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.
Topic: Do you ever wonders why we are using this paper as money? - page 9. (Read 1855 times)
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I have found that most people are uninformed about how fiat money really works, it's astonishing how many people still believe that fiat money is backed by gold.
Anybody that think or believed fiat money are backed by gold definitely lack knowledge about how currencies works and the last time I checked fiat currencies was created because gold which was first used as currency is not easy transport and divide. However, the Chinese are the first country to use paper money.
It's not that we need to use "just paper" as a currency. It was more like it was what we were introduced to a very long time ago. It's been existing for a very long time, so people are used to it, and have been treating it as the "official" currency worldwide. On the other hand, the reason many people don't treat bitcoin or cryptocurrency as an official currency is because even after 10 years of existing, it's still fairly new. Give it more time and they will adjust to it, and hopefully will start treating it as alternative to fiat.
Paper money is our traditional money and I think it is hard to replace another currency because people are usually used paper money aside from digital money. Yes, we have to chase digital money(crypto) because we all know that it is profitable but after we've got we change it into fiat. So the majority used by the people is paper money.
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.
I used to think about why we had to use paper money to exchange our needs. Then I poisoned some of the information and learned about economics and realized that we needed things that gave an absolute value to certain values in exchange so that things became clearer. 
Paper doesn't give us the feeling of safe anymore. We all know about all of those schemes of early 90s. They also used paper money, self made money, which gave to people the feeling of true thing.
Our planet is full with old generation who used to use and trust to paper money, that's why they see crypto which cannot be touched as something unsure. Young generation which understands and use such things as bitcoin is very low and we need really much time to involve bitcoin in our daily life.
Our planet is full with old generation who used to use and trust to paper money, that's why they see crypto which cannot be touched as something unsure. Young generation which understands and use such things as bitcoin is very low and we need really much time to involve bitcoin in our daily life.
We need paper money cause its not complicated to use, paper money is the new generation of trading things. if we don't have paper money buying small things will be complicated and it also balancing our daily life to have an easy transaction when we want to buy things etc.
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.
Paper is worthless, fiat system is unfair. I prefer like to get salary in form of gold or silver because the price is always move inline with the commodities price. So there is no inflation and it can't be manipulated. Actually bitcoin also has no intrinsic value but it has almost of the characteristics of gold. Paper money is banknotes and bank create it to make our transaction practical but bank in the past have lent their customers gold to gain profit. 
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.
This is a funny question, I think we have a long history of transactions from time to time and continue to evolve. until that's where bitcoin was created as a new invention in this century in digital technology.
I think you will understand after I explain
because it is the cheapest material and it is easier to scam people and make them work for cheapest paper))
They are printing that shit everyday and you are working everyday for this shit
They are printing that shit everyday and you are working everyday for this shit
It is also developing like the cryptocurrency we have today. Bitcoin is the new currency in this generation.
Already the paper money used by all over the world so it become completely developed now but how the people changed to the new currency when they found the negatives of their system they adopted to the new one so here also they might accept bitcoin because of their centralized system has problem with the valuation.
The country who first use a paper or folding money is the chinese people during the Tang Dynasty which lasted about 500 years. Later on adopted in europe in 17th century then later on adopted all over the world.
Long time ago people are just trading products that they dont have. Then we use copper, then silver and gold to buy goods and items. Because of our ancestors creativity they built a paper money and coins with the specific value with the support of the government which was widely use all over the country.
It is also developing like the cryptocurrency we have today. Bitcoin is the new currency in this generation.
Long time ago people are just trading products that they dont have. Then we use copper, then silver and gold to buy goods and items. Because of our ancestors creativity they built a paper money and coins with the specific value with the support of the government which was widely use all over the country.
It is also developing like the cryptocurrency we have today. Bitcoin is the new currency in this generation.
I completely agree with you. Fiat currencies are not backed up at all and have no actual value. Unfortunately, such a financial structure was formed over the years. But cryptocurrencies, in fact, are also not backed up by anything. The only thing of actual value so it's precious metals, real estate, land.
The paper or fiat is being guarantee by the government so the price will always be there, while bitcoin was created by some one or group and the value comes out because there are supply and demand, so without any supply and demands the value will be disappear, this is one that people afraid and for the one that doesn't understand, then the person will consider bitcoin as a fraud
Those governments also were just controlled by the group of people so they may use this system for their purpose if they want and hey also doing that so trusting a decentralized supply and demand currency is better than trusting currency controlled by some group.
I think we use money as a paper because at first we use copper or metal as a money long time ago and its like too heavy to us to use it as our main money, so people's idea were so amazing because they invented all of this to help us paying easily and because of this metal, paper or digital money will give as a fair situation to do hard work to what we want.
Paper money is reflected on government trust. Government issuing paper money because paper money replace barter system. In other side, bitcoin is decentralized system and bitcoin have value because people trus on network security
The paper or fiat is being guarantee by the government so the price will always be there, while bitcoin was created by some one or group and the value comes out because there are supply and demand, so without any supply and demands the value will be disappear, this is one that people afraid and for the one that doesn't understand, then the person will consider bitcoin as a fraud
Which literally means we are just slaves to our governments of they say some paper has value we need to follow them.Then why not we agree bitcoin too have value.This the thing what people need to know.
Like it or not, fiat has value as long as we accept it as form of payment, regardless of how much of a slave we are to our governments.
I accept it as form of payment, and so do billions of others. Do you think even 1% of the billions of people using fiat think of it as if they are using a currency that's forced upon them by their government? They use it because it's convenient, enjoys near 100% acceptance, allows them to enjoy buyers protection, etc.
Most people here gladly accept Bitcoin if you want to buy stuff from them, which means that Bitcoin enjoys just as much value as fiat, and maybe even more in some fields.
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.
Actualu i dont definetly wonders why we using paper money,because we already know thats since from the start in order to become civilized and formal trading transaction or barter we used paper money as an representative of gold,therefore the money we used daily in trading and spending have an equivalent amount of gold in the banks so therefore a country could not create more money without corresponding certain amount of gold in the banks as monetary fund.
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.
Actualu i dont definetly wonders why we using paper money,because we already know thats since from the start in order to become civilized and formal trading transaction or barter we used paper money as an representative of gold,therefore the money we used daily in trading and spending have an equivalent amount of gold in the banks so therefore a country could not create more money without corresponding certain amount of gold in the banks as monetary fund.
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