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Author Topic: The future of the paper money  (Read 403631 times)
Lombard
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August 29, 2016, 07:16:23 PM
 #1721

paper money has no future i think in the future it will be replaced by bitcoins

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August 29, 2016, 07:28:11 PM
 #1722

Paper money won't be banned. How else are we going to buy our bitcoins and what pair are we gonna gamble on when we are trading?

No one is even saying that paper money is going to be banned but more like it will be forgotten because it is not practical at all. Why would you need to count your own paper money to pay for something if you can just flash your e-wallet or something like that in a cashier and automatically pay your bill

I guess you don't know what you're talking about...


to me in resent time or in near future the importance of paper money cannot be ignore. the whole world is moving on paper money, our banks our jobs or duty our traveling our bills our food and living all depend on paper money, although crypto currency is introducing in the world and the new generation have trend toward crypto currency but still they are also depending on paper money at all. therefore i can say that still paper money is playing an important role in our live and we cannot quit it so early.
We can not change that thing people are already been use those fiat or paper money because there is some part of country that you can not use it because they dont have internet..

Internet will reach to those countries also but still there will be the existence of paper money as it is the sign of different nations and they do not want to lose it but still the use of digital money will be higher and the use of paper money will be more lower.


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September 02, 2016, 01:44:13 AM
 #1723

In the next few years the paper money will still be here, but in the next decades, I think paper money has no future. One of the main reasons is that most people will start using bitcoins and other cryptocurrencies, not controlled by any central authority.

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September 02, 2016, 01:57:37 AM
 #1724

I think paper money will still used in the future, especially on country that the technology still not updated. Like some poor country, they will need paper money than digital money..
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September 02, 2016, 06:31:23 AM
 #1725

I think paper money will still used in the future, especially on country that the technology still not updated. Like some poor country, they will need paper money than digital money..
Definitely, in the Philippines in our country we are still a developing country so I think all people will go on full digital. Although the internet is already widely used but there are some people would not easily understand on how to use bitcoin and anything online transaction.

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September 02, 2016, 06:56:33 AM
 #1726

I think paper money will still used in the future, especially on country that the technology still not updated. Like some poor country, they will need paper money than digital money..
Once the internet reaches the places it hasn’t gone yet everyone will be able to access bitcoin much easier. I think will make bitcoin rise in price for sure and possibly. Till then, paper money will be finding it's surviving methods to serve human.

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September 02, 2016, 07:38:40 AM
 #1727

I think paper money will still used in the future, especially on country that the technology still not updated. Like some poor country, they will need paper money than digital money..
Once the internet reaches the places it hasn’t gone yet everyone will be able to access bitcoin much easier. I think will make bitcoin rise in price for sure and possibly. Till then, paper money will be finding it's surviving methods to serve human.
Internet is already all over, people can access the internet if they prefer to but they would rather do facebook and other social media thing than transact online using bitcoin, it is actually the trust issue, even how popular a certain thing but without the approval of the government it will not garnered the trust of the people.



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September 02, 2016, 07:46:29 AM
 #1728

paper money has no future i think in the future it will be replaced by bitcoins
Bad logic, the paper money has their future but their statistic is always stagnant it's not like btc is always changed for anytime but if you believing the paper does not have the future maybe you can searching about the currently bank project about the system of blockchain.

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September 02, 2016, 03:01:26 PM
 #1729

It is certainly nothing easy to predict. But if you ask me what the future will be for paper money, I don't think it will disappear in the next few years, because there are still many people using and depending on it.
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September 02, 2016, 03:11:46 PM
 #1730

It is certainly nothing easy to predict. But if you ask me what the future will be for paper money, I don't think it will disappear in the next few years, because there are still many people using and depending on it.

Yup paper money will always survive as people who are not aware about technology or who are poor and illiterate will always prefer to use paper money as they find it very easy to use it.
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September 02, 2016, 03:27:03 PM
 #1731

It is certainly nothing easy to predict. But if you ask me what the future will be for paper money, I don't think it will disappear in the next few years, because there are still many people using and depending on it.

Even kids are taught to use it. So how can it be deleted from the world. It cannot be and you are right. As long as there is no country or no talks about chanhing it, it will not be done. If bitcoin is what they want as the main currency then law will be made for this. It have to be done accordingly.

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September 02, 2016, 05:10:18 PM
 #1732

paper money has no future i think in the future it will be replaced by bitcoins
of course it has no future, paper money is going to be replaced by some crypto for sure, not entirely sure what crypto though as there might be better alternatives than bitcoin

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September 02, 2016, 06:47:11 PM
 #1733

I like parper money and i want to use it, i can't understand why people say that digital money is better when they using paper almost everyday.

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September 02, 2016, 10:37:01 PM
 #1734

I like parper money and i want to use it, i can't understand why people say that digital money is better when they using paper almost everyday.

Yeah on one end people complain that they cannot use bitcoin directly that means they are using paper money for shopping, and they are also aware that it will take long time for bitcoin to get used and accepted everywhere.
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September 02, 2016, 11:05:49 PM
 #1735

paper money has no future i think in the future it will be replaced by bitcoins
Lol I thought it was too imposing. I do not think bitcoin can replace fiat or paper money in the future. but that certainly is digital money will retain and banknotes will start in left


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September 02, 2016, 11:17:00 PM
 #1736

I like parper money and i want to use it, i can't understand why people say that digital money is better when they using paper almost everyday.

Nowadays I barely use cash money since I use either my bank card with NFC, or my smartphone with NFC to pay for things. It's much easier and doesn't require you to have any cash money with you. Here you can use NFC in 80% of the stores. The need for cash money is decreasing with the years.

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September 03, 2016, 12:53:17 AM
 #1737

Okay I read too much are really believing that it is bitcoin that will be the main money.
Think again. I think we are better than that.
Bitcoin relies with the internet. Paper money dont. It is still the easy way to transact specially with retail stores and with buying food in vendors outside of our houses or in the streets.
Look, what will happen if suddenly internet collapse? Then you will go back to paper money? Or you will do the old time trading with clothes for food or some gold for food? It will get harder to trade again without it.

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September 05, 2016, 10:16:28 AM
 #1738

Okay I read too much are really believing that it is bitcoin that will be the main money.
Think again. I think we are better than that.
Bitcoin relies with the internet. Paper money dont. It is still the easy way to transact specially with retail stores and with buying food in vendors outside of our houses or in the streets.
Look, what will happen if suddenly internet collapse? Then you will go back to paper money? Or you will do the old time trading with clothes for food or some gold for food? It will get harder to trade again without it.

The paper money or the conventional fiat also relies more on the internet now. Most of the transactions are don online.

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September 05, 2016, 11:44:24 AM
 #1739

Okay I read too much are really believing that it is bitcoin that will be the main money.
Think again. I think we are better than that.
Bitcoin relies with the internet. Paper money dont. It is still the easy way to transact specially with retail stores and with buying food in vendors outside of our houses or in the streets.
Look, what will happen if suddenly internet collapse? Then you will go back to paper money? Or you will do the old time trading with clothes for food or some gold for food? It will get harder to trade again without it.

The paper money or the conventional fiat also relies more on the internet now. Most of the transactions are don online.
No doubt transactions are done online but there are many people who prefer to go for shopping physically and by paying physical money and for them its not easy to switch to bitcoins directly.
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September 05, 2016, 12:26:11 PM
 #1740

Okay I read too much are really believing that it is bitcoin that will be the main money.
Think again. I think we are better than that.
Bitcoin relies with the internet. Paper money dont. It is still the easy way to transact specially with retail stores and with buying food in vendors outside of our houses or in the streets.
Look, what will happen if suddenly internet collapse? Then you will go back to paper money? Or you will do the old time trading with clothes for food or some gold for food? It will get harder to trade again without it.

The paper money or the conventional fiat also relies more on the internet now. Most of the transactions are don online.
No doubt transactions are done online but there are many people who prefer to go for shopping physically and by paying physical money and for them its not easy to switch to bitcoins directly.
For people who have a hectic schedule in life they prefer to buy online, but for people like in the middle class wants to go in a physical store as it is they feel more the enjoyment and they have the comfort in using paper money, I think paper money and online transaction will go together as they are both useful for the people.



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