Bitcoin Forum
January 21, 2019, 11:02:00 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 »
  Print  
Author Topic: Will future paper money disappear?  (Read 1888 times)
yanxuanyunshan4
Newbie
*
Offline Offline

Activity: 126
Merit: 0


View Profile WWW
March 24, 2018, 02:03:51 AM
 #1

With the development of cryptocurrency, more and more places accept bitcoin. In the future, will paper money disappear, and the money that people earn will be given to you in encrypted form, and the purchase will be paid in encrypted form?
Please give your opinion.
1548068520
Hero Member
*
Offline Offline

Posts: 1548068520

View Profile Personal Message (Offline)

Ignore
1548068520
Reply with quote  #2

1548068520
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1548068520
Hero Member
*
Offline Offline

Posts: 1548068520

View Profile Personal Message (Offline)

Ignore
1548068520
Reply with quote  #2

1548068520
Report to moderator
1548068520
Hero Member
*
Offline Offline

Posts: 1548068520

View Profile Personal Message (Offline)

Ignore
1548068520
Reply with quote  #2

1548068520
Report to moderator
esa2782
Newbie
*
Offline Offline

Activity: 101
Merit: 0


View Profile
March 24, 2018, 02:23:11 AM
 #2

i think so, with the rapid increase of internet using in our daily life and as we know that internet will take over and become a major part of our life, the concept of money paper therefore is just become out of place, because everything is just one click away, there will be no place for paper money and other, and replacing paper money is also good for environmental.
ralle14
Legendary
*
Offline Offline

Activity: 1246
Merit: 1083


Free crypto every 60 mins here: discord.gg/pXB9nuZ


View Profile
March 24, 2018, 02:40:00 AM
 #3

No fiat won't disappear, maybe if poverty is stopped because not everyone could afford to own crypto wallet and others aren't that knowledgeable enough to understand how crypto works. Plus it'll be harder to determine the real value of bitcoin/crypto if fiat suddenly disappears. Paper money still has some pros for example when there's no power in your place.



      ▄████████████▄
    ▄████████████████▄
   ██████▀       ▀████▄       ▄▄                 ▄▄▄
  █████           █████    ▐████                ▐████
 ██████         ▄█████     ████▌                █████
 ██████         █████     ▐████  ▄▄▄           ▐████▌   ▄██▄
  ██████▄               ▄▄██████████           █████  ▄████▀
   ████████▄       ▄▄█████████████▀  ▄▄▄▄      ████▌▄████▀  ▄▄████▄
     ▀█████████▄   ███████████▀▀  ▄████████▄  ▐████████▀  ▄█████████
        ▀█████████▄ ▀▀▀ ▐████▌   █████▀ ████  ███████▀   █████▀ ▀███
      ▄▄▄   ▀███████▄   █████   █████  ▄███  ▐███████   █████  ▄███▀
   ▄██████     ▀█████  ▐████▌   ████   ████  ████████▄  ████████▀
  ██████▀       █████  █████  ▄█████ ▄█████▄██████████▄ ▀█████  ▄██▄
 █████▀        ▄█████  ▐██████████████████████████ ████▄ ▀█████████▀       ▄████▄  ▄████▄  ██▄██▄██▄
 █████       ▄▄█████▀   ▀▀███▀   ▀▀██▀  ▀██▀ ▀██▀   ████▄  ▀▀▀▀▀▀ ▄▄      ██▀     ██▀  ▀██ ██  ██  ██
 ██████▄▄▄████████▀                                  █████▄▄▄▄▄▄████ ▄██▄ ██▄     ██▄  ▄██ ██  ██  ██
  ▀█████████████▀                                     ▀▀█████████▀▀  ▀██▀  ▀████▀  ▀████▀  ██  ██  ██
    ▀▀█████▀▀


██
██
██
██
██
██
██
██
██
██
██

             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█   ▄▀▀▄              ▀▄          █
 █  █▀▀█    ██▄        █          █
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████████      █       █
   ▀▄      ▀██████▌       █     █
    █        ▀████        ▀▄    █
     █         ▀█▌   █▄▄█  █    █
     ▀▄              ▀▄▄▀   █  █
      █                 ▄▄▄▀▀  █
       █        ▄▄▄▄▀▀▀▀       █
       ▀▄▄▄▄▀▀▀▀   ▀▀▀▀▀▀▄▄▄▄▄▄▀


██
██
██
██
██
██
██
██
██
██
██



██
██
██
██
██
██
██
██
██
██
██


«
«
«

»
»
»
pinkflower
Sr. Member
****
Offline Offline

Activity: 784
Merit: 259


Burst - Proof of Capacity


View Profile
March 24, 2018, 02:45:30 AM
 #4

No fiat won't disappear, maybe if poverty is stopped because not everyone could afford to own crypto wallet and others aren't that knowledgeable enough to understand how crypto works. Plus it'll be harder to determine the real value of bitcoin/crypto if fiat suddenly disappears. Paper money still has some pros for example when there's no power in your place.

At some point in the financial system's evolution and the advancement of technologies aiding banks to better serve their customers, paper money will be used less and less until money printing obsoleted.

But what replaces it will not be what you think. It will be a centralized digital currency issued by the central bank which is not private, not immutable and not under your control.

https://www.burst-coin.org/proof-of-capacity - Ensuring Maximum Fairness And Trivial Energy Consumption
nasipadang
Sr. Member
****
Offline Offline

Activity: 714
Merit: 250



View Profile
March 24, 2018, 02:46:20 AM
 #5

It's because of technological advances, people want speed and security I agree with what you say example now many of us prefer to use the debit in appeal with cash to pay, although not all stores serve it debit payment but I'm sure the use of debit will be realized in many stores.


          ██
         ████

        ██████
       ████████
      ██████████

     █████  █████
    █████    █████
   █████      █████

  █████▄▄▄▄▄   █████        █████
 ████████████▄  █████      █████
██████████████▄  █████    █████
                  █████  █████
                   ██████████
                    ████████
                     ██████

                      ████
                       ██
Azbit
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ● ● ● ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
ROGER VER ADVISOR
  █
  █
  █
  █


███
███


  █
  █
  █
  █
● ● ●
● ● ●
● ● ▬▬▬▬▬ ● ▬▬▬▬▬ ● ●

▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
▄████████████████▀▀▀███▄

▄███████████▀▀▀      ████▄
██████▀▀▀       ▄    █████
███▄         ▄█▀    ██████

██████▄    ▄█▀      ██████
█████████▄█▀       ███████
▀██████████  ▄     ██████▀
▀█████████ ███▄  ██████▀
▀████████████████████▀

▀████████████████▀
▀▀████████▀▀

▄▄████████▄▄
▄████████████████▄
▄██████████▀▀▀▀██████▄
▄█████████▀     ███████▄

▄██████████   ███████████▄
█████████▀▀   ▀▀██████████
█████████       ██████████

███████████   ████████████
███████████   ████████████
▀██████████   ███████████▀
▀█████████   ██████████▀
▀████████████████████▀

▀████████████████▀
▀▀████████▀▀

▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
▄██████████████▀▀▀█████▄

▄█████ ▀███████     ▀▄███▄
██████   ▀▀█▀▀      ▄█████
███████              █████

████████             █████
█████████▄          ██████
▀████████▀        ▄██████▀
▀███▀▀        ▄▄███████▀
▀████████████████████▀

▀████████████████▀
▀▀████████▀▀
yugyug
Sr. Member
****
Offline Offline

Activity: 630
Merit: 256


Super Smash Bros. Ultimate Available Now!


View Profile WWW
March 24, 2018, 02:48:58 AM
 #6

It depends on some countries like US and Japan where technology development rapidly increase, any print made out paper will gradually decrease year by year. Diminishing print of paper money also helps save the environment like eliminating cutting of tress where the paper came from and beside carrying lots of paper money is not so convenient at this time since we can put and carry our money wirelessly thru internet and other cashless form of transactions.
acener
Full Member
***
Offline Offline

Activity: 462
Merit: 100



View Profile
March 24, 2018, 03:09:08 AM
 #7

With the development of cryptocurrency, more and more places accept bitcoin. In the future, will paper money disappear, and the money that people earn will be given to you in encrypted form, and the purchase will be paid in encrypted form?
Please give your opinion.


I think it is too impossible for now since a lot of countries haven't known bitcoin yet. Yes, it is known to some counties but unfortunately, some countries are banning it too. A lotbof people don't know how to access bitcoin due to their age and level and education. It is important that people will be educated with bitcoin first.

The FASTEST and MOST SECURE  Token Exchange.
▬▬  ETHERSHIFT  ▬▬  No More Waiting! Main Sale Starts Nov 05, 2018.  ▬▬  ETHERSHIFT  ▬▬
stayeduptolate
Hero Member
*****
Offline Offline

Activity: 980
Merit: 502


View Profile
March 24, 2018, 03:22:38 AM
 #8

With the development of cryptocurrency, more and more places accept bitcoin. In the future, will paper money disappear, and the money that people earn will be given to you in encrypted form, and the purchase will be paid in encrypted form?
Please give your opinion.
It’s true that cryptocurrencies have gained a lot of popularity and trust among the people in the recent years since it has started and because of which their demand has also increased bitcoin still don’t think that they will be able to replace paper money in the future because firstly, paper money is way more popular than bitcoin and has way more users than bitcoin throughout the world. Then paper money is accepted everywhere whereas cryptocurrencies are accepted to a very limited areas.
fiulpro
Sr. Member
****
Offline Offline

Activity: 644
Merit: 266



View Profile
March 24, 2018, 03:30:56 AM
 #9

With so many people out there sitting below the poverty line and with so many homes ... Without electricity... You expect everyone to have money to get into this crypto world or..go and get a bank account... And get the card ?

This is something that won't happen ...
Not in.. 100 years.

If the government decides to neglect that population that's a different thing but they won't do that..

Fist everyone needs to be in the same line..
cupic
Member
**
Offline Offline

Activity: 252
Merit: 10

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN


View Profile
March 24, 2018, 03:47:03 AM
 #10

With the development of cryptocurrency, more and more places accept bitcoin. In the future, will paper money disappear, and the money that people earn will be given to you in encrypted form, and the purchase will be paid in encrypted form?
Please give your opinion.
I think paper money will still exist. Because if the war breaks and the internet system stops working, the exchange of crypto will fail. The world is still very poor and has no technical equipment to store and use crypto.

           ﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆
≈ WORLD POWER PRODUCTION ≈


【 BACKED ASSET GREEN ENERGY TOKEN 】
☆═━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═☆
raidarksword
Member
**
Offline Offline

Activity: 420
Merit: 11


View Profile WWW
March 24, 2018, 04:02:33 AM
 #11

Paper money or fiat currency still exists in future comes even it's the world of cryptocurrency we live in today. It will never disappear because not all people are aware of digital currency and if such government still not trusting cryptocurrency then we will able to use the old paper bills.

│      H U B R I S O N E      │▐▐  Your Cryptocurrency Friendly Digital Bank   ▌▌
│    ◆    Equity share crowdfund    ◆    Tokens    ◆    Built with Stellar & OMG    ◆    1,000+ Members    ◆    │
▐▐    Whitepaper    ▌▌       Telegram       │       Twitter       │       Instagram       │       LinkedIn       │
HSRP
Member
**
Offline Offline

Activity: 378
Merit: 10

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN


View Profile
March 24, 2018, 04:08:46 AM
 #12

Are not,. I do not think paper money will disappear in the world, Crypto is not the currency used to trade and exchange goods everyday in the market. I think BTC is only used to pay for cross-border contracts, which makes it quicker and easier. I do not think they will replace cash.

           ﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆
≈ WORLD POWER PRODUCTION ≈


【 BACKED ASSET GREEN ENERGY TOKEN 】
☆═━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═☆
crypto vlad
Newbie
*
Offline Offline

Activity: 111
Merit: 0


View Profile
March 24, 2018, 04:27:16 AM
 #13

can be. because of the growing technology, all of them are using digital. there is the possibility of paper money going to disappear in the future
Fantastic33
Member
**
Offline Offline

Activity: 266
Merit: 12


View Profile
March 24, 2018, 04:33:45 AM
 #14

Paper money will never disappear unless the government allow to. Changing paper money into cryptocurrency will take a lot of time and changes on the economic system. Besides, the bank is still not considering cryptos as a form of currency, and there are some countries who already banned cryptos and some imposed crypto exchanges. 
chengyinoing
Newbie
*
Offline Offline

Activity: 252
Merit: 0


View Profile
March 24, 2018, 04:41:38 AM
 #15

I think with the development of the world, paper money will be gradually eliminated.

With the development of science and technology, people can freely use their own encryption money, shops, supermarkets, food markets, encryption will be used in all corners.
Ridwan Fauzi
Member
**
Offline Offline

Activity: 476
Merit: 14


View Profile
March 24, 2018, 04:44:38 AM
 #16

I haven't thought so far, if I see in my logic, yes cryptocurrency is needed by humans in the future and people will need it already facilitate in all its activities. In the other hand, every human have a government that will manage everything and every government has its own currenvy so they will not let cryptocurrency evolve because it will make their currency disappear. It will not happen cryptocurrency will make paper money disappear.

Ausgewielt
Full Member
***
Offline Offline

Activity: 306
Merit: 102



View Profile
March 24, 2018, 04:46:19 AM
 #17

Use credit card is an attempt to minimize the use of paper money, people are begins to realize that  the use of paper money is not suitable for the needs of further transactions as required by entrepreneurs who work together all over the world. But this does not mean that physical money will disappear altogether. The weakness of paper money is the inability to to inflation and the lack of intrinsic value. So the highest probability is that paper money will be replaced by gold and all digital fiduciary currency such as usd, yuan or others will be based on gold. Cryptocurrency will not makes paper money dissapear because the volatility will prevent merchants to accept them.

shamzblueworld
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


View Profile WWW
March 24, 2018, 04:52:01 AM
 #18

I think eventually yes, it will be replaced by digital money but there are still many years to reach that point especially throughout the world.
But in most established countries, it may happen sooner.
Tharel
Member
**
Offline Offline

Activity: 182
Merit: 12


View Profile
March 24, 2018, 05:01:41 AM
 #19

I don't think cryptocurrency will replace the overall usage of paper money. There will still be a need for paper money for small financial transactions. In the future, there maybe large percentage that will use cryptocurrency and the rest will be paper money.

wildflower18
Sr. Member
****
Offline Offline

Activity: 532
Merit: 250



View Profile
March 24, 2018, 05:05:06 AM
 #20

In the current situation I think paper money will not disappear. There are many things to consider and in reality it's not easy to be used this online currency. Because others can't adopt easily this online currency and paper money is still the original use even in the future.

█  ▄▄▄  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ▀▀▀  █
█  ▄▄▄  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ▀▀▀  █
R  E  P  U  B  L  I  A
PRE-SALE :  23.08 - 23.09
█  ▄▄▄  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ▀▀▀  █


█  █
█  █
█  █
█  █
█  █
█  █
█  █
█  █
█  █
   █
   █
Highly Efficient Technology
Secure & Transparent
Full Democracy
█  ▄▄▄  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ███  █
█  ▀▀▀  █
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 »
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!