Quote from: cryp24x on May 09, 2017, 07:21:34 PM

Quote from: dmamigo on May 09, 2017, 07:07:32 PM

Quote from: MFahad on May 09, 2017, 09:37:31 AM

Quote from: chineseprancing on May 06, 2017, 08:53:48 PM

Quote from: rhamzter on May 06, 2017, 08:20:53 PM

I think paper money was still used by each nation because people used it as exchanged of any items or good s but, when digital currency like Bitcoin were become the no. 1 currency I don't think so if paper money were still existing.

Yeah your right, I was expecting that paper money was not fade in the market, due to paper money were symbolize the different value of money from different countries. Moreover digital currency were still not know of more people.

It is reality, in real life people prefer to use real money and paper money is real.
But about digital currency, i know only few people know about it, and a huge people don't know and if they know about digital currencies than they don't know how to use it correctly.

Even paper money/local money can be used digitally, and it is also real.
Now if you are speaking about Bitcoin as digital currency, then more than just not knowing about it, many doesn't uses it due to insecurity and fear and also lack of transacting opportunities against goods or services.
But ya I agree still now IMO very limited people know or cares to know about this.

I believe paper money is destined to be flashed out. If ever government does not acceept cryptocurrency then, they can always make use of the cashless society system where people does no longer need fiat paper money.

I agree with your point actually. I do believe paper currency will eventually be phased out. There are many countries across the world at the moment which operates so called 'cashless economy', driving high percentages of transactions towards electronic/online payment solutions. Bitcoin/cryptocurrencies i believe have a gap in that particular space to compete or at least operate as a widely acceptable alternative to existing electronic currencies.