It is the question of attitude towards the cybercurrencies, and it has a long, long way to go (which is good for us, accepted btc early, which will give more profit).
Let`s be frank: when my older relatives receive their salaries on their debit cards, they imediately go and convert it to cash. There is still less confidence in plastic than in cash, not speaking about btc in some countries.
Topic: The future of the paper money - page 189. (Read 416566 times)
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.
Actually, only some countries use paper money, such as the USA. The rest of the world uses plastic money. Maybe one day bitcoin will catch on, but that will take a very long time. I think plastic money can be considered as paper money because it is the popular term in the world. I do not hear anyone saying our country is using plastic money.
Even if this "plastic money" was actually made from paper (and I guess some "plastic" cards are made from sort of pressed paper, not real plastic), we still couldn't call it paper money. I think that the main difference between paper money and varieties of digital money lies in the way how transactions are processed. If they are processed in a centralized way by a third party, then we are dealing with digital money. Otherwise, it is paper money (cash)...
In this way, specie should also be considered as paper money of sorts
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
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.
Actually, only some countries use paper money, such as the USA. The rest of the world uses plastic money. Maybe one day bitcoin will catch on, but that will take a very long time. I think plastic money can be considered as paper money because it is the popular term in the world. I do not hear anyone saying our country is using plastic money.
In my point of view, I don't think paper money will completely
disappear any time in the near future.We may even get to the
point where paper money transactions become incredibly rare
for some, they already are! At that point, the tables could turn
and what we now consider paper money may actually act as the
backing to our electronic currency.
disappear any time in the near future.We may even get to the
point where paper money transactions become incredibly rare
for some, they already are! At that point, the tables could turn
and what we now consider paper money may actually act as the
backing to our electronic currency.
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.
Actually, only some countries use paper money, such as the USA. The rest of the world uses plastic money. Maybe one day bitcoin will catch on, but that will take a very long time. 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.
Arrogance is strong in this one. Most Asian countries are still 2nd World, and probably will be behind in catching up to the west in the near future, but having an e-wallet isn't old news
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.
Not only in Asian countries, even in US or in europe more people are still using paper money, and in the future that is still the same or will even increase. Although we are going to the digital world but admit it, not all people can transact online as they do not have interest doing online transaction. 
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.
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. 
If we are talking about USD paper money then it is beginning to show up the problems which was predicted by so many that are studying the economic stance os US. Seems like the only thing that will be left for them is business in arms and nothing more. If there wil be no war then they wont profit and their country will fall. So let us get ready for a new war when the dollar fall.
The future is only of bitcoins and not paper money.
That is maybe true but paper money is going to exist for a while and I also think that it is going to differ from country to country because some country cannot afford that. To make everything about money digital requires much money.
I think paper money will be exist everywhere on the world but the sentence of the quoted person is correct that the future will be of bitcoin not paper money as now people like to start business online on internet and a lot of shopping sites are available on internet and people like to shop online so everything is going to shift to digital means.
It may possibly happen to have a cashless world because of technology upgrades but fiat would not disappear no matter what because a country does need it and would not depend on digital cash itself , government would strictly implement this and would not let this thing to happen anytime soon.
I live in New York, and I cannot see how life would be without paper money. For example, people go in an out an buy something that you grab and hand in the money at a grocery store. Sometimes even while the clerk is taking care of someone else. If we had no paper money we would have to wait until they finish with their customer, then process our pay card, etc. Convenience would go way down when purchasing small items.
The future is only of bitcoins and not paper money.
That is maybe true but paper money is going to exist for a while and I also think that it is going to differ from country to country because some country cannot afford that. To make everything about money digital requires much money.
I think paper money will be exist everywhere on the world but the sentence of the quoted person is correct that the future will be of bitcoin not paper money as now people like to start business online on internet and a lot of shopping sites are available on internet and people like to shop online so everything is going to shift to digital means.
to me the future of bitcoin is still to good and there no thread to paper money, as most of the people of the world are fiat currency and those who are using bitcoin i think they only use it in trading and nothing else.
If most of people use the bitcoin for trading and consider it as an investment asset then the rest of them use bitcoin like the regular money they spend everyday, there are some factors which limit the bitcoin holders so some have places where to spend some not.
to me the future of bitcoin is still to good and there no thread to paper money, as most of the people of the world are fiat currency and those who are using bitcoin i think they only use it in trading and nothing else.
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.
That's right, well the currency in my country is constant which means its value remains the same always but never get changed, but the countries with currencies which drops in price or value sometimes can be reviewed by the government and they might change the policies or things to recover the value again.
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.
Here in my country our currency few days ago are down but its not the case that our paper money are fall because usd are increased according to news outside in this forum.. thats why some things like gasoline are increased price because our source of gasoline is outside in our country. 
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.
The future is only of bitcoins and not paper money.
That is maybe true but paper money is going to exist for a while and I also think that it is going to differ from country to country because some country cannot afford that. To make everything about money digital requires much money.
Two things are coming together to make this happen. The first is the fact that you will be hard pressed to find a person that does not carry an active smart phone these days and add to that the presence of PayPal, Apple, Google and Windows payments systems, the time has come.
Jump to: