Topic: The future of the paper money - page 160. (Read 416601 times)
Though people are started using debit cards, credit cards and other digital currencies; there are some transaction which needs to be deal in traditional cash only. Paper money will be always the main mode of payment.
-Future of paper money, i think it is forever, not something that can replace it
-For years paper money has always been widely used and popular, can say say is immortal. I am sure you know that paper money is never lost
-For years paper money has always been widely used and popular, can say say is immortal. I am sure you know that paper money is never lost
Governments also prefer digital money over paper, because it's very easy to track transactions. Cash is the main form of money for black market right now, and it's also used for tax evasions and other illegal activities. So, I think people will be reaching towards crypto currencies as governments push people away frosh cash.
using digital money, the government can control the velocity of money and where the money someone will go. yeah I think the government will just love it but is it that could make paper money disappear?
Governments also prefer digital money over paper, because it's very easy to track transactions. Cash is the main form of money for black market right now, and it's also used for tax evasions and other illegal activities. So, I think people will be reaching towards crypto currencies as governments push people away frosh cash.
using digital money, the government can control the velocity of money and where the money someone will go. yeah I think the government will just love it but is it that could make paper money disappear? 
The paper has no future. we are using smart devices in the digital world
and We can use digital currency for payment online. If we use paper money, we can not do it .
so The digital money just has future.
for the future seems paper money will not have a bright future look more popular digital money.and We can use digital currency for payment online. If we use paper money, we can not do it .
so The digital money just has future.
but I think the paper money will survive until whenever
Paper money's future will be still the same and of strong foundation, it will not be possible in the future paper money will vanish, because not all people have an internet access there were people who are living in areas not covered with modern technology specially communication. There will be bright future of bitcoin as well as paper money partnership specially with online transactions from btc to fiat currency. They were very particular of the paper money and its very convenience for bitcoin as part of exchanging currency online so people could be well oriented with digital cypto currency.
Paper money would still exist. Digital currencies cannot replace paper currency entirely. But in long term period, use of paper currencies would get reduced due to increased usage of digital currencies.
and suppose if everyone started to make deals in digital form and they started to do shopping from online stores then everyone will like to have a digital form of currency with convenient features and so at that time people will like to use bitcoin for their dealings and for their businesses etc and the paper money will be used much less.Paper money maybe used much less in a developed country, but there is always this country that is lagging behind. Aside from that even developed country have always areas that cannot sync with the current development of that nation. Considering this fact, I don't think that paper money will become obsolete. They will change in image but most likely they will stay as paper money to use at offline transactions.
Governments also prefer digital money over paper, because it's very easy to track transactions. Cash is the main form of money for black market right now, and it's also used for tax evasions and other illegal activities. So, I think people will be reaching towards crypto currencies as governments push people away frosh cash.
although the government would prefer the digital money in the future. but they will not leave the fiat. maybe they will make another version of the fiat that is digital form
Governments also prefer digital money over paper, because it's very easy to track transactions. Cash is the main form of money for black market right now, and it's also used for tax evasions and other illegal activities. So, I think people will be reaching towards crypto currencies as governments push people away frosh cash.
The paper has no future. we are using smart devices in the digital world
and We can use digital currency for payment online. If we use paper money, we can not do it .
so The digital money just has future.
for the future seems paper money will not have a bright future look more popular digital money.and We can use digital currency for payment online. If we use paper money, we can not do it .
so The digital money just has future.
but I think the paper money will survive until whenever
Paper money's future will be still the same and of strong foundation, it will not be possible in the future paper money will vanish, because not all people have an internet access there were people who are living in areas not covered with modern technology specially communication. There will be bright future of bitcoin as well as paper money partnership specially with online transactions from btc to fiat currency. They were very particular of the paper money and its very convenience for bitcoin as part of exchanging currency online so people could be well oriented with digital cypto currency.
The paper has no future. we are using smart devices in the digital world
and We can use digital currency for payment online. If we use paper money, we can not do it .
so The digital money just has future.
for the future seems paper money will not have a bright future look more popular digital money.and We can use digital currency for payment online. If we use paper money, we can not do it .
so The digital money just has future.
but I think the paper money will survive until whenever
I have made some research and I read books about economics and finance. There was this article that says about digital revolution of currency. It was stated that paper money will be burned in the future, paper money will be considered ordinary paper and will lost its value. That statement is in congruence to what is actually going to happen soon. Banks are turning into digital currency and integrate blockchain technology in their system. Soon
all of us will no longer hold paper money since fiat currency has already turn digital.
I don't think "soon" is the proper word for the time span that's needed for us to all start using digital currency. There are remote countries/areas and there would always be where they can't use digital money. Actually paper money is nothing but paper, we just give value to it. Just like bitcoins, it's not but a crypto-coin, we just give value to it. Bitcoin's worth was built up by the supply and demand and nothing else. They are not both backed by anything.all of us will no longer hold paper money since fiat currency has already turn digital.
Once all the resources have been used up, all these "currencies", no matter which form are they, will become useless.
Paper money would still exist. Digital currencies cannot replace paper currency entirely. But in long term period, use of paper currencies would get reduced due to increased usage of digital currencies.
and suppose if everyone started to make deals in digital form and they started to do shopping from online stores then everyone will like to have a digital form of currency with convenient features and so at that time people will like to use bitcoin for their dealings and for their businesses etc and the paper money will be used much less.Paper money maybe used much less in a developed country, but there is always this country that is lagging behind. Aside from that even developed country have always areas that cannot sync with the current development of that nation. Considering this fact, I don't think that paper money will become obsolete. They will change in image but most likely they will stay as paper money to use at offline transactions.
Paper money would still exist. Digital currencies cannot replace paper currency entirely. But in long term period, use of paper currencies would get reduced due to increased usage of digital currencies.
and suppose if everyone started to make deals in digital form and they started to do shopping from online stores then everyone will like to have a digital form of currency with convenient features and so at that time people will like to use bitcoin for their dealings and for their businesses etc and the paper money will be used much less. 
Although we are heading towards cashless world I don't think that paper money will stop to exist. Governments don't have interest to eliminate it in fool and many people still like to feel money in their hands.
Bitcoin will never have paper banknotes because it's digital currency and digital currencies will stay the alternative to paper money but they will probably not prevale.
Bitcoin will never have paper banknotes because it's digital currency and digital currencies will stay the alternative to paper money but they will probably not prevale.
Yeah! Almost all the governments around the world are trying to eliminate paper currency. In countries like US or Sweden, paper currency is limited to approx. 35%
But when we say, not paper currency doesn't directly mean blockchain or bitcoin. It may be other cashless means like Debit/Credit Cards, Net Banking, etc.
So as per securities of these methods, they can be well managed if they acquire 100% of currency system.
So on the whole, it is possible for some nations to completely eliminate paper currency without much worry!
But when we say, not paper currency doesn't directly mean blockchain or bitcoin. It may be other cashless means like Debit/Credit Cards, Net Banking, etc.
So as per securities of these methods, they can be well managed if they acquire 100% of currency system.
So on the whole, it is possible for some nations to completely eliminate paper currency without much worry!
Paper money will exist even bitcoin get more popular. bitcoin never had paper money and it never will.
Yeah! Almost all the governments around the world are trying to eliminate paper currency. In countries like US or Sweden, paper currency is limited to approx. 35%
But when we say, not paper currency doesn't directly mean blockchain or bitcoin. It may be other cashless means like Debit/Credit Cards, Net Banking, etc.
So as per securities of these methods, they can be well managed if they acquire 100% of currency system.
So on the whole, it is possible for some nations to completely eliminate paper currency without much worry!
But when we say, not paper currency doesn't directly mean blockchain or bitcoin. It may be other cashless means like Debit/Credit Cards, Net Banking, etc.
So as per securities of these methods, they can be well managed if they acquire 100% of currency system.
So on the whole, it is possible for some nations to completely eliminate paper currency without much worry!
The paper has no future. we are using smart devices in the digital world
and We can use digital currency for payment online. If we use paper money, we can not do it .
so The digital money just has future.
and We can use digital currency for payment online. If we use paper money, we can not do it .
so The digital money just has future.
Even we are living in the world that is now being conquered by technology still there is a future for paper money. All types of currency are just innovating and that's the future of paper money it will be digitized and it's all happening now. Crypto currencies are perfect example for it and as well as paypal's service.
Probably bitcoin and gold is really apropriate for the future.
Both trend value is never decrease.
I have made some research and I read books about economics and finance. There was this article that says about digital revolution of currency. It was stated that paper money will be burned in the future, paper money will be considered ordinary paper and will lost its value. That statement is in congruence to what is actually going to happen soon. Banks are turning into digital currency and integrate blockchain technology in their system. Soon
all of us will no longer hold paper money since fiat currency has already turn digital.
all of us will no longer hold paper money since fiat currency has already turn digital.
Paper money would still exist. Digital currencies cannot replace paper currency entirely. But in long term period, use of paper currencies would get reduced due to increased usage of digital currencies.
in the future the bitcoin can use around the world
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