Quote from: wahyu wida on November 12, 2018, 02:06:44 AM

Quote from: Omegasun on November 11, 2018, 11:49:14 PM

Quote from: yusupjatigumilar on November 11, 2018, 04:06:09 PM

Crypto currencies are comparatively cheaper, practical and efficient because they don't involve banks in making transactions so there are no taxes imposed here, but I don't think we can completely abandon the paper because in everyday life we cannot fully use crypto resources. because there are still many payments that can only be made using paper money

It's easy and transparent, yet adoption is not that wide as paper money offers, it will have long way before crypto will be able to be too useful in every means of transactions.

besides that many people who do not understand cryptocurrency, so paper currency becomes more effective for transaction tools. although crypto is easy and transparent but for those who don't understand, it will be the same

Well, it is one thing of course to have in mind that not everyone will actually get to be able to utilize crypto as they will find it a whole lot difficult when it comes to understanding how things are done within the space as well as how they can handle themselves.

Nonetheless, it is always a matter of time, and even though the fiat system cannot completely be ruled out, one way or the other, over time, paper currency will most definitely go into extinction and then as we are already seeing the age of cashless, it will even make the ushering in of blockchain technology at large within the financial sector to even make a lot of sense.