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Author Topic: The future of the paper money  (Read 404035 times)
marcuslong
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October 20, 2016, 07:03:49 AM
 #2041

I think there would be no future for paper money . if there's an future then it always use as paper money and physical money to buy some things that we need to. in daily life and paper money will never disappear right as long as we are using bitcoin then there would be a paper money to use too.

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October 20, 2016, 07:33:49 AM
 #2042

I think there would be no future for paper money . if there's an future then it always use as paper money and physical money to buy some things that we need to. in daily life and paper money will never disappear right as long as we are using bitcoin then there would be a paper money to use too.
We have been using paper money ever since, and we have the best experience so far over the other forms of payment. With paper money we can transact anywhere we want to and that makes it very simple, so people will not surrender paper money for bitcoin.

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October 20, 2016, 04:10:58 PM
 #2043

Paper money will always spike interest, I don't believe it will ever go out of date as it holds too much importance.

In all honesty there are many ways to use both paper alongside digital holdings, except paper provides value when carrying weight and has better security when held onto or when placing it into safe places.

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October 20, 2016, 04:55:08 PM
 #2044

I think there would be no future for paper money . if there's an future then it always use as paper money and physical money to buy some things that we need to. in daily life and paper money will never disappear right as long as we are using bitcoin then there would be a paper money to use too.
We have been using paper money ever since, and we have the best experience so far over the other forms of payment. With paper money we can transact anywhere we want to and that makes it very simple, so people will not surrender paper money for bitcoin.
Yeah even if bitcoin becomes huge in future there will be many people who will go with only paper money as they are used to it and the fact is there is no hassle in using it as it is accepted everywhere.
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October 20, 2016, 05:43:46 PM
 #2045

I think there would be no future for paper money . if there's an future then it always use as paper money and physical money to buy some things that we need to. in daily life and paper money will never disappear right as long as we are using bitcoin then there would be a paper money to use too.
We have been using paper money ever since, and we have the best experience so far over the other forms of payment. With paper money we can transact anywhere we want to and that makes it very simple, so people will not surrender paper money for bitcoin.
Yeah even if bitcoin becomes huge in future there will be many people who will go with only paper money as they are used to it and the fact is there is no hassle in using it as it is accepted everywhere.

Well the world need improvements the weather is changing due to polluition, printed money its a waste of resorces and it should advance into digital moment we are living already, where we can do anything at home from computer and cellphone.


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October 20, 2016, 05:58:25 PM
 #2046

I think there would be no future for paper money . if there's an future then it always use as paper money and physical money to buy some things that we need to. in daily life and paper money will never disappear right as long as we are using bitcoin then there would be a paper money to use too.
We have been using paper money ever since, and we have the best experience so far over the other forms of payment. With paper money we can transact anywhere we want to and that makes it very simple, so people will not surrender paper money for bitcoin.
Yeah even if bitcoin becomes huge in future there will be many people who will go with only paper money as they are used to it and the fact is there is no hassle in using it as it is accepted everywhere.

Well the world need improvements the weather is changing due to polluition, printed money its a waste of resorces and it should advance into digital moment we are living already, where we can do anything at home from computer and cellphone.


Paper money can be plastic money LOL, I think making money is not tree consuming as before.  Government had already learned  to recycle used material and recreate it the same like before.  Beside, there is another approach to that, there is specific trees that can be use as papers so creating paper money does not necessary mean they are cutting all the trees in the world LOL. 

Anyway I agree that the money system need to evolve.

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October 20, 2016, 06:07:27 PM
 #2047

i agree with the statement too that money system needs a lot of development but we are the one who is giving papers there real value as money and if we continieu this with bitcoin then we will reach the future faster but if we do it slowly then its gonna be little creapy anyway the money production is also depends on the growing population everyone is havong babies

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October 20, 2016, 06:35:27 PM
 #2048

Paper money is always good. Bitcoin is of course getting more popular and used but that doesnt mean that paper money will disappear.


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October 20, 2016, 07:19:06 PM
 #2049

Paper money is always good. Bitcoin is of course getting more popular and used but that doesnt mean that paper money will disappear.

That's right, paper money will long live. Electronic money will not replace the centralized currency. Many people use paper money, and it is convenient. Some people do not trust the electronic money and the more alternative currencies
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October 20, 2016, 07:53:40 PM
 #2050

There is no doubt that in an effort to break your privacy even further some governments will do their best to try to ban cash in fact that is a battle that has been fought for decades in my country there are a lot of things you cannot buy with cash, like cars and expensive  jewelry.

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October 21, 2016, 02:01:15 AM
 #2051

Honestly, I think it will be a step forward after the plastic card. Like in the beggining of 80' when the first ATM was opperating in big cities, they had the size of 2 telephone cabs (or more) and were very noisy. It took lot of years to people adapt to this equipment that they were afraid. The system was very "hard to believe". Lot of TV channels interviewed people and they said "I won't use this machine. How can I be sure that my money will be sent to another person in safety, and how could I trust to put a paper wallet inside this robot machine and they will store safety and when I want money I'll just pick up and booom!". It was funny. Now ATM's are so normal as a garbage can.

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October 21, 2016, 02:11:12 AM
 #2052

The future of the paper money is not so good because the fact is that its gonna less more than back in the days.
Digital money is taking over the world... its all digital.
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October 21, 2016, 03:31:55 AM
 #2053

The future of the paper money is not so good because the fact is that its gonna less more than back in the days.
Digital money is taking over the world... its all digital.

Government know that, and making moves to make it prosper, as long as computer and technology doesn't saturate the earth yet, it will always be there... Perhaps countries would just go digital if every corner of its street has internet and computer...   Smiley

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October 21, 2016, 05:10:36 AM
 #2054

The future of the paper money is not so good because the fact is that its gonna less more than back in the days.
Digital money is taking over the world... its all digital.

Government know that, and making moves to make it prosper, as long as computer and technology doesn't saturate the earth yet, it will always be there... Perhaps countries would just go digital if every corner of its street has internet and computer...   Smiley
Digital money is the future but it does not mean that paper money will be lost in circulation, people will be more smarter but it cannot surpass the total users of paper money and even smart people who are users of bitcoin are also using paper money for their daily transactions.



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Kava
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October 21, 2016, 08:11:56 AM
 #2055

A lot of poor stranine ready to move to the digital currency. The level of development is very low. They prefer lengi stored in paper form.

rizkyhiw
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October 21, 2016, 08:25:52 AM
 #2056

The future of the paper money is not so good because the fact is that its gonna less more than back in the days.
Digital money is taking over the world... its all digital.
indeed everything is digitizing nowadays start from books, images, documents etc
and now is money turn , bitcoin come as the first cryptocurrency digital money
but can you imagine if there is a paper money of bitcoin like this

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October 21, 2016, 08:27:31 AM
 #2057

Although we are entering an age where everything has its digital version, I don't see the paper money being obsolete. It is still nice to have physical forms of money. The increasing transaction counts using digital money and online payment has reduced the need to bring cash but there are still things that are better off being paid by paper money.
clickerz
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October 21, 2016, 08:33:54 AM
 #2058

governments simply aren't interested in incorporating bitcoin. they can't deal with the fact that it is something they can't control. paper money will stay at least for another 10-20 years.

Maybe 20 years or more,our fiat currency will stay.Several government as of now are trying to regulate bitcoin to curb fraud and  some illegal activities but it also means to control the said cryptocurrency.As of now transaction will undergone several confirmations at its quite slow in real time payments.

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October 21, 2016, 09:02:58 AM
 #2059

I think the future of the bill is still not clear, see a lot of people who use digital currency instead of using paper money


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RealMalatesta
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October 21, 2016, 11:13:52 AM
 #2060

I don't see any risk in the future of paper money and it will always survive even in future as Government will never allow any digital currency to get on the mainstream as it can be an threat to their financial system.
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