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Topic: Will future paper money disappear? - page 21. (Read 2500 times)

hero member
Activity: 2408
Merit: 584
March 30, 2018, 02:58:09 PM
I am sure that in future Bitcoin will more popular and the paper money will be no more, it can be placed in museum only.
That is how I think too about this matter. With time, the money methods have been changing. First, there was only barter system, then gold coins were introduced which were replaced by paper money due to the changing needs of people. Now we are living in a world where technology is evolving every second and it is effecting every aspect of life. There is no way people will stay with paper money forever. Digital currencies are according to the present requirements of people. It would take some time but paper money has no future.
newbie
Activity: 210
Merit: 0
March 30, 2018, 02:54:10 PM
It's possible, but at not in the near future. I mean yes, technology is moving forward at such an advanced rate and we can more or less predict how that will affect our lives as we live with it. But consider this, before we can only transact with banks via passbooks. Then came ATM's and credit cards that made banking and managing our finances easier. Sure, it's still based off fiat and those wouldn't really work if we don't have any cash in banks but it's still technology at work in my opinion. Some regions are already adopting the idea of digital currency but for the moment, that won't be enough to replace paper money...or even in the immediate future.
member
Activity: 322
Merit: 10
March 30, 2018, 01:38:19 PM
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.

I am believe that in the future, people will using digital money or cryptocurrency. People always seek thing that help them to do their activities and cryptocurrency is more safe than paper money
I do agree with you soon we will see the only currency that people will use to make money and to buy thing they needs in life, bitcoin is being famous at international level because more and more people are getting into crypto currency, people prefer to use crypto currency than paper money, paper money does not give them anything  but only we can use it for the cause of purchasing but we cannot rely on paper money as saving, if we will save it will get rust only but will not grow, but crypto currency use to grow very high it gives profit and it gives future as well.
full member
Activity: 1232
Merit: 143
March 30, 2018, 01:29:47 PM
Money in paper and something millenarian and has been passing from time to time always resting the new technologies and new means of payments, added to that the factor trust that and what does something have value will not let the paper money disappear so soon of the market .
member
Activity: 280
Merit: 10
March 30, 2018, 01:18:15 PM
I think that in the future the paper money will disappear because the cryptocurrencies will be the new type of the currency or money that we will be using in the future. More and more people are now getting into cryptocurrency so it is really obvious that it is the future that we are heading to so just be with the cryptocurrency and don't lose hope even the price is going down because it will be alright again soon.
Too early to talk with that but many believe that it will happen obviously people who are in cryptocurrency now like crypto to replace paper money. I am watching some videos and it say cryptocurrency and those physical metals and minerals will next to dollars because of continued falling of dollars.
It is not very early mate as today everything is all upon digital system so if we are thinking that our currency is gradually turning to the digital currency no more paper then it is very fair statement. Dollar is not very common anymore; people prefer to use digital currency for making investment and to get everything they want. We can buy all domestic and all kind of goods with bitcoin, several market are accepting bitcoin and several schools are accepting bitcoin as payment of fees and they are making bitcoin a part of yearly course as they know the worth of bitcoin against dollar now.
newbie
Activity: 25
Merit: 0
March 30, 2018, 11:32:09 AM
My honest opinion would be yes. And why yes? It is very simple. In the past the use of silver and gold was done always since it is the given to people in exchange of goods that we will buy before we use paper money. Nevertheless, further in the past before the use of gold and silver primitive people used stones and shells in their barter exchange. Now, since human are slowly being introduce to cryptocurrency and the mode of payment nowadays are online there is no doubt the paper money will be gone and will be change by bitcoins and other online currency. Actually as I end this, we are very fortunate that we are members of this forum since it will teach us and open our mind as we prepare to the change that will happen in world of money and currency.
newbie
Activity: 98
Merit: 0
March 30, 2018, 11:26:06 AM
Due to technological advances, people want speed and security I agree with what you say example now many of us prefer to use debit in appeal with cash to pay,
Perhaps, in the not-so-distant future, paper money can be lost, but for now, people tend to have a sense of security in having something if they can hold it physically.
full member
Activity: 560
Merit: 107
March 30, 2018, 11:14:42 AM
For me, real money can’t disappear, yes the acceptance of bitcoin and some cryptocurrency is growing but compared to real cash the acceptance of bitcoin, and another cryptocurrency is still very low. We all know that some country already bans and prohibited bitcoin and another cryptocurrency because of the reason that they have there own currency. Also, real money can’t disappear because most of all people use real money to their daily expenses and more, even bitcoin is popular there are still plenty of people don’t use bitcoin because of some reasons.  Smiley
member
Activity: 294
Merit: 10
March 30, 2018, 08:16:31 AM
I think not, Bitcoin is different from paper money. Paper money will remain in use, because the use of paper money is easy. unlike Bitcoin which uses how to use the internet, Bitcoin and Banknote will run according to their respective usability. I also feel that traditional people will be easier to use Paper money than Bitcoin.

I also think that way. It would be difficult if bitcoin became a medium of exchange in every transaction to replace paper money. because bitcoin values ​​tend to change and are less practical for daily shopping payments or not everyone understands about crypto.so I think paper money will not disappear and people still choose paper money as a medium of exchange.
I think paper money will not disappear in a future ahead but it will reduced paper money because probably  currency will exist and having good exchange payment through internet transactions. Cryptocurrency is easy and fastest way to transact than fiat money. But I think paper money is also useful for the people who are not totally know about transaction of the currency.
full member
Activity: 378
Merit: 103
March 30, 2018, 08:02:45 AM
I think not, Bitcoin is different from paper money. Paper money will remain in use, because the use of paper money is easy. unlike Bitcoin which uses how to use the internet, Bitcoin and Banknote will run according to their respective usability. I also feel that traditional people will be easier to use Paper money than Bitcoin.

I also think that way. It would be difficult if bitcoin became a medium of exchange in every transaction to replace paper money. because bitcoin values ​​tend to change and are less practical for daily shopping payments or not everyone understands about crypto.so I think paper money will not disappear and people still choose paper money as a medium of exchange.
legendary
Activity: 1344
Merit: 1251
March 30, 2018, 06:58:41 AM
Hi,

This would be interesting, indeed!

But I don't think this is possible for the moment, and even in the near future. Using encrypted money for big transactions is interesting, but I don't think it is convenient for daily shopping.

So, I see your idea but... paper money and metal coins still have some time!
jr. member
Activity: 317
Merit: 1
March 30, 2018, 04:50:39 AM
in my opinion it is not possible, although now cryptocurrency is growing I am sure the existence of paper money will still exist. because although this paper money has been in use since the first, and paper money is easy to use. Traditional people also do not understand about Bitcoin, but they prefer to use paper money!

Currently there are still countries that oppose cryptocurrency and what makes crypto difficult to replace fiat easily. I do not think fiat will disappear in the future given the fact that bitcoin has not yet reached global acceptance
newbie
Activity: 164
Merit: 0
March 30, 2018, 04:27:25 AM
It maybe disappear paper money but I think it will take a long process to be done before it will replace to bitcoin,there are many things to consider in changing paper money to bitcoin.
hero member
Activity: 980
Merit: 502
March 30, 2018, 04:16:45 AM
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.
It’s true that bitcoin has gained a lot of popularity and users since it had started but still I don’t think that bitcoin will be able to replace paper money and because of bitcoin paper money will come to an end this is because firstly, paper money is way more popular than bitcoin and also it has way more users than bitcoin. Then paper money is accepted everywhere whereas bitcoin is not accepted everywhere. Then people trust paper money whereas they don’t trust bitcoin.
full member
Activity: 448
Merit: 100
CRYPTOCITIZEN $CCASH
March 30, 2018, 03:58:29 AM
I am sure that in future Bitcoin will more popular and the paper money will be no more, it can be placed in museum only.
sr. member
Activity: 704
Merit: 270
March 30, 2018, 02:43:00 AM
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.
In my opinion the answer is yes. But it take some years to happen Grin. Because many still not know how to use online money and what benefit provide by it. And many people in developing country still not have a bank account. In this Morden society digital currency is highly use then that of fiat currency. Because it is safe, secure and its transaction is uninterrupted. Digital currency are easily accessible anywhere anytime. Many government encourage their people to use digital money like Bitcoin or their country own currency in digitally by smart phone application, debit card, credit card etc.  Smiley
full member
Activity: 364
Merit: 100
March 30, 2018, 12:48:25 AM
i think paper money is also playing a vital role in the country economy and like the paper money is using for the poor people and those who are not able to use internet they are unable to do any thing with crypto and i would like to use crypto for the future payments and the paper money will be used for offline transaction while the crypto will be use for online transactions.
sr. member
Activity: 896
Merit: 268
★777Coin.com★ Fun BTC Casino!
March 30, 2018, 12:11:47 AM
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.
In my opinion bitcoin will never replace paper currency. Paper currency has a never changing value and thats what makes it dependable. Bitcoin can be an alternate way to pay from different stores, but it is far from replacing a countries money. Paper money can only be removed if electronic currency will be possible.
full member
Activity: 336
Merit: 101
March 29, 2018, 11:58:34 PM
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.
People will just give you the YES answer without even thinking twice on the possibilities of such taking place. Such thing will never happen, no matter how advanced the technology or whatever internet blahblahblah… just know that it won’t be happening cause paper money is very important, they are even the main money cause they have been around before we even started talking about internet and techs. A world where there is no paper won’t be in favor of most people. You yourself won’t like it.
member
Activity: 576
Merit: 43
March 29, 2018, 11:35:24 PM
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.

yes you are right the future of paper money will disappear because the condition of paper money for the transaction seems now is not too safe and not too efficient, as the development of advanced digital currency technology to be the right solution.
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