The fate of Banknotes

[Rabia]

what would you think about the banknotes in the future In the midst of this new invasion of electronic currencies ?

[Alcor]

National banknotes of different states will always exist, at least in the foreseeable future. The decentralized crypto currency has no real chances to displace them. No state will agree to use bitcoin or other decentralized crypto currency as the sole currency of the state. Even with increasing use of various types of non-cash settlements, national paper money will have circulation, since there will always be groups of people who will only use them or partially them. Yes, and there will always be cases when counting banknotes will be the most convenient way.

[trofim21]

ordinary money will never disappear, I'm sure, but the fact that the Crypto currency will be on the same level will definitely be, it all just takes time

[Miftakhul2]

paper currency in the future will probably not be used again so that the paper currency in the future will be a historical currency or antiques, because the currency will be replaced by electronic currencies ,,,,,

[Garuda]

I think paper money will still exist even though the digital currency has developed. Although bitcoin can be used for transactions, in reality many people who have bitcoin are only for investment and profit. So, the bitcoin function that can be used to transact is in fact not fully used.

[Sabarhati]

Banknotes may also still be used, only electronic money can be coupled with banknotes in the future, and more people are known than now ..

[moonking]

I haven't touch physical banknotes in a long time, its all debit, visa or transfer where I am, cash is still used but not that much.  And I think debit cards and visa will eventually be replaced by cellphone paying.  It would be hard to use bitcoin in retail space due to confirmations, but a debit visa that converts your coins when you need them into cash, for the exact amount of dollars needed for the purchase, should be fine.  Since coins are in the account already, no confirmations needed, just to convert to cash.