Bitcoin Forum
December 15, 2017, 06:29:12 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 [168] 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 ... 249 »
  Print  
Author Topic: The future of the paper money  (Read 412213 times)
NEWGOODOUBLE
Sr. Member
****
Offline Offline

Activity: 476


View Profile
April 29, 2017, 08:18:57 AM
 #3341

The future of paper money is still bright and shining just like in bitcoin but i think most of the people here think that bitcoin will replace the paper money which is i don't think will happen because there is a lot of problems for bitcoin to be a replacement for paper money like the approval of the government and being anonymous which the government didn't like about bitcoin.

Yes sure, Bitcoin can never replace paper money! But I have doubt if paper money has glorifying future because trend says its use getting decrease day by day whereas bitcoin is being increasingly used. So by percentage change we can say bitcoin doing better than paper money.
You're right paper money is increasingly rarely used. You can see people prefer to use digital money to shop in stores. It means the future of paper money will be bad

"Paper Money  is rarely used"-That made me laugh a bit, where did you take that info from?
Paper money is probably the most used payment method in the world,being used daily by almost every human on earth.
"People prefer to use digital money to shop in stores"- again, where did you get that info from?, 99.99% of the stores on earth doesn't even accept digital currencies.

You should review your message before posing it as it makes nonsense.

I do not say rarely used, I say it is increasingly rarely used. That's different I know most people still use paper money to shop. But many people are starting to migrate from paper money
1513362552
Hero Member
*
Offline Offline

Posts: 1513362552

View Profile Personal Message (Offline)

Ignore
1513362552
Reply with quote  #2

1513362552
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513362552
Hero Member
*
Offline Offline

Posts: 1513362552

View Profile Personal Message (Offline)

Ignore
1513362552
Reply with quote  #2

1513362552
Report to moderator
1513362552
Hero Member
*
Offline Offline

Posts: 1513362552

View Profile Personal Message (Offline)

Ignore
1513362552
Reply with quote  #2

1513362552
Report to moderator
1513362552
Hero Member
*
Offline Offline

Posts: 1513362552

View Profile Personal Message (Offline)

Ignore
1513362552
Reply with quote  #2

1513362552
Report to moderator
Skylake
Full Member
***
Offline Offline

Activity: 164



View Profile
April 29, 2017, 08:31:24 AM
 #3342

digital money more safer than paper money... future is digital concept

both of them is safe, its depending about your privacy, and how you safe it.
if you safe your bitcoin at online wallet then somone hack your account, you will lost too Roll Eyes

HAZZA
■ ▬▬▬▬▬ Bloomberg | CNBC ▬▬▬▬▬ ■ Global Unified Payment Network■ ▬▬▬▬▬▬ Token Sale OCT 3 ▬▬▬▬▬▬ ■
■ ■ ■ Whitepaper | Powerpoint | Website | Twitter | Linkedin | ANN | Bounty ■ ■ ■
Fatanut
Hero Member
*****
Offline Offline

Activity: 756



View Profile
April 29, 2017, 03:26:29 PM
 #3343

digital money more safer than paper money... future is digital concept
The digital money is not safe as of now because there is a lot of things to consider like the security which is very vulnerable for the professional hackers, so if you are planning to place your money in the internet to make it digital then you are risking yourself and you are prone to digital attacks that can lead to money loss.
Right, I think digital money can not be more secure than paper money because digital money is easy to be hacked and stolen, every year I hear hackers attack and steal millions of digital money. The security of digital money is low, I never put too much faith and fortune into digital money, digital money is something very dangerous and using it in real life is very inconvenient. The future of digital money can grow but it is only added as a method of payment, paper money is still the most commonly used currency

Then what are you doing in here? It's ironic that you don't trust digital money and you're thinking that the security is low but you trust bitcoin enough to use it. You should have withdrawn all of your bank money and all of your bitcoins by the time that you realized all that. Yet here you are. Roll Eyes

You hear hackers stealing this and that but that doesn't mean that they are going to steal your money specifically. They would target online wallets or even exchanges. They will target something big. To make your bitcoins safe, which is also a digital money by the way, you should create a desktop wallet or even a paper wallet. You hear in the news people getting hacked and getting tricked, but that's their fault. They didn't secure their money enough.

In addition, your money in the banks are also digital money. But have you heard people that have been using the bank you're using that some of their money just went missing all of a sudden.

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

░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░██████░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░███░░░░░░███░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░██░░░░░░░░░░░░██░░░░░░░░░░░░░░░░
░░░░░░░░░░░██░░░░░░░░░░░░░░██░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░██░░░░░░░░░░░░░░██░░░░░░░░░░░░░░░
░░░░░░░░░░░░██░░░░░░░░░░░░███░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░███░░░░░░█████░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░██████░░░░██░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░

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

██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
gabmen
Hero Member
*****
Offline Offline

Activity: 630

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
April 29, 2017, 03:48:27 PM
 #3344

digital money more safer than paper money... future is digital concept

both of them is safe, its depending about your privacy, and how you safe it.
if you safe your bitcoin at online wallet then somone hack your account, you will lost too Roll Eyes

Well nowadays, you can lose money wherever you put it. Be it in a bank or an online waller, or on a piggy bank at home. Safety would be up to the person himself. You would have to make certain measure to make your savings, either btc or fiat safe from people who would like to take advantage.

icecube45
Hero Member
*****
Offline Offline

Activity: 798


View Profile WWW
April 29, 2017, 03:51:09 PM
 #3345

digital money more safer than paper money... future is digital concept

both of them is safe, its depending about your privacy, and how you safe it.
if you safe your bitcoin at online wallet then somone hack your account, you will lost too Roll Eyes
Safe or not it depends on how we use it, so digital money and paper money are just the same. Both have the potential to disappear, so we must be careful using it. If talking about the future maybe yes it is a digital concept, but in my opinion does not mean paper money will be abandoned. Indeed, the circulation of paper money will be reduced but in some direct transactions I still believe the paper money will still be used. For 10 years from now I'm sure the paper money will still have a big demand.
BeGoods
Hero Member
*****
Offline Offline

Activity: 952



View Profile
April 30, 2017, 06:57:55 AM
 #3346

digital money more safer than paper money... future is digital concept
It's not only that we use because it is safe, what matters is to serve all the people and digital money is not for the poor. Paper money is very simple to use and there is no problem with using it, I guess it is also safe in the sense that your money is not vulnerable to hacks. Depends actually on your status in life, poor people has no interest with digital currency and paper money already gives convenience to them.
I think both have a good reason. Paper money can survive because it is easy to use and simple. But digital money has a good flexibility to carry a lot of money when they go out

Dr.Osh
Hero Member
*****
Offline Offline

Activity: 812


UNIVERSA - BLOCKCHAIN FOR BUSINESS


View Profile
April 30, 2017, 07:13:37 AM
 #3347

digital money more safer than paper money... future is digital concept
It's not only that we use because it is safe, what matters is to serve all the people and digital money is not for the poor. Paper money is very simple to use and there is no problem with using it, I guess it is also safe in the sense that your money is not vulnerable to hacks. Depends actually on your status in life, poor people has no interest with digital currency and paper money already gives convenience to them.
I think both have a good reason. Paper money can survive because it is easy to use and simple. But digital money has a good flexibility to carry a lot of money when they go out

Well, both are very good, especially paper money is currently busy used. Well, maybe now the use of paper money and digital money almost have the same function, but I am sure, someday, people tend to use digital money from paper money.

Theb
Sr. Member
****
Offline Offline

Activity: 406



View Profile
April 30, 2017, 09:21:13 AM
 #3348

digital money more safer than paper money... future is digital concept
It's not only that we use because it is safe, what matters is to serve all the people and digital money is not for the poor. Paper money is very simple to use and there is no problem with using it, I guess it is also safe in the sense that your money is not vulnerable to hacks. Depends actually on your status in life, poor people has no interest with digital currency and paper money already gives convenience to them.
I think both have a good reason. Paper money can survive because it is easy to use and simple. But digital money has a good flexibility to carry a lot of money when they go out

Well, both are very good, especially paper money is currently busy used. Well, maybe now the use of paper money and digital money almost have the same function, but I am sure, someday, people tend to use digital money from paper money.
Digital money is safer from what actually? Because you need to be clear on this kinds of matter because your statement is pretty big saying that is safer in comparison to Fiat Currency. Well let me hand you some examples why Bitcoin is not a safer currency too. Bitcoin is also targeted by people who want to be rich from HYIP site owners to ICOs that are pump and dump. It is no different than Fiat Currency because a lot of people can lose their Bitcoin through this methods even in Gambling and Trading.

FORTUNEJACK.COM[
                            
5 BTC WELCOME PACK FOR 1ST 5 DEPOSITS
FREE 1,000 mBTC daily for LuckyJack winners
[
          
]
Pattart
Hero Member
*****
Offline Offline

Activity: 728



View Profile
April 30, 2017, 10:49:21 AM
 #3349

digital money more safer than paper money... future is digital concept
It's not only that we use because it is safe, what matters is to serve all the people and digital money is not for the poor. Paper money is very simple to use and there is no problem with using it, I guess it is also safe in the sense that your money is not vulnerable to hacks. Depends actually on your status in life, poor people has no interest with digital currency and paper money already gives convenience to them.
I know this will be hard to accept for many people. But I'm sure as time goes by. Technology will progress. And people will start using digital money


Viscore
Hero Member
*****
Offline Offline

Activity: 728



View Profile
April 30, 2017, 11:51:29 AM
 #3350

digital money more safer than paper money... future is digital concept
It's not only that we use because it is safe, what matters is to serve all the people and digital money is not for the poor. Paper money is very simple to use and there is no problem with using it, I guess it is also safe in the sense that your money is not vulnerable to hacks. Depends actually on your status in life, poor people has no interest with digital currency and paper money already gives convenience to them.
I know this will be hard to accept for many people. But I'm sure as time goes by. Technology will progress. And people will start using digital money


The future will be for digital currency so bitcoin has a good chance to be more popular in the future, once the government will massively promote the use of digital currency people will be force to study on how to use it and along the way they will find bitcoin because it is popular in the internet.

.
                                            █                                           
                                           ███                                           
                        ▄▄▄▄▄▄▄▄▄▄        █████        ▄▄▄▄▄▄▄▄▄▄                       
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄███████████████████       ███████       ███████████████████▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                        ▀▀▀▀▀▀▀▀▀▀        █████        ▀▀▀▀▀▀▀▀▀▀                       
                                           ███                                           
                                            █                                           

PROVIDENCE
                            ▄▄▄▄▄▄▄▄▄▄                             
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄███████████████████████████████▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                            ▀▀▀▀▀▀▀▀▀▀                             
.█ █ █ █ █ █ █ █ █ █    █ █ █ █ █ █ █ █ █ █  █ █ █ █ █ █ █  100% Cashless ────
.Physical Crypto Casino & Resort .
      █
     ███
    █████
    ▀███▀
     ▀█▀
▄▄         ▄▄
 █  ▄███▄  █
  ▄███████▄
  ▀ ▀███▀ ▀
     ███
      █
      █

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

      █
     ███
    █████
    ▀███▀
     ▀█▀
www.providence.casino
──────────────────────────────────────
FacebookTwitterTelegram
magmar
Full Member
***
Offline Offline

Activity: 224



View Profile
April 30, 2017, 01:29:33 PM
 #3351

digital money more safer than paper money... future is digital concept
It's not only that we use because it is safe, what matters is to serve all the people and digital money is not for the poor. Paper money is very simple to use and there is no problem with using it, I guess it is also safe in the sense that your money is not vulnerable to hacks. Depends actually on your status in life, poor people has no interest with digital currency and paper money already gives convenience to them.
I know this will be hard to accept for many people. But I'm sure as time goes by. Technology will progress. And people will start using digital money


The future will be for digital currency so bitcoin has a good chance to be more popular in the future, once the government will massively promote the use of digital currency people will be force to study on how to use it and along the way they will find bitcoin because it is popular in the internet.
It has a possibilty to be used as major currency in the future but everything is not certain since it will need a lot of time and money in able to implement that.

▀▀█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ AMLT by Coinfirm ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█▀▀
▬▬▬▬▬▬▬ The Token of Compliance ▬▬▬▬▬▬▬
▖▖▖▖▖▙▗▗▗ Facebook   ❱ ❱  Twitter   ❱ ❰  Telegram▖▖▖▟▗▗▗▗▗
lovesybitz
Sr. Member
****
Offline Offline

Activity: 322



View Profile
April 30, 2017, 05:21:25 PM
 #3352

Paper money is always safe and there is no threat to it from bitcoin as the users of paper money are more in compare to bitcoin and that will continue in future too.
But still we cannot predict what will happen tomorrow, it maybe now paper money was very safe but in the near future
it maybe gone or disappear, though its very hard for the people like that someday it can be replace by digital currency.


          ▄▄█████▌▐█████▄▄
       ▄█████████▌    ▀▀▀███▄
     ▄███████████▌  ▄▄▄▄   ▀██▄
   ▄█████████████▌  ▀▄▄▀     ▀██▄
  ▐██████████████▌  ▄▄▄▄       ▀█▌
 ▐███████████████▌             ▀█▌
 ████████████████▌  ▀▀▀█         ██
▐████████████████▌  ▄▄▄▄         ██▌
▐████████████████▌  ▀  ▀         ██▌
 ████████████████▌  █▀▀█         ██
 ▐███████████████▌  ▀▀▀▀        ▄█▌
  ▐██████████████▌  ▀▀▀▀       ▄█▌
   ▀█████████████▌  ▀▀█▀     ▄██▀
     ▀███████████▌  ▀▀▀▀   ▄██▀
       ▀█████████▌    ▄▄▄███▀
          ▀▀█████▌▐█████▀▀
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
▬◉▬
      ▄▄▄
 ▄▄█████████▄▄
  ▀▀▀▀▀▀▀▀▀▀▀
   █▌▐█ █▌▐█
   █▌▐█ █▌▐█
 ▄███████████▄
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄






▄█████████████▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
███████████████
██▀▀█▀▀████████
▀█████████████▀
rickadone
Hero Member
*****
Online Online

Activity: 812



View Profile
April 30, 2017, 06:22:34 PM
 #3353

Who gets in the way of paper money?
I use them often and I have doubts that they will ever cease to exist. Bitcoin is not a competitor to them. This is a completely different system and it does not need to be compared with fiat.
I totally agree to you. Even if the BTC is a competitor of the paper money still I am not sure it can ever defeat the paper money. Like it is easy to transfer BTC instead of the traditional bank transaction but the use of the paper money is sometimes totally different than that of the digital one. Secondly not all the people of the world are that smart to use digital currency.

.BITSLER.                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄             
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄       
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀   
▀▄            █        ▀▀      █   
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀     
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀               
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
killgald
Full Member
***
Offline Offline

Activity: 196



View Profile
April 30, 2017, 06:37:44 PM
 #3354

I dont believe the paper money will desapear entirely from the planet, maybe in fisrt world countrys but in other parts of the world people believe in what they can saw and felt, for that reasons they need a proof that they have power or money that they can use to buy any kind of goods that they need or want.

bartolo
Hero Member
*****
Offline Offline

Activity: 672



View Profile
April 30, 2017, 06:53:25 PM
 #3355

The future of paper money is simply to disappear, it will not happen tomorrow, it will take some years but it will happen. In a certain way it´s something that has already begun, more and more payments are made with credit cards, debit cards, prepaid cards, etc. The workers receive their salary at the bank and pay their bills without getting the money out of there, there isn´t a movement of physical money, there are no bills changing hands. In various economic forums it´s already talking about a concept, cashless society, there is information on the net of what it supposes, I think that is where the world is going. In fact, Australia seems to be moving in that direction already. http://www.abc.net.au/news/2017-03-27/is-australia-on-the-brink-of-becoming-cashless-society/8377288

paycum
Sr. Member
****
Offline Offline

Activity: 406


View Profile
April 30, 2017, 08:54:37 PM
 #3356

Who gets in the way of paper money?
I use them often and I have doubts that they will ever cease to exist. Bitcoin is not a competitor to them. This is a completely different system and it does not need to be compared with fiat.
I totally agree to you. Even if the BTC is a competitor of the paper money still I am not sure it can ever defeat the paper money. Like it is easy to transfer BTC instead of the traditional bank transaction but the use of the paper money is sometimes totally different than that of the digital one. Secondly not all the people of the world are that smart to use digital currency.
I have seen many people around me who don't even prefer to use credit cards for shopping purposes as they have fear that somebody will hack their account and they prefer to use only paper money as they find it safe easy and most convenient way for shopping.

Japinat
Hero Member
*****
Offline Offline

Activity: 630



View Profile
May 01, 2017, 07:09:48 AM
 #3357

Who gets in the way of paper money?
I use them often and I have doubts that they will ever cease to exist. Bitcoin is not a competitor to them. This is a completely different system and it does not need to be compared with fiat.
I totally agree to you. Even if the BTC is a competitor of the paper money still I am not sure it can ever defeat the paper money. Like it is easy to transfer BTC instead of the traditional bank transaction but the use of the paper money is sometimes totally different than that of the digital one. Secondly not all the people of the world are that smart to use digital currency.
I have seen many people around me who don't even prefer to use credit cards for shopping purposes as they have fear that somebody will hack their account and they prefer to use only paper money as they find it safe easy and most convenient way for shopping.
Credit card is created for convenience but due to some hacking reports it will cause panic to the people because they feel they are risking their reputation and credit line when hack. Well, in reality paper money is more demand than online transactions because those who transact online also uses paper money and as long as there are people in this world who are left behind, paper money will always remain.

redsun114
Hero Member
*****
Offline Offline

Activity: 700


The Fastest Blockchain- ICO 1/12/17 - 7/1/18


View Profile
May 01, 2017, 07:45:09 AM
 #3358

I dont believe the paper money will desapear entirely from the planet, maybe in fisrt world countrys but in other parts of the world people believe in what they can saw and felt, for that reasons they need a proof that they have power or money that they can use to buy any kind of goods that they need or want.
proving the reality and value of bitcoin shouldn't be a problem. but yeah you are also right. for third world and uneducated people it could be difficult to believe in bitcoin. but it is just matter of time as time change the awareness increase and peoples getting more mature to understand and adopt new technologies.
I can't say anything about paper money. but future of bitcoin is very bright.


 
 
 
██               ██     ███          ██     ███████████████              ██                  ▄▄█████▄▄         ███████████████
██               ██     ████         ██     ██                          ████              ▄██▀▀     ▀▀██▄      ██
██               ██     ██ ██        ██     ██                         ██  ██            ██▀           ▀██     ██
██               ██     ██  ██       ██     ██                        ██    ██          ██                     ██
██               ██     ██   ██      ██     ██                       ██      ██        ██                      ██
██               ██     ██    ██     ██     █████████████           ██        ██       ██                      █████████████
██               ██     ██     ██    ██     ██                     ██          ██      ██               ██     ██
██               ██     ██      ██   ██     ██                    ██            ██     ██               ██     ██
██               ██     ██       ██  ██     ██                   ████          ████     ██              ██     ██
██               ██     ██        ██ ██     ██                  ██  ██        ██  ██     ██▄           ▄██     ██
██               ██     ██         ████     ██                 ██    ██      ██    ██     ▀██▄▄     ▄▄██▀      ██
█████████████    ██     ██          ███     ███████████████   ████████████████████████       ▀▀█████▀▀         ███████████████
||
Aikonio
Full Member
***
Offline Offline

Activity: 206



View Profile
May 01, 2017, 07:53:29 AM
 #3359

Who gets in the way of paper money?
I use them often and I have doubts that they will ever cease to exist. Bitcoin is not a competitor to them. This is a completely different system and it does not need to be compared with fiat.
I totally agree to you. Even if the BTC is a competitor of the paper money still I am not sure it can ever defeat the paper money. Like it is easy to transfer BTC instead of the traditional bank transaction but the use of the paper money is sometimes totally different than that of the digital one. Secondly not all the people of the world are that smart to use digital currency.
I have seen many people around me who don't even prefer to use credit cards for shopping purposes as they have fear that somebody will hack their account and they prefer to use only paper money as they find it safe easy and most convenient way for shopping.

Yes, this is a safer way for some purchases. But over time, digital money will replace paper money, because it will be easier to control the incomes and expenses of each person.
deisik
Legendary
*
Online Online

Activity: 1414



View Profile
May 01, 2017, 08:39:53 AM
 #3360

The future of paper money is simply to disappear, it will not happen tomorrow, it will take some years but it will happen

I don't think that we are ever going to live up to that

So it is idle talk mostly. Apart from that, conceptually, paper money is not going anywhere unless there are dramatic changes in society, such changes what would likely change the concept of money itself. Until then there will always be room for ready money, e.g. when you need to pay for something hand-to-hand (and this should not necessarily involve some illicit deals or transactions). I guess you can easily think up a lot of situations where paying with cash will be the most optimal way of payment

Pages: « 1 ... 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 [168] 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 ... 249 »
  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!