The future of the paper money

[Pejoh Asu]

World and time change, the way the transaction also continues to shift, the money used thousands of years, but when the speed demands become a priority then the use of money, especially paper money continues to decline, I think the future of paper money will disappear.

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[JofryTheKing]

governments simply aren't interested in incorporating bitcoin. they can't deal with the fact that it is something they can't control. paper money will stay at least for another 10-20 years.

I think paper money never goes away.
Because every state body of the tax.
From the paper money they can audit someone how much money it earns.
If the paper money is lost then the world economy will be destroyed.

I don't believe that it is up to the paper money if the economy will be destroyed so if a country does not have full focus or attention in paper money then they can still live their lives without depending in paper money and we all know that there is already a lot of digital money like bitcoin that can be use to support the economy of a country.

Here whatever one may say, it's still the future of digital technologies, including digital money. Today, even devices interested to fully transfer their citizens to non-cash settlements and therefore digital trading and other financial transactions will take all the general turnover.

[Vikingr]

World and time change, the way the transaction also continues to shift, the money used thousands of years, but when the speed demands become a priority then the use of money, especially paper money continues to decline, I think the future of paper money will disappear.

Sometimes I also think like that as in the past gold was widely used as a currency and the paper money came and it provide more convenient to the people so it replaced gold now bitcoin is claiming more convenience so I think once again the currency will be replaced.

[Sanitough]

World and time change, the way the transaction also continues to shift, the money used thousands of years, but when the speed demands become a priority then the use of money, especially paper money continues to decline, I think the future of paper money will disappear.

Sometimes I also think like that as in the past gold was widely used as a currency and the paper money came and it provide more convenient to the people so it replaced gold now bitcoin is claiming more convenience so I think once again the currency will be replaced.

Bitcoin is a good investment but not a better asset to replace gold because gold is physical while bitcoin is not.
They will exist and I think it's profitable investing bitcoin than gold nowadays.

[romero121]

World and time change, the way the transaction also continues to shift, the money used thousands of years, but when the speed demands become a priority then the use of money, especially paper money continues to decline, I think the future of paper money will disappear.

Sometimes I also think like that as in the past gold was widely used as a currency and the paper money came and it provide more convenient to the people so it replaced gold now bitcoin is claiming more convenience so I think once again the currency will be replaced.

Bitcoin is a good investment but not a better asset to replace gold because gold is physical while bitcoin is not.
They will exist and I think it's profitable investing bitcoin than gold nowadays.

Agreed, bitcoin is a good investment that has got the potential to give the best profit than any other form of investing. When it comes to gold, just because of the physical backing it has got it stays as not replaceable. People haven't started knowing much about bitcoin, when the awareness increases scenario might change, because already bitcoin overcame the value of gold.

[Vikingr]

We have to admit that the use of paper money getting down, it is because the State see that paper money is difficult to control, easily forged and many other issues, I'm sure 100 years more paper money will dissapear replace with digital money.

Paper money has a big value these days because it spent thousands of years and get involved in every business and in international market but I think the future of paper money is in danger because of the bitcoin as we are seeing from the beginning that it is being adopted by more and more people with a good trust.

[Botnake]

We have to admit that the use of paper money getting down, it is because the State see that paper money is difficult to control, easily forged and many other issues, I'm sure 100 years more paper money will dissapear replace with digital money.

Paper money has a big value these days because it spent thousands of years and get involved in every business and in international market but I think the future of paper money is in danger because of the bitcoin as we are seeing from the beginning that it is being adopted by more and more people with a good trust.

It's definitely the biggest circulation in the world, it can be lessen in the future due to the digital currencies presence which
gets bigger and bigger but still more people will use paper money so digital currency is not a threat that will eliminate paper money
in the circulation.

[hawthelegend]

You know what op, I personally don't think paper money will completely disappear any time in the near future. It is true that electronic transactions have become more and more common over the last few decades and I see no reason why this trend will not continue. We may even get to the point where paper money transactions become incredibly rare. I mean, for some, they already are! we now consider paper money actually acting as the backing to our electronic currency, or the other way around? This get me confused a lot. But the thing is it is just like the way the gold standard once backed paper money. But that's just what i think. My own opinion

[Sled]

You know what op, I personally don't think paper money will completely disappear any time in the near future. It is true that electronic transactions have become more and more common over the last few decades and I see no reason why this trend will not continue. We may even get to the point where paper money transactions become incredibly rare. I mean, for some, they already are! we now consider paper money actually acting as the backing to our electronic currency, or the other way around? This get me confused a lot. But the thing is it is just like the way the gold standard once backed paper money. But that's just what i think. My own opinion

If this kind of era of technology will continue and a lot more people will stick to electronic wallets like bitcoin wallets or any kind of option that is related to that then we can see that the paper wallet will become rare and it will eventually disappear because there is no sense to use paper wallet when you can save space from your pocket by just carrying your money in your smartphone.

[Malsetid]

We have to admit that the use of paper money getting down, it is because the State see that paper money is difficult to control, easily forged and many other issues, I'm sure 100 years more paper money will dissapear replace with digital money.

Paper money has a big value these days because it spent thousands of years and get involved in every business and in international market but I think the future of paper money is in danger because of the bitcoin as we are seeing from the beginning that it is being adopted by more and more people with a good trust.

It's definitely the biggest circulation in the world, it can be lessen in the future due to the digital currencies presence which
gets bigger and bigger but still more people will use paper money so digital currency is not a threat that will eliminate paper money
in the circulation.

I agree. If it's going to be something, digital currency would be a good alternative for transactions done today. Paper money has its roots deep into people's needs and in the market so even if a lot of people are already saying that going digital is definitely the future, paper money will not be left behind or it won't relinquish it's hold on consumers for a long time still.

[hurain]

World and time change, the way the transaction also continues to shift, the money used thousands of years, but when the speed demands become a priority then the use of money, especially paper money continues to decline, I think the future of paper money will disappear.

Sometimes I also think like that as in the past gold was widely used as a currency and the paper money came and it provide more convenient to the people so it replaced gold now bitcoin is claiming more convenience so I think once again the currency will be replaced.

yes anything can happen but to me i think it not possible as soon as we are expecting, to me paper money is going to change but after generations, because it not going to happen so early, most of the people still do not have the facilities of computer and internet.

[ipungadhi]

I was scared for the future of paper money, because if the crytocurrencies not stopped to become famous in the whole world. Sooner of later paper money has been vanish, but I don't expect that it happen due paper money was symbolizing each country.

Paper money is a symbol of the currency. So I think though bitcoin or other digital currencies are becoming popular and widely used. I'm sure it will not make paper money disappear but certainly users will use more digital money

[Yanidas]

Sweden is likely going to be the first country to completely ban cash, but more countries are following soon. Just wait and see.

[CODE200]

The bitcoin can be the future of the paper money but for now the bitcoin is cannot replace the fiat for now because the bitcoin need a gadget and inte4rnet so that for now it cannot replace the fiat but as time pass by the bitcoin can replace it maybe few more decades.

[zedicus]

Future of paper money is pretty common,bitcoins will not overcome what fiat currencies got its impossible i think,bitcoins will be banned entirely but no no for fiat currencies thats impossible

[basyang]

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.

     I strongly agree with you, I don't think that paper money will vanish away after a long time of its popularity. And I do not think that bitcoin or any digitalized currency can easily replace our traditional paper money. It is the most common and easy to use to pay bills and also it is easy to carry.

     All countries using paper money because of it is convenience to use for many people, maybe paper money will change but its design only.

[mongkie]

i think paper money will perish but not this moment. although cryptocurrencies is booming, as of the moment this is not as stable as paper money. crypcur must overcome hack insidence for it to become stronger i think it is the disavantage of cryptocurrencies but it is curable. in short the future is the cryptocurrencies may dissolve paper money using.

[shine1123]

i think paper money will perish but not this moment. although cryptocurrencies is booming, as of the moment this is not as stable as paper money. crypcur must overcome hack insidence for it to become stronger i think it is the disavantage of cryptocurrencies but it is curable. in short the future is the cryptocurrencies may dissolve paper money using.

It's still a long journey for crytocurrencies to overcome paper money. I mean, even other online currecies like paypal is still hardly know on some countries. I'm sure paper money will keep being used by all people, it takes a long time to courage people to become cashless society.

[kpcian]

From my perspective, paper money is still in the best shape, people feel comfortable to spend paper money nowadays, people have a good trust on the paper money. So the future of paper money is certain in the future, but day by day crypto currency is becoming popular so paper money may face a threat to be existed..

[Finestream]

From my perspective, paper money is still in the best shape, people feel comfortable to spend paper money nowadays, people have a good trust on the paper money. So the future of paper money is certain in the future, but day by day crypto currency is becoming popular so paper money may face a threat to be existed..

Exactly, no chance it will be eliminated in the circulation when it is serving majority of the people, whatever country you are living you can physically see people are more comfortable in using paper money. New technology will exist but it will just give additional option to the users and they do not have the power to eliminate paper money, the simplest way of transacting is thru paper money.