At present or in the next ten years, banknotes will still be in circulation, a lot of effort must be made to eliminate the circulation of paper money, while the resources needed have not been fully met, the generation of people over 40 to 50 years it is too complicated to understand technology, so the potential to get rid of the swirl of banknotes is almost impossible. What's more, there are still quite a number of countries that have special agreements on fiat currency, so efforts to eliminate them require new regulations that are so complicated.
Reality predictions about paper money can be measured based on the growth in current technology use, every year statistics on technology use continue to grow from all ages so online transactions in e-commerce are increasing but transactions for paper money are decreasing compared to the previous year, but efforts to eliminate circulation of paper money is not easy because the government must ensure that the use is very low and not even used anymore in every transaction in traditional markets and any other transactions, if the position of the situation is then the government can make new regulations regarding the use of paper money without the negative impact of criticism Public.