Bitcoin Forum
November 22, 2017, 03:28:32 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 [130] 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 ... 238 »
  Print  
Author Topic: The future of the paper money  (Read 404043 times)
Taki
Hero Member
*****
Offline Offline

Activity: 588


View Profile
January 14, 2017, 06:09:28 PM
 #2581

yes currently there is nothing wrong to paper money, because still almost all the people of the world using fiat currency, but as soon as the trend of online currency is increasing the value of fiat currency is decrease, and a time can come when all the people of the world will be using online currency.

Time will surely clear everything. Though we feel that the world will turn its face towards digital currencies and fiat will disappear but still somewhere in the mind it keeps poping up that there will still be people willing to use fiat even after a revolution of digital currency in the world.

Paper money will disappear one day. But that will happen not too soon at all. Bitcoin is just in the beginning of it's history and it's rising, not just by the price, but as currency. The problem of today is that not every human can understand bitcoin. And many people think bitcoin is a new pyramid. But time will place everything on it's place soon.

   
▄████▄       
██████       
▀████▀       
▀██████      ▄▄▄▄▄▄▄▄▄▄▄▄   
▄▄█████  ▄██████████████████▄
▄██████▀██  ████████████████████
▄█████▀    ▀  ████████████████████
▄█████▀         ███ ████████████ ███
██████▀          ███ ████████████ ███
███████           ███ ████████████ ███

▄████▄                  ███████   
██████                 ▄██████     
▀████▀                ▄█████▀     
▄▄▄▄▄▄▄▄▄▄▄▄      ▄    ▄█████▀       
▄██████████████████▄  ██▄ █████▀         
████████████████████  ██████▀▀           
████████████████████  ██████▄             
███ ████████████ ███                     
███ ████████████ ███                     
███ ████████████ ███                       
  [    |    ████████████████████████
████████████████████████
███            ▀████████
███  ███████  ▄  ▀██████
███           ██▄  ▀████
███  ███████  ████▄  ███
███                  ███
███  ██████████████  ███
███                  ███
███  ██████████████  ███
███                  ███
████████████████████████
████████████████████████
  ] 
FACEBOOK  )   (  TWITTER  )
  .SUBSCRIBE NOW!!!. 
INSTAGRAM  )  (  LINKEDIN  )
1511364512
Hero Member
*
Offline Offline

Posts: 1511364512

View Profile Personal Message (Offline)

Ignore
1511364512
Reply with quote  #2

1511364512
Report to moderator
1511364512
Hero Member
*
Offline Offline

Posts: 1511364512

View Profile Personal Message (Offline)

Ignore
1511364512
Reply with quote  #2

1511364512
Report to moderator
1511364512
Hero Member
*
Offline Offline

Posts: 1511364512

View Profile Personal Message (Offline)

Ignore
1511364512
Reply with quote  #2

1511364512
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
praboso96
Full Member
***
Offline Offline

Activity: 196



View Profile
January 14, 2017, 07:01:16 PM
 #2582

Paper money will long exist. This is not just a means to pay for goods or services. It is a habit and an indicator of prestige
Rooster101
Full Member
***
Offline Offline

Activity: 196


MGF Presale starts on 15th of November


View Profile
January 15, 2017, 06:23:16 AM
 #2583

Paper money will long exist. This is not just a means to pay for goods or services. It is a habit and an indicator of prestige

Right, it's been used by many generations and survived countless wars and natural calamities. Paper money will also overcome the threat of virtual currency which only exist in the digital realm. The future remains bright for the fiat for its availability, portability and convenience.

South Park
Hero Member
*****
Offline Offline

Activity: 518


★Bitvest.io★ Play Plinko or Invest!


View Profile
January 15, 2017, 04:15:39 PM
 #2584

Paper money will long exist. This is not just a means to pay for goods or services. It is a habit and an indicator of prestige

Right, it's been used by many generations and survived countless wars and natural calamities. Paper money will also overcome the threat of virtual currency which only exist in the digital realm. The future remains bright for the fiat for its availability, portability and convenience.
I really think fiat will keep on existing but to think the future is bright seems a mistake, everyday the average person relies more and more on online payments and credit cards, so there is no denying that paper money is losing its use.



.
.BITVEST DICE.
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
Berns
Sr. Member
****
Offline Offline

Activity: 319



View Profile
January 15, 2017, 04:44:49 PM
 #2585

Paper money will long exist. This is not just a means to pay for goods or services. It is a habit and an indicator of prestige

Right, it's been used by many generations and survived countless wars and natural calamities. Paper money will also overcome the threat of virtual currency which only exist in the digital realm. The future remains bright for the fiat for its availability, portability and convenience.
I really think fiat will keep on existing but to think the future is bright seems a mistake, everyday the average person relies more and more on online payments and credit cards, so there is no denying that paper money is losing its use.

Paper money will long be popular. They all love and know everything about them. And about Bitcoin knows too few people. In the next few decades, the paper money is not in danger
justdimin
Hero Member
*****
Offline Offline

Activity: 700



View Profile
January 15, 2017, 05:34:44 PM
 #2586

should I say that both are not safe for the possibility of any crimes can be committed regardless on how you are tight in securing yourself with it.

Let's just use both for whatever good purpose that we can. Because it depends on the individual users on they are convenient with it.

And I'm convenient on using them both and I can adopt whether the future of paper money will be obsolete or will remain.
Using bitcoin might seem safer because you are hidden from any control by banks or governments and it is a good thing because hackers can’t get to you and steal your bank account but it is also a bad thing.

Using bitcoin made the life of drug dealers and hackers a much easier way to sell their illegal services on the internet without being tracked down, but as you said it depends on how the user uses either bitcoin or paper money. 

||▄▄▀▀▀▀▄            ▄▀▀▀▀▄▄
█▀▀▄   ▀▀▄      ▄▀▀   ▄███
█   █▀▄   ▀▀▄▄▀▀   ▄██████
█   █  ▀▀▄      ▄█████████
█   █     ▀▀▄▄██████▀▀████
█   █        ████▀  ▄▄████
█   █        █▀  ▄▄███████
█   █         ▄▄████▀▀████
█    ▀▄      ████▀  ▄▄████
 ▀▀▄   ▀▀▄   █▀  ▄█████▀▀
    ▀▀▄   ▀▀▄▄▄█████▀▀
       ▀▀▄   ████▀▀
          ▀▀▄█▀▀
▄▄▀▀▀▀▄            ▄▀▀▀▀▄▄
█▀▀▄   ▀▀▄      ▄▀▀   ▄███
█   █▀▄   ▀▀▄▄▀▀   ▄██████
█   █  ▀▀▄      ▄█████████
█   █     ▀▀▄▄██████▀▀████
█   █        ████▀  ▄▄████
█   █        █▀  ▄▄███████
█   █         ▄▄████▀▀████
█    ▀▄      ████▀  ▄▄████
 ▀▀▄   ▀▀▄   █▀  ▄█████▀▀
    ▀▀▄   ▀▀▄▄▄█████▀▀
       ▀▀▄   ████▀▀
          ▀▀▄█▀▀
[]|
agamasrori
Sr. Member
****
Offline Offline

Activity: 350


View Profile
January 16, 2017, 02:39:11 AM
 #2587

Paper money will long exist. This is not just a means to pay for goods or services. It is a habit and an indicator of prestige

Right, it's been used by many generations and survived countless wars and natural calamities. Paper money will also overcome the threat of virtual currency which only exist in the digital realm. The future remains bright for the fiat for its availability, portability and convenience.
But so many countries were saturated of using fiat. Before fiat is just a representation of gold. So everyone can exchange their money to gold, the amount of fiat must equal with gold. But  now governtment prints fiat without regard to the amount of gold. Fiat system is no longger appropriate for us.


              ▄
            ▄███▄
          ▄███████▄
   ▄▄▄    █
█████████
   ███
    ███████████▄
██    ████    ████████▄
      ████    ██████████
  ████    ████▀██████████
  ████    ██▀   ▀█████████▄
      █████       █████████▄
      ███▀         ▀████████
  ██████▀           ▀███████
  █████▀             ▀█████
   ████ █▄▄▄     ▄▄▄█ ████
    ███ ▀███████████▀ ███
     ▀▀█▄ █████████ ▄█▀▀
        ▀▀▄▄ ▀▀▀ ▄▄▀▀
●●
●●
●●
●●
●●
●●
|●  facebook
●  reddit
●  ann thread
|
█ ██
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██

██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
██ █
Japinat
Hero Member
*****
Offline Offline

Activity: 616



View Profile
January 16, 2017, 03:48:55 AM
 #2588

Paper money will long exist. This is not just a means to pay for goods or services. It is a habit and an indicator of prestige

Right, it's been used by many generations and survived countless wars and natural calamities. Paper money will also overcome the threat of virtual currency which only exist in the digital realm. The future remains bright for the fiat for its availability, portability and convenience.
But so many countries were saturated of using fiat. Before fiat is just a representation of gold. So everyone can exchange their money to gold, the amount of fiat must equal with gold. But  now governtment prints fiat without regard to the amount of gold. Fiat system is no longger appropriate for us.
I don't think the production of fiat is based on gold, I believe fiat money is created by the government to be use by all people as a legal tender using any transactions. It's the most accepted form of money and every country has their own, and I can say that it will not be replace by something else or bitcoin in specific like others are thinking. It's the most convenience and has the power of the government to regulate it, we trust the government so we trust fiat.

.BitDice.               ▄▄███▄▄
           ▄▄██▀▀ ▄ ▀▀██▄▄
      ▄▄█ ▀▀  ▄▄█████▄▄  ▀▀ █▄▄
  ▄▄██▀▀     ▀▀ █████ ▀▀     ▀▀██▄▄
██▀▀ ▄▄██▀      ▀███▀      ▀██▄▄ ▀▀██
██  ████▄▄       ███       ▄▄████  ██
██  █▀▀████▄▄  ▄█████▄  ▄▄████▀▀█  ██
██  ▀     ▀▀▀███████████▀▀▀     ▀  ██
             ███████████
██  ▄     ▄▄▄███████████▄▄▄     ▄  ██
██  █▄▄████▀▀  ▀█████▀  ▀▀████▄▄█  ██
██  ████▀▀       ███       ▀▀████  ██
██▄▄ ▀▀██▄      ▄███▄      ▄██▀▀ ▄▄██
  ▀▀██▄▄     ▄▄ █████ ▄▄     ▄▄██▀▀
      ▀▀█ ▄▄  ▀▀█████▀▀  ▄▄ █▀▀
           ▀▀██▄▄ ▀ ▄▄██▀▀
               ▀▀███▀▀
        ▄▄███████▄▄
     ▄███████████████▄
    ████▀▀       ▀▀████
   ████▀           ▀████
   ████             ████
   ████ ▄▄▄▄▄▄▄▄▄▄▄ ████
▄█████████████████████████▄
██████████▀▀▀▀▀▀▀██████████
████                   ████
████                   ████
████                   ████
████                   ████
████                   ████
████▄                 ▄████
████████▄▄▄     ▄▄▄████████
  ▀▀▀█████████████████▀▀▀
        ▀▀▀█████▀▀▀
▄▄████████████████████████████████▄▄
██████████████████████████████████████
█████                            █████
█████                            █████
█████                            █████
█████                            █████
█████                     ▄▄▄▄▄▄▄▄▄▄
█████                   ▄█▀▀▀▀▀▀▀▀▀▀█▄
█████                   ██          ██
█████                   ██          ██
█████                   ██          ██
██████████████████▀▀███ ██          ██
 ████████████████▄  ▄██ ██          ██
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██          ██
             ██████████ ██          ██
           ▄███████████ ██████▀▀██████
          █████████████  ▀████▄▄████▀
[/]
(o)(o)ilikeboobs(o)(o)
Full Member
***
Offline Offline

Activity: 165



View Profile
January 16, 2017, 04:02:45 AM
 #2589

Paper money will long exist. This is not just a means to pay for goods or services. It is a habit and an indicator of prestige

Right, it's been used by many generations and survived countless wars and natural calamities. Paper money will also overcome the threat of virtual currency which only exist in the digital realm. The future remains bright for the fiat for its availability, portability and convenience.
But so many countries were saturated of using fiat. Before fiat is just a representation of gold. So everyone can exchange their money to gold, the amount of fiat must equal with gold. But  now governtment prints fiat without regard to the amount of gold. Fiat system is no longger appropriate for us.

what you said is true some country are printing the fiat money with out the fundamental of the policy but i think paper money will exist as most of the bitcoin users are also believing that storing bitcoins in paper format is most secure then obviously instead of fiat paper money we will be using bitcoin paper for all transactions in future if bitcoin comes to main stream.

◀◀◀◀◀◀◀ TASKIE ▶▶▶▶▶▶▶
◀◀ JOIN Pre-ICO NOW ▶▶
www.taskie.us www.taskieprojects.us taskiefunds

MEMBER
◀◀◀◀◀◀◀ TASKIE ▶▶▶▶▶▶▶
◀◀ JOIN Pre-ICO NOW ▶▶
www.taskie.uswww.taskieprojects.us • taskiefunds
Code:
◀◀◀◀◀◀◀ TASKIE ▶▶▶▶▶▶▶
◀◀ JOIN Pre-ICO NOW ▶▶
www.taskie.uswww.taskieprojects.ustaskiefunds

JR. MEMBER
◀◀◀◀◀◀ TASKIE ▶▶▶▶▶▶
◀ JOIN Pre-ICO NOW ▶
Code:

Avatar

v1


v2

[/quote]

Designed by:
kaeluxdeuz
Report to moderator 
❚♺CryptoMixer.io♺❚ ❖Fast, Secure and Reliable Bitcoin Mixer ❖
satoshiDICE
Play as The House and Win in the Long Run!
Steady 1500+ BTC paid out. Years of Trust!
PUT COINS AT WORK
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
jamalaezaz
Sr. Member
****
Online Online

Activity: 378
Posts: 1499



Learning from Mistakes


View Profile  Personal Message (Online)
Trust: 0: -0 / +0
Ignore
   
Re: TASKIE Pre-ICO Signature Campaign - Easy Rules, High Payment
January 09, 2017, 02:15:22 PM
Reply with quote  #2
signature campaign started. feel free to Join..

To Join Our Pre-ICO with 50% Bonus:

Quote from: FruitsBasket on January 09, 2017, 06:45:34 PM
TASKIE PRE-ICO INVESTMENT GUIDE
PRE-ICO starts 10th January!

Before you send any BTCitcoin to invest in the PRE-ICO phase of TASKIE you should read the following rules/terms:

- You must send bitcoin from your own wallet, from which u can sign a message.
- Don't send bitcoin from an exchange or gambling website or any other online service that is not meant to be a bitcoin wallet.
- You must have an Taskie.us account before participating in the PRE-ICO.
- There will be a public spreadsheet which stores all the data of the investements and the signed messages.
- Signed messages will be checked manually and will get the status "Approved" if they are valid.

Step By Step Investment Guide

Follow these steps in order to invest in TASKIE PRE-ICO:

1: Create an TASKIE account, go to the site http://taskie.us/signup.php and create your account.
2: Verify your account by clicking on the link in the email confirmation.
3: Send your desired amount to invest to: 3LpLioYMADzSzq799izH2aVa55DNy4HamL
4: Sign message with the the following message:
Code:
My taskie username: example
My bitcointalk username: FruitsBasket
Transaction id: e54b8f8b77ef2ec0a72d2378a3bf93d85dd3f724d9bfdffe5b1a13b3fbb3e757
My taskie username is "example". My bitcointalk username is "FruitsBasket". Of course when u sign a message, replace the two values with your own account names. Also replace the tx id with your own tx id.

5: Fill in the form at: https://docs.google.com/forms/d/e/1FAIpQLSfgE4pvUIt_wrzfmdyf3Yy7L5n6XDqYIx_Kk6V1tw5mdQfZdw/viewform
Report to moderator 
❚♺CryptoMixer.io♺❚ ❖Fast, Secure and Reliable Bitcoin Mixer ❖
marketone
Sr. Member
****
Online Online

Activity: 402
Posts: 402




View Profile  Personal Message (Online)
Trust: 0: -0 / +0
Ignore
   
Re: TASKIE Pre-ICO Signature Campaign - Easy Rules, High Payment
Today at 09:18:10 AM
Reply with quote  #3
Sorry, the file you have requested does not exist.

Make sure that you have the correct URL and the file existed.

We cannot able to open application for joining? It is saying as we need permissions.
Report to moderator 
----- TASKIE -----
First Anonymous Microjobs   ██████████
Mbah Slamet
Full Member
***
Offline Offline

Activity: 154


View Profile
January 16, 2017, 05:03:57 AM
 #2590

I have a special prediction that paper money will disappear and be replaced with digital money. many financial experts who suggested to immediately replace the paper money, which is still often the case is fake money and by the existence of digital money can control the State of course full of money in circulation.

In addition, suspicious transactions and money laundering will be easily corrected if using digital money.
jossiel
Hero Member
*****
Offline Offline

Activity: 630



View Profile
January 16, 2017, 02:59:39 PM
 #2591

should I say that both are not safe for the possibility of any crimes can be committed regardless on how you are tight in securing yourself with it.

Let's just use both for whatever good purpose that we can. Because it depends on the individual users on they are convenient with it.

And I'm convenient on using them both and I can adopt whether the future of paper money will be obsolete or will remain.
Using bitcoin might seem safer because you are hidden from any control by banks or governments and it is a good thing because hackers can’t get to you and steal your bank account but it is also a bad thing.

Using bitcoin made the life of drug dealers and hackers a much easier way to sell their illegal services on the internet without being tracked down, but as you said it depends on how the user uses either bitcoin or paper money. 

Just like what I had said, that both are not safe whether it is paper money or bitcoin because it can be both used with filthy crimes.

But I do understand that paper money will remain as it is the one that is being supported by the government and they total control for it.

Unlike with bitcoin, they don't have.



                                         ▄
                 ▄▄████████▄▄         ▄▄██
 ▄▄           ▄██▀▀        ▀▀██▄    ▄███▀
 ▀███▄▄     ▄█▀                ▀█▄▄█████▀
  ▀██████▄▄█▀                ▄▄███████▀
   ▐█████████▄           ▄▄███████████
     ▀█████████▄▄      ▄█████████████
       ▀██████████    ███████████████
        ▐▀█████████  █████████████▀ ▐▌
        ▐▌ ▀▀██████ ▐███████████▀   ▐▌
        ▐▌      ▀██ ▐█████████▀     ▐▌
         █        ▀  ██████         █
         ▐█          ▐█████▄       █▌
          ▀█▄         ▀██████▄   ▄█▀
            ▀█▄         ▀█████▌▄█▀
              ▀██▄▄       ▀▄▄██▀
                ▀▀████████▀▀
T
....ANGEL TOKEN....


                                         ▄
                 ▄▄████████▄▄         ▄▄██
 ▄▄           ▄██▀▀        ▀▀██▄    ▄█▀█▀ 
 ▀█▀█▄▄     ▄█▀                ▀█▄▄█  ▄█▀ 
  ▀█  ▀▀█▄▄█▀                ▄▄██░   █▀   
   ▐▄▄  ░░░▀█▄           ▄▄█▀▀░░░   ▄█     
     ▀█▄ ░░░▒▒█▄▄      ▄██▒▒▒▒▒░    █     
       ▀▄▄ ░░▒▒▒▓█    ██▒▒▒▒▒▒░   ▄▄█     
        ▐▀█▄░░▒▒▓██  █▓▒▒▒▒▒▒░  ▄█▀ ▐▌     
        ▐▌ ▀▀█▒▓███░▐█▓▒▒▒▒░░ ▄█▀   ▐▌     
        ▐▌      ▀██ ▐█▓▓▒▒▄▄▄█▀     ▐▌     
         █        ▀  █▓█▀▀█         █     
         ▐█          ▐▄▓░ █▄       █▌     
          ▀█▄         ▀█▒░ ▀█▄   ▄█▀       
            ▀█▄         ▀█▄▄▄█▌▄█▀         
              ▀██▄▄       ▀▄▄██▀           
                 ▀▀████████▀▀             

JC btc
Sr. Member
****
Offline Offline

Activity: 392


View Profile
January 16, 2017, 03:17:02 PM
 #2592

should I say that both are not safe for the possibility of any crimes can be committed regardless on how you are tight in securing yourself with it.

Let's just use both for whatever good purpose that we can. Because it depends on the individual users on they are convenient with it.

And I'm convenient on using them both and I can adopt whether the future of paper money will be obsolete or will remain.
Using bitcoin might seem safer because you are hidden from any control by banks or governments and it is a good thing because hackers can’t get to you and steal your bank account but it is also a bad thing.

Using bitcoin made the life of drug dealers and hackers a much easier way to sell their illegal services on the internet without being tracked down, but as you said it depends on how the user uses either bitcoin or paper money. 

Just like what I had said, that both are not safe whether it is paper money or bitcoin because it can be both used with filthy crimes.

But I do understand that paper money will remain as it is the one that is being supported by the government and they total control for it.

Unlike with bitcoin, they don't have.
That is true and that would be the reason why government wont eliminate paper money but can accept bitcoin as a legal digital currency.
Really, both can use in crime but the control of the government is really the main issue here. Nowadays, here in my country they are already studying the possible ways in which they can control bitcoin.
Pattart
Hero Member
*****
Offline Offline

Activity: 714



View Profile
January 16, 2017, 03:26:57 PM
 #2593

Paper money will long exist. This is not just a means to pay for goods or services. It is a habit and an indicator of prestige
I think true of paper money not only to pay for an item, although in the future will all be completely online or digital, but the currency symbol will definitely be in the form of paper money

Theb
Sr. Member
****
Online Online

Activity: 392


VIABET.IO PRE-ICO | NOV 14


View Profile
January 16, 2017, 03:44:30 PM
 #2594

I think paper money have its own importance and will never dead. Though people are started using debit cards, credit cards and other digital currencies; there are some transaction which needs to be deal in traditional cash only. Paper money will be always the main mode of payment for day to day transactions.
Debit cards are good as cash because they are using your money you deposited in the bank. Credit Card bills are being paid up by Cash. Bitcoin's value is based on Fiat currency. All of them will be nothing if paper currency or Fiat will be gone.  They are just improving the uses of Fiat but they don't have the ability to replace them.

      ▄▄████████▄▄
   ▄███▀▀      ▀▀███▄
  ██▀              ▀██
 ██                   █
█     ██  ██     ███ 
 █   ██   ██    ██ ██
  ██ ██    ██   ██  
█  ██     ██  ██     █    
 █                   ██
  ██▄              ▄██
   ▀███▄▄      ▄▄███▀
      ▀▀████████▀▀
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
WORLD’S FIRST CLOUD BETTING PLATFORM
♦    Whitepaper  Bounty  Telegram  Twitter  Facebook   
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
      ▄▄████████▄▄
   ▄███▀▀      ▀▀███▄
  ██▀              ▀██
 █████      ██
██       ██           ██
██       ██▄       ██
██       ██▀▀       ██
██       ██           ██
 ██      ██
  ██▄              ▄██
   ▀███▄▄      ▄▄███▀
      ▀▀████████▀▀
olubams
Hero Member
*****
Offline Offline

Activity: 518



View Profile
January 16, 2017, 03:51:32 PM
 #2595

From where I stand, I am sure that the future of paper money is still as strong as we have now and if it will be threatened it will only lose some portion to e-money but still Fiat and not in any way threatened by digital currency at least not bitcoin but if my country will now have its known digital currency then I see a shift because all forms of support will be given to force it down all citizens throat and in the long-run I see it taking over from paper currency but I didnt see that happening anytime soon...



         ▄▄██████████▄▄
      ▄█████████████████                                ▄▄▄▄     ▄▄▄▄     ▄▄▄▄
    ▄███████▀▀   ▀▀██████                              ██████   ██████   ██████
   ▄██████▀        ██████                              ▀████▀   ▀████▀   ▀████▀
  ▐██████          ▀▀▀▀▀▀
  ██████
 ▐██████
 ██████      ███████████▌    ████████▄▄       ▄███▌     ▄██████████ ███████████▌
▐██████      ███████████    ▐███   ▀███▌     ▄████▌     ███▌           ▐███
██████▌          ██████▌    ███▌    ███▌    ███▀███     ███            ███▌
██████▌          ██████    ▐███▄▄▄▄███▀    ███  ███    ▐█████████      ███
███████         ███████    ████▀▀▀███▄    ███   ███▌   ███▀▀▀▀▀▀      ▐███
 ▀███████▄▄▄▄▄████████    ▐███     ███  ▄██████████▌  ▐███            ███▌
  ▀████████████████▀      ███▌    ▐███ ▄███     ▐███  ███▌           ▐███
     ▀▀███████▀▀▀         ▀▀▀     ▀▀▀▀ ▀▀▀       ▀▀▀  ▀▀▀            ▀▀▀▀

║▮
║▮
║▮

▮║
▮║
▮║



                 ▄████▄▄    ▄
██             ████████████▀
████▄         █████████████▀
▀████████▄▄   █████████████
▄▄█████████████████████████
██████████████████████████
  ▀██████████████████████
   █████████████████████
    ▀█████████████████▀
      ▄█████████████▀
▄▄███████████████▀
   ▀▀▀▀▀▀▀▀▀▀▀



       ▄▄▄▄▄▄
    ▄████████
    █████▀▀▀▀
   ▐████
   ▐████
████████████
████████████
   ▐████
   ▐████
   ▐████
   ▐████
   ▐████




                      ▄▄████
                ▄▄▄████████▌
          ▄▄▄███████▀▄█████
     ▄▄█████████▀▀ ▄██████▌
▄▄███████████▀  ▄█████████
 ▀▀▀█████▀    ▄██████████▌
       ██   █████████████
        █▄ █████████████▌
        ▐█▄███▀▀████████
         ███▀    ▀▀████▌
                    ▀▀█


                   ▄▄▄    ▄▄██▄▄
                   ██▀▀██████████
                  ██     ████████
                 ▐█▀      ▀████▀
   ▄▄▄▄    ▄▄██████████▄▄    ▄▄▄▄
 ▄████████████████████████████████▄
▐██████████████████████████████████▌
▐██████████   ▀██████▀   ███████████
 █████████▌    ██████    ██████████
  ▀██████████████████████████████▀
   ▀████████▀▀████████▀▀████████▀
     ▀███████▄        ▄████████▀
       ▀████████████████████▀
          ▀▀▀▀█████████▀▀▀▀
jaysabi
Legendary
*
Offline Offline

Activity: 1218


★Nitrogensports.eu★


View Profile
January 16, 2017, 04:31:08 PM
 #2596

Governments also prefer digital money over paper, because it's very easy to track transactions. Cash is the main form of money for black market right now, and it's also used for tax evasions and other illegal activities. So, I think people will be reaching towards crypto currencies as governments push people away frosh cash.
using digital money, the government can control the velocity of money and where the money someone will go. yeah I think the government will just love it but is it that could make paper money disappear?
The government cannot control the velocity of money, that is something controlled by the users of fiat, all  of us, they can try but history has showed us they always fail, besides when the government tries to control the velocity of money is because something way worst is happening like big inflation.

The central bank does indeed control the pace of money creation through the use of interest rates. The central bank prints physical notes, but more money is created through fractional reserve banking, which is mostly digital. By raising the interest rates banks pay to the federal reserve, they can control the rate at which the banks are able to create new money through fractional reserve banking. By lowering the rates, the opposite happens

You seem to be confusing something here

Obviously, you refer to reserve requirements which are the amounts that commercial banks are obliged to hold at the Fed (if we are talking about the US). The interest rates (federal funds rates) you refer to are the rates at which banks offer their excess reserve balances as short term (typically overnight) loans to other banks which fall short for money, for example, due to cash gaps. Moreover, in some countries (e.g. in Canada) banks don't have to keep any reserves at the central bank, i.e. their reserve requirements are equal to 0

No, I'm talking about the discount rate, which is used to restrict or increase the money supply by increasing or decreasing the rate at which banks must pay to borrow funds from the fed. The reserve ratio is not frequently changed, but the fed routinely changes the discount rate to impact the availability of money. Short term interest rates tend to track the movements in the discount rate, which is not a market rate; it is determined solely by the federal reserve.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄          
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █              
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER  
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
jaysabi
Legendary
*
Offline Offline

Activity: 1218


★Nitrogensports.eu★


View Profile
January 16, 2017, 04:36:11 PM
 #2597

Governments also prefer digital money over paper, because it's very easy to track transactions. Cash is the main form of money for black market right now, and it's also used for tax evasions and other illegal activities. So, I think people will be reaching towards crypto currencies as governments push people away frosh cash.
using digital money, the government can control the velocity of money and where the money someone will go. yeah I think the government will just love it but is it that could make paper money disappear?
The government cannot control the velocity of money, that is something controlled by the users of fiat, all  of us, they can try but history has showed us they always fail, besides when the government tries to control the velocity of money is because something way worst is happening like big inflation.

The central bank does indeed control the pace of money creation through the use of interest rates. The central bank prints physical notes, but more money is created through fractional reserve banking, which is mostly digital. By raising the interest rates banks pay to the federal reserve, they can control the rate at which the banks are able to create new money through fractional reserve banking. By lowering the rates, the opposite happens.
That is a mistake, that is not money velocity, that is money supply a different term, money velocity refers to how fast money changes hands, and that is not controlled by the government, when the velocity of money is very fast it means that no one wants to hold fiat for long periods of time and if that is happening then inflation must be out of control.

Ah, I misinterpreted your meaning then. However, I would still say that people's willingness or unwillingness to hold money (money velocity) is still linked to the Fed's decisions on interest rates and the pace of money creation. If the Fed is inflating away all the value, that will increase money velocity. Creating long term stability in the value of fiat will lead to slower money velocity and aid saving, since value is not eroded with time.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄          
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █              
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER  
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
delliaerd
Hero Member
*****
Offline Offline

Activity: 658



View Profile
January 17, 2017, 02:29:08 AM
 #2598

From where I stand, I am sure that the future of paper money is still as strong as we have now and if it will be threatened it will only lose some portion to e-money but still Fiat and not in any way threatened by digital currency at least not bitcoin but if my country will now have its known digital currency then I see a shift because all forms of support will be given to force it down all citizens throat and in the long-run I see it taking over from paper currency but I didnt see that happening anytime soon...
Replacing fiat by another currency is not an easy thing. The condition of fiat is directly affect the country enonomy. Fiat power is depend on the country power. Most of countries were use USD as international currency because they think that USA is strong country for a long time. But saving fiat is have a risk too, the inflation makes tha value decrease. I think those countries will replace fiat in the future, then replaced by something better such as gold or bitcoin.

gabmen
Hero Member
*****
Online Online

Activity: 616

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
January 17, 2017, 07:52:33 AM
 #2599

From where I stand, I am sure that the future of paper money is still as strong as we have now and if it will be threatened it will only lose some portion to e-money but still Fiat and not in any way threatened by digital currency at least not bitcoin but if my country will now have its known digital currency then I see a shift because all forms of support will be given to force it down all citizens throat and in the long-run I see it taking over from paper currency but I didnt see that happening anytime soon...
Replacing fiat by another currency is not an easy thing. The condition of fiat is directly affect the country enonomy. Fiat power is depend on the country power. Most of countries were use USD as international currency because they think that USA is strong country for a long time. But saving fiat is have a risk too, the inflation makes tha value decrease. I think those countries will replace fiat in the future, then replaced by something better such as gold or bitcoin.

That may happen but not in the near future. Currently fiat is only currency backed by big banking inatitutions which mainly controls this field of finance and economics. I think that unless these big banks adopt the use of other currencies, we won't be seeing any major changes when it comes to monetary systems around the world

zikel
Full Member
***
Offline Offline

Activity: 207



View Profile
January 17, 2017, 01:15:21 PM
 #2600

From where I stand, I am sure that the future of paper money is still as strong as we have now and if it will be threatened it will only lose some portion to e-money but still Fiat and not in any way threatened by digital currency at least not bitcoin but if my country will now have its known digital currency then I see a shift because all forms of support will be given to force it down all citizens throat and in the long-run I see it taking over from paper currency but I didnt see that happening anytime soon...
Replacing fiat by another currency is not an easy thing. The condition of fiat is directly affect the country enonomy. Fiat power is depend on the country power. Most of countries were use USD as international currency because they think that USA is strong country for a long time. But saving fiat is have a risk too, the inflation makes tha value decrease. I think those countries will replace fiat in the future, then replaced by something better such as gold or bitcoin.

That may happen but not in the near future. Currently fiat is only currency backed by big banking inatitutions which mainly controls this field of finance and economics. I think that unless these big banks adopt the use of other currencies, we won't be seeing any major changes when it comes to monetary systems around the world

I also agree with you. Large firms have the power over the government. And the government will protect their interests. A cryptocurrency do not like the government. That is why the Fiat will be used for a long time
Pages: « 1 ... 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 [130] 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 ... 238 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!