Paper Money is so Dead | Bitcointalksearch.org

cellard

legendary

Activity: 1372

Merit: 1252

Quote from: manselr on February 05, 2015, 10:08:04 PM

Quote from: zimmah on February 02, 2015, 06:57:51 PM

Quote from: flipstyle on February 02, 2015, 05:40:45 AM

Quote from: LiteCoinGuy on January 31, 2015, 12:34:47 PM

to daaaa mooooooOOn!

And yet btc's worth is tied directly to the dollar.

lolwat.

So currency

Much stable

Dollar wow

Yeah lol, but all people care is percieved value. The percieved purchasing power for people is more or less the same for decades.

This, most people dont care, it is only percieved after decades, probably takes an entire generation to notice somewhat of a change in purchasing power, you only see it in graphs.

manselr

legendary

Activity: 868

Merit: 1006

Quote from: zimmah on February 02, 2015, 06:57:51 PM

Quote from: flipstyle on February 02, 2015, 05:40:45 AM

Quote from: LiteCoinGuy on January 31, 2015, 12:34:47 PM

to daaaa mooooooOOn!

And yet btc's worth is tied directly to the dollar.

lolwat.

So currency

Much stable

Dollar wow

Yeah lol, but all people care is percieved value. The percieved purchasing power for people is more or less the same for decades.

zimmah

legendary

Activity: 1106

Merit: 1005

Quote from: flipstyle on February 02, 2015, 05:40:45 AM

Quote from: LiteCoinGuy on January 31, 2015, 12:34:47 PM

to daaaa mooooooOOn!

And yet btc's worth is tied directly to the dollar.

lolwat.

So currency

Much stable

Dollar wow

BillyBobZorton

legendary

Activity: 1204

Merit: 1028

Quote from: KizerWilhelm on February 02, 2015, 05:51:40 PM

I don't know about the respect part, but the government does not like paper money.
They would prefer electronic money so they could monitor everyone's income and take your taxes.

They already have electronic money. Most money out there is only inside computers as credit debt.

KizerWilhelm

newbie

Activity: 45

Merit: 0

I don't know about the respect part, but the government does not like paper money.
They would prefer electronic money so they could monitor everyone's income and take your taxes.

Possum577

sr. member

Activity: 434

Merit: 250

Loose lips sink sigs!

Hahaha, really? I used paper money to buy goods for a fair price yesterday? I'll do so today and I'll do so tomorrow. It's perhaps a bit premature to speak of paper money as "dead". You likely get paid with it so try to show it some due respect.

flipstyle

sr. member

Activity: 406

Merit: 250

Quote from: LiteCoinGuy on January 31, 2015, 12:34:47 PM

to daaaa mooooooOOn!

And yet btc's worth is tied directly to the dollar.

lolwat.

AtheistAKASaneBrain

hero member

Activity: 770

Merit: 509

If Selena Gomez said so then so be it, she has more money than all of us here combined :p

Selena Gomez

newbie

Activity: 14

Merit: 0

thats why now im not use paper money again as i know
thats not recommended again

Erdogan

legendary

Activity: 1512

Merit: 1005

Quote from: grendel25 on January 30, 2015, 02:47:48 AM

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.

As long as people hold it, in speculation that they can get something for it in the future, near or far.

kitarohotono

newbie

Activity: 56

Merit: 0

bankers are printing so much money, I can't understand why regular people still use fiat money. Bitcoin and cryptocurrency is way better and
cheaper than dept slavery Shocked

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

to daaaa mooooooOOn!

Hazir

legendary

Activity: 1596

Merit: 1005

★Nitrogensports.eu★

I with paper money never go away. Electronic currency is far more susceptible if the only way of making payments were with virtual currency then governments and big institution would own everything. I do not want this to happen.

grendel25

legendary

Activity: 2296

Merit: 1031

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.

pereira4

legendary

Activity: 1610

Merit: 1183

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

nachoig

sr. member

Activity: 252

Merit: 250

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.

leopard2

legendary

Activity: 1372

Merit: 1014

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 Grin

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

R2D221

hero member

Activity: 658

Merit: 500

Quote from: fenican on January 18, 2015, 09:39:10 AM

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?

dsyahputera

full member

Activity: 224

Merit: 100

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

nextblast

hero member

Activity: 658

Merit: 500

Quote from: dmugetsu on January 18, 2015, 01:32:44 PM

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.

manselr

legendary

Activity: 868

Merit: 1006

Quote from: countryfree on January 25, 2015, 07:06:13 PM

Quote from: OhYes! on January 18, 2015, 11:32:52 AM

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?

crazyearner

legendary

Activity: 1820

Merit: 1001

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..

countryfree

legendary

Activity: 3066

Merit: 1047

Your country may be your worst enemy

Quote from: OhYes! on January 18, 2015, 11:32:52 AM

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

I wonder where you live...

Dread Pirate Roberts

sr. member

Activity: 1512

Merit: 326

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

orsotheysaid

full member

Activity: 153

Merit: 100

Quote from: flipstyle on January 18, 2015, 06:28:36 AM

Quote from: Bitcoinpro on January 18, 2015, 06:26:38 AM

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.

dmugetsu

member

Activity: 105

Merit: 10

Paper money and bitcoin is equally important

they serve their own purpose

Dotrego

full member

Activity: 252

Merit: 100

Quote from: Wendigo on January 18, 2015, 09:24:54 AM

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

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

OhYes!

newbie

Activity: 4

Merit: 0

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

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: beaknuke on January 18, 2015, 10:19:49 AM

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. Grin

beaknuke

sr. member

Activity: 412

Merit: 250

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

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: Wendigo on January 18, 2015, 09:34:48 AM

Quote from: tokeweed on January 18, 2015, 09:26:31 AM

Quote from: Wendigo on January 18, 2015, 09:24:54 AM

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

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. Grin

Bitcoinpro

legendary

Activity: 1344

Merit: 1000

Quote from: fenican on January 18, 2015, 09:39:10 AM

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

fenican

hero member

Activity: 1395

Merit: 505

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.

Wendigo

legendary

Activity: 2604

Merit: 1036

Quote from: tokeweed on January 18, 2015, 09:26:31 AM

Quote from: Wendigo on January 18, 2015, 09:24:54 AM

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

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

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: Wendigo on January 18, 2015, 09:24:54 AM

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

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

Wendigo

legendary

Activity: 2604

Merit: 1036

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

Bitcoinpro

legendary

Activity: 1344

Merit: 1000

Quote from: General_A on January 18, 2015, 09:10:40 AM

Quote from: Bitcoinpro on January 18, 2015, 09:05:45 AM

Quote from: General_A on January 18, 2015, 09:03:57 AM

Cash is king. And its not going anywhere. Mark my words. Nothing short of a revolution will change the financial paradigm observed through out the globe.

anyone who uses mark my words in the wrong context is always wrong

Mark my words - nothing short of a revolution will change the financial paradigm observed through out the globe.

Better Mr Pro?

paper pfffttttt !!!!!!

General_A

member

Activity: 70

Merit: 10

Quote from: lihuajkl on January 18, 2015, 09:19:01 AM

Quote from: Nikinger on January 18, 2015, 06:37:15 AM

Yeah. Paper money is not only almost dead, it's also used for anonymous and uncontrolled money transactions to aid terrorism. This is why we should outlaw paper money!

some govs are using the same reason to ban bitcoin ! It is ridiculous!

lihuajkl

legendary

Activity: 1596

Merit: 1000

Quote from: Nikinger on January 18, 2015, 06:37:15 AM

Yeah. Paper money is not only almost dead, it's also used for anonymous and uncontrolled money transactions to aid terrorism. This is why we should outlaw paper money!

some govs are using the same reason to ban bitcoin ! It is ridiculous!

General_A

member

Activity: 70

Merit: 10

Quote from: ?? on ??

Quote from: General_A on January 18, 2015, 09:03:57 AM

Cash is king. And its not going anywhere. Mark my words. Nothing short of a revolution will change the financial paradigm observed through out the globe.

Vive la révolution!

One can but hope right?

General_A

member

Activity: 70

Merit: 10

Quote from: Bitcoinpro on January 18, 2015, 09:05:45 AM

Quote from: General_A on January 18, 2015, 09:03:57 AM

Cash is king. And its not going anywhere. Mark my words. Nothing short of a revolution will change the financial paradigm observed through out the globe.

anyone who uses mark my words in the wrong context is always wrong

Mark my words - nothing short of a revolution will change the financial paradigm observed through out the globe.

Better Mr Pro?

0x54444e

newbie

Activity: 42

Merit: 0

Quote from: Bitcoinpro on January 18, 2015, 06:26:38 AM

some kid with a gun is printing the stuff

what could possibly go wrong

You are wrong my friend, btc was invented to replace creditcards not cash, when reffered to the price of BTC, it is displayed in USD, EUR and so on. Money will never dissapear.

Bitcoinpro

legendary

Activity: 1344

Merit: 1000

Quote from: General_A on January 18, 2015, 09:03:57 AM

Cash is king. And its not going anywhere. Mark my words. Nothing short of a revolution will change the financial paradigm observed through out the globe.

anyone who uses mark my words in the wrong context is always wrong

General_A

member

Activity: 70

Merit: 10

Cash is king. And its not going anywhere. Mark my words. Nothing short of a revolution will change the financial paradigm observed through out the globe.

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: countryfree on January 18, 2015, 08:48:23 AM

No, please far from it. I could live without BTC but I couldn't live without cash. I'm a strong BTC supporter but I see it as a way to replace credit cards, not cash.

being real? yup, i agree. how the fuck can i buy anything without cash? i'd have to convert some btc to cash.

Bitcoinpro

legendary

Activity: 1344

Merit: 1000

Quote from: countryfree on January 18, 2015, 08:48:23 AM

No, please far from it. I could live without BTC but I couldn't live without cash. I'm a strong BTC supporter but I see it as a way to replace credit cards, not cash.

countryfree

legendary

Activity: 3066

Merit: 1047

Your country may be your worst enemy

No, please far from it. I could live without BTC but I couldn't live without cash. I'm a strong BTC supporter but I see it as a way to replace credit cards, not cash.

Bitcoinpro

legendary

Activity: 1344

Merit: 1000

Quote from: Nikinger on January 18, 2015, 06:37:15 AM

Yeah. Paper money is not only almost dead, it's also used for anonymous and uncontrolled money transactions to aid terrorism. This is why we should outlaw paper money!

wats this stuff inside your post Huh

i found it when i quoted you

color=#F6F6F6 size=1 sub sub sub sub sarcasm sub sub sub sub size color

please tell me your not bought and sold on ink and paper

id hate to imagine someone i trusted so much is a paper whore

Q7

sr. member

Activity: 448

Merit: 250

Quote from: Bitcoinpro on January 18, 2015, 06:26:38 AM

some kid with a gun is printing the stuff

what could possibly go wrong

Ran out of ink or the printing machine breakdown due to overheating

Nikinger

full member

Activity: 141

Merit: 100

Yeah. Paper money is not only almost dead, it's also used for anonymous and uncontrolled money transactions to aid terrorism. This is why we should outlaw paper money!

finlon

sr. member

Activity: 252

Merit: 250

Quote from: Bitcoinpro on January 18, 2015, 06:26:38 AM

some kid with a gun is printing the stuff

what could possibly go wrong

But wouldn't the bitcoin be hurt by that as well , as the price of bitcoin is evaluated in terms of that paper money ?

flipstyle

sr. member

Activity: 406

Merit: 250

Quote from: Bitcoinpro on January 18, 2015, 06:26:38 AM

what could possibly go wrong

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

Bitcoinpro

legendary

Activity: 1344

Merit: 1000

some kid with a gun is printing the stuff

what could possibly go wrong

Topic: Paper Money is so Dead (Read 4457 times)