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Taki
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December 01, 2016, 09:35:04 AM |
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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. Government will never die. In every times will be some number of people who will think that they are the top of the nation and have rights to rule that nation. I think in future government will find the way how to work with bitcoin to it follow their interests. And we can't get away from it. So if to talk about the main question. Paper money are going to go in the hisory. All transactions in all currencies are going to be provided through the computer. And that's it. |
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diodio5
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December 01, 2016, 09:49:09 AM |
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I fully agree with the fact that there are always wishing to use paper money. Even if you implement the latest technology in popularity of paper money will remain high
I agree, the demand for paper money still remains and will remain and it is not necessary artificially to deal with it at least for the sake of insurance against unforeseen circumstances. for the current and future demand for banknotes is certainly still high. but will not know what will happen to the future, many people say that the online and virtual technology will dominate, we do not know the future of paper money |
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salemon
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December 01, 2016, 08:25:25 PM |
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The society portrayed fiction future times of economic realities or repeat today, or are a caricature of a hypothetical past, or are very much wishful thinking. But how will things were with paper money is not difficult to assume. Although very soon see for yourself.
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Holly-Dolly
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December 01, 2016, 09:26:54 PM |
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I fully agree with the fact that there are always wishing to use paper money. Even if you implement the latest technology in popularity of paper money will remain high
I agree, the demand for paper money still remains and will remain and it is not necessary artificially to deal with it at least for the sake of insurance against unforeseen circumstances. for the current and future demand for banknotes is certainly still high. but will not know what will happen to the future, many people say that the online and virtual technology will dominate, we do not know the future of paper money People are not prepared and do not perceive Bitcoin as the main currency in the world. This will be the collapse of the whole. Therefore, you need only a gradual transition and interested users. |
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Orion25
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December 01, 2016, 10:16:58 PM |
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The society portrayed fiction future times of economic realities or repeat today, or are a caricature of a hypothetical past, or are very much wishful thinking. But how will things were with paper money is not difficult to assume. Although very soon see for yourself.
Nothing wrong with that Bitcoin will begin to occupy a niche in the financial world. Maybe the people at least a little acquainted with the opportunities and dignity Bitcoin understand that it is their future. |
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rizkyhiw
Legendary
 Offline
Activity: 1484
Merit: 1004
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December 01, 2016, 10:34:50 PM |
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I fully agree with the fact that there are always wishing to use paper money. Even if you implement the latest technology in popularity of paper money will remain high
I agree, the demand for paper money still remains and will remain and it is not necessary artificially to deal with it at least for the sake of insurance against unforeseen circumstances. for the current and future demand for banknotes is certainly still high. but will not know what will happen to the future, many people say that the online and virtual technology will dominate, we do not know the future of paper money People are not prepared and do not perceive Bitcoin as the main currency in the world. This will be the collapse of the whole. Therefore, you need only a gradual transition and interested users. i believe it could be happened , nothing impossible 100 years ago people think something like telephone / cellular phone a device to make conversation from distance remotely is impossible thing but now hey look at everyone , it's more than just a normal/usual thing , so do in currency, bitcoin could be used as official global currency. |
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Skarner21
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December 01, 2016, 10:42:59 PM |
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I fully agree with the fact that there are always wishing to use paper money. Even if you implement the latest technology in popularity of paper money will remain high
I agree, the demand for paper money still remains and will remain and it is not necessary artificially to deal with it at least for the sake of insurance against unforeseen circumstances. for the current and future demand for banknotes is certainly still high. but will not know what will happen to the future, many people say that the online and virtual technology will dominate, we do not know the future of paper money People are not prepared and do not perceive Bitcoin as the main currency in the world. This will be the collapse of the whole. Therefore, you need only a gradual transition and interested users. i believe it could be happened , nothing impossible 100 years ago people think something like telephone / cellular phone a device to make conversation from distance remotely is impossible thing but now hey look at everyone , it's more than just a normal/usual thing , so do in currency, bitcoin could be used as official global currency. Well for me it is impossible to happen since we have already fiat that we can use locally so bitcoin just a good alternative and i think we can just use it through the internet buy something we want or pay for a service online.. we can also use it to buy locally just like atm accepting in stores locally.. Many people will not accept bitcoin as payment since it is digital currency if you notice the payper money you can see almost old president and heroes like here in my country our paper money here there is a face of old president and heroes.. Bitcoin is just a sign of B so it is impossible that bitcoin will be the future money.. |
Make crypto as your bank.
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Wowcoin
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December 01, 2016, 10:47:03 PM |
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The future of paper money is always the same as for now. Because we use it in our daily living to buy anything that we like to buy using paper money. They said that it can be replace it in bitcoin but i think its could not happen.
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sotoshihero
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December 01, 2016, 10:52:31 PM |
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The future of paper money will not be totally eliminated since it is what we used to trade several hundred years ago and with the absence of online technology.Also, using this cryptocurrency has also a learning curve and needs computer knowledge for one to appreciate.
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JANGKRIK BOSS
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December 02, 2016, 01:24:35 AM |
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Paper money will never be replace, not all transactions can be done with digital money, it is like the case with the use of paper for archival main documents or finance documents.
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Japinat
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December 02, 2016, 02:42:29 AM |
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Paper money will never be replace, not all transactions can be done with digital money, it is like the case with the use of paper for archival main documents or finance documents.
Exactly, even bitcoin users are using paper money for their daily transactions. The fact that it's the government who required as to use paper money as a legal tender to be use for daily transaction that gives us confidence over bitcoin. Government rule the world, they implement laws to protect its people so that makes sense to believe that money will still be strong in the future. |
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SidaroffVany
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December 02, 2016, 06:08:44 AM |
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Paper money will never be replace, not all transactions can be done with digital money, it is like the case with the use of paper for archival main documents or finance documents.
Exactly, even bitcoin users are using paper money for their daily transactions. The fact that it's the government who required as to use paper money as a legal tender to be use for daily transaction that gives us confidence over bitcoin. Government rule the world, they implement laws to protect its people so that makes sense to believe that money will still be strong in the future. I do not think that should be so skeptical that paper money in general have ceased to exist in the near future. It seems to me that these words specifically aimed at to influence the minds of the people, if it is unavoidable. But this is not the case. |
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agamasrori
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December 02, 2016, 10:03:17 AM |
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Paper money will never be replace, not all transactions can be done with digital money, it is like the case with the use of paper for archival main documents or finance documents.
Exactly, even bitcoin users are using paper money for their daily transactions. The fact that it's the government who required as to use paper money as a legal tender to be use for daily transaction that gives us confidence over bitcoin. Government rule the world, they implement laws to protect its people so that makes sense to believe that money will still be strong in the future. I do not think that should be so skeptical that paper money in general have ceased to exist in the near future. It seems to me that these words specifically aimed at to influence the minds of the people, if it is unavoidable. But this is not the case. However, paper money is just paper, it isn't have intrinsic value. It's different with gold that was used before paper money created. I am sure that paper money will replaced by gold. |
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serjent05
Legendary
Offline
Activity: 2828
Merit: 1253
Cashback 15%
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December 02, 2016, 10:32:39 AM |
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Paper money will never be replace, not all transactions can be done with digital money, it is like the case with the use of paper for archival main documents or finance documents.
Exactly, even bitcoin users are using paper money for their daily transactions. The fact that it's the government who required as to use paper money as a legal tender to be use for daily transaction that gives us confidence over bitcoin. Government rule the world, they implement laws to protect its people so that makes sense to believe that money will still be strong in the future. I do not think that should be so skeptical that paper money in general have ceased to exist in the near future. It seems to me that these words specifically aimed at to influence the minds of the people, if it is unavoidable. But this is not the case. However, paper money is just paper, it isn't have intrinsic value. It's different with gold that was used before paper money created. I am sure that paper money will replaced by gold. I don't think gold will replace paper money, paper money will cease to exist but instead of gold, I think the next thing will be cashless society but probably it will use cryptocurreny and not gold as currency. It is evident since banks are now studying how to take advantage of blockchain technology and apply it to their advantage. |
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altcoinnxt
Member
Offline
Activity: 80
Merit: 10
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December 02, 2016, 11:22:48 AM |
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Paper money will never disappear, many people use it and that is very good. It is their money that they use so it is important for them.
Of course we can see that the Bitcoin will be more used now and that is also very great to see.
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audaciousbeing
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December 02, 2016, 12:24:03 PM |
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Paper money will never disappear, many people use it and that is very good. It is their money that they use so it is important for them.
Of course we can see that the Bitcoin will be more used now and that is also very great to see.
I agree that paper money influence is actually reducing but I am not sure of its eradication even if possible I don't see Bitcoin taking its place. Even as at now over here, the era of carrying cash is gradually fading away as I can practically pay for everything without having to use cash via mobile money and various bank applications. Until when Bitcoin is legalized then that is when I see competition. |
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deisik
Legendary
Offline
Activity: 3444
Merit: 1280
English ⬄ Russian Translation Services
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December 02, 2016, 03:39:13 PM |
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Paper money will never be replace, not all transactions can be done with digital money, it is like the case with the use of paper for archival main documents or finance documents.
Exactly, even bitcoin users are using paper money for their daily transactions. The fact that it's the government who required as to use paper money as a legal tender to be use for daily transaction that gives us confidence over bitcoin. Government rule the world, they implement laws to protect its people so that makes sense to believe that money will still be strong in the future. I do not think that should be so skeptical that paper money in general have ceased to exist in the near future. It seems to me that these words specifically aimed at to influence the minds of the people, if it is unavoidable. But this is not the case. However, paper money is just paper, it isn't have intrinsic value. It's different with gold that was used before paper money created. I am sure that paper money will replaced by gold. So far paper money had replaced gold, and there is no reason to think that gold is going to replace fiat any time soon. I don't know of a single example in the recent history when paper money was replaced by gold. There were many talks about returning to gold standard of sorts, someone like Muammar Gaddafi even suggesting to issue the gold dinar, but these had remained only idle talks. Just in case, Bitcoin has no intrinsic value either, save for transactional utility only... But fiat money has this utility as well |
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sportis
Sr. Member
Offline
Activity: 406
Merit: 252
Veni, Vidi, Vici
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December 02, 2016, 03:55:55 PM |
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The bank notes of every country except used as financial transaction mean have also historical value for their citizens. Additionally, we should not forget that many people "do not understand that they have money" if they can not hold it and count with their hands. Based on these and perhaps other reasons I do not now remember it is difficult banknotes to disappear in the near future
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farl2web
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December 02, 2016, 04:39:48 PM |
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The bank notes of every country except used as financial transaction mean have also historical value for their citizens. Additionally, we should not forget that many people "do not understand that they have money" if they can not hold it and count with their hands. Based on these and perhaps other reasons I do not now remember it is difficult banknotes to disappear in the near future
Banks still do not use paper money, and only in electronic form or by bank transfer all business. Paper money only for people need. |
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mastica
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December 02, 2016, 08:22:00 PM |
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I doubt gold can be exchanged into the big fortunes hold at banks, gold has it time already of being main currency. The current fiat system is better then gold, since it can be printed new money anytime, they does control the money into circulation. I doubt bitcoin wil replace any of those, neither gold neither fiat printed money, we are going to swicth to digital fiat, atleast we are doing several things from home with our computers as well cellphones.
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