Topic: The future of the paper money - page 105. (Read 416603 times)
Paper money really need to follow progress, with that said i do believe on the short time we all will be paying bills online, soo we wont need anymore to keep printing money that isnt a cheap thing at all, without paper people wont be able to reproduce the fiat, atleast i believe it should be impossible to make it with digital money.
From my perspective, the future of paper money is safe, still people are interested in saving or spending paper money, people of many a countries still doesn't know either ATM or Bitcoin. They are using paper money every now and then, one thing should be considered that is, bitcoin is not so popular and available around the world so paper money's future still safe and sound.
Yes, even though Bitcoin is developing very strongly, the value is high, it still can not completely replace the paper money. In the future, I think paper money still plays an important part. Everyday spending, if using paper money, will be easier and easier. And like you said, not everyone knows about Bitcoin and how to use it, so paper money is still needed. The best thing is that Bitcoin and paper money will grow and go togetherFrom my perspective, the future of paper money is safe, still people are interested in saving or spending paper money, people of many a countries still doesn't know either ATM or Bitcoin. They are using paper money every now and then, one thing should be considered that is, bitcoin is not so popular and available around the world so paper money's future still safe and sound.
Yes, even though Bitcoin is developing very strongly, the value is high, it still can not completely replace the paper money. In the future, I think paper money still plays an important part. Everyday spending, if using paper money, will be easier and easier. And like you said, not everyone knows about Bitcoin and how to use it, so paper money is still needed. The best thing is that Bitcoin and paper money will grow and go together 
From my perspective, the future of paper money is safe, still people are interested in saving or spending paper money, people of many a countries still doesn't know either ATM or Bitcoin. They are using paper money every now and then, one thing should be considered that is, bitcoin is not so popular and available around the world so paper money's future still safe and sound.
Yeah, I agree with your opinion, paper money will continue to exist and develop in the future because people in the world are using paper money in a very long time, it is very convenient, popular and accepted everywhere, nothing can replace or defeat it. Bitcoin is just a digital coin, it does not have too much influence on the future of paper money, it can not replace paper money because its value is unstable and very inconvenient, transaction confirmation time is very long and can not be traded without internet
The fate of paper money is great and promising as lion's share of individuals think that its simple and advantageous to utilize it as it is utilized and acknowledged all over the place. Many people don't belvie on paper cash and believe that it's pointless and old mold however at my supposition it's greatly improved than advanced cash on many reasons. I believe it's anything but difficult to utilize. accurately advanced money will be significantly less demanding. You don't should be befuddled in the store and utilize it. in the event that you have a considerable measure of cash obviously you're setting off to the trouble of putting away paper money. as opposed to advanced cash
From my perspective, the future of paper money is safe, still people are interested in saving or spending paper money, people of many a countries still doesn't know either ATM or Bitcoin. They are using paper money every now and then, one thing should be considered that is, bitcoin is not so popular and available around the world so paper money's future still safe and sound.
Paper money will decrease? Oh my, have you guys ever heard of inflation? The government is making paper money out of thin air. You want to get a loan, the government would just swoosh their magic wand and Voila! there you go, tons of money from thin air. Paper money is continuously printed out today so you'd see that your currency is constantly devaluing.
You seem to be confusing something here
And the OP is not quite clear either, i.e. whether he erroneously refers to fiat as paper money or he actually means paper banknotes (that's what most people here think, me included). Anyway, government is really trying to diminish the use of paper money (bills). Some say it is because criminals love to use cash (another word for paper money), others are claiming that printing all these paper bills is pretty expensive (with this point I basically agree myself)
Paper money will decrease? Oh my, have you guys ever heard of inflation? The government is making paper money out of thin air. You want to get a loan, the government would just swoosh their magic wand and Voila! there you go, tons of money from thin air. Paper money is continuously printed out today so you'd see that your currency is constantly devaluing.
You seem to be confusing something here
And the OP is not quite clear either, i.e. whether he erroneously refers to fiat as paper money or he actually means paper banknotes (that's what most people here think, me included). Anyway, government is really trying to diminish the use of paper money (bills). Some say it is because criminals love to use cash (another word for paper money), others are claiming that printing all these paper bills is pretty expensive (with this point I basically agree myself)
I think, the future of paper money would soon disappear, this is because of the demands of the era requires all transactions transparent and decentralized like cryptocurrency.
I do not think so. Now about bitkoin knows not so many people as you think. And therefore the Fiat will exist for a long time. Probably 20 - 50 years, it certainly will still exist
Bitcoin technology is what will begin the race for faster online payments.
The amount of fiat users will remain the same with or without the tutorials on the Internet regarding about how to make more fiat money. As a matter of fact, if you want to know how to make more fiat money, you should ask your government because they are making it non-stop. Fiat is just paper. It doesn't have any worth at all. The only reason why people are using it is because they thought it has a value. But it's just a tool. It's just how we measure a thing's price.
Bitcoin is just a digital data. Sure, correct. But what is it exactly? It's a revolutionary idea that can turn things upside down. People are giving out a major part of their salary to the goverment and that's mandatory. Bitcoin eliminates that. Bitcoin gives financial freedom, and innovation. If those things don't mean a lot to you, then I feel sorry for you.
Bitcoin is far more valuable than any fiat. Just look at the price of 1 bitcoin.
I think, the future of paper money would soon disappear, this is because of the demands of the era requires all transactions transparent and decentralized like cryptocurrency.
I do not think so. Now about bitkoin knows not so many people as you think. And therefore the Fiat will exist for a long time. Probably 20 - 50 years, it certainly will still exist
Bitcoin technology is what will begin the race for faster online payments.
The amount of fiat users will remain the same with or without the tutorials on the Internet regarding about how to make more fiat money. As a matter of fact, if you want to know how to make more fiat money, you should ask your government because they are making it non-stop. Fiat is just paper. It doesn't have any worth at all. The only reason why people are using it is because they thought it has a value. But it's just a tool. It's just how we measure a thing's price.
Bitcoin is just a digital data. Sure, correct. But what is it exactly? It's a revolutionary idea that can turn things upside down. People are giving out a major part of their salary to the goverment and that's mandatory. Bitcoin eliminates that. Bitcoin gives financial freedom, and innovation. If those things don't mean a lot to you, then I feel sorry for you.
Bitcoin is far more valuable than any fiat. Just look at the price of 1 bitcoin.
governments simply aren't interested in incorporating bitcoin. they can't deal with the fact that it is something they can't control. paper money will stay at least for another 10-20 years.
Yes it is true. Most of the governments will like to control currency and want to track all the transactions who has done what to protect the system. So as of now this is not possible in bitcoins because they can only trace the transactions but very difficult to find out who as done the transactions so paper or fiet money will be there for ever
I think, the future of paper money would soon disappear, this is because of the demands of the era requires all transactions transparent and decentralized like cryptocurrency.
no i am not agree with you, i do not think so. to me i think still not more that 1% people are using bitcoin. and almost all the people of the world are using and depending on fiat. but everything can happen in future, therefore there are always chances that bitcoin will also overcome fiat. Also, don't forget about china, they have the biggest population and big miners are in their place.
I think, the future of paper money would soon disappear, this is because of the demands of the era requires all transactions transparent and decentralized like cryptocurrency.
no i am not agree with you, i do not think so. to me i think still not more that 1% people are using bitcoin. and almost all the people of the world are using and depending on fiat. but everything can happen in future, therefore there are always chances that bitcoin will also overcome fiat. i think still we need to introduce bitcoin to such people and in such area, where people do not have good knowledge about bitcoin, and still they do not know about the benefits of bitcoin. I think, the future of paper money would soon disappear, this is because of the demands of the era requires all transactions transparent and decentralized like cryptocurrency.
I do not think so. Now about bitkoin knows not so many people as you think. And therefore the Fiat will exist for a long time. Probably 20 - 50 years, it certainly will still exist
Bitcoin technology is what will begin the race for faster online payments.
The current payment system that has penetrated into the digital world, it is possible to get businesspeople to use bitcoin as a means of payment, and may weaken the users of paper money, and may switch to using bitcoin as a means of payment
That would be great, but there are still some problems transacting bitcoin. If the users blow up, the transaction of bitcoin will slow down, I mean super slow because there will be a lot of transaction that will happen. But I think that it may be solved by the devs, still, people will favor fiats than bitcoin, it can be accepted everywhere and can be sent all over the world quickly, but with fees. 
I think, the future of paper money would soon disappear, this is because of the demands of the era requires all transactions transparent and decentralized like cryptocurrency.
I do not think so. Now about bitkoin knows not so many people as you think. And therefore the Fiat will exist for a long time. Probably 20 - 50 years, it certainly will still exist
I think, the future of paper money would soon disappear, this is because of the demands of the era requires all transactions transparent and decentralized like cryptocurrency.
The current payment system that has penetrated into the digital world, it is possible to get businesspeople to use bitcoin as a means of payment, and may weaken the users of paper money, and may switch to using bitcoin as a means of payment
I think paper money was not dissolve in the market. Although the value of paper money was fluctuating due to digital currency they still used by people as exchange of goods and services. Also, most of the people were not familiar to the digital currency that's why they still using the paper money.
It is not about the value , but more to how bitcoin is uncontrollable .Paper money will remain exist along with bitcoin.
If bitcoin was not decentralized and controllable it might could make paper money threatened and get disappeared.
I think paper money was not dissolve in the market. Although the value of paper money was fluctuating due to digital currency they still used by people as exchange of goods and services. Also, most of the people were not familiar to the digital currency that's why they still using the paper money.
It is not about the value , but more to how bitcoin is uncontrollable .Paper money will remain exist along with bitcoin.
If bitcoin was not decentralized and controllable it might could make paper money threatened and get disappeared.
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