Re: The future of the paper money

Paper money is all love and use. They are very popular. and yet very few people know about Bitcoin. that is why in the future, all paper money will also be live

That is not true. Macbooks may be popular now but something better than a Macbook may come out in the future and replace the macbook for apple users. Or Xbox may be replaced by something better. Same goes with curencies.

Paper money is worthless, and will be dead.

Yes, paper money is become worthless. Thats happen to bolivar, it is price is 1 dollar = 82 bolivar a few time ago, but the the price is down, the price is 1 dollar = 676 bolivar now. So people were make demand to change 141 million bolivar into bitcoin and 117 million bolivar into usd. Some of countries were have a problem with their fiat then they looking for alternatif to safe their wealth. Paper money is do not have a future.

The problem here is that the president wont allow anyone to exchange from local fiat where he has plenty control over it, to something he cant control as bitcoin, i know the people which live there need stability but as long the governements doesnt change they wont be able to have a normal life with those inflations rates.

That's true.. most countries will not agree to any changes when it comes to their currencies because this may take a lot of work.. instead, they will just simply adapt using bitcoin as an alternative way for transaction but not replacing their own currency.

If they want to change their currency into a bitcoin was easy, but it will never happen because the currency is a symbol of the country and certainly the government will not allow it happen.

Besides the wall that the countrie will put into such attempt to change of currencie, its hard to believe a currency can be replaced, it can join a group like euro made and instead of 5 currencies turn into just one.