Alternative currency ( paper money )

[audaciousbeing]

I probably would not use it. What makes money "money" is not about whether its printed or electronic its because its being accepted as a medium of exchange and attached value. Remove those from it, its just a worthless piece of paper.

And again, the term government goes beyond an elected body at the national or states level or any constituted authority. A mere coming together of some people to control something is a form of government on its own because they would be deciding for others. As it relates to paper currency, it cannot be unregulated as some people would have to be ensure its printed, its secure, the value does not drop, its relatively scarce, its in various units, it does not leads to inflation and all of that is regulations.

[blockman]

Unregulated paper money? I would even be charged of doing something against the law so I won't bite the trap.

Like what everyone says that will be illegal and you will be fined or worst be in jail for doing that when caught.

[Corelianer]

The money I do not think that will be in demand, either within a community or company. They have no way to the world arena.

[stiffbud]

Cryptocurrency are highly use cryptocurrency in this time. And i don't think so that cryptocurrency fully take over paper currency. Cryptocurrency are digital in nature so in order to access it you must need Internet but in some place Internet not present so in this area paper currency are highly used. Paper currency are less volatile where as cryptocurrency are highly volatile and because of this paper currency are highly used. And papers currency are easy to use and trusted.

[Faeton]

If there was an alternative currency (paper money) unregulated by the Government would you use it?

It makes no sense to use paper money issued by someone. Paper money is, as a rule, the obligation of a country to redeem a paper note at its face value from you if you have problems selling it. Paper money is also provided with the material goods of this country.
Such paper money will be absolutely useless and will not be in demand. In addition, surely they will have very low protection against fakes.

[pumbum]

paper money? then who would print them? an independent and incorruptible organization? I think it's utopia.

[yusupjatigumilar]

I will not use it, because if there are currencies (banknotes) whose circulation is not regulated by the government then it can be said to be counterfeit money and the punishment for dealers and users is quite heavy, transactions with banknotes are not the same as transactions on online markets, transactions with physical money is easier to recognize if there are irregularities in the paper money we use

[auroboros]

Of course I will use the money if it can indeed be made an alternative other than the money supported by the central government, because that is the same as using crypto currency as a medium of exchange other than money, except that the difference is that crypto currency does not have a real form, anyone can make something that can replace money, but only one question remains, whether the item can replace money as a medium of exchange, if yes, so why not

[Reid]

If there was an alternative currency (paper money) unregulated by the Government would you use it?

Would you use it?
You didn't even specify if there is a value. It could just be a fake money.

The question have no sense here. Perhaps this will be deleted after this message.
Next time be as specific as possible and also share your thoughts about it.
Maybe we could answer it correctly if the question is also done in a way that we understood it.

[spongegar]

Nope, fiat as it is is crazy easy to launder depending on the country. Unregulated ones will just throw a huge wrench on the current system and just crap on all of us. Besides, the execution of an unregulated paper currency is ridiculous. Monitoring it would be a night mare and imagine distribution of it too?

[EllieBasti05]

Alternative money not regulated by the government ?

Ofcourse not! I will not use it. It would be fake because the money should be regulated and supported by the government. You can be put in jail if you use that alternative currency.

[horrifiedx1]

Nope, fiat as it is is crazy easy to launder depending on the country. Unregulated ones will just throw a huge wrench on the current system and just crap on all of us. Besides, the execution of an unregulated paper currency is ridiculous. Monitoring it would be a night mare and imagine distribution of it too?

even if the digital currency is legalized by state, of course what policies will be made by government. especially paper currency, like today, i think it will be difficult to be decentralized, i can't imagine that

[sheenshane]

Nope, fiat as it is is crazy easy to launder depending on the country. Unregulated ones will just throw a huge wrench on the current system and just crap on all of us. Besides, the execution of an unregulated paper currency is ridiculous. Monitoring it would be a night mare and imagine distribution of it too?

even if the digital currency is legalized by state, of course what policies will be made by government. especially paper currency, like today, i think it will be difficult to be decentralized, i can't imagine that

I don't think so if that digital money has been already legalized by the state as far as I know still that digital money(crypto) were not legalized and also not having regulation about this. Aside from other countries that until now they are still banning this kind of digital currency. Probably, the digital currency has the potential to be an alternative currency of paper money but as of now, we can't conclude.

[Marial Carter]

If there is a certain amount of money that can replace the paper money, the biggest possibility is bitcoin. Because it can now be compared to paper money in the market but for that to happen, there are a lot of adjustments in bitcoin.

[maianh09]

You can use apples as a currency, I pay your tomatoes with apples, then you buy fishes with apples etc. We don't need to get the apples regulated by the government. In the old time, the sugar was the only currency, then gold, then coins, then paper.

Don't forget about salt blocks. It's still being used as currency in some regions of Africa I think.

This is true in some underdeveloped countries as well as in making currency in these countries become irrelevant, and they have to use valuable items as intermediaries in the delivery. Translate. This is really bad, and they should use Crypto or any other solution for these about bad things.

[Irvinn]

If there was an alternative currency (paper money) unregulated by the Government would you use it?

Paper money is used only when it is provided with gold or, in general, material assets of a certain state and is guaranteed by this state for the obligatory acceptance on the territory of that state by all institutions and organizations.
What can guarantee paper money, issued by someone unknown and, apparently, not supported by anything? It is unlikely that anyone will accept such papers as money.

[aris av]

I will not use it, paper currency that is not regulated by the government so it is no more like ordinary paper that has no value.

[Burogh]

If there was an alternative currency (paper money) unregulated by the Government would you use it?

I wont use it that paper money. We use fiat paper money because we trust on our government. No authorities can issue paper money without approvement from government

[daniel08]

I think there is no alternative paper money to be use , the only paper money that is being issued by the government is the fiat money. If the government issued any alternative money that is the start of the so called future because that is when money has many sources like cashless and digital payments.

[Pattart]

I probably would not use it. What makes money "money" is not about whether its printed or electronic its because its being accepted as a medium of exchange and attached value. Remove those from it, its just a worthless piece of paper.

And again, the term government goes beyond an elected body at the national or states level or any constituted authority. A mere coming together of some people to control something is a form of government on its own because they would be deciding for others. As it relates to paper currency, it cannot be unregulated as some people would have to be ensure its printed, its secure, the value does not drop, its relatively scarce, its in various units, it does not leads to inflation and all of that is regulations.

Very funny, even bitcoin with blockchain technology that is very innovative, many people are contra because it has not been regulated. let alone paper money which is an outdated and unregulated payment method? lol. if you want to make it like that, no one will want to use it Pal. because nowadays many developers are competing to create platforms such as fiat wallets for payment methods..