Post
Topic
Board Economics
Re: The future of the paper money
by
OrangeII
on 27/02/2017, 18:59:13 UTC
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
yes the use of technology is increasing from time to time and now i can expect that bitcoin is the future of money and hope that very soon the majority of the people will be using bitcoin for buying and selling in their local shops.
yes there is no doubt that bitcoin is the future money money, because the use of bitcoin is increasing continuously and more and more people are entering in the world of bitcoin, and specially for online purpose people have already changed their option to bitcoin.

I doubt that Bitcoin is the future of money, remember it needs to be adopted by the government and use it as a main currency or recognized as main currency by majority of the nation in the world, and I doubt that will happen.  I believe that the technology of Bitcoin will be used and will kill paper money eventually.
Well, maybe one day it will happen. but, I think, to see the benefits bitcoin to increase illegal transaction will make the government rethink to make bitcoin currency became legal to use. perhaps, very easy to track transactions with paper money if it is done online, but it will be very difficult to track shipments bitcoin happens anonymously. but, I believe, one day bitcoin will make paper money disappear.