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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)
chrsjrcj
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April 07, 2018, 11:24:00 PM
 #1501

I fully believe that digital currencies will take the place of national paper money. This is a real outcome. Investors are aware of the change. People who have not noticed the change yet will see the signs soon.
carens
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April 08, 2018, 02:42:14 PM
 #1502

I think for now digital currencies can not replace paper money, even though technological developments are getting more sophisticated, because not everyone knows the digital currency, it will be very difficult for them to make payments such as shopping, or buying daily necessities.
pigtalk
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April 11, 2018, 12:40:14 AM
 #1503

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April 11, 2018, 12:58:42 AM
 #1504

it will take years to replace monetary system but eventually yes.. some merchant and/or establishment accepting online payment may be in the future digital currency will be recognized by many people
I am one of the fan or supporters of digital currency but i dont think it can replace the paper money, why? Because paper is part of the daily life of all people in this world and paper money has so many function to this world, so even the digital currency will be more stronger, the paper money will surely still exist in this world.

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April 11, 2018, 01:00:39 AM
 #1505

I don't think digital money will replace paper money
Luthfiyaaa
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April 11, 2018, 01:11:11 AM
 #1506

in the future maybe yes, digital currency will replace the paper money. but for now or 5 years again maybe not yet, or maybe just some developed countries are succeess in replacing paper money with digital money. because about the development of digital money is not evenly distributed around the world, so where might all countries willing to accept payment with digital money. unless all these technological advances are equal, digital money will be used to simplify the transaction.
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April 11, 2018, 01:23:57 AM
 #1507

It will never replace a real currency for the simple fact that it is more difficult to manage and certainly much less traceable. Furthermore, not all people are within reach of knowing what a digital currency is. Maybe in a not too distant future ... let's say in thirty years
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April 11, 2018, 01:50:44 AM
 #1508

I think it's possible to replace paper money by using cards, phones. But if bitcoin will know all around the world. Because now days some people do not know the internet and online transactions. We need a time to make it happen.
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April 11, 2018, 02:03:21 AM
 #1509

In India, the mobile payment options (such as PayTM, Mobikwik, JioPay.etc) are very popular, as they are very easy to use. If Bitcoin can offer a better deal when compared to these services, then definitely Bitcoin can be a major alternative.

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April 11, 2018, 07:47:11 PM
 #1510

yhh, with time i guess
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April 11, 2018, 07:50:07 PM
 #1511

We might have digital money, but it wont be Bitcoin or any cryptocurrency at all, it will stay fiat, but only on credit cards and in digital form on our phones and computers. Every country is going toward doing this, and cryptocurrencies wont be an option because the volatile price, the fees, decentralization.

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KingScorpio
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April 11, 2018, 08:07:45 PM
 #1512

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

globalists will want that, but there will also be regionalists that dont want that.

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April 11, 2018, 08:11:57 PM
 #1513

It is predictable to say, but still It can surely come up.
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April 11, 2018, 08:13:51 PM
 #1514

i think in the near future paper money still number one.
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April 11, 2018, 08:19:12 PM
 #1515

I believe slowly money on paper will disappear, I do not think it will disappear from one day to the next, very few people know cryptocurrencies yet, but I think that in 20 years money on paper will no longer exist
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April 11, 2018, 08:19:54 PM
 #1516

It's possible for digital currency to replace paper money, but it take a long time, because digital currency requires Internet facility to work, and for now all most 30% of the world has no Internet connection, mostly rural areas, we are in digital age.
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April 11, 2018, 08:24:54 PM
 #1517

yeah maybe it can
we know the main function why cryptocurrency has been made, to provide us with the tech for a p2p transaction whatever how far the person is
and all of that risk are controled by people who using it
maybe 5 or 10 year when all cryptocurrency can fully accepted in all country

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April 11, 2018, 08:28:50 PM
 #1518

its not possible for digital currency to replace paper currency........ becous digital currency is only 1.5% but as the time passes i fully i bleave that it will replace 50% of paper currency Undecided Undecided
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April 11, 2018, 08:31:30 PM
 #1519

Hello everyone, I think that until this moment there is very little time left. We do not even think how uncomfortable it is to use paper money. The future behind the crypto currency
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April 11, 2018, 11:24:19 PM
 #1520

I do not think so that digital currency can replaced the paper money in our government system because bitcoins and other coins does not possessed the physical substance which is primary requirement.
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