Post
Topic
Board Economics
Re: The future of the paper money
by
Mr.grin
on 13/09/2016, 16:37:50 UTC
Do you think that Bitcoin has the chance to also become paper money one day? Or will it just stay digital currency forever?
bitcoin will definitely not become like paper money, it is definitely a way better technology in my opinion and it is going to be way bigger
You mean to say paper money is not a better application/technology to have?
I believe bitcoin will reach the level of what paper money has achieved with financial system and also it will influence online payment system. Paper money already in struggle for it's survival. Bitcoin will boost the extinction of paper money.


Dude He mean to say that bitcoin is superior than paper money So I would agree with him and even I am believing that bitcoin is having that much potential then in future bitcoin is the first costliest stock in some years.

Bitcoin is definitely better then paper money but its hard to believe that it can ever replace paper money or make it disappear as fiat is widely used and accepted and it also holds maximum number of satisfied users.
even though we know or acknowledge that bitcoin is better than paper money, but for the community at large, I think they prefer to use paper money of the bitcoin in the real world. because the use of paper money is still said to be very easy without the use bitcoin, but in the future, I think bitcoin and banknotes have the same position in the eyes of the people