Crindon (OP)
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April 04, 2014, 04:42:28 PM |
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What will money and currency be like in 10 or 25 years? How about in 50 years? I doubt many people will still carry around hard cash in 10 years.
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JohnWalkers
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April 04, 2014, 04:45:07 PM |
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Fingerprint wallets?
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spazzdla
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April 04, 2014, 04:54:39 PM |
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$1000 will be like $10.
Gold, silver and crypto, buy and HODL. Do not allow your hands to become weak, food, water, things of true wealth, aquire these.
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Equate
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April 04, 2014, 04:56:31 PM |
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currency chips
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rohnearner
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April 04, 2014, 05:39:58 PM |
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I agree that after 50years Not many people will carry around hard cash , also I'm quite skeptical that we will be carrying around bitcoins either by then..!
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cosmofly
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PrimeDAO - An Adoption Engine for Open Finance
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April 04, 2014, 06:00:08 PM |
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Not bitcoin that's for sure
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techgeek
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April 04, 2014, 06:03:50 PM |
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Thats what we said something about in 2012 before in the early 90`s. Things are still the same though just some things are automated.
But heck, who knows.
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softron
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April 04, 2014, 06:09:53 PM |
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In 10 years people will mostly use mobile payment systems over cash
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Crindon (OP)
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April 04, 2014, 07:38:17 PM |
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Google X projects will allow access to the internet from anywhere in the world.
People will have all sorts of smart devices on their body, either attached, strapped on, or in their pockets. These can carry digital money.
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Bitcoin Magazine
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April 04, 2014, 07:39:09 PM |
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i like the idea of a finger print. but there is another idea that no one is telling us about every electronic device knows who we are, and can read our minds
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i am here.
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precrime3
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April 04, 2014, 07:44:01 PM |
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First of all, probably hyperinflation unless we start going backed to being backed by something that is actually worth it. IDK if its possible for US to pay off there debt in 10-25 years, and it seems that USD will just keep getting inflated. But like payment systems wise, I hope that we can get rid of physical cash, and like using a gestured base system, such as with a NFC ring or some sorts, maybe eye scanning to confirm? Hopefully payment systems has convenient biometric security, as that seems to be the way to go.
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jambola2
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April 04, 2014, 10:15:20 PM |
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First of all, probably hyperinflation unless we start going backed to being backed by something that is actually worth it. IDK if its possible for US to pay off there debt in 10-25 years, and it seems that USD will just keep getting inflated. But like payment systems wise, I hope that we can get rid of physical cash, and like using a gestured base system, such as with a NFC ring or some sorts, maybe eye scanning to confirm? Hopefully payment systems has convenient biometric security, as that seems to be the way to go.
I'm pretty sure NFC would improve to such a range as bluetooth is currently. Google glasses already seem awesome , I could imagine them scanning your eye , converting that into a specific code and sending it into the machine. The currency will definitely be digital and wirelessly transfered , but most likely not Bitcoin.
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No longer active on bitcointalk, however, you can still reach me via PMs if needed.
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bryant.coleman
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April 05, 2014, 03:33:29 AM |
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I think hard cash will become extinct during this decade itself. Credit Cards or Crypto Currency will replace the hard cash.
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john641
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April 05, 2014, 03:37:57 AM |
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We will be living in stone age. no money only bartering. World war III in six years few will survive.
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rohnearner
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April 05, 2014, 07:25:00 AM |
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We will be living in stone age. no money only bartering. World war III in six years few will survive.
Hmm This is the worst case scenario .. but highly possible..!
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hilariousandco
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April 05, 2014, 09:12:34 AM |
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What will money and currency be like in 10 or 25 years? How about in 50 years?
I doubt many people will still carry around hard cash in 10 years.
Yeah, there are just far too many disadvantages to paper money. I'm sure some form of digital currency will be prevelant within our lifetime. Mobile payments with some sort of bio security features I'm sure will come sooner. Hopefully that'll include paying in Bitcoin too.
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coinnewbit
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April 05, 2014, 09:18:23 AM |
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for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything
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hilariousandco
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April 05, 2014, 09:21:57 AM |
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for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything
I'd say digital money is simpler. Most money transacted is already digital anyway. And paper/coin currency will only become easier to counterfeit with better technology.
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coinnewbit
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April 05, 2014, 09:24:21 AM |
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for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything
I'd say digital money is simpler. Most money transacted is already digital anyway. And paper/coin currency will only become easier to counterfeit with better technology. Indeed they are simpler, but the bitcoin network, protocol and actual 'coin' itself is very confusing to the mainstream public. Maybe in the next half century we may see the adoption of bitcoin into mainstream public.
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hilariousandco
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April 05, 2014, 09:28:20 AM |
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for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything
I'd say digital money is simpler. Most money transacted is already digital anyway. And paper/coin currency will only become easier to counterfeit with better technology. Indeed they are simpler, but the bitcoin network, protocol and actual 'coin' itself is very confusing to the mainstream public. Maybe in the next half century we may see the adoption of bitcoin into mainstream public. It doesn't have to be Bitcoin, but the fiat banking systems are confusing to most people nor do they understand it. Paying for something with an app would be quite simple.
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