The future of the paper money - page 267.

Denker

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Quote from: poptok1 on March 12, 2016, 09:55:50 AM

I think that paper cash will end sooner that we think.
As of today some countries in EU quietly saying about abandoning
paper money. I think i was Sweden and Denmark.
"cashless society" is how they call it
If this work for them, i see no reason other states move in the same direction.
It doesnt mean that fiat is over its just may be the over of "paper"

Yes it's the scandinavian countries Norway and Sweden doing big steps in this direction. Denmark is pretty close to them.
But this is a pure nightmare to be honest. Sure for the banks and governments a dream is coming true.Total control and surveillance.Everyone who tries to move out of line will get cut out from the monetary stream.Suppression couldn't be easier.

poptok1

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I think that paper cash will end sooner that we think.
As of today some countries in EU quietly saying about abandoning
paper money. I think i was Sweden and Denmark.
"cashless society" is how they call it
If this work for them, i see no reason other states move in the same direction.
It doesnt mean that fiat is over its just may be the over of "paper"

umaOuma

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Quote from: n0ne on March 12, 2016, 04:26:50 AM

Quote from: DeDordtenaar on March 11, 2016, 11:09:06 AM

Quote from: martinacar on March 11, 2016, 05:17:57 AM

Paper money will of course exist in the future. Many people need it and that is very important for them especially the older people.
But of course it will reduce. But it wont disappear. That is namely very impossible and Bitcoin will be more used in the future.

nope, I think the paper money will begin to disappear with old man who began to disappear as well. we can not ignore this. we have to admit that fewer people use paper money

What you have quoted is not true. Though bitcoin is used by most of the users paper money will be accepted and will be circulated without limitation in issue of paper money.

Paper money will always exist especially in poor countries where people don't have access to internet and are not used to digital world they will continue to use paper money in future too.

n0ne

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Quote from: DeDordtenaar on March 11, 2016, 11:09:06 AM

Quote from: martinacar on March 11, 2016, 05:17:57 AM

Paper money will of course exist in the future. Many people need it and that is very important for them especially the older people.
But of course it will reduce. But it wont disappear. That is namely very impossible and Bitcoin will be more used in the future.

nope, I think the paper money will begin to disappear with old man who began to disappear as well. we can not ignore this. we have to admit that fewer people use paper money

What you have quoted is not true. Though bitcoin is used by most of the users paper money will be accepted and will be circulated without limitation in issue of paper money.

DeDordtenaar

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Quote from: martinacar on March 11, 2016, 05:17:57 AM

Paper money will of course exist in the future. Many people need it and that is very important for them especially the older people.
But of course it will reduce. But it wont disappear. That is namely very impossible and Bitcoin will be more used in the future.

nope, I think the paper money will begin to disappear with old man who began to disappear as well. we can not ignore this. we have to admit that fewer people use paper money

OrangeII

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Quote from: martinacar on March 11, 2016, 05:17:57 AM

Paper money will of course exist in the future. Many people need it and that is very important for them especially the older people.
But of course it will reduce. But it wont disappear. That is namely very impossible and Bitcoin will be more used in the future.

you're right, everyone needs paper money even now, probably bitcoin will never defeat the paper money, because the most important thing now is for the people of dollars in paper form

martinacar

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Paper money will of course exist in the future. Many people need it and that is very important for them especially the older people.
But of course it will reduce. But it wont disappear. That is namely very impossible and Bitcoin will be more used in the future.

Pk880058

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Quote from: y8tvkid on March 09, 2016, 01:54:28 PM

Quote from: bitbunnny on March 09, 2016, 01:52:15 PM

Maybe the paper money will change the material that it is made of, at first there were only metal coins, maybe in the future it will be made of plastic but it will never disappear as something "real" and touchable ".

Yeah, the paper money will always be in existence, especially in third world countries, they would prefer to use paper money, as its easy to spend and convenient to use.

why it is for Third world country even all countrys in this world require the paper money, what ever technology come their will be fiat real touchable currency in all country. But the meaning will change like its uses will become very rare.

LarryHocks

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The future of the paper money, simply it will disappear for good in my opinion due to the thing everything is gonna be digital.
Its just a matter of time, the bitcoin is already has a step ahead if you compare it with other currency's.

danherbias07

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Quote from: bitbunnny on March 09, 2016, 01:52:15 PM

Maybe the paper money will change the material that it is made of, at first there were only metal coins, maybe in the future it will be made of plastic but it will never disappear as something "real" and touchable ".

Yeah we need to touch it to feel how real is it. That is my opinion on how people think. The worldly things needed to be felt. Plastic could be a good one. If all metals will be depleted. I think that got still more value than plastic but it would really be heavy. The components of a money will still be researched on how will it be to see its real value.

y8tvkid

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Quote from: bitbunnny on March 09, 2016, 01:52:15 PM

Maybe the paper money will change the material that it is made of, at first there were only metal coins, maybe in the future it will be made of plastic but it will never disappear as something "real" and touchable ".

Yeah, the paper money will always be in existence, especially in third world countries, they would prefer to use paper money, as its easy to spend and convenient to use.

bitbunnny

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Maybe the paper money will change the material that it is made of, at first there were only metal coins, maybe in the future it will be made of plastic but it will never disappear as something "real" and touchable ".

GermanFoobla

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Quote from: maxj57634 on March 09, 2016, 10:31:03 AM

Quote from: n0ne on March 09, 2016, 09:56:48 AM

Quote from: Mr.grin on March 09, 2016, 09:50:52 AM

Quote from: matete on March 09, 2016, 09:41:06 AM

I cannot rule out the possibility of paper money to dissappear but it will take more than a century. Most digital currencies including Bitcoin are still in their infant stages and therefore cannot make paper money to dissappear so quickly. The use of paper money is so important in that even those people currently adopting digital currency have a few nots in their wallets.

true, the use of paper money is now so important in the community, in addition to the paper money had also been there a long time, so I guess paper money remains the number one in public money

Paper money is much important and won't disappear however the digitalization takes place. Everywhere there will be some people who don't have interest over the digitalization. In future Bitcoin might be used in the physical form as we use dollars.

Paper money is important today but in the years to come like 1000 years i think there wont be any paper money moving around the market but only digital money.

Paper money will always exist. It is really important for the most money so that is not possible.
Of course the Bitcoin will be more used in the future. But it cant disappear the paper money. That will not happen.

JAyThaRevo

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Quote from: Bitcoinbro on March 09, 2016, 11:07:12 AM

The future of paper money is not so good but for the bitcoin it is good, paper money will be destroyed in the future, because everything is gonna be digital by some day.
I think its just a matter of time before it will disappear forever.

It will never disappear dude, just think of the poor people who are not aware about the digital world, can you expect that they will use bitcoins and not paper money? They will use what is easy for them.

Bitcoinbro

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The future of paper money is not so good but for the bitcoin it is good, paper money will be destroyed in the future, because everything is gonna be digital by some day.
I think its just a matter of time before it will disappear forever.

HarryKPeters

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Quote from: maxj57634 on March 09, 2016, 10:31:03 AM

Quote from: n0ne on March 09, 2016, 09:56:48 AM

Quote from: Mr.grin on March 09, 2016, 09:50:52 AM

Quote from: matete on March 09, 2016, 09:41:06 AM

I cannot rule out the possibility of paper money to dissappear but it will take more than a century. Most digital currencies including Bitcoin are still in their infant stages and therefore cannot make paper money to dissappear so quickly. The use of paper money is so important in that even those people currently adopting digital currency have a few nots in their wallets.

true, the use of paper money is now so important in the community, in addition to the paper money had also been there a long time, so I guess paper money remains the number one in public money

Paper money is much important and won't disappear however the digitalization takes place. Everywhere there will be some people who don't have interest over the digitalization. In future Bitcoin might be used in the physical form as we use dollars.

Paper money is important today but in the years to come like 1000 years i think there wont be any paper money moving around the market but only digital money.

Paper money will of course exist in the future and that is pretty normal and also good. Many people will use Bitcoin of course.
In the future it will reduce of course. Its hard to say for what is going to happen in the future.

praprata

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I think the paper money will disappear for good because of the fact everything is gonna be digital in the future.
Also the bitcoin has already a step made because its fully digital and a good market, its the future of all currency's.

DeDordtenaar

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Quote from: n0ne on March 08, 2016, 10:33:37 AM

In future bitcoin might also get a paper money form. Bitcoin usage will get increased when it gets the paper form.

nope. I think bitcoin will not run backwards many people who believe that digital era will come. I will not use paper money anymore. so better bitcoin develop newer his technologies

goinmerry

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Quote from: matete on March 09, 2016, 09:41:06 AM

I cannot rule out the possibility of paper money to dissappear but it will take more than a century. Most digital currencies including Bitcoin are still in their infant stages and therefore cannot make paper money to dissappear so quickly. The use of paper money is so important in that even those people currently adopting digital currency have a few nots in their wallets.

True. Adapting for now is the key word. They need to know it too. That there are other ways to send money, to use it and to buy some online. If a lot of people will know there is something like this happening, then that might be the key through changing a lot of thing thru this currency.

maxj57634

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Quote from: n0ne on March 09, 2016, 09:56:48 AM

Quote from: Mr.grin on March 09, 2016, 09:50:52 AM

Quote from: matete on March 09, 2016, 09:41:06 AM

I cannot rule out the possibility of paper money to dissappear but it will take more than a century. Most digital currencies including Bitcoin are still in their infant stages and therefore cannot make paper money to dissappear so quickly. The use of paper money is so important in that even those people currently adopting digital currency have a few nots in their wallets.

true, the use of paper money is now so important in the community, in addition to the paper money had also been there a long time, so I guess paper money remains the number one in public money

Paper money is much important and won't disappear however the digitalization takes place. Everywhere there will be some people who don't have interest over the digitalization. In future Bitcoin might be used in the physical form as we use dollars.

Paper money is important today but in the years to come like 1000 years i think there wont be any paper money moving around the market but only digital money.

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