Topic: Do you think digital currency will ever replace paper money? - page 58. (Read 11212 times)
December 02, 2017, 02:11:05 AM
in some countries, paper money is less than 10%
December 02, 2017, 02:05:13 AM
No, I think digital currency will never replace paper money, maybe this will not happen in the future. Not all the people in the world can operate and dependent in the new technology, so not all the people know about digital currency. Digital currency available through the internet, but there are countries who do not have any access into it.
December 02, 2017, 01:56:27 AM
I think it's obviously different. Digital money already has its own place, while paper money remains the money we use in everyday life. but with a note, if all readiness supports to make digital money into daily money, why do not we use it as well.
As you said in regards to whitepaper then it ought to be keep like that since we needn't bother with a cash in white paper I would prefer not to see bitcoin in a whitepaper on the grounds that bitcoin is 100% safe in cryptographic forms of money while other nearby monetary standards are phony outlined in a market too to influence somebody to trick so I might want to state that we require bitcoin as a digital forms of money. December 02, 2017, 01:52:55 AM
I dont one of this customer in the only only the technical indicator only for investment as trading and it will not can change the money paper.
December 02, 2017, 01:50:29 AM
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?
What do you guys think?
I agree with you as our society becomes increasingly dependent upon technology, digital currency will become a more popular means of paying for different things absolutely. But it will with certain class with very fewer percentage. This number is increasing rapidly day by day. But still its totally virtual. And at physical mode there is need of fiat currency locally, globally.
Fiat currency is real need of end users, governments and system which is already running with.
But Digital currency is becoming more famous, considering platform of investment as well as mode of exchange. It doesn't mean like as paper money will be replaced by digital currency, but digital currency have ability if implemented properly.
December 02, 2017, 01:35:33 AM
I think so, it is not impossible that paper money will soon be replaced by digital currency because bitcoin at this point is not yet legally implemented by many countries. Most likely in the poor countries there will be the people will have this problem so they will rely on the paper money as their way of payment since they don't have things to access digital currency.
December 02, 2017, 01:22:20 AM
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?
What do you guys think?
I do thinks that digital currency have a potential to replace it, but i can not predict it when. The best option for me is for digital currency and fiat money to get along together.
But in my opinion, digital currency has some major threat for us right now, which is security. I agree that the security level now is acceptable, but there is so much that can be upgraded such as how to track our money when it disappears, etc. If the security improved, i am really sure that people would really love to use digital currency rather than using paper money.
December 02, 2017, 01:14:03 AM
Yes... Its not impossible.. People do shopping paperless.. Pay any amount paperless via cards .. So why not thwe crypto world? Specially bitcoin... Its price is really uprising
December 02, 2017, 01:11:52 AM
It's really hard to say if digital currency replaces paper money, I do think that it will just add as a currency and the paper money will still continue. If you think before when gold was still the currency or exchange, when they started paper currency they did not remove gold but the paper currency gain more popularity and it made as the main currency for the whole world but still gold is still available. It would be just the same and it will totally depends on the people on what they will use.
December 02, 2017, 01:01:20 AM
Yes. I think digital money will replace paper money. In the future, people do not need to bring banknotes to go shopping. Only need mobile phone. This is a very handy thing. I think digital money will change our lives. I am optimistic about the future of digital currency. 
December 02, 2017, 12:08:13 AM
I also think that this can happen. In the future, machinery technology will gradually replace people working. bitcoin will be further developed. Bitcoins will replace traditional coins. Just use the bitcoin virtual card to pay for your daily payments.
December 01, 2017, 11:27:51 PM
I don't know but my answer was yes. I just want people have chosen to use both of options. If they want use fiat or if they want choose alternative way
December 01, 2017, 11:26:26 PM
for the moment digital currancy will not replace the paper money, maybe in my opinion it will happen in the future, for now digital currancy and paper money can use together, as is happening right now in my country.
December 01, 2017, 11:25:11 PM
Yes off course computer currency is playing a vital role in society these days.Each day ratio in crypto trade is increasing,more and more people are getting interest in it and earning huge amount through it so its seems like in near future people will use digital currency as a source of transaction.This paper money will disappear and people will have their trade in crypto including bitcoins.
December 01, 2017, 11:15:47 PM
i think, yes but still we have a choice what we like to use. bitcoin can use like money or you can invest. bitcoin is future currency like ATM card we can by something by online and payment you can use bitcoin and money transfer. not like the bank to much time and small profit.
December 01, 2017, 11:07:07 PM
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?
I dont think if bitcoin or digital currency will replace the real money/ paper money, because as far as now theres a lot of people didnt know about bitcoin and they didnt believe in bitcoin and the valur of bitcoin is not stable so i dont think if bitcoin will replace paper money in the future. What do you guys think?
December 01, 2017, 10:52:48 PM
you are talking like that because maybe the digital currency in your country has been legal, but it has not happened in my country, and probably still many other countries that have not received this. here, the local currency is still the main one, while the digital currency can not be accepted as a valid payment instrument. Maybe it will happen, but not for the present time.
December 01, 2017, 10:10:46 PM
for now, I think not. although it does have potential, but to replace paper money, I do not think that's enough. there are still many shortcomings of digital currency, and access is so limited. you can not use it in a place where there is no internet connection.
November 29, 2017, 07:32:24 PM
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?
I dont so becaus real/papermoney is mor important becaus all people know the value of real/papermoney than cryptocurrency but maybe in the future if the cryptocurrency become stabl maybe its a yes becase the bitcoin is very volatile so i dont know if it can replace paper money. What do you guys think?
November 29, 2017, 06:25:06 PM
I am quite certain that there will be times when "paper money" will not be a thing anymore, but that's not nowhere near our existence in my opinion. There are still a lot of stubborn generations out there and underdeveloped countries which would not simply give in to the idea to be "paying or be paid in air".
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