Topic: The future of the paper money - page 134. (Read 416603 times)
I believe that paper money will be a relic of the past in about 10 years or so. And I believe that the security will always be an issue, regardless the improvements.
I am sure slowly paper money will be lost and replaced with digital money. currently many countries are trying to implement a digital money and they've got the targets to immediately replace the paper money.
I agree with you, the use of paper money is not very good because of the value that is always down, need to change money, dirty and many other reasons. I'm sure will come a time when paper money is no longer in use and replaced with a new, bitcoin has a great possibility to replace paper money.That's the case for now, but as a human being we can adopt to our surroundings. It only took us a day or two to become totally into bitcoins. It only took us 2 hours to set up our bitcoin wallet. All of the things about fiat and bitcoin can easily change. Just like you said, bitcoin is still young. It's too young for us to judge its potential. We're lucky to be the first ones in here since we are going to be the one that'll make most profits.
People are becoming more and more techy. Your parents might not be able to understand bitcoins maybe because they don't even know how to access the Internet but that will not matter after a generation or two when people are all well-versed about the technology and the Internet.
I am sure slowly paper money will be lost and replaced with digital money. currently many countries are trying to implement a digital money and they've got the targets to immediately replace the paper money.
true, slowly paper money will begin to be replaced by digital money, the more years the use of paper money in the market on the wane because nowadays people prefer to shop online or use a credit card I am sure slowly paper money will be lost and replaced with digital money. currently many countries are trying to implement a digital money and they've got the targets to immediately replace the paper money.
I agree with you, the use of paper money is not very good because of the value that is always down, need to change money, dirty and many other reasons. I'm sure will come a time when paper money is no longer in use and replaced with a new, bitcoin has a great possibility to replace paper money.
I am sure slowly paper money will be lost and replaced with digital money. currently many countries are trying to implement a digital money and they've got the targets to immediately replace the paper money.
I agree with you, the use of paper money is not very good because of the value that is always down, need to change money, dirty and many other reasons. I'm sure will come a time when paper money is no longer in use and replaced with a new, bitcoin has a great possibility to replace paper money.
I am sure slowly paper money will be lost and replaced with digital money. currently many countries are trying to implement a digital money and they've got the targets to immediately replace the paper money.
I agree with you, the use of paper money is not very good because of the value that is always down, need to change money, dirty and many other reasons. I'm sure will come a time when paper money is no longer in use and replaced with a new, bitcoin has a great possibility to replace paper money.
For paper money not to be in existence in any moment of the future is as difficult as making everyone literate.its is actually feasible and also possible over time.
The currency of the future may be the digital currency, which may not be bitcoin. Governments of every country will not use what they cannot control. But bitcoin can't be replaced by the digital currency.
yes that is right to say that bitcoin is the future of money is bitcoin, but i think that currency fiat is too much strong. and will continue for a long time. and in far future when the use of bitcoin will increase too much then when people will start giving preference to bitcoin instead of bitcoin then we can say that there is danger to the future of paper money. I am sure slowly paper money will be lost and replaced with digital money. currently many countries are trying to implement a digital money and they've got the targets to immediately replace the paper money.
I agree with you, the use of paper money is not very good because of the value that is always down, need to change money, dirty and many other reasons. I'm sure will come a time when paper money is no longer in use and replaced with a new, bitcoin has a great possibility to replace paper money.Bitcoin on the other hand capture only like 1-2% of the total world's population.
Well i think that for as long as there are countries or locations that are still way behind when it comes to technology, paper money will still be relevant. Leta face it, not all coubtries are technologically prepared to go full digital currency so there definitely will still be use for paper money even if the time comes when most people would go digital
I am sure slowly paper money will be lost and replaced with digital money. currently many countries are trying to implement a digital money and they've got the targets to immediately replace the paper money.
I agree with you, the use of paper money is not very good because of the value that is always down, need to change money, dirty and many other reasons. I'm sure will come a time when paper money is no longer in use and replaced with a new, bitcoin has a great possibility to replace paper money.Bitcoin on the other hand capture only like 1-2% of the total world's population.
I am sure slowly paper money will be lost and replaced with digital money. currently many countries are trying to implement a digital money and they've got the targets to immediately replace the paper money.
I agree with you, the use of paper money is not very good because of the value that is always down, need to change money, dirty and many other reasons. I'm sure will come a time when paper money is no longer in use and replaced with a new, bitcoin has a great possibility to replace paper money.Bitcoin on the other hand capture only like 1-2% of the total world's population.
The currency of the future may be the digital currency, which may not be bitcoin. Governments of every country will not use what they cannot control. But bitcoin can't be replaced by the digital currency.
I guess, there is no the future of the digital currency. But just implementation of the local currency into the digital form. But bitcoin is a new system in our ecosystem. and it still unfamiliar for a lot of the people in our community. But i guess more bank try to develop his digital asset. 
The currency of the future may be the digital currency, which may not be bitcoin. Governments of every country will not use what they cannot control. But bitcoin can't be replaced by the digital currency.
I am sure slowly paper money will be lost and replaced with digital money. currently many countries are trying to implement a digital money and they've got the targets to immediately replace the paper money.
I agree with you, the use of paper money is not very good because of the value that is always down, need to change money, dirty and many other reasons. I'm sure will come a time when paper money is no longer in use and replaced with a new, bitcoin has a great possibility to replace paper money.
I am sure slowly paper money will be lost and replaced with digital money. currently many countries are trying to implement a digital money and they've got the targets to immediately replace the paper money.
Politicians never throw the paper currencies. Because if they stop paper currency and force peoples to use digital currency, the politicians will caught by corruptions. Paper currency don't even need to have bank accounts. But, in Digital currency each and every transaction will be stored.
Isn't it the other way around? Politicians will be bribed easily as they could just talk and the bitcoin address will be given and sent, then voila!! bribery at its finest.
Though each transaction is recorded, we can't name names on who is the owner of such address, that would look like a mere heresy. While in paper money, they can be caught, we could even use marked money to set them up.
Politicians should have all of their bitcoin addresses public and controlled, this way they cannot get payments anonymously. Sure, they can use another cryptocoin, but what can we do? There will always be ways to bribe people unfortunately, its not something we can fully control, but we can at least control public money now thanks to bitcoin, but since they are corrupt they will never accept it.
Politicians never throw the paper currencies. Because if they stop paper currency and force peoples to use digital currency, the politicians will caught by corruptions. Paper currency don't even need to have bank accounts. But, in Digital currency each and every transaction will be stored.
Isn't it the other way around? Politicians will be bribed easily as they could just talk and the bitcoin address will be given and sent, then voila!! bribery at its finest.
Though each transaction is recorded, we can't name names on who is the owner of such address, that would look like a mere heresy. While in paper money, they can be caught, we could even use marked money to set them up.
Politicians should have all of their bitcoin addresses public and controlled, this way they cannot get payments anonymously. Sure, they can use another cryptocoin, but what can we do? There will always be ways to bribe people unfortunately, its not something we can fully control, but we can at least control public money now thanks to bitcoin, but since they are corrupt they will never accept it.
Politicians never throw the paper currencies. Because if they stop paper currency and force peoples to use digital currency, the politicians will caught by corruptions. Paper currency don't even need to have bank accounts. But, in Digital currency each and every transaction will be stored.
Isn't it the other way around? Politicians will be bribed easily as they could just talk and the bitcoin address will be given and sent, then voila!! bribery at its finest.
Though each transaction is recorded, we can't name names on who is the owner of such address, that would look like a mere heresy. While in paper money, they can be caught, we could even use marked money to set them up.
The bribees are obviously neither traders not investors
Therefore they are not very interested in Bitcoin as such. In fact, some of them may well be, but they will an exception to the rule. In this way, Bitcoin is of no use to them and while they can be effortlessly and safely bribed through Bitcoin, as soon as they decide to cash out, all their fiat transactions (e.g. from an exchange to their bank account) can be easily traced. Indeed, they could use straw men as well as dummy accounts, but in that case they could just as easily use them for receiving fiat bribes without getting involved with Bitcoin at all
There is no way for paper money to disappear completely. Although we are heading towards paperless and digital era paper money will stay in some amount and people will still use it but soon probably there will be situation that majority of people would use credit cards and with time digital currencies also.
I don't think it will happen in the future. Right now paper money might be safer in a vault in a bank compared to some kind of e-currency circulating online around the web, which is vulnerable to hacks and scams. Also for the government's purpose it will be hard for their part to know what people are really earning because all of the transactions are now online which will promote the use of money laundering. Bad Idea 
There is no way for paper money to disappear completely. Although we are heading towards paperless and digital era paper money will stay in some amount and people will still use it but soon probably there will be situation that majority of people would use credit cards and with time digital currencies also.
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