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Topic: Do you think digital currency will ever replace paper money? - page 9. (Read 11190 times)

full member
Activity: 425
Merit: 109
Of course, because we live in the digital age, universal globalization leads to the formation of a single over the money system. No state, will not control digital money. Free movement of capital is a pledge of rapid development of crypto currencies.
full member
Activity: 392
Merit: 100
I fully believe that digital currencies will take the place of national paper money. This is a real outcome. Investors are aware of the change. People who have not noticed the change yet will see the signs soon.
I am a fan of digital currency and i know that it is starting to get popular in this world, but i dont think that it can able to replace paper money because all people in this worle is we will not stop using paper money because it is easy to use paper money over digital currency.
newbie
Activity: 196
Merit: 0
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 don't think digital money will replace paper money. Digital money is now accepted and widely used in some countries around the world. But it has a lot of flaws, it needs the Internet, and I don't think people around the world are using the Internet, which will make it impossible for him to replace paper money.
i think yes because the way bitcoin is going very fast and i,m sure that in future bitcoin will be on the top of all other crypto its also trustable so we need to support bitcoin as much as we can.
newbie
Activity: 154
Merit: 0
Digital currency will never be perfect while people working with it. Paper money isn't bad and chances of default or soemthing else bad is much more lower.
newbie
Activity: 98
Merit: 0
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 don't think digital money will replace paper money. Digital money is now accepted and widely used in some countries around the world. But it has a lot of flaws, it needs the Internet, and I don't think people around the world are using the Internet, which will make it impossible for him to replace paper money.
full member
Activity: 208
Merit: 100
It's not likely to happen in near future because digital currencies don't work offline. Maybe digital currencies will be more used in the future but i don't think it can completely replace fiat.
P60
full member
Activity: 378
Merit: 100
Decentralized Digital Billboards
I don't think digital currency will ever replace paper money. Maybe digital currency could be use worldwide in the future like how paper money but it can't replace it. Paper money is what people used to have and it is part of the government; so there's a low probability that government officials would let it go.
newbie
Activity: 17
Merit: 0
One day, it will be real yes.

World will have only one currency and it will be digital money.
maybe someday. but not now.. need too long process for it
Lyd
full member
Activity: 420
Merit: 101
Yes, I am sure in time digital currency will replace paper money because this is the direction we are heading
full member
Activity: 325
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 think that someday the digital currency will replace the paper currency. It also happened once with push-button phones that gave way to touch. Everything is developing and progress does not stand still.
full member
Activity: 1162
Merit: 106
I do not think I'm sure paper money will last forever anytime, it's because not everyone understands digital money whereas paper money is the easiest to use and transactions do not depend on the internet or anything else.
full member
Activity: 448
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

could be because in some bitcoin countries can already be used as a tool of transactions in some markets, a number of other digital currencies will one time replace the position of paper money as a medium of exchange. The reason, this currency can fix problems that exist in paper currency, and indeed in history, the same thing always happens in the new currency that replaces the old currency.
newbie
Activity: 134
Merit: 0
I do not think we will lose any physical money but it will definitely decrease and digital will take part majority. We've mostly used digital money. It can not be denied that mankind must decide to release phyiscal money is we have to move to renewable resources. That means we must stay away from the use of paper and precious metals which include copper, silver, nickel, and other metals that make up our physical coins.
newbie
Activity: 168
Merit: 0
Absolutely not. Inflation. Decentralizing each of the worlds major currencies would leave our global economy at severe risk of hyper inflation. Despite

mathematics dictating a upper limit on currency available, there will always be a way to duplicate and forge digital currencies. When quantum computers are

stabilized, encryption becomes redundant. It won't happen. too risky.
newbie
Activity: 49
Merit: 0
It is hard to replace paper money, because not everyone knows the virtual currency, virtual currency is really convenient but also convenient to people who know it
newbie
Activity: 154
Merit: 0
It seems it will gonna be happen, replacing paper money to a digital money o cryptocurrecy. Many people are are using digital money, like bitcoin and other altcoins. More people are now depending on technology, searching and discovering more possibilities to make our life faster and easier.
newbie
Activity: 74
Merit: 0
It seems that it can happen in the future of modern times that everyone does not want to be bothered by bringing where else paper money if the paper money is spent and a lot of change that is a bit inconvenient if put in the wallet or purse.
hero member
Activity: 1316
Merit: 502
Personally speaking, I think there is a big possibility that digital money will eventually replace paper money. The society is continuously developing modernized technology and we can probably be dependent on it. Another reason that digital money could replace paper money is that, we face the fact that people are fond of easier transactions which makes it mord convrnient for us.
Paper money and digital money have different contributions in life, it will have its own convenience, simple example, digital money will make transactions easier but it is with far distance, in direct transactions, paper money is still more suitable, so the society can go up over time but some issues are still hard to change or be replaced. Paper money is still useful in life, unless it loses its usefulness and people want to remove it, otherwise, it will still exist over time regardless of the technology that is modern or progressive than ever
member
Activity: 476
Merit: 10
Well if digital currency overcomes the legal battles with the governments and is widely embraced as a medium of exchange then it might give Fiat a run for its money, there are however people who will remain loyal to paper money even afterwords therefore it will not be faced out completely
full member
Activity: 209
Merit: 100
Personally speaking, I think there is a big possibility that digital money will eventually replace paper money. The society is continuously developing modernized technology and we can probably be dependent on it. Another reason that digital money could replace paper money is that, we face the fact that people are fond of easier transactions which makes it mord convrnient for us.
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