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Will paper currency be replaced entirely by digital one in the future?
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It's hard to predict the future with certainty, but I don't think paper currency will be replaced Entirely by digital one anytime soon. While digital transactions are becoming more popular, there are still many people who prefer to use physical money for various reasons. Additionally, there are certain situations where paper currency is necessary, such as in areas without reliable internet or electricity.
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eventually it will. some type of digital version for the dollar or any currency.
yeah we are heading there already. payment systems like UPI is really booming in India and more people are using it for digital transactions
We're already on a digital currency in my opinion. Our assets and liabilities are stored as digital data and most payment facilities are done purely digitally in most parts of the developed world.