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Topic: The future of the paper money - page 199. (Read 416598 times)

legendary
Activity: 3108
Merit: 1290
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September 02, 2016, 01:31:23 AM
I think paper money will still used in the future, especially on country that the technology still not updated. Like some poor country, they will need paper money than digital money..
Definitely, in the Philippines in our country we are still a developing country so I think all people will go on full digital. Although the internet is already widely used but there are some people would not easily understand on how to use bitcoin and anything online transaction.
sr. member
Activity: 406
Merit: 250
September 01, 2016, 08:57:37 PM
I think paper money will still used in the future, especially on country that the technology still not updated. Like some poor country, they will need paper money than digital money..
sr. member
Activity: 256
Merit: 250
September 01, 2016, 08:44:13 PM
In the next few years the paper money will still be here, but in the next decades, I think paper money has no future. One of the main reasons is that most people will start using bitcoins and other cryptocurrencies, not controlled by any central authority.
hero member
Activity: 672
Merit: 500
August 29, 2016, 02:28:11 PM
Paper money won't be banned. How else are we going to buy our bitcoins and what pair are we gonna gamble on when we are trading?

No one is even saying that paper money is going to be banned but more like it will be forgotten because it is not practical at all. Why would you need to count your own paper money to pay for something if you can just flash your e-wallet or something like that in a cashier and automatically pay your bill

I guess you don't know what you're talking about...


to me in resent time or in near future the importance of paper money cannot be ignore. the whole world is moving on paper money, our banks our jobs or duty our traveling our bills our food and living all depend on paper money, although crypto currency is introducing in the world and the new generation have trend toward crypto currency but still they are also depending on paper money at all. therefore i can say that still paper money is playing an important role in our live and we cannot quit it so early.
We can not change that thing people are already been use those fiat or paper money because there is some part of country that you can not use it because they dont have internet..

Internet will reach to those countries also but still there will be the existence of paper money as it is the sign of different nations and they do not want to lose it but still the use of digital money will be higher and the use of paper money will be more lower.
full member
Activity: 137
Merit: 100
★Nitrogensports.eu★
August 29, 2016, 02:16:23 PM
paper money has no future i think in the future it will be replaced by bitcoins
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
August 29, 2016, 02:06:04 PM
Paper money won't be banned. How else are we going to buy our bitcoins and what pair are we gonna gamble on when we are trading?

No one is even saying that paper money is going to be banned but more like it will be forgotten because it is not practical at all. Why would you need to count your own paper money to pay for something if you can just flash your e-wallet or something like that in a cashier and automatically pay your bill

I guess you don't know what you're talking about...


to me in resent time or in near future the importance of paper money cannot be ignore. the whole world is moving on paper money, our banks our jobs or duty our traveling our bills our food and living all depend on paper money, although crypto currency is introducing in the world and the new generation have trend toward crypto currency but still they are also depending on paper money at all. therefore i can say that still paper money is playing an important role in our live and we cannot quit it so early.
We can not change that thing people are already been use those fiat or paper money because there is some part of country that you can not use it because they dont have internet..
sr. member
Activity: 252
Merit: 250
August 29, 2016, 02:01:26 PM
Paper money won't be banned. How else are we going to buy our bitcoins and what pair are we gonna gamble on when we are trading?

No one is even saying that paper money is going to be banned but more like it will be forgotten because it is not practical at all. Why would you need to count your own paper money to pay for something if you can just flash your e-wallet or something like that in a cashier and automatically pay your bill

I guess you don't know what you're talking about...


to me in resent time or in near future the importance of paper money cannot be ignore. the whole world is moving on paper money, our banks our jobs or duty our traveling our bills our food and living all depend on paper money, although crypto currency is introducing in the world and the new generation have trend toward crypto currency but still they are also depending on paper money at all. therefore i can say that still paper money is playing an important role in our live and we cannot quit it so early.
legendary
Activity: 3514
Merit: 1280
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August 29, 2016, 11:26:08 AM
Paper money won't be banned. How else are we going to buy our bitcoins and what pair are we gonna gamble on when we are trading?

No one is even saying that paper money is going to be banned but more like it will be forgotten because it is not practical at all. Why would you need to count your own paper money to pay for something if you can just flash your e-wallet or something like that in a cashier and automatically pay your bill

I guess you don't know what you're talking about...

hero member
Activity: 1414
Merit: 574
August 29, 2016, 11:03:37 AM
Paper money won't be banned. How else are we going to buy our bitcoins and what pair are we gonna gamble on when we are trading?

No one is even saying that paper money is going to be banned but more like it will be forgotten because it is not practical at all. Why would you need to count your own paper money to pay for something if you can just flash your e-wallet or something like that in a cashier and automatically pay your bill
sr. member
Activity: 288
Merit: 250
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August 29, 2016, 10:25:02 AM
For the big country like Japan and USA, i think paper money will dead and digital money will take it. But for developed country, i think paper money will be used permanently.


I think you mean undeveloped countries which can't afford to set up the digital money system. For all other countries which can afford setting it up, digital money will be their only option.
i guess you are right and it is really good to be honest, it is really good in my opinion because the financial system we have is really falling
hero member
Activity: 504
Merit: 500
August 28, 2016, 09:01:19 PM
Paper money will never die. If that would happen, nothing would work or have value.
how with the times that will be more advanced virtual currency which will continue to evolve and digital currency will also be developed. This certainly would be a threat to the paper money
sr. member
Activity: 350
Merit: 250
August 28, 2016, 08:23:54 PM
Paper money won't be banned. How else are we going to buy our bitcoins and what pair are we gonna gamble on when we are trading?
legendary
Activity: 1526
Merit: 1001
August 28, 2016, 07:16:54 PM
For the big country like Japan and USA, i think paper money will dead and digital money will take it. But for developed country, i think paper money will be used permanently.


I think you mean undeveloped countries which can't afford to set up the digital money system. For all other countries which can afford setting it up, digital money will be their only option.

If the future will be digital, all countries will have acess, being some country developed sponsor the other, with some kind of interest. I do believe someday the internet will be free for all, soo the equipment to acess will be the things that will cost money just.

so true. The most important is access to bitcoin. with a strong Internet presence will make bitcoin more widely used. paper money will be left behind. but certainly there are still some areas that can not get rid of paper money.
hero member
Activity: 756
Merit: 501
August 28, 2016, 06:41:35 PM
For the big country like Japan and USA, i think paper money will dead and digital money will take it. But for developed country, i think paper money will be used permanently.


I think you mean undeveloped countries which can't afford to set up the digital money system. For all other countries which can afford setting it up, digital money will be their only option.

If the future will be digital, all countries will have acess, being some country developed sponsor the other, with some kind of interest. I do believe someday the internet will be free for all, soo the equipment to acess will be the things that will cost money just.
full member
Activity: 201
Merit: 100
August 28, 2016, 06:20:47 PM
Paper money will never die. If that would happen, nothing would work or have value.
I agree with you because there always will be something for what we need paper money
newbie
Activity: 28
Merit: 0
August 28, 2016, 05:50:23 PM
Paper money will never die. If that would happen, nothing would work or have value.
sr. member
Activity: 278
Merit: 250
August 28, 2016, 11:57:03 AM
For the big country like Japan and USA, i think paper money will dead and digital money will take it. But for developed country, i think paper money will be used permanently.


I think you mean undeveloped countries which can't afford to set up the digital money system. For all other countries which can afford setting it up, digital money will be their only option.

I agree with him, in more advanced countries we are seeing that people are already using Credit cards for their payment, and are preferring digital system over paper money, so when bitcoin will establish they will all go to bitcoin.
The real currency in digital form is not the same with bitcoin. As the saying goes through money like. So tell me how much it would cost to buy a box of matches if his bitcoin?
hero member
Activity: 644
Merit: 500
August 28, 2016, 10:11:26 AM
For the big country like Japan and USA, i think paper money will dead and digital money will take it. But for developed country, i think paper money will be used permanently.


I think you mean undeveloped countries which can't afford to set up the digital money system. For all other countries which can afford setting it up, digital money will be their only option.

I agree with him, in more advanced countries we are seeing that people are already using Credit cards for their payment, and are preferring digital system over paper money, so when bitcoin will establish they will all go to bitcoin.
hero member
Activity: 1568
Merit: 502
August 28, 2016, 10:02:48 AM
I think paper money will be need to trade in local market. As already very few percentage of cryptocurrency user are globally.
So increasing users cannot reach to 100% so for better and convenient way of exchange there is need of Fiat currency.
hero member
Activity: 910
Merit: 1000
August 28, 2016, 10:00:46 AM
Paper money will always be a thing, but in the future, everything will go digital.
yeah even if paper money is now the most important thing to pay seusatu stuff but I'm sure in the future. everything will be all-digital. including on the currency? paper money will be replaced by digital
Cannot happen easily mate, we have our people who cannot adopt with digital currency, what do want to with those people who wants to transact but has not capability as hey do not know how to use computer or operate it, paper money will stay in the future and that is to be being realistic.

Yeah paper money will disappear as it has more number of users in compare to bitcoin and there are many people who have not even heard about bitcoins.
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