Topic: the future real money - page 5. (Read 29409 times)
Anything will be possible in the future if it was the cryptocurrency be the way of payments and way to spend money will be more useful for the Crypto uses but the possibility being the real money is very low for the currency at any period of time if the government only accepted it can be possible in the future.
[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 you are right over time and with the advancement of technology. Our payment system starts to change from real money to virtual money. especially now a lot of virtual money that provides promos and discounts to attract users. so that many people will be interested in using it. now most modern people in my country have used digital money. so it is very possible if the future of fiat money will be replaced by digital money.I don't believe the presence of cryptocurrency will erude the availability of virtual faint currency. Because before the coming of digital currencies the traditional currency which is the paper money have always been in circulation and in usage. And in fact crypto exchange still operate with faint money also.
Because each person still comfortable to use money paper or money fiat, they can buy some stuff in online store using money fiat by way of their mobile banking. I think cryptocurrency will be use as main payment system by many people if they aware that the centralized system will harm them, so as they will seek other payment instruments that are not regulated by any party and it seems this things need a long process. I think it's still far from that. indeed by legalizing bitcoin, as if the government is providing support, but until now there are still few who do that. so I think money with a centralized system still exists
It is so obvious that it still exists.
What we are all still using is fiats which is a centralized system unlike Bitcoin and other cryptocurrencies that is decentralized. You can't say that it doesn't exist anymore since we are all using fiats, I don't think all of the people like to use or the idea of using cryptocurrencies. In fact some part of a country don't even know how to use a computer, what even more using a cryptocurrency.
[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 suppose virtual money payments is not something new in the sphere of digital currencies, it's already gaining popularity, and there are lots of projects connected with this service
I don't believe the presence of cryptocurrency will erude the availability of virtual faint currency. Because before the coming of digital currencies the traditional currency which is the paper money have always been in circulation and in usage. And in fact crypto exchange still operate with faint money also.
Anything will be possible in the future if it was the cryptocurrency be the way of payments and way to spend money will be more useful for the Crypto uses but the possibility being the real money is very low for the currency at any period of time if the government only accepted it can be possible in the future.
The application to become real money is a must if we talk about bitcoin because the system is based on numbers and cannot be real money. it is likely that there will only be a credit card like today, not money 
Money as a concept has changed a lot over the years the best-known of these alternatives is probably Bitcoin if a famous company sponsor it and become legal.
What do you mean by sposor it? Why would they sponsor a decentralized crypto currency? What good will Bitcoin bring to them? And that is obvious that the government is the one that will be deciding whether to ban or legalize a crypto currency in their country. Bitcoin will be Bitcoin, what will happen next in the future, that will be a technological boom that will be supporting Bitcoin all over the world.
Convenience is the key word here. People are switching to the paperless era of money because it is cumbersome to carry huge sums of money with you during the daily activities. It started with smart cards like the credit cards, mobilemoney and mobilebanking etc. Cryptocurrency was designed to enhance these forms of digital currencies and it is now taking the lead in terms of security, transparency, speed in transactions, low costs and elimination of intermediaries during transactions. This is the future of money.
Money as a concept has changed a lot over the years the best-known of these alternatives is probably Bitcoin if a famous company sponsor it and become legal.
What do you mean by sposor it? Why would they sponsor a decentralized crypto currency? What good will Bitcoin bring to them? And that is obvious that the government is the one that will be deciding whether to ban or legalize a crypto currency in their country. Bitcoin will be Bitcoin, what will happen next in the future, that will be a technological boom that will be supporting Bitcoin all over the world.
Anything will be possible in the future if it was the cryptocurrency be the way of payments and way to spend money will be more useful for the Crypto uses but the possibility being the real money is very low for the currency at any period of time if the government only accepted it can be possible in the future.
I think it is possible that people will be using digital currency as a payment to buy goods, paybills and many more in the future. But i think not all countries will go cashless lile china because they hate QR codes and crypto, so it will take a lomg time before everybody will be using digital currency.
Some countries have their own rules for valuing virtual currencies at this time but we will see in the future that all will have a type of virtual currency that you can use anywhere and anytime.
Yes, every country has different rules in accepting cryptocurrency and there are still many countries that have not legalized it. Every country has virtual money is very possible but it takes a long time for this to happen. Even though that happens, real money will never be eroded by virtual money.
There is nothing to exaggerate or worry about the real money. The growth of the real money and its usage will last for a longer time period. Already it has marked its usage all around. With cryptocurrencies it is predicted to make the entire system functional overcoming real money which isn't possible to be attained now or in the future.
The future of digital money is probably digital, because we have need to digitalize almost everything. Future money will have property of inalienability and easy transferabillity,, which will give gas for cryptocurrencies adoption.
Yes I do believe also on digital money on the future but i guess its not near for it to happen. As you will see, the evolution of money from commodity to fiat is that they are tangible, meaning they have physical appearance unlike the digital one. 
Future of real money is good and never could replace by any one digital currency forever, there are many people still do not know about digital currency because needed internet access for log in on digital currency.
I think you wrongly understand the digital money. Because if you deposit in Bank this called digital money. But cryptocurrency little different from digital money, So we not compare to fiat currency. Nowadays Decentralised and centralised Cryptocurrencies are available in the market but most of the governments are not accepting the cryptocurrency so we need more support in this platform then only it will growing well in the market.
Future of real money is good and never could replace by any one digital currency forever, there are many people still do not know about digital currency because needed internet access for log in on digital currency.
Money as a concept has changed a lot over the years the best-known of these alternatives is probably Bitcoin if a famous company sponsor it and become legal.
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 ... !!?
in my opinion the function and nature of the real currency will remain that will change in the future only the forms and methods of use that change will become more practical fast and efficient in the future 
Everyone thinks like this but not all cryptocurrencies we know we can use to buy or pay for some basic goods so it cryptocurrency will be circulating in our daily transactions, shopping, restaurants, gas etc, I wonder which cryptocurrency would that be. Even bitcoin is not yet accepted widely as payment though there are some that accepts.
It is clear that virtual money is growing rapidly. Various projects in various fields emerged offering tokens or coins with their latest technology to be a fact of growth. However, this does not mean being able to erode real money. I think changing all real money with digital will be difficult and requires a very long time for that possibility. So, real money will survive in this world.
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