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Author Topic: Will future paper money disappear?  (Read 2408 times)
spyerf
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March 30, 2018, 01:02:45 PM
 #281

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.

I also think that way. It would be difficult if bitcoin became a medium of exchange in every transaction to replace paper money. because bitcoin values ​​tend to change and are less practical for daily shopping payments or not everyone understands about crypto.so I think paper money will not disappear and people still choose paper money as a medium of exchange.
Pendularin
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March 30, 2018, 01:16:31 PM
 #282

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.

I also think that way. It would be difficult if bitcoin became a medium of exchange in every transaction to replace paper money. because bitcoin values ​​tend to change and are less practical for daily shopping payments or not everyone understands about crypto.so I think paper money will not disappear and people still choose paper money as a medium of exchange.
I think paper money will not disappear in a future ahead but it will reduced paper money because probably  currency will exist and having good exchange payment through internet transactions. Cryptocurrency is easy and fastest way to transact than fiat money. But I think paper money is also useful for the people who are not totally know about transaction of the currency.
jakoylantern
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March 30, 2018, 04:14:42 PM
 #283

For me, real money can’t disappear, yes the acceptance of bitcoin and some cryptocurrency is growing but compared to real cash the acceptance of bitcoin, and another cryptocurrency is still very low. We all know that some country already bans and prohibited bitcoin and another cryptocurrency because of the reason that they have there own currency. Also, real money can’t disappear because most of all people use real money to their daily expenses and more, even bitcoin is popular there are still plenty of people don’t use bitcoin because of some reasons.  Smiley
Triyavam
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March 30, 2018, 04:26:06 PM
 #284

Due to technological advances, people want speed and security I agree with what you say example now many of us prefer to use debit in appeal with cash to pay,
Perhaps, in the not-so-distant future, paper money can be lost, but for now, people tend to have a sense of security in having something if they can hold it physically.
sirtim20
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March 30, 2018, 04:32:09 PM
 #285

My honest opinion would be yes. And why yes? It is very simple. In the past the use of silver and gold was done always since it is the given to people in exchange of goods that we will buy before we use paper money. Nevertheless, further in the past before the use of gold and silver primitive people used stones and shells in their barter exchange. Now, since human are slowly being introduce to cryptocurrency and the mode of payment nowadays are online there is no doubt the paper money will be gone and will be change by bitcoins and other online currency. Actually as I end this, we are very fortunate that we are members of this forum since it will teach us and open our mind as we prepare to the change that will happen in world of money and currency.
Blue Bell
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March 30, 2018, 06:18:15 PM
 #286

I think that in the future the paper money will disappear because the cryptocurrencies will be the new type of the currency or money that we will be using in the future. More and more people are now getting into cryptocurrency so it is really obvious that it is the future that we are heading to so just be with the cryptocurrency and don't lose hope even the price is going down because it will be alright again soon.
Too early to talk with that but many believe that it will happen obviously people who are in cryptocurrency now like crypto to replace paper money. I am watching some videos and it say cryptocurrency and those physical metals and minerals will next to dollars because of continued falling of dollars.
It is not very early mate as today everything is all upon digital system so if we are thinking that our currency is gradually turning to the digital currency no more paper then it is very fair statement. Dollar is not very common anymore; people prefer to use digital currency for making investment and to get everything they want. We can buy all domestic and all kind of goods with bitcoin, several market are accepting bitcoin and several schools are accepting bitcoin as payment of fees and they are making bitcoin a part of yearly course as they know the worth of bitcoin against dollar now.
mdgabrielzim
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March 30, 2018, 06:29:47 PM
 #287

Money in paper and something millenarian and has been passing from time to time always resting the new technologies and new means of payments, added to that the factor trust that and what does something have value will not let the paper money disappear so soon of the market .
Topaz72
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March 30, 2018, 06:38:19 PM
 #288

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 am believe that in the future, people will using digital money or cryptocurrency. People always seek thing that help them to do their activities and cryptocurrency is more safe than paper money
I do agree with you soon we will see the only currency that people will use to make money and to buy thing they needs in life, bitcoin is being famous at international level because more and more people are getting into crypto currency, people prefer to use crypto currency than paper money, paper money does not give them anything  but only we can use it for the cause of purchasing but we cannot rely on paper money as saving, if we will save it will get rust only but will not grow, but crypto currency use to grow very high it gives profit and it gives future as well.
Rubble898zaitO
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March 30, 2018, 07:54:10 PM
 #289

It's possible, but at not in the near future. I mean yes, technology is moving forward at such an advanced rate and we can more or less predict how that will affect our lives as we live with it. But consider this, before we can only transact with banks via passbooks. Then came ATM's and credit cards that made banking and managing our finances easier. Sure, it's still based off fiat and those wouldn't really work if we don't have any cash in banks but it's still technology at work in my opinion. Some regions are already adopting the idea of digital currency but for the moment, that won't be enough to replace paper money...or even in the immediate future.
doomloop
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March 30, 2018, 07:58:09 PM
 #290

I am sure that in future Bitcoin will more popular and the paper money will be no more, it can be placed in museum only.
That is how I think too about this matter. With time, the money methods have been changing. First, there was only barter system, then gold coins were introduced which were replaced by paper money due to the changing needs of people. Now we are living in a world where technology is evolving every second and it is effecting every aspect of life. There is no way people will stay with paper money forever. Digital currencies are according to the present requirements of people. It would take some time but paper money has no future.

South Park
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March 30, 2018, 08:43:21 PM
 #291

I'm nearly 100% sure in that - people already try to avoid paper money in different ways; in near 10-20 years we won't see them at all I think.
Not possible what are they going to do all of those people that do not have access to bank accounts, believe me governments will like for paper money to disappear but they have no option, paper money can only disappear in countries that have a lot of wealth and in which almost all their citizens enjoy a very good and comfortable lifestyle.

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Hari1123
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March 30, 2018, 10:12:19 PM
 #292

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.


In the future, i believe there will be no paper money in the future because our technology is rapidly upgrading.
nethan1btc
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March 30, 2018, 10:23:37 PM
 #293

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.

On my opinion on that, it's impossible that paper money will disappear. In we try to analyze each country have different currencies across the globe and I don't think using digital currencies will be implemented easily. As we all know many countries banned cryptod currency which they used their own money as their mode of payments and they never rely on such crypto currencies. Also, some areas on each country doesn't have enough strong internet connections or a dead spot on signals which the only way for the online transaction in paying using crypto currency. Thus, paper money is still important throughout the world which make a differences on each country's currency.
Thymoty
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March 30, 2018, 11:20:28 PM
 #294

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 will take a very long time to be able to change the habit of using paper money, but it will happen no longer used paper money, there will be only digital money and cryptocurrency.

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cyberkuto
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March 31, 2018, 01:45:05 AM
 #295

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.
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I believe,  money will still definitely exist, but bitcoin is gonna be a substitute for money. Since,  we are using modern technologies like computer and Android,  things will get more better especially with the power of bitcoin.  I'm excited to life in the future,  since a lot of people investing in bitcoin,  so no wonder when the time comes that money will be replaced by bitcoin. 
ezekhiele
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March 31, 2018, 01:55:25 AM
 #296

I think paper money will not disappear. For the reason that their are a lot of people who can't adopt yet the modern world we had today. Many people don't know how to use modern technology and there are a lot of country that has low internet connection. Bitcoin transaction using digital money can't be implemented in all countries. So, fiat or paper money will still be useful.

ghost07
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March 31, 2018, 01:59:31 AM
 #297

I dont think it will disappear maybe it will lessen because cryptocurrency or digitcal money will be use in future. They cannot let paper money disappear government will never do this thing. Because this money represent different country.
yurenchuang7125
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March 31, 2018, 02:18:36 AM
 #298

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 won't go away, and the material will definitely change (for example, some countries are starting to study plastic paper money). Paper money is not just "paper money", it is supposed to be a credit currency. And neither electronic money nor financial derivatives, bills, and bitcoins, which rely on credit, are produced in financial institutions, without credit.

Electronic money has a fatal flaw. If money is fully virtualized, then terrorists can destroy the world's economy by developing a virus that is powerful enough. Leaders are not that stupid. Money never dies.
parlerm
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March 31, 2018, 02:41:58 AM
 #299

Money will still exist and bitcoin will be still an alternative money.
zergenyt09
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March 31, 2018, 07:06:48 AM
 #300

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.
People need to understand about the fact that bitcoins are now newborns in international market. If someone is curious why it is so, so let me answer this as well.

Dollars and all other currencies have so long ages. They are so matured and against them, bitcoins are just newbies of 9 years. This replacement could occur but in late 21st century, not now. They can only be used as a new currency now.
You can’t say anything regarding it at this very moment because there is only 1% population in the entire world who know about the crypto currencies and that this 1% of the population cannot make paper money disappear from this world.

Till the time, this whole world will not get to know about this concept of the crypto currencies, it will be very much difficult for anyone of us to make paper money disappear.
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