Do you think digital currency will ever replace paper money?

[CADguy]

we know that in some countries of the world it is already possible to pay bitcoins for products and services, when the day comes when the whole world recognizes crypto currency as an international currency. This will undoubtedly make life easier for everyone

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[DoublerHunter]

we know that in some countries of the world it is already possible to pay bitcoins for products and services, when the day comes when the whole world recognizes crypto currency as an international currency. This will undoubtedly make life easier for everyone

If people accepts and implement cryptocurrency to their lives then i think that there will be a lot of possibilities for the cryptocurrency in the future like it will get more improvements and it will be used more often than before. I am really into cryptocurrency and i believed that this is the future concept of our currency which is a digital currency.

[wasaisisisi]

It will be very hard to remove paper money from our day to day lives. Seems like it could. But surely it would be very hard to replace real money right now. Hopefully for the future bitcoin will be useful for our needs.

[Cojiro]

Just look at denmark and the app MobilePay

It´s connected to your creditcard and you can pay anywhere with it, with your mobilephone. Even the homeless now have a sign with their code or phonenumber for mobilepay, as people almost never have coins anymore.

Yes I think we will see a huge portion of cash been digital.

Thats why I have started buying silver, and when I earn more money, I'll also have physical gold - It´s fun and interesting with digital cash, but I do fear something unforseen act.

Let´s just take the news these days: North Korea bombs Japan in a few years from now - China and north korea employs all their hackers to disprut the west, and a war begins.
If we are unlucky and most of our cash is in a centralized system, it might very well get frozen.

Well - I guess it's always good to putt your eggs in different baskets Smiley

[Nmizu]

Yes, for sure digital currency will play a major role in the future. Here in the Netherlands, everyone is used to pay with their debit card. I even think it's used more then cash.

However, paper money will not be gone for a long time, since there are always people around who don't want to adapt to new things.

When digital currency is more a usual thing, I don't think it's gonna be bitcoin. The fees are simply too high to be adopted worldwide.

[Cokot]

Really possible, but in my opinion this is a lot more possible when talking about countries like The United States, Australia, and other first world countries. I don't see this happening to 3rd world countries or even poorer countries due to poverty; the poor crowd couldn't even afford food and basic commodities, what more a mobile device to transact bitcoin with? My guess is that both fiat money and cryptocurrency will both be used. If digital currency would replace  fiat money I don't see it happening in this lifetime.

[bts378]

 
We may end up running into a cashless society anyway, which is already happening in most places but I don't see how bitcoin or as digital as everything gets, will replace fiat anytime soon. I don't know how the jet age will cut across globally but you should know not everyone is digitally oriented. You may say old physical oriented folks will end up leaving our jet age one day, sure! After all, cowrie was once used until it faded off when paper currencies were introduced so we can never really say if in the future, digital currencies will take over.

[mitsuki]

Just as the paper money replaced leather, so will crypto replace paper.
But I don't think that current currencies will replace it.

When the time comes, governments will probably want to have their own official cryptos...

But who knows - we'll see what will happen

[suzanne5223]

we know that in some countries of the world it is already possible to pay bitcoins for products and services, when the day comes when the whole world recognizes crypto currency as an international currency. This will undoubtedly make life easier for everyone

If people accepts and implement cryptocurrency to their lives then i think that there will be a lot of possibilities for the cryptocurrency in the future like it will get more improvements and it will be used more often than before. I am really into cryptocurrency and i believed that this is the future concept of our currency which is a digital currency.

I agree with what you said and there's no doubt of the ability of crypto currency but before crypto currency would take over banknotes some certain improvement need to be done in terms of transaction confirmation, limit per seconds and fees

[Cryptalking]

Did people ever thought gold would be replaced by paper? I think digital money is the future considering people live in their iphones for the last years

[SergeYak]

Digital currencies are not that valuble like cash. People just not ready to let their money in keep to government because when you feel everything inside your pocket you are fine.

[gravitik]

I think that not will replace. still there is a person who refuses digital currency in favor of paper

[fattyforhire]

If bitcoin will develop as actively as it is now, then in a few years it will be able to fully replace our usual money. It will be very convenient.

[roronoa zoro]

Bisa saja jika mata uang digital ke depannya akan menggantikan mata uang kertas dikarenakan lebih mudah,lebih praktis dan tidak dapat dipalsukan.Di masa yang akan datang uang kertas nilainya lebih kecil daripada koin yang nota bene nilainya jauh lebih besar.

[Tirdok]

I doubt that a digital currency will ever completely replace paper currency

[olyolali]

I think the digital currency will replace the paper money, why?
because now the era of technology more and more people are switching to digital currency, there may be in a country that uses digital currency to transact daily but do not rule out paper money also still used some people who do not understand digital currency

[Pansamantala]

There is a very high possibility that one day currency would be innovated and would one day turn into something technology-driven. And out of all existing technologies out there that is currency-affiliated, bitcoin is the one that is most likely to serve the said purpose. Moreover, fiat currency is getting outdated, so it's better to revolutionize currency.

[gabum19]

Somedat it will be change into digital currency, but still paper money exist for the other countries.

[CypherOG]

Someday it will replace paper money I think but that someday is far in the future (maybe 20-50 years) ... or maybe I am mistaken and it will take place sooner I don't know. Total digitalisation is here

[alihasangoto]

Not possible. It is my personal opinion as not everybody now get that much familier with the technologies which are required to make digital currency to replace paper money.