Topic: the future real money - page 8. (Read 29409 times)
I do not believe on bitcoin is the future money. How many years had gone that the form of exchange was not being replaced? Fiat money is one of the best tool for a successful exchange. However, banks made it possible too by doing bank to bank transaction if there are huge transaction involve. But, still one need to withdraw and used fiat money where it will be used to purchase accommodities and needs.
[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 don't like that there are so many coins around because I think that the vast majority of them are useless (at least at the period we are discussing). However, this trend is something good for our society and can prove that the future is bright because we can see that something changes towards the technological advances that have come to our ecosystems.
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 onlyIt's not easy to remove paper money and replace it with digital money because everyone still trusts 100% of paper money rather than the digital currency that is in modern times today.
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 only
The use of virtual money is already in some wealthy countries where fiat is turned to digital. Any government can convert their paper money or fiat into digital currency and not necessarily a cryptocurrency. In the coming years, there will be stiff competition of two digital currencies, decentralized cryptocurrencies against virtual currencies created by the governments. With these available currencies, decentralized currencies are still the best choice if you want avoid government and bank controls.
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 everything
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 everything 
[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, indeed lately there are so many new coins that have sprung up. and I don't think all of that will affect the existing fiat money. but going forward I strongly agree that more people will transact with virtual money. because I think virtual money has many advantages over fiat money. virtual money is more efficient and practical in making transactions. but all of that in my opinion will not eliminate the existence of real currency that exists today. maybe later the use of fiat money and virtual money will run side by side in the future.
actually we do it long time ago. moreover, fiat do it too. banks system do it, make virtual payment before crypto launch, but there is have little different perception. they admit that crypto is better than bank, and its have little wrong if you compare it. why crypto better is because they can make much money, easy to earn it, give you many advantages when you use it that dont have in bank
the future of real money?
FIAT currencies have a good position in their respective countries and even they have become the identity of a country as a national currency,
so I'm sure its popularity and future still looks good, I'm sure the FIAT currency will continue to survive.
You could be right but now a day crypto currency in many countries are getting value more than real money and it is the reason some countries adopted crypto currency as real money as there is lots of income getting to country is because of crypto currency. Fiat has become just a name so I can see future of real money in dark but of crypto currency taking place of real money in china, Japan, India and now in my country as well.FIAT currencies have a good position in their respective countries and even they have become the identity of a country as a national currency,
so I'm sure its popularity and future still looks good, I'm sure the FIAT currency will continue to survive.
It's already happening that we're making virtual payments.
Basically the first transaction virtually didn't happened through crypto, it was done made from a banking tied service and with another third party agency that took days before receiving the payment.
What's good with crypto now is we can receive these payments quickly and with lesser fees.
Basically the first transaction virtually didn't happened through crypto, it was done made from a banking tied service and with another third party agency that took days before receiving the payment.
What's good with crypto now is we can receive these payments quickly and with lesser fees.
the future of real money?
FIAT currencies have a good position in their respective countries and even they have become the identity of a country as a national currency,
so I'm sure its popularity and future still looks good, I'm sure the FIAT currency will continue to survive.
You could be right but now a day crypto currency in many countries are getting value more than real money and it is the reason some countries adopted crypto currency as real money as there is lots of income getting to country is because of crypto currency. Fiat has become just a name so I can see future of real money in dark but of crypto currency taking place of real money in china, Japan, India and now in my country as well. FIAT currencies have a good position in their respective countries and even they have become the identity of a country as a national currency,
so I'm sure its popularity and future still looks good, I'm sure the FIAT currency will continue to survive.
You are right with your thinking , because when mobile money was introduced many people go against it but today I can boldly say that 80 percent of people are using it now, so I have that believe that virtual money is going to be acceptable as a means of payment when people get to know and understand it.
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.
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.
real money if in my opinion has a good future because real money will never be eliminated in this world even though there is digital money that is very easy to use as a means of transaction
Due to the existence of cryptocurrency payment method become easier without using a real money. Some online shopes accepts virtual payment. Cyrpto has a difference on Online Banking because it's still using a real money transmitted to another account. The real money will forever exist because some of the people in world doesn't have access to internet. It is good to use virtual money as a payment because it's smooth without any hassle.
There is no doubts about the fact that the future of payment is with virtual or digital currencies. It has already began with numerous of people across the globe switching from paper money to digital currencies which can be stored on a single wallet or credit card. Cryptocurrency surpasses the other forms of digital currencies because it is more safer, transferable to anywhere across the globe, owner control over transactions (no third party involvement) and less cost for transactions.
The future real money is digital currency. I mean its bitcoin or anyother cryptocurrency. Nowdays digital currency quite popular in the wrold. So future people will use cryptocurrency. Bitcoin and altcoin is peer to peer currency. In near future all currency in the wrold will go down and all people will use digital currency. To use digital currency is vesy safe. So future people will must use digital currency in future. So I think Bitcoin and altcoin will be future currency. Future people never use real money they will use digital currency. Because digital currency will less all cost. So future money is bitcoin and altcoin.
Thank you.
Thank you.
[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 don't think so, I don't think that this will apply soon. Even if there is a lot of altcoins popping u that does not mean we can already have a virtual money payment in the future. It will still have a long long way to make it happen and this can be a big adjustment to us. So fiat will still be our money. Jump to: