Do you think the era of paper money is diminishing?

[Domithra]

The era of the paper money is gradually vanishing, no doubts about that. It appears cumbersome in the physical wallet of people especially when carrying a huge sums around. People's attention is gradually shifting to the digital currencies because of convenience. Cryptocurrency will definitely turn to be the master of all digital currencies due to its fast and transparent transactions.

[Cutter Cute]

Maybe that will happen, I don't think to bring 1 million dollars in a bag, it's very risky because our money can be stolen and it's not safe. Crypto makes everyone feel comfortable, no need to carry a bag to carry out large transactions, crypto is very safe for us to have it.

[Legends]

basically, not everyone can accept crypto well. there are even some countries that still prohibit cryptocurrency. and I think crypto's better development has made many people interested in studying cryptocurrency to make a profit from it.

[Andruha1993]

Yes it is. Because more and more people are interested in cryptocurrency, as it has become very popular. It seems to me in 5 years. Cryptocurrency replaces paper money.

[MOProgress]

Seriously paper money is beginning to seem less value as many people now move and do almost anything that paper money can do true online. In some developed areas in some of these developed countries, you virtually make any transaction without paper money.

[Octoalts]

I agree with your statement, that the current existence of paper money has begun to decrease, although in fact this is still very much needed. Nowadays, everything is digital, there are many buying and selling places that use digital transactions without paper money. And if the time has come, the paper money will be completely abandoned, and all of it moves to digital money.

[Alter]

Your opinion may be true if it is viewed from practicality to use it on a large amount. Crypto will be more flexible and easy to transfer. But when we are talking about its volatility and instability of the values, it will be quite difficult to be accepted as the national currency in a country. How safe the crypto becomes a legal currency. We should pay attention to this question.   

[jameslysa]

I think the era of fiat money is still not over, especially there are still many countries that are developing and using fiat money, and I think many advanced countries still use it, because not all people are technologically savvy and not everyone wants to accept new things that are sensitive like money, therefore I think the era of fiat money will still last a long time, but the era of digital payment will grow very rapidly replacing existing payment payments such as credit cards and others.

[JSD10M]

I guess so. I definitely prefer using a digital wallet or a digital card (not necessailry cryptocurrency) that I can use in my day-to-day financial transactions

[carcas]

But the number of hackers will be the biggest problem in crypto. Do people believe and trust Crypto if there are still cases of theft?

[Nestle]

I am not sure of your opinion. difficult to replace paper money. all are still using and more valuable. If crypto is used like paper money, I think people should learn to use it.

[Stavr1992]

Paper money in our time does not cease to be popular, however, if the blockchain technology will continue to develop at a dynamic pace, it is obvious that the cryptocurrency will force out the usual currency

[trofim21]

every day more and more people learn about cryptocurrency, and many make payments using crypto-conversions, but still many states make bans on cryptocurrency, I hope that everything will change

[Thegals]

At this time it hasn't happened yet. Because there are still many national economic activities that must use currency in transactions. Although there have been many new ways to make transactions through online systems today. But that is all an alternative to making long-distance transactions and does not take long.

[bountyecrire]

Yeah almost everyone is using credit/debit cards, carrying money is obsolete in these days. But will it change into crypto? Don't really know.  Firstly people might start using their phones, smart watches for payments, then maybe cryptocurrencies will come.