The future of the paper money - page 197.

Mr.grin

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Quote from: peta4e on September 13, 2016, 12:34:24 PM

Quote from: xIIImaL on September 08, 2016, 01:09:40 PM

Quote from: Supercrypt on September 08, 2016, 12:47:30 PM

Quote from: dragunfly on September 08, 2016, 12:33:39 PM

Quote from: BingoDog on September 08, 2016, 09:37:12 AM

Do you think that Bitcoin has the chance to also become paper money one day? Or will it just stay digital currency forever?

bitcoin will definitely not become like paper money, it is definitely a way better technology in my opinion and it is going to be way bigger

You mean to say paper money is not a better application/technology to have?
I believe bitcoin will reach the level of what paper money has achieved with financial system and also it will influence online payment system. Paper money already in struggle for it's survival. Bitcoin will boost the extinction of paper money.

Dude He mean to say that bitcoin is superior than paper money So I would agree with him and even I am believing that bitcoin is having that much potential then in future bitcoin is the first costliest stock in some years.

Bitcoin is definitely better then paper money but its hard to believe that it can ever replace paper money or make it disappear as fiat is widely used and accepted and it also holds maximum number of satisfied users.

even though we know or acknowledge that bitcoin is better than paper money, but for the community at large, I think they prefer to use paper money of the bitcoin in the real world. because the use of paper money is still said to be very easy without the use bitcoin, but in the future, I think bitcoin and banknotes have the same position in the eyes of the people

peta4e

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Quote from: xIIImaL on September 08, 2016, 01:09:40 PM

Quote from: Supercrypt on September 08, 2016, 12:47:30 PM

Quote from: dragunfly on September 08, 2016, 12:33:39 PM

Quote from: BingoDog on September 08, 2016, 09:37:12 AM

Do you think that Bitcoin has the chance to also become paper money one day? Or will it just stay digital currency forever?

bitcoin will definitely not become like paper money, it is definitely a way better technology in my opinion and it is going to be way bigger

You mean to say paper money is not a better application/technology to have?
I believe bitcoin will reach the level of what paper money has achieved with financial system and also it will influence online payment system. Paper money already in struggle for it's survival. Bitcoin will boost the extinction of paper money.

Dude He mean to say that bitcoin is superior than paper money So I would agree with him and even I am believing that bitcoin is having that much potential then in future bitcoin is the first costliest stock in some years.

Bitcoin is definitely better then paper money but its hard to believe that it can ever replace paper money or make it disappear as fiat is widely used and accepted and it also holds maximum number of satisfied users.

Pasutinmeur

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Quote from: xIIImaL on September 08, 2016, 01:09:40 PM

Quote from: Supercrypt on September 08, 2016, 12:47:30 PM

Quote from: dragunfly on September 08, 2016, 12:33:39 PM

Quote from: BingoDog on September 08, 2016, 09:37:12 AM

Do you think that Bitcoin has the chance to also become paper money one day? Or will it just stay digital currency forever?

bitcoin will definitely not become like paper money, it is definitely a way better technology in my opinion and it is going to be way bigger

You mean to say paper money is not a better application/technology to have?
I believe bitcoin will reach the level of what paper money has achieved with financial system and also it will influence online payment system. Paper money already in struggle for it's survival. Bitcoin will boost the extinction of paper money.

Dude He mean to say that bitcoin is superior than paper money So I would agree with him and even I am believing that bitcoin is having that much potential then in future bitcoin is the first costliest stock in some years.

I agree with that. The digital money will replace the paper money in the future. The Chinese government is going to issue digital money soon.

xIIImaL

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Quote from: Supercrypt on September 08, 2016, 12:47:30 PM

Quote from: dragunfly on September 08, 2016, 12:33:39 PM

Quote from: BingoDog on September 08, 2016, 09:37:12 AM

Do you think that Bitcoin has the chance to also become paper money one day? Or will it just stay digital currency forever?

bitcoin will definitely not become like paper money, it is definitely a way better technology in my opinion and it is going to be way bigger

You mean to say paper money is not a better application/technology to have?
I believe bitcoin will reach the level of what paper money has achieved with financial system and also it will influence online payment system. Paper money already in struggle for it's survival. Bitcoin will boost the extinction of paper money.

Dude He mean to say that bitcoin is superior than paper money So I would agree with him and even I am believing that bitcoin is having that much potential then in future bitcoin is the first costliest stock in some years.

Supercrypt

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Quote from: dragunfly on September 08, 2016, 12:33:39 PM

Quote from: BingoDog on September 08, 2016, 09:37:12 AM

Do you think that Bitcoin has the chance to also become paper money one day? Or will it just stay digital currency forever?

bitcoin will definitely not become like paper money, it is definitely a way better technology in my opinion and it is going to be way bigger

You mean to say paper money is not a better application/technology to have?
I believe bitcoin will reach the level of what paper money has achieved with financial system and also it will influence online payment system. Paper money already in struggle for it's survival. Bitcoin will boost the extinction of paper money.

dragunfly

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Quote from: BingoDog on September 08, 2016, 09:37:12 AM

Do you think that Bitcoin has the chance to also become paper money one day? Or will it just stay digital currency forever?

bitcoin will definitely not become like paper money, it is definitely a way better technology in my opinion and it is going to be way bigger

saiha

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Quote from: BingoDog on September 08, 2016, 09:37:12 AM

Do you think that Bitcoin has the chance to also become paper money one day? Or will it just stay digital currency forever?

It will just going to stay forever as digital currency. Because if this is going to be fiat then what is the essence of having a local currency.

The government is going to prefer more to use their own local currency, rather than adopting a new fiat with unstable price.

So it is going to remain digital currency forever.

BingoDog

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Do you think that Bitcoin has the chance to also become paper money one day? Or will it just stay digital currency forever?

Capradina

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Quote from: Zooplus on September 08, 2016, 09:27:29 AM

Quote from: Shibashi Dogemoto on September 08, 2016, 07:42:08 AM

Quote from: dunfida on September 08, 2016, 07:23:52 AM

Quote from: 20kevin20 on September 08, 2016, 04:09:54 AM

There's no future for the paper cash. It's going to be a cashless society pretty soon, if not the next year. I hope this will at least ease our lives.

Nope, i disagree with you even how technology is developed in the future and even how bitcoin would be a huge success in the future. FIat would be still there and no one could possibly replace it since its well established already even how you say there would be cashless but still you need money on daily basis.

Yeah and even in future there will be many places where only fiat can take care, no doubt bitcoin will become bigger in future but it don't have that high tendency to replace fiat.

The only thing I am certain is that bitcoin will be more popular as a digital online currency but it can never replace the popularity of paper money. Paper money will remain in the circulation as all people in the earth are comfortable of using paper money even if you are rich or poor.

Yup, I also think that bitcoin is going to be the King or ruler of the digital currencies. Because the bitcoin has an outstanding system and is also an excellent foundation for the future. I don't think that bitcoin is going to be a very big thing, because I just want to get an advantage and also the change of life when using bitcoin

Zooplus

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Quote from: Shibashi Dogemoto on September 08, 2016, 07:42:08 AM

Quote from: dunfida on September 08, 2016, 07:23:52 AM

Quote from: 20kevin20 on September 08, 2016, 04:09:54 AM

There's no future for the paper cash. It's going to be a cashless society pretty soon, if not the next year. I hope this will at least ease our lives.

Nope, i disagree with you even how technology is developed in the future and even how bitcoin would be a huge success in the future. FIat would be still there and no one could possibly replace it since its well established already even how you say there would be cashless but still you need money on daily basis.

Yeah and even in future there will be many places where only fiat can take care, no doubt bitcoin will become bigger in future but it don't have that high tendency to replace fiat.

The only thing I am certain is that bitcoin will be more popular as a digital online currency but it can never replace the popularity of paper money. Paper money will remain in the circulation as all people in the earth are comfortable of using paper money even if you are rich or poor.

Shibashi Dogemoto

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Quote from: dunfida on September 08, 2016, 07:23:52 AM

Quote from: 20kevin20 on September 08, 2016, 04:09:54 AM

There's no future for the paper cash. It's going to be a cashless society pretty soon, if not the next year. I hope this will at least ease our lives.

Nope, i disagree with you even how technology is developed in the future and even how bitcoin would be a huge success in the future. FIat would be still there and no one could possibly replace it since its well established already even how you say there would be cashless but still you need money on daily basis.

Yeah and even in future there will be many places where only fiat can take care, no doubt bitcoin will become bigger in future but it don't have that high tendency to replace fiat.

dunfida

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Quote from: 20kevin20 on September 08, 2016, 04:09:54 AM

There's no future for the paper cash. It's going to be a cashless society pretty soon, if not the next year. I hope this will at least ease our lives.

Nope, i disagree with you even how technology is developed in the future and even how bitcoin would be a huge success in the future. FIat would be still there and no one could possibly replace it since its well established already even how you say there would be cashless but still you need money on daily basis.

20kevin20

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There's no future for the paper cash. It's going to be a cashless society pretty soon, if not the next year. I hope this will at least ease our lives.

newcoins1978

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Paper money is going to keep existing for another couple of years because I think that we are not ready for everything to be digital at the moment.
We have to take it slow and not rush things because then things will go wrong.

Altcoinmoney

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The future of the bitcoin is not so good right now but we will see what is gonna happen with it these days due to fact everything is gonna be more digital.
I even think that in the future the paper money will be used not often anymore..

groll

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Quote from: adibe on September 08, 2016, 03:47:37 AM

The future of the paper money is not good, because every year our life become more digital and someday paper money will change into digital money, but i'm sure paper money still used even the digital money era is begin.

Given that every year our life becomes more digital and technical paper money would not be that easily abolish or be replaced by digital money. Yeah, many digital currency are now circulating and it actually gives us real outcome just like paper money. Countries around the world are not all into this digital and technical change. Some places still do not have electricity and poverty is so much. Maybe some of them still have not seen a computer.

It could be replaced by digital currency maybe a 100 years from now.

adibe

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The future of the paper money is not good, because every year our life become more digital and someday paper money will change into digital money, but i'm sure paper money still used even the digital money era is begin.

chaser15

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Quote from: Yakamoto on September 08, 2016, 12:47:44 AM

There are definitely some people who believe far too much that Bitcoin will become the main currency for everything, and simply put the chances or it happening are very minute and incredibly unlikely, and I do think there needs to be a dose of reality every here and there.

The internet collapsing is unlikely, however possible, but then it would be all goods related. Those who have something will trade their thing for what they want or need for something that someone else wants/needs.

Yes so much believe in bitcoin to the point that they think it will become more dominant than the paper money.

Paper money doesn't even reached the 100% of physical transactions worldwide so how much less in bitcoin where it can only run with internet connection.

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Quote from: Yakamoto on September 08, 2016, 12:47:44 AM

Quote from: Reid on September 02, 2016, 08:53:17 PM

Okay I read too much are really believing that it is bitcoin that will be the main money.
Think again. I think we are better than that.
Bitcoin relies with the internet. Paper money dont. It is still the easy way to transact specially with retail stores and with buying food in vendors outside of our houses or in the streets.
Look, what will happen if suddenly internet collapse? Then you will go back to paper money? Or you will do the old time trading with clothes for food or some gold for food? It will get harder to trade again without it.

There are definitely some people who believe far too much that Bitcoin will become the main currency for everything, and simply put the chances or it happening are very minute and incredibly unlikely, and I do think there needs to be a dose of reality every here and there.

The internet collapsing is unlikely, however possible, but then it would be all goods related. Those who have something will trade their thing for what they want or need for something that someone else wants/needs.

Bitcoin will always be the digital currency that will dominate in the online world but people has the liberty of choosing what makes them comfortable in transacting business, and I believe majority of the people will choose paper money due to its security and simplicity.

Yakamoto

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Quote from: Reid on September 02, 2016, 08:53:17 PM

Okay I read too much are really believing that it is bitcoin that will be the main money.
Think again. I think we are better than that.
Bitcoin relies with the internet. Paper money dont. It is still the easy way to transact specially with retail stores and with buying food in vendors outside of our houses or in the streets.
Look, what will happen if suddenly internet collapse? Then you will go back to paper money? Or you will do the old time trading with clothes for food or some gold for food? It will get harder to trade again without it.

There are definitely some people who believe far too much that Bitcoin will become the main currency for everything, and simply put the chances or it happening are very minute and incredibly unlikely, and I do think there needs to be a dose of reality every here and there.

The internet collapsing is unlikely, however possible, but then it would be all goods related. Those who have something will trade their thing for what they want or need for something that someone else wants/needs.

Topic: The future of the paper money - page 197. (Read 416566 times)