yes currently there is nothing wrong to paper money, because still almost all the people of the world using fiat currency, but as soon as the trend of online currency is increasing the value of fiat currency is decrease, and a time can come when all the people of the world will be using online currency.
Time will surely clear everything. Though we feel that the world will turn its face towards digital currencies and fiat will disappear but still somewhere in the mind it keeps poping up that there will still be people willing to use fiat even after a revolution of digital currency in the world.
The revolution has only started, so yeah, it will definitely take some time till all the world switches to digital currency. I think we shouldn't rush things. We shouldn't expect that the world will not only accept BTC and other cryptos but also will renounce fiat currency which was accepted by it long time ago in a matter of several years.