Topic: The future of the paper money - page 182. (Read 416566 times)
Even though some countries try to issue their currency as digital currency, paper money will be still alive and it will be used by people for buying goods and any other transactions.Even now in many countries,many people still dont even use credit cards. So paper currency will last forever.
Although we are entering an age where everything has its digital version, I don't see the paper money being obsolete. It is still nice to have physical forms of money. The increasing transaction counts using digital money and online payment has reduced the need to bring cash but there are still things that are better off being paid by paper money.
I also do not see the paper money going away completely in the foreseeable future. Yet we do not know what the future of technology holds in store for us
I don't see any risk in the future of paper money and it will always survive even in future as Government will never allow any digital currency to get on the mainstream as it can be an threat to their financial system.
I actually saw that paper money is the best tool to use the transaction at this time. Well, everyone has been accustomed to using paper money, even from your credit card can be used at several stores, I think people still use paper money as their primary currency. Well, anyway, I think the current digital money will only be used as an alternativeBeing accustomed. Yes that is the problem. The tradition of using it passed to the next generation and so on and on. It will not be stopped. Ask someone who dont use it I think there will be none.
I don't see any risk in the future of paper money and it will always survive even in future as Government will never allow any digital currency to get on the mainstream as it can be an threat to their financial system.
I actually saw that paper money is the best tool to use the transaction at this time. Well, everyone has been accustomed to using paper money, even from your credit card can be used at several stores, I think people still use paper money as their primary currency. Well, anyway, I think the current digital money will only be used as an alternative Although we are entering an age where everything has its digital version, I don't see the paper money being obsolete. It is still nice to have physical forms of money. The increasing transaction counts using digital money and online payment has reduced the need to bring cash but there are still things that are better off being paid by paper money.
Yes and actually paying with paper money may involve risk of carrying lots of money but it also give some privacy than doing banking transactions so still some people prefer to get paid in paper money like students who like to get paid in hard cash for their extra time in work so that they can work more than their working hour limitation. So paper money may remain in demand even after decades from now on.Although we are entering an age where everything has its digital version, I don't see the paper money being obsolete. It is still nice to have physical forms of money. The increasing transaction counts using digital money and online payment has reduced the need to bring cash but there are still things that are better off being paid by paper money.
Yes and actually paying with paper money may involve risk of carrying lots of money but it also give some privacy than doing banking transactions so still some people prefer to get paid in paper money like students who like to get paid in hard cash for their extra time in work so that they can work more than their working hour limitation. So paper money may remain in demand even after decades from now on. 
I don't see any risk in the future of paper money and it will always survive even in future as Government will never allow any digital currency to get on the mainstream as it can be an threat to their financial system.
I think the future of the bill is still not clear, see a lot of people who use digital currency instead of using paper money
governments simply aren't interested in incorporating bitcoin. they can't deal with the fact that it is something they can't control. paper money will stay at least for another 10-20 years.
Maybe 20 years or more,our fiat currency will stay.Several government as of now are trying to regulate bitcoin to curb fraud and some illegal activities but it also means to control the said cryptocurrency.As of now transaction will undergone several confirmations at its quite slow in real time payments.
Although we are entering an age where everything has its digital version, I don't see the paper money being obsolete. It is still nice to have physical forms of money. The increasing transaction counts using digital money and online payment has reduced the need to bring cash but there are still things that are better off being paid by paper money.
The future of the paper money is not so good because the fact is that its gonna less more than back in the days.
Digital money is taking over the world... its all digital.
indeed everything is digitizing nowadays start from books, images, documents etcDigital money is taking over the world... its all digital.
and now is money turn , bitcoin come as the first cryptocurrency digital money
but can you imagine if there is a paper money of bitcoin like this
A lot of poor stranine ready to move to the digital currency. The level of development is very low. They prefer lengi stored in paper form.
The future of the paper money is not so good because the fact is that its gonna less more than back in the days.
Digital money is taking over the world... its all digital.
Digital money is taking over the world... its all digital.
Government know that, and making moves to make it prosper, as long as computer and technology doesn't saturate the earth yet, it will always be there... Perhaps countries would just go digital if every corner of its street has internet and computer...
The future of the paper money is not so good because the fact is that its gonna less more than back in the days.
Digital money is taking over the world... its all digital.
Digital money is taking over the world... its all digital.
Government know that, and making moves to make it prosper, as long as computer and technology doesn't saturate the earth yet, it will always be there... Perhaps countries would just go digital if every corner of its street has internet and computer...
The future of the paper money is not so good because the fact is that its gonna less more than back in the days.
Digital money is taking over the world... its all digital.
Digital money is taking over the world... its all digital.
Honestly, I think it will be a step forward after the plastic card. Like in the beggining of 80' when the first ATM was opperating in big cities, they had the size of 2 telephone cabs (or more) and were very noisy. It took lot of years to people adapt to this equipment that they were afraid. The system was very "hard to believe". Lot of TV channels interviewed people and they said "I won't use this machine. How can I be sure that my money will be sent to another person in safety, and how could I trust to put a paper wallet inside this robot machine and they will store safety and when I want money I'll just pick up and booom!". It was funny. Now ATM's are so normal as a garbage can.
There is no doubt that in an effort to break your privacy even further some governments will do their best to try to ban cash in fact that is a battle that has been fought for decades in my country there are a lot of things you cannot buy with cash, like cars and expensive jewelry.
Paper money is always good. Bitcoin is of course getting more popular and used but that doesnt mean that paper money will disappear.
That's right, paper money will long live. Electronic money will not replace the centralized currency. Many people use paper money, and it is convenient. Some people do not trust the electronic money and the more alternative currencies
Paper money is always good. Bitcoin is of course getting more popular and used but that doesnt mean that paper money will disappear.
i agree with the statement too that money system needs a lot of development but we are the one who is giving papers there real value as money and if we continieu this with bitcoin then we will reach the future faster but if we do it slowly then its gonna be little creapy anyway the money production is also depends on the growing population everyone is havong babies
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