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Author Topic: The future of the paper money  (Read 404001 times)
Caladonian
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October 18, 2016, 08:11:33 AM
 #2021

I think many will oppose from what they are used to, banning a paper money will be a big question from my country and maybe from the whole world.
i think that paper money is going to be around for some time and I also do think that it is going to be different per country because not every country could afford to make everything digital.
I am sure that hackers are going to love the sound of making everything digital in the future.
Yeah, every country has its own problems and i think they still dont even think of changing the paper money. Here on our country its not even a problem because bitcoin here is not a hot topic, the topic here is all bout drugs and killings..haha
Hackers really is partner of this one. Being careful is one of the ways to make your bitcoin safe.
Yeah i think we are came from same country that government fighting for drugs, bitcoin in our country is not hot topic but there are many people using it and if you want to see go to our local thread you analyse how many people using bitcoin and our paper money will not replace since not all people are aware in using bitcoin.

Bitcoin is not yet strong enough to replace paper money. About Nei knows even a few people, but of paper money all know. It will take a lot of time for people to change their way of thinking. Bitcoin - this alternative currency
What strong are we talking here? Not even in the future, bitcoin is just dependent on bitcoin and if paper money will be gone, bitcoin will not be the the only option to replace paper money, the government can make any means for transaction and it will be ensured that it will be monitored by them still.
which is correct no government in this world will allowed any other form of currency which they don't have any control they will never allowed any transaction without their knowledge, it will never break any chain even btc will rises up in this coming years. that's my assumption.

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MaritiJames3
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October 19, 2016, 08:27:59 AM
 #2022

I don't know whether bitcoin will replace paper money or not, but

I know that in the future paper money will be disappear and replace by others, may be card or else
yes we all never know about future,but we can predict it with collect some factor on nowdays to predict future. and i guess in the future bitcoin will not replace bitcoin,its different acceptable between paper money and bitcoin,and i'm also guess that paper money will not dissapear.
Bitcoin is not going to replace money and paper money is going to be around for some time because if not we would already have heard something.
Countries would then already announce that paper money is not going to be accepted anymore in the ear future.
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October 19, 2016, 08:45:33 AM
 #2023

I don't know whether bitcoin will replace paper money or not, but

I know that in the future paper money will be disappear and replace by others, may be card or else
yes we all never know about future,but we can predict it with collect some factor on nowdays to predict future. and i guess in the future bitcoin will not replace bitcoin,its different acceptable between paper money and bitcoin,and i'm also guess that paper money will not dissapear.
Bitcoin is not going to replace money and paper money is going to be around for some time because if not we would already have heard something.
Countries would then already announce that paper money is not going to be accepted anymore in the ear future.
The fact here is that majority of the people does not know about bitcoin yet and all of them are using paper money to transact and I do not think they will stop using paper money just because there is a new digital currency that will help them transact fast online, we have to remember that not all people have interest online.



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arseaboy
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October 19, 2016, 12:43:47 PM
 #2024

I'm pretty sure that paper money will not be obsolete because it determines the currency value of each countries. And I would say that government also will not allow money to convert it into digital currency because there will always be glitches using digital technologies and that would create a lot of problems for each countries that will be affected.

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October 19, 2016, 01:20:26 PM
 #2025

What will the future bring for the paper money we will never know that becuase there can happn allot of things you know i odnt think that allot will use paper
money in the future only the illegal things.
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October 19, 2016, 01:21:39 PM
 #2026

I'm pretty sure that paper money will not be obsolete because it determines the currency value of each countries. And I would say that government also will not allow money to convert it into digital currency because there will always be glitches using digital technologies and that would create a lot of problems for each countries that will be affected.
This is quite true however in future paper money may only remain as guarantee for the digital currency/ crypto currency and electronic currency. Currently also majority of people use credit card and online payment service which are completely virtual form of real paper cash which are held by banks and those payment processors.

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October 19, 2016, 01:25:13 PM
 #2027

I'm pretty sure that paper money will not be obsolete because it determines the currency value of each countries. And I would say that government also will not allow money to convert it into digital currency because there will always be glitches using digital technologies and that would create a lot of problems for each countries that will be affected.

Yup and the fact is that paper money have support from the Government and they will  never allow any digital currency to replace their national currency and get on the mainstream and I think paper money will always exist.
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October 19, 2016, 01:29:11 PM
 #2028

I'm pretty sure that paper money will not be obsolete because it determines the currency value of each countries. And I would say that government also will not allow money to convert it into digital currency because there will always be glitches using digital technologies and that would create a lot of problems for each countries that will be affected.

Yup and the fact is that paper money have support from the Government and they will  never allow any digital currency to replace their national currency and get on the mainstream and I think paper money will always exist.

it's actually very simple. as long as there is demand for cash money, people will keep using it on a massive scale. also, cash money is needed to transact offline as bitcoin can't offer us that option. with bitcoin you always depend on internet when sending and receiving transactions. in that regard fiat is still the leading factor when it comes to offline transactions.
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October 19, 2016, 01:45:14 PM
 #2029

The future of the paper money what will it bring i dont know what the future will be for the paper money butwhen the bitcoin is growing that big the
paper money will be the past.
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October 19, 2016, 05:46:29 PM
 #2030

What will the future bring for the paper money we will never know that becuase there can happn allot of things you know i odnt think that allot will use paper
money in the future only the illegal things.
are you telling that people only use paper money in the future for illegal things,people who are doing illegal activities will adapt to the situation and they will find a way to keep their fund rolling,paper money will be there for decades to come and virtual currency wont replace it in near future since government spends a lot more money printing the currency and they wont withdraw that just like that.


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October 19, 2016, 06:24:05 PM
 #2031

Paper money will probably keep being used in emerging countries for some time but in the rest of the world it will gradually disappear.
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October 19, 2016, 06:58:30 PM
 #2032


I think that papermoney will will be ban in the future since we are use them for a long time and i think its impossible and it will never happen..
Bitcoin is just alternative we cannot consider bitcoin to be use to replace our papermoney.


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Maesters1-
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October 19, 2016, 08:04:23 PM
 #2033

Paper money will probably keep being used in emerging countries for some time but in the rest of the world it will gradually disappear.
but i think paper money is not going to disappear so easily. most of the people of the world are still using paper money and they have no any other option ans most of them even do not know any thing about bitcoin therefore paper money is not going to disappear in near future.
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October 19, 2016, 09:17:04 PM
 #2034

Paper money will probably keep being used in emerging countries for some time but in the rest of the world it will gradually disappear.
i think there is nothing wrong with paper money, paper money is not going to disappear in near future, it will really take decades so as to change or replace bitcoin with bitcoin or any other crypto currency.
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October 19, 2016, 09:27:07 PM
 #2035

Paper money will probably keep being used in emerging countries for some time but in the rest of the world it will gradually disappear.
but i think paper money is not going to disappear so easily. most of the people of the world are still using paper money and they have no any other option ans most of them even do not know any thing about bitcoin therefore paper money is not going to disappear in near future.

Paper money can never disappear as you cannot expect that poor people would be having an choice of using bitcoins or credit cards for buying things and they will continue to use fiat as that is the only option that they have.

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October 19, 2016, 10:29:01 PM
 #2036

The future of the bitcoin is not so good right now but we will see what is gonna happen with it these days due to fact everything is gonna be more digital.
I even think that in the future the paper money will be used not often anymore.
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October 20, 2016, 12:21:06 AM
 #2037

What will the future bring for the paper money we will never know that because there can hapepn allot of things you know i dont think that allot will use paper
money in the future only the illegal things.

As long as there will be there will be a third world country and poverty is very high and government want to retain its status including the banking sector paper money will stay and will not be going to replace. It will saty a very long time and cryptocurrency will just stay as an alternative money online and cannot survive offline. If money will disappear it will take a very long time maybe a hundred years from now.

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October 20, 2016, 03:46:33 AM
 #2038

The future of the bitcoin is not so good right now but we will see what is gonna happen with it these days due to fact everything is gonna be more digital.
I even think that in the future the paper money will be used not often anymore.

If you believe that the future of bitcoin is not good, for me I do believe that the future of bitcoin is good. And this is not going to make the future of paper money, because there is a chance and speculation that some government or countries are seeing to make their currency dependent on bitcoin so that is going to make bitcoin's future good and paper money to be lost.



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Rainbot
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October 20, 2016, 04:17:12 AM
 #2039

What will the future bring for the paper money we will never know that because there can hapepn allot of things you know i dont think that allot will use paper
money in the future only the illegal things.

As long as there will be there will be a third world country and poverty is very high and government want to retain its status including the banking sector paper money will stay and will not be going to replace. It will saty a very long time and cryptocurrency will just stay as an alternative money online and cannot survive offline. If money will disappear it will take a very long time maybe a hundred years from now.

Agree and you know even paper money didn't reached all places in the world now so it's will give worst situation if bitcoin will only be ways of payment or dealing for a person involving a money transactions.

Paper money will still lives at more centuries to come. There will never be a progress in those third world countries as long as there are dominant countries that care for their own benefits.


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Zadicar
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October 20, 2016, 06:43:31 AM
 #2040

Paper money will probably keep being used in emerging countries for some time but in the rest of the world it will gradually disappear.
but i think paper money is not going to disappear so easily. most of the people of the world are still using paper money and they have no any other option ans most of them even do not know any thing about bitcoin therefore paper money is not going to disappear in near future.

Paper money can never disappear as you cannot expect that poor people would be having an choice of using bitcoins or credit cards for buying things and they will continue to use fiat as that is the only option that they have.

Poor people would really tend to use  fiat  because  they already know  it since in the beggining and  fiat money is  been used  by all means  on all nations   and   they would not  switch into bitcoin   for the  sake  of adoption because  their capability  to invest into bitcoin would  not be  substantial.

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