The future of the paper money - page 188.

satdas

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Quote from: Samadur on October 08, 2016, 09:58:08 AM

Quote from: 2girls on October 08, 2016, 09:51:12 AM

Quote from: betlord90 on October 06, 2016, 10:28:10 PM

Quote from: ekoice on October 06, 2016, 10:43:23 AM

Paper money will be still there in the future but it will loose considerable amount of people using it.It is supported by the governments. Even when paper currency value falls down, government would change their policies to make its price stable.

Yes very important to us that paper money coz we use it everyday in our daily living. And paper money can not lost it coz we need that.

Is there going to be a need for a separate machine when the paper money is gone?

Everyone needs more paper money. They will be used for a long time. There are many situations in which you can pay only paper money. And the state does not allow as easy to remove them

yes and the reason is that bitcoin is still not so much popular as it is still a new crypto currency and still not a good number of people are using it, therefore bitcoin is not a threat to paper money in near future.

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Quote from: 2girls on October 08, 2016, 09:51:12 AM

Quote from: betlord90 on October 06, 2016, 10:28:10 PM

Quote from: ekoice on October 06, 2016, 10:43:23 AM

Paper money will be still there in the future but it will loose considerable amount of people using it.It is supported by the governments. Even when paper currency value falls down, government would change their policies to make its price stable.

Yes very important to us that paper money coz we use it everyday in our daily living. And paper money can not lost it coz we need that.

Is there going to be a need for a separate machine when the paper money is gone?

Everyone needs more paper money. They will be used for a long time. There are many situations in which you can pay only paper money. And the state does not allow as easy to remove them

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Quote from: 2girls on October 08, 2016, 09:51:12 AM

Quote from: betlord90 on October 06, 2016, 10:28:10 PM

Quote from: ekoice on October 06, 2016, 10:43:23 AM

Paper money will be still there in the future but it will loose considerable amount of people using it.It is supported by the governments. Even when paper currency value falls down, government would change their policies to make its price stable.

Yes very important to us that paper money coz we use it everyday in our daily living. And paper money can not lost it coz we need that.

Is there going to be a need for a separate machine when the paper money is gone?

Indeed it will need a machine. How do you transact everything thru bitcoin? There is no physical thing right? You will need either a cellular phone with an internet connection or a computer. That is still a machine.

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Quote from: betlord90 on October 06, 2016, 10:28:10 PM

Quote from: ekoice on October 06, 2016, 10:43:23 AM

Paper money will be still there in the future but it will loose considerable amount of people using it.It is supported by the governments. Even when paper currency value falls down, government would change their policies to make its price stable.

Yes very important to us that paper money coz we use it everyday in our daily living. And paper money can not lost it coz we need that.

Is there going to be a need for a separate machine when the paper money is gone?

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Quote from: Doamader on October 08, 2016, 07:26:22 AM

I do believe that will change something into the next 10-25 years, because we need to moove to renew energy as well start take care the world we do live, soo taking that in consideration i believe printed money will change to digital money.

There is not much room left in all that for paper money. A better question might be what is the future of ATM’s?

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Quote from: Doamader on October 08, 2016, 07:26:22 AM

I do believe that will change something into the next 10-25 years, because we need to moove to renew energy as well start take care the world we do live, soo taking that in consideration i believe printed money will change to digital money.

It could have happened, but we don't get too deep to think about a few things that are not necessarily happen in the future. because sometimes what we think produces things that turn from work, something we think about things that can give you an advantage though. It's better than having to wait for something that is not yet certain, and if we can keep some

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I do believe that will change something into the next 10-25 years, because we need to moove to renew energy as well start take care the world we do live, soo taking that in consideration i believe printed money will change to digital money.

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Quote from: Positid on October 08, 2016, 02:50:10 AM

Quote from: SONG GEET on October 08, 2016, 02:04:36 AM

Quote from: pocarime32 on October 06, 2016, 10:47:12 PM

The paper money will keep being used by people, especially at asian country, because i'm at asian country and people still using paper money and even the digital money era come, paper money will keep exist.

I think its better to say underdeveloped or developing countries rather than only asian countries. Few of the asian countries are already technologically advanced and use electronic payment systems however for sure in this under and developing countries will have majority of population who will be happy to use paper money rather than electronic payment systems in future too.

I agree with you dude, Japan and China are both in Asia but they are both developed countries.

That's fair, at the same you need to think about the true reality behind this. Every people need to be taught something about technology, which is not possible in every country. For this reason most will continue using paper money, though they get into advancement and start using digital currencies.

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Quote from: Positid on October 08, 2016, 02:50:10 AM

Quote from: SONG GEET on October 08, 2016, 02:04:36 AM

Quote from: pocarime32 on October 06, 2016, 10:47:12 PM

The paper money will keep being used by people, especially at asian country, because i'm at asian country and people still using paper money and even the digital money era come, paper money will keep exist.

I think its better to say underdeveloped or developing countries rather than only asian countries. Few of the asian countries are already technologically advanced and use electronic payment systems however for sure in this under and developing countries will have majority of population who will be happy to use paper money rather than electronic payment systems in future too.

I agree with you dude, Japan and China are both in Asia but they are both developed countries.

Japan would qualify as a developed country, but China?
China is a large economy with one of the highest growth rates in the world... and that is because they are transition from a developing to developed economy.

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Quote from: SONG GEET on October 08, 2016, 02:04:36 AM

Quote from: pocarime32 on October 06, 2016, 10:47:12 PM

The paper money will keep being used by people, especially at asian country, because i'm at asian country and people still using paper money and even the digital money era come, paper money will keep exist.

I think its better to say underdeveloped or developing countries rather than only asian countries. Few of the asian countries are already technologically advanced and use electronic payment systems however for sure in this under and developing countries will have majority of population who will be happy to use paper money rather than electronic payment systems in future too.

I agree with you dude, Japan and China are both in Asia but they are both developed countries.

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Quote from: pocarime32 on October 06, 2016, 10:47:12 PM

The paper money will keep being used by people, especially at asian country, because i'm at asian country and people still using paper money and even the digital money era come, paper money will keep exist.

I think its better to say underdeveloped or developing countries rather than only asian countries. Few of the asian countries are already technologically advanced and use electronic payment systems however for sure in this under and developing countries will have majority of population who will be happy to use paper money rather than electronic payment systems in future too.

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Paper money will always be there, though btc may not be there if misuse continues or does not add the value to the world in coming time or something else comes which add more utility then bitcoin and more convenient than it.

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Quote from: kollo99 on October 07, 2016, 04:24:41 PM

to me the future of paper money is still ok and there is nothing wrong to it, as majority of the people of the world still using paper money and it will take still a lot of time that people start using bitcoin for shopping, therefore we can say that still there is nothing wrong to paper money.

Because it is simple to use paper money, people will prefer to use it than bitcoin or any digital currency for their daily lives. Bitcoin is only good for online transactions and we know that not all people are not into online, and maybe majority of the people does not transact online.

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There are many apps that combine all the services, including various credit cards into one app and those are starting to add crypto.

This is the future and on top of all that, the smart phones are now opening the doors at the house, logging people into their PC’s and handling almost all the aspects of life, from scheduling to security

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to me the future of paper money is still ok and there is nothing wrong to it, as majority of the people of the world still using paper money and it will take still a lot of time that people start using bitcoin for shopping, therefore we can say that still there is nothing wrong to paper money.

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Quote from: icecube45 on October 07, 2016, 03:14:54 AM

Although digital currency later widely used and highly advanced, it will not affect the existence of the banknote. Paper money is still the main priority in until whenever transsaksi and can never be replaced or removed. Paper money is a payment instrument that can be used perfectly without the use of the process, so I am sure it will still be used.

The Chinese government or the central bank is doing research on the digital currency, that might replace bank note.

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Although digital currency later widely used and highly advanced, it will not affect the existence of the banknote. Paper money is still the main priority in until whenever transsaksi and can never be replaced or removed. Paper money is a payment instrument that can be used perfectly without the use of the process, so I am sure it will still be used.

bitlancr

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Paper money is really out dated for our time but I don't think it will die out so soon yet and will probably be here for many more years.
Bitcoin doesn't have big enough backers to even remotely damage fiat and take over which I wish it had ofcourse.

Carlsen

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The future of paper money is going to vary in every country.
Probably because of different mentality of the people.
Some countries will sooner change completely to online payments, others will do that later.
But at some point I think the world will be free of paper money. If that takes decades or centuries I can not say.

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Quote from: adi33 on October 07, 2016, 01:34:15 AM

maybe if bitcoin legalization would be a lot of controversy because bitcoin is still widely debated issue of theft. security and others. but I think bitcoin let it grow to become when all the problems bitcoin has been completed. possibly it could think of to release bitcoin

ahah, it certainly would be possible as it is. But I am sure that those who are arguing over it all, when knowing the advantages of the bitcoin actually, I make sure that they will be silent and began to trust the bitcoin. It will then do something better than anyone else

Topic: The future of the paper money - page 188. (Read 416598 times)