The future of the paper money - page 166.

TheGodFather

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Quote from: magneto on November 26, 2016, 05:21:37 PM

Quote from: sobsitesearch on November 26, 2016, 09:12:45 AM

Paper money still exist in the future even dihital currency would ve more popular because not all people can have this decentralized currency that is ehy paper money is much usable to them for daily needs.

It depends. If we can promote bitcoin and spread it worldwide then there isn't really much of a use for paper currency, especially when they are issued by a government and costing them so much to issue.

Governments could even move onto cryptocurrencies themselves, to save the printing fees.

i agree with you and promoting crytocurrencies will help our wonderful mother earth to be saved because it will reduced the cutting of trees . because we all know that paper is came from trees and many trees has been cutoff because of producing paper. thats why they recycling the paper to create a paper again but our paper money use special paper which usually different from a normal paper.

goldcoinminer

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Quote from: magneto on November 26, 2016, 05:21:37 PM

Quote from: sobsitesearch on November 26, 2016, 09:12:45 AM

Paper money still exist in the future even dihital currency would ve more popular because not all people can have this decentralized currency that is ehy paper money is much usable to them for daily needs.

It depends. If we can promote bitcoin and spread it worldwide then there isn't really much of a use for paper currency, especially when they are issued by a government and costing them so much to issue.

Governments could even move onto cryptocurrencies themselves, to save the printing fees.

So how would you teach people who are uneducated to use bitcoin in the first place? You can't expect that all people in this world are computer literate, poverty is massive in poor countries and they are part of the world.

magneto

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Quote from: sobsitesearch on November 26, 2016, 09:12:45 AM

Paper money still exist in the future even dihital currency would ve more popular because not all people can have this decentralized currency that is ehy paper money is much usable to them for daily needs.

It depends. If we can promote bitcoin and spread it worldwide then there isn't really much of a use for paper currency, especially when they are issued by a government and costing them so much to issue.

Governments could even move onto cryptocurrencies themselves, to save the printing fees.

delliaerd

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Quote from: Yuuto on November 26, 2016, 04:59:06 PM

Quote from: transabox on November 26, 2016, 03:20:30 PM

Paper money is all love and use. They are very popular. and yet very few people know about Bitcoin. that is why in the future, all paper money will also be live

That is not true. Macbooks may be popular now but something better than a Macbook may come out in the future and replace the macbook for apple users. Or Xbox may be replaced by something better. Same goes with curencies.

Paper money is worthless, and will be dead.

Yes, paper money is become worthless. Thats happen to bolivar, it is price is 1 dollar = 82 bolivar a few time ago, but the the price is down, the price is 1 dollar = 676 bolivar now. So people were make demand to change 141 million bolivar into bitcoin and 117 million bolivar into usd. Some of countries were have a problem with their fiat then they looking for alternatif to safe their wealth. Paper money is do not have a future.

Yuuto

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Quote from: transabox on November 26, 2016, 03:20:30 PM

Paper money is all love and use. They are very popular. and yet very few people know about Bitcoin. that is why in the future, all paper money will also be live

That is not true. Macbooks may be popular now but something better than a Macbook may come out in the future and replace the macbook for apple users. Or Xbox may be replaced by something better. Same goes with curencies.

Paper money is worthless, and will be dead.

transabox

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Paper money is all love and use. They are very popular. and yet very few people know about Bitcoin. that is why in the future, all paper money will also be live

sobsitesearch

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Paper money still exist in the future even dihital currency would ve more popular because not all people can have this decentralized currency that is ehy paper money is much usable to them for daily needs.

groll

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Quote from: deisik on November 26, 2016, 08:05:01 AM

Quote from: freedomgo on November 25, 2016, 10:44:08 PM

Bitcoin would be easy to use than debit cards if more establishment will accept bitcoin. It's easy for them and for use and they can increase their income the same with lessening their workforce. It's convenient to use it.

I don't really think that Bitcoin can be easier to use than debit cards. There are already a number of Bitcoin payment cards issued by some web wallets and exchanges (Coinbase, Xapo, etc), but they are basically the same plastic cards that are in the widespread usage today. Ultimately, this technology doesn't depend on the type of the currency it is used to process. If you refer to paying with smartphones, I don't think it is a good idea after all...

Let alone the convenience of using smartphones for payment

Yes, having debit card issued by some web wallet is just the same from the debit card came from bank, once you've transfer your bitcoin on your debit card it will also money, thats why i am thinking why others are comparing money on bitcoins?
Paper money can never be replace by any digital currency because all people needs it.

deisik

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Quote from: freedomgo on November 25, 2016, 10:44:08 PM

Bitcoin would be easy to use than debit cards if more establishment will accept bitcoin. It's easy for them and for use and they can increase their income the same with lessening their workforce. It's convenient to use it.

I don't really think that Bitcoin can be easier to use than debit cards. There are already a number of Bitcoin payment cards issued by some web wallets and exchanges (Coinbase, Xapo, etc), but they are basically the same plastic cards that are in the widespread usage today. Ultimately, this technology doesn't depend on the type of the currency it is used to process. If you refer to paying with smartphones, I don't think it is a good idea after all...

Let alone the convenience of using smartphones for payment

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Quote from: FLoving on November 25, 2016, 06:19:47 PM

Quote from: diodio5 on November 25, 2016, 06:00:54 PM

Quote from: Jasad on November 25, 2016, 05:41:12 PM

Quote from: arseaboy on November 25, 2016, 12:04:51 PM

Quote from: gabmen on November 25, 2016, 03:33:18 AM

Quote from: agamasrori on November 25, 2016, 12:42:03 AM

Some country are getting saturate to use paper money, its value is decrease eveytime becouse of inflation. I think people in the future will choose another thing to be a currency.

I agree but i don't think it would be with this generation. I don't think some countries are ready to move on to a different type of currency especially third world countries. There may be other forms of currency that may come up in the future but i think we would still be using paper money for quite a long time

Yes, paper money has been used by people a long time ago and there's no way that can replace it since it's already been established since the beginning. It's possible that there will be changes for the currencies but paper money will not gone for now.

but if people then ask for prefer to use digital money like bitcoin ,
what do you think will happened to paper money?
what if then paper money considered as outdated money?
everything possible as technology develop faster , and people very welcome to it.

I think there will be a whole everyone in the world would do that? certainly there may be some people who will retain and continue to use paper money
I think the digital money will be popular but it is not going to make paper money disappear

The same idea is also in my mind but there is also a doubt in my mind that nowadays I am looking that everyone is using their debit cards for to spend their money and to keep their money that show us that people are now loving to use digital means of payment so it is a possibility that in the future people will forget about paper money.

Bitcoin would be easy to use than debit cards if more establishment will accept bitcoin. It's easy for them and for use and they can increase their income the same with lessening their workforce. It's convenient to use it.

FLoving

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Quote from: diodio5 on November 25, 2016, 06:00:54 PM

Quote from: Jasad on November 25, 2016, 05:41:12 PM

Quote from: arseaboy on November 25, 2016, 12:04:51 PM

Quote from: gabmen on November 25, 2016, 03:33:18 AM

Quote from: agamasrori on November 25, 2016, 12:42:03 AM

Some country are getting saturate to use paper money, its value is decrease eveytime becouse of inflation. I think people in the future will choose another thing to be a currency.

I agree but i don't think it would be with this generation. I don't think some countries are ready to move on to a different type of currency especially third world countries. There may be other forms of currency that may come up in the future but i think we would still be using paper money for quite a long time

Yes, paper money has been used by people a long time ago and there's no way that can replace it since it's already been established since the beginning. It's possible that there will be changes for the currencies but paper money will not gone for now.

but if people then ask for prefer to use digital money like bitcoin ,
what do you think will happened to paper money?
what if then paper money considered as outdated money?
everything possible as technology develop faster , and people very welcome to it.

I think there will be a whole everyone in the world would do that? certainly there may be some people who will retain and continue to use paper money
I think the digital money will be popular but it is not going to make paper money disappear

The same idea is also in my mind but there is also a doubt in my mind that nowadays I am looking that everyone is using their debit cards for to spend their money and to keep their money that show us that people are now loving to use digital means of payment so it is a possibility that in the future people will forget about paper money.

diodio5

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Quote from: Jasad on November 25, 2016, 05:41:12 PM

Quote from: arseaboy on November 25, 2016, 12:04:51 PM

Quote from: gabmen on November 25, 2016, 03:33:18 AM

Quote from: agamasrori on November 25, 2016, 12:42:03 AM

Some country are getting saturate to use paper money, its value is decrease eveytime becouse of inflation. I think people in the future will choose another thing to be a currency.

I agree but i don't think it would be with this generation. I don't think some countries are ready to move on to a different type of currency especially third world countries. There may be other forms of currency that may come up in the future but i think we would still be using paper money for quite a long time

Yes, paper money has been used by people a long time ago and there's no way that can replace it since it's already been established since the beginning. It's possible that there will be changes for the currencies but paper money will not gone for now.

but if people then ask for prefer to use digital money like bitcoin ,
what do you think will happened to paper money?
what if then paper money considered as outdated money?
everything possible as technology develop faster , and people very welcome to it.

I think there will be a whole everyone in the world would do that? certainly there may be some people who will retain and continue to use paper money
I think the digital money will be popular but it is not going to make paper money disappear

Jasad

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= jasad =

Quote from: arseaboy on November 25, 2016, 12:04:51 PM

Quote from: gabmen on November 25, 2016, 03:33:18 AM

Quote from: agamasrori on November 25, 2016, 12:42:03 AM

Some country are getting saturate to use paper money, its value is decrease eveytime becouse of inflation. I think people in the future will choose another thing to be a currency.

I agree but i don't think it would be with this generation. I don't think some countries are ready to move on to a different type of currency especially third world countries. There may be other forms of currency that may come up in the future but i think we would still be using paper money for quite a long time

Yes, paper money has been used by people a long time ago and there's no way that can replace it since it's already been established since the beginning. It's possible that there will be changes for the currencies but paper money will not gone for now.

but if people then ask for prefer to use digital money like bitcoin ,
what do you think will happened to paper money?
what if then paper money considered as outdated money?
everything possible as technology develop faster , and people very welcome to it.

Doamader

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I cant advice to go full into bitcoin, even when i do believe and know bitcoin does have a huge potencial to grow, and on the last year till now, bitcoin is just growing over and over again, dropping a bit over the road but always up. The fiat is being managed wrong, thats why we are taking others options to handle this problems, fiat looks like wanna to improve, and bitcoin is just an example what people need, thats security and some trust.

deadpoolx

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Quote from: agamasrori on November 25, 2016, 12:42:03 AM

Some country are getting saturate to use paper money, its value is decrease eveytime becouse of inflation. I think people in the future will choose another thing to be a currency.

Inflation is something that really affects the lives of people, making fiat currency just a tool for governments, that's one of the biggest reasons why people should adopt Bitcoin, and there are no complications to using it.
Some people may disagree, but the fact that Bitcoin is a deflationary currency has only good things to bring to the ecosystem.

groll

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Quote from: horace08122 on November 25, 2016, 01:01:34 PM

Quote from: Bitcoinsummoner on November 25, 2016, 12:20:10 PM

Quote from: arseaboy on November 25, 2016, 12:04:51 PM

Quote from: gabmen on November 25, 2016, 03:33:18 AM

Quote from: agamasrori on November 25, 2016, 12:42:03 AM

Some country are getting saturate to use paper money, its value is decrease eveytime becouse of inflation. I think people in the future will choose another thing to be a currency.

I agree but i don't think it would be with this generation. I don't think some countries are ready to move on to a different type of currency especially third world countries. There may be other forms of currency that may come up in the future but i think we would still be using paper money for quite a long time

Yes, paper money has been used by people a long time ago and there's no way that can replace it since it's already been established since the beginning. It's possible that there will be changes for the currencies but paper money will not gone for now.

It is impossible to replace for me because it was made by banks that control by government and i think government will not allow bitcoin as new currency or replace paper money..
Bitcoin is just always good for alternative that we are adopting right now..

The only money that can now free to use without resorting to mechanical st digital device, it is made of paper. That kind of money on the outskirts of major cities.

Money is only an agreement from the lender that he is liable to pay the borrower the certain amount of goods or services equivalent in the foreseeable future.
If we look at the history of money, in the initial days, there was no concept of money and only one type of good was exchanged for another type. So going in this way, the future of paper money isn't very illustrious, cause it is very susceptible to damage by natural and man-made

horace08122

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Quote from: Bitcoinsummoner on November 25, 2016, 12:20:10 PM

Quote from: arseaboy on November 25, 2016, 12:04:51 PM

Quote from: gabmen on November 25, 2016, 03:33:18 AM

Quote from: agamasrori on November 25, 2016, 12:42:03 AM

Some country are getting saturate to use paper money, its value is decrease eveytime becouse of inflation. I think people in the future will choose another thing to be a currency.

I agree but i don't think it would be with this generation. I don't think some countries are ready to move on to a different type of currency especially third world countries. There may be other forms of currency that may come up in the future but i think we would still be using paper money for quite a long time

Yes, paper money has been used by people a long time ago and there's no way that can replace it since it's already been established since the beginning. It's possible that there will be changes for the currencies but paper money will not gone for now.

It is impossible to replace for me because it was made by banks that control by government and i think government will not allow bitcoin as new currency or replace paper money..
Bitcoin is just always good for alternative that we are adopting right now..

The only money that can now free to use without resorting to mechanical st digital device, it is made of paper. That kind of money on the outskirts of major cities.

Bitcoinsummoner

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Quote from: arseaboy on November 25, 2016, 12:04:51 PM

Quote from: gabmen on November 25, 2016, 03:33:18 AM

Quote from: agamasrori on November 25, 2016, 12:42:03 AM

Some country are getting saturate to use paper money, its value is decrease eveytime becouse of inflation. I think people in the future will choose another thing to be a currency.

I agree but i don't think it would be with this generation. I don't think some countries are ready to move on to a different type of currency especially third world countries. There may be other forms of currency that may come up in the future but i think we would still be using paper money for quite a long time

Yes, paper money has been used by people a long time ago and there's no way that can replace it since it's already been established since the beginning. It's possible that there will be changes for the currencies but paper money will not gone for now.

It is impossible to replace for me because it was made by banks that control by government and i think government will not allow bitcoin as new currency or replace paper money..
Bitcoin is just always good for alternative that we are adopting right now..

arseaboy

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Quote from: gabmen on November 25, 2016, 03:33:18 AM

Quote from: agamasrori on November 25, 2016, 12:42:03 AM

Some country are getting saturate to use paper money, its value is decrease eveytime becouse of inflation. I think people in the future will choose another thing to be a currency.

I agree but i don't think it would be with this generation. I don't think some countries are ready to move on to a different type of currency especially third world countries. There may be other forms of currency that may come up in the future but i think we would still be using paper money for quite a long time

Yes, paper money has been used by people a long time ago and there's no way that can replace it since it's already been established since the beginning. It's possible that there will be changes for the currencies but paper money will not gone for now.

jondeen707

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Quote from: MTBTT on November 25, 2016, 03:58:27 AM

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Quote from: maister77777 on November 23, 2016, 06:34:18 PM

Quote from: mastica on November 23, 2016, 05:55:35 PM

I dont know if im advancing too fast, but in the future we will do all transactions online without the need anymore of the printed money, besides that i do believe we will have internet acess for free, companies will sell just computers and digital equipments.

Real Money will always be paper and digital for use on a network. There is much debate on the subject, just much talk seriously about bitcoin such as international currency very early and premature.

I think the true real money will always be in the form of paper money, and the money will be digital only as an option, although the future of digital money later will be more widely used, but I'm sure paper money will continue to survive

Paper money can be elimanate if system between stable, paper money is many the weakness like prone to false, paper money also difficult to control by government.

for example, counterfeiting, there are a lot of counterfeit money on banknotes and the government can not control it, with digital money no one can falsify it, and certainly no loss, I think the paper money has no future

That's one of the biggest bitcoin's advantages, isn't it?

Topic: The future of the paper money - page 166. (Read 416601 times)