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Topic: The future of the paper money - page 262. (Read 416598 times)

legendary
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March 21, 2016, 08:27:33 AM
The future of the paper money is pretty bad because everything is gonna be digital so that is good for the bitcoin but bad for the paper money.
Its of course also a matter of time before this will happen.

I dont agree with you. There are lot of people who are not that intellectual to use a digital thing. Yes we are in a high level of technology. There are many of us who know it buy not all of us.

As said only the people who have trust will buy, others will just understand it but as they don't have trust they will never be a part in the technology but will continuously do research on it.
legendary
Activity: 2940
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March 21, 2016, 08:22:34 AM
The future of the paper money is pretty bad because everything is gonna be digital so that is good for the bitcoin but bad for the paper money.
Its of course also a matter of time before this will happen.

I dont agree with you. There are lot of people who are not that intellectual to use a digital thing. Yes we are in a high level of technology. There are many of us who know it buy not all of us.
sr. member
Activity: 448
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March 21, 2016, 04:58:10 AM
The future of the paper money is pretty bad because everything is gonna be digital so that is good for the bitcoin but bad for the paper money.
Its of course also a matter of time before this will happen.
global moderator
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March 21, 2016, 04:43:01 AM
Paper money will of course exist in the future and that is so good. I hope that more people will use Bitcoin. But it needs time.
Especially the older generation use paper money, because they dont even know what Bitcoin is.

That's right, the older people would have a hard time adopting bitcoin, probably their mind is not open anymore to this new technology and that gives the paper money an assurance that it will live long..
sr. member
Activity: 434
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March 21, 2016, 04:08:56 AM
Paper money will of course exist in the future and that is so good. I hope that more people will use Bitcoin. But it needs time.
Especially the older generation use paper money, because they dont even know what Bitcoin is.
hero member
Activity: 812
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March 20, 2016, 03:38:19 PM
Paper money would disappear in future if we can have bitcoin in a physical form that will make more users to attract towards it as people have more faith in those things which they can hold physically.

Most people really rely thing they see and hold and that what makes it worthy to them and since you cant hold bitcoin people will have a hard time accepting it and will rely on paper money.

Yes thats true and i dont think so money will disappear as it is not so easy to stop something which is widely used. generally money if we have in our hand we feel like we got something and we can use it for us. but also not to forget btc also has lot of good sights because of its security, low transaction charges and some store it is acceptable.


people have more faith in paper money as they can hold it physically and store it physically in their wallet and that factor is missing when it comes to bitcoins.

If the bitcoin get it's physical form the usage as well the bitcoin adoptions will increase gradually. Whatever happens paper money usage won't come to end.

Paper money will always exist for sure even if we have bitcoin in physical form then also we will find many users that will continue to use paper money especially in poor countries.

How can you possibly have bitcoin in physical form?

We can never have bitcoin in physical form and that's what above mate is trying to say, that even if we can hold bitcoin physically it will not reduce the users of paper money.
legendary
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March 20, 2016, 02:50:28 PM
Paper money would disappear in future if we can have bitcoin in a physical form that will make more users to attract towards it as people have more faith in those things which they can hold physically.

Most people really rely thing they see and hold and that what makes it worthy to them and since you cant hold bitcoin people will have a hard time accepting it and will rely on paper money.

Yes thats true and i dont think so money will disappear as it is not so easy to stop something which is widely used. generally money if we have in our hand we feel like we got something and we can use it for us. but also not to forget btc also has lot of good sights because of its security, low transaction charges and some store it is acceptable.


people have more faith in paper money as they can hold it physically and store it physically in their wallet and that factor is missing when it comes to bitcoins.

If the bitcoin get it's physical form the usage as well the bitcoin adoptions will increase gradually. Whatever happens paper money usage won't come to end.

Paper money will always exist for sure even if we have bitcoin in physical form then also we will find many users that will continue to use paper money especially in poor countries.

How can you possibly have bitcoin in physical form?
legendary
Activity: 3654
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March 20, 2016, 02:33:23 PM
Paper money will of course exist in the future. And that is just impossible to happen that it will disappear.
Bitcoin is of course more used in the future and that is good. But many people also need their paper money.
yeah agree. bitcoin might become popular and many people using bitcoin. but it will not make the peper money to be disappearing. paper money is always welcome This is not ancient fashion. but paper money has existed since time immemorial

Yeah, I don't see paper money going anywhere in future, it will always be used by majority of people, people who are uneducated they will find much easy to use fiat in compare to bitcoins.
And it is also a possibility that a paper form of Bitcoin will introduce and bitcoin also embrace the form of paper money. As the currency is currency, it can get into any form, like paper, coin or credits online.
hero member
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March 20, 2016, 09:29:55 AM
I think paper money it still remains after bitcoin goes mainstream.
Especially for older people, because they do not know how to handle the new money IMO.
you're right, I guess paper money will always continue to evolve, because, how it is used is usually done by the community, when bitcoin growing, as well as paper money

Yeah people who find using paper money easy will use it in future too, and spending bitcoin might be a little complicated for them as they lack knowledge about it.
legendary
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March 19, 2016, 11:05:07 PM
I think paper money it still remains after bitcoin goes mainstream.
Especially for older people, because they do not know how to handle the new money IMO.
you're right, I guess paper money will always continue to evolve, because, how it is used is usually done by the community, when bitcoin growing, as well as paper money
full member
Activity: 140
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March 19, 2016, 10:34:39 PM
I think paper money it still remains after bitcoin goes mainstream.
Especially for older people, because they do not know how to handle the new money IMO.
hero member
Activity: 868
Merit: 1000
March 19, 2016, 06:13:40 PM
Paper money would disappear in future if we can have bitcoin in a physical form that will make more users to attract towards it as people have more faith in those things which they can hold physically.

Most people really rely thing they see and hold and that what makes it worthy to them and since you cant hold bitcoin people will have a hard time accepting it and will rely on paper money.

Yes thats true and i dont think so money will disappear as it is not so easy to stop something which is widely used. generally money if we have in our hand we feel like we got something and we can use it for us. but also not to forget btc also has lot of good sights because of its security, low transaction charges and some store it is acceptable.


people have more faith in paper money as they can hold it physically and store it physically in their wallet and that factor is missing when it comes to bitcoins.

If the bitcoin get it's physical form the usage as well the bitcoin adoptions will increase gradually. Whatever happens paper money usage won't come to end.

Paper money will always exist for sure even if we have bitcoin in physical form then also we will find many users that will continue to use paper money especially in poor countries.

Yes and the only reason behind it is they are not aware about the new technology and they hesitate in trying something new, fiat makes their work easy.
hero member
Activity: 924
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March 19, 2016, 01:04:34 PM
Paper money would disappear in future if we can have bitcoin in a physical form that will make more users to attract towards it as people have more faith in those things which they can hold physically.

Most people really rely thing they see and hold and that what makes it worthy to them and since you cant hold bitcoin people will have a hard time accepting it and will rely on paper money.

Yes thats true and i dont think so money will disappear as it is not so easy to stop something which is widely used. generally money if we have in our hand we feel like we got something and we can use it for us. but also not to forget btc also has lot of good sights because of its security, low transaction charges and some store it is acceptable.


people have more faith in paper money as they can hold it physically and store it physically in their wallet and that factor is missing when it comes to bitcoins.

If the bitcoin get it's physical form the usage as well the bitcoin adoptions will increase gradually. Whatever happens paper money usage won't come to end.

Paper money will always exist for sure even if we have bitcoin in physical form then also we will find many users that will continue to use paper money especially in poor countries.
full member
Activity: 210
Merit: 100
March 19, 2016, 12:24:13 PM
The future of the paper money is pretty bad if you ask me because everything is gonna be digital like many others already said.
Its all a matter of time before this will start and the paper money will slowly disappear till its disappeared for good..


Paper money will not be completely banned. What will happen is the legalization of the digital money thus giving options to the people either to transact through the paper one or digital based.  Digital currency and to be specific, bitcoins when accepted  by a majority of countries.
hero member
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March 19, 2016, 11:55:24 AM
Paper money would disappear in future if we can have bitcoin in a physical form that will make more users to attract towards it as people have more faith in those things which they can hold physically.

Most people really rely thing they see and hold and that what makes it worthy to them and since you cant hold bitcoin people will have a hard time accepting it and will rely on paper money.

Yes thats true and i dont think so money will disappear as it is not so easy to stop something which is widely used. generally money if we have in our hand we feel like we got something and we can use it for us. but also not to forget btc also has lot of good sights because of its security, low transaction charges and some store it is acceptable.


people have more faith in paper money as they can hold it physically and store it physically in their wallet and that factor is missing when it comes to bitcoins.

If the bitcoin get it's physical form the usage as well the bitcoin adoptions will increase gradually. Whatever happens paper money usage won't come to end.
hero member
Activity: 952
Merit: 1000
March 18, 2016, 02:01:49 PM
Paper money would disappear in future if we can have bitcoin in a physical form that will make more users to attract towards it as people have more faith in those things which they can hold physically.

Most people really rely thing they see and hold and that what makes it worthy to them and since you cant hold bitcoin people will have a hard time accepting it and will rely on paper money.

Yes thats true and i dont think so money will disappear as it is not so easy to stop something which is widely used. generally money if we have in our hand we feel like we got something and we can use it for us. but also not to forget btc also has lot of good sights because of its security, low transaction charges and some store it is acceptable.


people have more faith in paper money as they can hold it physically and store it physically in their wallet and that factor is missing when it comes to bitcoins.
hero member
Activity: 714
Merit: 500
March 18, 2016, 12:35:35 PM
Paper money would disappear in future if we can have bitcoin in a physical form that will make more users to attract towards it as people have more faith in those things which they can hold physically.

Most people really rely thing they see and hold and that what makes it worthy to them and since you cant hold bitcoin people will have a hard time accepting it and will rely on paper money.

Yes thats true and i dont think so money will disappear as it is not so easy to stop something which is widely used. generally money if we have in our hand we feel like we got something and we can use it for us. but also not to forget btc also has lot of good sights because of its security, low transaction charges and some store it is acceptable.
sr. member
Activity: 434
Merit: 250
March 18, 2016, 12:34:23 PM
The future of the paper money is pretty bad if you ask me because everything is gonna be digital like many others already said.
Its all a matter of time before this will start and the paper money will slowly disappear till its disappeared for good..
hero member
Activity: 490
Merit: 500
March 18, 2016, 12:00:10 PM
Paper money would disappear in future if we can have bitcoin in a physical form that will make more users to attract towards it as people have more faith in those things which they can hold physically.
lol I think bitcoin will run backwards if they put the physical version. because everyone expects that the digital era is coming. everyone thinks financial transactions will be done online. not by physical


hero member
Activity: 532
Merit: 500
March 18, 2016, 11:19:27 AM
Paper money will of course exist in the future. And that is just impossible to happen that it will disappear.
Bitcoin is of course more used in the future and that is good. But many people also need their paper money.

Well if you look at some futuristic movies theres no paper money there and thats where we are heading right now.
We are evolving to a digital world you might not agree with me but in reality thats were we are heading.
yeah although we are still comfortable in using paper money we should recognize that the possibility of banknotes to disappear is certainly there digital era is a time that we must face in the next few years. actually it is already beginning to show signs when many people began to leave the paper money when shopping

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