Post
Topic
Board Economics
Re: The future of the paper money
by
izlevinv
on 13/11/2016, 01:53:11 UTC
Paper money is relevant in the future through bitcoin transaction.
I dont think paper money will be remove in the future as this is
being used already. However, lets admit thats its really helpful
 to all bitcoin users.
I think though true digital currency will be more popular in the future but I'm sure it will not be disappearing to make paper money, because paper money will always be needed for offline activities

If they change paper money to a digital system where paper money wont be used anymore then there would be no use of paper money even in offline activities, but no one can say for sure that bitcoin will be that digital system of replacing paper money system.
I think digital currency like bitcoin are good only for alternative just like atm if they have no money to pay they can give atm to buy and shops in malls.. but paper but you can not use in far places without signal so paper money should be stay and use by people because its valuable..

The fact is people are used to paper money as they are using it since beginning and there is no way it can disappear in future as it holds support from the Government and they will never allow any digital currency to replace their national currency, more people will start using bitcoins in future but only as an alternative to paper money.