Bitcoin Forum
November 21, 2017, 09:16:49 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 [232] 233 234 235 236 237 »
  Print  
Author Topic: The future of the paper money  (Read 403523 times)
Md.Sufian
Newbie
*
Online Online

Activity: 42


View Profile
November 09, 2017, 09:27:50 AM
 #4621

The day is going forward technology. In this age of technology, people do not want to deal with hands.So, people are interested in trading online.
Join ICO Now Coinlancer is Disrupting the Freelance marketplace!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511299009
Hero Member
*
Offline Offline

Posts: 1511299009

View Profile Personal Message (Offline)

Ignore
1511299009
Reply with quote  #2

1511299009
Report to moderator
1511299009
Hero Member
*
Offline Offline

Posts: 1511299009

View Profile Personal Message (Offline)

Ignore
1511299009
Reply with quote  #2

1511299009
Report to moderator
awrinkleintime
Newbie
*
Offline Offline

Activity: 4


View Profile
November 09, 2017, 10:00:33 PM
 #4622

I think the visio website should provide the choice to get visio cash for importing content.That would be a nice new function
leyton11
Sr. Member
****
Offline Offline

Activity: 350



View Profile
November 09, 2017, 10:03:46 PM
 #4623

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?

Bitcoin has gained a lot of popularity throughout the years since it had started. And along this journey it has gained users of not only younger age groups but also that if older age groups. But still I don’t think that bitcoin will able to replace paper money and i do believe that paper money has a future because firstly paper money is way more popular than bitcoin and because of which its way more in usage and has more users as compared to bitcoin. Secondly paper money does not require any money for transactions whereas bitcoin requires. Then bitcoin requires internet whereas paper money requires no internet.

So, I always think Bitcoin is the future money because before the world change to digital era, the current FIAT system still manage the world's economy and financial. Bitcoin is just a currency for payment online and trading asset.

██
█║█
║║║
║║║
█║█
██
'BTC MULTI-WALLET SOON'
▬▬▬ Download WHITEPAPER ▬▬▬

                    ▄██▄
                  ▄██████▄
                ▄██████████
              ▄██████████▀   ▄▄
            ▄██████████▀   ▄████▄
          ▄██████████▀    ████████▄
         ██████████▀      ▀████████
         ▀███████▀   ▄███▄  ▀████▀   ▄█▄
    ▄███▄  ▀███▀   ▄███████▄  ▀▀   ▄█████▄
  ▄███████▄      ▄██████████     ▄█████████
  █████████    ▄██████████▀    ▄██████████▀
   ▀█████▀   ▄██████████▀    ▄██████████▀
     ▀▀▀   ▄██████████▀    ▄██████████▀
          ██████████▀    ▄██████████▀
          ▀███████▀      █████████▀
            ▀███▀   ▄██▄  ▀█████▀
                  ▄██████▄  ▀▀▀
                  █████████
                   ▀█████▀
                     ▀▀▀
e i d o o
██

███▀▀
▐▐▌
▐▌
▐▌
▐▐▌
███▄▄
▀▀███
▐▌▌
▐▌
▐▌
▐▌▌
▄▄███
Andrianla
Full Member
***
Offline Offline

Activity: 168



View Profile
November 09, 2017, 10:07:07 PM
 #4624

If virtual money access is owned by every place then it is very possible to make paper money more abandoned. Because virtual money is easy and safe.

Sate Jamu
Full Member
***
Offline Offline

Activity: 173


Proof-of-Asset Protocol


View Profile
November 09, 2017, 10:18:22 PM
 #4625

The more days the use of paper money continues to decline, 10 years ago people used a bag containing paper money to buy a house, car or other big thing, but now it's never seen again because it uses transfer banks. this is an indication that the use of paper money continues to drop and eventually disappear.

Harrisonimo
Member
**
Online Online

Activity: 98

Marketing cryptocurrency for you...


View Profile
November 09, 2017, 10:40:50 PM
 #4626

Paper money/fiat will go into antics sooner or later. Change they say is inevitable and the limitations of fiat has been eradicated with the numerous opportunities the Cryptocurrency is bringing to the table. I do believe there are a lot being put in place to fight the Cryptocurrency from coming into full limelight. But at the moment, both are working hand in hand to meet our needs were its tendering is required. At the long run, the Cryptocurrency takes over with full dominance.

a4techer
Sr. Member
****
Offline Offline

Activity: 288



View Profile
November 09, 2017, 11:45:49 PM
 #4627

If we are thinking about about the future of paper money i think we ignore it that money because cryptocurrency money was continuously knowing of each people and our future money was the digital money or the crypto money and for us it is that the easy way of money that we can use for our daily life so that paper money i think it can remove it into future.

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

Global Trading Corp.
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
YOUR COMPREHENSIVE CRYPTO TRADING PLATFORM
|       WHITEPAPER       |       FACEBOOK       |       TWITTER       |       ANN THREAD       |
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
L0veCreamy
Newbie
*
Offline Offline

Activity: 14


View Profile
November 10, 2017, 03:41:44 AM
 #4628

for whatever reason i'm still going to maintain keeping things i do obtained of litecoin till its either worthless or worth more :-)
harryxx
Jr. Member
*
Offline Offline

Activity: 40


View Profile
November 10, 2017, 04:49:03 AM
 #4629

I think paper money soon will be in a Museums or will be a collector's item  it the next 5-10 years. Because as we see now paper money keeps on declining and crypto currency is keep on rising. And it's good that there is a digital currency because we can avoid being robbed in the streets, but I fear that we could be hack when the digital currency arrive.
sparveenat
Jr. Member
*
Offline Offline

Activity: 56


View Profile
November 10, 2017, 04:53:21 AM
 #4630

We should be very practical not to just pass the comments Bitcoin the cryptocurrency is for sure going to be very big success in future as max people will know about it and every day life will use it. At the same time without internet we will be handicapped do to non access of internet first it has to be rectified. Till that the paper money will exist and in near future users will avoid using paper money for their convenience.

▬▬▬ ★ ★ ★ ★ ★ ▬▬▬
● PLINKO  (+) ROULETTE ║ BITVEST ║ |7| SLOTS    ▼ BIT SPIN
▬▬▬ ★ ★ ★ ★ ★ ▬▬▬
uzumaki
Member
**
Offline Offline

Activity: 78

The Decentralized (DAO) Loyalty Ecosystem


View Profile
November 10, 2017, 06:21:55 AM
 #4631

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?

Believes the use digital currency will grow significantly , some reasons for the increasing value of digital currency transactions are in terms of particality, improvement in security, lower transaction costs and incentives of service providers. Not only ease of money offered but other features such as credit payments , token electricity , pay tolls , pay in supermarket and mini markets. Paper money will increasingly replaced by digital currency.

▬▬▬▬ BITCOINTALK  ▬▬▬▬
▬▬▬▬ DAO ecosystem for loyalty programs: YOUTUBE ▬▬▬▬
▬▬▬▬ LOOK AT THE WHITEPAPER ▬▬▬▬
Botnake
Hero Member
*****
Offline Offline

Activity: 574


Crypterium - Digital Mobile Cryptobank For Everyon


View Profile
November 10, 2017, 07:09:32 AM
 #4632

We should be very practical not to just pass the comments Bitcoin the cryptocurrency is for sure going to be very big success in future as max people will know about it and every day life will use it. At the same time without internet we will be handicapped do to non access of internet first it has to be rectified. Till that the paper money will exist and in near future users will avoid using paper money for their convenience.
I presume by saying max that means majority, for me, I think bitcoin will grow and will be more popular but basing on the population of the world
it's hard to get majority of them to adopt with bitcoin as for sure they will still prefer to use paper money due to the fact that their daily transaction
does not require them to transact online.



░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀


░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀

▀  Twitter
▀  Telegram
▀  Facebook
▀  ANN Thread
▀  Whitepaper
▀  Website
Anies_Sandi
Full Member
***
Offline Offline

Activity: 238



View Profile
November 11, 2017, 04:35:26 PM
 #4633

We should be very practical not to just pass the comments Bitcoin the cryptocurrency is for sure going to be very big success in future as max people will know about it and every day life will use it. At the same time without internet we will be handicapped do to non access of internet first it has to be rectified. Till that the paper money will exist and in near future users will avoid using paper money for their convenience.
my opinion this paper money will still survive, although the users are few, but the paper money will still run, and will not be destroyed. because banknotes appear before any bitcoin and electronic money is currently being applied, but still people use paper money for payment instruments. so the conclusion that the paper money will not disappear, but will still be used and remembered.

mylyn2327
Jr. Member
*
Offline Offline

Activity: 42


View Profile
November 12, 2017, 12:01:04 AM
 #4634

Paper money in the future i think it still exists, i dont think it will disappear even years from now. Although bitcoin crypto currency is continuously knowing by people and grow significantly. Paper money will still be used unless the gov't. Will provide a strong internet connection nationwide which is the no. 1 Thing to consider in using digital currency. And also it cannot disappear that easily because of the fact that we have everyday transaction which we doesn't need online transaction.

▬▬▬▬▬▬▬ ◉ DITCOIN ◉ ▬▬▬▬▬▬▬
Business Driven CryptoCurrency
Unique Approach▬◉◉◉▬Untraceable Coin
reisuke24
Full Member
***
Offline Offline

Activity: 139



View Profile
November 12, 2017, 12:42:40 AM
 #4635

government cant banned paper money. you know if it happen, i think not all people will know about bitcoin and they will not use because they cant use it.
balance is need in this world, some people will know about something and some will dont know about it. and we fill knowledge each other.

Genesis Vision — Decentralized platform for trust management
▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰INVEST▰▰▰▰▰▰▰▰▰▰▰▰▰▰▰  
  Twitter Facebook ICO starts on 15.10.2017 Telegram Medium  ●
tyronecoinbit
Member
**
Offline Offline

Activity: 84


View Profile
November 12, 2017, 12:44:29 AM
 #4636

Paper money in the future i think it still exists, i dont think it will disappear even years from now. Although bitcoin crypto currency is continuously knowing by people and grow significantly. Paper money will still be used unless the gov't. Will provide a strong internet connection nationwide which is the no. 1 Thing to consider in using digital currency. And also it cannot disappear that easily because of the fact that we have everyday transaction which we doesn't need online transaction.

The future of paper money will still exists because it has a support from the Government and for sure the Government won't allow bitcoin to take over fiat. Maybe paper money in the future would be obsolete but it will never gone.  There are still a lot of people who doesn't know anything about digital currency especially those people who is living in the provinces. So they were the one who really uses fiat.

DITCOIN ▬◉▬ Business Driven CryptoCurrency ▬◉▬ DITCOIN
Unique Approach▬◉◉◉▬Untraceable Coin
▬▬▬▬▬  DTC web / Mobile Wallets DTC cards  ▬▬▬▬▬
Emmaemir2020
Newbie
*
Offline Offline

Activity: 28


View Profile
November 12, 2017, 01:06:05 AM
 #4637

Paper money will soon sank just like Titanic

Ajayi
yusupjatigumilar
Member
**
Offline Offline

Activity: 70

Flixxo - Watch, Share, Earn!


View Profile
November 12, 2017, 01:58:41 AM
 #4638

Perhaps in the future paper money will be very few in number because replaced with electronic money but with the same value and more secure and practical in conducting transactions, it will also save the state budget because the cost of raw materials and production of money will be less.

muarip
Full Member
***
Offline Offline

Activity: 126



View Profile
November 12, 2017, 02:23:09 AM
 #4639

Perhaps in the future paper money will be very few in number because replaced with electronic money but with the same value and more secure and practical in conducting transactions, it will also save the state budget because the cost of raw materials and production of money will be less.

It seems like what is said will not happen if the paper money will be in production only a little.

Lasvista
Member
**
Offline Offline

Activity: 111

Ditcoin #1


View Profile
November 12, 2017, 08:58:02 AM
 #4640

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?


I think the paper money will gradually disappear. Because now it's common for everyone who uses credit cards when you buy your likes. Most vendors accept credit cards. But most of those are rich, but if you think in the future everyone is wealthy and has a credit card each one? They do not need paper money anymore. But I did not say that it would be gone forever. We can not guarantee that it will happen at that time.

DITCOIN ▬◉▬ Business Driven CryptoCurrency ▬◉▬ DITCOIN
Unique Approach▬◉◉◉▬Untraceable Coin
▬▬▬▬▬  DTC web / Mobile Wallets DTC cards  ▬▬▬▬▬
Pages: « 1 ... 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 [232] 233 234 235 236 237 »
  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!