Paper money vs Digital currency

[lonelygrimm]

It is difficult to convince people to accept digital currency. Where I came from, parking payments switched to using e-money, many people objected. Especially if we are forced to accept digital currency. But I think it can be do in stages, starting from the introduction, requiring home bill payments to use digital currency, and requiring important payments to use digital currency, especially state tax payments, which must use digital currency. Maybe if little by little it is applied to our lives, people will be able to accept digital currency and start leaving conventional currencies.

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[plvbob0070]

Convincing the majority of people does not happen in a short period. It takes a lot of time, effort influencing, and knowledge before they can understand and start to accept the digital currency. However, time still does not guarantee to convince everyone because even with its advantages compared to paper money, digital currency also has its own cons, and the lack of technological advancement and literacy are big factors to be considered.

[Rono]

In my opinion, I would say people are comfortable and so friendly in cryptocurrency. This is actually a piece of good news that crypto is very friendly. In Asia and there is much good sign we see for the last few years. A couple of days ago I saw the news about India they are Launch ATM. This is really a positive change and I thought that digital currency will be a future asset and this is really going On a good track.

[YOSHIE]

So, how we  convince the peoples to adopt digital currency?

There is no way to convince the public about digital currency, only governments and certain countries have the authority.

However, that will not happen because the coins are currently being traded in the paper currency of each country, no one has created physical coins for trading yet.
Although currently the majority of people are familiar with coins in the crypto market, they are not the same as gold etc.

[enhu]

The government will eventually adopt digital currencies where we can just use our phones to pay for anything we can buy while we go places. It's already happening. WE still use paypal to pay online transactions, this is just one of the methods that we can still consider digital currency. 

That one that is the most awaited that will truly change things is the CBDC where government back digital currency is on our phones. 

[pinggoki]

Mate you don't need to compare those 2 because they are both important. Paper money is the one you are using in order to buy products and goods from the mall and on the other hand digital currency is what we are using in order to invest or trade, however there are people and some store or shops that are accepting digital currency as a payment but not all  of them are capable of it. We are using paper money in order to exchange goods and that's it. We don't need to push other people to use digital currency because not everybody are capable of knowing it.

[sallybein987]

Such a future, of course, might be a disappointment to many libertarians and tech-savvy investors who are pinning their hopes (and in some cases their money) on private cryptocurrencies such as bitcoin.

[cryptoonews]

I have done extensive research and written a comprehensive guide on How Bitcoin Works
Hope y'all like it.BTC

[Bitcoin577]

Bitcoin is not accepted as a payment system in many countries including big cointries Like USA. We can jope for now only but reality is that note currency working as agood payment syst till now.
In future we can say if big countries accepted bitcoin as a payment system then it possible that cryptocurrency will be used in place of paper notes.
Both have own importance and different use. One cannot ne preferred over other.

[death69]

There is a shift from paper money to digital money already. In my country, although it is a third world country, I can see it quite clearly that my people frequently use digital wallet which contain their money to purchase goods, book transportation and pay for bill. These wallets, however, are centralized by the government and based on fiat but they are extremely useful because it boosts the speed of transactions as well as raise the awareness of technology.

Despite of the fact that new technologies are implemented, it is hard for bitcoin to be accepted in my country due to many black-hat activities. Crimes are abused cryptocurrencies to defraud people and launder money. Moreover, no country wants their citizen to bypass the centralization with these wonderful investments

[Sayeds56]

There is a shift from paper money to digital money already. In my country, although it is a third world country, I can see it quite clearly that my people frequently use digital wallet which contain their money to purchase goods, book transportation and pay for bill. These wallets, however, are centralized by the government and based on fiat but they are extremely useful because it boosts the speed of transactions as well as raise the awareness of technology.

Despite of the fact that new technologies are implemented, it is hard for bitcoin to be accepted in my country due to many black-hat activities. Crimes are abused cryptocurrencies to defraud people and launder money. Moreover, no country wants their citizen to bypass the centralization with these wonderful investments

Well said. It is true that adoption in 3rd world world countries is difficult because corruption has deep roots in society and even worst things is that Politician do very little to eradicate corruption from their country in stead they become part of it. I believe that  adoption of digital currency will be quick in Developed countries and then it will trickle down to developing world. There has to be a Political will from Governments side to adopt this great Technology.

[Terrell]

Digital Currencies Won't Replace US Dollar Anytime Soon: IMF Chief Economist. The chief economist at the International Monetary Fund (IMF) has said digital currencies are not about to challenge the U.S. dollar's pivotal role in global trade.

[kramat]

Paper Money price is not change but country to country paper money change but it not easy to use all country.
Digital currency is any time to use and easy to exchange any country currency. Digital currency is any time to price will be increase. So digital currency is helpful to future savings.

[Yatsan]

People have their own different perspectives regarding digital currencies and paper money for it have something to do with their tradition and daily lifestyle into which they are already familiar upon using paper money for their daily life situation than using digital currencies that is quite or literally unfamiliar to them and that the same thing applies for those people using digital currencies rather than fiat. Both digital and paper money have their own essential usage depending upon the user for the reliance also matters into which type of payment method will be applicable for them as a being. There are people that might be one sided on choosing only one but there are also people that can adapt on using both. We must not push force for those who finds comfortability on using paper money than digital currency and vice versa for it is their own will and choice.

[budi691]

blockchain and bitcoin cryptocurrency made for the future,
so no matter what happens, digital money will be used by everyone because it will be part of the future,
and finally mass adoption will occur, because it must become part of the future and paper money will be replaced by digital money.

[TedMosby]

I have a different perspective about paper money vs digital money.
Digital money will makes you spend more money.
https://www.fool.com/the-ascent/banks/articles/mobile-wallet-causes-more-spending/
It happen on most people, or at least me.
It always be a good and bad side, depend on how and on which situation you see it.

[Casdinyard]

So, how we  convince the peoples to adopt digital currency?

Been discussed for the nth time. More people are using paper money because it is widely and more accepted compared to digital currencies, especially in the case of cryptos. Paper money is receiving more support from all governments and that makes sense more people are into it than to digital currencies wherein most of the time, in some places, the elite ones are the ones who are into such payment method since they are the ones who are more into convenience, likewise in my ountry wherein digital currencies are a bit complicated to use for those people who are not into technology.

[Nhor1011]

blockchain and bitcoin cryptocurrency made for the future,
so no matter what happens, digital money will be used by everyone because it will be part of the future,
and finally mass adoption will occur, because it must become part of the future and paper money will be replaced by digital money.

What about those people still lived in remote areas without electricity, no internet connection and doesn't know how to use even cellphone? How they can adopt and use digital currency easily? I think even in the future it will become difficult for them and I believe despite of the existence of digital money or currency, people will still use fiat money because it was issued by the government. Unless government will replace fiat money with digital money, it could force the people to use the digital money.

[Lanatsa]

blockchain and bitcoin cryptocurrency made for the future,
so no matter what happens, digital money will be used by everyone because it will be part of the future,
and finally mass adoption will occur, because it must become part of the future and paper money will be replaced by digital money.

What about those people still lived in remote areas without electricity, no internet connection and doesn't know how to use even cellphone? How they can adopt and use digital currency easily? I think even in the future it will become difficult for them and I believe despite of the existence of digital money or currency, people will still use fiat money because it was issued by the government. Unless government will replace fiat money with digital money, it could force the people to use the digital money.

Why  would really  be having such transition if both things can really be dealt together? Its true that there are remote places in the world wont able to rech out
when it comes to technology knowledge and capacity which means there are people who would really be falling behind on this when it comes to tech
and other related ones.

Paper fiat would exist no matter what because its just impossible for Government to switch up fully on digital scale  without having those reconsiderations.

There's no need for some versus because both are just the same on giving out the same usage.It might be different on how its done but overall
it was just still the same.

[error08]

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But there is a huge difference between both these two types of currencies.
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So, how we  convince the peoples to adopt digital currency?

are you referring to digital currency such as bitcoin or digital fiat currency? as paper money could be used in form of digital since people have been using it seamlessly integrated into the payment methods. No need to convince people to use bitcoin, it meant to be an alternative, not to replace contemporary fiat currency, unless the country broke then bitcoin is a good option for the citizens, although the developers still have to make sure to resolve scalability problem to perform as convenient as fiat currency.