Topic: Are you sure crypto is the future currency? - page 9. (Read 2414 times)
Anything can happen, but what about fiat money? What about the banking system? If crypto is used as future currency, who will control it while the crypto is decentralisation?
Crypto by nature is volatile and unpredictable, therefore with that nature, I don't think anyone can be sure about it's future.
The main reason why we are investing here is because we believe on its future, but we are not sure with the future as we are considering the risk on investing.
Even bitcoin which is currently the most dominant coin and the most popular, I still can't be sure that it will continue to rise or will survive in the long run, but for me, I believe that Bitcoin brings decentralization to the world which is a game changer.
The main reason why we are investing here is because we believe on its future, but we are not sure with the future as we are considering the risk on investing.
Even bitcoin which is currently the most dominant coin and the most popular, I still can't be sure that it will continue to rise or will survive in the long run, but for me, I believe that Bitcoin brings decentralization to the world which is a game changer.
Even if I'm not completely sure. I'm sure some of it.Because day by day a huge change is going to be noticed.Hopefully the way people are becoming digitally dependent day by day. By doing so, its future is going to be much more expected.
If you look at how any digital e-pay currency work today, you will found how much it has in the similar with cryptocurrency. Clearly, both going toward the future and there no doubt about cryptocurrency.
I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.
Cryptocurrencies are a reaction to pressure from financial regulators. They (cryptocurrencies) will exist side by side with fiat currencies for a very long time 
Recently, Binance has taken a huge step towards popularizing the crypt around the world by announcing the release of its crypto card. You can use it to pay as easily as using a debit/credit card. A recalculation from crypto to Fiat occurs at the time of payment.
As far as I know, this is just their idea, it will take time for them to implement this project. And I believe it will not be easy, they need to do a lot of things to make their payment card acceptable in Europe.Slowly they are spreading the cryptocurrencies around the world and it will take time to get awareness about the cryptocurrency, Binance is becoming a global cryptocurrency exchange and it will help them to implement all sorts of customers needs in the coming days.
I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.
I am not sure but it has huge chance to be the future currency of the world. Day by day, Crypto is becoming popular in every corner of the world. To be the future money, most country need to legalize crypto but will it possible? Because, crypto is decentralized where no government has control over it. If Govt has no control, how they legalize it and how it will fully become future currency? This is the main question about the future of crypto.
With the technological advancement we have where the usage of cryptocurrency lies, we can say that cryptocurrency is the future of currency. But as of the moment, it is still not widely accepted and we all know that there are still countries and governments that are opposing or against the usage of cryptocurrencies. Not just that, the adaptation which is needed for it to be widely acceptable is not yet achieved. It would still take time for that thing to happen because there are still lots of things that are needed to be fixed and to be considered for it to be acceptable most specially by normal or ordinary people who are claiming that they cannot still afford to adapt on using cryptocurrencies due to technicalities involved. Learning and understanding must be the first thing that is needed to be done so that people can truly know the essence and importance of cryptocurrencies for them to be able to accept it and that is when wide and massive adaptation would happen and that would be the greatest turn over for cryptocurrencies to be claimed as the future of currency.
Until any other currency that is widely accepted, used and digitalized comes up, crypto is still and will continue to be the future currency. The countries banning it will fall in line soon, give it time.
I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.
If you say the future? it looks like fifty-fifty, in terms of the concepts that exist in cryptocurrency is a concept that is needed in the future, where transactions are easy to use. Can make transactions anywhere and outside the country easily, digital concepts are also things that are needed in the future. Moreover, cryptocurrency has technology that promotes data transparency and data security.Why do I say fifty-fifty because cryptocurrency still has weaknesses. Examples of bitcoin and some other coins that have high prices will find it difficult to make small transactions. Whereas the stablecoin that is said to be suitable for a transaction does not yet have a way to make a purchase transaction directly.
I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.
How it will happen if other country banning cryptocurrency? Also not all people knows how to use bitcoin and they don't have access to the internet or either they don't have gadgets to use for online transactions like bitcoin and other cryptocurrencies. Still need more time before it will use as a currency like our fiat. Who knows in the future we will use cryptocurrencies but I still doubt if people agree to use crypto because cryptocurrency is very volatile. I guess some people will prefer to use crypto and some prefer digital money like USD, JPY just like that.
there will solution to overcome this problem. many developers team building a system so cryptocurrency could adopted in real life with its volatility. if all rate count based on recent price, i think there is no more problem. some project already success make collaboration with online store to accept their token and even give cashback when used it. 
When you compare it with FIAT, then it is better in every feature! Crypto is digital, you can send it overseas in few seconds, the transaction is not reversible, so it makes it trustworthy. No one is able to cheat in the system and creating free money. It is decentralized and transparent, this would help it to expand globally. Plus the limited supply makes it rare and valuable 
You made some valid points but I won't entirely agree with you on "crypto is bettter than FIAT in every feature". Crypto still lags in some areas, sometimes network clog cause delay in transactions for BTC and also high fees like what we experience recently with ETH transactions. In future, FIAT will still be used, no two ways about it but we hope crypto mainstream adoption comes. Both FIAT and crypto have their pros and cons.
When you compare it with FIAT, then it is better in every feature! Crypto is digital, you can send it overseas in few seconds, the transaction is not reversible, so it makes it trustworthy. No one is able to cheat in the system and creating free money. It is decentralized and transparent, this would help it to expand globally. Plus the limited supply makes it rare and valuable
I think so, digital currency is a modernize currency of the future. And i think thqt in the next generation, people would use digital currency instead of fiat since the next generation is soon enough to be a digitalize world. So i agree that cryptocurrency is one of the use currency around the world in the future.
while there is a lot of resistance to crypto, we can say that so far so good. people are getting used to the fact that crypto is here to stay and there is probably nothing much that can be done about it. The security it guarantees is one unbeatable advantage it has over any other mode of transaction, and the fact that its tranfer is real time makes it an amazing medium of exachange. it might not happen today or tommorrow, but in the long run, crypto will take over
I am not sure if fiat money is the future, look at how governments and central banks would like to solve the upcoming crisis. More printed money, negative interest, and helicopter money. Do you think that we can still make money from the air? 
Fiat is the traditional money and been existing for many years. Do you still have doubt that it cant be the future currency? Crypto on the other side can exist together with fiat, its convenient for us who already use it and aware of the blockchain technology. Though it takes time before we can see each country to recognize it specially that some people prefer fiat as their currency for spending. 
I am not sure if fiat money is the future, look at how governments and central banks would like to solve the upcoming crisis. More printed money, negative interest, and helicopter money. Do you think that we can still make money from the air?
In fact, we will only see it in time, but we will not have to wait too long. Because the acceptance of cryptocurrency is increasing exponentially day by day so this is a big aspect in this crypto market.
Investors are being considered as an asset in particular but it does not end here because in many countries it is now being used as a real resource.
although the cryptocurrency is now always an alternative to transactions, I don't think crypto will be used as a currency in the future. however, the government will not agree with this, except for those who conduct crypto management, but that is very difficult given that there are so many pros and cons regarding cryptocurrency. however, at the moment I can only think that crypto can only be used as an alternative payment Investors are being considered as an asset in particular but it does not end here because in many countries it is now being used as a real resource.
For now there are alot of people who do not have any knowledge about cryptocurrencies both the educated and uneducated people , so we still have alot of time to get a higher percentage of adoption. until that happens we cant really say crypto will be the future currency .
On the other hand , it would be a good thing of joy if Crypto is adopted as the major means of financial transactions globally there are a lot of advantages of this over the traditional banking system . But like i said we still have a lot of work to do in getting more people into the blockchain.
On the other hand , it would be a good thing of joy if Crypto is adopted as the major means of financial transactions globally there are a lot of advantages of this over the traditional banking system . But like i said we still have a lot of work to do in getting more people into the blockchain.
Jump to: