Post
Topic
Board Economics
Re: The future of the paper money
by
Fatanut
on 29/04/2017, 15:26:29 UTC
digital money more safer than paper money... future is digital concept
The digital money is not safe as of now because there is a lot of things to consider like the security which is very vulnerable for the professional hackers, so if you are planning to place your money in the internet to make it digital then you are risking yourself and you are prone to digital attacks that can lead to money loss.
Right, I think digital money can not be more secure than paper money because digital money is easy to be hacked and stolen, every year I hear hackers attack and steal millions of digital money. The security of digital money is low, I never put too much faith and fortune into digital money, digital money is something very dangerous and using it in real life is very inconvenient. The future of digital money can grow but it is only added as a method of payment, paper money is still the most commonly used currency

Then what are you doing in here? It's ironic that you don't trust digital money and you're thinking that the security is low but you trust bitcoin enough to use it. You should have withdrawn all of your bank money and all of your bitcoins by the time that you realized all that. Yet here you are. Roll Eyes

You hear hackers stealing this and that but that doesn't mean that they are going to steal your money specifically. They would target online wallets or even exchanges. They will target something big. To make your bitcoins safe, which is also a digital money by the way, you should create a desktop wallet or even a paper wallet. You hear in the news people getting hacked and getting tricked, but that's their fault. They didn't secure their money enough.

In addition, your money in the banks are also digital money. But have you heard people that have been using the bank you're using that some of their money just went missing all of a sudden.