Re: The future of the paper money

Like many people already said is that the paper money future is not so good because it has the digital word against.
Everything these days will get digital the world is really changing.

I think you should already consider other countries that cannot adopt with digital world. And even it is widely use in developed countries but still there are other people who prefer paper money and those are people not doing online transactions.

Yeah I agree. Some country does not have a digital or Hi-tech community to adopt digital money, and the people also who loved the paper money, because it is easy to use if you want to buy something. All you have to do is to give it to the cashier and wait for your change. The paper money will not banish and it will stay forever. Cheesy

Fiat and bitcoin have it's own pros and cons.

Fiat dominates physical transactions as it was way more better than doing bitcoin transactions physically if possible.

Bitcoin (can) dominates online money transactions since at the first place that was the intention why it was being created.

Currently both Fiat and bitcoins has their own advantages and disadvantages. but as you know we are moving towards technology and bitcoin is a technology. Fiat will be left behind very soon.

Well, for big country like USA, England, Japan and many big country, it will easy for moving towards technology to use bitcoin but not all country can do this fastly.