I think so, because if in the future continue to use paper money then the forest inventory on this earth will be exhausted because it continues to be used as a material of paper money, and we know what will happen if the world without forest. but if we use digital money, there will be no more tree felling for making paper money, so this digital money is considered more environmentally friendly
I am sure paper money will not be disappear, and will still be used. paper money is now the ideal form of money. in addition to being easy to under, it has also become a habit, and the whole world is using paper money as a medium of exchange.
Topic: Will future paper money disappear? - page 22. (Read 2442 times)
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 bitcoin will not be able to replace paper money because every country has a different currency and not everyone can access bitcoin and use bitcoin so paper money will still be a currency that will always be used and accepted anywhere as payment
I think so, because if in the future continue to use paper money then the forest inventory on this earth will be exhausted because it continues to be used as a material of paper money, and we know what will happen if the world without forest. but if we use digital money, there will be no more tree felling for making paper money, so this digital money is considered more environmentally friendly
I am sure paper money will not be disappear, and will still be used. paper money is now the ideal form of money. in addition to being easy to under, it has also become a habit, and the whole world is using paper money as a medium of exchange. 
I think so, because if in the future continue to use paper money then the forest inventory on this earth will be exhausted because it continues to be used as a material of paper money, and we know what will happen if the world without forest. but if we use digital money, there will be no more tree felling for making paper money, so this digital money is considered more environmentally friendly
I don't think this will happen in the next years or decades. Paper money has been used by all of the people worldwide and it has been used in all of the transaction in the world.
I don't see paper money to disappear but rather both paper and digital money will be use in the future so that if people who don't have access into internet then they can use paper money to buy something and vice-versa.
We are in the world of technology right now and we are slowly evolving and i think that the government already notice that kind of behavior for this era. So we can easily expect that the paper money will surely evolve to and maybe they will make it digital to make things easier and more convenient and that is how paper money will disappear. I don't see paper money to disappear but rather both paper and digital money will be use in the future so that if people who don't have access into internet then they can use paper money to buy something and vice-versa.
I don't think this will happen in the next years or decades. Paper money has been used by all of the people worldwide and it has been used in all of the transaction in the world.
I don't see paper money to disappear but rather both paper and digital money will be use in the future so that if people who don't have access into internet then they can use paper money to buy something and vice-versa.
I don't see paper money to disappear but rather both paper and digital money will be use in the future so that if people who don't have access into internet then they can use paper money to buy something and vice-versa.
No fiat won't disappear, maybe if poverty is stopped because not everyone could afford to own crypto wallet and others aren't that knowledgeable enough to understand how crypto works. Plus it'll be harder to determine the real value of bitcoin/crypto if fiat suddenly disappears. Paper money still has some pros for example when there's no power in your place.
At some point in the financial system's evolution and the advancement of technologies aiding banks to better serve their customers, paper money will be used less and less until money printing obsoleted.
But what replaces it will not be what you think. It will be a centralized digital currency issued by the central bank which is not private, not immutable and not under your control.
I get what you are saying. But the fact that bitcoin may replace the fiat system is quite hard to really happen because it is not yet accepted by the government. The acceptance of people have great advantage but it does not guarantee that it can replace anything that the government have set. Besides, if this will have, this has to be implemented to the whole world.
No fiat won't disappear, maybe if poverty is stopped because not everyone could afford to own crypto wallet and others aren't that knowledgeable enough to understand how crypto works. Plus it'll be harder to determine the real value of bitcoin/crypto if fiat suddenly disappears. Paper money still has some pros for example when there's no power in your place.
At some point in the financial system's evolution and the advancement of technologies aiding banks to better serve their customers, paper money will be used less and less until money printing obsoleted.
But what replaces it will not be what you think. It will be a centralized digital currency issued by the central bank which is not private, not immutable and not under your control.
I get what you are saying. But the fact that bitcoin may replace the fiat system is quite hard to really happen because it is not yet accepted by the government. The acceptance of people have great advantage but it does not guarantee that it can replace anything that the government have set. Besides, if this will have, this has to be implemented to the whole world.
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 think that is quite impossible to happen. Bitcoin is made to aide paper money so it could be in its best form. Bitcoin is an aide but it also have flaws itself. It has so many holes and that is why we experience a very volatile cryptocurrency. The acceptance rate is still low considering its big boom last year. It has good characteristics yet nome of those can give an independent form of currency, independent in a sense that it would not need paper money anymore.Please give your opinion.
Just if there's more capital come to bitcoin, it will surely become less volatile and immune to market manipulation.
Absolutely, fiat or paper money will be obsolete very soon. We are going cashless. Digital currency are now introduced slowly. Soon money will be transact via computers or mobile.
It may happen. Like in the movies, far away in the future, everything will be all about technology. It's not weird if we won't use paper money instead, and use cryptocurrency, or even maybe there's a new type of a currency.
But i bet it won't happen near future. Not for 10-20 years later. There are still many countries who can't adapt the technology development yet, and there're still many countries that ban and don't support cryptocurrency.
So i don't think it's gonna happen soon, but i bet it will happen, far in the future.
But i bet it won't happen near future. Not for 10-20 years later. There are still many countries who can't adapt the technology development yet, and there're still many countries that ban and don't support cryptocurrency.
So i don't think it's gonna happen soon, but i bet it will happen, far in the future.
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 think that is quite impossible to happen. Bitcoin is made to aide paper money so it could be in its best form. Bitcoin is an aide but it also have flaws itself. It has so many holes and that is why we experience a very volatile cryptocurrency. The acceptance rate is still low considering its big boom last year. It has good characteristics yet nome of those can give an independent form of currency, independent in a sense that it would not need paper money anymore. Please give your opinion.
You can see that at the present time, payments are now made more on the Internet, as people have switched to online payments than paying cash for their inconvenience when paying a large sum of money. So in the future, I think paper money will only account for 5% of the transaction, and the remaining 95% will be made on the Internet.
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 may think that it will happen if we all accept this currency including small businesses. As long as some areas won't have internet to access these and mostly establishments never accept these, it can't be totally realized.. Please give your opinion.
Paper money is increasingly gonna be extintc, but it may take several decades because the whole infrastructure of online payments need to evolve first.
Paper money will be gone ang it will replace by digital money in the future, even now we are using digital curenccy.
I think no. Fiat currency wont go because it is already a playform where every nation, country accepts and is very stable. And it is a currency where every one understand. Mybe crypto currency will take a percentage in circulation but not totally used.
I'm nearly 100% sure in that - people already try to avoid paper money in different ways; in near 10-20 years we won't see them at all I think.
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 the best case scenario that is what will happen but I have my doubts that scenario will materialize and the reason for that is very simple, many people are unable to use technology the way we do, they know how to do some stuff with it but as soon as you ask them to do something differently they are lost and I think that is going to happen with bitcoin besides I'm not really sure people are ready to take the full responsibility of their money Please give your opinion.
In the future, of course, there will be no place for paper money, but it is too early to talk about it. Technology does not yet allow you to fully switch to e-currency and not all people are ready for this
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