of the innovating in the world, we will change the world to digital currency, even if that currency ends up just being the same ones we use today but just online, it will mostly be online! Cheesy

well your talking far into the future, yes paper will disappear one day and be replace by a money probably digital if the whole planet is capable of giving everyone a gadget that is able to use the said currency. but, rightnow and for the several decades to come paper money
will reign, bitcoin might be able to become alternate currency but that is for the best.


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June 26, 2016, 09:43:57 AM
 #1237

I think bitcoin will never replace the role of paper money. today people are already accustomed to using paper money, even a little child already knows how to use it. I think bitcoin will only be part of the Internet, or digital currency
bitcoin will never replace fiat or paper money. but I am sure paper money will disappear and be replaced by a new version of fiat? how bitcoin? maybe options available for fiat

Paper money will eventually dissapear because we are the innovation generation we started most of the innovating in the world, we will change the world to digital currency, even if that currency ends up just being the same ones we use today but just online, it will mostly be online! Cheesy

well your talking far into the future, yes paper will disappear one day and be replace by a money probably digital if the whole planet is capable of giving everyone a gadget that is able to use the said currency. but, rightnow and for the several decades to come paper money
will reign, bitcoin might be able to become alternate currency but that is for the best.
yeah I thought so that paper money will definitely be replaced with something more inovativ and more advanced course.
but all the people will not know when it will happen?


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June 26, 2016, 11:13:32 AM
 #1238

I think bitcoin will never replace the role of paper money. today people are already accustomed to using paper money, even a little child already knows how to use it. I think bitcoin will only be part of the Internet, or digital currency
bitcoin will never replace fiat or paper money. but I am sure paper money will disappear and be replaced by a new version of fiat? how bitcoin? maybe options available for fiat

Paper money will eventually dissapear because we are the innovation generation we started most of the innovating in the world, we will change the world to digital currency, even if that currency ends up just being the same ones we use today but just online, it will mostly be online! Cheesy

well your talking far into the future, yes paper will disappear one day and be replace by a money probably digital if the whole planet is capable of giving everyone a gadget that is able to use the said currency. but, rightnow and for the several decades to come paper money
will reign, bitcoin might be able to become alternate currency but that is for the best.
yeah I thought so that paper money will definitely be replaced with something more inovativ and more advanced course.
but all the people will not know when it will happen?
You cannot replace paper money because that is the simplest means in doing your transactions daily. People who does not know how to use internet will be comfortable in using paper money.

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June 26, 2016, 11:24:57 AM
 #1239

I think bitcoin will never replace the role of paper money. today people are already accustomed to using paper money, even a little child already knows how to use it. I think bitcoin will only be part of the Internet, or digital currency
bitcoin will never replace fiat or paper money. but I am sure paper money will disappear and be replaced by a new version of fiat? how bitcoin? maybe options available for fiat

Paper money will eventually dissapear because we are the innovation generation we started most of the innovating in the world, we will change the world to digital currency, even if that currency ends up just being the same ones we use today but just online, it will mostly be online! Cheesy

well your talking far into the future, yes paper will disappear one day and be replace by a money probably digital if the whole planet is capable of giving everyone a gadget that is able to use the said currency. but, rightnow and for the several decades to come paper money
will reign, bitcoin might be able to become alternate currency but that is for the best.
yeah I thought so that paper money will definitely be replaced with something more inovativ and more advanced course.
but all the people will not know when it will happen?
You cannot replace paper money because that is the simplest means in doing your transactions daily. People who does not know how to use internet will be comfortable in using paper money.

Paper money is still the best when it comes to buy anything physically, as there are many places where only paper money can take care of, and I think it will survive forever.
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June 26, 2016, 12:27:02 PM
 #1240

I think bitcoin will never replace the role of paper money. today people are already accustomed to using paper money, even a little child already knows how to use it. I think bitcoin will only be part of the Internet, or digital currency
bitcoin will never replace fiat or paper money. but I am sure paper money will disappear and be replaced by a new version of fiat? how bitcoin? maybe options available for fiat

Paper money will eventually dissapear because we are the innovation generation we started most of the innovating in the world, we will change the world to digital currency, even if that currency ends up just being the same ones we use today but just online, it will mostly be online! Cheesy

well your talking far into the future, yes paper will disappear one day and be replace by a money probably digital if the whole planet is capable of giving everyone a gadget that is able to use the said currency. but, rightnow and for the several decades to come paper money
will reign, bitcoin might be able to become alternate currency but that is for the best.
yeah I thought so that paper money will definitely be replaced with something more inovativ and more advanced course.
but all the people will not know when it will happen?
You cannot replace paper money because that is the simplest means in doing your transactions daily. People who does not know how to use internet will be comfortable in using paper money.

Paper money is the most old form of money and it cannot be replaced by bitcoins until we have the arrangement of uninterrupted Internet and its availability in every corner of the world.

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