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Topic: The future of the paper money - page 272. (Read 416598 times)

hero member
Activity: 560
Merit: 500
February 09, 2016, 08:26:51 AM
Bitcoin is good try of small people to control their future.
But we will never get chance to hold our destiny in our hands.
They won't let this happen!
sr. member
Activity: 532
Merit: 253
February 09, 2016, 03:12:59 AM
I think that all the governments will ban the paper money in a near future, after that will be' much more 'easy to spy on all the citizens movements
sr. member
Activity: 322
Merit: 250
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February 09, 2016, 02:53:21 AM
the future of paper money are the paper wallet full of bitcoin!!!
hero member
Activity: 812
Merit: 1000
February 09, 2016, 01:25:55 AM
Afaik, in Switzerland, the use of paper money has been reduced quite significantly cmiiw, I think I saw in news about this and instead of using paper money they do wire/card transactions to cut down on illegal trades and soon other nations will follow this and move to digital currencies.
legendary
Activity: 1456
Merit: 1002
February 08, 2016, 08:39:09 PM
In the future paper money will be worth so much Tongue because I bet a lot of paper money will be destroid and the collecters will be rich.

But I just think in the future all our money will me in the phone or smart watch.
But this is not going to happen in near future for developing countries its need too much time for developed countries its still need some good time so may be your grandchild's could be best beneficiaries of your paper money collections

Yeah that's true, but I don't think that any crypto can replace paper money, and it would take a long time that the world would survive only on digital currency, and paper money will exist forever and can never be replaced as the users of paper money are more as compared to digital currency and they will continue using it.

Paper money might not be replaced totally, it will be used for long term. But the percentage of paper money usage will reduce.

No, it will.

Its not a matter of "if it will or not" its a matter of "when". The intrinsic value of fiat will always come back to zero, as for us to still be alive this long to see similar to zimbabwe`s currency to the us dollars we still have awhile.

Since other international banks help other foreign banks for their notes.
legendary
Activity: 1540
Merit: 1003
February 08, 2016, 04:55:39 PM
Paper money will not disappear anytime soon. Well maybe paper money will go and be replaced with plastic bills, but you get the idea. People are too stubborn and used to it to give it up.

Paper money is being replaced with bank plastic cards and it is more easy to pay through banks and leaving the cash only for few or less than a dollar in our pocket.
hero member
Activity: 560
Merit: 501
February 08, 2016, 03:42:14 PM
I dont know about you, but i really like paper money when paying outside. I love to use Bitcoin online thugh.
sr. member
Activity: 350
Merit: 250
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February 08, 2016, 01:12:45 PM
Paper money will not disappear anytime soon. Well maybe paper money will go and be replaced with plastic bills, but you get the idea. People are too stubborn and used to it to give it up.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
February 08, 2016, 01:05:19 PM
I suppose the paper money will always be the preferred currency, so a lot of advantages banknotes of the coin, for example, paper money more easily under and input into the wallet, unlike the coins. if bitcoin want to thrive in the real world, then bitcoin should issue something in paper form

Yes everyone prefers something in hand, so that it would be easy for local purchase. To thrive in the real world it doesn't need to be issued in the paper form. Once it gets released the value gets cut down. Also now regularly we can experience a difference in price of bitcoin which can't be expected if something happens likewise.
legendary
Activity: 1218
Merit: 1000
February 08, 2016, 12:58:32 PM
I suppose the paper money will always be the preferred currency, so a lot of advantages banknotes of the coin, for example, paper money more easily under and input into the wallet, unlike the coins. if bitcoin want to thrive in the real world, then bitcoin should issue something in paper form
hero member
Activity: 560
Merit: 500
February 08, 2016, 04:41:56 AM
It is obvious paper money is obsolete..More payments are made by credit cards then real money!
It it matter of time when they will use blockchain for "transaction"- this is going to be sarcastic blockchain!
Bitcoin is dead, long live new blockchain..
full member
Activity: 302
Merit: 100
February 08, 2016, 04:04:18 AM
In the future paper money will be worth so much Tongue because I bet a lot of paper money will be destroid and the collecters will be rich.

But I just think in the future all our money will me in the phone or smart watch.
But this is not going to happen in near future for developing countries its need too much time for developed countries its still need some good time so may be your grandchild's could be best beneficiaries of your paper money collections

Yeah that's true, but I don't think that any crypto can replace paper money, and it would take a long time that the world would survive only on digital currency, and paper money will exist forever and can never be replaced as the users of paper money are more as compared to digital currency and they will continue using it.

Paper money might not be replaced totally, it will be used for long term. But the percentage of paper money usage will reduce.
hero member
Activity: 952
Merit: 1000
January 14, 2016, 08:15:15 AM
In the future paper money will be worth so much Tongue because I bet a lot of paper money will be destroid and the collecters will be rich.

But I just think in the future all our money will me in the phone or smart watch.
But this is not going to happen in near future for developing countries its need too much time for developed countries its still need some good time so may be your grandchild's could be best beneficiaries of your paper money collections

Yeah that's true, but I don't think that any crypto can replace paper money, and it would take a long time that the world would survive only on digital currency, and paper money will exist forever and can never be replaced as the users of paper money are more as compared to digital currency and they will continue using it.
full member
Activity: 302
Merit: 100
January 14, 2016, 04:09:30 AM
Nobody really like to carry those currencies and coins in their pockets. It ain't that safe, many will debate about carrying credit cards, even then at some point we will have to withdraw or pay our bills with cash. But if digital currencies come into existence there wont be any hassle.

In the US, some people carry cash is not to spend it, but to save their life when they are robbed. So digital currency do not have that function.
hero member
Activity: 770
Merit: 500
December 03, 2015, 10:39:34 AM
In the future paper money will be worth so much Tongue because I bet a lot of paper money will be destroid and the collecters will be rich.

But I just think in the future all our money will me in the phone or smart watch.
Hey love your idea Grin let's collect all the paper money around the world before it's too late to do that!

Yes it can be used for several things. For instance as wallpaper.Each room with a different currency! Cheesy
Or as toilet paper!Never can have enough of tha right! Grin
Or you use it as fuel!Although  Andreas A. said "Goat shit burns better!" Shocked
How about make it a business! that may turn out to be a really really great business Grin
sr. member
Activity: 476
Merit: 250
December 03, 2015, 10:13:04 AM
In the future paper money will be worth so much Tongue because I bet a lot of paper money will be destroid and the collecters will be rich.

But I just think in the future all our money will me in the phone or smart watch.
But this is not going to happen in near future for developing countries its need too much time for developed countries its still need some good time so may be your grandchild's could be best beneficiaries of your paper money collections

That is true to if the paper of money from now will be a high value it won't happend maybe over 100-150 years that will happend.
hero member
Activity: 812
Merit: 500
December 03, 2015, 09:55:18 AM
In the future paper money will be worth so much Tongue because I bet a lot of paper money will be destroid and the collecters will be rich.

But I just think in the future all our money will me in the phone or smart watch.
But this is not going to happen in near future for developing countries its need too much time for developed countries its still need some good time so may be your grandchild's could be best beneficiaries of your paper money collections
full member
Activity: 153
Merit: 100
December 03, 2015, 09:23:09 AM
Nobody really like to carry those currencies and coins in their pockets. It ain't that safe, many will debate about carrying credit cards, even then at some point we will have to withdraw or pay our bills with cash. But if digital currencies come into existence there wont be any hassle.
hero member
Activity: 1442
Merit: 629
Vires in Numeris
December 03, 2015, 05:18:03 AM
I like paper money. I like to feel the buying power in my hands :p Bitcoin makes me feel like a robot. I am not saying paper money is better tho.
I agree with this to an extent.  I also like physically having something in my hand that represents the fruit of my labors, but bitcoin also satisfies.  Just not as much.  And owning precious metals is even better than paper money.  For me, anyway.
In this case if paper money won't exist anymore and you don't really like the virtual money, instead of putting your savings in virtual money you should consider buying gold or similar. If you rent a safe in a bank or if you have a safe at home, you can store huge value in a little safe especially if you buy diamonds, they're way too expensive.
But if you run out of storage, you can organize some exhibits in different museums. In this case your value is in a safe place and you have something phisical to hold your values in.
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
December 01, 2015, 10:55:30 AM
I like paper money. I like to feel the buying power in my hands :p Bitcoin makes me feel like a robot. I am not saying paper money is better tho.
I agree with this to an extent.  I also like physically having something in my hand that represents the fruit of my labors, but bitcoin also satisfies.  Just not as much.  And owning precious metals is even better than paper money.  For me, anyway.
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