Will future paper money disappear?

[GREATLOVE]

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 believe in that, that soon bitcoin removed the paper money the dollar because soon bitcoin will become power and will be the next main currency of all people.

[S4roZa]

I think paper money will not go away, it's just that its usage is slightly reduced due to electronic money or E-money. Moreover, in Indonesia, BANK INDONESIA affirmed the Non-Cash National Movement to reduce the use of certain banknotes only. Because the need for money is not entirely fulfilled through non-cash.

[petyang12]

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.

I see your point when a country do a business to another country they won't accept their money when the first country legalized bitcoin and the second one did not so when exchanging money it won't happen as the other even ban crypto. So i think the disappearing of paper money is not good to all mostly because everyone can't access internet for bitcoin that is why it is impossible that paper money would disappear because pf cryptocurrency. I have this in mind about those people that are poor that they don't even know how to use a cellphone and also computer. How would they get their money after they work? Impossible right? Paper money is good to us and those poor people that are thriving to work for their families to make a living.

[nl247]

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

If we are talking about paper money, as in cash, we already know the answer to that. On a normal day, gone are the days when you would even be holding so much cash when virtually everything has already gone cashless.

We practically do almost everything online these days or with our ATMs via POS terminal, so with or without blockchain technology, paper money is already becoming obsolete even though it can not be easily thrown out like that, most especially in places where there is a little bit of limit in technology. This is totally different entirely from fiat system, which 100% would always still remain with or without the blockchain technology.

[yonjitsu]

I don't think fiat will ever disappear in the future given the fact that bitcoin hasn't achieved a global acceptance yet. There are still countries who are against the cryptocurrencies and that what makes it hard for cryptos to replace fiat easily.

[Harlot]

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.

Even not thinking about the technology needed in order to pursue a digital currency world or a cashless world chances are Fiat Currency will stay and be there for the time being. Talking about its legality and how it will survive based on that, our Fiat currency is protected by our constitution and several laws involving sales. Most of our local laws only identify our Fiat Currency as our legal medium of exchange and this is what majority of our law makers is stating on order not to make Bitcoin a legal payment method in their country.

[posi]

Yes, paper money will disappear in the future because the world is changing, new technology is coming in and people are embracing it. However, a couple of years back smartphone was the phone people used and now it android/apple. These mean that people could switch to using the internet transaction or post terminal for their day to day expense.

[Vness10]

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 not disappear because people need this mostly that people who have not know what bitcoin is and don't know how to use it.

[Ampong2121]

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 dont think so and i dont want because its so hard to use the bitcoin for buying and for paying bills. It will be a big change if the paper money will dissapear because first if you buy something small we say for only 5pesos we need to pay in our bitcoin using our phone? i dont like it. And the fees will add,we will just cost more money if thats happen. Even beggar cant hold encrypted form, paper money is easy to use.

[Gulayman]

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 paper money won't disappear. Many people still use it even if in the future.
Cryptocurrency is hard to use now, especially in the newbie. I think it is a long hard study before it use in the future.

[ocid]

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.

although digital technology is going to grow all over the world, the existence of paper money will never be replaced by most countries that appreciate the history that exists in each country itself. digital technology has been recognized as a modern advanced technology but its existence will be set by the government.

[Jlimao28]

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.

Soon! As the technology will be dominated around the world. If all people are educated already in using of bitcoin as well as the technology, it maybe a reason that will make paper null in the future. As of now, we can't say that it can be. But as the futire speaks, maybe there is a possibility fo crypto to change the currency right now.

[keninu]

I think not, Bitcoin is different from paper money. Paper money will remain in use, because the use of paper money is easy. unlike Bitcoin which uses how to use the internet, Bitcoin and Banknote will run according to their respective usability. I also feel that traditional people will be easier to use Paper money than Bitcoin.

[Wonder_woman]

I think paper money WILL disappear but not today because many people are still ignorant with digital money and people could not easily adopt cryptocurrency,  so people need time and crypto must be exposed more before paper money could disappear to be replaced by cryptos.

[miltonpogi]

Well, we all don't have idea about what will gonna happen in paper money in future, but I think paper money will never disappear in our economy, because if you are going to notice this is the simplest way that even low level person can have cash, and  second is that not all can have wallet for BTC and other coin and not all too can have idea on how to use there wallet, and that is the reason why I think paper money will strongly exist in the future.

[BUK2016]

There is no way in which paper currency will disappear as a result of the introduction of crypto currency. Even if the adoption of crypto currency increase significantly that will not in any way.

[Rono]

I think paper money cant be destroyed at all because of Here is no chance the whole world people to provide the Facilities of Cryptocurrency money to use it.If they can provide the people to people it will not be so easy.The Illiteracy Rate is large.So how can we think that paper money will disappear?I Don't think so.

[Kuchiyosenojutsu]

all the paper money will be lost? probably not because there are still so many countries that do not have internet access and still relatively primitive. I know cryptocurrency is now starting to grow rapidly but like america they forbid their citizens to have bitcoin or other altcoin because according to them bitcoin is a threat to their currency.
bitcoin is still not accepted by all countries, so it is very difficult if bitcoin or other altcoin to erase paper money.

[gamaman990]

paper money will be less and less but its replacement will mostly likely be its electronic equivalent. Cryptos will gain some of the payment market share but will never replace FIAT as long as national states still rule the worlds.

[ogini]

Making paper money disappear  means Government will be control of the crypto market,and the blockchain is not design for any third part control