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Author Topic: Bitcoin is a substitute for paper money  (Read 16403 times)

Offline Zezari

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Re: Bitcoin is a substitute for paper money
« Reply #90 on: September 20, 2022, 04:52:31 PM »
And here bitcoin and the replacement of paper money, money has long been replaced by banks with electronic cards, all before bitcoin began its development. Bitcoin is like an alternative to the banking system.
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Re: Bitcoin is a substitute for paper money
« Reply #90 on: September 20, 2022, 04:52:31 PM »

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Offline bayiajaib

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Re: Bitcoin is a substitute for paper money
« Reply #91 on: September 20, 2022, 10:39:54 PM »
Can Bitcoin replace the role of paper money in the future?

TBH, I don't believe bitcoin will be substitute for paper money, maybe if the government accept and legalize bitcoin, it  could be.
although bitcoin has potential become substitute for paper money,
So let's see at the next several years again.

Offline DAMKAR

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Re: Bitcoin is a substitute for paper money
« Reply #92 on: September 22, 2022, 12:30:59 PM »
Can Bitcoin replace the role of paper money in the future?

Good question, I think but we should know there are many government still refuse and ban bitcoin and crypto currency.
So, I think bitcoin won't be a substitute for paper money.
It's impossible to happen, for the next few years.

Offline Monkey Monster

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Re: Bitcoin is a substitute for paper money
« Reply #93 on: September 22, 2022, 03:30:46 PM »
They each play a unique role. Bitcoin is a digital currency, and paper money is the currency of every law-abiding country. It is unlikely to be a substitute for paper money. Bitcoin's price is volatile, and it can rise or fall without warning. It is only used as an alternative payment method for purchasing goods and services, not as the primary method.

Offline Cadaver20

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Re: Bitcoin is a substitute for paper money
« Reply #94 on: September 25, 2022, 06:47:56 PM »
Bitcoin cannot replace paper money or fiat money. And if ever possible, then some printed medium of Bitcoin will come. Because many people in the world have not yet reached the Internet. They don't know Bitcoin yet. Only Bitcoin can replace paper money when every person in the world is educated, has internet access.
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Offline pacar_tiri

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Re: Bitcoin is a substitute for paper money
« Reply #95 on: September 28, 2022, 07:57:46 AM »
Can Bitcoin replace the role of paper money in the future?

It will never happen if they government didn't allow bitcoin as payment methods.
Bitcoin is bitcoin, digital asset.
it will never replace paper money.
But let's see at the paperless era .
Maybe it would be

Offline Fenix

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Re: Bitcoin is a substitute for paper money
« Reply #96 on: October 05, 2022, 08:41:59 AM »
Can Bitcoin replace the role of paper money in the future?

TBH, I don't believe bitcoin will be substitute for paper money, maybe if the government accept and legalize bitcoin, it  could be.
although bitcoin has potential become substitute for paper money,
So let's see at the next several years again.
And in a few years, and in a few decades, and maybe more, the situation with cryptocurrency and paper money will not change. The fact is that these are completely different financial assets and they do not directly affect each other. Bitcoin and other cryptocurrencies cannot even theoretically displace cash. Cash is entirely dependent on the actions of the state and their authorized bodies. In some cases, they are the simplest and most reliable method of payment and do not depend on the availability of any technical means and the Internet.

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Re: Bitcoin is a substitute for paper money
« Reply #96 on: October 05, 2022, 08:41:59 AM »


Offline Callisto

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Re: Bitcoin is a substitute for paper money
« Reply #97 on: October 06, 2022, 06:52:22 AM »
Can Bitcoin replace the role of paper money in the future?

TBH, I don't believe bitcoin will be substitute for paper money, maybe if the government accept and legalize bitcoin, it  could be.
although bitcoin has potential become substitute for paper money,
So let's see at the next several years again.
And in a few years, and in a few decades, and maybe more, the situation with cryptocurrency and paper money will not change. The fact is that these are completely different financial assets and they do not directly affect each other. Bitcoin and other cryptocurrencies cannot even theoretically displace cash. Cash is entirely dependent on the actions of the state and their authorized bodies. In some cases, they are the simplest and most reliable method of payment and do not depend on the availability of any technical means and the Internet.
I agree with you, cryptocurrency will never replace paper money, cryptocurrency - basically now acts as a speculative component, but in no way for our everyday transactions or purchases in supermarkets, it cannot be regulated by 100%, so it will never replace paper money, especially in in the nearest future. It will always remain as an alternative to paper money.

Offline Google+

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Re: Bitcoin is a substitute for paper money
« Reply #98 on: October 07, 2022, 03:19:48 PM »
I agree with you, cryptocurrency will never replace paper money, cryptocurrency - basically now acts as a speculative component, but in no way for our everyday transactions or purchases in supermarkets, it cannot be regulated by 100%, so it will never replace paper money, especially in in the nearest future. It will always remain as an alternative to paper money.
Paper money and cryptocurrency can never be one, both have very different physical, cryptocurrency has dependence and there must always be electricity along with the internet, you will never imagine how when that happens and all your assets are in cryptocurrency, can you use it? ? it should take into consideration the assets in cryptocurrency.

Offline satpol_PP

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Re: Bitcoin is a substitute for paper money
« Reply #99 on: October 13, 2022, 09:19:17 PM »
I agree with you, cryptocurrency will never replace paper money, cryptocurrency - basically now acts as a speculative component, but in no way for our everyday transactions or purchases in supermarkets, it cannot be regulated by 100%, so it will never replace paper money, especially in in the nearest future. It will always remain as an alternative to paper money.
Paper money and cryptocurrency can never be one, both have very different physical, cryptocurrency has dependence and there must always be electricity along with the internet, you will never imagine how when that happens and all your assets are in cryptocurrency, can you use it? ? it should take into consideration the assets in cryptocurrency.

For now, we know we only do online transaction in crypto currency,   but maybe at the coming future we can do offline.
But It's just imagination.
There is  no vision to be there.
Bitcoin and altcoin will be substitute paper money, if digital era comes.
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Re: Bitcoin is a substitute for paper money
« Reply #100 on: October 14, 2022, 09:29:22 PM »
perhaps in a more or less distant future it will become the substitute for fiat at the moment bitcoin is a valid alternative to fiat and an alternative to gold as a safe haven asset

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Re: Bitcoin is a substitute for paper money
« Reply #101 on: October 15, 2022, 11:04:18 AM »
If bitcoin replaces paper money in any country, it is simply impossible to replace paper money in any country. You can do how to reduce them in use today, but the time will come as there is more cash in Ukraine now.
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Re: Bitcoin is a substitute for paper money
« Reply #102 on: October 22, 2022, 05:54:04 PM »
Can Bitcoin replace the role of paper money in the future?

I agree with the opinions that said bitcoin will replace paper money when digital era comes.
But we didn't know when will happen.
But I have confidential It will happen at the coming future.
No worries about this condition, we all see the bearish but it's temporary.
We will see the bullish soon.
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Re: Bitcoin is a substitute for paper money
« Reply #103 on: October 24, 2022, 05:45:28 PM »
Bitcoin cannot replace paper money completely but it can reduce the use of paper money in some places. For example paying the bill of pizza, coffee etc through Bitcoin. Some countries are now considering accepting Bitcoin as a means of payment for their businesses. In this way, the field of Bitcoin will expand in the future.
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Re: Bitcoin is a substitute for paper money
« Reply #104 on: November 23, 2022, 07:24:31 PM »
Can Bitcoin replace the role of paper money in the future?
Of course bitcoin is the currency of future in many countries the placement of bitcoin ATM is a proof and its decentralized nature makes it one of the best option ,
 

 

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