the future real money - page 14. | Bitcointalksearch.org

rickyNmorty

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Investor

Quote from: Ladysmith on October 27, 2018, 01:38:16 PM

As every aspect of life, especially goods and services are becoming digitized and have their values exchanged on virtual platforms, it's only natural that payment methods will also follow the trend.

This is true. Probably time will come that everything will be digitally functioning. We can see how the technology continuously improve and with this we can conclude that everything will be much more easy to do, or much more easy to perform. We can see the bright future ahead.

DAVETUN

full member

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Bitcoin is the currency of this age

In the near future, digital currency will take over from real money transaction, through the use of market space of digital coin as the only means of transaction,, fiat will most likely be limited to to offline transaction, government policy will also help to enhance the relevance of cryptocurrency.

Epimetheus

legendary

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In my opinion future of real money is safe. Although the crypto currency make an great impact on the economy market and investment sector. Cryptocurrency also affects the existence of real currency by its advantages. But still it is not legalized everywhere and not all people like to use it like real currency. In many sectors cryptocurrency heavily use like in banking sectors and this thing affects upon real currency existence and some how it also affects the currency value too. But cryptocurrency is not trusted by many people and government. So this thing makes real currency safe.

JohnBitCo

sr. member

Activity: 2030

Merit: 356

Quote from: mcTether on November 11, 2018, 05:14:50 PM

There are high possibilities that the real or paper money we currently use today may not be effective again in the future for transactions. We may see something similar to the postal service which s not common anymore.

I think the paper currency will end with the passage of time. Also it will be replaced by digital currency even though Digital currency is also not reliable. If you see the past, the people used to trade in Gold and silver and that was the real assets which determine the value. Later on, it was replaced by fiat and in future fiat will be replaced by Bitcoins.

bce

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Merit: 250

Quote from: patz22 on October 27, 2018, 08:32:01 PM

It is already happening if we will talk about virtual payments using fiat and crypto (btc and some other alts). It will take time until crypto will be accepted in any means but for sure it will happen but basically I don't think it will replace fiats as this is like the roots for using in payments(services and goods) and if I am a businessman I would rather hold a currency with steady value.

what you convey is true because virtual currency still requires a considerable amount of time because legality is the most important factor in becoming a currency that can be accepted by everyone

jimskiy

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Bitway.net - The Best Bitcoin Mining Network

Bitcoin could be the future digital money but needed more support from many country for allowing using bitcoin as transaction, but if many country still banned using bitcoin as transaction maybe is hard and impossible to see bitcoin become future of digital money.

Riingdian

newbie

Activity: 30

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Real money will go extinct someday. There are great technological advances going on in the world involving payments for purchased goods and services being returned. Very soon, electronic money will completely take the place of real money as it used to.

jahepahit

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Activity: 866

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Quote from: damar09 on October 27, 2018, 12:25:15 PM

[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]

it can happen, but it will not affect the real money function because cryptocurrency cannot be used as the main currency because its value is volatile. so the real currency remains the main currency.

Seundavid02

newbie

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Honestly speaking the future of real money still stable,despite the fact of goods and services are becoming digitallize nowadays.

Salloystic

newbie

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Definitely, what happened to barter will also happen to paper real money. Real money will go into extinction one day. There are great technological advancements taking place in the world as regards payments for goods bought and services rendered. Very soon, cryptocurrency will completely take the position of real money as it is taking it already. Even in developing countries of the world, payments are alreafy being made online especially at filling stations,supermarkets,hotels and some business centres. Cryptocurrency will be welcomed and embraced by all people in the world in the nearest future time to come.

popolite11

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Activity: 882

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Quote from: AlehandroTheGreat on November 10, 2018, 09:01:30 PM

the future of real money - something great based on blockchain will become - 'real money"
that paper "real money" which now are alive will be dead and useless Lips sealed

I am sure that the money, which we know (traditional, made from paper) will be alive fore more many hundreds of years. Any cryptocurrency, even it is the fastest and the safest one will not replace fiat (in all over the world)

basyang

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Activity: 644

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Quote from: damar09 on October 27, 2018, 12:25:15 PM

[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]

In my opinion, their has a possible to have a virtual money payment in the future. Its part of our innovation to have a fastest and convenient ways of payment transaction. But it is pending to regulate because the authorithy has a doubt about and tey need to do some research to fully understand what is crypto currency and how it works in the technology and inside the internet.

squog

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ANONYMOUS MOBILE PAYMENTS

Well, we are seeing "virtual payments" in the form of online banking but it isnstill backed up by Fiat. If you're talking about a pure crypto currency way of transacting then i think we are looking at a few more decades to execute. Being that crypto currency is actually heavily internet dependent to use.

jobukegoya

newbie

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Quote from: mcTether on November 11, 2018, 05:14:50 PM

There are high possibilities that the real or paper money we currently use today may not be effective again in the future for transactions. We may see something similar to the postal service which s not common anymore.

In the future crypto money will probably accompany paper money as a means of payment both locally and internationally, because paper money will not disappear because it has been used for so long. Even though crypto money is still new, not many can use it. But crypto money is slowly being used in various countries.

aryatrals

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Quote from: damar09 on October 27, 2018, 12:25:15 PM

[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]

the real currency and the virtual currency each have their own users, maybe in the future it is still the same because the trade in each region has its own specifications, we can observe digital currencies, usually users are urban and in developed countries, but eyes real money or paper currency usually users are still in remote areas and in countries of poor countries or developing countries, so to unite it all takes a very long time.

Febriana98

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Quote from: damar09 on October 27, 2018, 12:25:15 PM

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 ...?

Fiat currencies currently in circulation will not be replaced by cryptocurrencies, Cryptocurrency only perfects weaknesses and innovations in my opinion, many have discussed this, and many predict that fiat currencies issued by a country will be converted by their country's government into cryptocurrency. we'll see in the future, what will happen with cryptocurrencies and fiat currencies.

Gibreil

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Quote from: patz22 on October 27, 2018, 08:32:01 PM

It is already happening if we will talk about virtual payments using fiat and crypto (btc and some other alts). It will take time until crypto will be accepted in any means but for sure it will happen but basically I don't think it will replace fiats as this is like the roots for using in payments(services and goods) and if I am a businessman I would rather hold a currency with steady value.

Nowadays, people get upset if they did not join the train, people get mad when they scammed and people excites when ICO going to the moon. We are more intelligent when it comes in cryptocurrency and we tackle it time by time. Those I have mention are proof that cryptocurrency has a wide range right now and it use by plenty of people who have interest and belief in cryptocurrency. More over, real paper may gone and it remarks us that we are in the next phase of generation where digital is use as a means of payment.

Gastotade

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Colletrix - Bridging the Physical and Virtual Worl

Quote from: mcTether on November 11, 2018, 05:14:50 PM

There are high possibilities that the real or paper money we currently use today may not be effective again in the future for transactions. We may see something similar to the postal service which s not common anymore.

Have some point, but not everyone use postal as paper money did. If they will implement the use of it widely as having emails now then possibility of it can arise.

mcTether

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There are high possibilities that the real or paper money we currently use today may not be effective again in the future for transactions. We may see something similar to the postal service which s not common anymore.

djgtr

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Quote from: damar09 on October 27, 2018, 12:25:15 PM

[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 surely agree that it would exist as always but not all the time to be use especially many people living like having smartphone with them and easy to access. Eventually cryptocurrency will surely in demand because of the capabilities that can give to people.

Topic: the future real money - page 14. (Read 29419 times)