The future of the paper money

[Eclipse26]

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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[Rufsilf]

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.

[zeze18]

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

[Black Angel]

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.

[BigBos]

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.

[rhamzter]

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.

[millgates]

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.

[_Legendary_]

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.

[Ziskinberg]

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.

[clarkgeneral86]

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.

[Vaskiy]

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.

[pitiflin]

I don't think that bitcoin will replace paper currency in the near future and the situations that will rise even if it does will be terrible.
Bitcoin has many issues that it has to solve and if bitcoin replaces paper currency and paper currency gets banned in a few years,I guess then the whole world economy will fail if not dealt properly.

[nmaryrai]

Paper money will still exist, although maybe the value of transactions that happened not as much as a few years ago, the more progressive world where people continue to innovate to create things faster, practical and mobile. Bitcoin is another option as a means of payment. Paper money, credit cards and bitcoins are what i have today for my use in transactions.

[Wintorez]

Paper money will still exist, although maybe the value of transactions that happened not as much as a few years ago, the more progressive world where people continue to innovate to create things faster, practical and mobile. Bitcoin is another option as a means of payment. Paper money, credit cards and bitcoins are what i have today for my use in transactions.

The fact is that the very meaning of paper money can soon be a thing of the past, But with it humanity will not stop using Fiat and all because in this I will be helped by credit cards and other cards of banking institutions.

[Mr]

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.

No. Paper money will still exist along with cryptocurrency because people still need paper money to use for many small purposes in the real life. And we still need someone to control the money so that they can authorized the transaction and avoid scammers

[sobsitesearch]

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.

No. Paper money will still exist along with cryptocurrency because people still need paper money to use for many small purposes in the real life. And we still need someone to control the money so that they can authorized the transaction and avoid scammers

Agree with you mate that paper money will not be replaced by digital currency because not all people can access this crypto currency and we can not used this like a fiat that anywhere and anytime we can buy anything we want.

[s@t0sh!]

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.

No. Paper money will still exist along with cryptocurrency because people still need paper money to use for many small purposes in the real life. And we still need someone to control the money so that they can authorized the transaction and avoid scammers

I second this. Also, when I think about if paper money can be removed completely, many issues come up, like how do you leave a tip, or in many places, paper money is given as a gift, or as a feeling of gratitude. So, may be it will be possible to limit the amount of paper money to very less, and leave large transactions to digital.

The biggest problems with paper money is it's untraceable and unaccountable. So, once it's printed, you have no way to know where it went, leading to a black economy and corruption. So, if it's circulation is discouraged, and some incentives given for digital transactions, then it could be possible to limit the amount of paper money.

[gabmen]

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.

No. Paper money will still exist along with cryptocurrency because people still need paper money to use for many small purposes in the real life. And we still need someone to control the money so that they can authorized the transaction and avoid scammers

Agree with you mate that paper money will not be replaced by digital currency because not all people can access this crypto currency and we can not used this like a fiat that anywhere and anytime we can buy anything we want.

Yeah and considering that we are currently in a time when there is always a threat of war and terror, it's hard to imagine digital currencies thriving under such circumstances by itself. We will always look to paper money for basic transactions

[s@t0sh!]

A must read for everyone into the blockchain space: http://startupmanagement.org/2015/02/07/the-bitcoin-startup-ecosystem-is-frail-beware-of-the-next-crash/

[mharz]

The future of paper money was still continue, because even digital currency were famous I think paper money was not delete in the people due to most of them were use it daily as exchange of any item that they want to have