Do you think digital currency will ever replace paper money?

[Cranidos]

Personally I say yes as our society becomes increasingly dependent upon technology, digital currency will become a more popular means of paying for different things and it is more effective and instant. I haven't used much physical money in the past 8 years and I rarely had any problems with that.

What do you guys think?

I think this is the sole reason why digital currency are made - to replace the physical currency. If you are quite aware, there are more and more services accepts digital money. We can pay bills online, send remittances online, pays just by swiping a card. We've been slowly having transition from physical fiat to digital. It just happens that a quick transition is not good with considerations to those who cannot afford to.

[Pab]

Can i store crypto in my pocket,no i cant,so crypto will never replace cash

[pekingcoepo]

I do not think it's possible. Because Bitcoin currently exists as an alternative currency, especially digital currency. In terms of function, Bitcoin is considered only able to meet some of the functions of currency as a means of payment. Bitcoin is like a medium of exchange and payment instruments such as gold, diamonds, banknotes, stocks, commodities whose value is a general consensus of public acceptance and trust.

However, the Bitcoin exchange rate changes over time and fluctuates. In the future Bitcoin will remain one of the alternative currencies.

[ivrynx]

yes, there is huge possibility that digital money will replace paper money. there are a lot of things why digital money has its advantage, you can carry it around, just like paper money, but robbers won't be able to get your digital money, unless you give them your key, your paper money, taken out of the wallet. digital money can easily be transffered, for paper money, you need to mail it. digital money can be recovered even if your storage has crash, however when printimg paper money, once theachine crash, it will cost a lot just for the repair. i think people.on the future will rely more on digital currency than paper money, since you can always check it using your phone, it ia much easier to count and store. i.think we may not see it.in our lifetime, but when you see that technology makes your life easy, you will go for it and focus more om what's important. we should also check the hiatory,  before there were no atms or credit card, you physically need to go to the bank, and look at what we have now, we as a generation accepted fast transaction, and the generation will surely benefit from the technology we have today and omproe it

[rb26]

Personally I say yes as our society becomes increasingly dependent upon technology, digital currency will become a more popular means of paying for different things and it is more effective and instant. I haven't used much physical money in the past 8 years and I rarely had any problems with that.

What do you guys think?

As far as I know, digital currency or money are made as a substitute to the physical ones. And when it become so widely accepted, the physical cash might be replaced entirely with the digital ones. The digital money did not start when the Alpha cryptocurrency was born but it goes beyond that point. We have the credit cards and such. So I think it is only a matter of time now before we see that the world is entirely using a digital money.

[HasHe]

Its really hard for digital currency to replace paper money.The reason is that paper money is backed by respective governments.They give assurance for its value.But digital currencies are not backed by governments.Digital currencies work only when there is an internet connection otherwise it could not be used.Most illiterate people don't know about digital transactions.They don't even have a credit card or debit card.They know only paper money a sthe real currency.Even in developed countries like US,paper money is still available.So,digital currency could never replace paper money totally.

[Mink1993]

I personally think, kind of hard to replace it very soon, but it might be in the future. Something that, all the nation and countries around the world need to agree with this kind of system. All the leaders need to sit down and make some common decision and decide the value. I think it is just need to be some kind 2 different world, offline and online. To combine both it is something take time and resources.

[kodtycoon]

in the next few years it seems that it can happen but will not completely eliminate paper money, paper money will always be there but maybe digital currency will be more users in the future, see all the goods we can buy and obtained by online, it will replace the paper money in terms of transactions.

[shield132]

I was always against that idea but now I think it will replace paper money soon. Imagine, internet changed real life comunication into virtual comunication: facebook for example, twitter and etc. After that we have digital currency, in many shop we pay with cards and now we have ability to pay with smartphone, everything goes like it's mentioned in tittle, digital currency will replace paper money.

[okala]

Since we are referring to bitcoin and others crytocurrency as money of future - am sure bitcoin will replace fiat in future.

[hurain]

Its really hard for digital currency to replace paper money.The reason is that paper money is backed by respective governments.They give assurance for its value.But digital currencies are not backed by governments.Digital currencies work only when there is an internet connection otherwise it could not be used.Most illiterate people don't know about digital transactions.They don't even have a credit card or debit card.They know only paper money a sthe real currency.Even in developed countries like US,paper money is still available.So,digital currency could never replace paper money totally.

yes that is right to say that it is too much hard for bitcoin to replace fiat currency. i think almost all the people of the world are still depending on fiat currency, therefore i do not think that bitcoin will replace fiat so soon, because majority of people still do not know about bitcoin and it will really take a lot of time when all the people of the world will start using bitcoin and will stop to use fiat.

[nightmip]

Can i store crypto in my pocket,no i cant,so crypto will never replace cash

Well, I think that it is possible to store crypto on cards similar to credit cards. So you'll be able to store crypto in your pocket

[rifatrony5]

I predict that one day digital currency will replace paper cash within a decade.
Someone can be think that this prediction is mythic given the slow adoption of the electronic currency.
But, all sides agree that digital currency will have an influence on the fiat currency systems of the world.
If we are talking about the means to which we use currency, then yes, paper money will be replaced by digital currency.
As our society becomes increasingly dependent upon technology, digital currency will become a more popular means of paying for products.

[rasmadisulaiman]

With the rapidly increasing technology allows digital money more among the public. I think that digital money currently replaces paper money, but the existence of paper money does not necessarily disappear from circulation because its function is still important for now.

[3kpk3]

I don't think that digital currency can replace paper currency, but it will act as an alternative method of payment and coexist along with paper currencies. Personally, I regularly transact through both digital and physical currencies on a regular basis and I am absolutely loving it.

[xx-man]

I say that digital currency will not be possible to replace paper money. Because not everyone can use digital currency. thanks

I personally think nothing is impossible, because now it is beginning to enter the technological era, someday there may be a country's economic crisis, because they will not be possible until so much the use of paper money for payment transactions in the future, if the Economic Crisis occurs They will Use money in gital to make payments.

[TTMNewsK]

I must say yes.
Nowadays, most people are enjoying using the digital currency. So there's a possibility that the digital currency is the future money.

[farhansadik]

Yes, It Will.
Digital Currency Can Serve As An Alternative To Paper Money.
Not In The Close Future. People Like To See What They Own, It Gives Them A Sense Of Security Holding Their Money And Knowing They Have It. But, People Will gradually sloped Away From Paper Money & All things groth A Digital coin As It Is A  numerous Easier Medium To Usage For buying stuff. Solid Money Will hold A Long time To lost, however It looks reputable plentiful as all things otherwise That Has Been refused By senior Generations But adopted By stripling Into A modern World.

[steamon]

Yes, I do believe that we will be paying in digital currencies in the further future. Cryptocurrencies will only make the progress faster in my thinking. Problem with paper money is it can so easily be faked. I recently even with watching out got perfectly faked money in a private transaction and of course lost the money. With a blockchain, you can't get a fake transaction when it has been verified. On a global scale it would not be weird we are paying with credits in the future. Maybe those credits will be bitcoins. Let's patiently wait and see what the future brings.

[serhishulak]

people who voted "yes" is has the strong positive mind lol

btw digital currency never replaced paper money because some people prefer paper, some digital, but most of people choose both. in the poor countries you can't use digital currency in the most places. too sad