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Question: Will digital currency ever replace paper money?
Yes - 206 (51.6%)
No - 193 (48.4%)
Total Voters: 399

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Author Topic: Do you think digital currency will ever replace paper money?  (Read 11172 times)
hibiscus
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February 03, 2018, 05:28:22 AM
 #1101

        I don't think that digital currency will ever replace paper currency because there are more than 90% of the total population in this world are still not familiar with computer and internet even there are places where even computer have not entered so paper currency will exist.
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February 03, 2018, 05:34:21 AM
 #1102

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? Wink
Digital money has is its special place in the life of financial solutions in an economy. This is same thing with paper money or fiat currency. It has its own special spot that will be hardly replaced. If this will happen one day, then it would be about 150 years time.

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February 03, 2018, 05:45:29 AM
 #1103

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? Wink

   Will for me it will greate if paper mobey will replace a digital crypto currency.Because paper money is less secured and hasel to hold.But it digital crypto currency its so secured and you can transact money in anyware you  dont need to go there to pay your bills. Because crypto currency can pay your bills without going anyware as long as your wallet are on partnership on it...thats my opinion
bakerlisa510
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February 03, 2018, 07:00:59 AM
 #1104

I say yes if the value of the coin or some Cryptocurrency will remain constant or equal to constant then sure in future it will replace paper and plus we will save paper.
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February 03, 2018, 07:04:04 AM
 #1105

Digital money will be more acceptable but I don't think this will replace the real paper money. This will be used both, you have the alternatives in paying using digital money,cards or cash. Digital money is good especially for the fast growing and industrialized countries but still there are countries who are slow internet connections, there are still people who are not literate in using technologies. Some are still close minded to learn though most of the generation now are able to use this digital money. I am open for a change, I agree of having the digital money and I'm willing to embrace this change but for me paper money is still important because it is an easy way to transact. No hassle and worries about internet connection,absence of technology,low battery and brownouts. Because in my country we used to experience brownout due to the lack of power supply.
Tsugihara
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February 04, 2018, 07:31:35 AM
 #1106

if in my opinion it could be, because life is now modern and teknoloi used more sophisticated, so many people who depend on technology. with digital money is also easier to use because it is more instant.
GeniusAko
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February 04, 2018, 07:37:47 AM
 #1107

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? Wink
There is a possibility that the digital money will replace the fiat money. There are many powerful persons like Jack Ma (founder of Alibaba) that saying that the cashless society will happen. There are now many countries that are using cashless transactions .
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February 04, 2018, 10:29:49 AM
 #1108

I always do not think Bitcoin can replace banknotes because banknotes are the legal tender of the country and I do not think any country will allow it to disappear because of the need for banknotes to regulate the economy.
Angela567
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February 04, 2018, 11:59:14 AM
 #1109

I think bitcoin will never be able to replace the cash currency, in fact, the cash is issued in the country based on the economic market, largely to the state in order to control the market economy and issued, the digital currency dispersion determines that it can not replace the cash currency.
Johnyfun
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February 04, 2018, 12:00:33 PM
 #1110

Digital money can not replace paper money because not everyone can use digital currency, but personally I choose to use both.
NoviceInvestor
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February 04, 2018, 12:13:43 PM
 #1111

Absolutely, paper money will go the way of the dinosaurs. However, that doesn't mean that Bitcoin will be it. I predict that national currencies will go digital in some form.

Most of the money I spend is purely digital already. I get paid into my bank account, and pay most things with debit/credit cards.

Unfortunately, in the future, people won't have a choice to use paper money.
Zaarin
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February 04, 2018, 07:46:49 PM
 #1112

I proclaim no, because i don't think that we will ever become dependent more or less the subject of digital currency especially following the problems. a agonized subsequent to online currency is the disagreement fees that they fighting subsequently than transferring funds, see BTC you have to pay the developers. every digital currency requires fees to continue admin. while this might be rushed, daylight to hours of day purchases will be therefore much easier behind using paper keep to remove the exasperation, and adjoin efficiency.
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February 04, 2018, 08:02:55 PM
 #1113

Future is near! Cash in the past, we just need more technology upgrades. Last month i haven't cash at all, i was paying only with my visa card.
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February 04, 2018, 08:04:07 PM
 #1114

Yes with a time it will, paper money is getting too old and there is no need in it.
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February 05, 2018, 02:19:13 AM
Merited by waqarkahloon (1)
 #1115

I do not think so. There is no electricity everywhere, and even more Internet. Paper money has still a long time to live !
RKSummer
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February 05, 2018, 02:32:13 AM
 #1116

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? Wink

I don't think so. Many users of bitcoin convert their btc into paper money to use in purchasing their necessities that cannot be bought by bitcoin. And not all countries are well-developed, there are areas that can't access internet and because of that, they can't use bitcoin as digital money. And not all people know bitcoin.

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Geoll29
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February 05, 2018, 02:45:20 AM
 #1117

Paper money has already been replace by credit cards although I may say not really replacing it but helps people who doesn't want to bring cash with them all the time. So just like credit cards or the likes, digital currency will help people with the convenience.

imstillthebest
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February 05, 2018, 03:04:02 AM
 #1118

Paper money has already been replace by credit cards although I may say not really replacing it but helps people who doesn't want to bring cash with them all the time. So just like credit cards or the likes, digital currency will help people with the convenience.

credit cards doesnt also replace paper money because as you see , we still use paper money as our mainstream currency because paper money is the legal and most easiest way to use rather than any kinds of payment methods like credit cards or even bitcoin and other cryptos. cryptos will still be remain as an alternative use for digital purposes or online payments that a regular money cant do. But who knows maybe in the future , we dont really need to use physical money rather humans will only use digital ones for a modern and high tech world.
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February 05, 2018, 03:10:29 AM
 #1119

we replced gold coins, copper bracelts etc etc wth paper, so why woul almost 50% say no? are you so shortsighted?
colmenajose
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February 05, 2018, 03:20:47 AM
 #1120

Hello, I am fully convinced that digital currency will replace paper money; since the trend is to pay for electronic transactions, in addition to environmental protocols, you must tend to save raw materials. Wink
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