Post
Topic
Board Economics
Re: The future of the paper money
by
InvestICO2L
on 09/01/2018, 01:07:19 UTC
the future of paper money in my opinion can survive because everyone still needs paper money almost all the world still use paper money so than that there will be no one can replace the paper money

Digital currencies are efficient and very attractive to a lot of people who are seeking freedom in terms of their money and transaction but we all know that this currencies cannot be approved by the government to replace the usual fiat or currency we are using since it will be greatly affecting one's country isince digital currencies are so volatile and not stable.
I don’t know whether in next 5 years, 10 years or  in the future, we must change paper money into another, it will be too difficult to change. Because all of us use fiat and it is the most popular and easiest way to buy something or pay for your expenses  for in the daily life. For example, if someday in the future, we must use digital currencies, oh it’s so crazy because we all know that there also have many people don’t know anything or knowledge relating to crypto currencies, so it’s so difficult to change paper money into another. It will not happen.