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Author Topic: The future of the paper money  (Read 414607 times)
yosakahina
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May 30, 2017, 03:06:44 AM
 #3621

Most likely that is the other thing that could happen, however I truly do feel that the utilization of paper cash, in actuality, won't diminish a considerable measure and it will be utilized for a long time, however I am suspecting that there will be a choices each time we purchased something like on the off chance that we need to pay it in trade or out card.. Be that as it may, as I've stated, if the generation of paper cash can't be ceased, I think the administration will concoct an option
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May 30, 2017, 03:11:15 AM
 #3622

The future of paper money is safe and its not going anywhere as it has a support from the Government and no Government will allow bitcoin to take over their national currency and may be in future we may see many countries banning bitcoins and if that happens then bitcoin will become worthless.

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botikol
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May 30, 2017, 06:30:27 AM
 #3623

Paper money won't stop to exist essentially on the grounds that administration won't enable it to happen. As basic as that. We can keep on using bitcoin however I don't think we will have enough impact to abrogate the legislature supported paper cash. They will proceed to print and we will keep on using it regardless of the possibility that we have bitcoin to depend on. Bitcoin will simply be an option, a superior option
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May 30, 2017, 10:18:54 AM
 #3624

Paper money won't stop to exist essentially on the grounds that administration won't enable it to happen. As basic as that. We can keep on using bitcoin however I don't think we will have enough impact to abrogate the legislature supported paper cash. They will proceed to print and we will keep on using it regardless of the possibility that we have bitcoin to depend on. Bitcoin will simply be an option, a superior option

that is what most likely will happen in the future. and I don't think there really is a need to abolish paper money and replace it with a different type of currency since there really are no reason to do so. we've been living with paper money ever since and it's been beneficial to us. the dawn of btc only gave is a better option for future transactions

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May 30, 2017, 12:52:29 PM
 #3625

Paper money have no future. Their volume in the economy is steadily declining. Unless of course you don't live in Venezuela, where inflation reached 1000 percent. The governments of developed countries very soon will move to electronic money, but they will stay away from bitcoin. They will never refuse the opportunity to control the amount of money in circulation.
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May 30, 2017, 01:25:27 PM
 #3626

Nobody will know what the future will be of the paper money and as you can see now you see of course that Bitcoin is getting more used and it becomes also more popular.
But there are still a lot of people that dont even know how Bitcoin works and that is why paper money cant disappear.
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May 30, 2017, 02:10:35 PM
 #3627

Nobody will know what the future will be of the paper money and as you can see now you see of course that Bitcoin is getting more used and it becomes also more popular.
But there are still a lot of people that dont even know how Bitcoin works and that is why paper money cant disappear.


Paper money will always be in need since it can be use instantly while btc will really be acquire by many soon for it can be beneficial to do business or invest in btc.

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June 02, 2017, 01:32:36 PM
 #3628

I like paper money. I like to feel the buying power in my hands :p Bitcoin makes me feel like a robot. I am not saying paper money is better tho.
Not at all times we depend our life in one things, in every day, every minute there are new things that be discovered.

I think for you it is much better to use the fiat than bitcoin because you have no more idea about bitcoin. If you study every data of bitcoin, the benefits, you will encourage to use this.
I don't want to said that in future it will replace the paper money thus I want you to know the uses of bitcoin in our society.

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conected
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June 02, 2017, 02:30:41 PM
 #3629

Nobody will know what the future will be of the paper money and as you can see now you see of course that Bitcoin is getting more used and it becomes also more popular.
But there are still a lot of people that dont even know how Bitcoin works and that is why paper money cant disappear.


Paper money will always be in need since it can be use instantly while btc will really be acquire by many soon for it can be beneficial to do business or invest in btc.
- Yes, paper money is always something that is needed in our lives, it is convenient and acceptable anywhere. Maybe it's old or outdated but we've been using it for a long time and it's been a habit and wanting to give up a habit is a very difficult thing, just as we are addicted to gambling and want to give up but it is very difficult and sometimes impossible. Bitcoin may be more widely used and more popular but it can not replace paper money, it is very inconvenient to use and a lot of people do not know about it


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June 02, 2017, 02:44:29 PM
 #3630

Paper money will stay forever.
Why? Because its easier to make than coins.

Yes paper money will stay forever. It exist first than bitcoin. The price of paper money is fixed unlike bitcoin it change evert seconds and minutes. I didn't see anything that bitcoin will defeat the paper money even in future.

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June 02, 2017, 04:08:26 PM
 #3631

The future of paper money will be like the rest of its history it will stay in the world and people will still use it no matter what happen even they like it or not but there will be some changes for the future paper money like having a digital technologies that will compete to the possible competitors like cryptocurrencies.

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June 02, 2017, 04:45:43 PM
 #3632

Indeed although one day later digital currency (bitcoin) could become a global currency but according to its function on paper money will still survive and of course still be a legal currency and in use for various payment transactions either online or offline

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June 03, 2017, 01:06:11 AM
 #3633

I think the paper money in the future will replace, this is because the State will use digital money, fundamental things that must be resolved is the paper money of the crime-prone and could not be controlled.

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BigBos
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“Blockchain Just Entered The Real World”


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June 03, 2017, 02:19:28 AM
 #3634

Maybe, someday digital money will be the main, but I think paper money will never be eliminated, because paper money is a currency that is simple and easy to use. I think it's the perfect shape to use in the real world.

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June 03, 2017, 03:28:43 AM
 #3635

I think paper money were still exist in any country or nation  because paper money symbolize amount of currency of each country also, tons of year before it disappear. Also, most of the people were not sure to the digital currency. But I was hoping that all people were wake up and see the beauty of digital currency.

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June 03, 2017, 05:17:36 AM
 #3636

Maybe, someday digital money will be the main, but I think paper money will never be eliminated, because paper money is a currency that is simple and easy to use. I think it's the perfect shape to use in the real world.
There is some dissadvantage of paper money that will makes people think twice to keep using it. First, the endelss printing will make it worthless, second it is easily rip and burn, third exchange money is always needed so it is not so practicall to use.







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June 03, 2017, 05:29:28 AM
 #3637

Although the use of digital money and bitcoin is getting bigger, but the use of paper money will continues to exist and never disappear because the paper money is a symbol of the State, looks document and still use paper.

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Deal Coin - P2P Lending Eco-system


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June 03, 2017, 05:44:20 AM
 #3638

Although the use of digital money and bitcoin is getting bigger, but the use of paper money will continues to exist and never disappear because the paper money is a symbol of the State, looks document and still use paper.
This is absolutely correct, not even in my dreams where I believe paper money will be eliminated in this world because  a world that is fully digital is a very dangerous world to live. Manipulation will come and the risk is if you are too careless you money will be stolen easily, of course not the majority of the people can adopt with the digital world, we do not have a fair education.

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June 03, 2017, 05:58:26 AM
 #3639

The concept of crypto currency looks to have a future. The removal of intermediaries and humans in the exchange of trade and value could be fast and seamless but we are ready and the politicians will allow it.

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June 03, 2017, 06:05:32 AM
 #3640

The concept of crypto currency looks to have a future. The removal of intermediaries and humans in the exchange of trade and value could be fast and seamless but we are ready and the politicians will allow it.
As things all around is getting digitised, hope the future will be much dependent on the cryptocurrency network. Paper money won't get eliminated, some might give digital value to the paper money. Paper money serve to be the primary source for spending, after which the cards and bitcoin might get used. In future just the usage of paper money decreases.

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