Paper Money is so Dead

[fenican]

Paper money is fine but COINS suck. Was in a long line at the movies and, you guessed it, some a-hole insisted on digging through his pockets to pay with exact change. Seemed to take hours.

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[Bitcoinpro]

Paper money is fine but COINS suck. Was in a long line at the movies and, you guessed it, some a-hole insisted on digging through his pockets to pay with exact change. Seemed to take hours.

all paper money sucks including coins credit eftpost paypass etc

[tokeweed]

If bitcoins can buy me toilet paper and food in a timely manner then yes cash is not so important any more

you can always trade bitcoin for fiat to buy toilet paper and food.

Not if you have eaten 2 baskets of chicken wings and your butt is going to explode while you are wating for the blockchain transaction to get confirmed lol

be sure to convert to fiat in advance everytime you plan to finish 2 baskets of chicken wings. 

[beaknuke]

paper money ,i rarely use it but it is more reliable.

[tokeweed]

paper money ,i rarely use it but it is more reliable.

especially when you're in the toilet taking a dump and you realize there's no toilet paper. 

[OhYes!]

Paper Money sometimes is even softer than toilet paper I noted.

[Dotrego]

If bitcoins can buy me toilet paper and food in a timely manner then yes cash is not so important any more

Move to the Netherlands. Supermarkets are starting to accept it as well here

[dmugetsu]

Paper money and bitcoin is equally important

they serve their own purpose

[orsotheysaid]

what could possibly go wrong

Probably as much as Karpeles managing the biggest bitcoin exchange, amirite?

Yes, but that is not Bitcoin's fault, Karpeles has nothing to do with Bitcoin itself.

[Dread Pirate Roberts]

I never know about paper money but i think its interested to know how thats work

[countryfree]

Paper Money sometimes is even softer than toilet paper I noted.

I wonder where you live...

[crazyearner]

Fiat money always been doom and gloom too much gets printed and too much of it gets lent out to people never to be repaid and so many country's wonder why they are in poverty or seriously  going under and into doom and gloom. Simple solution to that. Stop lending money to people who cant afford to repay it and stop lending all together unless you can prove you can re pay it within 1 to 2 years and you have something as a security to repay the loan off. Next step stop using FIAT money all together and move to crypto. A couple have done this and living off crypto.  http://lifeonbitcoin.com/ goes to show you dont need Paper money any more to buy stuff pay for things and live happy..

[manselr]

Paper Money sometimes is even softer than toilet paper I noted.

I wonder where you live...

I bet he will miss paper money then. Can't replace that sweet softness gnome saying?

[nextblast]

Paper money and bitcoin is equally important

they serve their own purpose

So did shells and gold. But some are destined to fade out by and by.

[dsyahputera]

Only paper, where's the value? Change it to coin! Oh no, change it to cryptocoin!

[R2D221]

Paper money is fine but COINS suck. Was in a long line at the movies and, you guessed it, some a-hole insisted on digging through his pockets to pay with exact change. Seemed to take hours.

What should we do, then? Have 1¢ bills?

[leopard2]

PAPER MONEY???!!! That is a very optimistic term.

Only some 1-3% of money exists in such physical form, 99% is just numbers in computers, central banks do not print money, just type numbers in computers 

If the big one hits, people get coins, not paper, because they will be getting cents on the dollar/euro/franc, whatever!

BTC is not leveraged, it is like electronic cash but it is much more real than fiat money

[nachoig]

I would change the title to "(Honest) Paper Money is so dead". Which also is bad.

Paper money is still the best option when you can't pay in Bitcoin or in precious metals. But now people prefers to pay using debt/credit cards. Debt and credit card (or any other form of eletronic transfer using banks) is what killed paper money. So (at least in my opinion), the mission of Bitcoin is not killing paper money, but killing debt and credit cards.

Paper money at least remains as legal tender, and with paper money, you have what you have. With banks eletronic money, maybe you won't have what they say you have.

[pereira4]

The only paper money that is still alive and kicking is Monopoly game. Such a fun game to play after so many years

[grendel25]

As long as people spend it, paper money will not be so dead.  Besides, who could resist the appeal of the Benjamin?  Not this guy.