[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 have indeed been running in many developing countries and virtual payments do not require using digital money like crypto, because virtual payments can also run and work well using real money. So it's impossible for only virtual payments to be required to place digitial money in it, I'm sure real money won't be eroded only with virtual payments becoming more modern. 
Topic: the future real money - page 21. (Read 29409 times)
[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 real money will not change. I believe that this real money will continue to exist. although digital money will be widely used in payment transactions 
Real money is now more valuable in the eyes of the public because there are many who use it compared to the money in Gital which is now popular in the internet world.
Bitcoin is real money too because people are getting crazy to it while the price isn't too high as before. But fiat money is what majority keep on using it because adoption of crypto's aren't that scattered. It takes time before we'll go to the future money where every people will transact with their very own mobile and online wallets without bringing any cash. 
Real money is now more valuable in the eyes of the public because there are many who use it compared to the money in Gital which is now popular in the internet world.
Well, I see the future beibg very bright with the way things are going now. The system is growing rapidly and every system is adjusting to it. It is possible to take over in a long time to come.
интepecнaя тeмa, a гдe-тo мoжнo пoдpoбнe пoчитaть? 
I Believe that it should be more modern and I think in transactions they will going to go with the flow and digital currencies will fit this situation surely, soon will soon called this as real money of world.
i don't think it will be that soon, for medium term i believe real currency has not been replaced. For a long time, i thought it might happen, seeing needs of modern humans
I Believe that it should be more modern and I think in transactions they will going to go with the flow and digital currencies will fit this situation surely, soon will soon called this as real money of world.
Money got a deeper usage than just a transaction payment, it also being used to control inflation and being used to avoid crisis, although the digital currency keep on coming out we will still need fiat money, crypto still can't be used for main currency because of it's volatility and full of manipulation, and for sure the government will choose a centralised currency which is fiat
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 ... !!?
I don't think that everyone is turning to virtual money because if all use virtual money, the value will actually decline.
I think fiat will continue to be used for payment in traditional markets not on the global market. Every country community still respects their fiat in accordance with the provisions that apply in their country of residence.
The world we live in now is moving towards a cashless society, because we are using digital payment methods more than we are using Fiat cash in first world countries. Just look at all the different payment methods that are being used on a daily basis, namely :
~ Credit Cards
~ Debit Cards
~ PayPal
~ Payment processors
~ Charge cards
~ Prepaid cards
~ Phone and mobile payments
~ Money orders
~ Online Banking ePayments (OBeP)
~ Cheque
~ Crypto currencies
I see a world where all of these technologies will replace Fiat currencies.
~ Credit Cards
~ Debit Cards
~ PayPal
~ Payment processors
~ Charge cards
~ Prepaid cards
~ Phone and mobile payments
~ Money orders
~ Online Banking ePayments (OBeP)
~ Cheque
~ Crypto currencies
I see a world where all of these technologies will replace Fiat currencies.
I too agree with you here! We are slowly moving towards a cashless economy and probably within next 8-10 years, fiat will be a thing of past. However, I don't see cryptocurrencies as a viable option to replace the fiat system! In a worldwide scale, cryptos can't be used to power up all transnational requirement.
What I see the future will be based on government controlled virtual currencies running on a government controlled blockchain tailor made for everyday use! We don't have to carry cash with us anymore and everything will be done using our smartphones! Even plastic cards will not be used at a scale that we are doing now! Every transactions can be carried out by your smartphone at any merchant outlet without using a plastic card or hard cash!
Also I don't think Banking system will be phased out either! Banks will adopt this change and update their systems to go along with the change! But if someone argues that cryptos are the future, I would just say that, Yes, government backed cryptos are the future (Probably it will have different naming convention)!
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 ... !!?
I don't think that everyone is turning to virtual money because if all use virtual money, the value will actually decline.
I think fiat will continue to be used for payment in traditional markets not on the global market. Every country community still respects their fiat in accordance with the provisions that apply in their country of residence.
I think we have been on that transition of using electronic currencies and doing electronic transactions over manual and fiat currencies. I mean we have been dealing with online payments and such that we can actually spend the whole day outside with just your phone. I think we will see a wholely electronic and online lifestyle by the next few years.
The world we live in now is moving towards a cashless society, because we are using digital payment methods more than we are using Fiat cash in first world countries. Just look at all the different payment methods that are being used on a daily basis, namely :
~ Credit Cards
~ Debit Cards
~ PayPal
~ Payment processors
~ Charge cards
~ Prepaid cards
~ Phone and mobile payments
~ Money orders
~ Online Banking ePayments (OBeP)
~ Cheque
~ Crypto currencies
I see a world where all of these technologies will replace Fiat currencies.
~ Credit Cards
~ Debit Cards
~ PayPal
~ Payment processors
~ Charge cards
~ Prepaid cards
~ Phone and mobile payments
~ Money orders
~ Online Banking ePayments (OBeP)
~ Cheque
~ Crypto currencies
I see a world where all of these technologies will replace Fiat currencies.
In future the money will be more advance and more digitalizes than now like in these days people use crypto for sake of money and it is virtual we can access this every where with out any problem and now we should use crypto for transactions and not for just speculation so i hope that in the future money will be crypto and we can say that bitcoin will be universal currency.
[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]
Their is the possibility bitcoin became a future currency.We are using some online wallet to pay a bill ,in future we will use bitcoin wallet for the transcation.If that happens,you no need to stay in a line to withdraw our money.The time to transcation will be very low.So the people automatically start to use bitcoin in future.
The entry of Crypto currency in the open market really makes a lot of question on what to becomes on FIAT money in the near future, we've seen the visible and active crypto market, consumer's confident increase as to shift of investment from Stock Market into the crypto market, almost all government financial business community are talking on how to Regulate the Crypto Market, once all of there issue are address, i feel that we will have a digital currency in the near future...and eventually outdated the FIAT money in the long run...
It's already happening if we will talk about virtual payments using fiat and crypto. It will take time until crypto will be accepted in any means but for sure it will happen. Basically I don't think it will replace fiats as this is like the roots for using in payments.
sure in future all online payment will be digital payment such altcoin or bitcoin but its need more time to be used in real life. not simple as we trade at crypto market. need regulation for governance
I believe at the current rate how cryptocurrency is being develop further by people and even existing companies venturing to blockchain or cryptocurreny, time will come that many form of payment will happen in through cryptocurrency. Yes, it may take some years from now but a hug possibility that it will be accepted by the masses is there. Cheers to all legitimate crypto out there.
I think we'll see a double system. I mean fiat currencies which they are centralized whether it is still digital or not will be still in use but use of cryptos will be more. This process may take a few decades. People have habits and we should not except to change these habits in a day.
[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 we can see that their are different altcoins but we cannot say they are transerable into real money though they can be change. The future of real money would exist and it would not fade but it will be lend a hand by the cryptocurrency that can be use as a money to do any transaction. Jump to: