That's easy question, bitcoin ofcourse, haha.
We can only hope.
Topic: What will money and currency be like in 10 years or 25 years? (Read 983 times)
We can only hope.
That's easy question, bitcoin ofcourse, haha.
Physical cash will probably go within our lifetime in developed countries. It just makes more sense to go digital.
Yeah I dont think Cash will dissapear in 10 years from, probably Dollar coins will come into play in 50 to 10o years from now.
they will
cash can't just disappear in 10 years..
maybe in 200 years..
cash can't just disappear in 10 years..
maybe in 200 years..
I think that will be almost the same,no matter of what new way to pay will appear,people won't give up so easily paying with cash .
The question here is what form of cash will we use by then..! I'm not talking about 10-15 years from now, because I don't think it will change so drastically in in that time from but maybe after 50-100 years..! global moderator
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I am afraid. I am very afraid of that there will be only virtual currency in the future. It will be bad thing, imagine ONE big power surge, hackers attack, some sort of accident, corruption and BAM! You are nothing without power, you can't buy anything, you are basically nothing without without technology... This is really something that could happen, think about it.
Why could that not happen with our current system? Corruption really can't do anything to a decentralised network. There'll always be alternative means of power as well.
I am afraid. I am very afraid of that there will be only virtual currency in the future. It will be bad thing, imagine ONE big power surge, hackers attack, some sort of accident, corruption and BAM! You are nothing without power, you can't buy anything, you are basically nothing without without technology... This is really something that could happen, think about it.
I think that will be almost the same,no matter of what new way to pay will appear,people won't give up so easily paying with cash .
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for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything
I'd say digital money is simpler. Most money transacted is already digital anyway. And paper/coin currency will only become easier to counterfeit with better technology.
It doesn't have to be Bitcoin, but the fiat banking systems are confusing to most people nor do they understand it. Paying for something with an app would be quite simple.
You could use some sort of card just like a debit or credit, but what's wrong with using a phone? Most people carry them.
Bitcoin could really take off in developing countries. There's already some sort of mobile payment system in some of them.
Yeah. I'm sure there are other forms of payment that we're unaware of too.
for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything
I'd say digital money is simpler. Most money transacted is already digital anyway. And paper/coin currency will only become easier to counterfeit with better technology.
It doesn't have to be Bitcoin, but the fiat banking systems are confusing to most people nor do they understand it. Paying for something with an app would be quite simple.
You could use some sort of card just like a debit or credit, but what's wrong with using a phone? Most people carry them.
Bitcoin could really take off in developing countries. There's already some sort of mobile payment system in some of them.
global moderator
Activity: 3990
Merit: 2717
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for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything
I'd say digital money is simpler. Most money transacted is already digital anyway. And paper/coin currency will only become easier to counterfeit with better technology.
It doesn't have to be Bitcoin, but the fiat banking systems are confusing to most people nor do they understand it. Paying for something with an app would be quite simple.
You could use some sort of card just like a debit or credit, but what's wrong with using a phone? Most people carry them.
Bitcoin could really take off in developing countries. There's already some sort of mobile payment system in some of them.
for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything
I'd say digital money is simpler. Most money transacted is already digital anyway. And paper/coin currency will only become easier to counterfeit with better technology.
It doesn't have to be Bitcoin, but the fiat banking systems are confusing to most people nor do they understand it. Paying for something with an app would be quite simple.
You could use some sort of card just like a debit or credit, but what's wrong with using a phone? Most people carry them.
global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything
I'd say digital money is simpler. Most money transacted is already digital anyway. And paper/coin currency will only become easier to counterfeit with better technology.
It doesn't have to be Bitcoin, but the fiat banking systems are confusing to most people nor do they understand it. Paying for something with an app would be quite simple.
You could use some sort of card just like a debit or credit, but what's wrong with using a phone? Most people carry them.
for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything
I'd say digital money is simpler. Most money transacted is already digital anyway. And paper/coin currency will only become easier to counterfeit with better technology.
It doesn't have to be Bitcoin, but the fiat banking systems are confusing to most people nor do they understand it. Paying for something with an app would be quite simple.
global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything
I'd say digital money is simpler. Most money transacted is already digital anyway. And paper/coin currency will only become easier to counterfeit with better technology.
It doesn't have to be Bitcoin, but the fiat banking systems are confusing to most people nor do they understand it. Paying for something with an app would be quite simple.
for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything
I'd say digital money is simpler. Most money transacted is already digital anyway. And paper/coin currency will only become easier to counterfeit with better technology.
global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything
I'd say digital money is simpler. Most money transacted is already digital anyway. And paper/coin currency will only become easier to counterfeit with better technology.
for me, i still think money will remain majorly in paper and coin form, unless all the governments switch to digital. Simplicity beats everything
global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
What will money and currency be like in 10 or 25 years? How about in 50 years?
I doubt many people will still carry around hard cash in 10 years.
I doubt many people will still carry around hard cash in 10 years.
Yeah, there are just far too many disadvantages to paper money. I'm sure some form of digital currency will be prevelant within our lifetime.
Mobile payments with some sort of bio security features I'm sure will come sooner. Hopefully that'll include paying in Bitcoin too.
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