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Topic: Do you think digital currency will ever replace paper money? - page 25. (Read 11210 times)

newbie
Activity: 59
Merit: 0
Paper money and digital currency are not same thing. Both are not use in same purpose. Digital currency is using in online  transaction and paper money is using in physical transaction.
sr. member
Activity: 910
Merit: 255
I dont think it is going to replace but ofcourse it is going to become much more popular. Like we will have a 3rd option cash, credit card and digital money payment options everywhere in very close future.
member
Activity: 102
Merit: 14
Yes, surely the digital currency will play a major role in the future, however, paper money will not disappear for a long time, because there are always people around who do not want to adapt to new things.
Yes, the emergence of digital currency symbolizes that our consumption has entered a new era. However, this does not mean that everyone can accept this digital age. There are still many people who can not keep up with the times. Therefore, the paper currency ratio may disappear and the digital currency Can not replace paper currency.
full member
Activity: 462
Merit: 104
Crypto Marketer For Whales
Crypto will definitely replace paper money. Come on, it's the future. It's secure. What else could a person trust  as money but crypto?
sr. member
Activity: 1274
Merit: 259
technology and innovations made bitcoin very well. and I see the bitcoin is still the best to date compared to other digital money. but the need for paper money in each country is still very wide impact, in some countries in every village is still difficult technology and even the Internet. that would be an obstacle to bitcoin. if you can, it should be done in a mass worldwide without exception.
newbie
Activity: 58
Merit: 0
I really don't think paper money will replace. especially in Philippines, they have a lot of store they accept cash only. Maybe in the country, yes. they're almost using their bank card when they're paying.
member
Activity: 238
Merit: 57
I think the digital currency will replace the paper money in the future, Even the half of the work is done. Most of the people in nowadays are using the digital currencies because of its easy way to transfer and the security. They major use the digital currencies for trade purpose because digital currencies have easy way to transfer from one city to another even in all world.
full member
Activity: 420
Merit: 102
Arianee:Smart-link Connecting Owners,Assets,Brands
I do not think that's possible, most people prefer to carry paper money because it's easy to carry, not digital money that requires internet connection.
Yes, it's impossible to replace the paper money, don't expect everybody to use the technology to use the digital currency as they don't have the privilege to use the digital money and still the majority of the population is using paper money and also governament issuing paper money.
full member
Activity: 658
Merit: 102
I think that the digital currency will not be able to replace conventional paper money in the near future, since the necessary conditions for this will not be for a long time. Now, not all members of the society of any country are ready to switch to using exclusively crypto currency. As far as I know, now Sweden, Denmark and some other countries want to switch to the use of only crypto-currencies in the next few years. It seems to me that they will not succeed. In addition, it is necessary to take into account the too high volatility of bitcoins and to tie your economy to it would be very risky.
full member
Activity: 250
Merit: 100
Yes, surely the digital currency will play a major role in the future, however, paper money will not disappear for a long time, because there are always people around who do not want to adapt to new things.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
It can only possible of government  support bitcoins or any digital currency. But unfortunately almost every government are against bitcoin and digital currency and want it to fall down. Not with paper but some online wallets can make there own digital cards. Like payoneer company just did. Maybe in future Some wallets launch there own Digital Debit cards.
newbie
Activity: 38
Merit: 0
I do not think that's possible, most people prefer to carry paper money because it's easy to carry, not digital money that requires internet connection.
member
Activity: 336
Merit: 10
I think digital currency will be able to replace paper money in the future. Because digital currency is also a currency. At present, digital currency is the trend of the future, it is the evolution of currency and technology. Owning digital currency is also the possession of similar properties to gold. However, I think using both paper money and digital currency for payment will be easier and more efficient.
member
Activity: 336
Merit: 20
Personally I say yes as our society becomes increasingly dependent upon technology, digital currency will become a more popular means of paying for different things and it is more effective and instant. I haven't used much physical money in the past 8 years and I rarely had any problems with that.

What do you guys think? Wink



Yes, in few years paper currency will be replaced by the digital currency because even now we can pay or receive digitally and without any hassle . People find it more convenient and safe.
full member
Activity: 231
Merit: 100
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I think this is only possible if it involves govts and banks. Otherwise we are not expecting this as some day all govts may announce to stop using digital currencies other wise penalities but if govt starts their own digital currencies and promote to use it then it may replace paper currency. One more factor is access to internet by every man that will influence this
sr. member
Activity: 573
Merit: 251
Hello, I am fully convinced that digital currency will replace paper money; since the trend is to pay for electronic transactions, in addition to environmental protocols, you must tend to save raw materials. Wink

Today many weaknesses are found in paper money, for example is a printing technology that can make counterfeit money, this is what all countries worry about making digital money more practical, safe and easy to control.
full member
Activity: 392
Merit: 112
I don't think so, we will have both physical and digital currency in the future but not a replacement

I agree on this. It will not totally replace but we can use both because if other people don't know or want to use digital currency, we can't force them because they have paper money to use as payment to every services or items in this world.
newbie
Activity: 10
Merit: 0
I do not think so. There is no electricity everywhere, and even more Internet. Paper money has still a long time to live !

Paper money has still a medium time to live and They will be replaced
full member
Activity: 344
Merit: 100
Personally I say yes as our society becomes increasingly dependent upon technology, digital currency will become a more popular means of paying for different things and it is more effective and instant. I haven't used much physical money in the past 8 years and I rarely had any problems with that.

What do you guys think? Wink

I do not think so. Paper money is still needed for small or simple purposes. And also digital currency has not reached a remote area of a country. The Internet I think is our means to use digital money. However I think it will never replace the paper money. Because paper money will continue to be used by many people. That's just my opinion.
full member
Activity: 167
Merit: 100
I do not think the digital currency will be able to replace the paper money because not everyone can mengoprasikan technological devices, so tidaj anyone can use digital currency and we will never lose paper money
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