Paper Money vs. Digital Currency

[Jaephoenix]

Apart from the relative lack of main stream adoption attention, crypto has many things going against it. For example the price volatility is going to make it uninteresting for payment solution

[Master107]

Today the world is getting closer to digital trend where we can see digital use everywhere specially back then when the covid started. Almost everything were digital.

Not surprising one day the world will totally adopt this kinda convenient way to pay and send money as we can already witness the actual scenario that people are fully aware about digital money.

[Noverteno]

Today the world is getting closer to digital trend where we can see digital use everywhere specially back then when the covid started. Almost everything were digital.

Not surprising one day the world will totally adopt this kinda convenient way to pay and send money as we can already witness the actual scenario that people are fully aware about digital money.

It should not be assumed that in the foreseeable future the population of the planet will abandon paper money or that cryptocurrency will replace the currency of states. State money will continue to circulate in any case, since it ensures the development of the economy of any state, and the cryptocurrency lacks the necessary functions. But the ratio of paper, non-cash and digitized money will change not in favor of paper money. But all kinds of currencies are necessary, because a universal currency has not yet been invented.

[Arkann]

The Bitcoin cryptographic approach is the most used in the cryptocurrency industry but is continuously developing and including new technologies. “Understanding Bitcoin; cryptography, engineering and economics” by Pedro Franco is one of the most popular books for learning about Bitcoin and offers a wide view on the implementation of the technology.

[gurunanakji777]

Paper Money is easy to use so most people use paper money around the world but in the past, some years new generation fastly adopted the digital way to make payments. I am not talking about only cryptos. I am talking about payment through like GooglePay platform every country has a different system to get the payment so we can expect cryptos will also be used like this in the future. The benefit of digital currency you don't need to keep the money in your pockets. We can not persuade anyone this is an automatic process and you will see slowly-slowly people will adopt crypto also for making payments around the world instantly.

[smart_oa]

It's up to you which assets you feel comfortable carrying around. Some people still think paper money is more legit than digital currency because it has a physical form and we can touch it. People may have different opinions due to different levels of knowledge about the monetary system. But one day they will be forced to accept digital money because of the unavailability of paper cash.

[elbans89]

It's up to you which assets you feel comfortable carrying around. Some people still think paper money is more legit than digital currency because it has a physical form and we can touch it. People may have different opinions due to different levels of knowledge about the monetary system. But one day they will be forced to accept digital money because of the unavailability of paper cash.

If you compare which is legit, of course paper money is legit because the government behind it.
But if you ask which is profitable, I think crypto currency is more profitable and more potential to be more expensive at the coming future.
Many investors believe about this opportunity.

[surendertakyaan70]

Both the currency have their own importance. Paper money  which depends on the country. The digital currency , that you are using smartly. I think they cannot Compare.  because both of them are needed.

[silkytakyaan86]

Paper money and digital currency means there is a lot of difference between both currency. Paper money which is a national money of every nation. Paper money which is completely valid in every nation. In addition, the digital money is very useful. it is quite used. , But it is not valid everywhere. As now the digital time is increasing. Looking at him, it seems. It will slowly spread everywhere.

[de_prof]

Paper money and digital currency means there is a lot of difference between both currency. Paper money which is a national money of every nation. Paper money which is completely valid in every nation. In addition, the digital money is very useful. it is quite used. , But it is not valid everywhere. As now the digital time is increasing. Looking at him, it seems. It will slowly spread everywhere.

I think one day every thing will be crypto, paper money will be leaved.We will see paperless and digital era will come.
We know crypro currency didn't allow at all countries, but it will be

[ShadowCrypto]

i think at this point i just simply stop working
40% inflation within a few months

[pelana vreo]

I think one day every thing will be crypto, paper money will be leaved.We will see paperless and digital era will come.
We know crypro currency didn't allow at all countries, but it will be

As I know, crypto cannot be used if there is no internet network, this is a weakness of crypto.
however I support transactions using crypto and Fiat, both work for payments and crypto can be used without a bank intermediary, and I like the idea of P2P transactions.

[Bobcrypto]

The most revolutionary aspect of cryptocurrencies, is that
it can be spent and received by anyone, anywhere, at any time throughout the world and without the need for a bank or a government.
Again, the paper money or Fiat money is issued and controlled by (central) banks and governments.
Crypto is produced and distributed through a process called mining and is not controlled by a centralised authority

[de_prof]

I think one day every thing will be crypto, paper money will be leaved.We will see paperless and digital era will come.
We know crypro currency didn't allow at all countries, but it will be

As I know, crypto cannot be used if there is no internet network, this is a weakness of crypto.
however I support transactions using crypto and Fiat, both work for payments and crypto can be used without a bank intermediary, and I like the idea of P2P transactions.

You're right, crypto transaction needs internet connection.
Maybe we doubt about everything will be crypto at the coming future, because several are no internet connection.
it's just prediction about future.

[Speaker]

many still do not have access to banking products and still use cash, but this does not mean that the introduction of cryptography will slow down.