Bitcoin is a substitute for paper money

[ryap12]

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

I don't think so. We still need paper money to pay for our daily needs and that majority of the worlds population is not into cryptocurrency. Unless if there is a new world order to stop using paper money and to use cryptocurrency instead.

[alltalk]

Not at all. Replacing the paper money, we talk about the different condition in each country and society in worldwide. There are so many distinguishes among them, the utility, the knowledge, and the system. The bitcoin can be also used as a manner to support the currency, not for replacing.

[Jun]

 even we are on age of computers technology and this is very useful in any kind of transaction  of crypto currency , but i don't think bitcoin can substitute the paper money,truly there are many transaction perform through bitcoin but we  can't deny that not all transaction can be done with bitcoin but paper money can do it all.so its never happen someday bitcoin can substitute paper money.

[Leny]

That could happen. But not entirely. Because not all transactions can be done with Bitcoin. An example is a buying and selling transaction on a traditional market. So there is its own place to make transactions with bitcoin.

[Fenix]

That could happen. But not entirely. Because not all transactions can be done with Bitcoin. An example is a buying and selling transaction on a traditional market. So there is its own place to make transactions with bitcoin.

It can not happen in any way. Bitcoin is simply not capable by its nature of replacing the national paper money of the states. In addition, no state will ever agree to use Bitcoin instead of their national money. It would be detrimental to the economy of the state.

[Bit]

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

I don't think it can replace the role of Fiat. Both will be needed and I think it is no need to lose Fiat. It is better if we have both a digital currency and Fiat. They can be used together and it will make global financial stronger.

[Majaz]

I don't think that will happen. As a fellow trading agent, bitcoin tends to be different in level. In my opinion, bitcoin is mostly in the middle to upper class level. So fiat money will not be replaced even though bitcoin can already be received in some communities.

[Domithra]

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

Bitcoin has got all the potentials to provide the best and most secured method of payment both online and offline. The offline aspect is set to reach full potentials after the development and launch of the Blockstream Satellites which will require no internet to do Bitcoin transactions. For now, Fiat will continue to win the offline aspect of payment because it is very familiar to the people and does not require basic education of reading and writing before one could trade with it.

[Jayde]

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

[Rindian]

In my view, bitcoin and paper money support each other. So nothing will be replaced or replaced. The paper money will still be there. While bitcoin can also be received.

[Alcor]

Nothing can replace the paper money of the states. They are the crown of the creation of mankind over the past fifteen hundred years. They will not be easy to replace at all, and even more so cryptocurrency, which is not capable of it at all.
  In the future, a cryptoalument will occupy the niche of one of the types of non-cash money, however, it will not be able to significantly affect the circulation of cash. Cash and cryptocurrency will continue to go together and complement each other's capabilities.

[comer]

It's not possible for now to replace the paper money with bitcoin, block chain has a lot of works to do in order to make that happen. Although, the payment system is now getting familiar with the people but it is still a small portion of the uses of the paper money. I don't think its happening soon. Its far from reality.

[UNIVERSE]

Paper money is needed, bro. I think it will be easier to use. I doubt if paper money will disappear since people should refuse it. Sometimes digital currency can be more difficult to use than paper money.

[Munareal]

Bitcoin is not a substitute for paper money but an alternative to it. The two currencies can co-exist in our financial world a virtual currency and a physical currency. The user will be able to make a choice of the currency he wants to use that meets his needs and demand.

[Richa99]

if I replace it completely, I think it will be very difficult and it will not be able to be completely because I think all have their own role in its use.