Quote from: soul-impact on February 25, 2017, 03:03:24 PM

Quote from: Malsetid on February 25, 2017, 02:59:31 PM

Quote from: Pattart on February 25, 2017, 09:08:01 AM

Quote from: geegaw on February 25, 2017, 07:57:41 AM

In the future, paper money will disappear, it will be replaced by another currency. In other words, paper money will become worthless because many countries print more money to stimulate the economy, the value of paper money will decrease serious. And i think electronic money will be the main currency in the future because it safe, fast and ensure transparency

paper money will not be replaced with another currency. paper money only will rejuvenate become more sophisticated and more flexible. The new version will be even more likely to be digital

Well i think the future of paper money is it will still be in our future. I agree that technology right niw is in a very fast pace but think about it, there are still a lot of countries that can't catch up with how fast technology is. Digital currency may become one of the top currencies that world will use in the future but i don't think paper moneybwould be obsolete in any way because a lot of people will still have a need for it's use

10 or even 20 years later, we still have to depend on paper money. We can not deny its benefit and it is easy to understand and use in many place. Moreover, many countries, such as Africa or some in Asia, are poor. The majority of the people in those countries do not have a chance to communicate with technology, to interact with new inventions. Therefore, Bitcoin and cryptocurrency can not replace fiat in this century.

That might not be entirely true, the majority of the third world countries have already internet access and there are many programs that are trying to improve the quality of life and bring the new technologies to everyone.

Addition to that, we are talking about 10 years 20 years a lot can happen in that time plus using cryptocurrencies in the future should be an option of payment for those who can just like credit cards not everyone uses it.