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Topic: The future of the paper money - page 109. (Read 416603 times)

hero member
Activity: 826
Merit: 529
May 19, 2017, 12:27:44 PM
For my point of view, paper money already made a good platform for using as a currency. Wherever no other form of money can't be able to replace it so, I think the future of Paper money will be safe.
People love to use the popular and credible method so, paper money will play the usual role in the monetary sector.
hero member
Activity: 700
Merit: 500
May 19, 2017, 09:17:32 AM
Paper money is going away. More and more people are using credit cards and paying online. Eventually there will be almost no cash. And the places that do accept cash will make you pay a fee to convert it because it will be so expensive. Armored trucks business will be gone forever.
hero member
Activity: 1526
Merit: 501
DGbet.fun - Crypto Sportsbook
May 19, 2017, 08:45:50 AM
There are some situation that cash(paper money) can do it job better than digital money.
I think that it will exists as long as we trade things (which means for a long time)
Its popularity maybe can be less than now but it can not disappear.
I agree with you maybe the popularity of paper money will decrease. But it will not make paper money disappear. Because you believe in some things will definitely need paper money



The popularity of paper money will decrease, because they are already at the final stage of existence. Time will come and all countries of the world will switch to digital currency. Maybe this will happen in the next 20 years
I do not think so, now we still have no concrete evidence to say that the popularity of paper money will decrease, I only see paper money is still widely used throughout the world. Digital currency is only a new payment method in modern society, it can not affect or disappear the paper money, and most people always believed in cash (paper money) rather than digital money. The idea of switching to digital currency is a silly thing, you will trust a coin that will disappear at any time and without a manager, the answer is no
MMA
legendary
Activity: 1134
Merit: 1000
May 19, 2017, 08:31:37 AM
There are some situation that cash(paper money) can do it job better than digital money.
I think that it will exists as long as we trade things (which means for a long time)
Its popularity maybe can be less than now but it can not disappear.

Paper money works offline so there will always be a place for it as you say. Bitcoin's area will be in cross border transactions and online payments.

Bitcoin is like a virtual cash. Bitcoin is as anonymous as paper money.
I think that money will exist for a very long time, especially in poor countries
And indeed Bitcoin is a virtual currency, especially since it is a currency for a certain circle of people who work in the sphere in cryptography and therefore it is good to use crypto currency. Paper money is a completely different sphere and another society which has every reason to believe that this is a very suitable best option for them. Most of all people on the planet will still choose to use paper money.
to me i think the society of bitcoin is increasing from time to time and hope that very soon that member of bitcoin society will be available in all parts of the world. as the users of bitcoin are increasing from time to time which is also making bitcoin more and more popular which is also causing the increase in the popularity of bitcoin, which s attracting more people toward itself.
sr. member
Activity: 504
Merit: 250
May 19, 2017, 08:01:09 AM
There are some situation that cash(paper money) can do it job better than digital money.
I think that it will exists as long as we trade things (which means for a long time)
Its popularity maybe can be less than now but it can not disappear.
I agree with you maybe the popularity of paper money will decrease. But it will not make paper money disappear. Because you believe in some things will definitely need paper money



The popularity of paper money will decrease, because they are already at the final stage of existence. Time will come and all countries of the world will switch to digital currency. Maybe this will happen in the next 20 years
hero member
Activity: 1190
Merit: 500
May 19, 2017, 07:13:07 AM
There are some situation that cash(paper money) can do it job better than digital money.
I think that it will exists as long as we trade things (which means for a long time)
Its popularity maybe can be less than now but it can not disappear.
I agree with you maybe the popularity of paper money will decrease. But it will not make paper money disappear. Because you believe in some things will definitely need paper money

full member
Activity: 165
Merit: 100
May 19, 2017, 02:53:39 AM
paper wallet is the best way to earn money for goverment, lower cost and highly value
hero member
Activity: 588
Merit: 500
May 18, 2017, 12:37:54 PM
In my opinion paper money is going to be there for a very long time, there is no way countries will abandon their national currency for a crypto currency, in the best case scenario they will use it alongside their main currency.
yes paper money will continue for a long time. because still not a single country consider bitcoin as legal currency, and still the number of bitcoin users are very low, therefore all the facilities that we have using fiat are not available in bitcoin, it will take a lot of time when all the people of the world will be using bitcoin. therefore those people who are using bitcoin also using fiat for fulfilling their needs and they are using bitcoin as an optional.
sr. member
Activity: 426
Merit: 250
May 18, 2017, 12:13:30 PM
There are some situation that cash(paper money) can do it job better than digital money.
I think that it will exists as long as we trade things (which means for a long time)
Its popularity maybe can be less than now but it can not disappear.

Paper money works offline so there will always be a place for it as you say. Bitcoin's area will be in cross border transactions and online payments.

Bitcoin is like a virtual cash. Bitcoin is as anonymous as paper money.
I think that money will exist for a very long time, especially in poor countries
And indeed Bitcoin is a virtual currency, especially since it is a currency for a certain circle of people who work in the sphere in cryptography and therefore it is good to use crypto currency. Paper money is a completely different sphere and another society which has every reason to believe that this is a very suitable best option for them. Most of all people on the planet will still choose to use paper money.
sr. member
Activity: 241
Merit: 250
Tokens That Store Virtual Energy
May 18, 2017, 11:51:47 AM
There are some situation that cash(paper money) can do it job better than digital money.
I think that it will exists as long as we trade things (which means for a long time)
Its popularity maybe can be less than now but it can not disappear.

Paper money works offline so there will always be a place for it as you say. Bitcoin's area will be in cross border transactions and online payments.

Bitcoin is like a virtual cash. Bitcoin is as anonymous as paper money.
I think that money will exist for a very long time, especially in poor countries
member
Activity: 112
Merit: 10
May 18, 2017, 07:23:09 AM
There are some situation that cash(paper money) can do it job better than digital money.
I think that it will exists as long as we trade things (which means for a long time)
Its popularity maybe can be less than now but it can not disappear.

Paper money works offline so there will always be a place for it as you say. Bitcoin's area will be in cross border transactions and online payments.
newbie
Activity: 39
Merit: 0
May 18, 2017, 07:17:00 AM
There are some situation that cash(paper money) can do it job better than digital money.
I think that it will exists as long as we trade things (which means for a long time)
Its popularity maybe can be less than now but it can not disappear.
sr. member
Activity: 406
Merit: 250
May 18, 2017, 06:19:29 AM
Future of paper money?it will not grow and will remain as is and maybe lined up with bitcoins,but never in history that paper money will be worthless its like goverment being worthless

Definitely, government will protect their interest and they do not want their currency to be worthless, majority of the users are using paper money and we can observed than only few of the total population in any country that uses digital currency. The same will the scenario in the future IMO because not all people are having a busy financial transaction, people who live simply and has no business to use a method that is not beneficial to them.

yes they will. but the people will choose on what they want to hold. if they want to hold fiat or digital currency its up to them. only few people in the population uses digital currency because most of the people is still dont know what is digital currency or does it even exist. so lets just give time to crypto currency to be adopted by all.
hero member
Activity: 3010
Merit: 666
May 18, 2017, 05:59:29 AM
Future of paper money?it will not grow and will remain as is and maybe lined up with bitcoins,but never in history that paper money will be worthless its like goverment being worthless

Definitely, government will protect their interest and they do not want their currency to be worthless, majority of the users are using paper money and we can observed than only few of the total population in any country that uses digital currency. The same will the scenario in the future IMO because not all people are having a busy financial transaction, people who live simply and has no business to use a method that is not beneficial to them.
full member
Activity: 184
Merit: 100
🌟 eSports ICO: 01/11/2017 🌟
May 18, 2017, 04:59:56 AM
Future of paper money?it will not grow and will remain as is and maybe lined up with bitcoins,but never in history that paper money will be worthless its like goverment being worthless


Paper money will always exist for an alternative way of payment. Perhaps their number will decrease, but they will not disappear completely.
hero member
Activity: 560
Merit: 500
May 18, 2017, 04:19:56 AM
Future of paper money?it will not grow and will remain as is and maybe lined up with bitcoins,but never in history that paper money will be worthless its like goverment being worthless
legendary
Activity: 1372
Merit: 1008
May 18, 2017, 03:22:23 AM
In my opinion paper money is going to be there for a very long time, there is no way countries will abandon their national currency for a crypto currency, in the best case scenario they will use it alongside their main currency.
Of course paper money will last for a very long time, until now even though all humans are still using bitcoin. I myself do not know when digital money will shift it, it may take a long time
hero member
Activity: 2982
Merit: 610
May 18, 2017, 02:08:16 AM
I think paper money will stay maybe bitcoin can make a higher value but money is the easiest way to buy something you need or you want.
We need offline and online things that we can use to transact, bitcoin will be part of the digital currency which is the trend
in the future and but paper money will remain.
People will not easily understand and if they don't understand digital currency it is hard for them to adopt so it's
even impossible to see majority of the population will use digital currency.
sr. member
Activity: 434
Merit: 250
May 18, 2017, 01:42:42 AM
In my opinion paper money is going to be there for a very long time, there is no way countries will abandon their national currency for a crypto currency, in the best case scenario they will use it alongside their main currency.
hero member
Activity: 770
Merit: 500
May 18, 2017, 01:33:05 AM
Paper money is going to be around for still a long time because it is just to much of a problem to get rid of it. It would be a whole process to go and only count digital money.
It would also be different per country I think.
yeah every country has a different time period may be for the USA who already advanced. they would sooner leave paper money and switch to digital money faster than other countries ?
I don't think so, but USA is a country who used dollar, even they know the bitcoin but dollar is a part of their society. The dollar is big source of income of USA and the world is based on the dollar currency.
Even the others, the prepared money is the cash because you can handle every where unlike bitcoin that need to use an internet before they proceed to process.

in Business topic I think this will be the most demand currency especially in the investor.
 
in fact bitcoin is still not so much popular and all the facilities of bitcoin are not yet available in bitcoin, because of the lower number of bitcoin users, i am sure that when the number of bitcoin users will increase then it will become possible that people will completely start using bitcoin for fulfiling all their needs.
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