Crypto currency can not completely replace the fiat money. Bitcoin is not a full currency. It is not backed up or protected. It does not have a fixed value. Crypto currency today only exists to maintain the fiat money. Today, not all shops and banks accept crypto currencies. In the future, electronic money will become more widespread. They will exist in parallel with Fiat.
Topic: Will future paper money disappear? - page 34. (Read 2489 times)
I don't think it will happen in our country or it will be intact because in our country the economy are not growing for now because not all people are using this kind of digital money because there are many poor family's does not connect to internet that's why economic growth of our economy can be prevented.
Paper money will dissappear? Actually, its hard to happen this year because as we see. There are still people who does not recognize bitcoin and never in their life realize or experienced the good effect to their practical application, maybe they need to educate and learn more about how it works in real life.
It's not easy to make everyone must use digital currency. if you want to use only digital currency then the price of the currency must be stable and it should be accepted by your government. not everyone is educated in this world and still, in some countries people don't know how to use the Internet. many issues are there i think in next generation also it is not possible. 
Come on men! I do not think paper money will be lost LOL
howsoever paper money has existed long before digital currency existed. indeed lately digital currency has been much talked about many people and many positive news that digital money will be the currency of the future. although this news is true, I will not believe that paper money will be deleted / lost. In my opinion digital money will not exist, without the presence of the previous banknote. yeah, this is called technological development.
howsoever paper money has existed long before digital currency existed. indeed lately digital currency has been much talked about many people and many positive news that digital money will be the currency of the future. although this news is true, I will not believe that paper money will be deleted / lost. In my opinion digital money will not exist, without the presence of the previous banknote. yeah, this is called technological development.
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.
Why should one have to disappear if they can co-existed? I don't think Bitcoin/cryptocurrency will make paper money disappear just because more people, businesses and services are now accepting Bitcoin. Cryptocurrency like Bitcoin can be an alternative payment system that can make money transaction faster and cheaper but the problem is not all people can have an access on this technology, like those unfortunate people and if paper money will disappear how can they be able to buy their needs? I doubt that government will allow that to happen. Like what I have said cryptocurrency and fiat/paper money can co-existed so this should not be an issue. Please give your opinion.
Paper money will dissappear? Actually, its hard to happen this year because as we see. There are still people who does not recognize bitcoin and never in their life realize or experienced the good effect to their practical application, maybe they need to educate and learn more about how it works in real life.
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.
Paper money will not disappear because it is the most easy way to use than Crypto currencies. Money can be use anywhere unlike Crypto in which it will need the power of internet, computers and the most important is that the user should know how to use the digital transaction. Unlike money everyone can use that even the children know how to use it directly so therefore it is very impossible for the money to be obsolete.
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 dont think so. When credit card was invented, it didnt stop anyone from using money. When debit cards or atm cards were created money didnt disappear. So now crypto currency, private and anonymous and untracable transactions , this may ring a bell to everyone and making us want to have it but mostly, the reason why people want bitcoin is because it gives us more money than what we put in. Most people use bitcoin as investment and not for day to day transactions.
Paper and coin currency have been with us for thousands of years, but many believe that cash will cease to exist in the coming years, because of environmental initiatives to reduce paper and plastic consumption. Nearly every consumer worldwide owns a credit or debit card, allowing them to make purchases seamlessly using a swipe of reusable plastic. Bitcoin, a crypto-currency, and other contactless payment options make it seem likely that cash is well on its way out the door. The thing is, people have been predicting the demise of physical currency for decades, but money keeps on printing. Regardless of these contactless currency initiatives, cash is still holding strong worldwide.
Paper money will not disappear although I think in the future more people will use digital cash, I also do not agree that Bitcoin or altcoins will be replacing Fiat even in the far future.
In some countries in Africa some people there do not have even a cellphone and they do not know how to use the internet. How can they use crypto or digital cash.
In some countries in Africa some people there do not have even a cellphone and they do not know how to use the internet. How can they use crypto or digital cash.
In the current situation I think paper money will not disappear. There are many things to consider and in reality it's not easy to be used this online currency. Because others can't adopt easily this online currency and paper money is still the original use even in the future.
I don't think cryptocurrency will replace the overall usage of paper money. There will still be a need for paper money for small financial transactions. In the future, there maybe large percentage that will use cryptocurrency and the rest will be paper money.
I think eventually yes, it will be replaced by digital money but there are still many years to reach that point especially throughout the world.
But in most established countries, it may happen sooner.
But in most established countries, it may happen sooner.
Use credit card is an attempt to minimize the use of paper money, people are begins to realize that the use of paper money is not suitable for the needs of further transactions as required by entrepreneurs who work together all over the world. But this does not mean that physical money will disappear altogether. The weakness of paper money is the inability to to inflation and the lack of intrinsic value. So the highest probability is that paper money will be replaced by gold and all digital fiduciary currency such as usd, yuan or others will be based on gold. Cryptocurrency will not makes paper money dissapear because the volatility will prevent merchants to accept them.
I haven't thought so far, if I see in my logic, yes cryptocurrency is needed by humans in the future and people will need it already facilitate in all its activities. In the other hand, every human have a government that will manage everything and every government has its own currenvy so they will not let cryptocurrency evolve because it will make their currency disappear. It will not happen cryptocurrency will make paper money disappear.
I think with the development of the world, paper money will be gradually eliminated.
With the development of science and technology, people can freely use their own encryption money, shops, supermarkets, food markets, encryption will be used in all corners.
With the development of science and technology, people can freely use their own encryption money, shops, supermarkets, food markets, encryption will be used in all corners.
Paper money will never disappear unless the government allow to. Changing paper money into cryptocurrency will take a lot of time and changes on the economic system. Besides, the bank is still not considering cryptos as a form of currency, and there are some countries who already banned cryptos and some imposed crypto exchanges.
can be. because of the growing technology, all of them are using digital. there is the possibility of paper money going to disappear in the future
Are not,. I do not think paper money will disappear in the world, Crypto is not the currency used to trade and exchange goods everyday in the market. I think BTC is only used to pay for cross-border contracts, which makes it quicker and easier. I do not think they will replace cash.
Paper money or fiat currency still exists in future comes even it's the world of cryptocurrency we live in today. It will never disappear because not all people are aware of digital currency and if such government still not trusting cryptocurrency then we will able to use the old paper bills.
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