Bitcoin Forum
October 16, 2018, 11:20:37 AM *
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 ... 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)
huzurkan
Hero Member
*****
Offline Offline

Activity: 728
Merit: 522


ARIZN - Tokenised Crowdfunding Platform


View Profile WWW
February 16, 2018, 09:33:32 PM
 #5361

I think cryptocurrently and virtualcurrency  will bring the end of paper money in the future. we are in the technology age. The end of the paper money came.


arizn

@@@@@@@@@@@@@@
@@@@@@@@@@@@@@
@@@@@@ ; @@@@@@@
@@@@@@:  #@@@@@@
@@@@@@:   ,@@@@@@
@@@@@+,,     #@@@@@
@@@@@:,      ,@@@@@@
@@@@@,,,      +@@@@@
@@@@@:,       :'@@@@@
@@@@@@:,    ;@@@@@
@@@@@@:   :@@@@@@
@@@@@@ ;@@@@@@@
@@@@@@@@@@@@@@
@@@@@@@@@@@@@@

A TOKENISED CROWD FUNDING PLATFORM
Facebook Twitter Youtube Instagram Website Wallet Telegram Whitepaper
████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
PRE-ICO
40% BONUS

until 26/07/2018
1539688838
Hero Member
*
Offline Offline

Posts: 1539688838

View Profile Personal Message (Offline)

Ignore
1539688838
Reply with quote  #2

1539688838
Report to moderator
1539688838
Hero Member
*
Offline Offline

Posts: 1539688838

View Profile Personal Message (Offline)

Ignore
1539688838
Reply with quote  #2

1539688838
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1539688838
Hero Member
*
Offline Offline

Posts: 1539688838

View Profile Personal Message (Offline)

Ignore
1539688838
Reply with quote  #2

1539688838
Report to moderator
1539688838
Hero Member
*
Offline Offline

Posts: 1539688838

View Profile Personal Message (Offline)

Ignore
1539688838
Reply with quote  #2

1539688838
Report to moderator
EnormousCoin101
Full Member
***
Offline Offline

Activity: 348
Merit: 100


KubitX - FIRST TRULY GLOBAL EXCHANGE


View Profile
February 16, 2018, 09:34:11 PM
 #5362

A half of the world's population lives below poverty line - how can you expect all them to get rid of paper money and start using credit cards or even cryptocurrencies? I believe the world will be using paper money for a long time - 20-30 years, not less

You have a point that most of the people in third world countries are unbanked people or doesn't have access to credit cards because they need to submit lots of requirements but if you look on the other side people can easily access the internet, means that if blockchain technology was explain to them then they can adopt these new technology and use it as an alternative for credit cards.

PranDoW
Sr. Member
****
Offline Offline

Activity: 378
Merit: 252


View Profile WWW
February 16, 2018, 09:34:39 PM
 #5363

PAper money has not any future. In some years it will completely replaced by card or maybe crypto. who knows?

memority
▄▄▄█████▄▄▄
▄▄██▀▀▀     ▀▀▀██▄▄
▄██▀▀             ▀▀██▄
██▀                   ▀██
██               ▄▄██    ██
██            ▄▄██████     ██
▐█         ▄▄████▀█████      █▌
██     ▄▄████▀▀ ▄█████       ██
▐█   ▀████▀ ▄▄███████        █▌
██      █ ██████████       ██
██     █ █▀   ▀▀███      ██
██▄             ▀▀    ▄██
▀██▄▄             ▄▄██▀
▀▀███▄▄     ▄▄███▀▀
▀▀▀█████▀▀▀
JOIN OUR ICO
GITHUB   TWITTER  FACEBOOK  BITCOINTALK
  MAY  31st
  WHITEPAPER 
RebelSnake
Newbie
*
Offline Offline

Activity: 17
Merit: 0


View Profile
February 16, 2018, 09:43:08 PM
 #5364

Just one reason, because of which paper money (if we speak about national currency) can disappear its lack of the resources that its have been supported by, but it's unreal, I think. If speak about paper money as pictures on a paper with a different protection marks - the whole world use debit cards and can buy and sell something with its help. Paper money can disapper after several generations, but national currency will be exist untill economy of different states exist.
bitchubitchu
Newbie
*
Offline Offline

Activity: 180
Merit: 0


View Profile
February 17, 2018, 12:57:16 AM
 #5365

I think it takes some time to change the paper money we are using right now to cryptocurrency.But we don't know will happen in the next 20 years..
stadus
Legendary
*
Offline Offline

Activity: 1064
Merit: 1000



View Profile
February 17, 2018, 03:02:11 AM
 #5366

I think it takes some time to change the paper money we are using right now to cryptocurrency.But we don't know will happen in the next 20 years..
You can change the system easily but it would not happen because people are still not gonna change.
This world is compose of a big population and part of the population are the people who are living in poverty which means they are far from
the development and they do not need an online money when they have convenience with paper money.

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

█ █████  ▀▀ █▄▄▄▄▄▄▄█████ █
█ █████  ▄▄▄▄▄▄▄▄▄  █████ █
█ █████  ▄▄▄▄▄▄▄▄▄  █████ █
█ █████  ▄▄▄▄▄▄▄▄▄  █████ █
█ █████  ▄▄▄▄▄▄▄▄▄  █████ █
█ █████             █████ █
█ ███████████████████████ █
▀█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█▀
▄█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█▄
█ ███████████████████████ █
█ ███████████████████████ █
█ ████▀███████▀   ▀▀▀▄███ █
█ ███▌  ▀▀███▌       ▄███ █
█ ███▀               ████ █
█ ███▄              █████ █
█ ████▄            ██████ █
█ █████▄▄        ▄███████ █
█ ████▄       ▄██████████ █
█ ███████████████████████ █
█ ███████████████████████ █
▀█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█▀
▄█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█▄
█ ███████████████████████ █
█ ███████████████████████ █
█ ████████████████▀▀█████ █
█ ███████████▀▀▀    █████ █
█ ██████▀▀▀   ▄▀   ██████ █
█ ███▄     ▄█▀     ██████ █
█ ██████▄ █▀      ███████ █
█ ███████▌▐       ███████ █
█ ████████ ▄██▄  ████████ █
█ ██████████████▄████████ █
█ ███████████████████████ █
▀█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█▀
▄█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█▄
█ ███████████████████████ █
█ ███████████████████████ █
█ ███▄    ███████▀   ▄███ █
█ ████▌    █████▀    ████ █
█ ████▌     ███▀     ████ █
█ ████▌▐█    █▀ █    ████ █
█ ████▌▐██     ██    ████ █
█ ████▌▐███   ███    ████ █
█ ███▀  ▀███ ███▀    ▀███ █
█ ███████████████████████ █
█ ███████████████████████ █
▀█▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█▀
██..JOIN SPORTSFIX..
Semosuchi Tesongrato
Member
**
Offline Offline

Activity: 308
Merit: 29

GigTricks


View Profile
February 17, 2018, 10:36:28 AM
 #5367

Probably in relatively short time paper money will cease to exist.
But this doesn't mean that there will be a general bitcoin acceptation. More likely, governments will try to force people to use electronic centralized fiat money, as in Swedish. But this is the exact opposite of crypto.

Sled
Hero Member
*****
Offline Offline

Activity: 938
Merit: 500

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
February 17, 2018, 02:58:28 PM
 #5368

Probably in relatively short time paper money will cease to exist.
But this doesn't mean that there will be a general bitcoin acceptation. More likely, governments will try to force people to use electronic centralized fiat money, as in Swedish. But this is the exact opposite of crypto.
That will happen in the future for sure because the government cannot just let the cryptocurrency take over the whole financial market because they will try to do something also in order to attract their people or citizen to use their currency and that is by creating their own digital money but the only difference is they will make it as a centralized cryptocurrency.

Kisanaq
Sr. Member
****
Offline Offline

Activity: 630
Merit: 277


View Profile
February 17, 2018, 03:04:41 PM
 #5369

The presence of bitcoin or cryptocurrency makes many governments worry because it will make paper money disappear, but I'm sure this will not happen because paper money is fully protected by the state, so the state will do anything to keep paper money.

waiting
Magister Magus
Member
**
Offline Offline

Activity: 266
Merit: 33


View Profile
February 18, 2018, 07:52:20 PM
 #5370

Most people don't understand that governments would like to ban paper money more than bitcoin!
All the reasons to ban bitcoin (it's untraceable, you can finance terrorism, you can make money laundering, ecc) is true also - and much more - for paper money.
So, even if they can't ban it directly, they try to convince the population to use electronic money, and - as someone already said - in Swedish in a lot of shops you can pay only with credit cards.
(btw, even in US if you pay much more than some hundreds dollars in cash, you become suspect)

So, in short time probably paper money will disappear, replaced by some kind of electronic money.

So, the real question it: this new money will be decentralized (freedom) or centralized(slavery)?

We'll see, but it's up to us to give a contribution to the war. It will be a bloody one.

▂▂▃▅▇ EVO - THE WORLD OF SELF-DEVELOPMENT ▇▅▃▂▂
MEDIUM    ●  LINKEDIN  ●TELEGRAM ◄  Blockchain platform for assessing and developing human skills  ▶ TWITTER  ● FACEBOOK  ●
WHITEPAPER
Denveru
Newbie
*
Offline Offline

Activity: 46
Merit: 0


View Profile
February 18, 2018, 07:58:27 PM
 #5371

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 now plays an important role in our lives. But more and more transactions become non-cash. It seems to me that the paper money still existed for about 20 years
IsabelCornd
Newbie
*
Offline Offline

Activity: 154
Merit: 0


View Profile
February 18, 2018, 09:00:55 PM
 #5372

Paper money is almost done. I heard than in few years europe want to stop using paper money and change everything into digital. It's much more easier to chek.
OracionSeis
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500


View Profile
February 18, 2018, 10:26:17 PM
 #5373

The presence of bitcoin or cryptocurrency makes many governments worry because it will make paper money disappear, but I'm sure this will not happen because paper money is fully protected by the state, so the state will do anything to keep paper money.
As long as the cryptocurrency world doesn't effect the monetary system of the government, the government won't need to spend many capacities to ban the cryptocurrency. However, if the government think crypto is the enemy of their system, they will ban crypto.

Time off to sleep ... ( ̄︶ ̄)~
yepaiyique2
Jr. Member
*
Offline Offline

Activity: 126
Merit: 3

Get Paid to Play your Media on Current


View Profile
February 19, 2018, 01:14:52 AM
 #5374

Currency popular yuan on the one hand, it is people's dissatisfaction with legal tender spamming, inflation, on the other hand, the currency has a decentralized, anonymity, transaction convenient wait for a characteristic, the equivalent of a virtual gold.

Due to many governments' resistance to BTC and people's understanding of BTC, legal tender is the main way of trading for a long time.

▃▃  ────▾ CURRENT ▾────  ▃▃
█ ▁ Get Paid to Play All Your Media ▁ █ (http://current.us/)
Lubang Bawah
Sr. Member
****
Offline Offline

Activity: 588
Merit: 250



View Profile
February 19, 2018, 04:28:30 AM
 #5375

A half of the world's population lives below poverty line - how can you expect all them to get rid of paper money and start using credit cards or even cryptocurrencies? I believe the world will be using paper money for a long time - 20-30 years, not less
I'm sure more than 100 years of paper money can survive, poverty will never be eliminated and can only be reduced, in addition to internet access and education becomes an important thing to be able to make money disappear paper.



                                            ▄████▀
████▄               ▄████       ▗▟██████████████▄    ▐██████████████████▙▖
██████▖           ▗██████     ▗▟██████████████████▄  ▐████████████████████▌
███████▙         ▟███████    ▄█████          ▀████▀  ▐████            ▀████
█████████▖     ▗█████████   ▐████▀             ▀▀    ▐████            ▄███▌
█████▀████▙   ▟████▀█████   ████▌                    ▐███████████████████▌
█████ ▝█████▄█████▘ █████  ▐████                     ▐████████████████████▙▖
█████   ▜███████▛   █████   ████▌                    ▐████            ▀█████▖
█████    ▝█████▘    █████   ▐████▄            ▄██▄   ▐████             ▐█████
█████      ▀█▀      █████    ▀█████▄▄▄▄▄▄▄▄▄▄██████  ▐████            ▄█████▌
█████               █████     ▝██████████████████▀   ▐█████████████████████▛
█████               █████     ▄████████████████▀     ▐███████████████████▛▘
                             ▀▀▀▀▀▀
MyCryptoBank
CRYPTOBANK FOR CRYPTOCOMMUNITY
.
Legal and Reliable Crypto Bank

▄███████████▄     
██▀       ▐█▀█▄   
██        ▐█  ▀█▄ 
██        ▐█    ▀█▄
██        ▝▀▀▀▀▀▀██
██               ██
██  ███████████  ██
██               ██
██  ██████       ██
██               ██
██▄             ▄██
▀█████████████████▀
WHITEPAPER ──────────────────────────
.
aliceayag
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
February 19, 2018, 04:30:04 AM
 #5376

Paper money is a standard..
Sanitough
Hero Member
*****
Offline Offline

Activity: 840
Merit: 500



View Profile
February 19, 2018, 04:53:33 AM
 #5377

Paper money is a standard..
Exactly, that is why I believe although in the future the trend will be online or digital money but still majority of the people
are using paper money because it's easier and it's hard to educate people to use online currency.
This will only give us another option for transaction and digital currency really help as the world is moving fast nowadays.

dewdew1
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
February 19, 2018, 05:00:08 AM
 #5378

I want money สมัครufabet
MMS2017
Full Member
***
Offline Offline

Activity: 413
Merit: 100



View Profile
February 19, 2018, 06:23:08 AM
 #5379

The future of the paper money is good and it will still used by the world the bitcoin is good to use for now and the people who are interested in the crypto then they will use these crypto and the paper money is used by 98% of the world population the banking industry is circulating the cash in the economies and bitcoin is the one which is not older than the paper money while in the paper money it works offline So the future of paper money is just like now.

balintong15
Newbie
*
Offline Offline

Activity: 112
Merit: 0


View Profile
February 19, 2018, 07:00:50 AM
 #5380

the future of the paper money i guess is not substantial and valuable as its value as now. some people do prefer checks or swipe just like the atm for them to not spend much. because if you have money or cash on hand, you did not know what and where to spend the money but with atm there is a limitation so that you can not spend much. so, paper money i guess will faded as the characters that imprinted on them.
Pages: « 1 ... 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!