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Topic: the future real money - page 6. (Read 29409 times)

sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
March 05, 2019, 09:37:07 AM
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.
sr. member
Activity: 791
Merit: 273
This is personal
March 05, 2019, 06:49:31 AM
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.
full member
Activity: 798
Merit: 109
https://bmy.guide
March 05, 2019, 06:08:04 AM
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.

I can't see that happening in day to day goods exchanging. It could be a case however when two merchants from different countries were to make an exchange and make the payment simultaneously. Having said that, It could be a reason to make a crypto payment. I don't see that there is crypto that can serve daily transactions between people. Bitcoin is powerful but I see it more as a way of storing value.
That is what I have noticed now, people won't exchange their bitcoin as payment because they think that much better to store and wait for a better value than having transactions via paying bills and etc. Well, we could not blame them because we know that bitcoin was too volatile and may have a profit if we can patiently wait. However, we have a different perspective view on bitcoin regarding payment or investment.
member
Activity: 980
Merit: 62
March 05, 2019, 05:01:17 AM
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.

I can't see that happening in day to day goods exchanging. It could be a case however when two merchants from different countries were to make an exchange and make the payment simultaneously. Having said that, It could be a reason to make a crypto payment. I don't see that there is crypto that can serve daily transactions between people. Bitcoin is powerful but I see it more as a way of storing value.
sr. member
Activity: 1316
Merit: 257
March 05, 2019, 04:08:41 AM
virtual currency is increasingly popularity in my country. because of the ease of use and many merchants who join work together using this facility. Virtual currencies will continue to move forward in line with developments in the times due to government support. for reasons easier to control and can be regulated unlike crypto currencies.
full member
Activity: 686
Merit: 100
March 05, 2019, 12:53:42 AM
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.
legendary
Activity: 1330
Merit: 1019
March 05, 2019, 12:14:19 AM
That doesn’t make any sense and it’s not going to happen at all. Altcoins are being released everyday and 90% to 99% of them released would always fail; some are scam and others are due to lack of funds. There will still be physical money no matter what, and there will also digital ways of making payments, it will all depend on your choice and what you choose to make use of.

even though many people use digital currency, the paper currency will remain in place for a long time. so the future of banknotes is very good
Yes physical notes are very important, and sometimes I wonder if the people here really knows that, cause some of them talk like they don’t even know that Angry there are lots of things that we can do with physical, it is not everything you do that requires making use of digital means of transaction. I hardly make digital except when I’m buying things online.
sr. member
Activity: 489
Merit: 250
March 04, 2019, 12:20:07 PM
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.
member
Activity: 406
Merit: 13
March 04, 2019, 06:12:05 AM
The digital currency is the future of all transactions as there can not be border restrictions on it, with the coming of cryptocurrency the world have revolutionized the financial system and replacing the old financial system with digital currency which will connect the whole world together.
hero member
Activity: 1638
Merit: 756
Bobby Fischer was right
March 04, 2019, 05:22:21 AM
Almost all payments now are digital.Fiat money are digital money
if you see a lot of altcoins than first have in your mind that there are pure scams what wants to steal your money.You can lose your money with them.Most of them are kind of virtual trash worth nothing
That's true, future is now and it's not necessarily a good thing.
Since the '60 along with introduction of computers in to banking system, all so called real transaction went digital.
Now we are facing 98% digital fiats. Double the falseness and quadruple the trouble. There is no future for paper money... it was already replaced by digits, long long time ago. I'm deliberately avoiding to call them real, because they are not.
Only coins made of precious metals will survive upcoming or rather current fin-tech revolution.
legendary
Activity: 1596
Merit: 1034
March 04, 2019, 05:10:18 AM
Changes will come soon, where now people have been introduced to various payments digitally even in various countries digital payments have been officially used by people. Virtual payments have various advantages, one of which is effectiveness and instant. People do not have to take paper money first to a bank to make payments but they only need to make payments using their smartphone and progress such as it must be used by crypto to be able to enter enliven blockchain technology for the progress of the world economy.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
March 03, 2019, 06:26:07 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.
Correct. Cryptocurrency payments has been here since 2014 in my country  but that time only Bitcoin is supported by merchants until time came they accepted, local currency and Altcoins like Ethereum, BitcoinCash, and Ripple. Governments don't allow cryptocurrency to dominate in a specific country unless they legally support it. In the near future I think crypto payments would be the new trend online I am not that sure in a physical store but who knows? One example is that of Japan where some stablishments accepts Bitcoin payment.
jr. member
Activity: 92
Merit: 1
March 03, 2019, 06:19:09 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.






all possibilities can happen without anyone knowing for sure but replacing the real currency function I think it's something very difficult maybe a changeable function
For obvious reasons,goverments will not want to give away their powers to create money and those control use.It will make governance near obsolete if they really lose the power of control.Plus the fact that most politicians are sponsored by companies whose interest maybe ne sidelined by the progress of cryptos .it is both an economic and political issue,not just texhnological
jr. member
Activity: 92
Merit: 1
March 03, 2019, 06:14:00 PM
The powers that ve will not allow for a fully decentralized money systems that will ultimately make central banks obsolete.the best we can hope for is a future where cryptocurrencies are allowed to operate freely alongside the traditional fiats.Not necessarily replacing it.
full member
Activity: 1050
Merit: 100
Vave.com
March 03, 2019, 06:11:42 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.






all possibilities can happen without anyone knowing for sure but replacing the real currency function I think it's something very difficult maybe a changeable function
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
March 03, 2019, 06:09:05 PM
We as a society are in a continuous evolution. The technology sector is obviously evolving at the fastest rate, but as it has many applications in other industries it drags them up like a magnet. I think Bitcoin will be adopted as a global currency in 3-5 years and we will have the option to pay with it at almost any store in the world.

I think the same, I also believe that in a maximum of 5 years people will be handling Bitcoin as an additional option to those already known, if bitcoin enters the uptrend it will attract many more people, it is a fact that we are on that path.
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
March 03, 2019, 04:15:34 PM
We as a society are in a continuous evolution. The technology sector is obviously evolving at the fastest rate, but as it has many applications in other industries it drags them up like a magnet. I think Bitcoin will be adopted as a global currency in 3-5 years and we will have the option to pay with it at almost any store in the world.
full member
Activity: 487
Merit: 115
March 03, 2019, 04:05:45 PM
you mentioned a good subject. I've been thinking about it, and my idea is that in 10 years, paper money will be out of use and there will only be digital payments. Digital payouts have many good aspects. Easy to transport. No paper and processing fee. If the necessary cyber security is taken, it can be stored more safely than paper money.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
March 03, 2019, 12:54:24 PM
Payments with virtual money will certainly continue to grow in the digital era as they are now, but that does not mean the future of real money will be eroded. I'm sure the real money will be maintained and will definitely remain, even though virtual money is increasingly popular. Because the transition of real money to virtual money definitely takes a long time and again there are still many people who are not exposed to the internet or digitalisation which will make these people still use real money.
Pab
legendary
Activity: 1862
Merit: 1012
March 03, 2019, 11:42:38 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]

Almost all payments now are digital.Fiat money are digital money
if you see a lot of altcoins than first have in your mind that there are pure scams what wants to steal your money.You can lose your money with them.Most of them are kind of virtual trash worth nothing
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