The future of the paper money - page 192.

pearnapple

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Quote from: maudevang on September 26, 2016, 08:21:55 AM

Quote from: danherbias07 on May 25, 2016, 09:14:35 AM

Quote from: Zooplus on May 24, 2016, 11:46:08 PM

Maybe in the developed world country there will be less demand of paper money as they will go to full digital, the world is moving toward digital world if you have notice, we have a lot of inventions or developments to make our life fast and easy.

Hmm when you say developed I see Singapore. But I dont know man. Paper money got a lot of history in it. It will be hard for the government to change it specially for the people also.

But the government will have no choice if everybody is using bitcoin then what are they going to do ban the use of bitcoin if it's not regulated by authorities? That would make civil wars the next step lol anyways I don't think bitcoin will get far enough to be a real treat.

well they could just ban it and sentence to prison the people who are using it and people would just avoid it

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Quote from: maudevang on September 26, 2016, 08:21:55 AM

Quote from: danherbias07 on May 25, 2016, 09:14:35 AM

Quote from: Zooplus on May 24, 2016, 11:46:08 PM

Maybe in the developed world country there will be less demand of paper money as they will go to full digital, the world is moving toward digital world if you have notice, we have a lot of inventions or developments to make our life fast and easy.

Hmm when you say developed I see Singapore. But I dont know man. Paper money got a lot of history in it. It will be hard for the government to change it specially for the people also.

But the government will have no choice if everybody is using bitcoin then what are they going to do ban the use of bitcoin if it's not regulated by authorities? That would make civil wars the next step lol anyways I don't think bitcoin will get far enough to be a real treat.

Nope the government have all the authority and the option, the people will have two choice if this government decided to ban bitcoin either follow ot move somewhere else. And i don't think banning bitcoin will result in a civil war. Idea of Bitcoin is not natonalistic enough to fight or die for it.

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Quote from: DuckKeeper on September 20, 2016, 03:05:23 AM

What will the future bring for the papermoney i dont think it would change allot because everyone needs paper money it cant be gone because bitcoin is not everything im sorry to say that over here.

Ofcourse bitcoin is not everything but paper money isn't either. Besides that paper money is so ancient with so many security flaws and it's just all around impractical.
I think paper money will be replaces not that many years from now and possibly by cryptocurrency.

bitlancr

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Paper money is so outdated that ofcourse eventually even that will be replaced by something more digital but if it's going to be bitcoin is the big question.
For bitcoin to get that big we need more users and more shops that go into sea with bitcoin else we wont make it.

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Quote from: Positid on September 26, 2016, 05:29:18 AM

Quote from: universe_ on September 25, 2016, 09:02:48 PM

Quote from: Kotone on September 25, 2016, 04:01:19 AM

The fact here is you bitcoin can't disappear the paper money we are using this since bitcoin is not a part of community we all using paper since we born on earth and we still using it to buy bitcoin it has a bitcoin potenial to grow more our community and economics soon paper money is very important

papermoney is going to go down for sure, i think that the price of the bitcoin is going to grow and dollar will be replaced

LOL!, you are kidding right, that would not happen dude, bitcoin is just an alternative currency without blessing of the law, this is a risky asset but useful, and although it will become popular, it cannot replace bitcoin though.

And if you replaced dollar with bitcoin, which standard will you compare bitcoin. Dollar is gone, then how will you know that bitcoin have a really high price? It is better if they co exist, and then we will not lose btcusd trading, which is good for income.

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Quote from: maudevang on September 26, 2016, 08:21:55 AM

Quote from: danherbias07 on May 25, 2016, 09:14:35 AM

Quote from: Zooplus on May 24, 2016, 11:46:08 PM

Maybe in the developed world country there will be less demand of paper money as they will go to full digital, the world is moving toward digital world if you have notice, we have a lot of inventions or developments to make our life fast and easy.

Hmm when you say developed I see Singapore. But I dont know man. Paper money got a lot of history in it. It will be hard for the government to change it specially for the people also.

But the government will have no choice if everybody is using bitcoin then what are they going to do ban the use of bitcoin if it's not regulated by authorities? That would make civil wars the next step lol anyways I don't think bitcoin will get far enough to be a real treat.

I dont see anything that bitcoin would be threat to us people since it would really give us opportunities and convenience in near future but i could only see threats against government and other firms which are related to economy if bitcoin would be developed and being adopted more in the future then it would be a problem for some. FUture of paper money would be still there since people are using commonly fiat.

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Quote from: maudevang on September 26, 2016, 08:21:55 AM

Quote from: danherbias07 on May 25, 2016, 09:14:35 AM

Quote from: Zooplus on May 24, 2016, 11:46:08 PM

Maybe in the developed world country there will be less demand of paper money as they will go to full digital, the world is moving toward digital world if you have notice, we have a lot of inventions or developments to make our life fast and easy.

Hmm when you say developed I see Singapore. But I dont know man. Paper money got a lot of history in it. It will be hard for the government to change it specially for the people also.

But the government will have no choice if everybody is using bitcoin then what are they going to do ban the use of bitcoin if it's not regulated by authorities? That would make civil wars the next step lol anyways I don't think bitcoin will get far enough to be a real treat.

Banning will be easy for them actually. But it will be fought by big investors not really us. We will lose if we fight because we are lacking in numbers. If those big investors says there will be a big lost for them then the government will have a hard time dealing with it specially if those are their clients too.

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Quote from: danherbias07 on May 25, 2016, 09:14:35 AM

Quote from: Zooplus on May 24, 2016, 11:46:08 PM

Maybe in the developed world country there will be less demand of paper money as they will go to full digital, the world is moving toward digital world if you have notice, we have a lot of inventions or developments to make our life fast and easy.

Hmm when you say developed I see Singapore. But I dont know man. Paper money got a lot of history in it. It will be hard for the government to change it specially for the people also.

But the government will have no choice if everybody is using bitcoin then what are they going to do ban the use of bitcoin if it's not regulated by authorities? That would make civil wars the next step lol anyways I don't think bitcoin will get far enough to be a real treat.

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Quote from: chaser15 on September 26, 2016, 07:15:52 AM

Quote from: universe_ on September 25, 2016, 09:02:48 PM

Quote from: Kotone on September 25, 2016, 04:01:19 AM

The fact here is you bitcoin can't disappear the paper money we are using this since bitcoin is not a part of community we all using paper since we born on earth and we still using it to buy bitcoin it has a bitcoin potenial to grow more our community and economics soon paper money is very important

papermoney is going to go down for sure, i think that the price of the bitcoin is going to grow and dollar will be replaced

Paper money is on the existence since the early years and still getting more power today. You think that kind of strong foundation can be just erase in the world easily just because of bitcoin?

Bitcoin transaction can only be done online. Bitcoin is useless when the world is offline.

Whoever told you that is obviously not very knowledgeable about recent tendencies and developments in the Bitcoin world. While it is certainly not possible to transact on a large scale when "the world is offline", offline transactions (which don't get into the blockchain) are not only possible but are, in fact, a reality by now...

You may want to read about OpenDime devices (google it for more info)

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Quote from: chaser15 on September 26, 2016, 07:15:52 AM

Quote from: universe_ on September 25, 2016, 09:02:48 PM

Quote from: Kotone on September 25, 2016, 04:01:19 AM

The fact here is you bitcoin can't disappear the paper money we are using this since bitcoin is not a part of community we all using paper since we born on earth and we still using it to buy bitcoin it has a bitcoin potenial to grow more our community and economics soon paper money is very important

papermoney is going to go down for sure, i think that the price of the bitcoin is going to grow and dollar will be replaced

Paper money is on the existence since the early years and still getting more power today. You think that kind of strong foundation can be just erase in the world easily just because of bitcoin?

Bitcoin transaction can only be done online. Bitcoin is useless when the world is offline.

well that's right since bitcoin doesn't even have any phyiscal form (regardless to any physical coin that have privkey inside it) bitcoin is indeed can't compete with paper money when it comes to real world,bitcoin still have so many disadvantages in offline mode honestly

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Quote from: universe_ on September 25, 2016, 09:02:48 PM

Quote from: Kotone on September 25, 2016, 04:01:19 AM

The fact here is you bitcoin can't disappear the paper money we are using this since bitcoin is not a part of community we all using paper since we born on earth and we still using it to buy bitcoin it has a bitcoin potenial to grow more our community and economics soon paper money is very important

papermoney is going to go down for sure, i think that the price of the bitcoin is going to grow and dollar will be replaced

Paper money is on the existence since the early years and still getting more power today. You think that kind of strong foundation can be just erase in the world easily just because of bitcoin?

Bitcoin transaction can only be done online. Bitcoin is useless when the world is offline.

BitcoinPC

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Quote from: universe_ on September 25, 2016, 09:02:48 PM

Quote from: Kotone on September 25, 2016, 04:01:19 AM

The fact here is you bitcoin can't disappear the paper money we are using this since bitcoin is not a part of community we all using paper since we born on earth and we still using it to buy bitcoin it has a bitcoin potenial to grow more our community and economics soon paper money is very important

papermoney is going to go down for sure, i think that the price of the bitcoin is going to grow and dollar will be replaced

You must be kidding with us? how can it possible?
Paper money always remain in the world, if bitcoin is here or not, but bitcoin can't destroy the paper money. Also US Dollar is safe sound, if its price down or up but it never and ever be end, because in all over the world USD is used and also people know about it very well, but instead of bitcoin, majority of people don't know about bitcoin.

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Quote from: universe_ on September 25, 2016, 09:02:48 PM

Quote from: Kotone on September 25, 2016, 04:01:19 AM

The fact here is you bitcoin can't disappear the paper money we are using this since bitcoin is not a part of community we all using paper since we born on earth and we still using it to buy bitcoin it has a bitcoin potenial to grow more our community and economics soon paper money is very important

papermoney is going to go down for sure, i think that the price of the bitcoin is going to grow and dollar will be replaced

LOL!, you are kidding right, that would not happen dude, bitcoin is just an alternative currency without blessing of the law, this is a risky asset but useful, and although it will become popular, it cannot replace bitcoin though.

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Quote from: Kotone on September 25, 2016, 04:01:19 AM

The fact here is you bitcoin can't disappear the paper money we are using this since bitcoin is not a part of community we all using paper since we born on earth and we still using it to buy bitcoin it has a bitcoin potenial to grow more our community and economics soon paper money is very important

papermoney is going to go down for sure, i think that the price of the bitcoin is going to grow and dollar will be replaced

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Quote from: betohell on September 25, 2016, 05:52:22 PM

Quote from: wibuindon on September 25, 2016, 05:29:02 AM

I think paper money has so much pride in it and wont be going anywhere else bitcoin will remain just a internet currency and won't replace fiat.

yeah I agree with you, paper money is a symbol for a cash payment method or symbols for their own money, so I think whenever banknotes will never be dissapear

Possibly. They put presidents and heroes faces in there so there is really pride on working to create it. It will be a hard fight if you want to delete that from the mainstream of people. Government controls so why would they want to change something they are proud off. Besides, they got a big ally which is people.

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Quote from: wibuindon on September 25, 2016, 05:29:02 AM

I think paper money has so much pride in it and wont be going anywhere else bitcoin will remain just a internet currency and won't replace fiat.

yeah I agree with you, paper money is a symbol for a cash payment method or symbols for their own money, so I think whenever banknotes will never be dissapear

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Quote from: freedomgo on September 25, 2016, 05:07:50 AM

Quote from: BlackPanda on September 25, 2016, 04:31:07 AM

Quote from: Kotone on September 25, 2016, 04:01:19 AM

The fact here is you bitcoin can't disappear the paper money we are using this since bitcoin is not a part of community we all using paper since we born on earth and we still using it to buy bitcoin it has a bitcoin potenial to grow more our community and economics soon paper money is very important

I agree with you . the power of paper money will still be used by many people in this world. even in some places still do not have a good infrastructure, paper money is spearheading an economy.

We cannot deny the fact that we will not enjoy life without paper money, not all the establishments and businesses will adopt to bitcoin even if it will be come very popular, paper money is the simplest money that everyone can use without any complicity.

true. paper money is still a vital part of the economic system in the world today. there are still many traditional transaction systems that require paper money.

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Quote from: tyz on September 25, 2016, 08:11:31 AM

Quote from: Fatanut on September 25, 2016, 02:32:06 AM

Let's face the fact that our population is just a small percentage in the population of the whole world. There's 800K users in this forum, some even have plenty of alts and there are other Bitcoin users that aren't registered in this forum. Even if we add all of them, it's still not enough to influence the remaining ~6 billion people. The paper money would stay for a long time, it can't be replaced easily by crypto-currency.

I am contrary to your opinion. I think it is not that easy to replace paper money with crypto currency. People are used to paper money. Crypto currency is for most hard to understand and it is even hard to use when you do not have technical skills. Of course, there are many projects which try to simplify the handling but there are still big hurdles which have to be overcome before crypto currency could really replace fiat money easily.

Definitely true, paper money has been in the circulation for many years and people have already embraced paper money and they have the comfort in using it, here comes bitcoin the new digital currency which has a very good future but majority of the people will not adopt on it.

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Quote from: freedomgo on September 25, 2016, 05:07:50 AM

Quote from: BlackPanda on September 25, 2016, 04:31:07 AM

Quote from: Kotone on September 25, 2016, 04:01:19 AM

The fact here is you bitcoin can't disappear the paper money we are using this since bitcoin is not a part of community we all using paper since we born on earth and we still using it to buy bitcoin it has a bitcoin potenial to grow more our community and economics soon paper money is very important

I agree with you . the power of paper money will still be used by many people in this world. even in some places still do not have a good infrastructure, paper money is spearheading an economy.

We cannot deny the fact that we will not enjoy life without paper money, not all the establishments and businesses will adopt to bitcoin even if it will be come very popular, paper money is the simplest money that everyone can use without any complicity.

They are just doing some stories to get the attention of people. Simple as that. If you fight with a currency that is already in history and still going on then there will be a lot of talk about it. Just like here.

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Quote from: Fatanut on September 25, 2016, 02:32:06 AM

Let's face the fact that our population is just a small percentage in the population of the whole world. There's 800K users in this forum, some even have plenty of alts and there are other Bitcoin users that aren't registered in this forum. Even if we add all of them, it's still not enough to influence the remaining ~6 billion people. The paper money would stay for a long time, it can't be replaced easily by crypto-currency.

I am contrary to your opinion. I think it is not that easy to replace paper money with crypto currency. People are used to paper money. Crypto currency is for most hard to understand and it is even hard to use when you do not have technical skills. Of course, there are many projects which try to simplify the handling but there are still big hurdles which have to be overcome before crypto currency could really replace fiat money easily.

Topic: The future of the paper money - page 192. (Read 416566 times)