Will future paper money disappear?

[Iblis 02]

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 never disappear even though digital money is now widely circulated because parents still will not be easy to use it.
Maybe digital money will only complement and simplify the transaction but will not replace the paper money.

[Razick]

We can't predict for sure if future paper money will disappear completely or if they will just exist side by side with bitcoin. It will be hard for bitcoin to replace paper money due to the limited supply which it has to ever exist. There are still things to sort our regarding bitcoin like transaction times, also there are high fees once the numbers of transactions increases and that needs to be sorted out too.

[hermawanda]

In my opinion. paper money will not disappear, because paper money is a symbol or identity of the country so it is very important and paper money becomes the fundamental economy of a country. and digital money is just an alternative currency so anyone can use it.

[Donceng]

if the paper money is removed what will happen. this is not possible because paper money is a characteristic of every country and country creating it for the needs of daily transactions in lieu of barter, for in the ancient times the people if they wanted something just barter, "goods with goods" and at that time the government created money paper as a barter replacement tool. and my assumption that paper money can not be replaced.

[alroys]

in my opinion it is not possible, although now cryptocurrency is growing I am sure the existence of paper money will still exist. because although this paper money has been in use since the first, and paper money is easy to use. Traditional people also do not understand about Bitcoin, but they prefer to use paper money!

[worle1bm]

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.

The term "used less" can be used here but we cant say it will disappear in future as it is here to stay for a longer period of time as it has built it's faith on people's mind and have many uses. In future digital modes of payment will be used by many but some people who lack internet or power will be still dependent on Fiat for use.So it cannot vanish.

[lablab03]

For me physical money will stay in the future because government will not let that happen which to replace fiat into crypto 'cause indeed physical money has been with us for thousands of years for a reason and fiat money is based solely on the faith and credit of the economy. so its impossible to disappear in the future.

[ghost424]

Physical money have played a big role in our history of barter and trading and even its use in daily transactions are commendable. Paper money was developed when they needed a medium of better transactions and their solutions was paper money. I do not think that it will disappear but will only be less used and be placed in some safe place that can be kept for future use.

[Max.junior1]

I do not think that paper money will be lost or paper money replaced by cryptocurrency. Although more and more bitcoin users will not replace paper money/fiat. Bitcoin is a digital currency and not everyone has bitcoin and not every country accepts bitcoin as a legitimate transaction tool.

[Akash1243]

Well in some point in future paper money would eventually disappear.But I'm sure that government wont replace their legal tender with crypto currencies especially bitcoins as they can't control bitcoins it being decentralised.Paper money disappearing would take alot of time.

[bosede1]

I don't see this coming in the nearest future now but I can say it is possible has technology is improving everyday and the awareness about bitcoin is increasing everyday. I know that this can happen in years to come.

[mostcrack]

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.

this may not happen in my opinion a better parallel with fiat, both of which have an interest in legitimate payments, we also still need real money where everyone including parents will not use bitcoin but prefer paper money as a transaction tool, is complicated.

[Zeque02]

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.

this may not happen in my opinion a better parallel with fiat, both of which have an interest in legitimate payments, we also still need real money where everyone including parents will not use bitcoin but prefer paper money as a transaction tool, is complicated.

I don't think so that it would be happened. Paper money is still needed because there are small business in each of our place such as sari sari store and street foods. Nothing is possible, it may happen but for long long years, it should be start from the biggest business to small business.

[Kizaki]

I doubt if it will. I really think that the government and people will still resort to paper money. It is true that cryptocurrency is more convenient to have, however, people always settle to something that is tangible, people are possessive so they will choose to have something that they can personally have. Government will also have a hard time to monitor money if it will be inform of cryptocurrency.

[Kittygalore]

Sometimes I think about it and I know there's a chance that Bitcoin or cryptocurrency in general can take the paper money role in our daily lives as a form of currency and mode of payment. As time goes by though, right now, Bitcoin is already banned in several countries and with this it lowers the possibility of the existence of Bitcoin and any other cryptocurrency in the future. Maybe one day the government will legalize Bitcoin because they will realize that it is the innovation of the old system of currency which is the paper money.

[fmboyzz]

Maybe that's possible but after a hundred years.

[princess.tyche]

I don't think so. Because paper money is what identify the country. It's like an identity of a country. Beside, lots of people don't know how to use Bitcoin. Even if later Bitcoin start to replace all the payment methods, i'm pretty sure that paper money will survive. For the local of course.

[butcherme]

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.

Maybe in the future because our current technology is not yet fully developed to fully adapt block chain technology to use and replace our current monetary system. The government is still against cryptocurrency since they have no power over it. However, in the future, if people, countries and government will fully accept and adapt crypto it is possible.

[Slash61]

Even though technology has grown tremendously, I think paper money will never go away. Until whenever paper money will always be there in my opinion, does not mean that in the presence of digital currency, paper currency will be lost. After all, paper money is the ancestor of digital currency. Indeed many people say that digital currency will be the currency in the future. But, even so paper money will always be there with him.

[litepresence]

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.

The use of paper money in future will not disappear but it can be used less due to the evolution of cryptocurrency. still now bank is not accepting the cryptocoins and many countries have banned the usage of cryptocurrencies it may take some years to replace the use of paper money unless or untill the above mentioned points has been corrected.