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Author Topic: The future of the paper money  (Read 403627 times)
deisik
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November 26, 2016, 01:05:01 PM
 #2381

Bitcoin would be easy to use than debit cards if more establishment will accept bitcoin. It's easy for them and for use and they can increase their income the same with lessening their workforce. It's convenient to use it.

I don't really think that Bitcoin can be easier to use than debit cards. There are already a number of Bitcoin payment cards issued by some web wallets and exchanges (Coinbase, Xapo, etc), but they are basically the same plastic cards that are in the widespread usage today. Ultimately, this technology doesn't depend on the type of the currency it is used to process. If you refer to paying with smartphones, I don't think it is a good idea after all...

Let alone the convenience of using smartphones for payment

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November 26, 2016, 01:58:20 PM
 #2382

Bitcoin would be easy to use than debit cards if more establishment will accept bitcoin. It's easy for them and for use and they can increase their income the same with lessening their workforce. It's convenient to use it.

I don't really think that Bitcoin can be easier to use than debit cards. There are already a number of Bitcoin payment cards issued by some web wallets and exchanges (Coinbase, Xapo, etc), but they are basically the same plastic cards that are in the widespread usage today. Ultimately, this technology doesn't depend on the type of the currency it is used to process. If you refer to paying with smartphones, I don't think it is a good idea after all...

Let alone the convenience of using smartphones for payment
Yes, having debit card issued by some web wallet is just the same from the debit card came from bank, once you've transfer your bitcoin on your debit card it will also money, thats why i am thinking why others are comparing money on bitcoins?
Paper money can never be replace by any digital currency because all people needs it.
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November 26, 2016, 02:12:45 PM
 #2383

Paper money still exist in the future even dihital currency would ve more popular because not all people can have this decentralized currency that is ehy paper money is much usable to them for daily needs.
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November 26, 2016, 08:20:30 PM
 #2384

Paper money is all love and use. They are very popular. and yet very few people know about Bitcoin. that is why in the future, all paper money will also be live
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November 26, 2016, 09:59:06 PM
 #2385

Paper money is all love and use. They are very popular. and yet very few people know about Bitcoin. that is why in the future, all paper money will also be live

That is not true. Macbooks may be popular now but something better than a Macbook may come out in the future and replace the macbook for apple users. Or Xbox may be replaced by something better. Same goes with curencies.

Paper money is worthless, and will be dead.



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delliaerd
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November 26, 2016, 10:17:01 PM
 #2386

Paper money is all love and use. They are very popular. and yet very few people know about Bitcoin. that is why in the future, all paper money will also be live

That is not true. Macbooks may be popular now but something better than a Macbook may come out in the future and replace the macbook for apple users. Or Xbox may be replaced by something better. Same goes with curencies.

Paper money is worthless, and will be dead.
Yes,  paper money is become worthless. Thats happen to bolivar, it is price is 1 dollar = 82 bolivar a few time ago, but the the price is down, the price is 1 dollar = 676 bolivar now. So people were make demand to change 141 million bolivar into bitcoin and 117 million bolivar into usd. Some of countries were have a problem with their fiat then they looking for alternatif to safe their wealth. Paper money is do not have a future.

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November 26, 2016, 10:21:37 PM
 #2387

Paper money still exist in the future even dihital currency would ve more popular because not all people can have this decentralized currency that is ehy paper money is much usable to them for daily needs.

It depends. If we can promote bitcoin and spread it worldwide then there isn't really much of a use for paper currency, especially when they are issued by a government and costing them so much to issue.

Governments could even move onto cryptocurrencies themselves, to save the printing fees.

goldcoinminer
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November 27, 2016, 05:57:19 AM
 #2388

Paper money still exist in the future even dihital currency would ve more popular because not all people can have this decentralized currency that is ehy paper money is much usable to them for daily needs.

It depends. If we can promote bitcoin and spread it worldwide then there isn't really much of a use for paper currency, especially when they are issued by a government and costing them so much to issue.

Governments could even move onto cryptocurrencies themselves, to save the printing fees.
So how would you teach people who are uneducated to use bitcoin in the first place? You can't expect that all people in this world are computer literate, poverty is massive in poor countries and they are part of the world.

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November 27, 2016, 11:56:49 AM
 #2389

Paper money still exist in the future even dihital currency would ve more popular because not all people can have this decentralized currency that is ehy paper money is much usable to them for daily needs.

It depends. If we can promote bitcoin and spread it worldwide then there isn't really much of a use for paper currency, especially when they are issued by a government and costing them so much to issue.

Governments could even move onto cryptocurrencies themselves, to save the printing fees.
i agree with you and promoting crytocurrencies will help our wonderful mother earth to be saved because it will reduced the cutting of trees . because we all know that paper is came from trees and many trees has been cutoff because of producing paper. thats why they recycling the paper to create a paper again but our paper money use special paper which usually different from a normal paper.


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November 27, 2016, 04:26:49 PM
 #2390

Paper money is all love and use. They are very popular. and yet very few people know about Bitcoin. that is why in the future, all paper money will also be live

That is not true. Macbooks may be popular now but something better than a Macbook may come out in the future and replace the macbook for apple users. Or Xbox may be replaced by something better. Same goes with curencies.

Paper money is worthless, and will be dead.
i think it is too early for that, as a very little number of people are using bitcoin majority of the people do not know about bitcoin, they have even not yet hear the name of bitcoin and therefore they are using fiat currency, to me i think it will take decades when al the people of the world will start using bitcoin.


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November 27, 2016, 04:27:36 PM
 #2391

Give a man a gun and he can rob a Bank. Give a man a Bank and he can rob the world.
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November 27, 2016, 04:36:09 PM
 #2392

Paper money still exist in the future even dihital currency would ve more popular because not all people can have this decentralized currency that is ehy paper money is much usable to them for daily needs.

It depends. If we can promote bitcoin and spread it worldwide then there isn't really much of a use for paper currency, especially when they are issued by a government and costing them so much to issue.

Governments could even move onto cryptocurrencies themselves, to save the printing fees.

"Printing money" is mostly used as a metaphor. Governments are already moving from paper money into digital. I mean digital fiat, and not cryptocurrencies as you might think. Cash (including paper bills and specie) accounts only for a tiny part of all money circulating in the economy. And what's more, even the money issued by the government itself (or central bank like the Fed if it is a separate entity) is only part of all money and money derivatives used as money in the economy...

Needless to say that "printing" such money costs next to nothing

i agree with you and promoting crytocurrencies will help our wonderful mother earth to be saved because it will reduced the cutting of trees . because we all know that paper is came from trees and many trees has been cutoff because of producing paper. thats why they recycling the paper to create a paper again but our paper money use special paper which usually different from a normal paper.

Paper money is typically made from cotton, not wood

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November 27, 2016, 05:18:53 PM
 #2393

Paper money is all love and use. They are very popular. and yet very few people know about Bitcoin. that is why in the future, all paper money will also be live

That is not true. Macbooks may be popular now but something better than a Macbook may come out in the future and replace the macbook for apple users. Or Xbox may be replaced by something better. Same goes with curencies.

Paper money is worthless, and will be dead.
Yes,  paper money is become worthless. Thats happen to bolivar, it is price is 1 dollar = 82 bolivar a few time ago, but the the price is down, the price is 1 dollar = 676 bolivar now. So people were make demand to change 141 million bolivar into bitcoin and 117 million bolivar into usd. Some of countries were have a problem with their fiat then they looking for alternatif to safe their wealth. Paper money is do not have a future.
The problem here is that the president wont allow anyone to exchange from local fiat where he has plenty control over it, to something he cant control as bitcoin, i know the people which live there need stability but as long the governements doesnt change they wont be able to have a normal life with those inflations rates.


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batang_bitcoin
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November 28, 2016, 02:56:20 AM
 #2394

Give a man a gun and he can rob a Bank. Give a man a Bank and he can rob the world.

Are you serious about this man? LOL.


Paper money is all love and use. They are very popular. and yet very few people know about Bitcoin. that is why in the future, all paper money will also be live

That is not true. Macbooks may be popular now but something better than a Macbook may come out in the future and replace the macbook for apple users. Or Xbox may be replaced by something better. Same goes with curencies.

Paper money is worthless, and will be dead.
i think it is too early for that, as a very little number of people are using bitcoin majority of the people do not know about bitcoin, they have even not yet hear the name of bitcoin and therefore they are using fiat currency, to me i think it will take decades when al the people of the world will start using bitcoin.

Paper money can't be dead either because it is controlled by the government, it can be dead but today and for the next years it is going to be hard for a decentralized currency to make it replaced. It can be replaced by being upgraded from paper money to digital money but still that is a local currency that has been transformed to digital.

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November 28, 2016, 08:26:06 AM
 #2395

Paper money is all love and use. They are very popular. and yet very few people know about Bitcoin. that is why in the future, all paper money will also be live

That is not true. Macbooks may be popular now but something better than a Macbook may come out in the future and replace the macbook for apple users. Or Xbox may be replaced by something better. Same goes with curencies.

Paper money is worthless, and will be dead.
Yes,  paper money is become worthless. Thats happen to bolivar, it is price is 1 dollar = 82 bolivar a few time ago, but the the price is down, the price is 1 dollar = 676 bolivar now. So people were make demand to change 141 million bolivar into bitcoin and 117 million bolivar into usd. Some of countries were have a problem with their fiat then they looking for alternatif to safe their wealth. Paper money is do not have a future.
The problem here is that the president wont allow anyone to exchange from local fiat where he has plenty control over it, to something he cant control as bitcoin, i know the people which live there need stability but as long the governements doesnt change they wont be able to have a normal life with those inflations rates.
That's true.. most countries will not agree to any changes when it comes to their currencies because this may take a lot of work.. instead, they will just simply adapt using bitcoin as an alternative way for transaction but not replacing their own currency.

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November 28, 2016, 09:15:33 AM
 #2396

Paper money is all love and use. They are very popular. and yet very few people know about Bitcoin. that is why in the future, all paper money will also be live

That is not true. Macbooks may be popular now but something better than a Macbook may come out in the future and replace the macbook for apple users. Or Xbox may be replaced by something better. Same goes with curencies.

Paper money is worthless, and will be dead.
Yes,  paper money is become worthless. Thats happen to bolivar, it is price is 1 dollar = 82 bolivar a few time ago, but the the price is down, the price is 1 dollar = 676 bolivar now. So people were make demand to change 141 million bolivar into bitcoin and 117 million bolivar into usd. Some of countries were have a problem with their fiat then they looking for alternatif to safe their wealth. Paper money is do not have a future.
The problem here is that the president wont allow anyone to exchange from local fiat where he has plenty control over it, to something he cant control as bitcoin, i know the people which live there need stability but as long the governements doesnt change they wont be able to have a normal life with those inflations rates.
That's true.. most countries will not agree to any changes when it comes to their currencies because this may take a lot of work.. instead, they will just simply adapt using bitcoin as an alternative way for transaction but not replacing their own currency.
If they want to change their currency into a bitcoin was easy, but it will never happen because the currency is a symbol of the country and certainly the government will not allow it happen.
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November 28, 2016, 01:40:38 PM
 #2397

Paper money is all love and use. They are very popular. and yet very few people know about Bitcoin. that is why in the future, all paper money will also be live

That is not true. Macbooks may be popular now but something better than a Macbook may come out in the future and replace the macbook for apple users. Or Xbox may be replaced by something better. Same goes with curencies.

Paper money is worthless, and will be dead.
Yes,  paper money is become worthless. Thats happen to bolivar, it is price is 1 dollar = 82 bolivar a few time ago, but the the price is down, the price is 1 dollar = 676 bolivar now. So people were make demand to change 141 million bolivar into bitcoin and 117 million bolivar into usd. Some of countries were have a problem with their fiat then they looking for alternatif to safe their wealth. Paper money is do not have a future.
The problem here is that the president wont allow anyone to exchange from local fiat where he has plenty control over it, to something he cant control as bitcoin, i know the people which live there need stability but as long the governements doesnt change they wont be able to have a normal life with those inflations rates.
That's true.. most countries will not agree to any changes when it comes to their currencies because this may take a lot of work.. instead, they will just simply adapt using bitcoin as an alternative way for transaction but not replacing their own currency.
If they want to change their currency into a bitcoin was easy, but it will never happen because the currency is a symbol of the country and certainly the government will not allow it happen.
Besides the wall that the countrie will put into such attempt to change of currencie, its hard to believe a currency can be replaced, it can join a group like euro made and instead of 5 currencies turn into just one.

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November 28, 2016, 09:48:31 PM
 #2398

Give a man a gun and he can rob a Bank. Give a man a Bank and he can rob the world.

Are you serious about this man? LOL.


Paper money is all love and use. They are very popular. and yet very few people know about Bitcoin. that is why in the future, all paper money will also be live

That is not true. Macbooks may be popular now but something better than a Macbook may come out in the future and replace the macbook for apple users. Or Xbox may be replaced by something better. Same goes with curencies.

Paper money is worthless, and will be dead.
i think it is too early for that, as a very little number of people are using bitcoin majority of the people do not know about bitcoin, they have even not yet hear the name of bitcoin and therefore they are using fiat currency, to me i think it will take decades when al the people of the world will start using bitcoin.

Paper money can't be dead either because it is controlled by the government, it can be dead but today and for the next years it is going to be hard for a decentralized currency to make it replaced. It can be replaced by being upgraded from paper money to digital money but still that is a local currency that has been transformed to digital.
every government wants their currency have good value in the international market, no country want their currency to become devalue, therefore they are giving strong support to it, and the second reason is that still people have no other best option available which can fulfill all their need therefore they are still giving preference to their fiat.
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November 28, 2016, 10:30:56 PM
 #2399

Paper money still exist in the future even dihital currency would ve more popular because not all people can have this decentralized currency that is ehy paper money is much usable to them for daily needs.

It depends. If we can promote bitcoin and spread it worldwide then there isn't really much of a use for paper currency, especially when they are issued by a government and costing them so much to issue.

Governments could even move onto cryptocurrencies themselves, to save the printing fees.
We do not need to promote Bitcoin at all. Bitcoin itself can easily spread all over the world because of its advantages and cyber-used. Bitcoin provides a lot of benefits which people can not deny. In spite of not being popular right now, I believe that Bitcoin will be accepted by most of the people in the near future
I don't think that Government will choose Bitcoin to be either priority currency or secondary currency because people do not have to pay fee to use Bitcoin and it will make the government slowly die.

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November 29, 2016, 05:52:57 AM
 #2400

Paper money still exist in the future even dihital currency would ve more popular because not all people can have this decentralized currency that is ehy paper money is much usable to them for daily needs.

It depends. If we can promote bitcoin and spread it worldwide then there isn't really much of a use for paper currency, especially when they are issued by a government and costing them so much to issue.

Governments could even move onto cryptocurrencies themselves, to save the printing fees.
We do not need to promote Bitcoin at all. Bitcoin itself can easily spread all over the world because of its advantages and cyber-used. Bitcoin provides a lot of benefits which people can not deny. In spite of not being popular right now, I believe that Bitcoin will be accepted by most of the people in the near future
I don't think that Government will choose Bitcoin to be either priority currency or secondary currency because people do not have to pay fee to use Bitcoin and it will make the government slowly die.
I know bitcoin is very popular now but that would not be possible without our support. Let's take it this way for everyone to understand.

Businesses promote bitcoin by accepting bitcoin as a payment method and we members of the forum online promote their business thru a signature campaign or any sort of activities. That's just one of the basic example.

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