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Author Topic: The future of the paper money  (Read 416529 times)
uniquefighter
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December 09, 2017, 07:40:30 PM
 #4881

Living in a digital generation where we are doing something that needed a technology and device, I think we can spend, buy anything with the use of internet and only in a few years paper money would not be used by people. We still have fuat currencies but it can also be accessed through internet connection.
Paper money will of course exist in the future. And that will be no problem and many people will use it of course in the future, they need it.
We all hope also that more people will use Bitcoin more in the future and that it will becoming more popular.
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Jastyn
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December 09, 2017, 08:14:27 PM
 #4882

for crypto currency the future only needs to remove all the extra scam
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December 09, 2017, 08:48:29 PM
 #4883

Living in a digital generation where we are doing something that needed a technology and device, I think we can spend, buy anything with the use of internet and only in a few years paper money would not be used by people. We still have fuat currencies but it can also be accessed through internet connection.
yeah you are right that we need to built digital devices for this purpose .because every think is going really fast with the modernization of world.we need to realized that the price and the importance of the bitcoin is increasing and according to me if the bitcoin or the digital currency will become more famous in this era then the paper money will become the part of the history in different countries. For me it is more easy to use the digital current than using the paper money because it is getting more space and easy to pay even staying at home sp I think the coming time is the time of the digital currency.and next era is totally  changed from this one in the means of using different type of things instead of taking money or fiat with you.
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December 10, 2017, 04:30:09 AM
 #4884

Living in a digital generation where we are doing something that needed a technology and device, I think we can spend, buy anything with the use of internet and only in a few years paper money would not be used by people. We still have fuat currencies but it can also be accessed through internet connection.
Paper money will of course exist in the future. And that will be no problem and many people will use it of course in the future, they need it.
We all hope also that more people will use Bitcoin more in the future and that it will becoming more popular.
There are more users of paper money than digital currency, those who are using digital currency are also using paper money but most of the users of paper money has no idea about digital currency, I am talking about the world's entire population so there is no way paper money will vanished and this world will become a cashless world.

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Esiunin
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December 10, 2017, 05:41:16 AM
 #4885

The main instrument of retail payments throughout the world is, as is known, paper money or cash, and they will remain the main means of payment for a long time. Many economists are inclined to believe that in the future paper money, banknotes and checks will disappear altogether and they will be replaced by electronic inter-bank transactions. Money will remain, but become "invisible."
ivakar
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December 10, 2017, 05:48:27 AM
 #4886

We all see the world is revolutionizing day and night with crazy fast  speed and every day new inventions are being brought in. With currencies, there have been several revolutions already. For example dating back to the days barter trade was the norm, then there came precious stones and other metals. After that the coins were invented and then the paper money also came in.
Right now as we were still using these paper money, electronic transfers and credit cards came in. Now we see that we have electronic money and crypto-currencies and the paper money. So I believe, that the paper money currency might decrease in it's usage, but will not disappear in short term. But hey they have to go..
stayeduptolate
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December 10, 2017, 07:09:24 AM
 #4887

We all see the world is revolutionizing day and night with crazy fast  speed and every day new inventions are being brought in. With currencies, there have been several revolutions already. For example dating back to the days barter trade was the norm, then there came precious stones and other metals. After that the coins were invented and then the paper money also came in.
Right now as we were still using these paper money, electronic transfers and credit cards came in. Now we see that we have electronic money and crypto-currencies and the paper money. So I believe, that the paper money currency might decrease in it's usage, but will not disappear in short term. But hey they have to go..
Paper money or fiat currency has been established from a very long time.The whole world uses paper money.All the transactions all over the world are done through the fiat currency only.Paper money is accepted internationally.Now one can queetion the authority of paper money.The future of paper money is fully secured and no other assest or cryptocurrency can ever overtake it.The central bank maintains the integrity and authority of the fiat currency always.
OracionSeis
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December 10, 2017, 04:29:49 PM
 #4888

Living in a digital generation where we are doing something that needed a technology and device, I think we can spend, buy anything with the use of internet and only in a few years paper money would not be used by people. We still have fuat currencies but it can also be accessed through internet connection.
Paper money will of course exist in the future. And that will be no problem and many people will use it of course in the future, they need it.
We all hope also that more people will use Bitcoin more in the future and that it will becoming more popular.
There are more users of paper money than digital currency, those who are using digital currency are also using paper money but most of the users of paper money has no idea about digital currency, I am talking about the world's entire population so there is no way paper money will vanished and this world will become a cashless world.
It's just only about the numbers of users in paper money and digital currency, you don't know the numbers of user of cryptocurrency are less than those currencies. In the fact, the future of paper money is still good and long time, because there is no way to use money without internet unless paper money.

Time off to sleep ... ( ̄︶ ̄)~
cryptosy
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December 10, 2017, 04:42:08 PM
 #4889

Paper money will never go away. Just look at how much people are tied to do all their payments with paper/cash money.

In well developed countries there is no real need anymore for paper money as we do nearly all our payments via the internet, but that doesn't mean that paper money at some point will go away.
THAHIRHAJI
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December 10, 2017, 04:45:16 PM
 #4890

The future of the paper money is going to be drastically reduced day by day it is getting less in usage as online shopping and the accepted of visa, master, paypal it is controlled earlier. Now due to the cryptocurrency bitcoin and altcoin the user of cryptocurrency which give them the income on holding itself make the paper money usage will be maximum will be reduced in future.

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Cloak1
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December 10, 2017, 05:18:36 PM
 #4891

Possibly the paper currency will no longer exist,  and it will be changed by digital currency. I don't know when? Maybe sooner or later. I believe most people prefer using digital currency to paper currency due to its flexibility. When people know that digital currency gives more advantages,  they will proceed using it.
thedarksun
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December 10, 2017, 05:19:55 PM
 #4892

Crypto in future will be the same as money so it will be just our choice with what we want to pay in my opinion.
Naoko
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December 10, 2017, 06:00:14 PM
 #4893

I don't think that the cryptocurrency will affect the value of paper money...they will remain as valuable and used as before
Kazuyukie
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December 10, 2017, 06:24:54 PM
 #4894

it will cease to exist, with the technology nowadays for sure the money will be in digital, though its not necessarily a Bitcoin or another cryptocurrency. I'm positive that were entering a digital era, where everything is digital and revolves in the internet, and so is money.
Sanjida_j3233
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December 10, 2017, 06:47:05 PM
 #4895

Now a days man cannot used paper money theg will used smart card or money master card, some people or some ciuntrys people used paper money, may be in future man cannot used paper money they will used money card same as like bitcoin money master card.
Mr.ZODIAC
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December 10, 2017, 07:29:06 PM
 #4896

Now a days man cannot used paper money theg will used smart card or money master card, some people or some ciuntrys people used paper money, may be in future man cannot used paper money they will used money card same as like bitcoin money master card.
if Bitcoin gives humanity instantaneous transfers of its finance instantly payment of services, nothing will become an obstacle to the general use of crypto currency.
wvasko
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December 10, 2017, 07:41:16 PM
 #4897

Perhaps paper money and will ever be canceled, but it will happen exactly in a few dozen years.

Arthoerra
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December 10, 2017, 07:53:18 PM
 #4898

Paper money will continue to exist. Because, status of paper money has legal protection and recognized internationally. Banks, also need to innovate so asn't to lose popularity and usability by bitcoin if wants everything to run well for banks and government.
AngellSky
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December 10, 2017, 08:05:17 PM
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 #4899

Paper money will continue to exist. Because, status of paper money has legal protection and recognized internationally. Banks, also need to innovate so asn't to lose popularity and usability by bitcoin if wants everything to run well for banks and government.
in favor of paper money and everything speaks for the fact that many people are accustomed to the simplicity of handling paper money and that is why paper money will be in demand for a very long time.

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sanbashiyi
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December 10, 2017, 08:12:51 PM
 #4900

Notes will be replaced by electronic currency gradually .This is the trend of The Times

digital currency is easy to pay and you don't need to change and paper money is easy to damage

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