Quote from: Positid on October 28, 2016, 06:04:26 AM

Quote from: The_Dark_Knight on October 27, 2016, 10:12:55 PM

Quote from: Qastessa on October 24, 2016, 05:36:57 PM

Quote from: The_Dark_Knight on October 22, 2016, 08:26:55 PM

Quote from: Supercrypt on October 21, 2016, 04:54:25 PM

Quote from: Doms on October 21, 2016, 08:27:31 AM

Although we are entering an age where everything has its digital version, I don't see the paper money being obsolete. It is still nice to have physical forms of money. The increasing transaction counts using digital money and online payment has reduced the need to bring cash but there are still things that are better off being paid by paper money.

Of course, the use of paper money will still be practiced as there are situatio or good/services that will require a must to be transacted using paper money. No matter how civilized or advanced that the word may become, paper money will still be needed to make some forms of transaction.

Personally I disagree, payments are becoming more and more digital, just look at bitcoin and electronic currency, the tendency is that cash is disappearing, and in the future theres a big chance that in developed countries cash will no longer exists

Within that trend, it is possible that the bitcoin will be the major global currency gradually. the price will also rise.

Obviously since this is a bitcoin forum I think that is something most of us are expecting but there are a lot of unknowns along the way, for example a new revolutionary coin could come and left bitcoin in the dust.

Then we move on, we are already here in the crypto world so we know that will happen since it is possible. All coins here are just living due to the trust of the people and if we loses our trust with bitcoins then it would definitely be replace by other crypto assets.. What is important is we will just enjoy what we have now and in overall crypto world are profitable..

That is easier said than done, if an altcoin crashes I dont care since I only have bitcoin, but if bitcoin crashes even if it is because another coin has proven to be superior I will take my time and see if I will get into this currency and in think I will not be alone in this.