We believe that the central bank introduces the digital currency based on the block chain technology, which can solve the circulation problem of electronic cash, but the distribution system still maintains the status quo.
In our deep-seated beliefs, money comes from "general equivalents". I think paper money is hard to disappear.
Topic: Can cryptocurrency make real money disappear? - page 16. (Read 28816 times)
No chances at all. Financial council and institution alongside with government won't let this happen. Cryptocurrency cannot be controlled that why government doesn't want cryptocurrency.
we are all just eager for what the future brings.... no one can tell if the cryptocurrency will kick out the fiat. Most country government wont want to see that happening. asides that, crypto trading requires a bit of knowledge and understanding.. not everybody can operate the computer... its just the fact. It will be difficult and unbearable for these sets of people...
Many reason why the cryptocurrency is not in that stage to kick out real money.
Many reason why the cryptocurrency is not in that stage to kick out real money.
Can crypto-currency transactions deprive real money?
I'm sure that's the way it will be. I can not imagine for now what it will look like, but that any securities, including money, will gradually move into the digital field, I am ready to affirm with certainty. Already a lot of crypto coins have advanced technologies, which really, in their areas, remove intermediaries. Therefore, I believe this moment when the crypto world completely displaces today, will not happen soon. Just a lot of intermediaries, it is in the highest echelons of power in today's world, including the financial one, they have in their hands and they are not bad at making money. Therefore, the crypto world will move forward with great difficulty.
Yes, i believe it too but not on this generation since crypto is internet based and our world today is not yet fully interconnected. Therefore not everyone can used the crypto currency and they will only rely on real money as their main medium of exchange. I'm sure that's the way it will be. I can not imagine for now what it will look like, but that any securities, including money, will gradually move into the digital field, I am ready to affirm with certainty. Already a lot of crypto coins have advanced technologies, which really, in their areas, remove intermediaries. Therefore, I believe this moment when the crypto world completely displaces today, will not happen soon. Just a lot of intermediaries, it is in the highest echelons of power in today's world, including the financial one, they have in their hands and they are not bad at making money. Therefore, the crypto world will move forward with great difficulty.
What are the chances of living in a world with no actual money? 
I do not think this will happen. Digital currencies will not replace the real currency. Because the currency difference is very far away. Digital currencies are too many drawbacks and very difficult if you want to be used as a real currency. What are the chances of living in a world with no actual money ?
Living without real money is possible in the future but i think it is very hard to implement in the present. Not every country in the world are open minded about adapting bitcoin.
When the world totally accept bitcoin in all establishments i think there is a great possibility. But as long as btc is not yet fully accepted in the world it will definitely very hard to achieve.
It will not be possible to replicate the first cryptocurrency. Because the government should properly support and use Bitcoin is popular and widely used, in addition, the government rarely receives such a coin. They will reject it and still stay with them.
Can crypto-currency transactions deprive real money?
I'm sure that's the way it will be. I can not imagine for now what it will look like, but that any securities, including money, will gradually move into the digital field, I am ready to affirm with certainty. Already a lot of crypto coins have advanced technologies, which really, in their areas, remove intermediaries. Therefore, I believe this moment when the crypto world completely displaces today, will not happen soon. Just a lot of intermediaries, it is in the highest echelons of power in today's world, including the financial one, they have in their hands and they are not bad at making money. Therefore, the crypto world will move forward with great difficulty.
I'm sure that's the way it will be. I can not imagine for now what it will look like, but that any securities, including money, will gradually move into the digital field, I am ready to affirm with certainty. Already a lot of crypto coins have advanced technologies, which really, in their areas, remove intermediaries. Therefore, I believe this moment when the crypto world completely displaces today, will not happen soon. Just a lot of intermediaries, it is in the highest echelons of power in today's world, including the financial one, they have in their hands and they are not bad at making money. Therefore, the crypto world will move forward with great difficulty.
No I think crypto will not make fiat disappear but instead crypto is going to be commonly used as fiat money. Let's face it, fiat has been around for many years and has become a traditional way or means of payment. Crypto on the other is somewhat still new and many people still has no idea what it is and how it works. Maybe years from now we can see fiat and crypto go hand in hand, who knows.
FIAT will not going to disappear in the near future because of Crypto in my opinion. A world with only totally decentralized , lawless currencies will cause serious issues . FIAT should be there and Crypto will also be there for the specific sectors and instances.
I think cryptocurrency can make real money, we just need to sell it to our country's local currency in order to become real money. This activity I to do meet the needs of my life. This is a living opportunity for me.
I think fiat money will continue to have a role but a diminishing role over time.
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On another note, check out the ICO for RLCoin, an enterprise solution for loyalty: www.rlcoin.io. The product has traction with 250 clients and partners in Europe and Asia.
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Real money can not disappear because there will still be people who will prefer having cash instead of bitcoin
What are the chances of living in a world with no actual money ?
For now it is not possible but in the near future it may happen. The technology we used today is not sufficient and not safe because it is prone to the hackers. Another reason is the bitcoins price is unstable so it is hard for the bitcoin to become the new currency. Lastly bitcoin needs more improvements and adjustment if it will be use globally. The last thing is if the bitcoin price becomes stable each country will develop a new law or device to tax the transactions of bitcoin.
Every cryptocurrency has their own function. There are only a few of the cryptocurrencies that are always on the platform to form other cryptocurrencies.
Bitcoin was interested in me from the very beginning, but until recently I viewed the BTC as a very beautiful cryptographic experiment with great potential, but almost without application in real life.
Several years ago, buying or selling BTC for fiat (a "real" currency like dollars, euros, rubles, etc.) was generally a difficult business, but now the times have changed, everything has become much simpler.
Several years ago, buying or selling BTC for fiat (a "real" currency like dollars, euros, rubles, etc.) was generally a difficult business, but now the times have changed, everything has become much simpler.
Over time I believe cryptocurrency will replace modern fiat money as we know it. I would say governments will still have some form of money for quite a while, but there will be viable alternatives for people that wish to use them.
real money will never go away because of the simple fact that there is no offline cryptourrency and I do not see that it ever existed. All of them will meet each other because they will continue together and will complement each other until the future.
for me bitcoin can not replace the money. because of the fact that it's a lot to stop. similar to the opposite market of bitcoin and the word bank.
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