Post
Topic
Board Bitcoin Discussion
Re: Paper money vs Digital currency
by
Ucy
on 12/01/2021, 10:57:02 UTC
A large majority of peoples in the world believes on paper money. They think that this is used for buying or selling goods and services. A currency which has a physically appearance in the world.
But the upcoming world is the world of  digital currency. Because it is easy and reliable way for sending and receiving money at any place in the world. We can send or receive money within minutes.
But there is a huge difference between both these two types of currencies.
So, it is very difficult that Digital currency will be adopted worldwide. Because of the users are not aware of this new technology and they are not comfortable to use this mode of payment. Because they don't believe in this technology yet.
So, how we  convince the peoples to adopt digital currency?Huh

Or probably "Two Forms of Currencies" (this is in regards to the bolded part)

I think currencies can exist in both physical and digital/virtual forms without problems. Cryptocurrencies should easily and safely exist in both forms if users choose to.  By the way, Users with Full Nodes should be able to safely verify the authenticity of the numbers/keys on a physical crypto model before accepting them.
So, I think you could allow the physical crypto version aswell for those who find the digital version weird or undesirable. When they need to verify the physical one, they always use their easy-to-use/run nodes