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Author Topic: Will future paper money disappear?  (Read 1886 times)
B4rk4d4
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April 21, 2018, 02:10:24 PM
 #681

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.
If paper money disappear what will happen to all the banks in the world?
So aper money will not disappear in the future.
And there are only a few countries that allow the use of Bitcoin & facilitate transactions in their country.
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April 21, 2018, 02:29:17 PM
 #682

I wouldn't count on it in the near future. Fiat currency will always be needed as it makes paying easier for low level transactions like buying ice cream or hotdogs from the stand. Going digital has its risks. It wouldn't hurt if we have access to both in the future.
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April 21, 2018, 02:49:10 PM
 #683

I think it will disappear but not in our nearest future, it will be used for several coming years or even decades for sure. Crypto currencies still not really popular yet worldwide, and still need long time to replace the paper money, especially most governments and banks still supporting only fiat currencies and paper money and fighting BTC.

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April 21, 2018, 02:54:59 PM
 #684

I think paper money will remain in the future. But users have started to decrease or little used in the community. Indeed technology will grow and something like paper money may lose its identity. But not everyone will leave the paper money because they may have problems on how to use the internet. But I myself might leave the paper money and move on to another payment.

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April 21, 2018, 03:05:41 PM
 #685

How could that be, paper money will remain for a very long time. currently there are still many areas that have not reached the internet, it certainly will not allow people to access digital money like Bitcoin. Digital money can only be accessed by the Internet, and only people who understand who can use it. while traditional people in my opinion prefer to use paper money.
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April 21, 2018, 03:06:00 PM
 #686

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 is a prediction and I can not predict this. I really do not know what will happen in the future. Even if the paper money will be lost and replaced with a digital currency. That means the digital currency is very able to keep up with the times and technology. Of course whatever will happen in the future. I'm sure everything is for the common good.
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April 21, 2018, 03:12:16 PM
 #687

I think one day the paper money will be useless. Because paper money is not secure currency. Everybody wants to use a secure currency. And already people use the online transaction for their needs. And day by day online transaction getting more and more popularity.
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April 21, 2018, 03:40:13 PM
 #688

I think it would be hard if the paper money disappeared, because many people still lack of knowledge about the crypto world. Many people don't understand about crypto, they don't know about internet or social media which advertised cryptocurrency. It's going to be a long journey for people to understand to cryptocurrency, and as we know that digital money needs wallet that only can be access by computer or smartphone with the connection of internet. All we need is time to process all the information about cryptocurrency, but all of this could only happen if the country allowed and supported the crypto world.


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April 21, 2018, 03:46:45 PM
 #689

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 this is impossible because replacing the paper money with something digital is unexplainable yet as of the moment.  I can't see anything in the world that has enough technology or power to do such thing even bitcoin I think.  I thing to that paper money has a part with peoples lives and also in the history.   So if ever that something replays the paper money it will be hard or difficult to do this 

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April 21, 2018, 03:49:07 PM
 #690

In 2050 people will joke to each other, that in 2018 we live and pay a paper to each other Smiley I am sure it will be fun, but ofcourse paper cash is  dead

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April 21, 2018, 03:50:17 PM
 #691

That sounds pretty fantastic. This is possible in the scenario of a new American sci-Fi movie. But not in real life.
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April 21, 2018, 03:59:56 PM
 #692

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 the government will not be easy to let the paper currency disappear, and in the future paper money will continue to exist and can still be used for transaction needs.

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April 21, 2018, 04:08:42 PM
 #693

It's obvious that money gonna change in future but nobody can't predict exactly how it gonna be. At my opinion paper money is not bad and also safe way of economy.
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April 21, 2018, 04:16:11 PM
 #694

It will not be possible. However paper money is the most widely recognized exchange rate in the world. Existence is ingrained from antiquity, paper money is also the beginning of the economic exchange rate.
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April 21, 2018, 04:20:34 PM
 #695

That's not possible because  paper money is recognized throughout the world.
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