Bitcoin Forum
November 22, 2017, 03:28:30 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 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] 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 ... 238 »
  Print  
Author Topic: The future of the paper money  (Read 404042 times)
wxa7115
Hero Member
*****
Offline Offline

Activity: 588


https://gexcrypto.io


View Profile
April 01, 2017, 09:32:57 PM
 #3181

I think the future of paper money is to fall in value, and it is not because of the physical form, but the way the currency is issued. With Bitcoin things are more efficient, since you do not have to depend on politicians.
I thought decentralization would be prohibited by the government so I would be quite doubtful if bitcoin will replace paper money certainly the government has prepared a substitute for paper money.
currently it look like difficult but i i think as soon as time pass bitcoin is becoming more and more popular and therefore we can hope that in future it may be possible to replace fiat by bitcoin.

We see 10 years again, if a bitcoin can survive then bitcoin will become a candidate world currencies that will be used in many countries. Although very popular, fiat money will continues to survive because of fiat money and paper money is a symbol of the State.
Maybe that you mean as an alternative currency? If true I agree with you, in the future bitcoin will be an alternative currency. But paper money will survive because like you say it is a symbol of the state, or more precisely the identity of a country.

If I see a previous comment that states in future value of paper money will fall it could be yes and no. But not in the way the currency is issued, but because there is a war that causes inflation or hyperinflation or maybe other conditions. But it was only for some time and then restored.
Paper money will survive simply because it is one of the easiest ways to reach the whole population especially those that do no have access to banking services but as time has come to pass most of the money of the world now is in electronic form.
It seems to me that paper money is beneficial to those who use illegal incomes. Cash is very difficult to control. As soon as politicians stop taking bribes, paper money will cease to exist.
Cash is useful for those that don’t have bank accounts or access to banks, also most of the bribes are not done in cash they are done within the banking system using accounts with fake names or companies where banking secrecy is still very strong and protects criminals.

             ███
     ▄▄▄▄▄   ▀▀▀
  ▄█████████▄
 ███▀     ▀███▄
███         ███
███         ███
 ███▄     ▄████
  ▀████████████
     ▀▀▀▀▀  ███
            ███
███▄       ▄███
 ▀███▄▄▄▄▄███▀
   ▀▀█████▀▀
gexcrypto
E X C R Y P T O

Global Trading Corp.
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
.YOUR COMPREHENSIVE CRYPTO TRADING PLATFORM.
|       WHITEPAPER       |       FACEBOOK       |       TWITTER       |       ANN THREAD       |
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
1511364510
Hero Member
*
Offline Offline

Posts: 1511364510

View Profile Personal Message (Offline)

Ignore
1511364510
Reply with quote  #2

1511364510
Report to moderator
1511364510
Hero Member
*
Offline Offline

Posts: 1511364510

View Profile Personal Message (Offline)

Ignore
1511364510
Reply with quote  #2

1511364510
Report to moderator
1511364510
Hero Member
*
Offline Offline

Posts: 1511364510

View Profile Personal Message (Offline)

Ignore
1511364510
Reply with quote  #2

1511364510
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511364510
Hero Member
*
Offline Offline

Posts: 1511364510

View Profile Personal Message (Offline)

Ignore
1511364510
Reply with quote  #2

1511364510
Report to moderator
magneto
Sr. Member
****
Offline Offline

Activity: 462


View Profile
April 04, 2017, 07:40:48 AM
 #3182

Andrew Haldane said one solution would be for the Bank of England to issue a state-backed digital currency based on bitcoin. Supporting this initiative would be a negative interest rate levied on paper currency relative to the digital currency, with these measures do you think there is more possibilities that sometime:

Paper money will be banned entirely?
How long do you think that happens?
would it work?
What security and privacy risks would it raise?
And how would public and privately issued monies interact?


Lol, there is no future for paper money.

Not only is it worthless, and fiat currency should always avoided at all costs by people around the world, it is also getting increasingly expensive for the government to run their fiat currency scam.

They could switch to centralised cryptocurrencies and save a ton on printing virtual money.

00hash01
Full Member
***
Offline Offline

Activity: 130



View Profile
April 04, 2017, 08:03:18 AM
 #3183

Andrew Haldane said one solution would be for the Bank of England to issue a state-backed digital currency based on bitcoin. Supporting this initiative would be a negative interest rate levied on paper currency relative to the digital currency, with these measures do you think there is more possibilities that sometime:

Paper money will be banned entirely?
How long do you think that happens?
would it work?
What security and privacy risks would it raise?
And how would public and privately issued monies interact?


Lol, there is no future for paper money.

Not only is it worthless, and fiat currency should always avoided at all costs by people around the world, it is also getting increasingly expensive for the government to run their fiat currency scam.

They could switch to centralised cryptocurrencies and save a ton on printing virtual money.

Paper money can not disappear. Because there can be a situation when the Internet or electricity is turned off all over the world and then virtual money will not help. There must always be an alternative.
djordjamayna
Full Member
***
Offline Offline

Activity: 168


View Profile
April 04, 2017, 10:42:20 AM
 #3184

I don't think paper money would be removed. You can pull 10k from your pocket but you can't pull the 10 bitcoins that's the thing

Do you want to get 20% interest on your investment for 7 days? >>>https://bitcointalk.org/index.php?topic=1824282.0
DoublerHunter
Hero Member
*****
Offline Offline

Activity: 630

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
April 04, 2017, 12:32:54 PM
 #3185

I don't think paper money would be removed. You can pull 10k from your pocket but you can't pull the 10 bitcoins that's the thing
Yes paper money will not be removed because that is the traditional kind of way we like in doing transactions either small or big but in terms of bitcoin it will be added as a secondary money for us because it is very easy to carry because no one will notice that you have million dollars in your hand by just looking at your phone Roll Eyes.

Rostadom
Hero Member
*****
Offline Offline

Activity: 700


✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪


View Profile
April 04, 2017, 03:59:32 PM
 #3186

I don't think paper money would be removed. You can pull 10k from your pocket but you can't pull the 10 bitcoins that's the thing

Bitcoin doesn't have a physical appearance but maybe that's a good thing. Someone who has 1 million dollars in paper money can go out and he will have to put it in a huge bag. You can't possibly put all those money in your pocket. While a bitcoin user only have his phone with the bitcoin wallet saved in it.

If he use his phone, no one's going to suspect that he's holding 1 million dollars worth of bitcoins. They would think that he's just there, using his phone, maybe contacting someone, whatever. But if someone has a bag full of money and he opens it, (depending on the place) he will get robbed almost instantly.

andrew24p
Sr. Member
****
Offline Offline

Activity: 392



View Profile
April 04, 2017, 09:28:17 PM
 #3187

paper money or cash will die, but I dont see it happening in the US for another 30 or so years. They will slowly pull it out of circulation and not just ban it all at once.

█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
█                                                                                                                         █
█                                                                                                                         █
█          ██     ██       ▄█▄        ██        ██     ▄██████▄    ██████████    ████████    ██████▄                      █
█          ██     ██       ███        ██        ██     ██     ██       ██        ██          ██    ██                     █
█          ██     ██      ██ ██       ███      ███     ██     ██       ██        ██          ██    ██                     █
█          ██     ██     ▄██ ██▄      ████    ████     ██              ██        ██          ██    ██                     █
█          █████████     ██   ██      ██ ██  ██ ██      ▀█████▄        ██        ███████     ██   ▄█▀                     █
█          ██     ██     ██   ██      ██  █▄▄█  ██            ██       ██        ██          █████                        █
█          ██     ██    ▄███████▄     ██  ████  ██     ██     ██       ██        ██          ██   ██                      █
█          ██     ██    ██     ██     ██   ██   ██     ██     ██       ██        ██          ██    ██                     █
█          ██     ██    ██     ██     ██   ██   ██     ▀██████▀        ██        ████████    ██     ██                    █
█▄▄▄▄▄▄▄▄
M   A   R   K   E   T   P   L  A   C   E  ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█

                     The first token offering total buyback
─────❯❯❯ICO Starts : 28th of November 2017❮❮❮─────

❖TWITTER
❖TELEGRAM
❖WHITEPAPER
❖FACEBOOK
❖ANN THREAD
SLACK
cryp24x
Sr. Member
****
Offline Offline

Activity: 420


“Best IoT Platform Based on Blockchain”


View Profile
April 04, 2017, 11:27:25 PM
 #3188

paper money or cash will die, but I dont see it happening in the US for another 30 or so years. They will slowly pull it out of circulation and not just ban it all at once.

Paper money will definitely become obsolete and replaced by digital currencies.  It is the fate of Paper money.  Somehow it needs to evolve into something more appropriate to its current technology.  And that evolution will be, becoming a digital currency where transfers and transaction is much easier and faster.


     
     ██
    ███
  █ ███
 ██ ███
 ██ ███
 ██ ███
 ██ ███
 ██ ███
 ██ ███
 █  ██
   



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


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


██
███
███
███ ██
███ ██
███ ██
███ ██
███ ██
███ ██
 ██ 
  █

██    Whitepaper    ██
.
██████████████████████████████████████████████████████████████████████████████████████████████
.
FacebookTwitterBitcointalk
mornabo
Hero Member
*****
Offline Offline

Activity: 616


APLYYsr1AWYQWAZpU35Sh9ZThKh2CngFx5


View Profile
April 04, 2017, 11:28:47 PM
 #3189

Paper money will survive simply because it is one of the easiest ways to reach the whole population especially those that do no have access to banking services but as time has come to pass most of the money of the world now is in electronic form.
I agree, people are used to reaching in into their pockets and grabbing couple of bucks to pay for thing, and that seems a lot of an easier idea for them than reaching for their phone and putting passwords and paying with bitcoin, I think that bitcoin is not meant to be for everyone to use it is purely for people who are shopping on the internet.
Yes bitcoin is not to consider as a full replacement for our paper money because, in fact, bitcoin is just an addition for people like us to get an easier option for paying our bills online or doing other payment thru the internet and not a hassle way like going into the physical places. We don't need replacement for the fiat because fiat is created for its unique purposes as well as bitcoin.
not necessarily when paper money began outdated and not used, then bitcoin will replace him? I do not think it will be that easy. especially bitcoin is still banned by the government



 █████  ██      ████████  ██████  ██████  ███    ███ ███    ███ ██    ██ ███    ██ ██ ████████ ██    ██      ██████  ██████  ██ ███    ██
██   ██ ██         ██    ██      ██    ██ ████  ████ ████  ████ ██    ██ ████   ██ ██    ██     ██  ██      ██      ██    ██ ██ ████   ██
███████ ██         ██    ██      ██    ██ ██ ████ ██ ██ ████ ██ ██    ██ ██ ██  ██ ██    ██      ████       ██      ██    ██ ██ ██ ██  ██
██   ██ ██         ██    ██      ██    ██ ██  ██  ██ ██  ██  ██ ██    ██ ██  ██ ██ ██    ██       ██        ██      ██    ██ ██ ██  ██ ██
██   ██ ███████    ██     ██████  ██████  ██      ██ ██      ██  ██████  ██   ████ ██    ██       ██         ██████  ██████  ██ ██   ████

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


██     ██ ███████     ██████  ███████  ██████ ██ ██████  ███████     ████████ ██   ██ ███████     ███████ ██    ██ ████████ ██    ██ ██████  ███████
██     ██ ██          ██   ██ ██      ██      ██ ██   ██ ██             ██    ██   ██ ██          ██      ██    ██    ██    ██    ██ ██   ██ ██     
██  █  ██ █████       ██   ██ █████   ██      ██ ██   ██ █████          ██    ███████ █████       █████   ██    ██    ██    ██    ██ ██████  █████   
██ ███ ██ ██          ██   ██ ██      ██      ██ ██   ██ ██             ██    ██   ██ ██          ██      ██    ██    ██    ██    ██ ██   ██ ██     
 ███ ███  ███████     ██████  ███████  ██████ ██ ██████  ███████        ██    ██   ██ ███████     ██       ██████     ██     ██████  ██   ██ ███████
 ANN  BOUNTY  SONOHUB  eSPORTS  WEBWALLET 
BeGoods
Hero Member
*****
Offline Offline

Activity: 938


AJExXv8b46EazAztM94ZoQ7fUcFwkCaTQE


View Profile
April 04, 2017, 11:43:52 PM
 #3190

I think the future of paper money is to fall in value, and it is not because of the physical form, but the way the currency is issued. With Bitcoin things are more efficient, since you do not have to depend on politicians.
yeah I also think that it would completely simple and efficient method of payment of paper money will be rarely used in the future. but it does not necessarily bitcoin will replace it lol

I can see that the future of paper money seems to fall too but it doesn't mean it will make the economy of a country fall too. It will only make a difference on what we use to see, government bodies will certainly make the same thing as crypto currency or should I say a digital money and it's going to happen in the future.
It's just changing times and it will not make the economy of a country falling. changing times becomes more advanced it is uncertain and can not be avoided paper money will be replaced by something new



 █████  ██      ████████  ██████  ██████  ███    ███ ███    ███ ██    ██ ███    ██ ██ ████████ ██    ██      ██████  ██████  ██ ███    ██
██   ██ ██         ██    ██      ██    ██ ████  ████ ████  ████ ██    ██ ████   ██ ██    ██     ██  ██      ██      ██    ██ ██ ████   ██
███████ ██         ██    ██      ██    ██ ██ ████ ██ ██ ████ ██ ██    ██ ██ ██  ██ ██    ██      ████       ██      ██    ██ ██ ██ ██  ██
██   ██ ██         ██    ██      ██    ██ ██  ██  ██ ██  ██  ██ ██    ██ ██  ██ ██ ██    ██       ██        ██      ██    ██ ██ ██  ██ ██
██   ██ ███████    ██     ██████  ██████  ██      ██ ██      ██  ██████  ██   ████ ██    ██       ██         ██████  ██████  ██ ██   ████

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


██     ██ ███████     ██████  ███████  ██████ ██ ██████  ███████     ████████ ██   ██ ███████     ███████ ██    ██ ████████ ██    ██ ██████  ███████
██     ██ ██          ██   ██ ██      ██      ██ ██   ██ ██             ██    ██   ██ ██          ██      ██    ██    ██    ██    ██ ██   ██ ██     
██  █  ██ █████       ██   ██ █████   ██      ██ ██   ██ █████          ██    ███████ █████       █████   ██    ██    ██    ██    ██ ██████  █████   
██ ███ ██ ██          ██   ██ ██      ██      ██ ██   ██ ██             ██    ██   ██ ██          ██      ██    ██    ██    ██    ██ ██   ██ ██     
 ███ ███  ███████     ██████  ███████  ██████ ██ ██████  ███████        ██    ██   ██ ███████     ██       ██████     ██     ██████  ██   ██ ███████
 ANN  BOUNTY  SONOHUB  eSPORTS  WEBWALLET 
batang_bitcoin
Hero Member
*****
Offline Offline

Activity: 630

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
April 05, 2017, 02:15:52 AM
 #3191

I think the future of paper money is to fall in value, and it is not because of the physical form, but the way the currency is issued. With Bitcoin things are more efficient, since you do not have to depend on politicians.
yeah I also think that it would completely simple and efficient method of payment of paper money will be rarely used in the future. but it does not necessarily bitcoin will replace it lol

I can see that the future of paper money seems to fall too but it doesn't mean it will make the economy of a country fall too. It will only make a difference on what we use to see, government bodies will certainly make the same thing as crypto currency or should I say a digital money and it's going to happen in the future.
It's just changing times and it will not make the economy of a country falling. changing times becomes more advanced it is uncertain and can not be avoided paper money will be replaced by something new


Yes, if you will read what I've said that there would be change with the paper money but there would be no mean of making the economy to fall. And it's what I've saying that paper money will be replaced by another means of payment and has monetary value. And that's a real speculation, we are near to become a cashless society.

bitkilo
Legendary
*
Offline Offline

Activity: 1162


-->forum.bitcoin.com<--


View Profile WWW
April 05, 2017, 02:40:09 AM
 #3192

I think the future of paper money is to fall in value, and it is not because of the physical form, but the way the currency is issued. With Bitcoin things are more efficient, since you do not have to depend on politicians.
yeah I also think that it would completely simple and efficient method of payment of paper money will be rarely used in the future. but it does not necessarily bitcoin will replace it lol

I can see that the future of paper money seems to fall too but it doesn't mean it will make the economy of a country fall too. It will only make a difference on what we use to see, government bodies will certainly make the same thing as crypto currency or should I say a digital money and it's going to happen in the future.
It's just changing times and it will not make the economy of a country falling. changing times becomes more advanced it is uncertain and can not be avoided paper money will be replaced by something new


Yes, if you will read what I've said that there would be change with the paper money but there would be no mean of making the economy to fall. And it's what I've saying that paper money will be replaced by another means of payment and has monetary value. And that's a real speculation, we are near to become a cashless society.
And unfortunately it looks like my home country is moving full steam ahead to introduce a cashless society:
http://mobile.abc.net.au/news/2017-03-27/is-australia-on-the-brink-of-becoming-cashless-society/8377288?pfmredir=sm
This is just another way for the government to stick their nose further into everybody's business.

Polisi Ndeso
Member
**
Offline Offline

Activity: 70


View Profile
April 05, 2017, 04:11:53 AM
 #3193

I'm sure the future of paper money will disappear, gradually be replaced by digital money and then cryptocurrency. currently many countries that try digital money like China, South Korea and Japan. If success will be followed in other countries.
batang_bitcoin
Hero Member
*****
Offline Offline

Activity: 630

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
April 05, 2017, 09:25:06 PM
 #3194

I think the future of paper money is to fall in value, and it is not because of the physical form, but the way the currency is issued. With Bitcoin things are more efficient, since you do not have to depend on politicians.
yeah I also think that it would completely simple and efficient method of payment of paper money will be rarely used in the future. but it does not necessarily bitcoin will replace it lol

I can see that the future of paper money seems to fall too but it doesn't mean it will make the economy of a country fall too. It will only make a difference on what we use to see, government bodies will certainly make the same thing as crypto currency or should I say a digital money and it's going to happen in the future.
It's just changing times and it will not make the economy of a country falling. changing times becomes more advanced it is uncertain and can not be avoided paper money will be replaced by something new


Yes, if you will read what I've said that there would be change with the paper money but there would be no mean of making the economy to fall. And it's what I've saying that paper money will be replaced by another means of payment and has monetary value. And that's a real speculation, we are near to become a cashless society.
And unfortunately it looks like my home country is moving full steam ahead to introduce a cashless society:
http://mobile.abc.net.au/news/2017-03-27/is-australia-on-the-brink-of-becoming-cashless-society/8377288?pfmredir=sm
This is just another way for the government to stick their nose further into everybody's business.

Well you should be ready for the change and you will actually have electronic economy / cashless society very soon. You feel unfortunate about it, well AU gov't want to nail out your taxes properly. I'm thinking that countries that are nearby Australia will do the same thing and they'll think it as a success with their technology.

Yanisumin
Hero Member
*****
Offline Offline

Activity: 532


★Nitrogensports.eu★


View Profile
April 06, 2017, 12:23:11 AM
 #3195

paper money or cash will die, but I dont see it happening in the US for another 30 or so years. They will slowly pull it out of circulation and not just ban it all at once.

Right. There are so many powerful people that can be affected if paper money will be remove. Mentioning businessman, bankers, central banks, banks owners and governments, this will be a bloody war if Bitcoin happened to replace fiat. Banning all of fiat might be possible but they will only make it possible  they can control cryptocurrencies too. They won't agree to a situation where they will lose, that's how the world works now.

It maybe a hundred more years before fiat can be replace. Yup, I believe in bitcoins potential to overthrow fiat but I just don't see it happening now. There's so many flaws, factors, and odds.


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




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

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
DoublerHunter
Hero Member
*****
Offline Offline

Activity: 630

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
April 06, 2017, 11:31:09 AM
 #3196

I think the future of paper money is to fall in value, and it is not because of the physical form, but the way the currency is issued. With Bitcoin things are more efficient, since you do not have to depend on politicians.
yeah I also think that it would completely simple and efficient method of payment of paper money will be rarely used in the future. but it does not necessarily bitcoin will replace it lol

I can see that the future of paper money seems to fall too but it doesn't mean it will make the economy of a country fall too. It will only make a difference on what we use to see, government bodies will certainly make the same thing as crypto currency or should I say a digital money and it's going to happen in the future.
It's just changing times and it will not make the economy of a country falling. changing times becomes more advanced it is uncertain and can not be avoided paper money will be replaced by something new


Yes, if you will read what I've said that there would be change with the paper money but there would be no mean of making the economy to fall. And it's what I've saying that paper money will be replaced by another means of payment and has monetary value. And that's a real speculation, we are near to become a cashless society.
And unfortunately it looks like my home country is moving full steam ahead to introduce a cashless society:
http://mobile.abc.net.au/news/2017-03-27/is-australia-on-the-brink-of-becoming-cashless-society/8377288?pfmredir=sm
This is just another way for the government to stick their nose further into everybody's business.

Well you should be ready for the change and you will actually have electronic economy / cashless society very soon. You feel unfortunate about it, well AU gov't want to nail out your taxes properly. I'm thinking that countries that are nearby Australia will do the same thing and they'll think it as a success with their technology.
We will not have a cashless society because government will not allow that to make bitcoin overcome the fiat that we are currently using in our certain area or country. Government will stop that and if possible they will ban bitcoin in their country and make bitcoin as a bad idea for payment system just what like other countries did in bitcoin.

ipungadhi
Sr. Member
****
Offline Offline

Activity: 309


View Profile
April 06, 2017, 12:08:09 PM
 #3197

I think the future of paper money is to fall in value, and it is not because of the physical form, but the way the currency is issued. With Bitcoin things are more efficient, since you do not have to depend on politicians.
yeah I also think that it would completely simple and efficient method of payment of paper money will be rarely used in the future. but it does not necessarily bitcoin will replace it lol

I can see that the future of paper money seems to fall too but it doesn't mean it will make the economy of a country fall too. It will only make a difference on what we use to see, government bodies will certainly make the same thing as crypto currency or should I say a digital money and it's going to happen in the future.
It's just changing times and it will not make the economy of a country falling. changing times becomes more advanced it is uncertain and can not be avoided paper money will be replaced by something new


Yes, if you will read what I've said that there would be change with the paper money but there would be no mean of making the economy to fall. And it's what I've saying that paper money will be replaced by another means of payment and has monetary value. And that's a real speculation, we are near to become a cashless society.
I think cashless society happens for a reason. The main course is because it is more simple right ? you only need 1 card to pay for everything. easily stored and used and to avoid the theft of money

gabmen
Hero Member
*****
Online Online

Activity: 616

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
April 06, 2017, 12:24:21 PM
 #3198

I think the future of paper money is to fall in value, and it is not because of the physical form, but the way the currency is issued. With Bitcoin things are more efficient, since you do not have to depend on politicians.
yeah I also think that it would completely simple and efficient method of payment of paper money will be rarely used in the future. but it does not necessarily bitcoin will replace it lol

I can see that the future of paper money seems to fall too but it doesn't mean it will make the economy of a country fall too. It will only make a difference on what we use to see, government bodies will certainly make the same thing as crypto currency or should I say a digital money and it's going to happen in the future.
It's just changing times and it will not make the economy of a country falling. changing times becomes more advanced it is uncertain and can not be avoided paper money will be replaced by something new


Yes, if you will read what I've said that there would be change with the paper money but there would be no mean of making the economy to fall. And it's what I've saying that paper money will be replaced by another means of payment and has monetary value. And that's a real speculation, we are near to become a cashless society.
I think cashless society happens for a reason. The main course is because it is more simple right ? you only need 1 card to pay for everything. easily stored and used and to avoid the theft of money

Well that would mean that most of the stores you're going to go into would have terminals for card based transactions. That's pretty expensive if you're just a small business. And theft won't be harder with card transactions as it may not be physical theft but online theft can easily be done as well. We may still be talking about decades here before we all become a cashless society

sportis
Sr. Member
****
Offline Offline

Activity: 294


Veni, Vidi, Vici


View Profile
April 06, 2017, 01:14:38 PM
 #3199


-- snip--

Yes, if you will read what I've said that there would be change with the paper money but there would be no mean of making the economy to fall. And it's what I've saying that paper money will be replaced by another means of payment and has monetary value. And that's a real speculation, we are near to become a cashless society.
And unfortunately it looks like my home country is moving full steam ahead to introduce a cashless society:
http://mobile.abc.net.au/news/2017-03-27/is-australia-on-the-brink-of-becoming-cashless-society/8377288?pfmredir=sm
This is just another way for the government to stick their nose further into everybody's business.


Unfortunately this is the reality all over the world. Governments are completely controlled from banks. Years ago they have understand that they (banks) can't control the paper (cash) money. Currently there are about one third of the global population without a bank account. So using the rapid development of internet they created mobile and web apps so as nobody to have any excuse that cannot spend his money if he has not fiat in his pocket. Blockchain technology gave them a new vehicle to develop their private ledgers and their e-coins too. Therefore, using various pretexts such as security, speed, ease to spending, money printing restrictions etc. will push people to use only digital wallets. Banks will fully control the wealth of each person and how he manages it.
NEWGOODOUBLE
Sr. Member
****
Offline Offline

Activity: 476


View Profile
April 06, 2017, 01:18:06 PM
 #3200

I'm sure the future of paper money will disappear, gradually be replaced by digital money and then cryptocurrency. currently many countries that try digital money like China, South Korea and Japan. If success will be followed in other countries.
The thing that must happen I think but paper money will be lost not directly but on a regular basis. little by little people in the world will be changed using digital money
Pages: « 1 ... 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] 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 ... 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!