Post
Topic
Board Economics
Re: The future of the paper money
by
Granxis
on 23/12/2017, 22:34:45 UTC
According to some experts, non-cash settlements, having obvious advantages, will soon replace paper money in all spheres of trade. According to the financiers, virtual money has its indisputable advantages: Control - virtual money is easier to track where they are spent and where they are sent, so the risk that the money will go "in the shade" or will be spent on financing, for example terrorism, arms trade - will be minimal. There is no need for continuous printing of new banknotes, since virtual money does not wear out.
States have not realized that they are doing a costly job by constantly pushing money, yet it is not possible for the virtual money to buy the fiat money. When there is sufficient infrastructure, we will say goodbye to the paper.