follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here

Author Topic: Paper Money vs. Digital Currency  (Read 16957 times)

Offline Anonylz

  • Hero Member
  • *
  • *
  • Activity: 1115
  • points:
    16894
  • Karma: 27
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: December 06, 2023, 04:48:42 PM
    • View Profile

  • Total Badges: 17
    Badges: (View All)
    Second year Anniversary Search 10 Posts
Re: Paper Money vs. Digital Currency
« Reply #105 on: April 17, 2021, 08:09:38 AM »
The majority of people in the world believe in paper money. They believe it is used to buy and sell goods and services. A currency that is physically visible to the world.
But the world to come is the world of digital currency. Because it's an easy and reliable way to send and receive money anywhere in the world. We can send or receive money in minutes.
But there is a big difference between the two currencies.
Therefore, it is very difficult to adopt digital currency worldwide. Because consumers are not familiar with this new technology and they are not willing to use this payment method. Because they still don't believe in this technology.
So, how do we persuade people to adopt digital currency?

I Translate Only This Page : https://www.altcoinstalks.com/index.php?topic=187284.0
I believe with time this will be realize as in the adoption of digital currency like cryptos and this is due to technological awareness, availability and understanding like you said. A lot of people still dont have access to and hence lack the understanding of all this technological gadgets/features that can facilitate all digital currency transaction and until this is widely accessible, it would be difficult for Digital currency to take over paper money. 

Altcoins Talks - Cryptocurrency Forum

Re: Paper Money vs. Digital Currency
« Reply #105 on: April 17, 2021, 08:09:38 AM »

This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here


Offline Callisto

  • Hero Member
  • *
  • Activity: 890
  • points:
    1
  • Karma: 95
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: April 03, 2024, 04:39:53 PM
    • View Profile

  • Total Badges: 19
    Badges: (View All)
    Third year Anniversary Second year Anniversary 10 Posts
Re: Paper Money vs. Digital Currency
« Reply #106 on: April 17, 2021, 12:09:14 PM »
I think there is no need to convince people to switch to the world of cryptocurrency, this is the popularization of cryptocurrency itself, the hype around it, it does this process itself, more and more people begin to believe in it, you just need to wait.

Offline Saddam Hossain Dipok

  • 1st Step
  • *
  • Activity: 3
  • points:
    174
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: April 18, 2021, 09:56:22 PM
    • View Profile

  • Total Badges: 6
    Badges: (View All)
    First Post Second year Anniversary One year Anniversary
Re: Paper Money vs. Digital Currency
« Reply #107 on: April 17, 2021, 09:50:46 PM »
The two are different.  However, the circulation of digital currency has increased over time.  Easy to carry. Fast transactions Due to all these, the popularity of digital currency is increasing.  Paper coins are rarely used nowadays

Offline The Translator

  • Full Member
  • *
  • Activity: 310
  • points:
    1333
  • Karma: 4
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: April 19, 2021, 04:50:30 PM
    • View Profile

  • Total Badges: 15
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Paper Money vs. Digital Currency
« Reply #108 on: April 18, 2021, 06:25:48 AM »
it's true that we must keep up with technological developments, but we know that not everyone can accept the digital currency. I think it will be quite difficult to persuade ordinary people to adopt digital currency because most lay people find paper money more effective

Offline gunhell16

  • Legendary
  • *
  • *
  • Activity: 1732
  • points:
    46008
  • Karma: 65
  • Your Privacy Matters
  • Trade Count: (0)
  • Referrals: 8
  • Last Active: May 21, 2024, 12:00:14 PM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    Fourth year Anniversary 10 Poll Votes Third year Anniversary
Re: Paper Money vs. Digital Currency
« Reply #109 on: April 19, 2021, 01:26:04 AM »
The majority of people in the world believe in paper money. They believe it is used to buy and sell goods and services. A currency that is physically visible to the world.
But the world to come is the world of digital currency. Because it's an easy and reliable way to send and receive money anywhere in the world. We can send or receive money in minutes.
But there is a big difference between the two currencies.
Therefore, it is very difficult to adopt digital currency worldwide. Because consumers are not familiar with this new technology and they are not willing to use this payment method. Because they still don't believe in this technology.
So, how do we persuade people to adopt digital currency?

I Translate Only This Page : https://www.altcoinstalks.com/index.php?topic=187284.0

Nowadays, I think out of 100% it is still 95% all over the world remain dependent on paper money.
But both are helpful to everyone actually, in fact, paper money and digital currency are also helping one another, just like if someone wants to send money from the other country they can use digital currency to do it.
And this was already proven and tested to me and also to some of the community here as well for sure.
...Tumbler.io......Because.Your.Privacy.Matters......Bitcoin.Mixer...

Offline Senin

  • Legendary
  • *
  • *
  • Activity: 1762
  • points:
    52093
  • Karma: 143
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: February 27, 2024, 12:23:46 PM
    • View Profile

  • Total Badges: 23
    Badges: (View All)
    Fourth year Anniversary Third year Anniversary 10 Posts
Re: Paper Money vs. Digital Currency
« Reply #110 on: May 02, 2021, 09:44:53 AM »
The majority of people in the world believe in paper money. They believe it is used to buy and sell goods and services. A currency that is physically visible to the world.
But the world to come is the world of digital currency. Because it's an easy and reliable way to send and receive money anywhere in the world. We can send or receive money in minutes.
But there is a big difference between the two currencies.
Therefore, it is very difficult to adopt digital currency worldwide. Because consumers are not familiar with this new technology and they are not willing to use this payment method. Because they still don't believe in this technology.
So, how do we persuade people to adopt digital currency?

I Translate Only This Page : https://www.altcoinstalks.com/index.php?topic=187284.0
Unfortunately, the current cryptocurrency is not yet an easy and reliable way to manage our finances. To learn how to work with cryptocurrency, you need to spend quite a decent amount of time, and this is what people do not want or cannot afford. Many make various mistakes and because of this, they lose access to their wallets and their cryptocurrency. It certainly scares people off.
The transition to the use of digital currency should occur gradually and as it improves. This process is lengthy and not for one generation.

Offline smrityirany

  • Full Member
  • *
  • Activity: 237
  • points:
    9760
  • Karma: 1
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: April 15, 2024, 06:06:46 PM
    • View Profile

  • Total Badges: 10
    Badges: (View All)
    Third year Anniversary 10 Posts First Post
Re: Paper Money vs. Digital Currency
« Reply #111 on: May 02, 2021, 11:55:28 AM »
Till today paper money is dominating world economy , though the crypto currency is being familiar and popular day by day. The modern world is being digitalized gradually; at the same time new generation do not think except digitalization; so the demand of digital money will be increased day by day moreover it is easy to transect.

Altcoins Talks - Cryptocurrency Forum

Re: Paper Money vs. Digital Currency
« Reply #111 on: May 02, 2021, 11:55:28 AM »


Offline tvplus006

  • Legendary
  • *
  • *
  • *
  • Activity: 3567
  • points:
    3741
  • Karma: 651
  • Premium Bitcoin Mixer
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 03:48:13 AM
    • View Profile

  • Total Badges: 24
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Paper Money vs. Digital Currency
« Reply #112 on: May 02, 2021, 12:28:35 PM »
No one should doubt that digital money will displace paper money from circulation. But it will not be an ordinary cryptocurrency, but a national digital currency issued by the governments of various countries.
█████████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
██████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
█████████████████████████████████
█████████████████████████████████████████████████████████████████████████████
.
MixTum.io
.
█████████████████████████████████████████████████████████████████████████████
█████
██
██
██
██
██
██
██
██
██
██
██
█████
.
▀▄ Premium Bitcoin Mixer ▄▀
█████
██
██
██
██
██
██
██
██
██
██
██
█████
███████████████████████████████████████████████████████████████
.
MIX FREE
Up to 1mBTC
.
███████████████████████████████████████████████████████████████
█████
██
██
██
██
██
██
██
██
██
██
██
█████
████████████████████████
█████████████▀▀████████
████████████▀▄█████████
██████████▀▌▄██████████
██████████▌███████████
█████████▀▄███▀████████
██████▀▄▄██████▀███████
█████▀▄█▀▄████████████
██████▀▄█▌▐████▐█████
█████▌▐█▀▌▐█████▐█████
██████████████▄██████
███████▄██████▄████████
████████████████████████

Offline Hasan986

  • Sr. Member
  • *
  • *
  • Activity: 417
  • points:
    3811
  • Karma: 6
  • NFTanks
  • Trade Count: (0)
  • Referrals: 2
  • Last Active: August 05, 2022, 01:01:51 PM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    10 Posts First Post Sixth year Anniversary
Re: Paper Money vs. Digital Currency
« Reply #113 on: May 02, 2021, 05:09:57 PM »
Paper money will become obsolete at some point, maybe it will become obsolete in the next generation. One day digital currency will be everything.  Will force everything to happen. Many things in the world have now become digital currency based in many countries. The demand for banks is slowly declining. People are converting to digital currency as there are many benefits to digital currency from paper money to transactions.
                  ▄▄▄▄▄▄ ████▄██▄ █████████
████████ ████████ ███████▄██ █████▄ ███████
██████████████   ████████ ▀▀ ███████▄███████
████████████████████████         ████ █        ▄▄▄▄ ▄▄    ▄▄▄▄
██████████████████████████         █████         █████   █████▄▄█████████▄█████▄▄▄██████▄
█████████████████████ ██████▄     ██████       ████████   ▄█████████ █████████████████████
▐█████████████████████▄ ██████     ███████      █████▀   ███████████ █████████ ████████████
▐███████████████████████           ███████      ▀██████   ███████████ █████████  █████████▀▀
▐██████████████████████▄          ███████     █▄ ███████  █████████████████    ████████▄
 ████████████████████████▄         ███████     ███▄██████  ██████████ ██████████ ▄▄██████▄
 █████████████████████████         ███████     ████▀▀▀████ ███ ███████████████████████████
 ██
███████████████████████         ███████     ████   ████ ███  █████████████████████████▀
 █████████ ▀▀▀▀▀▀▀ ▀▀▀▀▀▀           ▀▀▀▀▀▀▀     ▀▀▀▀   ▀▀▀▀ ▀▀▀    ▀▀▀ ▀▀▀    ▀▀▀▀▀  ██████▀▀▀
[  PvE Mode  ]   [  PvP Mode  ]   [ Team Battle ]
|   TWITTER   |  TELEGRAM  |   DISCORD   |

Offline Paha87

  • Legendary
  • *
  • *
  • Activity: 2342
  • points:
    20141
  • Karma: 159
  • https://t.me/testnet_guide
  • Trade Count: (0)
  • Referrals: 15
  • Last Active: January 20, 2024, 03:06:25 AM
    • View Profile

  • Total Badges: 25
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Paper Money vs. Digital Currency
« Reply #114 on: May 02, 2021, 05:15:36 PM »
I don't see any reason to vote for paper currency! The dollar as an international paper means of payment is not backed by any valuable minerals or other form of physical capital, so it is simply a fiction of the global financial market. Cryptocurrency is the future means of payment, only payments will be very simplified compared to today's technologies.

Offline AGM

  • Sr. Member
  • *
  • Activity: 495
  • points:
    11358
  • Karma: 12
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: May 22, 2024, 01:38:49 PM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    Third year Anniversary Second year Anniversary 10 Posts
Re: Paper Money vs. Digital Currency
« Reply #115 on: May 02, 2021, 05:37:19 PM »
Both fiat currency and cryptocurrency are good, they are both used for different purposes. Almost all of the people are using fiat currency because this is the standard one and no one can live without it because they are using it to sustain their daily needs and wants while cryptocurrency is still new for the eyes and ears of many people because it is used on the internet and some are not familiar with using the internet and some are now having a stable internet connection.

Offline Anonylz

  • Hero Member
  • *
  • *
  • Activity: 1115
  • points:
    16894
  • Karma: 27
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: December 06, 2023, 04:48:42 PM
    • View Profile

  • Total Badges: 17
    Badges: (View All)
    Second year Anniversary Search 10 Posts
Re: Paper Money vs. Digital Currency
« Reply #116 on: May 02, 2021, 05:46:38 PM »
The majority of people in the world believe in paper money. They believe it is used to buy and sell goods and services. A currency that is physically visible to the world.
But the world to come is the world of digital currency. Because it's an easy and reliable way to send and receive money anywhere in the world. We can send or receive money in minutes.
But there is a big difference between the two currencies.
Therefore, it is very difficult to adopt digital currency worldwide. Because consumers are not familiar with this new technology and they are not willing to use this payment method. Because they still don't believe in this technology.
So, how do we persuade people to adopt digital currency?

I Translate Only This Page : https://www.altcoinstalks.com/index.php?topic=187284.0

There will be no need for persuasion, more People will still come around to use the digital currency, that is cryptocurrency but this will be only those that have the knowledge to do so because like we all know, digital currency even though it is easier and faster for most crossover transactions, it need the know how which most people for now wont be able to do.

Offline ranaprime

  • Legendary
  • *
  • *
  • Activity: 1266
  • points:
    30857
  • Karma: -10
  • BITGAME - Blockchain Betting Platform
  • Trade Count: (0)
  • Referrals: 3
  • Last Active: March 17, 2022, 02:43:48 PM
    • View Profile

  • Total Badges: 24
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Paper Money vs. Digital Currency
« Reply #117 on: May 02, 2021, 05:50:03 PM »
In my opinion, from the differences between each, there are some advantages and disadvantages, in terms of use, it is clear that digital money is superior because it is easy and can be used anywhere and from a security point of view, I think paper money is superior because it can be stored in a bank. At present although the value of paper money is higher then digital currency but in future digital currency will dominate every where in the world.

Offline Bolopecah

  • Sr. Member
  • *
  • *
  • Activity: 402
  • points:
    3191
  • Karma: 3
  • Official Street Team member
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: August 13, 2022, 08:33:42 PM
    • View Profile

  • Total Badges: 18
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Re: Paper Money vs. Digital Currency
« Reply #118 on: May 02, 2021, 05:58:36 PM »
Trust me, I believe in digital currency more then paper money. Cz, I always love to hold my money in decentralized place. So, Cryptocurrency, specially BTC is best for it. Paper money always centralized. I need to use paper money. But, I love to hold my money in digital currency.
Beyond Protocol Street Team
http://beyond.link | Coming Fall 2021

Official altcoinstalks thread

Offline whyrqa

  • Sr. Member
  • *
  • *
  • Activity: 482
  • points:
    12139
  • Karma: 45
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 02, 2024, 08:20:57 PM
    • View Profile

  • Total Badges: 15
    Badges: (View All)
    Third year Anniversary Second year Anniversary 10 Posts
Re: Paper Money vs. Digital Currency
« Reply #119 on: May 02, 2021, 06:15:49 PM »
Of course, it will still be very difficult to accept and use cryptocurrency in everyday life, but we will have to give up paper money very quickly and even the government will be interested in this. today, almost all countries are advocating for citizens to switch to cashless payments and get rid of the habit of using paper money.

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod