Will future paper money disappear?

[ymirymir]

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.

Well I think that would be too impossible for now because paper money is what the world known to have as means of transaction. I believe that it would be hard to replace paper money since most of the people don't have enough idea about bitcoin. People don't have any idea on how to access bitcoin.

[omonuyak]

Technology is the currency of the future and I think with the level everything is going we may have to do away with cash and fiat in a develop countries but the underdeveloped countries may find it difficult to get in With this technology development. Bitcoin is going to replace cash in future.

[Beabtc11]

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 very impossible that paper money will disappear even if cryptocurrency is very well known today. Some country can't  afford high technology of bitcoin. If paper money will not be recognize, how can we buy in a sari sari store if there is no internet?  That is one of the possible reasons why it will not disappear. And also government is not favor in cryptocurrency becauseof some reasons.

[hubble_kind]

For the few decades, I'm sure no country has yet dared to remove the paper money. Paper money is still reliable for now, this is because the government of the country itself who issued it and its value is not easily wobbled. Maybe only reduce the circulation.

[NVCPRO]

Hi everyone, I think in the future paper money will no longer be as popular as today, but instead are digital coins, digital currency has better advantages than paper money. If the world still uses paper money, the world will not grow.

[Meowth05]

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.

Well in my opinion there's a low for this phenomenon to happen because way back as how our ancestor to make transaction to each other they used coin and compared to what we have now is we still using it but the bills have been added. Therefore, paper money will not disappear but rather it will add new mode of payment which is cryptocurrency.

[beezunus]

I think not, because what I see people use bitcoin as an asset for their future and not many use bitcoin as a currency and when it will be used to buy something they will trade it into an official currency for use

[kimmy724]

With the advancement of connected world, anything that is physical will be render insignificant. Like postal service that is now in near dormant, paper money may follow its trail . This has been happening in the last 30 years with VISA and mastercard.

[domaska]

they cuold, but eventualy it wuold be supper eazy to track every payment we made, which means that we will be controled by banks/govs even more. Overall, controled people are not happy, so paper money will remain to exist.

[longwintershere]

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 really think so. More wearable tech will be getting into our everyday lives, less sense it will make to be using the cash instead of cashless payments performed online.

[Theo222]

maybe in the future all paper money will disappear or will be lessen in the number. because we are on the way in the paperless era soon we will going to use all cryptocurrency in all transaction because it lessen the hussle in paying and receiving money.

[Tigorss]

The world is really experiencing disruption. First the beginning of human civilization, to complete the sale and purchase transactions, we are familiar with the barter system. In short we finally got into the payment system with paper money. Gradually the early 80s we were introduced to plastic money aka credit cards and ATMs and the like, and now we go back to the era of cashless (nontunai).

[snowwyjonny]

It could happen, but I still want a paper money in the future in certain circumstances. Yes digital currency is good but we all know that it has disadvatagea too, and paper money could ease that disadvantages so with paper money and digital money in the future will be available there would be a balance in our currency and money.

[Quesdana]

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.

There is a big possibility that paper money will be gone in the future because of digital currency. It may take a lot of time though because not every people in the planet have known digital currency but we are going there.

[bitcoinajax455]

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.

There is a big possibility that paper money will be gone in the future because of digital currency. It may take a lot of time though because not every people in the planet have known digital currency but we are going there.

Probably paper money will be gone in the future, it would be replaced by cryptocurrecy. If the government in every country support to use bitcoin o cryptocurrecy. We are now in hi technology, seeking more discovery to make our life easier.  There will be no more paper money in the future, becouse many people are now adopting digital curenccy.

[mr.nby]

Although paper money is gradually losing popularity for non-cash payments, they will continue to exist for many years. Especially in less developed countries where less developed infrastructure delays investments in new technologies.

[eaglewhite80]

I don't think so due to government law it's too hard to disappearing the paper money beacuse it was become legal trading tools maybe it takes lot of times to make any countries accept the crypto and using it as legal trading tools such if you wanna buy things in minimarket you can spent btc for this.

I feel some of us are misconstruing this. Paper money is totally different from fiat as a whole. Fiat will definitely remain no matter what, but when we are talking about paper money, we are talking about cash here and from what I am experiencing personally from my own angle, it seems this is gradually becoming irrelevant in some places and in most of the places that are developed, hardly will you see people using cash these days except once in a while if it is just necessary. So, will paper money one day go into extinction? The likelihood is definitely there.

[GreatBug]

There is some chance that this will happen but i can't imagine that everyone on Earth will have internet connection and own computer cause only at this time paper money will have chance to disappear.

[nakamura12]

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.

That may happen but i think there are paper money left and also there's a digital. In my country we had it like that with both money digitaly or paper money. At some countries i don't really know but all i can say is cryptocurrency started because of paper money as a starting and turn to digital by satoshi nakamoto thus it's price is determined by us about it's market cap, in my point of view i like as what crypto and paper money this day or even tomorrow and in future time of course.

[redsap]

yes it can be in the future all that money paper will exchange to digital currency, and also i think that good to ecosystem and nature that we don't cut many trees to making a paper for money, sometimes modern future are really affected for the nature because the new tech will change the old one and the material of need too