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?
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?
Are you confusing the word paper money with fiat money in general? Paper money, like notes, do actually have a very important characteristic. It is not traceable and allows you to stay private and make transactions for goods and services you rather want to keep a secret. That can be many things, with lots of them having nothing to do with illegal activities. Fiat money in a bank account is probably the worst. Bitcoin, once your ID got attached to a Bitcoin address, is probably even worse than fiat in the bank account.