[bif i see lately there are lots of altcoins popping up, especially in the digital world and whether for the next few years the function of real money itself will be eroded by the presence of virtual payment equipment ...? I had time to think whether in the next few years we would be making virtual money payments ...?[/b]
Well cashless society is something that we heard when we talking about the future of transactions, i do believe to make it happen cryptocurrency is the only way to do it. I do think goverments will have their own cryptocurrency and they will stop using a fiat currency . 
Topic: the future real money (Read 29419 times)
Its scary how much control the government will have over money in the future. Everything will be digital and all our purchases will be recorded. Cash won't even exist and we will probably have wallet chips inserted into our body.
Wallet chips into our body is next level of innovation. I don't find such a growth will take place commonly. Almost every people around the world is much aware about the existence of cryptocurrency which once looked differently. The same hast shrunk the real time use of fiat, upon which the usage of fiat will exist forever but the control by the government won't be that effective anymore with people having their own funds and there is no need for dependence over the banking services. [bif i see lately there are lots of altcoins popping up, especially in the digital world and whether for the next few years the function of real money itself will be eroded by the presence of virtual payment equipment ...? I had time to think whether in the next few years we would be making virtual money payments ...?[/b]
Virtual payments will not erode the use of real money at all in my opinion, its fluctuating value makes some people afraid to use it to date, no matter how many altcoins appear, it will not affect the existence of fiat currencies 
Its scary how much control the government will have over money in the future. Everything will be digital and all our purchases will be recorded. Cash won't even exist and we will probably have wallet chips inserted into our body.
As well know and aware, the current community is rapidly changing and going into further being a digital era. And no doubt, the high possibility of the crypto currencies in the future of our financial system and having the thought of it as the future of real money.
You must also take into account the older generation, which can never use cryptocurrency. Based on this, it can be assumed that a full-fledged cryptocurrency will be used only when there is a change of generations.
As well know and aware, the current community is rapidly changing and going into further being a digital era. And no doubt, the high possibility of the crypto currencies in the future of our financial system and having the thought of it as the future of real money.
[bif i see lately there are lots of altcoins popping up, especially in the digital world and whether for the next few years the function of real money itself will be eroded by the presence of virtual payment equipment ...? I had time to think whether in the next few years we would be making virtual money payments ...?[/b]
I also think that real money is being eroded due to the increasing use of virtual money and increasing forms of virtual money. Indeed, nowadays people have been facilitated with the internet, maybe all we can access using the internet, but we also have to know the limits of internet usage and sorry for those who cannot access the internet because it will be outdated.I think the fiat money will come to an End soon. Since we are living in a digital world, Bitcoin can really help us to transform from the fiat to digital currency. The bitcoin adoption may take time but surely we will see the whole world using a single currency, that is Bitcoins.
[bif i see lately there are lots of altcoins popping up, especially in the digital world and whether for the next few years the function of real money itself will be eroded by the presence of virtual payment equipment ...? I had time to think whether in the next few years we would be making virtual money payments ...?[/b]
I also think that real money is being eroded due to the increasing use of virtual money and increasing forms of virtual money. Indeed, nowadays people have been facilitated with the internet, maybe all we can access using the internet, but we also have to know the limits of internet usage and sorry for those who cannot access the internet because it will be outdated. 
if all switch to virtual currency, then what about real money conditions whether each country will stop making real money in the future I don't think so ... !!?
Probably, it could happen but government will deny it because as of now, they make steps in order to control the cryptocurrency. Yet, Satoshi wants to have decentralization but not with the central government. Making real money will be stopped if the government itself will acknowledge the virtual currency. But for me, it is good to have both of these currencies since they are helping also the economy in different terms. [bif i see lately there are lots of altcoins popping up, especially in the digital world and whether for the next few years the function of real money itself will be eroded by the presence of virtual payment equipment ...? I had time to think whether in the next few years we would be making virtual money payments ...?[/b]
Well, with technological advancement, we definitely going to shift to virtual payment methods from hard cash. But I doubt that cash will cease to exist anywhere near the future. We have third war countries where people don't even know how to operate a computer let alone making payments in cryptos. We are at least a decade or two away from the complete digitization of money. 
[bif i see lately there are lots of altcoins popping up, especially in the digital world and whether for the next few years the function of real money itself will be eroded by the presence of virtual payment equipment ...? I had time to think whether in the next few years we would be making virtual money payments ...?[/b]
My thoughts now are not wanting cash to continue to be circulated. After paying with bitcoin and credit cards, I believe it's much more convenient. We will not take much time to wait for money exchange. Hopefully cash will soon be replaced by electronic money. Well, obviously crypto will be evolving in future and digital currencies will have a bigger part in our lives. But on the other hand there is still long way to go.
The time to say goodbye to fiat will not come so soon - you are right here. Fiat will dominate for long - the cryptocurrencies will be not used by most of the people. We must realize it.
Virtual money is the future. I read somewhere that by 2025 there will be no paper money left. From this we can conclude that the crypto will be very popular and now it is only in the barrage stage.
Paper money is easy to fake. I would love to know how high the global damage is of circulating fake notes.
Virtual money is the future. I read somewhere that by 2025 there will be no paper money left. From this we can conclude that the crypto will be very popular and now it is only in the barrage stage.
[bif i see lately there are lots of altcoins popping up, especially in the digital world and whether for the next few years the function of real money itself will be eroded by the presence of virtual payment equipment ...? I had time to think whether in the next few years we would be making virtual money payments ...?[/b]
I think the future will be bright with these currencies, and paper currencies will disappear in the future.Lots of goods have become dependent on this method of payment, but it may take a long time, and what is the response of countries to that?
The future of real money is digital currencies. In our contemporary world, people prefer convenience hence the use of paper money is gradually fading out of the system because it is very cumbersome to carry huge sums of paper money along. Cryptocurrency will then take the lead of the digital currencies because it offers tremendous advantages over the other forms of digital currencies in terms of speed, security, transaction costs etc.
I agree with your opinion. Paper money will disappear and be replaced by digital money.
The future of real money is digital currencies. In our contemporary world, people prefer convenience hence the use of paper money is gradually fading out of the system because it is very cumbersome to carry huge sums of paper money along. Cryptocurrency will then take the lead of the digital currencies because it offers tremendous advantages over the other forms of digital currencies in terms of speed, security, transaction costs etc.
I agree with your opinion. Paper money will disappear and be replaced by digital money.
The future of real money is digital currencies. In our contemporary world, people prefer convenience hence the use of paper money is gradually fading out of the system because it is very cumbersome to carry huge sums of paper money along. Cryptocurrency will then take the lead of the digital currencies because it offers tremendous advantages over the other forms of digital currencies in terms of speed, security, transaction costs etc.
[bif i see lately there are lots of altcoins popping up, especially in the digital world and whether for the next few years the function of real money itself will be eroded by the presence of virtual payment equipment ...? I had time to think whether in the next few years we would be making virtual money payments ...?[/b]
Well in the Philippines they are already accepting virtual money payment.We could easily pay with our Bitcoin for our Bills and other stuff through our local wallet called Coins .
Well, obviously crypto will be evolving in future and digital currencies will have a bigger part in our lives. But on the other hand there is still long way to go.
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