for beginners Has the end of physical money come?

[proahmad110 32]

Cryptocurrencies are the currency of the future. But I think it will take time because many poor countries need a long time to deal with cryptocurrencies.

[Khanak123 177]

Yes human beings are gaining knowledge of approximately cryptocurrency in lots of elements of the sector however there are a few human beings additionally who accept as true with best in bodily money. They do now no longer consider on electric and digital money. So I suppose bodily money can be absolutely cease whilst human beings completely consider on cryptocurrency.

[Mecalum 421]

Dear friend according to my idea physical money will be never ended because in many countries cryptocurrencies are banned and in many countries there is no internet access so i think that physical money will be never ended.

[Alex Fron 602]

Thank you for this new information about the digital currency of China have been using in that country. But I don't think it can be compete the physical currency in world wide. Because even today, people in many countries of the world have not been able to accept Bitcoin. Because people value physical currency more than the Bitcoin. So it is very likely that the Bitcoin will be able to compete with the physical currency.

[tobom 133]

I think their physical money is unlikely to end. Since cryptocurrencies cannot be controlled by a certain person, I think most countries prefer to prioritize physical currencies.

[RabitoBB 29]

I doubt that will happen my friend, your news is very good, but the end of physical money is almost impossible, since everyone uses paper money, what is more possible is that everyone uses both paper money and digital money, in this case cryptocurrencies, since paper money has sustenance from the wealth of the countries.

[Riyas1612 359]

Digital currency and physical currency, I don't think it's possible to move on to digital currency instead of physical currency. The reason I am thinking is about security of digital currency. There are possibilities of get scammed on digital world. So everyone don't accept this. We see the crypto currency is developing day to day. The digital money and physical currency both will stands on use. 

[Sssh115 390]

Dear friend, you are a very important topic and it must be discussed. We cannot give an accurate answer to this question, but I can tell you that cryptocurrencies have gained wide popularity and great development to all countries of the world, so I believe that better results will be achieved in the coming days.

[Dabotaifi 22]

My brothers and sisters up to now Corona virus has been destob urs so we need pay let Corona virus Dead so that we can enjoy cryptocurreny well 

[Mhdnaj 6]

I think it is not possible that in the world the money is change into digital. Because still there are many countries there no well installed internet connection. So they can't use the advantages of digital money.

[Faizan12 1708]

No i don't think so because they are both different currencies if you are using the digital currency than its more benefit to use your national currencies but the important thing is that the future is now the digital currency so we should also use both currencies

[Lion heart 71]

On 10/11/2020 at 11:22 PM, Dormilon said:

According to news in recent days, the Asian giant, China, is testing to launch a digital currency, the e-yuan, which would come to compete in the hegemony of the US dollar worldwide, the difference between the two currencies is technology that each one entails, while for the US printing dollars includes expenses in paper and ink, in addition to physical space for storage, the e-yuan will be a digital currency, specialized in financial exchange through devices that will make the modern era of world finance.
With the e-yuan, physical money in China will remain in the memory of many and in the showcases of collectors as something that has completed a cycle within the country.
I must clarify that it is not a Cryptocurrency, it is different, it is centralized and traceable by the Chinese government, which is its issuer, with this this country tries to have its own payment architecture similar to the swift used today by different countries , but whose protagonist is the dollar, the e-yuan will, of course, be more advantageous for these exchanges than the dollar.
Modern times are coming and the existence of physical money is coming to an end, now our money will walk on our devices.
Other information in this regard can be seen at this link:
https://www.dw.com/es/china-lidera-la-carrera-por-la-moneda-digital/a-55174170#:~:text=El banco central de China,digital soberana % 20important% 20del% 20mundo. & Text = From% 20principios% 20de% 20este% 20a% C3% B1o, backed% 20by% 20el% 20central bank% 20.

It is in Spanish, but you can use the translator 🙂

 

 

 

I think physicasl cash is as of now changing to remote installment frameworks, yet its not the end for fiat, it will be alive for 10-20 yeas without a doubt.

[A beer04 208]

Welcome my friend, it is something that cannot happen now, but it is permissible in the long run and when all people have the Internet available and available

[Akhi2021 131]

My dear friend, the physical meaning may be over.  Because so far every transaction can be done through phone use.  With just a quick scan of the QR code you can transfer your payments.  Cryptocurrencies have gained wide popularity in all countries of the world.  So I believe that higher results can be achieved in the coming days.

[Faizan ali 80]

On 10/12/2020 at 5:12 PM, Faraor said:

There are many countries or places/regions in many countries that dont have even an access to the internet. So for them electronic money is something from the fantastic films. But the passage of the time for the new generation ofcourse physical money will not be used anymore. 

Yes dear friend you are absolutely right now world has made a huge progress and now I do not think so that is there any country in the world that do not have access of internet and information about digital currency lot of people prefer it over physical currency.

[Madsee7 167]

Truly individuals are becoming more acquainted with about digital currency in numerous pieces of the world yet there are a few people additionally who accept just in actual cash. They don't trust on electrical and virtual cash. So I figure actual cash might be totally end when individuals completely trust on cryptographic money.

[Gela 108]

I think we can all agree that cryptocurrency is a start of a new era. This is a new level of currency that internet users can get ahold of. It is used in the web where a lot of people have began relying to in terms of businesses, work even education. 

[Zrnabaly 179]

Yes dear many countries introducing thier cryptocurrency. But know this time physical money have to much importance for people. But the time came when digital currency used.

But this time more people work for physical currency. And some people don't know about the digital currency. 

Thanks.

[Ukashatu12 20]

The dead time for Fiat currency has not come yet perhaps in the next 20 to 30 years all transactions will be carried out virtually Fiat currency will no longer be in used.

[Pablo456 400]

I think that if the end of physical money has come because now everything is handled digitally, everything is handled with cell phones, computers and in addition to that also the purchases of anything you want to do can be done digitally, you can have money on your cell phones and cards too with money that are very safe.

[Furkan Zengin 62]

In fact, the world is already using digital currency. I have some money in my bank account, but I never have that many banknotes in my wallet. I do my purchases with my credit card, which is a digital currency.

[Marsel2000 704]

China is a giant and educated country, so it applies a cryptocurrency in its country, but in other countries there are many people who only believe in physical money and do not trust virtual money, and in our time we see that cryptocurrencies have a great value and a beneficial effect in the world.

[abdullah313 22]

China has announced more than once that it will issue the digital iwan, but I do not think that it will enjoy all the advantages enjoyed by cryptocurrencies, especially the advantage of privacy and confidentiality of transactions.

[Chottisas 330]

I think in developing country they develop their physical money,And it could be very possible due to to recent people that are joining cryptocurrencies world,But it needs to be develop in any country,but there are some people who don't even have internet to even start the cryptocurrencies.

[Mr. Johan 516]

The digital age is indeed coming and many countries have developed a lot but still the era of physical currency cannot end so quickly. It is true that digital currency is being used in many countries and in future more countries will use digital currency but still physical currency will be used as well.