Fiat money won't disappear anytime soon. Not in the next century in my humble opinion.
Paper money, as in bills and metal coins, that will disappear, no doubt about it. Useage has already been reduced drastically, in less than 10 years it will be almost nothing.
Topic: The future of the paper money - page 93. (Read 416603 times)
Well, we all know from the past that transactions are exchanging product to product before then they made to use gold as their transaction to buy anything then after that they discovered to made paper money that is why even in our days we really using money for our transactions. As I observed as days past the technologies are becomming more high-tech now and we are starting a modern life. All things become more modern and that was I am thinking that even money will going to become more high-tech. Soon the paper money will be replace. And it will become more high-tech that money will become one of the cryptocurrency for the faster transactions.
Paper money is more convenient for small calculations. Subconsciously, people trust more what we can see and touch. Governments benefit in having only electronic money because they are easier to control, but they can't completely abandon cash. In the future, paper money will disappear, but it will not be soon.
paper money is still the backbone of digital currencies, paper money will be obsolete many years from now but not in this era, in the presence of bitcoin and other crypto currencies, we are still dependent on paper money and gold reserves, it is not as easy as abc and even bitcoin needs a lot of improvement to be dependable mode of transaction.
Bitcoin will not disrupt the whole monetary system the government has created, we are still under their supervision and since they control the world we cannot expect that they will allow bitocin to be bigger than the current financial tools they regulated.
paper money is still the backbone of digital currencies, paper money will be obsolete many years from now but not in this era, in the presence of bitcoin and other crypto currencies, we are still dependent on paper money and gold reserves, it is not as easy as abc and even bitcoin needs a lot of improvement to be dependable mode of transaction.
Bitcoin will not disrupt the whole monetary system the government has created, we are still under their supervision and since they control the world we cannot expect that they will allow bitocin to be bigger than the current financial tools they regulated.
paper money is still the backbone of digital currencies, paper money will be obsolete many years from now but not in this era, in the presence of bitcoin and other crypto currencies, we are still dependent on paper money and gold reserves, it is not as easy as abc and even bitcoin needs a lot of improvement to be dependable mode of transaction.
Bitcoin will not disrupt the whole monetary system the government has created, we are still under their supervision and since they control the world we cannot expect that they will allow bitocin to be bigger than the current financial tools they regulated.
paper money is still the backbone of digital currencies, paper money will be obsolete many years from now but not in this era, in the presence of bitcoin and other crypto currencies, we are still dependent on paper money and gold reserves, it is not as easy as abc and even bitcoin needs a lot of improvement to be dependable mode of transaction.
Bitcoin will not disrupt the whole monetary system the government has created, we are still under their supervision and since they control the world we cannot expect that they will allow bitocin to be bigger than the current financial tools they regulated.
paper money is still the backbone of digital currencies, paper money will be obsolete many years from now but not in this era, in the presence of bitcoin and other crypto currencies, we are still dependent on paper money and gold reserves, it is not as easy as abc and even bitcoin needs a lot of improvement to be dependable mode of transaction.
Sweden is likely going to be the first country to completely ban cash, but more countries are following soon. Just wait and see.
hearing this for the first time but i do not think so. i think they will even accept bitcoin as legal currency but still they will also continue using bitcoin because it will take a lot of time when all the people of a state start using bitcoin. 
From my perspective, paper money is still in the best shape, people feel comfortable to spend paper money nowadays, people have a good trust on the paper money. So the future of paper money is certain in the future, but day by day crypto currency is becoming popular so paper money may face a threat to be existed..
Exactly, no chance it will be eliminated in the circulation when it is serving majority of the people, whatever country you are living you can physically see people are more comfortable in using paper money. New technology will exist but it will just give additional option to the users and they do not have the power to eliminate paper money, the simplest way of transacting is thru paper money.I totally agree with this. They are not so competitive of other monetary systems because people don't know about it yet. People don't know about bitcoins yet, so why even bother improve the fiat system into something better? Why even try and back fiat with gold once again if people don't know about it? The people behind fiat system just don't have any reasons to improve it.
This is like the Nokia scenario. Nokia was a leading brand of cellphones back then. But because they think that they are the best, they didn't really mind the rise of Android phones from Samsung. In due time, Android has become a thing and Nokia's OS looks so obsolete compared to it. Nokia even released some statement that goes like, "We didn't do anything wrong." Truth is, they were wrong with not keeping up with the latest even when that latest tech is still very young.
If fiat will continue to be what it is right now and bitcoin starts to be known and used by people, then the same thing might happen. But we're not so sure, though, because in this scenario the government is involved. The government runs the fiat system.
From my perspective, paper money is still in the best shape, people feel comfortable to spend paper money nowadays, people have a good trust on the paper money. So the future of paper money is certain in the future, but day by day crypto currency is becoming popular so paper money may face a threat to be existed..
The point is you can't do everything with crypto in real life, at least you can try to spent bitcoin to buy something but not for this time. The bitcoin network needs the more improvement and the store still scared with the volatility of cyrpto 
Paper money will complement electronic and will not disappear. Simply in some places it is much more convenient to use paper money, and not electronic.
Yeah, paper money will compliment electronic money as the necessity has increased a lot. Same cannot be the scenario everywhere. The electronic money usage can be seen high on the city location whereas in towns and villages still paper money is the base and people are much aware of this rather than other form of payments.stop, it will create a big problem because sometimes online transaction are compromise.
Paper money will complement electronic and will not disappear. Simply in some places it is much more convenient to use paper money, and not electronic.
Yeah, paper money will compliment electronic money as the necessity has increased a lot. Same cannot be the scenario everywhere. The electronic money usage can be seen high on the city location whereas in towns and villages still paper money is the base and people are much aware of this rather than other form of payments. 
Paper money will complement electronic and will not disappear. Simply in some places it is much more convenient to use paper money, and not electronic.
From my perspective, paper money is still in the best shape, people feel comfortable to spend paper money nowadays, people have a good trust on the paper money. So the future of paper money is certain in the future, but day by day crypto currency is becoming popular so paper money may face a threat to be existed..
Exactly, no chance it will be eliminated in the circulation when it is serving majority of the people, whatever country you are living you can physically see people are more comfortable in using paper money. New technology will exist but it will just give additional option to the users and they do not have the power to eliminate paper money, the simplest way of transacting is thru paper money.
From my perspective, paper money is still in the best shape, people feel comfortable to spend paper money nowadays, people have a good trust on the paper money. So the future of paper money is certain in the future, but day by day crypto currency is becoming popular so paper money may face a threat to be existed..
Exactly, no chance it will be eliminated in the circulation when it is serving majority of the people, whatever country you are living you can physically see people are more comfortable in using paper money. New technology will exist but it will just give additional option to the users and they do not have the power to eliminate paper money, the simplest way of transacting is thru paper money. 
From my perspective, paper money is still in the best shape, people feel comfortable to spend paper money nowadays, people have a good trust on the paper money. So the future of paper money is certain in the future, but day by day crypto currency is becoming popular so paper money may face a threat to be existed..
i think paper money will perish but not this moment. although cryptocurrencies is booming, as of the moment this is not as stable as paper money. crypcur must overcome hack insidence for it to become stronger i think it is the disavantage of cryptocurrencies but it is curable. in short the future is the cryptocurrencies may dissolve paper money using.
It's still a long journey for crytocurrencies to overcome paper money. I mean, even other online currecies like paypal is still hardly know on some countries. I'm sure paper money will keep being used by all people, it takes a long time to courage people to become cashless society.
i think paper money will perish but not this moment. although cryptocurrencies is booming, as of the moment this is not as stable as paper money. crypcur must overcome hack insidence for it to become stronger i think it is the disavantage of cryptocurrencies but it is curable. in short the future is the cryptocurrencies may dissolve paper money using.
I think paper money have its own importance and will never dead. Though people are started using debit cards, credit cards and other digital currencies; there are some transaction which needs to be deal in traditional cash only. Paper money will be always the main mode of payment for day to day transactions.
I strongly agree with you, I don't think that paper money will vanish away after a long time of its popularity. And I do not think that bitcoin or any digitalized currency can easily replace our traditional paper money. It is the most common and easy to use to pay bills and also it is easy to carry.
All countries using paper money because of it is convenience to use for many people, maybe paper money will change but its design only.
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