Re: Do you think digital currency will ever replace paper money?
Personally I say yes as our society becomes increasingly dependent upon technology, digital currency will become a more popular means of paying for different things and it is more effective and instant. I haven't used much physical money in the past 8 years and I rarely had any problems with that.
What do you guys think?
Maybe Bitcoin is more like a digital asset than a currency. Assets are only valuable if others are willing to exchange them in return for goods, services or other assets. Gold is one of the most liquid assets available. Wherever you go you can trade it for any local currency. I think Bitcoin is like gold but can not yet replace fiat money.What do you guys think?