Bitcoin is a substitute for paper money

[mahadev]

Can Bitcoin replace the role of paper money in the future?

Yes, It can..
Bit I think It will take along years again, not easy to  change teh habbits.
The government also didnt accept bitcoin yet
There are many negative isssue

[Fenix]

Can Bitcoin replace the role of paper money in the future?

Yes, It can..
Bit I think It will take along years again, not easy to  change teh habbits.
The government also didnt accept bitcoin yet
There are many negative isssue

This will never happen. Not a single decentralized currency, including bitcoin, can replace the national currency of developed countries, in particular, replace their paper money. For this to happen, an appropriate decision is required from the legislative and executive authorities of the state. And they will never make such a decision, since the cryptocurrency is not capable of this and their national currency is closely related to the country's economy. And a significant part of the country's population will always be against such a decision.

[Seerge]

Bitcoin will not completely replace Paper Money or FIAT currency, although Bitcoin is a currency with a high value and has many advantages when compared to FIAT. The FIAT currency of each country has a different value from one country to another, it is impossible for poor and developed countries to use currencies with the same exchange rate.  This is my reason why Bitcoin will be difficult to replace FIAT, But Bitcoin will still exist because most people use Bitcoin as an Investment.

[Derakelv]

I don’t see Bitcoin taking over paper money entirely but with time, they can go far as a means of exchange. That’s why it best to get involved in the crypto market and not only that, to also be involved in solid projects as soon enough, some tokens will be very vital for exchange

To identify a solid project, you have to check out it’s features, it’s not just pump or dump or meme coins. Just like Bitay exchange, I identify them as a very solid project. Their exchange tells a lot about how good the project is and soon enough, they look like the exchange that will surely take over and become a new normal.

What makes them actually stand out is how they made trading easy in the sense that they help in enlightenment while trading to give the best trading experience. They’ve also got NFTs, P2Es, watch to earn and the best part is their academy.

Get involved!

[cheezcarls]

Can Bitcoin replace the role of paper money in the future?

Unless there’s a way that we can transact Bitcoin offline or without the need of the internet, I can say that it “might” replace but still we should be dependent on a mobile device to make it happen. Even if there’s a way to transact Bitcoin using Bluetooth or sattellite in the near future (call me crazy), it’s still not enough to be a substitute for paper money or physical coins.

[anshor1]

Can Bitcoin replace the role of paper money in the future?

By seeing the current condition , I think It seems difficult because not all countries allow bitcoin, although at several countries has been banned. It will take several years again.

[Anonylz]

I really don't see why we are thinking that Bitcoin will replace paper money someday. Until every Government has decided that they no longer want to take control of their Economy, say the US Government no longer care about their economy being the biggest in the world, of China and the rest of the World powers no longer care about their Economy then crypto/Bitcoin will replace paper money but until then, forget about it whether we have all the stable internet/coverage in the world.

[gunhell16]

Can Bitcoin replace the role of paper money in the future?

I am not a religious person, but I remembered in some of the chapter books in the Bible named Revelation there's a verse over this chapter saying that before end of the word money will no longer be useful at all, so possible Bitcoin or digital currency is the one replacement for it I think. But not so sure, this is just my assessment only.

[owlest]

Can Bitcoin replace the role of paper money in the future?

I am not a religious person, but I remembered in some of the chapter books in the Bible named Revelation there's a verse over this chapter saying that before end of the word money will no longer be useful at all, so possible Bitcoin or digital currency is the one replacement for it I think. But not so sure, this is just my assessment only.

It is unlikely that any developed state will switch to cryptocurrency as an official means of payment. After all, they will not be able to manage the release of assets, that is, print funds. But digital is easy. This is the same paper money, only digitized with the same capabilities as paper money.

[brijmohan]

THERE IS NO COMPARISON BETWEEN BTC AND PAPER MONEY AS BTC CAN BE USED AT ANY DIGITAL PLATFORM BUT PAPER MONEY CANNOT BE USED DIGITALLY ANYWHERE.

[Cavin]

Bitcoin will definitely grow bigger but it won’t be able to replace paper money but will rather be as another strong means of payment as paper money will still be very relevant.

However, it’s still very important to take advantage of fast growing and potential filled projects at this point like Bitay. Bitay exchange is one exchange I will always use. I haven’t experienced trading so simplified from other trading platforms.

They look to accelerate the growth and proliferation of the cryptocurrency ecosystem with a wide range of intuitive, accessible and efficient solutions that are geared towards real life adoption.

They are also involved in NFTs and you can as well be one of their pioneers

[Noverteno]

Can Bitcoin replace the role of paper money in the future?

By seeing the current condition , I think It seems difficult because not all countries allow bitcoin, although at several countries has been banned. It will take several years again.

Only other physical money can replace paper money. Perhaps the states will come up with something so that they do not deteriorate so quickly. After all, they wear out very quickly and need to be changed every 2-3 years. Also, during the coronavirus pandemic, another drawback was revealed: they were carriers of this disease. But in general, I don't see any alternatives to them yet. Paper money will continue to exist.
The opinion that bitcoin can replace them is generally absurd. These financial assets are generally not capable of replacing each other.

[Alcor]

Yes that the purpose of Bitcoin when it was created but for that come true, Bitcoin need more stable and development more

Bitcoin was not created to replace fiat, including the replacement of government paper money. It was created as an alternative to fiat, but not a replacement. And Bitcoin or any other cryptocurrency has no way to do this. Indeed, in order to replace the national money of states, the decision of the relevant state bodies is needed. And this will never happen. States under no circumstances will not give up their national money.

[Bobcrypto]

I doubt if Bitcoin can substitute paper money. Bitcoin is decentralized digital money and own by no organisations or governments. Paper money is own and printed by government of deferent nations. Bitcoin is own only computer devices while paper money( faits) is handled or own physically.
in a not shell, Bitcoin may not substitute paper money, a least, not in the next 10 years time.

[doc]

Can Bitcoin replace the role of paper money in the future?

I think It is difficult to happen.
Bitcoin will never replace paper money
Because the government will keep their fiat money.
It's the fact