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13 December, 08:54

Will the us economy need paper money in 10 years, explain your answer

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  1. 13 December, 09:19
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    I honestly think that paper money would be a good thing in the next 10 years but I don't think it will be there. The reason I don't think that paper money would be in the future is because we are going electronic for almost everything. Most people don't even use paper money anyway. Most people use debit cards or credit cards. Some of the setback of taking away paper money is that a lot of companies will have to change the way they work. Not only that but then we need to make a new kind of virtual money for us to use other than credit cards and all that. We do have Bitcoins but that is an unstable form of money at this moment in time. All I can say is that time will tell if we still have paper money, but if we do then we didn't really loose anything or gained anything.
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