Suddenly chatting with a friend today. How do blind people use mobile payment? We don’t know the daily life of blind people. Blind people pay with paper money, but will digital currencies replace paper money in the future? (However, there is no certain mark on the U.S. bills, and the blind cannot touch the face value of the legal currency)
There are also some elderly and children who do not have mobile phones. Children can take care of them and learn cryptocurrency with their families. However, many elderly people have no children and lack the ability to accept new things. With the popularity of Bitcoin, will they continue to use paper money in the future?
In fact, for blind people, no one pays too much attention to their lives. Because there are no blind friends around, they don't think so much. If some technology is developed, it is very expensive consumption.
With the increasing popularity of Bitcoin, what do you think will happen to blind and childless elderly people?
This is the notion that in the future, Paper money (Fiat) will disappear. I don't want to believe that yet, that there will be no Fiat money in the future been as Bitcoin gains more popularity. Talking about the blind people, if you don't tell them which value is the paper money you are giving them or there are holding I don't think they would know hence the assistance they would need and I believe that same will be the state if Bitcoin was to eventually be the currency of the future.
Fiat probably won't go away. but the development of the system of using fiat as a means of payment will continue to grow. we know how risky we are in holding paper money. and how extravagant it is to produce paper money that is constantly being reproduced.
I think it is most likely that the adoption of bitcoin as a means of transaction is an alternative means of payment. which may or may not be used. depending on the user who feels more comfortable.