Topic: The future of the paper money - page 224. (Read 416598 times)

Quote from: MFahad on June 25, 2016, 08:51:07 AM

Like many people already said is that the paper money future is not so good because it has the digital word against.
Everything these days will get digital the world is really changing.

I think you should already consider other countries that cannot adopt with digital world. And even it is widely use in developed countries but still there are other people who prefer paper money and those are people not doing online transactions.

Yeah I agree. Some country does not have a digital or Hi-tech community to adopt digital money, and the people also who loved the paper money, because it is easy to use if you want to buy something. All you have to do is to give it to the cashier and wait for your change. The paper money will not banish and it will stay forever. Cheesy

Fiat and bitcoin have it's own pros and cons.

Fiat dominates physical transactions as it was way more better than doing bitcoin transactions physically if possible.

Bitcoin (can) dominates online money transactions since at the first place that was the intention why it was being created.

Currently both Fiat and bitcoins has their own advantages and disadvantages. but as you know we are moving towards technology and bitcoin is a technology. Fiat will be left behind very soon.

Well, for big country like USA, England, Japan and many big country, it will easy for moving towards technology to use bitcoin but not all country can do this fastly.

Developing countries will take time to go totally digital, as majority of them are not aware about the bitcoin yet and they are very convenient in using paper money.

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Quote from: gilangIDR on June 25, 2016, 08:44:04 AM

Like many people already said is that the paper money future is not so good because it has the digital word against.
Everything these days will get digital the world is really changing.

I think you should already consider other countries that cannot adopt with digital world. And even it is widely use in developed countries but still there are other people who prefer paper money and those are people not doing online transactions.

Yeah I agree. Some country does not have a digital or Hi-tech community to adopt digital money, and the people also who loved the paper money, because it is easy to use if you want to buy something. All you have to do is to give it to the cashier and wait for your change. The paper money will not banish and it will stay forever. Cheesy

Fiat and bitcoin have it's own pros and cons.

Fiat dominates physical transactions as it was way more better than doing bitcoin transactions physically if possible.

Bitcoin (can) dominates online money transactions since at the first place that was the intention why it was being created.

Currently both Fiat and bitcoins has their own advantages and disadvantages. but as you know we are moving towards technology and bitcoin is a technology. Fiat will be left behind very soon.

Well, for big country like USA, England, Japan and many big country, it will easy for moving towards technology to use bitcoin but not all country can do this fastly.

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bitcoin development is now so large and rapid development now. bitcoin has a market share that is so outstanding today. bitcoin very bright future and I think the future will be better.

And that means the future of the paper money will be dumped? And there's no really future for the paper money that means. And I believe that also, bitcoin of the rapid growth that is happening now with bitcoin that is very possible to happen.

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Like many people already said is that the paper money future is not so good because it has the digital word against.
Everything these days will get digital the world is really changing.

I think you should already consider other countries that cannot adopt with digital world. And even it is widely use in developed countries but still there are other people who prefer paper money and those are people not doing online transactions.

Yeah I agree. Some country does not have a digital or Hi-tech community to adopt digital money, and the people also who loved the paper money, because it is easy to use if you want to buy something. All you have to do is to give it to the cashier and wait for your change. The paper money will not banish and it will stay forever. Cheesy

Fiat and bitcoin have it's own pros and cons.

Fiat dominates physical transactions as it was way more better than doing bitcoin transactions physically if possible.

Bitcoin (can) dominates online money transactions since at the first place that was the intention why it was being created.

Currently both Fiat and bitcoins has their own advantages and disadvantages. but as you know we are moving towards technology and bitcoin is a technology. Fiat will be left behind very soon.

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bitcoin development is now so large and rapid development now. bitcoin has a market share that is so outstanding today. bitcoin very bright future and I think the future will be better.

tabas

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Like many people already said is that the paper money future is not so good because it has the digital word against.
Everything these days will get digital the world is really changing.

I think you should already consider other countries that cannot adopt with digital world. And even it is widely use in developed countries but still there are other people who prefer paper money and those are people not doing online transactions.

Yeah I agree. Some country does not have a digital or Hi-tech community to adopt digital money, and the people also who loved the paper money, because it is easy to use if you want to buy something. All you have to do is to give it to the cashier and wait for your change. The paper money will not banish and it will stay forever. Cheesy

Fiat and bitcoin have it's own pros and cons.

Fiat dominates physical transactions as it was way more better than doing bitcoin transactions physically if possible.

Bitcoin (can) dominates online money transactions since at the first place that was the intention why it was being created.

Well people just tend to use fiat money for transactions since they are used to it and for a long time we are using it.
But we are going to see changes about the future of paper money, when bitcoin enters the knowledge of the government.
And with the people of society, future of paper money will just tend to fall.

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Like many people already said is that the paper money future is not so good because it has the digital word against.
Everything these days will get digital the world is really changing.

I think you should already consider other countries that cannot adopt with digital world. And even it is widely use in developed countries but still there are other people who prefer paper money and those are people not doing online transactions.

Yeah I agree. Some country does not have a digital or Hi-tech community to adopt digital money, and the people also who loved the paper money, because it is easy to use if you want to buy something. All you have to do is to give it to the cashier and wait for your change. The paper money will not banish and it will stay forever. Cheesy

Fiat and bitcoin have it's own pros and cons.

Fiat dominates physical transactions as it was way more better than doing bitcoin transactions physically if possible.

Bitcoin (can) dominates online money transactions since at the first place that was the intention why it was being created.

tabas

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Quote from: Seansky on June 24, 2016, 06:35:29 AM

Like many people already said is that the paper money future is not so good because it has the digital word against.
Everything these days will get digital the world is really changing.

You are right, it is very alarming the trend of technology today. Everything can be done through online transactions or by means of computer use.
So the future of paper money is really on it's way to downfall. Because people wants to be more convenient when it comes to monetary unit.
With just a simple click you have already your money online and you don't have to bring your own physical wallet for it.

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Well IMO paper money have low chance to be dead by year 2040 above. I think the chance of it being dead at that time is about 0.01%. If it will be dead, IMO bitcoin will replace it. Grin

I dont even understand why you guys waste your time to post this crap...BTC will most likely never take over the world's currency system because of the fact that there are a limited amount of BTC and the governments at all times would have to control it.

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Well IMO paper money have low chance to be dead by year 2040 above. I think the chance of it being dead at that time is about 0.01%. If it will be dead, IMO bitcoin will replace it. Grin

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Quote from: danherbias07 on June 24, 2016, 04:49:25 AM

Like many people already said is that the paper money future is not so good because it has the digital word against.
Everything these days will get digital the world is really changing.

I think you should already consider other countries that cannot adopt with digital world. And even it is widely use in developed countries but still there are other people who prefer paper money and those are people not doing online transactions.

Yeah I agree. Some country does not have a digital or Hi-tech community to adopt digital money, and the people also who loved the paper money, because its easy to use if you want to buy something, all you have to do is to give it to the cashier and wait for your change. The paper money will not be banish and it will stay forever. Cheesy

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Like many people already said is that the paper money future is not so good because it has the digital word against.
Everything these days will get digital the world is really changing.

I dont think so. That is still far away many will happen and besides I think that it is still risky living your money online. Some still prefer it that way and physically touched.

Well for those who dont want advancements then they will still stick to a paper money eventhough technology will put it's way on progress. People are just waiting for the time that digital currency will be accepted for almost merchants around the world before deciding to switch.

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Like many people already said is that the paper money future is not so good because it has the digital word against.
Everything these days will get digital the world is really changing.

I dont think so. That is still far away many will happen and besides I think that it is still risky living your money online. Some still prefer it that way and physically touched.

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Like many people already said is that the paper money future is not so good because it has the digital word against.
Everything these days will get digital the world is really changing.

I think you should already consider other countries that cannot adopt with digital world. And even it is widely use in developed countries but still there are other people who prefer paper money and those are people not doing online transactions.

We cannot expect that everyone will start using bitcoin in future, not possible in small villages where people don't have access to internet, they will continue their journey with fiat.

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