Post
Topic
Board Economics
Re: The future of the paper money
by
Skarner21
on 01/12/2016, 22:42:59 UTC
I fully agree with the fact that there are always wishing to use paper money. Even if you implement the latest technology in popularity of paper money will remain high
I agree, the demand for paper money still remains and will remain and it is not necessary artificially to deal with it at least for the sake of insurance against unforeseen circumstances.
for the current and future demand for banknotes is certainly still high. but will not know what will happen to the future, many people say that the online and virtual technology will dominate, we do not know the future of paper money
People are not prepared and do not perceive Bitcoin as the main currency in the world. This will be the collapse of the whole. Therefore, you need only a gradual transition and interested users.
i believe it could be happened , nothing impossible
100 years ago people think something like telephone / cellular phone
a device to make conversation from distance remotely is impossible thing
but now hey look at everyone , it's more than just a normal/usual thing , so do in currency, bitcoin could be used as official global currency.
Well for me it is impossible to happen since we have already fiat that we can use locally so bitcoin just a good alternative and i think we can just use it through the internet buy something we want or pay for a service online.. we can also use it to buy locally just like atm accepting in stores locally..
Many people will not accept bitcoin as payment since it is digital currency if you notice the payper money you can see almost old president and heroes like here in my country our paper money here there is a face of old president and heroes..
Bitcoin is just a sign of B so it is impossible that bitcoin will be the future money..