Quote from: PetroffVany on March 08, 2017, 07:45:51 PM

Quote from: Oralmat on March 08, 2017, 04:18:39 PM

Quote from: NEWGOODOUBLE on March 08, 2017, 01:52:30 PM

Quote from: genny2kuk on March 08, 2017, 01:16:59 PM

The countdown for paper money extinction is on. The foundation of this monetary policy is flawed and have to be fundamentally changed. Bitcoin offers good option though

although it will be replaced by paper money in the form of digital currency. but it does not automatically bitcoin will replace paper money. I think it will still be difficult for bitcoin

It is really difficult for bitcoin to convert into paper money, So same situation have paper money, it is not easy that paper money change into bitcoin. I don't think that bitcoin is made for paper money, and on one country accept the bitcoin for their own paper money. In short bitcoin made only for digital currency.

I disagree with you. Now it is very easy to buy bitcoin and sell bitcoin. There are many exchangers that will provide conversion in a few hours or even minutes.
Paper money can easily be exchanged for bitcoin. But it seems to me that they will not be soon

It seems like you are confusing paper money with non-cash (digital) fiat

While it is certainly easy to buy bitcoin and sell bitcoins for fiat (as you said yourself it is possible through either exchangers or exchanges), this is not the case with actual paper money, i.e. bills like Benjamins and their likes (what is called cash). There are virtually no universal ways to buy Bitcoin directly with physical cash. In most cases, you will have to convert your bills into non-cash money first, but you may have to pay commissions on these operations and you won't be able to convert above certain limit in one place. Besides, by converting large amounts you will certainly attract attention of authorities exercising oversight over such operations