Pages:
Author

Topic: the future real money - page 16. (Read 29416 times)

hero member
Activity: 1652
Merit: 518
OrangeFren.com
November 10, 2018, 03:18:39 AM
Maybe it will happen the payment is using virtual payment, Actually it was just started as now in the other country was accepted only through virtual payment. And for me ill think it was a good idea also as of now in this year some of us are using some gadgets that can make them easily pay in any store in virtual pay.
newbie
Activity: 47
Merit: 0
November 10, 2018, 02:30:25 AM
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.

I agree too.  Crypto can't completely erase fiat use but only exist alongside.  I've used Crypto at a number of places, and some alts too - tapcoin for example.  And what I know is that if Crypto will finally become mainstream as we hope,  more and more use case have to be on board.
Which future are you talking about? There is no way the world will turn money to be only digital,cause we will always need the physical and they are even more important. Electronic systems are just to make our transactions go faster, instead of you carrying cash around you can just put in bank and then systems like PayPal, Bitcoin wallets ETC. to control where your money goes.
full member
Activity: 462
Merit: 100
November 10, 2018, 02:22:10 AM
in the future the currency will grow and will grow and certainly there will be a lot of new currencies created and this new currency tries to be the best solution for problems that exist in the future.
sr. member
Activity: 854
Merit: 251
November 10, 2018, 02:09:31 AM
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 ... !!?
everything can happen, no one can predict for sure the crypto currency going forward if in my opinion the crypto currency is created by using technological advancements and the development of the times does not close the possibility that someday in the future it can also be the world currency
full member
Activity: 504
Merit: 100
November 10, 2018, 02:06:56 AM
it seems that the future of real money will become more digital and will begin to reduce the use of paper money so that in the future this finance will become a digital currency and there will be many digital currencies created.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
November 10, 2018, 12:36:51 AM
the future of real money still seems to be used and there are still many who will use fiat or real currency, but security and comfort risks are very less and more dangerous, maybe later there will be two combinations of currencies in the future, real money and money digital assuming the same value

Guys, you cannot call even the traditional money "real". They seem real only because you can touch them and take in your hands. The cryptocurrency is almost the same - simply not all understand it.
Well done man, we cannot say that traditional money is "real, many people don`t get it. Cryptocurrencies are not the same, they are better, cause when its about traditional you need to trust your government and banks in your country, with cryptocurrencies you trust in cryptographic proof! What is better? We all know how evil banks are, we all know that governments are paid to do what banks tell them to do, with cryptocurrencies you help ordinary man from Argentina or any other country that is mining, using and holding cryptocurrencies, decentralization must win in long run.
full member
Activity: 854
Merit: 103
November 10, 2018, 12:01:35 AM
the future of real money still seems to be used and there are still many who will use fiat or real currency, but security and comfort risks are very less and more dangerous, maybe later there will be two combinations of currencies in the future, real money and money digital assuming the same value

Guys, you cannot call even the traditional money "real". They seem real only because you can touch them and take in your hands. The cryptocurrency is almost the same - simply not all understand it.
newbie
Activity: 81
Merit: 0
November 08, 2018, 09:29:45 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]
yes, of course in the future the trading world will experience a shift, all online and very clear in online trading, the payment system will shift to using virtual currencies, so bitcoin is very likely to be the future currency in the whole world. so all business people are prepared that we are experiencing a transition period.
member
Activity: 490
Merit: 10
November 08, 2018, 09:20:18 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 is possible in a modern world and a fast lifestyle. Our people tend to live faster to keep up with the trend. Therefore, crypto payments will take place soon and businesses will need to use Blockchain technology to solve payment problems.
hero member
Activity: 966
Merit: 500
November 08, 2018, 09:10:20 PM
I think the future of real money is the fiat currency itself , because most part of the world do not know about digital currency and digital payments , like those countries in most 3rd world countries where fiat currency is their main source of payments. The cryptocurrency now is for the convinience of people who knows about it and have knowledge about using it.

Yes, fiat will be used as usually. However, I am sure that about 20-30% of the people will choose the cryptocurrencies. It will not happen soon. We will have to wait for it at least for 5-10 years as I think.
newbie
Activity: 31
Merit: 0
November 08, 2018, 06:02:26 AM
[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]
Cryptocurrency is like other online payment systems and there is no difference. The only reason we have them is for them to serve as electronic alternatives to the traditional paper methods such as cheques and the rest of them. So they are not going to replace our monetary system with cryptocurrencies. Another thing you got to know is that most of these altcoins don’t even last, or haven’t you heard about that? Most of them don’t succeed cause the competition is too much.
full member
Activity: 924
Merit: 221
November 08, 2018, 05:24:55 AM
The future of real money is the payment through cashless and its the fiat currency itself . Because fiat money is the people majority to use as payments in their daily living. In the future cryptocurrency will be the alternative payments when the fiat money is unavailable . Fiat will still the future of money in most countries like in the 3rd world countries.
Yes, especially the centralized one. Establishment could not accept a decentralized digital currency because of its volatile value. Maybe others will consider this but of course with an agreement to both parties on the use of cryptocurrency as the payment method. The future of real money is not only considered to cryptocurrency but to all currency that is present.
member
Activity: 406
Merit: 11
November 08, 2018, 05:06:04 AM
is the virtual money in question is money that can be transferred using an electronic intermediary through the bank? if yes, then the future of physical or real money will be stored safely in the bank as a guarantee of proof of ownership of virtual money.
hero member
Activity: 798
Merit: 527
November 08, 2018, 01:00:38 AM
[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 be highly appreciated by developed countries like USA, Singapore, Japan or China. These new ideas need to be implemented in some big countries so that ideas can easily become real and effective. Wish you success and hope you will bring many benefits to Cryptocurrency.
What you consider "real money" is already mostly on digital books and not the paper banknotes you think of. There is so much more "dollars" based on stuff like stock market and gold and oil and so forth. Banks just changing who has how much digitally on their books and no one really puts cash back to bank anymore so all that billions of dollars banks have is probably not there anyway.

So as you can see this "digital money" has been going around for couple decades now. There is really no need to worry about the "real money" because no matter what happens with all the paypal or whatever payment systems and all that still didn't caused the real money to go away, it is of course gets devalued over time but it is still not going away anywhere soon, will stay and dangle for a long time probably much longer than how long any of us will live.
sr. member
Activity: 665
Merit: 250
November 07, 2018, 01:43:40 AM
the need for technological developments and the development of the course certainly requires changes as well as one of them is an economic change that uses virtual currencies because with the development of the times needed a practical, fast and efficient
full member
Activity: 504
Merit: 100
November 07, 2018, 01:37:13 AM
[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]

Isn't is not obvious heading towards it. People hates waiting and to fall in line for a day that happens often so they patronize online payment. So the next years would be perfect the virtual payments with cryptocurrency because most of us are already aware of it and using it so it means everything is already prepared.
full member
Activity: 574
Merit: 100
November 06, 2018, 11:59:46 PM
the future of real money still seems to be used and there are still many who will use fiat or real currency, but security and comfort risks are very less and more dangerous, maybe later there will be two combinations of currencies in the future, real money and money digital assuming the same value
hero member
Activity: 1470
Merit: 555
dont be greedy
November 06, 2018, 11:27:40 PM
no need to wait for the future, now even we can use payments using virtual money, so actually this is included in the developmental roadmap, we used to transact using the barter method, after the money, we started to transact using money, then after digital money, then we become cashless transactions, and the virtual currency is the last currency that I feel is the closing of the era
full member
Activity: 2142
Merit: 183
November 06, 2018, 11:00:11 PM
Real paper money of various countries will not disappear anywhere. These monetary relations were formed over two millennia, they interact with the economies of states and are supported by the strength and authority of this state.
On the other hand, the cryptocurrency will vseravno walk in the legal framework established by the state and this framework will constantly change. Cryptocurrency will be able to go only in parallel with the national money of the states, it is no longer capable of, and it will no longer be allowed.
full member
Activity: 476
Merit: 100
November 06, 2018, 10:56:15 PM
I am sure that if everyone is comfortable using the digital currency as a payment system in their lives, they will slowly leaving money fiat.

But to say cryptocurrency as money in the future I was a little hesitant to ensure that this would happen, the government was too strong to defeat by every cryptocurrency user, unless they have a strong desire to make all money systems decentralized.

I will better say the following: we will feel more comfortable when using the cryptocurrencies. However, fiat will stay very important for all of us. I do not think that traditional money can vanish.
Pages:
Jump to: