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How would bitcoin coexist with digital fiat in the future?
So in the future, fiat currency will become digital only and cash will completely disappear. Credit cards will also disappear. People will be implanted with chips that contain all their information and they'll need the chips when buying or selling goods
I have many questions:
How would bitcoin coexist in the future with this method of payment?
Will it get accepted as a second currency?
What about other crypto currencies or bitcoin forks?
I have many questions:
How would bitcoin coexist in the future with this method of payment?
Will it get accepted as a second currency?
What about other crypto currencies or bitcoin forks?
Paper money is not going to last for more than 3-4 decades.Most of the paper money is going to be demonetized.I think that instead e-money is gonna be popular.Nevertheless paper money is a drag.
Why carry liquid cash,when u can easily do transaction over mobile,? Well I don't think so. Yeah if we're talking about convenience then I have to agree with you that electronic or digital money would be a lot easier than having physical paper money in your pocket. But that requires technology that is not easily accessible to some parts of the world. 40 years from now, you may be right, most people will probably be using digital money but definitely paper money won't be demonetized and will still be used
Yes and people would be implanted with bio chips that will store all their data including their financial data. Credit cards would become obsolete because technology would be integrated into people's bodies. Paper money might still exist on some poor countries though together with gold and bartering.
I always prefer to pay with Paypal, if Paypal is not available nor free returns is offered I don't shop there.
Omline shopping has come a long away and now we buy a lot more than what we intend to keep, so some stuff will always be returned, easy refunds and free returns are mandatory.
Omline shopping has come a long away and now we buy a lot more than what we intend to keep, so some stuff will always be returned, easy refunds and free returns are mandatory.
Me too. I use PayPal a lot on my online shopping. What I do is I sell my bitcoins for PayPal balance using the buy/sell feature on my coinbase wallet.
That will not happen not in 10 to 30 years.
Agreed. Yes it unrealistic for bitcoin to reach that high. Maybe 0.01btc for $30 but 1 satoshi for $1 it's obviously impossible.
PS - Thanks for promoting my site BlendCraft