The future of the paper money - page 202.

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Quote from: blackmachinegun on August 24, 2016, 01:46:08 AM

Quote from: twerdefnce on August 23, 2016, 04:07:20 AM

I think it is easy to know that paper money will be gone in future, as even now, people uses credit cards more than paper money because it is easier to pay for something

yeah even today you can see how many people are using debit cards and credit cards bitcoin. they are currently using it entirely for shopping
and I think if this continues. maybe everyone will do the same thing and paper money will be left behind

Even how many uses debit and credit cards , paper currency still important because those cards are being refilled by paper currency itself. Cards are only serves as a wallet for me which gives convenience to anyone because you wouldnt need to bring bulks of bundled money in any transaction you made but think on what do you use on refilling those cards and its still paper currency.

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Quote from: twerdefnce on August 23, 2016, 04:07:20 AM

I think it is easy to know that paper money will be gone in future, as even now, people uses credit cards more than paper money because it is easier to pay for something

yeah even today you can see how many people are using debit cards and credit cards bitcoin. they are currently using it entirely for shopping
and I think if this continues. maybe everyone will do the same thing and paper money will be left behind

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Quote from: ajun96 on August 23, 2016, 05:56:10 PM

Quote from: ZlaiaZaia on August 23, 2016, 05:37:27 PM

Digital currency will never replace paper money. There are such trade, where it is simply not do without them. Undoubtedly cryptocurrency for the future, but the real money is no substitute.

yeah I agree with you. real money could never be replaced. I think the real form of money must always be retained for our children and grandchildren later. I think if the money in the future is digital overall. can you think if all the data was lost? then we will be back in the stone age?

Look what not to calm the world today. The political situation between the two countries running high to the limit. The possibility of war or not is not for me to judge, but precautions need to be. And if everything is in digital format and the money and information, we really go back to the Stone Age if you apply a new weapon in the likeness of virus or something similar.

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Quote from: ZlaiaZaia on August 23, 2016, 05:37:27 PM

Digital currency will never replace paper money. There are such trade, where it is simply not do without them. Undoubtedly cryptocurrency for the future, but the real money is no substitute.

yeah I agree with you. real money could never be replaced. I think the real form of money must always be retained for our children and grandchildren later. I think if the money in the future is digital overall. can you think if all the data was lost? then we will be back in the stone age?

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Digital currency will never replace paper money. There are such trade, where it is simply not do without them. Undoubtedly cryptocurrency for the future, but the real money is no substitute.

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Today I bought some chips with 2 quarters, quickly getting out of the store to catch the bus. I love Bitcoin, but it's not going to replace being able to quickly hand in two quarters and then back out. Small purchases like those. I mean if I payed with Bitcoin, or even a debit card, which isn't accepted at the grocery store would have been much more inconvenient.

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Quote from: purebitco on August 22, 2016, 07:17:01 PM

Quote from: coszy on August 21, 2016, 01:44:59 PM

Quote from: Drago2016 on August 21, 2016, 12:37:29 PM

Quote from: fkvidar on August 21, 2016, 12:26:46 PM

Quote from: @prashant on August 21, 2016, 12:22:36 PM

Quote from: 23dzmaz on August 21, 2016, 08:50:29 AM

I'm sure we will use digital money in the future and i think paper money will keep exist and used by people but not many and digital money like bitcoin, paypal and credit card will used.

Yea you are that paper money will remain as not all will indulge in digital currency.digital currency has started to his impact and will be used widely after few years.

World will go digital in future but there will be certain proportion of people who will prefer to use paper money, as they might not feel to complicate their spending by getting into bitcoins.

And in the very popular paper money. This is something the old and respectable looks. Electrical Wheels And more money to the house over the Internet from the computer something to buy.

Paper money, too, have their value despite the fact that they are paper. For each piece of paper has a gold reserve of the country waltzes, whose it is.

thats bullshit, dollar is not covered by gold as federal reserve prints as much of it as possible, thats why i dont like it that much

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Strictly speaking we can still take the gold reserves of a country and divide that number by, say, its monetary aggregates M0-M1. In this way, we get how much "gold" is there in every monetary unit of this particular country in circulation. Thereby, we can grade currencies using this yardstick and choose the best one (I guess it will be the Swiss franc)

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Quote from: chaser15 on August 22, 2016, 01:54:58 PM

Quote from: goinmerry on August 22, 2016, 12:17:04 PM

Quote from: freedomgo on August 21, 2016, 08:02:12 AM

Quote from: mmmtr on August 21, 2016, 06:46:11 AM

I cant see any future for paper money . Paper money era will be dead .Long live Bitcoin

Not that fast bro, you have too much confidence on bitcoin that you will beat what the government are implementing, paper money will not be lost in the circulation and that is for sure because we do have our brothers and sisters who does not know how to operate online transactions using bitcoin.

Sure it is not that fast. But in more years to come children will grow and they will be the one who will be in to bitcoin. We dont forget about the old ones. I am just saying that it is circulating and we know how technology grows and even children can manage to use a computer nowadays.

No it's not the real scenario. Just because we are in bitcoin we can easily expect big change to the point that all people will be used bitcoin. Even for decades to come it won't happen. Actually we have a great technology today but why others countries can still adopt it?? Because there are lots of things to be consider.

Same goes for adopting bitcoin so. Our children can adopt this knowledge but what about those people that suffers those I stated above?

Paper money is already starting to become obsolete. It is being replaced by card. It is still fiat but only it is in credit cards or atm cards. So the paper money will have no more place in the future. But it will be a battle between cryptocurrency and cashless fiat. I am not saying bitcoin because it can be bitcoin or any alt-coin that will be prominent that day.

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Quote from: Doms on August 23, 2016, 03:06:48 AM

Whether we like it or not, paper money is still a big part of our lives. That may not be the case 50 or 100 years from now, since technology can really make a lot of changes to our world in that span of time. Though I may not be able to live that long to witness a world without paper money where everything will be paid digitally, I am preparing myself for what's to come. Whether it is bitcoin or something else that sends paper money into historical museums is something that the future generations will find out.

goverment printing money everyday and no limited supply in paper money, that's why for me paper money must be burning, paper money not have 'real value' , i prefered gold system than paper money. it's more 'real sense' than use paper money.

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I think it is easy to know that paper money will be gone in future, as even now, people uses credit cards more than paper money because it is easier to pay for something

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Quote from: WEBcreator on August 23, 2016, 02:28:55 AM

Quote from: zimmah on August 22, 2016, 07:01:17 PM

paper money has no future.

not a very long one anyway.

if bitcoin doesn't replace it, something else will.

even credit card/ debt cards would replace it if nothing else.

Bitcoin is set to replace future of the paper money in atleast 10 or 20 more years so I dont really see anything to reppace bitcoin. If bitcoin couldnt even replace paper money then nothing else will. Bitcoin is by far the most succesive digital thing that is ever created, its whole system is different than anything else that exist

Bitcoin will be more successful as digital currency as in the internet we have equal rights and we have the liberty to use whatever we want with our bitcoins but if this will be use by the people and there will a paper money of bitcoin it will be subject to law and the government would not allow any of that.

Doms

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Whether we like it or not, paper money is still a big part of our lives. That may not be the case 50 or 100 years from now, since technology can really make a lot of changes to our world in that span of time. Though I may not be able to live that long to witness a world without paper money where everything will be paid digitally, I am preparing myself for what's to come. Whether it is bitcoin or something else that sends paper money into historical museums is something that the future generations will find out.

WEBcreator

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Quote from: zimmah on August 22, 2016, 07:01:17 PM

paper money has no future.

not a very long one anyway.

if bitcoin doesn't replace it, something else will.

even credit card/ debt cards would replace it if nothing else.

Bitcoin is set to replace future of the paper money in atleast 10 or 20 more years so I dont really see anything to reppace bitcoin. If bitcoin couldnt even replace paper money then nothing else will. Bitcoin is by far the most succesive digital thing that is ever created, its whole system is different than anything else that exist

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Quote from: coszy on August 21, 2016, 01:44:59 PM

Quote from: Drago2016 on August 21, 2016, 12:37:29 PM

Quote from: fkvidar on August 21, 2016, 12:26:46 PM

Quote from: @prashant on August 21, 2016, 12:22:36 PM

Quote from: 23dzmaz on August 21, 2016, 08:50:29 AM

I'm sure we will use digital money in the future and i think paper money will keep exist and used by people but not many and digital money like bitcoin, paypal and credit card will used.

Yea you are that paper money will remain as not all will indulge in digital currency.digital currency has started to his impact and will be used widely after few years.

World will go digital in future but there will be certain proportion of people who will prefer to use paper money, as they might not feel to complicate their spending by getting into bitcoins.

And in the very popular paper money. This is something the old and respectable looks. Electrical Wheels And more money to the house over the Internet from the computer something to buy.

Paper money, too, have their value despite the fact that they are paper. For each piece of paper has a gold reserve of the country waltzes, whose it is.

thats bullshit, dollar is not covered by gold as federal reserve prints as much of it as possible, thats why i dont like it that much

zimmah

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paper money has no future.

not a very long one anyway.

if bitcoin doesn't replace it, something else will.

even credit card/ debt cards would replace it if nothing else.

Superways

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Quote from: fkvidar on August 21, 2016, 12:26:46 PM

Quote from: @prashant on August 21, 2016, 12:22:36 PM

Quote from: 23dzmaz on August 21, 2016, 08:50:29 AM

I'm sure we will use digital money in the future and i think paper money will keep exist and used by people but not many and digital money like bitcoin, paypal and credit card will used.

Yea you are that paper money will remain as not all will indulge in digital currency.digital currency has started to his impact and will be used widely after few years.

World will go digital in future but there will be certain proportion of people who will prefer to use paper money, as they might not feel to complicate their spending by getting into bitcoins.

Do you think that it is complicated to spend with bitcoin? no, It is wrong , spending with bitcoin is more convenient and it is more interesting then then spending with any other currency. You should have to involve in bitcoin shops you will find feel its convenience and will love it.

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Quote from: DimidoffVany on August 22, 2016, 03:28:55 PM

Quote from: chaser15 on August 22, 2016, 01:54:58 PM

Quote from: goinmerry on August 22, 2016, 12:17:04 PM

Quote from: freedomgo on August 21, 2016, 08:02:12 AM

Quote from: mmmtr on August 21, 2016, 06:46:11 AM

I cant see any future for paper money . Paper money era will be dead .Long live Bitcoin

Not that fast bro, you have too much confidence on bitcoin that you will beat what the government are implementing, paper money will not be lost in the circulation and that is for sure because we do have our brothers and sisters who does not know how to operate online transactions using bitcoin.

Sure it is not that fast. But in more years to come children will grow and they will be the one who will be in to bitcoin. We dont forget about the old ones. I am just saying that it is circulating and we know how technology grows and even children can manage to use a computer nowadays.

No it's not the real scenario. Just because we are in bitcoin we can easily expect big change to the point that all people will be used bitcoin. Even for decades to come it won't happen. Actually we have a great technology today but why others countries can still adopt it?? Because there are lots of things to be consider.

Same goes for adopting bitcoin so. Our children can adopt this knowledge but what about those people that suffers those I stated above?

Paper money will be there as there will be financial relations between individuals and legal entities. Only they can conduct banking transactions on a small level. Cash will always be there.

You must be living in some really backward country. Personally, I've been paying taxes and fees using Internet banking for a few years already. Wtf, they now send tax payment notices by e-mail, but you can always opt for a postal delivery, of course (I chose the former, obviously)...

If you (well, me) are levied a fine (for whatever reason), you (okay, me again) can pay it electronically as well

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Quote from: chaser15 on August 22, 2016, 01:54:58 PM

Quote from: goinmerry on August 22, 2016, 12:17:04 PM

Quote from: freedomgo on August 21, 2016, 08:02:12 AM

Quote from: mmmtr on August 21, 2016, 06:46:11 AM

I cant see any future for paper money . Paper money era will be dead .Long live Bitcoin

Not that fast bro, you have too much confidence on bitcoin that you will beat what the government are implementing, paper money will not be lost in the circulation and that is for sure because we do have our brothers and sisters who does not know how to operate online transactions using bitcoin.

Sure it is not that fast. But in more years to come children will grow and they will be the one who will be in to bitcoin. We dont forget about the old ones. I am just saying that it is circulating and we know how technology grows and even children can manage to use a computer nowadays.

No it's not the real scenario. Just because we are in bitcoin we can easily expect big change to the point that all people will be used bitcoin. Even for decades to come it won't happen. Actually we have a great technology today but why others countries can still adopt it?? Because there are lots of things to be consider.

Same goes for adopting bitcoin so. Our children can adopt this knowledge but what about those people that suffers those I stated above?

Paper money will be there as there will be financial relations between individuals and legal entities. Only they can conduct banking transactions on a small level. Cash will always be there.

chaser15

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Quote from: goinmerry on August 22, 2016, 12:17:04 PM

Quote from: freedomgo on August 21, 2016, 08:02:12 AM

Quote from: mmmtr on August 21, 2016, 06:46:11 AM

I cant see any future for paper money . Paper money era will be dead .Long live Bitcoin

Not that fast bro, you have too much confidence on bitcoin that you will beat what the government are implementing, paper money will not be lost in the circulation and that is for sure because we do have our brothers and sisters who does not know how to operate online transactions using bitcoin.

Sure it is not that fast. But in more years to come children will grow and they will be the one who will be in to bitcoin. We dont forget about the old ones. I am just saying that it is circulating and we know how technology grows and even children can manage to use a computer nowadays.

No it's not the real scenario. Just because we are in bitcoin we can easily expect big change to the point that all people will be used bitcoin. Even for decades to come it won't happen. Actually we have a great technology today but why others countries can still adopt it?? Because there are lots of things to be consider.

Same goes for adopting bitcoin so. Our children can adopt this knowledge but what about those people that suffers those I stated above?

Topic: The future of the paper money - page 202. (Read 416566 times)