the future real money

[ChrisPop]

We as a society are in a continuous evolution. The technology sector is obviously evolving at the fastest rate, but as it has many applications in other industries it drags them up like a magnet. I think Bitcoin will be adopted as a global currency in 3-5 years and we will have the option to pay with it at almost any store in the world.

[LUCKMCFLY]

We as a society are in a continuous evolution. The technology sector is obviously evolving at the fastest rate, but as it has many applications in other industries it drags them up like a magnet. I think Bitcoin will be adopted as a global currency in 3-5 years and we will have the option to pay with it at almost any store in the world.

I think the same, I also believe that in a maximum of 5 years people will be handling Bitcoin as an additional option to those already known, if bitcoin enters the uptrend it will attract many more people, it is a fact that we are on that path.

[Dessy88]

As every aspect of life, especially goods and services are becoming digitized and have their values exchanged on virtual platforms, it's only natural that payment methods will also follow the trend.

all possibilities can happen without anyone knowing for sure but replacing the real currency function I think it's something very difficult maybe a changeable function

[GymClassHeroes]

The powers that ve will not allow for a fully decentralized money systems that will ultimately make central banks obsolete.the best we can hope for is a future where cryptocurrencies are allowed to operate freely alongside the traditional fiats.Not necessarily replacing it.

[GymClassHeroes]

As every aspect of life, especially goods and services are becoming digitized and have their values exchanged on virtual platforms, it's only natural that payment methods will also follow the trend.

all possibilities can happen without anyone knowing for sure but replacing the real currency function I think it's something very difficult maybe a changeable function

For obvious reasons,goverments will not want to give away their powers to create money and those control use.It will make governance near obsolete if they really lose the power of control.Plus the fact that most politicians are sponsored by companies whose interest maybe ne sidelined by the progress of cryptos .it is both an economic and political issue,not just texhnological

[0t3p0t]

It is already happening if we will talk about virtual payments using fiat and crypto (btc and some other alts). It will take time until crypto will be accepted in any means but for sure it will happen but basically I don't think it will replace fiats as this is like the roots for using in payments(services and goods) and if I am a businessman I would rather hold a currency with steady value.

Correct. Cryptocurrency payments has been here since 2014 in my country  but that time only Bitcoin is supported by merchants until time came they accepted, local currency and Altcoins like Ethereum, BitcoinCash, and Ripple. Governments don't allow cryptocurrency to dominate in a specific country unless they legally support it. In the near future I think crypto payments would be the new trend online I am not that sure in a physical store but who knows? One example is that of Japan where some stablishments accepts Bitcoin payment.

[daarul50]

Changes will come soon, where now people have been introduced to various payments digitally even in various countries digital payments have been officially used by people. Virtual payments have various advantages, one of which is effectiveness and instant. People do not have to take paper money first to a bank to make payments but they only need to make payments using their smartphone and progress such as it must be used by crypto to be able to enter enliven blockchain technology for the progress of the world economy.

[poptok1]

Almost all payments now are digital.Fiat money are digital money
if you see a lot of altcoins than first have in your mind that there are pure scams what wants to steal your money.You can lose your money with them.Most of them are kind of virtual trash worth nothing

That's true, future is now and it's not necessarily a good thing.
Since the '60 along with introduction of computers in to banking system, all so called real transaction went digital.
Now we are facing 98% digital fiats. Double the falseness and quadruple the trouble. There is no future for paper money... it was already replaced by digits, long long time ago. I'm deliberately avoiding to call them real, because they are not.
Only coins made of precious metals will survive upcoming or rather current fin-tech revolution.

[awawo]

The digital currency is the future of all transactions as there can not be border restrictions on it, with the coming of cryptocurrency the world have revolutionized the financial system and replacing the old financial system with digital currency which will connect the whole world together.

[Haxor321]

I think it is possible that people will be using digital currency as a payment to buy goods, paybills and many more in the future. But i think not all countries will go cashless lile china because they hate QR codes and crypto, so it will take a lomg time before everybody will be using digital currency.

[ausbit]

That doesn’t make any sense and it’s not going to happen at all. Altcoins are being released everyday and 90% to 99% of them released would always fail; some are scam and others are due to lack of funds. There will still be physical money no matter what, and there will also digital ways of making payments, it will all depend on your choice and what you choose to make use of.

even though many people use digital currency, the paper currency will remain in place for a long time. so the future of banknotes is very good

Yes physical notes are very important, and sometimes I wonder if the people here really knows that, cause some of them talk like they don’t even know that there are lots of things that we can do with physical, it is not everything you do that requires making use of digital means of transaction. I hardly make digital except when I’m buying things online.

[Kuchiyose]

I think it is possible that people will be using digital currency as a payment to buy goods, paybills and many more in the future. But i think not all countries will go cashless lile china because they hate QR codes and crypto, so it will take a lomg time before everybody will be using digital currency.

Some countries have their own rules for valuing virtual currencies at this time but we will see in the future that all will have a type of virtual currency that you can use anywhere and anytime.

[Apes]

virtual currency is increasingly popularity in my country. because of the ease of use and many merchants who join work together using this facility. Virtual currencies will continue to move forward in line with developments in the times due to government support. for reasons easier to control and can be regulated unlike crypto currencies.

[Naida_BR]

I think it is possible that people will be using digital currency as a payment to buy goods, paybills and many more in the future. But i think not all countries will go cashless lile china because they hate QR codes and crypto, so it will take a lomg time before everybody will be using digital currency.

I can't see that happening in day to day goods exchanging. It could be a case however when two merchants from different countries were to make an exchange and make the payment simultaneously. Having said that, It could be a reason to make a crypto payment. I don't see that there is crypto that can serve daily transactions between people. Bitcoin is powerful but I see it more as a way of storing value.

[jhongzjhong]

I think it is possible that people will be using digital currency as a payment to buy goods, paybills and many more in the future. But i think not all countries will go cashless lile china because they hate QR codes and crypto, so it will take a lomg time before everybody will be using digital currency.

I can't see that happening in day to day goods exchanging. It could be a case however when two merchants from different countries were to make an exchange and make the payment simultaneously. Having said that, It could be a reason to make a crypto payment. I don't see that there is crypto that can serve daily transactions between people. Bitcoin is powerful but I see it more as a way of storing value.

That is what I have noticed now, people won't exchange their bitcoin as payment because they think that much better to store and wait for a better value than having transactions via paying bills and etc. Well, we could not blame them because we know that bitcoin was too volatile and may have a profit if we can patiently wait. However, we have a different perspective view on bitcoin regarding payment or investment.

[UNOE]

The future of digital money is probably digital, because we have need to digitalize almost everything. Future money will have property of inalienability and easy transferabillity,, which will give gas for cryptocurrencies adoption.

[CarnagexD]

The future of digital money is probably digital, because we have need to digitalize almost everything. Future money will have property of inalienability and easy transferabillity,, which will give gas for cryptocurrencies adoption.

Yes I do believe also on digital money on the future but i guess its not near for it to happen. As you will see, the evolution of money from commodity to fiat is that they are tangible, meaning they have physical appearance unlike the digital one.

[anggracoin]

It is clear that virtual money is growing rapidly. Various projects in various fields emerged offering tokens or coins with their latest technology to be a fact of growth. However, this does not mean being able to erode real money. I think changing all real money with digital will be difficult and requires a very long time for that possibility. So, real money will survive in this world.

[Chikitita2004]

Everyone thinks like this but not all cryptocurrencies we know we can use to buy or pay for some basic goods so it cryptocurrency will be circulating in our daily transactions, shopping, restaurants, gas etc, I wonder which cryptocurrency would that be. Even bitcoin is not yet accepted widely as payment though there are some that accepts.

[rika0223]

if all switch to virtual currency, then what about real money conditions whether each country will stop making real money in the future I don't think so ... !!?

in my opinion the function and nature of the real currency will remain that will change in the future only the forms and methods of use that change will become more practical fast and efficient in the future