In the next five years, the abolition or abolition of paper money will be a global trend. Personally, I think, at least we should abolish the large denomination notes until all the paper money is abolished. Note the obvious defects, can not leave traces, dirty business, money laundering, cruel exploitation by money more convenient. If a bribe is to be transferred, it is finished. At present, there has been a country to abolish paper money, and several countries announced that it is studying the abolition of. .
Good luck with that, besides what are we going to do without higher note denominations when inflation strikes? In Venezuela people need to bring bricks of bills to pay for stuff if you want to use cash, cash will continue to exist simply because it is necessary. 
Topic: The future of the paper money - page 142. (Read 416566 times)
the reason why hackers are more interested in fiat money is because the price of it is steady
and doesnt fluctaute frequently. and when bitcoin achieve let say $1000 per bitcoin hackers
will turn theyre eyes to bitcoin and hack it, even right now bitcoin is being hacked.
and doesnt fluctaute frequently. and when bitcoin achieve let say $1000 per bitcoin hackers
will turn theyre eyes to bitcoin and hack it, even right now bitcoin is being hacked.
The value of 1 bitcoin really doesn't matter. Hackers just look at total value - whether bitcoin or fiat.
They just try to extract the maximum possible value.
as long as there is money in your purse. then hackers will steal your money. no matter it paper money or bitcoin
The best way to protect against hackers is to become one so that you know how they do it. I spilt my Bitcoins into 3 different accounts so that hackers will not have a chance to steal all my balance
Whatever you do you should understand what you are doing
And if you do it right, you may not be required to split your coins into 3 different wallets or balances. Basically, there is nothing wrong with that, but you should always remember whether what you are doing actually serves the intended purpose. More specifically, splitting your stash of coins may in fact increase the chances of you losing some part of them, not decrease as you come to think
If the hackers can grab an idea to have a money, they will do it. If have this question on your mind, we still be on it too. Hackers can do a lot of things if they want it, they can hack your bitcoin address and put some money on their own, a lot of ideas and knowledge hackers can do. If bitcoin will have that kind of bug, they should update their programs.
the reason why hackers are more interested in fiat money is because the price of it is steady
and doesnt fluctaute frequently. and when bitcoin achieve let say $1000 per bitcoin hackers
will turn theyre eyes to bitcoin and hack it, even right now bitcoin is being hacked.
and doesnt fluctaute frequently. and when bitcoin achieve let say $1000 per bitcoin hackers
will turn theyre eyes to bitcoin and hack it, even right now bitcoin is being hacked.
The value of 1 bitcoin really doesn't matter. Hackers just look at total value - whether bitcoin or fiat.
They just try to extract the maximum possible value.
as long as there is money in your purse. then hackers will steal your money. no matter it paper money or bitcoin
The best way to protect against hackers is to become one so that you know how they do it. I spilt my Bitcoins into 3 different accounts so that hackers will not have a chance to steal all my balance
Whatever you do you should understand what you are doing
And if you do it right, you may not be required to split your coins into 3 different wallets or balances. Basically, there is nothing wrong with that, but you should always remember whether what you are doing actually serves the intended purpose. More specifically, splitting your stash of coins may in fact increase the chances of you losing some part of them, not decrease as you come to think
If the hackers can grab an idea to have a money, they will do it. If have this question on your mind, we still be on it too. Hackers can do a lot of things if they want it, they can hack your bitcoin address and put some money on their own, a lot of ideas and knowledge hackers can do. If bitcoin will have that kind of bug, they should update their programs.
the reason why hackers are more interested in fiat money is because the price of it is steady
and doesnt fluctaute frequently. and when bitcoin achieve let say $1000 per bitcoin hackers
will turn theyre eyes to bitcoin and hack it, even right now bitcoin is being hacked.
and doesnt fluctaute frequently. and when bitcoin achieve let say $1000 per bitcoin hackers
will turn theyre eyes to bitcoin and hack it, even right now bitcoin is being hacked.
The value of 1 bitcoin really doesn't matter. Hackers just look at total value - whether bitcoin or fiat.
They just try to extract the maximum possible value.
as long as there is money in your purse. then hackers will steal your money. no matter it paper money or bitcoin
The best way to protect against hackers is to become one so that you know how they do it. I spilt my Bitcoins into 3 different accounts so that hackers will not have a chance to steal all my balance
Whatever you do you should understand what you are doing
And if you do it right, you may not be required to split your coins into 3 different wallets or balances. Basically, there is nothing wrong with that, but you should always remember whether what you are doing actually serves the intended purpose. More specifically, splitting your stash of coins may in fact increase the chances of you losing some part of them, not decrease as you come to think
I think there will a come a time that we will consider digital currency as a means of payment. We already have countries using credit cards at almost everything but I guess paper money wouldn't disappear. It would still be best to have something tangable when it comes to payment. Wouldn't it also be much more dangerous if we only use digital currency?
It is inevitable that we are going in to digital age, where the use of digital currency is unavoidable too, cards will play major role in payment systems. But that doesn't mean that paper money will disappear that fast. We must keep in mind that not all parts of the world are equal. There are still places where technology is already there, but they still prefer to use the traditional way.
I'm sure until whenever paper money will continue to exist, this is due to the protection of the State. Paper money is one of the symbols of State, used en masse by the entire population of the country. In addition, the country has not been approved bitcoin so still need to be a long process.
Protection of the state, main currency controlled by the biggest banks, used by almost all people one earth, paper money has pretty much everything going for it. It's the most secure currency today and it's been that eversince so i think if we talk about the future of paper money, we're talking about it's way beyond our generation
I think there will a come a time that we will consider digital currency as a means of payment. We already have countries using credit cards at almost everything but I guess paper money wouldn't disappear. It would still be best to have something tangable when it comes to payment. Wouldn't it also be much more dangerous if we only use digital currency?
It is inevitable that we are going in to digital age, where the use of digital currency is unavoidable too, cards will play major role in payment systems. But that doesn't mean that paper money will disappear that fast. We must keep in mind that not all parts of the world are equal. There are still places where technology is already there, but they still prefer to use the traditional way.
I'm sure until whenever paper money will continue to exist, this is due to the protection of the State. Paper money is one of the symbols of State, used en masse by the entire population of the country. In addition, the country has not been approved bitcoin so still need to be a long process.
Currently many trial digital money, so I'm sure slowly the use of paper money will be reduced so that the right will be omitted. One of the things that make digital money is easy it is State control of the money supply.
As quoted above several digital currency based upon several countries government has been under trial. But those were with limited function to be used within the country or state. As said making money supply is easy and cost of paper money generation can be eliminated but risk of usage in illegal and relating activities might increase. I believe at some corner of every country paper money will be used even if digital money gets circulated with regulations.
Currently many trial digital money, so I'm sure slowly the use of paper money will be reduced so that the right will be omitted. One of the things that make digital money is easy it is State control of the money supply.
As quoted above several digital currency based upon several countries government has been under trial. But those were with limited function to be used within the country or state. As said making money supply is easy and cost of paper money generation can be eliminated but risk of usage in illegal and relating activities might increase. I believe at some corner of every country paper money will be used even if digital money gets circulated with regulations. 
Currently many trial digital money, so I'm sure slowly the use of paper money will be reduced so that the right will be omitted. One of the things that make digital money is easy it is State control of the money supply.
the reason why hackers are more interested in fiat money is because the price of it is steady
and doesnt fluctaute frequently. and when bitcoin achieve let say $1000 per bitcoin hackers
will turn theyre eyes to bitcoin and hack it, even right now bitcoin is being hacked.
and doesnt fluctaute frequently. and when bitcoin achieve let say $1000 per bitcoin hackers
will turn theyre eyes to bitcoin and hack it, even right now bitcoin is being hacked.
The value of 1 bitcoin really doesn't matter. Hackers just look at total value - whether bitcoin or fiat.
They just try to extract the maximum possible value.
as long as there is money in your purse. then hackers will steal your money. no matter it paper money or bitcoin.
The best way to protect against hackers is to become one so that you know how they do it. I spilt my Bitcoins into 3 different accounts so that hackers will not have a chance to steal all my balance.
Cash gonna to stay,Russian oligarchs always have some milions in diffrent currencys in his houses
Now EU limited transaction in cash,why becouse people dont trust banks and govs and truth is there is no money in that debt economys money are vanishing,so btc is growing
because money some how is not that safe as bitcoin. and government is also involved in controlling of Paper money. but in bitcoin a person is only the boss of his bitcoins and no one can ask him or charge him to having btc.. I don't know what will be the future of paper money but the future of bitcoin is very bright. Now EU limited transaction in cash,why becouse people dont trust banks and govs and truth is there is no money in that debt economys money are vanishing,so btc is growing
the reason why hackers are more interested in fiat money is because the price of it is steady
and doesnt fluctaute frequently. and when bitcoin achieve let say $1000 per bitcoin hackers
will turn theyre eyes to bitcoin and hack it, even right now bitcoin is being hacked.
and doesnt fluctaute frequently. and when bitcoin achieve let say $1000 per bitcoin hackers
will turn theyre eyes to bitcoin and hack it, even right now bitcoin is being hacked.
The value of 1 bitcoin really doesn't matter. Hackers just look at total value - whether bitcoin or fiat.
They just try to extract the maximum possible value.
as long as there is money in your purse. then hackers will steal your money. no matter it paper money or bitcoin.
The best way to protect against hackers is to become one so that you know how they do it. I spilt my Bitcoins into 3 different accounts so that hackers will not have a chance to steal all my balance.
Cash gonna to stay,Russian oligarchs always have some milions in diffrent currencys in his houses
Now EU limited transaction in cash,why becouse people dont trust banks and govs and truth is there is no money in that debt economys money are vanishing,so btc is growing
Now EU limited transaction in cash,why becouse people dont trust banks and govs and truth is there is no money in that debt economys money are vanishing,so btc is growing
The role of paper money has changed drastically in the past century and that is a fact. Russian oligarchs will have money in real estates, gold, different currencies and in bitcoins now. Future money will be digital, tomorrow, for 10 or 100 years that will happen.
The war on cash by governments has begun, they want to control every amount spend, they will say its about drugs or bribes or crime etc but its all about control. I dont know how long it will take, but sooner or later cash will disappear, maby not in 5 years but they will
May be for some developed country this might happens but do you think about under developed country? How are they going to do things if they dont even have any paper money? They really need to back in old times? Buying things from trading thing? Their government sure dont want this things to happens on their countr too. To erase fiat from each country I dont think it is still far journey
First in developed countries, but that will spread on all others sooner or later. They will be forced to change the system, one way or another. That is evolution!
yes if this happens it would probably implemented on the developed countries who can afford the system while if the thirld world countries sees the outcome of it. they would probably implement it sooner or later because if its outcome is good. they would probably do it but if it not good they would not.
Cash gonna to stay,Russian oligarchs always have some milions in diffrent currencys in his houses
Now EU limited transaction in cash,why becouse people dont trust banks and govs and truth is there is no money in that debt economys money are vanishing,so btc is growing
Now EU limited transaction in cash,why becouse people dont trust banks and govs and truth is there is no money in that debt economys money are vanishing,so btc is growing
The role of paper money has changed drastically in the past century and that is a fact. Russian oligarchs will have money in real estates, gold, different currencies and in bitcoins now. Future money will be digital, tomorrow, for 10 or 100 years that will happen.
The war on cash by governments has begun, they want to control every amount spend, they will say its about drugs or bribes or crime etc but its all about control. I dont know how long it will take, but sooner or later cash will disappear, maby not in 5 years but they will
May be for some developed country this might happens but do you think about under developed country? How are they going to do things if they dont even have any paper money? They really need to back in old times? Buying things from trading thing? Their government sure dont want this things to happens on their countr too. To erase fiat from each country I dont think it is still far journey
First in developed countries, but that will spread on all others sooner or later. They will be forced to change the system, one way or another. That is evolution!
Cash gonna to stay,Russian oligarchs always have some milions in diffrent currencys in his houses
Now EU limited transaction in cash,why becouse people dont trust banks and govs and truth is there is no money in that debt economys money are vanishing,so btc is growing
Now EU limited transaction in cash,why becouse people dont trust banks and govs and truth is there is no money in that debt economys money are vanishing,so btc is growing
The war on cash by governments has begun, they want to control every amount spend, they will say its about drugs or bribes or crime etc but its all about control. I dont know how long it will take, but sooner or later cash will disappear, maby not in 5 years but they will
May be for some developed country this might happens but do you think about under developed country? How are they going to do things if they dont even have any paper money? They really need to back in old times? Buying things from trading thing? Their government sure dont want this things to happens on their countr too. To erase fiat from each country I dont think it is still far journey
Paper money and everything else under the control of governments will be fine and will always be used by normal people (not saying we're normal but I'm speaking of the average person here) who just wants to go on with the day the day. They'll probably always use fiat currency and life will be fine like that.
I really do hate some of the crazy outrageous claims on here that bitcoin is going to kill Fiat currencies as it's really not going to, just accept it.
I really do hate some of the crazy outrageous claims on here that bitcoin is going to kill Fiat currencies as it's really not going to, just accept it.
I think there will a come a time that we will consider digital currency as a means of payment. We already have countries using credit cards at almost everything but I guess paper money wouldn't disappear. It would still be best to have something tangable when it comes to payment. Wouldn't it also be much more dangerous if we only use digital currency?
It is inevitable that we are going in to digital age, where the use of digital currency is unavoidable too, cards will play major role in payment systems. But that doesn't mean that paper money will disappear that fast. We must keep in mind that not all parts of the world are equal. There are still places where technology is already there, but they still prefer to use the traditional way.
I do not count on that:) Some country are already implementing Cashless Society, and with the popularity of Bitcoin that pushes a digital currency might probably shorten the existance of paper money. Government are now getting interested with Blockchain technology and once the government master it, we can say good bye to paper money.
I think there will a come a time that we will consider digital currency as a means of payment. We already have countries using credit cards at almost everything but I guess paper money wouldn't disappear. It would still be best to have something tangable when it comes to payment. Wouldn't it also be much more dangerous if we only use digital currency?
It is inevitable that we are going in to digital age, where the use of digital currency is unavoidable too, cards will play major role in payment systems. But that doesn't mean that paper money will disappear that fast. We must keep in mind that not all parts of the world are equal. There are still places where technology is already there, but they still prefer to use the traditional way.
The war on cash by governments has begun, they want to control every amount spend, they will say its about drugs or bribes or crime etc but its all about control. I dont know how long it will take, but sooner or later cash will disappear, maby not in 5 years but they will
I thought it was too short dude. will probably need a few more decades for cash can be lost and dissapear, for whom his successor? certainly from the currency version of the digitial, because now more widely usedI mean when a lot of people around the world agree to move to digital money
Then bitcoin will be used as the premier currency and paper money slowly disappeared.
yes absolutely. money will always be accelerated any time if it is necessary. but if lots of people around the world only agree to thins thing. but i think it is impossible to use bitcoin as the premier currency for all countries and the paper money will disappered. i think fiat money will not disappere even if bitcoin becomes official.
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