The future of the paper money

[newbie-hero]

In my opinion use of paper money will go to considerable decrease. The cryptocurrency is the ideal tool on their replacement. However time hasnt come completely to replace yet. it will be smooth process within many years.

Paper money will continue to exist. But their total number will gradually decrease. Paper money simply goes into an electronic form.

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[Arz26]

Only the people of the government will decide on when the paper money exist. Most people didn't know how bitcoin works. But its all about future nothing's know what happen next, its possibly only.

[Farhan786]

Paper money is very much being used today and so it will be for the next years.paper money will always exist as many people find it more comfortable to use it, and uneducated people will never use bitcoins for making payment as it would be really complicated for them to use it.it will take maybe a century before that happens.

[Sanitough]

Paper money is very much being used today and so it will be for the next years.paper money will always exist as many people find it more comfortable to use it, and uneducated people will never use bitcoins for making payment as it would be really complicated for them to use it.it will take maybe a century before that happens.

Paper money lasted this long because it's very useful to us, people find it easy to use as you can easily transact using paper money.
The new trend is internet money or digital money but majority are not yet ready to adopt in this system, there believe there is no need to adopt so why would they both themselves.

[supermam]

Paper money is known to be the one we are using and it's very easy to use it in every transaction and also in buying things we need and also it is always accessible to us. We can use it anytime we want .

[jankekek]

The future of the paper money is not so good because the fact is that its gonna less more than back in the days.
Digital money is taking over the world... its all digital.

[kkukkugaga]

I think even btc and other crypto spreads widely in the whole universe, paper money will not be banned. It is the physical money that all of the people use in terms of payment and any other financial services. Paper money will stay as valuable paper money, they might change the physical features but the value it holds is still the same. Now that crypto is becoming known to other cities, countries and people, even if it gains many users, there are some people left that cannot access btc, so it cannot be used generally.

[sinta23]

The future of the paper money is not so good because the fact is that its gonna less more than back in the days.
Digital money is taking over the world... its all digital.

Currently paper money is quite difficult to develop, because most people are now using technology tools that are getting older now more sophisticated, so in each country it is quite applied technology like that.

[grabpopcorn536]

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 has never been able to beat it, but in recent years developing or developed countries have been using it to pay for items in which cash is still used. Widespread and popular

[Biggapp]

I think the future of paper money will last. because most people use digital currency as a sale and purchase transaction. perhaps the use of fiat money is too difficult and impractical. it takes a lot of space to save the money. unlike digital money that takes a little space and is easy to use

Digital currencies and cryptocurrencies are the thing so coming future indeed, with the inception of e-Commerce, the significance of digital currency increased. Similar phenomena will take place in case of cryptocurrencies when organizations start to adopt them as a source of daily transactions. However, it is wrong to day that hard currency will be diminished, they will remain the part of process.

Paper money has been there for centuries and it is very hard to replace it forever or make it disappear from earth completely because all people are not living in developed states or not all of people are equally educated. There are many people even living in the most developed states of the world who are illiterate. These people cannot deal in bitcoin or any other digital currency. For them, we do need paper money in system along with bitcoin.

Right but it is also true that bitcoin and crypto currency is now increasing in use. People are lazy or we can say people are now very busy that they prefer online shopping so it is because they are having alternative of money and they can use bitcoin as money for everything. Right now bitcoin is helping a lot of people and serving them to support family and friends. So bitcoin right now is first priority of people than fiat and paper money.

[Mandanai]

I think that despite having lots of digital money but it will not replace the long-used paper money in the world we will not know what will happen in the future so it's probably just a dream.

[thycrypto]

Paper money has no future. It is here and we have it but I don't think it will be here for much longer. 'Paper' is tracked but online currency and transfers are more easily tracked which is why I believe the reason for moving in fewer paper transactions. Crypto is decentralized but the government will still find a way to get gains off of it too. It will become more centralized with time for sure.

[Accessence]

Paper money is the biggest joke there possibly could be, ever. How easily it can be faked is just plain amusing, yet still it is being used more than more reliable and sustainable technologies.

[winteroxalis]

 I guest it’s reasonable to expect cash to follow the path of other goods that have been replaced by digital alternatives, such as photos, music and movies. But if Cryptocurrencies or other digital forms of payment  transactions will ever replace paper money .. may be  Not so fast. Cash will likely become less popular, thanks to the high cost of using cash and the growing array of alternatives. But I expect it will remain with us forever. The future will be “less cash,” rather than cashless.

[Creepings]

The future of the paper money is not so good because the fact is that its gonna less more than back in the days.
Digital money is taking over the world... its all digital.

There is not doubt that the fiat or the real currency will be replaced in the future, but I doubt that bitcoin or any other crypto currency will be replacing them since it is not controllable and it is decentralized. I think the government will just replace fiat or the conventional money into another crypto currency they have made and make bitcoin a global currency.

[HiringYou]

I don't think that paper money will be banned or it will be entirely replaced by any digital currency.This is because almost everyone is depended upon paper money for his or her transactions. Transactions through paper money are easy as it is easily acceptable everywhere and no internet connection is required for it. People are using paper money for their transactions from many years and people have a lot of trust on it.Transactions made through paper money are more satisfactory than the transactions made through any other mode of payment.Paper money is under the control of government but still the use of digital currencies is not legalized in many countries.So it is not possible for a currency that is not supported by government to totally replace paper money .

[trolliban]

paper money is dissapearing, electronic money is cheaper and more secure for everyone. although it will never completely dissapear as humans are used to tangible goods

[andrei56]

There is not even a single advantages of paper money in the future because people prefer digital money instead paper money.
If you are having paper money:
1) Anyone can take a way
2) Less secured
3) Not profitable
4) Can be spend soon
5) Less worthy
6) A single paper money cannot buy happiness.

Paper money does have some advantages over bitcoin, one of that is that cash is in fact anonymous, something that bitcoin is not that is why cash is still the preferred way of criminals to store their wealth and this is governments want to get rid of cash as well.

[elvinjamon]

paper money will have a hard time to eliminated. However due to the increase of knowledge of individuals, digital currency will be well known and probably will be converted to many forms of cash

[jaocoincrypto18]

paper money is dissapearing, electronic money is cheaper and more secure for everyone. although it will never completely dissapear as humans are used to tangible goods

Paper money can't be replace by digital currencies even by bitcoin itself because not all people around the world are using the bitcoin because mostly they dont know how it works specially in the third world countries unlike paper money that even can children knew how to use it.