Post
Topic
Board Economics
Re: The future of the paper money
by
Oralmat
on 09/03/2017, 04:25:11 UTC
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

Whats' going on with you? Do you think i am talking about bitcoin is difficult to exchange into fiat?
No way, read the thread carefully and than read my opinion, than you could understand what actually i want to tell.
I am talking about future fiat money will never be changed into bitcoin and bitcoin will never be changed into fiat.