Bitcoin Forum
October 16, 2018, 06:04:31 PM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 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 »
  Print  
Author Topic: The future of the paper money  (Read 414984 times)
Md.Sufian
Member
**
Offline Offline

Activity: 294
Merit: 10


View Profile
January 09, 2018, 09:10:43 AM
 #5161

In my opinion . the paper money will not be in the future . The people of the world are being able to contribute a lot through online transactions .

1539713071
Hero Member
*
Offline Offline

Posts: 1539713071

View Profile Personal Message (Offline)

Ignore
1539713071
Reply with quote  #2

1539713071
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
hy1267055
Newbie
*
Offline Offline

Activity: 20
Merit: 0


View Profile
January 09, 2018, 09:18:46 AM
 #5162

In China, majority people are confortable on mobile transaction in rmb. cryptocurrency is possible to replace existing currency, it might take a long time. I do think paper money is unnecessary. However for now, there are ways to avoid paper money without crypto.
Ewinsane
Hero Member
*****
Offline Offline

Activity: 854
Merit: 514



View Profile
January 10, 2018, 11:55:29 AM
 #5163

In my opinion . the paper money will not be in the future . The people of the world are being able to contribute a lot through online transactions .
Who the heck is even Andrew Heldane, and who cares about what he says? Nobody. And by the way, you should think before commenting anything. How do you think that people will stop using paper, how is that possible. It’s just like saying that poverty will one day end in the world. The use of paper money will continue, and Bitcoin can’t replace anything.

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















❱❱
❰❰

UNOE
Sr. Member
****
Offline Offline

Activity: 423
Merit: 250


Look ARROUND!


View Profile
January 10, 2018, 07:44:40 PM
 #5164

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,
Of course, i'ts because it is alot easier and requires less time....since we all get paychecks on our bank account rather then cash only. And also picking cash up from some atm-s or even transfering to another currency also costs so people just go for a swipe and thats it.
But it's just because people are stupid, they are paying banks for usage, intrests and everything


.........................................
             █████████████████
         ███ ██     █     ██ ███
       ██ █████     █     █████ ██
     ███   █   █  █████  █   █   ███
   ███     █    ███ █ ███    █     ███
  ██  ███ ██ ███    █    ███ ██ ███  ██
  ██     ████       █      █████     ██
 ███   ██ █  ███    █    ███  █ ██   ███
 █ █ ██   █     ██  █  ██     █   ██ █ █
█████     █       █████       █     █████
 █ █ ██   █   ████  █  ████   █   ██ █ █
 ███   ████ ██      █      ██ ████   ███
  ██  █  █████      █      █████  █  ██
  ██ ██   ██ ████   █  ████  ██   ██ ██
   ██      █     ██████      █     ███
     ████  █   ██████████    █  ████
       ██ █████     █    ██████ ██
         ███  ██    █   ███  ███
            █████████████████
ARROUND









.









.
Telegram
ANN Thread
Bounty Thread
Whitepaper
UNOE
Sr. Member
****
Offline Offline

Activity: 423
Merit: 250


Look ARROUND!


View Profile
January 10, 2018, 07:46:11 PM
 #5165

Who the heck is even Andrew Heldane, and who cares about what he says? Nobody. And by the way, you should think before commenting anything. How do you think that people will stop using paper, how is that possible. It’s just like saying that poverty will one day end in the world. The use of paper money will continue, and Bitcoin can’t replace anything.
Okayy hahahaha or just listen to what this guy says because this is the best answer i have seen in a long time hahahah +1 mate


.........................................
             █████████████████
         ███ ██     █     ██ ███
       ██ █████     █     █████ ██
     ███   █   █  █████  █   █   ███
   ███     █    ███ █ ███    █     ███
  ██  ███ ██ ███    █    ███ ██ ███  ██
  ██     ████       █      █████     ██
 ███   ██ █  ███    █    ███  █ ██   ███
 █ █ ██   █     ██  █  ██     █   ██ █ █
█████     █       █████       █     █████
 █ █ ██   █   ████  █  ████   █   ██ █ █
 ███   ████ ██      █      ██ ████   ███
  ██  █  █████      █      █████  █  ██
  ██ ██   ██ ████   █  ████  ██   ██ ██
   ██      █     ██████      █     ███
     ████  █   ██████████    █  ████
       ██ █████     █    ██████ ██
         ███  ██    █   ███  ███
            █████████████████
ARROUND









.









.
Telegram
ANN Thread
Bounty Thread
Whitepaper
Tabanta
Member
**
Offline Offline

Activity: 72
Merit: 10


View Profile
January 10, 2018, 07:49:38 PM
 #5166

It's been so many years and yet under 20 million people heard about Bitcoin or used it.

Can't believe this, what's the source? Seems ridiculously low to me.

▐▐   ▬▬▬▬▬   DeepOnion   ▬▬▬▬▬   ▌▌
████    40 PUBLIC AIRDROPS COMPLETED    TOR INTEGRATED    ████
▬▬▬▬   (✔) DeepVault Blockchain File Signatures  •  VoteCentral Your Vote Counts  •  deeponion.org   ▬▬▬▬
todiefor17
Member
**
Offline Offline

Activity: 200
Merit: 10


View Profile
January 10, 2018, 09:12:56 PM
 #5167

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.
Currently, paper money in my country is less used than before by virtual currency technology. You can go to the supermarket without buying any paper currency because you will be paid for the items by bank transfer, I think that the paper money will no longer be used in the future

gandhe83
Member
**
Offline Offline

Activity: 266
Merit: 10


View Profile
January 10, 2018, 09:21:44 PM
 #5168

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.
Currently, paper money in my country is less used than before by virtual currency technology. You can go to the supermarket without buying any paper currency because you will be paid for the items by bank transfer, I think that the paper money will no longer be used in the future
In the future, the use of mathematical algorithms will become more common and paper money will be less used because it is no longer appropriate. Paper money will only be used for retail sales with low value items not through transactions with banks. Although cash has existed for a long time, it has gradually revealed its weaknesses and algorithms have done so well.
selen
Newbie
*
Offline Offline

Activity: 71
Merit: 0


View Profile
January 10, 2018, 11:00:41 PM
 #5169

hard to imagine how the gov will manage supply with two currencies on hand and.. probably many other private coins in circulation. something shall dominate and the other be restricted somehow. crypto shall finally pick up the lead. within 5-10 years i think ))   
Bonsaiav
Full Member
***
Offline Offline

Activity: 392
Merit: 106


Nexybit BTC Giveaway! 0.0005 BTC for free.


View Profile
January 10, 2018, 11:49:40 PM
 #5170

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?


According to my calculations, the paper money will forever survive, because the supply of paper money to date is always sufficient for human needs in the world. While, bitcoin has a limited supply of only about 21.000.000 pieces. Mathematically, bitcoin will not be able to offset the world's human population.

torch2121
Member
**
Offline Offline

Activity: 210
Merit: 10

The revolutionary trading ecosystem


View Profile WWW
January 11, 2018, 01:38:26 AM
 #5171

For me I want the paper money to stay the same or not banned. Because I want it to make a secret that I have a Bitcoin account.  Grin were I exchange my Bitcoin for paper money for purchasing goods. Low profile type.  Grin

Fbo62
Newbie
*
Offline Offline

Activity: 53
Merit: 0


View Profile
January 11, 2018, 01:40:38 AM
 #5172

I don't know why paper money didn't die yet and goverments use crypto. Bitcoin and other cryptos are impossible to print. It is just like a dollar, a euro is worth let just say 1 dollar and and usd is worth 2 dollars, same as  bitcoin but it just rises quicker.
mx667
Full Member
***
Offline Offline

Activity: 294
Merit: 114



View Profile
January 11, 2018, 01:48:49 AM
 #5173

I don't know why paper money didn't die yet and goverments use crypto. Bitcoin and other cryptos are impossible to print. It is just like a dollar, a euro is worth let just say 1 dollar and and usd is worth 2 dollars, same as  bitcoin but it just rises quicker.
I think there are so many topics like this and people are beginning to talk about cashless society. Maybe in the future, people living in the modern city will leave cash and switch to cashless. But you should know that there are still people who transact using cash in small countries and poor countries where their people still live in villages and traditional markets. You must understand what I mean, that cash will never disappear from their lives. Not everyone knows computers, not everyone can use technology. All modern life and the development of the times can only be felt for us who live in the city. Including cryptocurrency world.

VARANIDABuilding A Better Internet
WhitePaper↾ ⊙ ⇂ Ann Thread
TwitterFacebookTelegramReddit
King Sastro
Sr. Member
****
Offline Offline

Activity: 602
Merit: 251



View Profile
January 11, 2018, 02:01:43 AM
 #5174

It seems that the future of paper money will disappear soon, the successor is digital money and cryptocurrency, besides the difficult problem of being controlled, paper money will cost big manufacture and maintenance.

               ▄██▄  ██ ▄▄
        ▄███▄███  █ ▄▄▄ ▀▀ ▀ ▄
      ▄ █████▀▀▀██▀ ███ ▄▀▀▀▄ █
     ▄▄ ▀███▀ ██▄▄ ▄▄▄ █  █  █ ▄██▄
   ▄ ▀▀  ▄▄▄  ▄▄▀▀ ███ ▀▄ ▀ ▄▀ ████
  ██ ██ █▀▀▀█ ▀▀         ▀▀▀  ▄▄▀▀▄▄
  ▄▄▄▄  █▄▄▄█             ██  ▀▀ ████
 █ ▄▄ █  ▀▀▀              ▀ ██ ██ ▀▀
 █ ▀▀ █ ██▀                 ▀▀
  ▀▀▀▀
███ ▄▄ ▄██▄
▀▀▀ ▀▀ ▀██▀                ▄███▄ ▄
 █▀▀█  ▄▄▄▄▄               █████  ▄▄
 █▄▄█ █▀ ▄ ▀█              ▀███▀ ████
  ▄▄▄ █  █  █ ▄▄  ▄  ▄ ▄██▄  ▄   ▀██▀
  ▀█▀ ▀█▄▄▄█▀███ ███ ▀ ▀██▀ ▀▄▀ █▄
    ▄▄ ▄▄ ▄▄ ▀▀ ▄▄▄▄▄   ▄▄  ███▄█▀
    ▀▀ ▀▀ ▀ ▄▄ █▀ ▄ ▀█ ████ ███▀
        ██ ███ █  █  █  ▀▀ █
            ▀▀ ▀█▄▄▄█▀  ▀▀
CRYPTONITY










The Crypto Community Exchange
▐▐ █ █ █ █ ██ ██  Public Sale 1  Starts: Nov 1, 2018
A comprehensive “Cryptosystem”
Security & Insurance
A Community centric trading platform
|
Whitepaper   Telegram   ANN Thread
Twitter    |▌   Discord   ▐|    Facebook
Reddit  ●●⚫  Medium  ⚫●●  LinkedIn
neerv
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile WWW
January 11, 2018, 02:25:34 AM
 #5175

To me, this is not even a question. Paper money has already started dying and has no future. Even if we let aside cryptocurrencies, even the regular fiat has come into the digital mode entirely, with mobile app wallets making the transaction of money a lot easier compared to paper money transactions!
AjithBtc
Sr. Member
****
Offline Offline

Activity: 644
Merit: 250


View Profile
January 11, 2018, 02:29:25 AM
 #5176

Paper money is the base for each and everything. It can be  virtual currency or the other forms of assets. Because to ease the transaction and other accessibility of the paper money these innovations came into existence. Upon this, I don't think that paper money will be replaced with bitcoin or other cryptocurrencies.

   
████████
██████████████
█████████████████
███████████████████
████████████████▌▐████
██████████████
███████████
█████████▒▒
███████████
████████
██████████
██████████████
█████████████████▐█████
████████████████▌▐████
████████████████████
██████████████████
███████████████
████████
|
The ProFish online marketplace & tournaments
Twitter ⋄❖⋄ Telegram ⋄❖⋄ Facebook ⋄❖⋄ Instagram

|
listed on MERCATOX
═⟹  Community  ⟸═
tamarindbleu
Full Member
***
Offline Offline

Activity: 392
Merit: 100



View Profile
January 11, 2018, 02:36:04 AM
 #5177

paper money will still exist for many years. not easy to replace it with anything
For me the future of  the paper money is we will continue to be good, because eventhough thete are many cryptocurrency that is blooming paper money is still the needs of people in this world and nothing wll change with that, paper moey is we will stay in this world.

tominsoto
Member
**
Offline Offline

Activity: 179
Merit: 10


View Profile
January 11, 2018, 03:42:05 AM
 #5178

Paper money is always good. And will be always many used even in the future. And that is very good. Many people must use it.
Some people are dont even know Bitcoin and how do you wanna disappear the paper money Smiley
readygoaw
Full Member
***
Offline Offline

Activity: 406
Merit: 105


View Profile
January 11, 2018, 12:22:36 PM
 #5179

To me, this is not even a question. Paper money has already started dying and has no future. Even if we let aside cryptocurrencies, even the regular fiat has come into the digital mode entirely, with mobile app wallets making the transaction of money a lot easier compared to paper money transactions!

Now paper money is needed. Many countries are very undeveloped and can not refuse them. But I'm sure there will be much less paper money in the future.

                                           D E P O ▬▬▬▬▬▬▬▬▬▬▬▬▬ DEPOSITORY NETWORK | WP   :   ENG   CN   RUS
FOLLOW US: ► TELEGRAM    ► TWITTER                                  The World’s   F i r s t   D e c e n t r a l i z e d
                                                ► LINKEDIN      ► FACEBOOK        BUY DEPO         M u l t i - P l a t f o r m   Collateral   I n f r a s t r u c t u r e
readygoaw
Full Member
***
Offline Offline

Activity: 406
Merit: 105


View Profile
January 11, 2018, 08:58:11 PM
 #5180

To me, this is not even a question. Paper money has already started dying and has no future. Even if we let aside cryptocurrencies, even the regular fiat has come into the digital mode entirely, with mobile app wallets making the transaction of money a lot easier compared to paper money transactions!

Now paper money is needed. Many countries are very undeveloped and can not refuse them. But I'm sure there will be much less paper money in the future.

                                           D E P O ▬▬▬▬▬▬▬▬▬▬▬▬▬ DEPOSITORY NETWORK | WP   :   ENG   CN   RUS
FOLLOW US: ► TELEGRAM    ► TWITTER                                  The World’s   F i r s t   D e c e n t r a l i z e d
                                                ► LINKEDIN      ► FACEBOOK        BUY DEPO         M u l t i - P l a t f o r m   Collateral   I n f r a s t r u c t u r e
Pages: « 1 ... 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 »
  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!