Do you think the era of paper money is diminishing?

[Benwilder]

For paper money,it has outgrown its use for a while now such that people dont think of doing transactions holding huge cash at hand. The electronic way of transaction has taken over and its even faster and safer. Gradually when crypto becomes globally accepted, the entire fiat would be history

[Patellaa]

Of late, hardly would you see any person carrying a case full of cash just to go make a trade. Thoae days are gone, of late cashless transactions known as e-banking or electronic transactions have taken place and its safer and much reliable too. As crypto goes global gradually, it would replace the electronic fiats and be the sole medium of exchange

[Nanagyasi]

I do agree on the fact that handling paper money is becoming less common and that means digital money is about leading. I believe that we will gradually get to the time where paper money will be no more and all payment will be done digitally

[Alcor]

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.

With the advent of cryptocurrency, the use of paper money is really reduced. However, the reduction also has its limit. National paper money of the state will never disappear. In any case, not in five or fifty years. If in the distant future the states will switch to non-cash form of payments, they will not switch to the use of cryptocurrency exclusively. National money of the state has the opportunity to interact with the economy of this state, and the cryptocurrency does not have such interaction. Therefore, in the distant future, the world may be cashless, but not digital. Cryptocurrency can only go at the same time with the national money of the state - in cash or non-cash.

[getit]

Obviously, the world will go paperless in some years to come but that does not mean there  would not be fiat money. People would love to transact online and that will help crypto to grow

[xtian_1988]

I think that will not happen,Central bank will not allow that to happen. tho some may prefer to use Crypto but not all establishment can't accept that as a payment method specially the small enterprises and public transportation.

[Hector2005]

Definitely the era of paper money is slowly diminishing and people started to adapt digital currency though not all is aware of this i think in the future this will be the trend. Using digital wallet is convenient and easy as long as people is knowledgeable.

[lembayung]

Along with the development of technology, especially technology in the world of digital money, such as Cryptocurrency, obviously, the more days there are more enthusiasts in Crypto and use it as a digital currency. Judging from that, it is clear that the use of real money has already been abandoned even though Cryptocurrency also needs real money. But more and more people are starting to switch to Crypto and start not using real money in transactions.

[Dansoy]

I think so as well that's paper will start to decrease. Because we prefer to use credit or debit card and it's more convenient to use than bring a big amount of money. We don't feel safe anymore especially this generation.

[mlegend]

Banknotes are clearly decreasing. Technological advances are increasingly rapid and also increasingly spoil the technology users. Then came digital money technology like Crypto. nowadays more and more users and investors, therefore I am not surprised if paper money is increasingly not used anymore because it is less effective in making transactions, different from Crypto which is cheaper, faster, effective and efficient in dealing without third parties as well bank.

[Delgboke]

For me I don't think that paper money will vanish like that because there are some people in our society today that doesn't have the knowledge of Internet neither the use blockchain technology so I think that both currencies we exist,but cryptocurrency money will be more available for only those that have the knowledge.

[Delgboke]

We all know that some of our local community's don't have the knowledge of Internet neither aware of global age,I think for now the both currencies we still exist together though cryptocurrency maybe available for those that have a better knowledge about cryptocurrency money and those that don't have right knowledge we be using paper money unless the cryptocurrency sector has plan for the nuknowledgeable community's

[Zurcemozz]

Yes , i think that is the result of digital money, we have different mobile app here than can be loaded and turn into digital money, also this mobile app can pay like electricity bills , water bills etc, thus this means that digital money will stand out in the future.

[pakcoy]

I think paper money will remain and run as usual even though digital currencies are very popular because not many people understand digital currency, maybe people who already understand digital currencies will use digital money.

[bigzone]

I think with you. Indeed, in fact and data, the use of paper money has declined since the existence of Cryptocurrency and Blockchain technology. From the beginning I had expected it. Therefore Crypto can be referred to as a coin or future currency that can be relied on and follows the times. But Crypto can't beat paper money easily, there will be hard work and long time for Crypto to replace the full paper money.