Do you think the era of paper money is diminishing?

[Fenix]

The circulation of paper money in the world really decreases, but paper money will not disappear. They will walk at the same time with non-cash money and cryptocurrency. Each type of this money has its advantages and disadvantages. They have paper money. For various reasons, a certain part of the world's population will not be able to constantly use non-cash money or cryptocurrency. Therefore, in order not to come to barter, paper money will always be in demand.

[Noobaru]

Yes, I've seen many people switching to credit cards, coupons, paying with mobile phones, etc. But there is still something special about holding that "worthless" paper in your hands, isn't it? I would say the use of paper money will decrease gradually, but never truly cease to exist. At least not for our lifetimes.

[Galon]

there are still many countries that ban cryptocurrency, I hope everything will change. every day more and more people learn about cryptocurrency, and many make payments using crypto-conversions.

[de_prof]

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.

Yes I think the era of paper money is diminishing. It will be digital era. I believe It will happen soon. Lets see.

[Bhussainn2]

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.

[ipanks]

I don't think that the era of paper money diminished because we still use paper money in all country and they still prefer to have paper money than cryptocurrency. But soon, after the resource of paper money is reduced too fast, then the government need to think about replacing the paper money with something new.

[napster]

Well, I hope so but I don't think so.

Paper money is like wasting time when you compare it to the crypto, but there are tons of people who is never going to believe crypto since they are not able to hold in in their hands.

[Garuda]

When viewed from the progress of the technology. I am sure that the real money for its use is getting worse nowadays, even though it is little by little. But nowadays Cryptocurrency itself is also more and more users and its development is progressing even though the price is still unstable. I think it will be true that Cryptocurrency will be the future currency.

[indexx]

When viewed and cared for carefully and securely in daily life. Indeed, paper money is now being reduced in function, because of the large number of people using Crypto, supported also by the number of companies that use crypto also make salary payments to their employees. So this will be an interesting thing where paper money will slowly disappear.

[Mut-coin]

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.

[Arybes]

At present, Cryptocurrency itself is getting more and more users and its development is progressing even though the price is still not stable. I think it would be true that Cryptocurrency will become the future currency. I am sure that real money for its use is getting worse nowadays, though little by little.

[Sangu Ngaji]

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.

Yes I think, Digital era will come soon. The era of paper money is diminishing.

[inewoods]

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.

Yes i believe more and more people prefer to pay in digital currencies but need not be crypto but like other payment like visa and master as this is what the world want us to be as a digital country.

[ivanleon]

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.

Nowadays, everyone uses Bank cards or Apple Pay, if you do not want to use traditional paper money.Potentially cryptocurrency is better than Fiat money, but it is unlikely you will use Bitcoin to pay when its rate is so volatile. Perhaps in the future, cryptocurrencies will develop and this issue will be resolved.

[Iconetlife]

I think that since there have been debit and credit cards coming into the community, the production of Fiat has become less and less. It is seen in several developed countries such as the US, Japan, China, Korea, even Singapore. I have not found the impact of crypto as a substitute for paper money, even crypto does not affect at all except countries that are experiencing a crisis such as Venezuela.