Bitcoin Forum
April 24, 2018, 05:15:54 AM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 [258] 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 »
  Print  
Author Topic: The future of the paper money  (Read 414591 times)
MrRiuss
Member
**
Offline Offline

Activity: 168
Merit: 10


View Profile
January 07, 2018, 05:33:34 PM
 #5141

paper money will still exist for many years. not easy to replace it with anything
1524546954
Hero Member
*
Offline Offline

Posts: 1524546954

View Profile Personal Message (Offline)

Ignore
1524546954
Reply with quote  #2

1524546954
Report to moderator
1524546954
Hero Member
*
Offline Offline

Posts: 1524546954

View Profile Personal Message (Offline)

Ignore
1524546954
Reply with quote  #2

1524546954
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1524546954
Hero Member
*
Offline Offline

Posts: 1524546954

View Profile Personal Message (Offline)

Ignore
1524546954
Reply with quote  #2

1524546954
Report to moderator
1524546954
Hero Member
*
Offline Offline

Posts: 1524546954

View Profile Personal Message (Offline)

Ignore
1524546954
Reply with quote  #2

1524546954
Report to moderator
mostkey
Sr. Member
****
Offline Offline

Activity: 532
Merit: 252


View Profile
January 07, 2018, 06:13:15 PM
 #5142

I am sure that the future of paper money will continue to survive, this is because paper money is the identity of a country so that the state will continue to maintain and protect paper money.

I don't feel that sovereignty is reason enough for paper money to survive, there can be a digital currency that is branded in some way to promote sovereignty. Also I feel anyway as if that is a dying trend and many people of the younger generation do not really hold so much pride in their own country and are much more likely to identify as humans of the planet earth than english or american or indian etc.
it is very clear that this is an absurd excuse. I see that the paper money is happening because there are still many people who do not know the internet world. it is very difficult to be able to manipulate people like them to start thinking and have enough courage to use digital money. this is the reason why paper money can last long

bustadice         ▄▄████████████▄▄
     ▄▄████████▀▀▀▀████████▄▄
   ▄███████████    ███████████▄
  █████    ████▄▄▄▄████    █████
 ██████    ████████▀▀██    ██████
██████████████████   █████████████
█████████████████▌  ▐█████████████
███    ██████████   ███████    ███
███    ████████▀   ▐███████    ███
██████████████      ██████████████
██████████████      ██████████████
 ██████████████▄▄▄▄██████████████
  ▀████████████████████████████▀
                     ▄▄███████▄▄
                  ▄███████████████▄
   ███████████  ▄████▀▀       ▀▀████▄
               ████▀      ██     ▀████
 ███████████  ████        ██       ████
             ████         ██        ████
███████████  ████     ▄▄▄▄██        ████
             ████     ▀▀▀▀▀▀        ████
 ███████████  ████                 ████
               ████▄             ▄████
   ███████████  ▀████▄▄       ▄▄████▀
                  ▀███████████████▀
                     ▀▀███████▀▀
           ▄██▄
           ████
            ██
            ▀▀
 ▄██████████████████████▄
██████▀▀██████████▀▀██████
█████    ████████    █████
█████▄  ▄████████▄  ▄█████
██████████████████████████
██████████████████████████
    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
    ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
       ████████████
[bustadice.
Play
bustadice]
Fortnight
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
January 07, 2018, 06:33:00 PM
 #5143

Paper money isn’t subject to certain transaction costs and is more difficult to tax. Even today you can find places in downtown Manhattan that are cash only. I would argue that the cost of safely storing paper money outweighes the cost of transacting in other forms of currency for most of us though.
tam31
Member
**
Offline Offline

Activity: 109
Merit: 107


View Profile
January 07, 2018, 06:37:12 PM
 #5144

Paper money will not disappear because many people still use it. Take a look in not rich countries they are using paper money a lot. I think that paper money will not disappear in these next 50 years.

If the whole world and the countries got richer and the people also then maybe the paper money would go away.

arallmuus
Hero Member
*****
Offline Offline

Activity: 966
Merit: 1005


View Profile
January 07, 2018, 06:55:00 PM
 #5145

I am sure that the future of paper money will continue to survive, this is because paper money is the identity of a country so that the state will continue to maintain and protect paper money.

It will probably not as there are lot of chances for the government to switch into digital currency as well. Well actually the one they made and control , even as of now we are in cashless world where you pay most of your bill with debit and credit card. So the possibility for that to happen is quite slim but it probably will depending how things progress

▄███████▄
▄█████████▄
███████████
▀█████████▀
▄▄▄▄▄▄▄      ▄▄▄▄▄▄▄
█████████    █████████
███████████  ███████████
███████████  ███████████
▀▀▀▀▀▀▀▀▀    ▀▀▀▀▀▀▀▀▀
▄███████▄    ▄███████▄    ▄███████▄
▄█████████▄  ▄█████████▄  ▄█████████▄
███████████  ███████████  ███████████
▀█████████▀  ▀█████████▀  ▀█████████▀
████████████████████████████████████████████████████████████████████████████████████████
.KARAT..Bank.
████████████████████████████████████████████████████████████████████████████████████████
.
!!.
Best Dreams
Full Member
***
Offline Offline

Activity: 252
Merit: 100


View Profile
January 07, 2018, 08:27:01 PM
 #5146

I don't want it to happen, don't want everything digitalized. But i think it's just a matter of time until we can only see paper money in museums.
It is kinda sad to be honest, but hey, "we are advancing" right ? Wrong, we are destroying, but it's just in our minds we are going somewhere better
Everything has his own value and respect on its place and paper money have also respect because when there was no concept of crypto in market so everyone they were using bitcoin because they think that there is no other option accept paper money but hen when crypto arrived to market so a lot of people they start coming toward them and now bitcoin is here and not only people but countries are trying to join bitcoin.

Paul stuart
Member
**
Offline Offline

Activity: 90
Merit: 10


View Profile
January 07, 2018, 08:31:33 PM
 #5147

a lot of countries are trying to get rid of cash, even before cryptos, but it's really a bad thing, it only supports the banks' power over us
Jembut Ireng
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile
January 07, 2018, 11:11:51 PM
 #5148

The future of paper money is increasingly unpredictable and perhaps the presence of digital money will make paper money disappear, this is because the demands and challenges of the times are always changing.

              ▄▄▄▄▄▄▄
           ▄▄█████████
         ▄█████▀▀
        ████▀    ▄▄██████████▄▄            ▄█████  █████▄       ▄████████████▄   ██████████▄    ███  ▄██████████████▄ ███▄       ▄███
       ████   ▄█████▀▀▀▀▀▀▀█████▄         ██████▀   ▀█████     █████▀▀▀▀▀▀█████   ████▀▀▀▀▀▀   ████  ▀██████████████▀ █████▄   ▄█████
      ████   ████▀           ▀████       ████▀        ▀████   ████          ████   ████       ████                     ▀█████▄█████▀  
      ███▌   ███▌             ▐███      ████                 ████            ████   ████     ████    ▄████████████▄      ▀███████▀    
███   ████   ████▄                      ████                 ████            ████    ████   ████     ▀████████████▀      ▄███████▄    
███    ████   ▀█████▄▄▄                  ████▄        ▄████   ████          ████      ████ ████                        ▄█████▀█████▄  
 ███    ████▄    ▀▀████                   ██████▄   ▄█████     █████▄▄▄▄▄▄█████        ███████       ▄█████████████████████▀   ▀█████
  ███    ▀█████▄▄                          ▀█████  █████▀       ▀████████████▀          █████        ▀███████████████████▀       ▀███
   ███▄    ▀▀█████████
    ▀███▄      ▀▀▀▀▀▀▀
      ▀████▄▄        
         ▀▀█████████
One Stop Trading Platform
|  Fast & Reliable  |  Real Time  |  Secure  |  Sharing Fees  |

██
██
██
██
██
██
██
██
██
██
        ██████
         ██████
         ██████
         ██████
         ██████   █████
██████   ██████   █████
██████   ██████   █████
██████   ██████   █████
██████   ██████   █████
██████   ██████   █████   ██████
██████   ██████   █████   ██████
██████   ██████   █████   ██████
██████   ██████   █████   ██████
██████   ██████   █████   ██████
██████   ██████   █████   ██████
ANN  Whitepaper  Facebook
██  PRE-ICO: MAY 12TH  ██
Twitter  Reddit  Medium
        ██████
         ██████
         ██████
         ██████
         ██████   █████
██████   ██████   █████
██████   ██████   █████
██████   ██████   █████
██████   ██████   █████
██████   ██████   █████   ██████
██████   ██████   █████   ██████
██████   ██████   █████   ██████
██████   ██████   █████   ██████
██████   ██████   █████   ██████
██████   ██████   █████   ██████

██
██
██
██
██
██
██
██
██
██
  CONTACT COVEX  
info@covex.io     Telegram
Granxis
Hero Member
*****
Offline Offline

Activity: 574
Merit: 500


★Bitvest.io★ Play Plinko or Invest!


View Profile WWW
January 08, 2018, 03:34:42 PM
 #5149

I think the future of paper money will still exist because paper money is money that is popular around the world, and paper money is used by all people in this world, in contrast to digital money, digital money is not used by all people, only people who understand about the digital money that can use it. so the possibility of paper money will still be used.
I think paper money will come out in the next century, because it is a system used for 500 years. The banknote system is quite old and useless. Counterfeiters create counterfeit money, causing serious damage to the country's economy. There are too many people shopping with credit cards.



.
.BITVEST DICE.
HAS BEEN RELEASED!


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

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

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

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

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

▀████████████████████▀




Rainbot
Daily Quests
Faucet
manyu22
Full Member
***
Offline Offline

Activity: 280
Merit: 100



View Profile
January 08, 2018, 03:53:10 PM
 #5150

The future of paper money is increasingly unpredictable and perhaps the presence of digital money will make paper money disappear, this is because the demands and challenges of the times are always changing.
the development of the times did change, with it also changing technology. the longer the paper money that each country has, the longer it gets thinner. because today many use the card as a substitute for the money we carry everyday. so the longer the paper money, it is likely to be lost.

bob3772
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
January 08, 2018, 05:46:00 PM
 #5151

I am sure that the future of paper money will continue to survive, this is because paper money is the identity of a country so that the state will continue to maintain and protect paper money.

I don't feel that sovereignty is reason enough for paper money to survive, there can be a digital currency that is branded in some way to promote sovereignty. Also I feel anyway as if that is a dying trend and many people of the younger generation do not really hold so much pride in their own country and are much more likely to identify as humans of the planet earth than english or american or indian etc.
it is very clear that this is an absurd excuse. I see that the paper money is happening because there are still many people who do not know the internet world. it is very difficult to be able to manipulate people like them to start thinking and have enough courage to use digital money. this is the reason why paper money can last long

I don't think it is absurd to think that people identify with their own country and their own currency, in fact it is one of the reasons most often sited when talks of a common currency occur, I just disagree with him in that it's enough reason for paper money to survive. Your reasons are more valid but they still lead to paper money being extinct in the longer term.

Ann Impas
Full Member
***
Offline Offline

Activity: 224
Merit: 101



View Profile
January 08, 2018, 06:44:47 PM
 #5152

As of the current trend. Paperless currency is really being practice. Cryptocurrency is something that will play a big role in the society. It is for sure going to be another avenue for people to utilized.

crocss
Jr. Member
*
Offline Offline

Activity: 35
Merit: 0


View Profile
January 08, 2018, 06:56:59 PM
 #5153

As of the current trend. Paperless currency is really being practice. Cryptocurrency is something that will play a big role in the society. It is for sure going to be another avenue for people to utilized.
many possibilities of paper currency will follow the bitcoin in the future so there is no precise in predicting just waiting for what will happen.
Bondho Kompeni
Sr. Member
****
Offline Offline

Activity: 432
Merit: 250



View Profile
January 08, 2018, 11:45:26 PM
 #5154

All things related to the paper will disappear, magazines, newspapers, books and so have disappeared and no more than 20 years from now paper money will disappear.


            █ █ █ █ █
         ██           ██
       ██     █ █ █ █   ██
     ██    ██        ██
   ██   ██               
  ██   ██     ████████                  ██████████
            ███          ██   █████████     ██      ██████  ██   ███████  ██    ███   ███████
 ██   ██    ███              ██      ███    ██      ██          ███       ██   ███  ██
 ██   ██    ███  ██████  ██  ██      ███    ██      ██      ██  ███       ██  ███   ██
            ███      ██  ██  ██      ███    ██      ██      ██  ███       ██████     ███████
 ██   ██    ███      ██  ██  ██      ███    ██      ██      ██  ███       ██  ██           ██
             ██      ██  ██  ██      ███    ██      ██      ██  ███       ██   ███         ██
 ██   ██      ███████    ██   █████████     ██      ██      ██   ███████  ██    ███  ███████
  ██   ██                           ███
   ██    ██          ██            ███
     ██    ██ █ █ █ █   ██
       ██             ██
          █ █ █ █ █ █
























Telegram     Facebook     Twitter     Medium
-
WEBSITEE |█| WHITEPAPER












InvestICO2L
Full Member
***
Offline Offline

Activity: 210
Merit: 101



View Profile
January 09, 2018, 01:07:19 AM
 #5155

the future of paper money in my opinion can survive because everyone still needs paper money almost all the world still use paper money so than that there will be no one can replace the paper money

Digital currencies are efficient and very attractive to a lot of people who are seeking freedom in terms of their money and transaction but we all know that this currencies cannot be approved by the government to replace the usual fiat or currency we are using since it will be greatly affecting one's country isince digital currencies are so volatile and not stable.
I don’t know whether in next 5 years, 10 years or  in the future, we must change paper money into another, it will be too difficult to change. Because all of us use fiat and it is the most popular and easiest way to buy something or pay for your expenses  for in the daily life. For example, if someday in the future, we must use digital currencies, oh it’s so crazy because we all know that there also have many people don’t know anything or knowledge relating to crypto currencies, so it’s so difficult to change paper money into another. It will not happen.

PEG-TOKEN
Copper Member
Jr. Member
*
Offline Offline

Activity: 56
Merit: 0

peg-token.com


View Profile WWW
January 09, 2018, 01:27:16 AM
 #5156

most people prefer to use credit and debit cards to shop around. you can already see signs of this at other currency's like the euro its getting a lot more used these days online.  I don't know how much gold will cost in dollar terms in 10 years (and no one knows), so it may happen that it will cost even less than it does now. But it is ultimately irrelevant since your reasoning still doesn't allow to distinguish in any meaningful way the paper money backed up by the merchants,

| PEGTOKEN |  - https://peg-token.com - | Digital Asset Creation | BTC | ETH Cross-Chain Tokens
turagsoy123456
Member
**
Offline Offline

Activity: 126
Merit: 10


View Profile
January 09, 2018, 01:55:49 AM
 #5157

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 future of the paper money is not abolished.. Because not all country's are rich. There are many country's also who has many poor population.but maybe in the other rich country  the future of the paper money will be no longer to exist.

Kisanaq
Sr. Member
****
Offline Offline

Activity: 546
Merit: 251



View Profile
January 09, 2018, 03:57:44 AM
 #5158

The future of paper money is increasingly difficult, as we know that today many countries try to use digital money to reduce cash transactions that are usually with paper money.

    ▄█▄
   ██▀  ▄█▄
  ██▀  ▄█▀  ▄▀
 ██▀  ▄█▀  ▄▀
▐█▌  ▄█▀  ▄▀
██   ██   
██   ██   
██   ██   
▐█▌  ▀█▄  ▀▄
 ██▄  ▀█▄  ▀▄
  ██▄  ▀█▄  ▀▄
   ██▄  ▀█▀
    ▀█▀
████
▀▀▀▀
▄▀▀▄▄▄▄▄▄▄▄█████████████▐████
▀▀     ▄▄▄▄▄▀██████████▐████
▄▀▀▄▄▄▄▄█████▀ ▀▄▄▄     ▐████
▀▀     ▄▀███▄▄▄▄       ▐████
▄▄   ▀█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▐████
▀▄▄▀▀▀▀▀██████████████▐████
▄▄   ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▐████

▀▄▄▀▀▀  ██████           ▐████
██████▄▀▀▀▀▀▀▀▀▀ ▐████

▄▄  ████▀▄██████████▐████
▀▄▄▀▀▀▀ ▄████████████▐████
BIDIUM       ▄█▄
   ▄█▄
  ▀██

▀▄  ▀█▄  ▀██
 ▀▄  ▀█▄  ▀██
  ▀▄  ▀█▄  ▐█▌
   █   ██   ██
   █   ██   ██
   █   ██   ██
  ▄▀  ▄█▀  ▐█▌
 ▄▀  ▄█▀  ▄██
▄▀
  ▄█▀  ▄██
   ▀█▀
  ▄██
       ▀█▀






























MAJICOIN
Full Member
***
Offline Offline

Activity: 182
Merit: 100



View Profile
January 09, 2018, 05:42:59 AM
 #5159

Paper money is used for different things for which digital money is not accepted in the different regions of the world. Paper money will be used in the future as well like in the past every where the dealing would be in the paper money after than the electronic money came into the market banks has involved they were used as medium of payments the paper money ever used in the world the future of paper money is secure.

  ALAX     |  The Blockchain App Store Designed for Gamers
█ ██████████████ █    [ WHITEPAPER ]        TGE    17th April     [  ONE PAGER  ]    █ ██████████████ █
TWITTER             REDDIT             FACEBOOK             LINKEDIN             DISCORD             SLACK             TELEGRAM             ANN THREAD
fabrizoc
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
January 09, 2018, 07:03:21 AM
 #5160

In the future all will gonna be digital, and it is pretty bad for paper money.
But not now because still a lot of people who are not that intellectual to using digital thing even many poor countries still do not have internet access.

Absolute right and authentic. This is going to happen and people will be testifying it in future. As everyone knows this is a time of digital things but still much is more to do for this advancement to be prevailed all around the world. But yes, we are progressing in about everything and a time comes when everything will be digital and that would be time of bitcoins.

Pages: « 1 ... 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 [258] 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 »
  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!