[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]
if you look at the future it might happen, but we see there are still many things that need to be corrected in the crypto concept itself such as from the security side and there are still many fake crypto that must be destroyed. 
Topic: the future real money - page 7. (Read 29392 times)
Everyone has their own opinions about cryptocurrency but for me it is not suitable to be money because the price is very volatile in fear that it will become a time bomb later. just being an investment is a good thing
I think fiat will still be there, only maybe in the future along with the development of technology, fiat will have a virtual form to follow the market which may be dominated by the digital market in the future.
You basically have paypal and any other payment methods, it's basically a "virtual bank" that stores your flat on the internet.Fiat will continue to exists as no country would like their currency being overpowered by digital currency unless their currency become the least used in any part of the of the world just like Zimbabwe where their currency was hardly worth anything.
But, making Zimbabwse using cryptocurrency would make the situation become worse as their currency worth nothing and by doing this just make their economy much worse. Let's be patient i think the people are not yet ready to adopt the future real money which is bitcoin and it seems fiat currency now is the
big deal and people are on fiat not crypto i think maybe 10 years we will see the adoption of it.
Hopefully barrier to development of bitcoin can be resolved soon, and later we can use bitcoin all over the world for transactions in daily needs stores. so that it will facilitate daily activitiesbig deal and people are on fiat not crypto i think maybe 10 years we will see the adoption of it.
We won't be seeing this being adapted in the near future as the barrier between first and third-world countries is tremendously large, especially in aspects like technology, infrastructure, and economic standpoint. Furthermore, first world countries are already devising a way of improving their current state of life by introducing revolutionary electronic payment methods (blockchain technology, etc.) and making innovations throughout their country.
In contrast, third-world countries prioritize multiple problems including ways to resolve poverty, corruption, infrastructure developments, transportation, etc.
From this viewpoint alone, the plans of first-world countries do not match with the priorities of third-world countries. If we adapt a full-scale shift to this kind of payment (where poor people lack access to the internet; let alone food, shelter, etc.), the price manipulation may happen making the rich richer and the poor, poorer.
Many people still not understand how to use digital e currency payment and make real cash money keep exist at the future, many time we got real cash money will be keep using by people forever and have easy to use it.
absolutely true and real money will never be lost in the presence of digital currency, because paper currency will continue to be used every day and digital currency will be used as an online transaction tool onlyDigital payment can be an alternative but it will NOT replace fiat anytime soon until the economic discrepancies between first and third-world countries be resolved.
[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]
Many people are already doing this, many people use credit card but the cost is too much . Now people have better solution for their transactions by using bitcoin. Many companies supporting bitcoin right now because those companies trying to get more market segmentation, by accepting bitcoin those companies can get more customers.This term "real money" is starting to be boring. For me gold and silver are not money, but guess what centuries ago that was the main medium of exchange. When people introduced with cash people stopped using gold and silver as medium of exchange, now it`s time to move forward. In 10-20 years new generations will think that crypto is the real money and gold, silver and cash are the thing of the past. Think outside the box and you will understand we live in period of transition, cash is coming to an end and crypto is starting a new era.
[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]
Many people are already doing this, many people use credit card but the cost is too much . Now people have better solution for their transactions by using bitcoin. Many companies supporting bitcoin right now because those companies trying to get more market segmentation, by accepting bitcoin those companies can get more customers.
If you understand what money means you wouldn't worry too much about the thousands of available altcoins today.
Money is more like bartering stuff you value. Meaning what ever that is valuable to you can be barter.
If someone chooses to barter some pieces of clothes for a cheap phone with someone who needs the clothes who are we to call such transactions a fraud?
Money is more like bartering stuff you value. Meaning what ever that is valuable to you can be barter.
If someone chooses to barter some pieces of clothes for a cheap phone with someone who needs the clothes who are we to call such transactions a fraud?
Many people still not understand how to use digital e currency payment and make real cash money keep exist at the future, many time we got real cash money will be keep using by people forever and have easy to use it.
therefore, 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 goodAgree with you, the use of paper money is popular now but I think in the next 10 years, the people will change to use digital currency to purchase in the Internet, and paper money will be replaced of digital money, and the bank will no longer exit.
thats impossible . fiat and banks wont ever be disappear because of cryptos but they will rather work all together . we need banks to issue our cash and we need cash to buy cryptos , lastly we need cryptos to buy stuff's and pay someone else over the internet . the future of real money is still going to be stable .
Today society criticizes the cryptocurrencies; virtual money vs crypto. I think real money still stable,despite the fact of goods and services are becoming digitallize. So, technology is fast growing on every area. In future, people taking the cryptocurrencies seriously.
As we all know our technology is getting more innovative from time to time and there's a possibility that because of the fast growing of our economy also, maybe sooner or later the adoption of crypto well be known and used by that time. 
I think fiat will still be there, only maybe in the future along with the development of technology, fiat will have a virtual form to follow the market which may be dominated by the digital market in the future.
Fiat will continue to exists as no country would like their currency being overpowered by digital currency unless their currency become the least used in any part of the of the world just like Zimbabwe where their currency was hardly worth anything.
Today society criticizes the cryptocurrencies; virtual money vs crypto. I think real money still stable,despite the fact of goods and services are becoming digitallize. So, technology is fast growing on every area. In future, people taking the cryptocurrencies seriously.
Whatever the scenario might be, we'll all be using the real money forever. No change in it, because each and every user give importance to bitcoin as well other cryptocurrencies as an investment and as a alternate to the traditional fiat. Maybe in future when direct acceptance of cryptocurrency increase the need for real money might diminish, but won't goes off.
I think it will be a bit useless because we already know the answer, we live in a country and under state rules. and fiat or real money is owned by the government, of course they will require us to use it at any time even as technology advances, crypto will still be an option because rules and regulations prevail over everythingI dont think bitcoin need regulation is used as currency. Bitcoin is peer to peer cryptocurrency and its both side agreement. Its true regulation needed but i think its on trading regulation
Whatever the scenario might be, we'll all be using the real money forever. No change in it, because each and every user give importance to bitcoin as well other cryptocurrencies as an investment and as a alternate to the traditional fiat. Maybe in future when direct acceptance of cryptocurrency increase the need for real money might diminish, but won't goes off.
I think it will be a bit useless because we already know the answer, we live in a country and under state rules. and fiat or real money is owned by the government, of course they will require us to use it at any time even as technology advances, crypto will still be an option because rules and regulations prevail over everythingI think fiat will still be there, only maybe in the future along with the development of technology, fiat will have a virtual form to follow the market which may be dominated by the digital market in the future.
Yes it will still be available since every country have their own fiat money. There will be a great adoption with regards to the currency financial system, and for sure cryptocurrency will be partnered with fiat money and that makes a better system. The future of real money is still good and it will not die.
I think fiat will still be there, only maybe in the future along with the development of technology, fiat will have a virtual form to follow the market which may be dominated by the digital market in the future.
Many people still not understand how to use digital e currency payment and make real cash money keep exist at the future, many time we got real cash money will be keep using by people forever and have easy to use it.
therefore, 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 goodAgree with you, the use of paper money is popular now but I think in the next 10 years, the people will change to use digital currency to purchase in the Internet, and paper money will be replaced of digital money, and the bank will no longer exit.
[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 usage of normal currency introduced little by little and days are going definitely the future will not be in the real money currency system it will be a different kinds of money circulating in all over the world it makes lots of differences 2 year combined society I think it will be work in the future. Many people still not understand how to use digital e currency payment and make real cash money keep exist at the future, many time we got real cash money will be keep using by people forever and have easy to use it.
therefore, 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
The function of faint paper money may not be totally eroded in the future but the dependence on it may reduced because digital currency is going to be used to carry out major financial transactions in the future. The cryptocurrency is going to take the place of paper money and at the end reduce the level of dependence on the central currency.
Many people still not understand how to use digital e currency payment and make real cash money keep exist at the future, many time we got real cash money will be keep using by people forever and have easy to use it.
therefore, 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 Jump to: