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Author Topic: The future of the paper money  (Read 403657 times)
iamthesky
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March 09, 2016, 01:30:50 PM
 #341

In future bitcoin might also get a paper money form. Bitcoin usage will get increased when it gets the paper form.

Lets just hope that the government will allow that,if the government wont gain tax from what is sold in their country they might push a law about that.

That would be hard. Government is against bitcoin due its bad past. Illegal transactions that have been done and as you said there is no tax. They wont get anything so why accept it.

Yeah and I don't think that government will support bitcoin in future, they will always support fiat as they have total control over it, and they know that they cannot have control  on bitcoin as it is decentralized currency.

Yes, and I think paper money will always survive, I don't see any threat to paper money from bitcoins, as people who are not used to digital world will always continue to use paper money.
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March 09, 2016, 01:41:06 PM
 #342

I cannot rule out the possibility of paper money to dissappear but it will take more than a century. Most digital currencies including Bitcoin are still in their infant stages and therefore cannot make paper money to dissappear so quickly. The use of paper money is so important in that even those people currently adopting digital currency have a few nots in their wallets.
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March 09, 2016, 01:50:52 PM
 #343

I cannot rule out the possibility of paper money to dissappear but it will take more than a century. Most digital currencies including Bitcoin are still in their infant stages and therefore cannot make paper money to dissappear so quickly. The use of paper money is so important in that even those people currently adopting digital currency have a few nots in their wallets.
true, the use of paper money is now so important in the community, in addition to the paper money had also been there a long time, so I guess paper money remains the number one in public money


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n0ne
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March 09, 2016, 01:56:48 PM
 #344

I cannot rule out the possibility of paper money to dissappear but it will take more than a century. Most digital currencies including Bitcoin are still in their infant stages and therefore cannot make paper money to dissappear so quickly. The use of paper money is so important in that even those people currently adopting digital currency have a few nots in their wallets.
true, the use of paper money is now so important in the community, in addition to the paper money had also been there a long time, so I guess paper money remains the number one in public money

Paper money is much important and won't disappear however the digitalization takes place. Everywhere there will be some people who don't have interest over the digitalization. In future Bitcoin might be used in the physical form as we use dollars.



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March 09, 2016, 02:31:03 PM
 #345

I cannot rule out the possibility of paper money to dissappear but it will take more than a century. Most digital currencies including Bitcoin are still in their infant stages and therefore cannot make paper money to dissappear so quickly. The use of paper money is so important in that even those people currently adopting digital currency have a few nots in their wallets.
true, the use of paper money is now so important in the community, in addition to the paper money had also been there a long time, so I guess paper money remains the number one in public money

Paper money is much important and won't disappear however the digitalization takes place. Everywhere there will be some people who don't have interest over the digitalization. In future Bitcoin might be used in the physical form as we use dollars.

Paper money is important today but in the years to come like 1000 years i think there wont be any paper money moving around the market but only digital money.
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March 09, 2016, 02:31:21 PM
 #346

I cannot rule out the possibility of paper money to dissappear but it will take more than a century. Most digital currencies including Bitcoin are still in their infant stages and therefore cannot make paper money to dissappear so quickly. The use of paper money is so important in that even those people currently adopting digital currency have a few nots in their wallets.

True. Adapting for now is the key word. They need to know it too. That there are other ways to send money, to use it and to buy some online. If a lot of people will know there is something like this happening, then that might be the key through changing a lot of thing thru this currency.
DeDordtenaar
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March 09, 2016, 02:31:50 PM
 #347

In future bitcoin might also get a paper money form. Bitcoin usage will get increased when it gets the paper form.
nope. I think bitcoin will not run backwards many people who believe that digital era will come. I will not use paper money anymore. so better bitcoin develop newer his technologies


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March 09, 2016, 02:51:32 PM
 #348

I think the paper money will disappear for good because of the fact everything is gonna be digital in the future.
Also the bitcoin has already a step made because its fully digital and a good market, its the future of all currency's.


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March 09, 2016, 03:00:48 PM
 #349

I cannot rule out the possibility of paper money to dissappear but it will take more than a century. Most digital currencies including Bitcoin are still in their infant stages and therefore cannot make paper money to dissappear so quickly. The use of paper money is so important in that even those people currently adopting digital currency have a few nots in their wallets.
true, the use of paper money is now so important in the community, in addition to the paper money had also been there a long time, so I guess paper money remains the number one in public money

Paper money is much important and won't disappear however the digitalization takes place. Everywhere there will be some people who don't have interest over the digitalization. In future Bitcoin might be used in the physical form as we use dollars.

Paper money is important today but in the years to come like 1000 years i think there wont be any paper money moving around the market but only digital money.

Paper money will of course exist in the future and that is pretty normal and also good. Many people will use Bitcoin of course.
In the future it will reduce of course. Its hard to say for what is going to happen in the future.

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March 09, 2016, 03:07:12 PM
 #350

The future of paper money is not so good but for the bitcoin it is good, paper money will be destroyed in the future, because everything is gonna be digital by some day.
I think its just a matter of time before it will disappear forever.
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March 09, 2016, 03:15:55 PM
 #351

The future of paper money is not so good but for the bitcoin it is good, paper money will be destroyed in the future, because everything is gonna be digital by some day.
I think its just a matter of time before it will disappear forever.

It will never disappear dude, just think of the poor people who are not aware about the digital world, can you expect that they will use bitcoins and not paper money? They will use what is easy for them.
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March 09, 2016, 03:45:22 PM
 #352

I cannot rule out the possibility of paper money to dissappear but it will take more than a century. Most digital currencies including Bitcoin are still in their infant stages and therefore cannot make paper money to dissappear so quickly. The use of paper money is so important in that even those people currently adopting digital currency have a few nots in their wallets.
true, the use of paper money is now so important in the community, in addition to the paper money had also been there a long time, so I guess paper money remains the number one in public money

Paper money is much important and won't disappear however the digitalization takes place. Everywhere there will be some people who don't have interest over the digitalization. In future Bitcoin might be used in the physical form as we use dollars.

Paper money is important today but in the years to come like 1000 years i think there wont be any paper money moving around the market but only digital money.

Paper money will always exist. It is really important for the most money so that is not possible.
Of course the Bitcoin will be more used in the future. But it cant disappear the paper money. That will not happen.
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March 09, 2016, 05:52:15 PM
 #353

Maybe the paper money will change the material that it is made of, at first there were only metal coins, maybe in the future it will be made of plastic but it will never disappear as something "real" and  touchable ".

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March 09, 2016, 05:54:28 PM
 #354

Maybe the paper money will change the material that it is made of, at first there were only metal coins, maybe in the future it will be made of plastic but it will never disappear as something "real" and  touchable ".

Yeah, the paper money will always be in existence, especially in third world countries, they would prefer to use paper money, as its easy to spend and convenient to use.
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March 11, 2016, 08:31:31 AM
 #355

Maybe the paper money will change the material that it is made of, at first there were only metal coins, maybe in the future it will be made of plastic but it will never disappear as something "real" and  touchable ".

Yeah we need to touch it to feel how real is it. That is my opinion on how people think. The worldly things needed to be felt. Plastic could be a good one. If all metals will be depleted. I think that got still more value than plastic but it would really be heavy. The components of a money will still be researched on how will it be to see its real value.

LarryHocks
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March 11, 2016, 08:55:46 AM
 #356

The future of the paper money, simply it will disappear for good in my opinion due to the thing everything is gonna be digital.
Its just a matter of time, the bitcoin is already has a step ahead if you compare it with other currency's.
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March 11, 2016, 09:17:32 AM
 #357

Maybe the paper money will change the material that it is made of, at first there were only metal coins, maybe in the future it will be made of plastic but it will never disappear as something "real" and  touchable ".

Yeah, the paper money will always be in existence, especially in third world countries, they would prefer to use paper money, as its easy to spend and convenient to use.

why it is for Third world country even all countrys in this world require the paper money, what ever technology come their will be fiat real touchable currency   in all country. But the meaning will change like its uses will become very rare.
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March 11, 2016, 09:17:57 AM
 #358

Paper money will of course exist in the future. Many people need it and that is very important for them especially the older people.
But of course it will reduce. But it wont disappear. That is namely very impossible and Bitcoin will be more used in the future.
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March 11, 2016, 03:01:24 PM
 #359

Paper money will of course exist in the future. Many people need it and that is very important for them especially the older people.
But of course it will reduce. But it wont disappear. That is namely very impossible and Bitcoin will be more used in the future.
you're right, everyone needs paper money even now, probably bitcoin will never defeat the paper money, because the most important thing now is for the people of dollars in paper form



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DeDordtenaar
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March 11, 2016, 03:09:06 PM
 #360

Paper money will of course exist in the future. Many people need it and that is very important for them especially the older people.
But of course it will reduce. But it wont disappear. That is namely very impossible and Bitcoin will be more used in the future.
nope, I think the paper money will begin to disappear with old man who began to disappear as well. we can not ignore this. we have to admit that fewer people use paper money


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