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Author Topic: Bitcoin is a substitute for paper money  (Read 16397 times)

Offline May

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Re: Bitcoin is a substitute for paper money
« Reply #15 on: January 09, 2019, 03:20:54 PM »
Even if Bitcoin can spend money in the future, but for a large nominal, while for smaller nominal issuance is used with Altcoin, because the price of Bitcoin is high, then Bitcoin can only be used for transactions that are high nominal.
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Re: Bitcoin is a substitute for paper money
« Reply #15 on: January 09, 2019, 03:20:54 PM »

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Offline Mikam

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Re: Bitcoin is a substitute for paper money
« Reply #16 on: January 11, 2019, 04:17:48 PM »
Cryptocurrency cannot function in banknotes. Bitcoin and other cryptocurrency can only be alternative payment tools and can never replace the normal state currency. Each type of payment instrument has advantages and disadvantages and therefore they will only complement each other.

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Re: Bitcoin is a substitute for paper money
« Reply #17 on: January 13, 2019, 02:47:19 PM »
As far as my personal observations up to now, I think bitcoin will be better to be a place to invest. The price is expensive and can be easily obtained by the user (by buying). But at least the price must be above the price of $ 20k. That will look amazing. 8)

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Re: Bitcoin is a substitute for paper money
« Reply #18 on: January 13, 2019, 03:06:10 PM »
Yes bitcoin is a substitute for papers money. Because bitcoin is more easier to use than papers fiat money. I support bitcoin than paper money.

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Re: Bitcoin is a substitute for paper money
« Reply #19 on: January 16, 2019, 10:29:03 AM »
In my opinion, Bitcoin and other cryptocurrency can only be alternative payment tools and can never replace normal country currencies. Each type of instrument of payment has advantages and disadvantages and therefore they will only complement each other. Cryptocurrency cannot function on paper money.
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Offline Rex

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Re: Bitcoin is a substitute for paper money
« Reply #20 on: January 16, 2019, 11:04:24 AM »
Yeah the purpose of Bitcoin and crypto is to replace the current paper money system. That the ambition of technology revolution 4.0 in the near future
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Offline dekafee79

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Re: Bitcoin is a substitute for paper money
« Reply #21 on: January 16, 2019, 11:13:30 AM »
Can Bitcoin replace the role of paper money in the future?

I agree with your opinion mate.  Bitcoin is digital currency,  It is a subtitute for paper money.  It is the future currency. 

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Re: Bitcoin is a substitute for paper money
« Reply #21 on: January 16, 2019, 11:13:30 AM »


Offline legend45

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Re: Bitcoin is a substitute for paper money
« Reply #22 on: January 16, 2019, 01:27:32 PM »
Can Bitcoin replace the role of paper money in the future?

Yes It can,  I think Bitcoin will replace the role of paper money in the future.  Digital era will come soon.  I believe it.

Offline mimikri

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Re: Bitcoin is a substitute for paper money
« Reply #23 on: January 16, 2019, 02:45:26 PM »
Can Bitcoin replace the role of paper money in the future?

I think that if the dollar falls then bitcoin will grow in value. This will be conditioned by demand for the currency of the future and not for paper money.
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Re: Bitcoin is a substitute for paper money
« Reply #24 on: January 16, 2019, 04:01:24 PM »
Bitcoin and other cryptocurrency can only be alternative payment tools and can never replace normal country currencies. Each type of payment instrument has advantages and disadvantages and therefore they will only complement each other. Cryptocurrency cannot function on paper money.

Offline vycl87

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Re: Bitcoin is a substitute for paper money
« Reply #25 on: January 16, 2019, 06:29:23 PM »
Can Bitcoin replace the role of paper money in the future?

I don't think it is. We are middle of the technological revolutions it these years. We've started to use digital money (from banking account with online banking). It only matter of time. Then, maybe we will be forget paper money...

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Re: Bitcoin is a substitute for paper money
« Reply #26 on: March 13, 2019, 06:46:38 PM »
Can Bitcoin replace the role of paper money in the future?
No, this opinion is wrong. Bitcoin didn’t claim to replace national paper money. He is not capable of that. No decentralized cryptocurrency is capable of this.
On the other hand, no state will ever allow it. The states will always protect their national money and rigidly react to any encroachment on their free circulation.

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Re: Bitcoin is a substitute for paper money
« Reply #27 on: March 14, 2019, 11:02:21 AM »
Can Bitcoin replace the role of paper money in the future?

No, because paper money, can be used without any internet connection. A replacement for Debit/Credit cards, YES! They need a network going, so Bitcoin can replace them very well.

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Re: Bitcoin is a substitute for paper money
« Reply #28 on: March 14, 2019, 11:15:52 AM »
Bitcoin was created with that ambition but it still need to stable more so that it has a fix price and then people can use it as a replacement of fiat

               

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Re: Bitcoin is a substitute for paper money
« Reply #29 on: March 14, 2019, 11:19:11 AM »
Can Bitcoin replace the role of paper money in the future?

Of course, Bitcoin is a virtual currency that can be used for any payment, but we also need banknotes for tangible proof of our funds, BTC has a good security level such as transaction data that cannot be changed.

 

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