Topic: Will future paper money disappear? - page 18. (Read 2489 times)
I thint it won't disappear , old hobbit die hard.
That could also happen. Paper money may be lost in the future. Previously, we spent money for a while then the state felt inconvenient to give up. Then the paper money instead of the pre-polymer. Right now we use both paper money and polymer money. If the future has any other currency can replace.
I dont think paper money will disappear in the future because people are already familiar with it using in any transactions but who knows what will.happen in the future is digital currency will be used by people in this world?
Consider that there are ways to put crypto on paper, such as:
1. Paper wallets with some kind of visual encryption
2. Paper with RFID or NFC chips (will be possible to do very soon)
I think we have quite a bit of time left with paper money. At least until we move to ID implants.
1. Paper wallets with some kind of visual encryption
2. Paper with RFID or NFC chips (will be possible to do very soon)
I think we have quite a bit of time left with paper money. At least until we move to ID implants.
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.
In my own opinion vanishing paper money has a little posibility because everyone is using this especially the poor. Not all people are into bitcoin and internet are very costly in our country. More people cannot access the internet as well. If we are to replace paper money we will start with the younger generation that they will learn this system.
If the time come when bitcoin will ruled the world currency and accepted by people around the world then the paper money will disappear, but for or for the future if cryptocurrency had a hard time ruling the currency of the world , then paper money will always be there until such time digital currency will be use worldwide.
Paper money will never disappear because it balance the world and what do you think those places without electricity and internet connection? How to they pay each other using crypro system?. There are many advantages of using paper money instead virtual currency in this world, maybe in the future virtual currency will reign but paper money will never fade because more people are using it. Before they implemented worldwide the virtual currency they must need to develop more secure system that hard to penetrate by the hackers or someone who has a bad intensions.
most likely the paper money will disapear... But it will take good 20 years from now to be pratical
I don't think that. I know, the development of cryptocurrency is becoming more and more popular, it has many benefits and some places have accepted Bitcoin. However, for cash to disappear is not easy. Some countries have banned Bitcoin payments; buying and paying with crypto is awkward because not everyone knows how to use them. I think the role of paper money is still very important
In my opinion, when it comes to the day our paper money will still remain because everyone does not know that when it comes to bitcoins, especially that life is poor, of course, there are other retailers who use paper money. and most of all our countrymen still have our own money
If the revolution of new technology will scatter through the very rural places in the world maybe the paper money will disappear , especially if bitcoin is to be legally adopted by all and every establishment around the world, but before this all happen the paper bill will always be there ,it will not totally vanished as medium of exchange.
With the advancement of technology, paper money can be disappear. People will adapting new technology and leaving the old one. With digital money like cryptocurrency, people will more safe because its almost impossible to hack on crypto account
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.
Future paper money can disappear if government will just allow cryptocurrency to become the major currency on the entire world but as of now there are a lot of companies who wants to remove bitcoins out of their country and most of them are banks because people are preferring to invest on cryptocurrency.
Maybe , but i think its hard to accept the cryptocurrency in the non-civilizated city or countries. Because paper money is important in the Wet market and fare for jeepneys and tricycle like here in the philippines. I think accepting only as a 2nd option or a partner of our paper money. So its very useful , because if you need paper money , you can and if you need crypto its up to you . One of the problem is all crypto need a internet connection so we need to think first before accepting. The government needs to strengthen internet sites to further strengthen the country's cryptocurrencies.
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.
Future paper money can disappear if government will just allow cryptocurrency to become the major currency on the entire world but as of now there are a lot of companies who wants to remove bitcoins out of their country and most of them are banks because people are preferring to invest on cryptocurrency.
If the revolution of new technology will scatter through the very rural places in the world maybe the paper money will disappear , especially if bitcoin is to be legally adopted by all and every establishment around the world, but before this all happen the paper bill will always be there ,it will not totally vanished as medium of exchange.
Cash is unlikely to go away soon. Coins and paper currency remain the most popular ways to pay for things in most countries. But longer term, cash appears to be in a losing battle with electronic payment methods.But the critics of cash have been met by their own critics, who argue that electronic payments can disenfranchise poor people who lack easy access to bank accounts and the internet and can make it much easier for governments and corporations to monitor a person’s every step.
In the end, though, the future of money is less likely to be determined by these arguments than to be shaped by the success of technologists making it easier for you to pay for your lunch or morning coffee without pulling out your wallet.
In the end, though, the future of money is less likely to be determined by these arguments than to be shaped by the success of technologists making it easier for you to pay for your lunch or morning coffee without pulling out your wallet.
Before the inception of bitcoin there was an internet baking in most of the countries in the world which actually plan to do away with paper money. This means the present of bitcoin, paper money will disappear very fast in just few years to come say 10 years from now.
I dont think it will disappear maybe it will lessen because cryptocurrency or digitcal money will be use in future. They cannot let paper money disappear government will never do this thing. Because this money represent different country.
You have explained one factor that is very important for the survival of paper money but there are a lot more reasons why paper money cannot perish away forever. We all know that there are third world countries who even don’t know about internet and computers. Even in the developed states, there are people who don’t like technology much and want to stay simple. All such factors will make paper money stay. 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.
In a 20-40 years there's will be just crypto money and the others will desappear!!
I totally agree with you, it's very impossible to eliminate paper money because ever sinced this is our official paper currency that everybody can possibly take advantage of it. And it is very easy to access, comfortable to carry and most of easy to deal with. Paper money will remain as it is whatever happens or even if there are lots of currencies coming in.
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.
In a 20-40 years there's will be just crypto money and the others will desappear!!
Paper money will be hard to sustain because of many weaknesses, future transactions are applicable globally, and now more and more countries are diverting from cash to digital money transactions so I'm sure that the future of paper money will disappear.
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