Re: The future of the paper money

I think if the digital currency were become famous in the world, maybe paper money were dissolve and become part of the history of different nation. Also, it okay to more users the digital currency, because it was easy to use but it hard to protect due to a lot of hacker.

Probably in some advanced and well off nations this could be possible to go mainly digital but I think paper money would still be relevant even if that happens. Even now we can observe that a lot of countries are venturing more on the digital side but the challenges of going full digital is heavy even on these countries. So paper money im sure will be around for a long time still

Paper money will be used as an alternative currency if there is a power outage or a malfunction in the operation of electronic systems.

No paper money will always be an primary choice of people and bitcoin will be used as an secondary currency as there will be many people who will prefer to use only paper money due the fact that it is widely used and accepted and its also easy to use for shopping.

Yes, bitcoin would rather be an additional currency. Because there are many places where there is simply no way to pay off electronic money.

That's right there are not many places that accepts bitcoins as a mode of payment at a moment and even in future I doubt that it will be accepted everywhere so paper money is not going anywhere and majority of people will prefer to use only paper money.

If bitcoin does not die before that time. This is a very volatile currency and I do not believe that it will be able to replace paper money.