Topic: Will future paper money disappear? - page 10. (Read 2489 times)
BTCs are now worthless, they can not afford cash because they are too risky to hold, They do not have the same high liquidity as paper money. So they will never be able to replace cash.
I do not approve of this. In my opinion, we are witnessing an advanced technology from the crypto market, which has many benefits and effects in life. However, it can not replace fiat for many reasons. Fiat will continue to exist and develop. It is a successful tool of the government to reform and operate the economy, regulate social stability and create balance. Fiat is really important and familiar to us.
paper money will remain in every country because its benefits and functions are more common, and can be used in all aspects of transactions can not be replaced by other functions such as bitcoin and altcoin but both can coexist and complement each other in economic life
will never disappear. as well as cash transactions, paper money is also the identity of each country. so despite the development of sophisticated technology about transactions, paper money will continue to survive.
The process of completely abandoning paper money will be lengthy and gradual. Tradition of paper money for many years and abandoning it will be a complex process. Somehow this should have happened one day
Paper money will disappear completely when it is more convenient and faster to pay with cryptocurrency. Unfortunately, until things are different. But still all ahead and then there will be a real boom of cryptocurrencies.
Probably not due to its sheer simpleness and familiarity. Cash money will not disappear. There will be always demand for paper money. People still like hard money and do not trust the banks or the government. Also, crime organizations will ensure that paper money stays around. However, the amount of paper money will keep decreasing with development of technology...
Yeah, this is a real issue and it is going to take at least few decades to make internet available for everyone whether he or she is from some developed state or not. Even there is a good percentage of people in the developed states who are unaware of internet or even if they know about it, they are not interested in using social apps or things like that. So we first need to make people use web to introduce them to crypto market.
Thru the technology this is not possible to disappear the paper money or coins, nowadays we see that they gradually disappear and change the mode of payment thru cards, points, and also you can trade money with ATM cards, I think it's not possible that in future we do not use paper money and coins instead we use high technology like bitoj of cryptocurrency for trading, buying something. And even transaction they preferred to use digital money instead of paper money.
With the development of cryptocurrency, more and more places accept bitcoin. In the future, will paper money disappear, and the money that people earn will be given to you in encrypted form, and the purchase will be paid in encrypted form?
Please give your opinion.
Please give your opinion.
Maybe it can be happen that paper money will dissapear. With technology advance, many people connecting internet, everybody can make transaction globally with more easy and without using money and using bitcoin or other cryptocurrency. Transaction using digital money is already common on our sociality
I'm a faithful believer that it will not disappear and that it will coexist along with the cryptocurrencies, although I do not remove the side or the possibility that it disappears and that in 20 years I will be displaced by cryptocurrencies.
Yes, this is because of the full guarantee of the country, paper money is the symbol of the country so the country will do everything to make paper money survive, besides with paper money then everyone can transact.
There is an evolution in the fiat money because for example, now most of the countries has plastic money and i gues that in 20-25 years the so called paper money will vanish because they are expensive and dirty.
I'm a faithful believer that it will not disappear and that it will coexist along with the cryptocurrencies, although I do not remove the side or the possibility that it disappears and that in 20 years I will be displaced by cryptocurrencies.
I guess it will not happen anytime soon, even though people already used mobile money or e-money still majority of the worlds population using paper money for everyday transactions. Not everyone have access on wifi and gadgets.
I do not think so. Cash money will not disappear. There will be always demand for paper money. Coins and paper currency remain the most popular ways to pay in most countries. Paper money can be used by everyone without needing Internet system. Internet system won't be available everywhere and forever, that's why cryptocurrency won't replace paper money.
In the third world country, paper money is still most useful even at height of online payments and transactions. That's because it doesn't require any expensive devices and wifi.
With the development of cryptocurrency, more and more places accept bitcoin. In the future, will paper money disappear, and the money that people earn will be given to you in encrypted form, and the purchase will be paid in encrypted form?
Please give your opinion.
could happen, because in my country also set the money card / e-card. so if the paper money is gone I think maybe. not just crypto why but e-card too Please give your opinion.
Paper money will be less and less, but their replacement is likely to be in the electronic equivalent. Cryptos will receive a share of the payments market, but will never replace the money
yes sure already the use of bitcoin is now getting higher than the paper money so I know in future we will see that bitcoin is getting better than paper money in our society, gradually bitcoin is increasing in price but we will have to hold with high amount of patience, in my place bitcoin is replacing paper money because the use of bitcoin is much more than paper money for daily shopping and for online payment as well, increasing price of bitcoin is asking us that investing in bitcoin is full of profit.
Paper money will be less and less, but their replacement is likely to be in the electronic equivalent. Cryptos will receive a share of the payments market, but will never replace the money
yes sure already the use of bitcoin is now getting higher than the paper money so I know in future we will see that bitcoin is getting better than paper money in our society, gradually bitcoin is increasing in price but we will have to hold with high amount of patience, in my place bitcoin is replacing paper money because the use of bitcoin is much more than paper money for daily shopping and for online payment as well, increasing price of bitcoin is asking us that investing in bitcoin is full of profit.
Maybe yes maybe no, I love to stand at the middle. We do not know the exact thing waiting for us in the future, if the to stop the existing of the paper money makes the world better then that will be great for everyone of us. But the truth is, not all countries or some parts of a nation are totally aware of the modern system. So to eliminate the paper money could not be a helpful step for them and this should need to be consider.
With the development of cryptocurrency, more and more places accept bitcoin. In the future, will paper money disappear, and the money that people earn will be given to you in encrypted form, and the purchase will be paid in encrypted form?
Please give your opinion.
Please give your opinion.
I think paper money will never disappear. Paper money can be used by everyone without needing internet system. internet system won't be available everywhere and forever, that's why cryptocurrency won't replace paper money. all they can do is reducing the circulation of paper money, replace it to fiat money. less cash, not cashless like what is happening in Scandinavian countries.
Jump to: