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Dormilon

Has the end of physical money come?

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If my friend, because of how everything is progressing with cryptocurrencies and more with bitcoin, it could be said that if the physical money is already or has come to an end, there is not much left so that it is no longer there and that if the money is there digital.

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Hey mate hope you all are fine I did not know about this because it I am new in this platform I did not know much about this platform but I want to know senior  please guide me.

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Despite the development and technological progress and the trend towards the cryptocurrency, we cannot expect the fiat currency to disappear completely from circulation, as there are many countries that oppose these currencies.

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Hello everyone,  I hope you are all doing well.  I don't think so it is the end of physical money. Because most of countries can't introduce digital currency in their country. But in future,  May be possibilities physical money is end due to Covid.

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There is great progress in accepting and recognizing cryptocurrencies worldwide, but I think it is too early to say that it is the end of material money. This needs further development around the world. There are some countries that do not have a good internet even.

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crypto currency i think it is just increasing the rate of money supply to the world and ithinkit is very helpful that crypto currency will have an impact in this worldthe sales offered by cryptocurrencies are very large and will tend to exceed physical money very soon.Your words may be correct. In some developed countries. 

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 I think it is not yet time that cryptocurrencies are still not used and known in many countries, especially because there are those who are fighting the idea as well. Fiat currencies cannot be dispensed with because they have value in all countries and it is still too early to think about that.

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Hello my friend,
I hope you are well, Actually, I do not think that the physical money has ended because currently there are many countries that do not have access to the world of the Internet, but I believe that in the near future the whole world will deal with cryptocurrencies.

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 I do not think that this will eliminate dealing in fiat currencies because many people cannot deal with cryptocurrencies and digital currencies because they do not have electronic devices (computers or phones).this thing is not applicable till this day but may be in future and in next generation it will be applicable.

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It is good to use cryptocurrencies completely between all countries because that will help us get rid of the exchange of money between countries and use cryptocurrencies as a common currency for all countries. Thank you.

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No my dear friend this is not true 

Because there are so much places where people are not aware about crypto currency 

so it will take some time to spread crypto currency in all over the world

Thanks

 

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A good topic to talk about .. the world of digital and cryptocurrencies will be applied within years .. because the Internet or the application of the electronic payment system does not exist in some countries .. When everyone trusts these currencies, a new door will open and the door to cash and paper currencies will be closed .. I hope so

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It will be nice really if we get to pay and take money with only coins 

but still what if hackers takes all money from us 

Until now we don't know how to protect our mobiles from them 

 

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Many plugs all through the Internet talks about the thrive of Cryptocurrencies' future. But I don't think that's gonna happen because:

Thinking about the history of trading.. First, there were no coins to use. They used to exchange goods with other goods. Later, gold and metal coins have appeared which have been followed with paper money and now Cryptocurrencies, but none of them cancelled the other.

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Cryptocurrency is a great platform. You can gain a lot of knowledge through this forum. The more you research about crypto, the more you will be able to gain experience. Starting small in this forum, more profit is possible. 

 

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This is very cool .. I feel with digital currencies that they are safer and more smooth in trading .. but unfortunately these currencies have not spread all over the world because most countries do not have the Internet and do not know what digital currencies are .. I hope in the future that digital currencies will prevail in the world ..  good luck for everbody

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Yes it is a digital currency which can be ended any time because its has no bank up on this platform so we should invest in a legit coins so that we can earn a proper money. 

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Dear friend cryptocurrencies are online currencies. I dont think it will kill physical money. cryptocurrency is evolving in a way that helping the people around the world for having a new way of transacting goods and services provided online.Everyone use digital currency and buying online means the end of physical currency. Jazak Allah ♥️

 

 

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Hello , My friend ,Yes people are getting to know about cryptocurrency in many parts of the world and  physicasl money is already transforming to wireless payment systems  but there are some people also who believe only in physical money , so  its not the end for fiat, it will be alive for 10-20 yeas for sure.

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I agree with you friend, I think this will happen and end the dominance of the monetary currency and the occupation of digital currencies in the world

There are many news that confirm these words and there are many international companies that have started dealing in digital currencies through selling, and this is a distinctive step for us and will give us a lot of psychological comfort in dealing with it.

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i feel this is able to stick probably due to from the up to date in the name of social class converging spectacular cryptography real life furthermore cybercash, however needs to stand by advanced furthermore documented both those nation-states, also, there are going to be unspecified which nevers actually have infobahn, so, it can crop up along a protracted tenure perspective.

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I think that this may be possible due to the recent number of people who have joined the world of cryptocurrencies and digital money, advanced elimination of physical money in light of the continuous use of electronic payment and the ease of this field as long as the necessary capabilities are available
 But it needs to be developed and accepted in all countries, too, there are some people who don't even have the internet, so, it can happen in a long-term view.

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Surely, this is a wonderful topic and you have explained it quite beautifully as well. According to my point of view, it would happen gradually, if happened because it would take a good amount of time to eradicate the physical money from the scenario.

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Hello my friend, it would be nice to see such a change in the economy of countries and individuals, that the path of development that we are living in corresponds with the electronic currency you are talking about, and I think that domination by one party is a scary thing, but I think we need to know more about this. Topic so thank you for the nice post

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Well my dear friend we are going towards the modern world where every transaction will be done online. And its not only in developed countries its all over the world. But as we are becoming a modern world so it does not matter that the physical money will come to an end.

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