Bitcoin Forum
October 20, 2018, 08:28:06 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 ... 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 414997 times)
wareen
Millionaire
Legendary
*
Offline Offline

Activity: 910
Merit: 1001

Revolutionizing Brokerage of Personal Data


View Profile
February 10, 2018, 06:00:00 PM
 #5321

The future of our money, I think, it will dissolve. As we can see, bitcoins and other form of virtual money invented fast and fast. We can consider now that our paper money will be obsolete and we will having a new technology for our next generations of new technology.

In reality, Bitcoin and other cryptocurrency are not still introduced all country throughout the world to be used for our daily life. Their still nation bans the cryptocurrency, so I conclude that paper money still the most powerful currency. It will be time to replace the paper money, or we have three kinds of the payments. Paper money, Credit or debit card and the last is digital currency. We just continue to believe and trust the cryptocurrency, and we shall see the future what will happen on this matter.
All of the nations should first regulate cryptocurrencies in their country. There are still countries that are not recognizing bitcoin as a money. Bitcoin will not become international currency if there are countries are still banning bitcoins.
I did not wait this future, Bitcoin can not become an international currency, because it can not provide enough capaty to confirm huge transaction from all people on the world. Only hundreds of thousands transactions made the Bitcoin network congestion, I do not hope much about the Bitcoin future in monetary system.

        ▄▄▀▀▄▄
    ▄▄▀▀▄▄██▄▄▀▀▄▄
▄▄▀▀▄▄█████▄████▄▄▀▀▄▄
█▀▀█▄█████████████
█▄▄████▀   ▀██████
███████     █▄████
█████▀█▄   ▄██████
█▄█████▌   ▐█████
█████▀█     ██████
██▄███████████████
▀▀▄▄▀▀█████▀████▀▀▄▄▀▀
    ▀▀▄▄▀▀██▀▀▄▄▀▀
        ▀▀▄▄▀▀
.PDATA..
.
TOKEN..
██
██
██   ██
██   ██
██   ██
██   ██
██   ██
██   ██

██   ██
██   ██

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

██  ██
██  ██

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

██   ██
██   ██

██   ██
██
██
TELEGRAM     BITCOINTALK     FACEBOOK
MEDIUM    SLACK    TWITTER    YOUTUBE
▬▬▬▬▬▬▬   E M A I L   ▬▬▬▬▬▬▬
██
██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██

██  ██
██  ██

██  ██
██
██
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1540067286
Hero Member
*
Offline Offline

Posts: 1540067286

View Profile Personal Message (Offline)

Ignore
1540067286
Reply with quote  #2

1540067286
Report to moderator
Bacotan Bae
Sr. Member
****
Offline Offline

Activity: 504
Merit: 252



View Profile
February 10, 2018, 06:58:26 PM
 #5322

I am sure that the future of paper money will continue to improve although the use of digital money continues to increase, this is because all transactions can be done with paper money but not all transactions can be done digital money or cryptocurrency, for example is a transaction in the forest or the middle of the sea that no have internet access.


Philanthor.com
 



▬▬▬▬▬▬▬ ❤ ❤ ▬▬▬▬▬▬▬▬▬ ❤ ❤ ▬▬▬▬▬▬▬▬▬ ❤ ❤ ▬▬▬▬▬▬▬▬ ❤ ❤ ▬▬▬▬▬▬▬▬
 



TOKEN SALE IS LIVE
JOIN NOW
BigDig
Member
**
Offline Offline

Activity: 285
Merit: 10

DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO


View Profile
February 10, 2018, 07:26:50 PM
 #5323

most likely, paper money will simply disappear as useless. governments will try to keep them because it is such a convenient tool for control. but the progress will not go away and it is already clear that the age of paper money is coming to an end.

Xenoph0bia
Hero Member
*****
Offline Offline

Activity: 980
Merit: 501



View Profile
February 10, 2018, 07:51:37 PM
 #5324

I am sure that the future of paper money will continue to improve although the use of digital money continues to increase, this is because all transactions can be done with paper money but not all transactions can be done digital money or cryptocurrency, for example is a transaction in the forest or the middle of the sea that no have internet access.
The future of paper money is fully safe and secured.The paper money is used by the whole population in the world.Paper money can be given used by an illiterate.It does not require any internet connection unlike cryptocurrency which is operated by internet.Paper money is also supported by the government and Central Bank as it is centralised and sable.All the transactions are done through the paper money only and it is accepted internationally.Paper money can be used be used anywhere and anytime.
Zach707
Newbie
*
Offline Offline

Activity: 210
Merit: 0


View Profile
February 12, 2018, 08:58:29 AM
 #5325

I prefer paper money to transact directly because it is easier to use than digital money. perhaps my opinion represents some people who have not understood the technology. Digital money will work but it certainly takes a very long time to completely replace the digital money..
Agree with you mate. Right now when not much of the people are aware of the digital currency it would be so hard to use it. The people are used in using the paper money. Shifting to digital currency may take some time but at least we are going to that direction. In the near future, digital currency will be a common thing and it would be easy to use.
_Legendary_
Sr. Member
****
Offline Offline

Activity: 557
Merit: 251



View Profile
February 12, 2018, 10:19:24 AM
 #5326

I prefer paper money to transact directly because it is easier to use than digital money. perhaps my opinion represents some people who have not understood the technology. Digital money will work but it certainly takes a very long time to completely replace the digital money..
Agree with you mate. Right now when not much of the people are aware of the digital currency it would be so hard to use it. The people are used in using the paper money. Shifting to digital currency may take some time but at least we are going to that direction. In the near future, digital currency will be a common thing and it would be easy to use.
Yes true, even so the paper money will continue to survive even though the volume is very small, I am sure that all countries will not prohibit the use of paper money even though the dominance of digital money is very strong.

            █████████████████████████████████     █████████████████████████████████
           █████████████████████████████████     █████████████████████████████████
          █████████████████████████████████     █████████████████████████████████
         ███████
        ███████
       █████████████████████████████████
     █████████████████████████████████
      █████████████████████████████████     █████████████████████████████████
     █████████████████████████████████     █████████████████████████████████
                              ███████     ███████
                             ███████     ███████
  █████████████████████████████████     ███████
 █████████████████████████████████     ███████
█████████████████████████████████     ███████
██▄█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█▄
█ ███████████████████████ █
█ █████     █ ▀██████████ █
█ █████     █   ▀████████ █
█ █████  ██ █     ▀██████ █

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











█▄▄▄
.
JOIN SPORTSFIX
▀▀▀█











▄▄▄█
Tukang Becak
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500



View Profile
February 12, 2018, 11:08:47 AM
 #5327

I prefer paper money to transact directly because it is easier to use than digital money. perhaps my opinion represents some people who have not understood the technology. Digital money will work but it certainly takes a very long time to completely replace the digital money..
Yes true, for direct transactions certainly paper money more quickly and practically, let alone do not need the internet so the transaction does not need to wait. besides that many things that can not be done with digital money for example is a transaction with a small value.

            █████████████████████████████████     █████████████████████████████████
           █████████████████████████████████     █████████████████████████████████
          █████████████████████████████████     █████████████████████████████████
         ███████
        ███████
       █████████████████████████████████
     █████████████████████████████████
      █████████████████████████████████     █████████████████████████████████
     █████████████████████████████████     █████████████████████████████████
                              ███████     ███████
                             ███████     ███████
  █████████████████████████████████     ███████
 █████████████████████████████████     ███████
█████████████████████████████████     ███████
██▄█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█▄
█ ███████████████████████ █
█ █████     █ ▀██████████ █
█ █████     █   ▀████████ █
█ █████  ██ █     ▀██████ █

█ █████  ▀▀ █▄▄▄▄▄▄▄█████ █
█ █████  ▄▄▄▄▄▄▄▄▄  █████ █
█ █████  ▄▄▄▄▄▄▄▄▄  █████ █
█ █████  ▄▄▄▄▄▄▄▄▄  █████ █
█ █████  ▄▄▄▄▄▄▄▄▄  █████ █
█ █████             █████ █
█ ███████████████████████ █
▀█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█▀
▄█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█▄
█ ███████████████████████ █
█ ███████████████████████ █
█ ████▀███████▀   ▀▀▀▄███ █
█ ███▌  ▀▀███▌       ▄███ █
█ ███▀               ████ █
█ ███▄              █████ █
█ ████▄            ██████ █
█ █████▄▄        ▄███████ █
█ ████▄       ▄██████████ █
█ ███████████████████████ █
█ ███████████████████████ █
▀█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█▀
▄█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█▄
█ ███████████████████████ █
█ ███████████████████████ █
█ ████████████████▀▀█████ █
█ ███████████▀▀▀    █████ █
█ ██████▀▀▀   ▄▀   ██████ █
█ ███▄     ▄█▀     ██████ █
█ ██████▄ █▀      ███████ █
█ ███████▌▐       ███████ █
█ ████████ ▄██▄  ████████ █
█ ██████████████▄████████ █
█ ███████████████████████ █
▀█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█▀
▄█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█▄
█ ███████████████████████ █
█ ███████████████████████ █
█ ███▄    ███████▀   ▄███ █
█ ████▌    █████▀    ████ █
█ ████▌     ███▀     ████ █
█ ████▌▐█    █▀ █    ████ █
█ ████▌▐██     ██    ████ █
█ ████▌▐███   ███    ████ █
█ ███▀  ▀███ ███▀    ▀███ █
█ ███████████████████████ █
█ ███████████████████████ █
▀█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█▀
██..JOIN SPORTSFIX..
Florc41
Newbie
*
Offline Offline

Activity: 63
Merit: 0


View Profile
February 12, 2018, 11:55:32 AM
 #5328

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?


Paper money in the future will not be totally eliminated but there will be reduction in its usage.

Like in India, the country is not aiming for a "cashless society" but instead a "less cash" country.

The US is more on cards, most of their transactions are processed through cards.

Digital currency like bitcoin has it flaws like transaction charges, security and bank risk where your account is in.

Digital money might replace major cash-based transaction but not totally.


Questat
Hero Member
*****
Offline Offline

Activity: 826
Merit: 500



View Profile
February 13, 2018, 08:07:57 AM
 #5329

I prefer paper money to transact directly because it is easier to use than digital money. perhaps my opinion represents some people who have not understood the technology. Digital money will work but it certainly takes a very long time to completely replace the digital money..
Yes true, for direct transactions certainly paper money more quickly and practically, let alone do not need the internet so the transaction does not need to wait. besides that many things that can not be done with digital money for example is a transaction with a small value.
That's true because transacting online is very expensive, maybe the blockchain is the solution but we need to see the lower cost
of transaction fee now, until this will be solve, this would not be useful for the majority of people.

pluMmet
Sr. Member
****
Offline Offline

Activity: 602
Merit: 251



View Profile
February 13, 2018, 09:59:54 AM
 #5330

most likely, paper money will simply disappear as useless. governments will try to keep them because it is such a convenient tool for control. but the progress will not go away and it is already clear that the age of paper money is coming to an end.
But I think paper money will survive until whenever because the paper money has existed since long and easy received by all the, different with money digital that not everyone could accept because it is not a bit of those who do not understand the digital don’t even know at all the existence of paper money would not be replaced and will be the main as a tool payment
goldcoinminer
Hero Member
*****
Offline Offline

Activity: 924
Merit: 500



View Profile
February 14, 2018, 08:43:35 AM
 #5331

most likely, paper money will simply disappear as useless. governments will try to keep them because it is such a convenient tool for control. but the progress will not go away and it is already clear that the age of paper money is coming to an end.
But I think paper money will survive until whenever because the paper money has existed since long and easy received by all the, different with money digital that not everyone could accept because it is not a bit of those who do not understand the digital don’t even know at all the existence of paper money would not be replaced and will be the main as a tool payment
It's the government creation so definitely it will survive because if not the world would not be a better place to live.
Online currency are invented to fast track online transactions but we cannot deny that majority of the population are still using paper money for their
daily transaction.

            ▄▄█████▄▄
         ▄▄███████████▄▄
      ▄▄█████████████████▄▄
   ▄▄███████████████████████▄▄
 ▄█████████████████████████████▄
█████████████████████████████████
█████████████████████████████████
████████▀▀  ▀██▀       ▀▀████████
███████  ▄████  ███████▄  ███████
███████ █████  ██████████ ███████
███████ ██████████  █████ ███████
███████  ▀███████  ███▀   ███████
████████▄▄        ██   ▄▄████████
█████████████████████████████████
█████████████████████████████████
 ▀█████████████████████████████▀
   ▀▀███████████████████████▀▀
      ▀▀█████████████████▀▀
         ▀▀███████████▀▀
            ▀▀█████▀▀




.THRIVING CRYPTOCURRENCY..
.MARKET WITH CRYPTOBONDS..

▄▄▄▄  ▄▄▄ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ▄▄▄  ▄▄▄▄
████
██
██
██
██
██
██
██
██
██
██
██
██

INITIAL COIN OFFERING
SEPTEMBER 30

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

...READ THE....
.WHITEPAPER.



        ▄▄████████▄▄
     ▄████████████████▄
   ▄████████████████████▄
  ███████████████▀▀  █████
 ████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
 ████████ █ ▄███▄   ███████
  ████████████████▄▄██████
   ▀████████████████████▀
     ▀████████████████▀
        ▀▀████████▀▀
TWITTER
FACEBOOK
MEDIUM
REDDIT
GITHUB
SLACK
Konyox
Member
**
Offline Offline

Activity: 308
Merit: 10


View Profile
February 14, 2018, 09:13:22 AM
 #5332

It is hard to know for what will happen with the paper money and that can be very risky, but I think that paper money will have not that bad future later.
Many people are using now paper money, and you can of course see that there is not more people using Bitcoin and that is because the world is becoming more digital.

There is no possibility that paper money will disappear in the future, there are a lot of people that is still using it.
Tsugihara
Newbie
*
Offline Offline

Activity: 48
Merit: 0


View Profile
February 14, 2018, 09:55:13 AM
 #5333

actually bitcoin is better than physical money, and maybe bitcoin will also really be the money of the future. But besides that there are still many people who do not understand about digital money.
@minajeryll
Newbie
*
Offline Offline

Activity: 130
Merit: 0


View Profile
February 15, 2018, 12:28:04 PM
 #5334

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?

Paper money will not be banned entirely because crypto or specifically bitcoin is still banned in some countries. I still preferred holding my money in my palm, the feeling is still different. Tho I'm not saying that bitcoin is not good.
Firefox07
Full Member
***
Offline Offline

Activity: 420
Merit: 100



View Profile
February 15, 2018, 12:52:42 PM
 #5335

Paper money will remain in this world. Especially for those countries who banned cryptocurrency in their place. But i think paper money will not use in the future in countries that start cryptos as mode of payment.

⚫ ▬▬     V T O S   |   Decentralized CDN & Social Network     ▬▬ ⚫
  Whitepaper    JOIN OUR ICO  >  MAY 28th  <
FACEBOOK               MEDIUM               TWITTER               GITHUB               TELEGRAM
Coins and Hardwork
Full Member
***
Offline Offline

Activity: 224
Merit: 101


View Profile
February 15, 2018, 01:01:18 PM
 #5336

actually bitcoin is better than physical money, and maybe bitcoin will also really be the money of the future. But besides that there are still many people who do not understand about digital money.

You can't blame them. There are a lot of people who do not really know what bitcoin is and other digital currencies. Some of them are busy to their lives, some of them are not interested in such technology and most of them are not really using such technology in their lives and are just using some like radios and mobile phones which I see most of the time in our place since we are just a province in a third world country.

[ PROFEDE ]   DECENTRALIZED PROFESSIONAL PROTOCOL
WEBSITE | WHITEPAPER | TELEGRAM | FACEBOOK | TWITTER | ANN
oreocuy
Member
**
Offline Offline

Activity: 354
Merit: 10


View Profile
February 15, 2018, 01:30:06 PM
 #5337

The future of paper money is very good .. Paper money will continue to be used forever .. Paper money has a perfect support system that evolved from year to year that has been very attached to people's lives every day .. I am very confident if it will never be able to replace the money paper ..

ScroodjMoney
Member
**
Offline Offline

Activity: 210
Merit: 10


View Profile
February 15, 2018, 01:39:04 PM
 #5338

It will take a long time to paper money die and it's a steady progress but some countries already use more credit cards in compare with paper money.
gabbiee
Full Member
***
Offline Offline

Activity: 167
Merit: 105



View Profile
February 15, 2018, 01:39:36 PM
 #5339

Paper money will remain in this world. Especially for those countries who banned cryptocurrency in their place. But i think paper money will not use in the future in countries that start cryptos as mode of payment.
You're right, especially when the poverty still exist in this world, paper money will always be there. It will be hard for third world countries to adopt these kind of changes with the way we pay goods and services. It will take a long time before cryptocurrencies will take over paper money, it is not even in the near future.

_____________________A I T H E O N_____________________       [   JOIN THE WHITELIST   ]
The digital ecosystem simplifying your world through A.I., robotic, and human symbiosis
██ ███     WHITEPAPER     |     TELEGRAM     |     TWITTER     |     INSTAGRAM     ███ ██
marroxas
Jr. Member
*
Offline Offline

Activity: 94
Merit: 1


View Profile
February 15, 2018, 01:42:52 PM
 #5340

I am sure that the future of paper money will continue to improve although the use of digital money continues to increase, this is because all transactions can be done with paper money but not all transactions can be done digital money or cryptocurrency, for example is a transaction in the forest or the middle of the sea that no have internet access.
Pages: « 1 ... 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!