Do you ever wonders why we are using this paper as money?

[CoinAcademyNL]

Yes I have wondered that a lot, in the end the adoption of money is all because of believe. These days this believe is forced upon the people...

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[bajingluncat]

paper money is part of the history of the human revolution, from the very beginning using metal even now, and perhaps many rulers thought paper money was better in terms of quality and security, although now that is doubtful, for a moment I think if this is the development of currencies then there is a possibility in the future when the paper money is no longer reliable, then crypto will replace it, if seen from the mindset and lifestyle of humans now it seems that it will not be difficult, but whose name lives in a country too many regulations that sometimes inhibit changes, regulations that are too rigid and standard will be a big obstacle, maybe it's time to make a revolution, which inevitably takes a lot of hard work and sacrifice to make it happen, are you ready for that?

[Jaycee99]

Just want to share the details about the people who ever thinks that why we need to use just paper as currency and we all are working hard to get those paper.People claiming that bitcoin is not virtual so it cannot be considered as money or they call it as scam or ponzi but they are using just papers for centuries and those paper currency were made out of thin air.

Well as of my point of view bitcoin can not be the only one to be use as the foriegn currency if there will be an inventor and a genius who will set restrictions and to see that there is scams it is the users who must be Disiplined on using bitcoin. An ideal that people will not use bitcoin as a scam or other kind of electronic currency that will be created for us to use on our daily lives.

[meusyou]

The key word is acceptance. Money could be anything until recent coins were still use in some part of the world, that's to show that money itself can take any form-paper inclusive as long as it's accepted and legally recognized in a country.

[zoeylee]

We are using paper money because our government has implemented it for many years. We used it for daily basis and no one can deny how important paper money world wide.

[maydna]

Paper money is the biggest creation by a human in financial and in all country, we use the paper money until now, and it is the big revolution that was still going on. But soon, with the reducing of the sources of the paper money, we can transform into something new which will not limit by resources and we still searching what is the best method to prevent or to solve the limiting resources. The government realizes that soon, the paper money resources will run out and if they don't have any solution then it can attract to the big chaos in every country.

[nambunamba]

Just want to share the details about the people who ever thinks that why we need to use just paper as currency and we all are working hard to get those paper.People claiming that bitcoin is not virtual so it cannot be considered as money or they call it as scam or ponzi but they are using just papers for centuries and those paper currency were made out of thin air.

Money just an intermediary to help people to do transactions easier. We do use money cause it can be trusted even though there is so many counterfeit money out there. I believe soon people will realize that using virtual currency is more safer and more comfortable than using real money and it could be trusted and even more transparant than fiat currency.

[bummm]

I love paper money because I can feel it, I can "smell" it, I can count it in hands and I have feeling of spending money unlike digital money where I do not have that feeling. On the otherside I do not love paper money because you have to spend it physically or trust someone other to spend it.

By the way, American dollars are not made from money. A certain kind of tissue is used for it. Australian dollars are from plastic. Try to destroy Romanian money, and you will fail. Not all fiat is from paper.

[ToyotaFortuner]

paper money may only be used as a sign and as an exchange and as a currency that is very easy to create because it does not require resources that are very difficult to find. until now many people still use paper money.

[Findingnemo]

The key word is acceptance. Money could be anything until recent coins were still use in some part of the world, that's to show that money itself can take any form-paper inclusive as long as it's accepted and legally recognized in a country.

Whatever but it is still a paper don't have any real value but that paper have some disadvantages as well like it can be created by people as well that is why we have lot of fake currency notes all over the world,then why not move to bitcoin which is not created by anyone nor destroy too.

[Snaic]

The banknotes used all over the world in practice are very convenient to use and, in my opinion, there is no reason to question the expediency of using them. Mankind has been using them for more than two thousand years (since 118 BC there is no money from the skin in China), and there is no reasonable alternative to using them.
Despite the emergence of non-cash types of money and cryptocurrency, cash will still go in our world for a long time.

[mhine07]

Just want to share the details about the people who ever thinks that why we need to use just paper as currency and we all are working hard to get those paper.People claiming that bitcoin is not virtual so it cannot be considered as money or they call it as scam or ponzi but they are using just papers for centuries and those paper currency were made out of thin air.

That is why tge fiat currency is still the future of money instead of the digital currency. The paper money is the main source of payments and remitances all over the world , its because the paper money that we are using is much better to use.  Bitcoin is a virtual currency and before you can use bitcoin you must have to learn on how to earn it through the internet and you must have the knowledge about it.

[magneto]

Just want to share the details about the people who ever thinks that why we need to use just paper as currency and we all are working hard to get those paper.People claiming that bitcoin is not virtual so it cannot be considered as money or they call it as scam or ponzi but they are using just papers for centuries and those paper currency were made out of thin air.

Unfortunately, most day to day transactions are indeed still carried out via fiat currencies.

It is also important to note that fiat currencies do not only exist in paper, but can also be in the form of online, electronic currencies. Even blockchains can be fiat currencies if the founder or the creator is able to exert direct control over it, which is something that is impossible with decentralised cryptos like bitcoin.

There are various ignorant entities out there that claim that bitcoin is a ponzi scheme, but like you said, if anything, fiat is the biggest illusion of wealth that there ever was. With bitcoin, it's backed by trust of the community but there is actually something that is tangible to trust - the capped supply of coins. With fiat, the power to create currency out of thin air is often abused that leads to debasement.

[orionluckyse7en]

Just want to share the details about the people who ever thinks that why we need to use just paper as currency and we all are working hard to get those paper.People claiming that bitcoin is not virtual so it cannot be considered as money or they call it as scam or ponzi but they are using just papers for centuries and those paper currency were made out of thin air.

We use paper as a currency because it is recognized and regulated by the government and the world. Actually paper money is part of the human revolution in an effort to simplify and streamline the transaction process. For example, in the past, transactions used the barter system with goods. Then developed and used mining products such as gold, silver and others. And until finally using paper money. Meanwhile, along with the development of increasingly sophisticated and advanced technology, digital currencies are present. Crypto currency is believed to be a substitute for paper money and conventional transaction systems, with its plus and minus compared to the previous form of currency, namely paper money. In conclusion, in my opinion, paper money is a development in the history of exchange instruments that have values ​​regulated by the government and the world. We are "still" using it because it is recognized as a legitimate transaction tool by the govenrment and the world.

[Chicksteen]

paper money may only be used as a sign and as an exchange and as a currency that is very easy to create because it does not require resources that are very difficult to find. until now many people still use paper money.

Paper money is what the government accept to be used by their people as exchange. Before we are just exchange things without need of money but now we cannot get what we want without paper money because that become the practice. It changes and now digital money is acceptable too. But whatever kind of money is that, we are working to get it for living.

[Keyboard PC]

maybe by using paper currency payments can be more comfortable and maybe also the material for making paper money is easier to make and certainly the use of paper money is more traditional and has been done some time ago.

[chrisculanag]

We need paper money because this is a currency that can be use in goods and services.  And i wonder because of the paper money we can see the history of the countries , and even if you not use internet you can use that . We dont need internet connection to transact not like bitcoin and other crypto currencies but in online industry bitcoin is very helpful.

[Lady Coquet]

Just want to share the details about the people who ever thinks that why we need to use just paper as currency and we all are working hard to get those paper.People claiming that bitcoin is not virtual so it cannot be considered as money or they call it as scam or ponzi but they are using just papers for centuries and those paper currency were made out of thin air.

We use paper money as a material to buy the things that we need and we want. Many people thinks that bitcoin is a scam because they do not see the material and they are confused on how would they use it to buy the things that they needed and wanted.

[FunGate]

It is crazy when you think about it. People go to prison for walking into a building and stealing paper..

I'm surprised paper money has survived as long as it has. Most value is already exchanged digitally in the form of credit/debit cards and is much safer and securer than having cash that can easily be stolen or lost.

However, credit cards are also vulnerable to piracy hence the advantage of blockchain transactions and cryptocurrency. The problem as of now is that not everyone recognizes crypto as legitimate.

Sometimes what things represent are more important than what they actually are.

[brooklynian]

Paper money is believed to have value, recognized by law as what can be used to purchase goods and services. This is why so many people are clamoring for the mass adoption of cryptocurrency so that it can ultimately lead to legalization.