Topic: Can cryptocurrency make real money disappear? - page 21. (Read 28845 times)
I think bitcoin can't make real money dissappear because until now bitcoin use USD (Dollar) as standard price of bitcoin itself , then i think all of country don't want bitcoin as international currency cause It would be decrease the price of the currency it self
Having a Bitcoin this days is much more exciting than having a real money it is because in Bitcoin your earning is much faster that earning a real money. But as of today, it will be impossible because not all countries are fully automated or have the high technology something like free wifi in public place. Not all people like the old uses smartphones or alike. We all know that accessing the Bitcoin need to have an internet and a device for your Bitcoin wallet and let not forget the fact the not all countries are rich when it comes to technology.
yes that's possible with this millenial age. Hence, people are adapting quickly to a world undergoing rapid technological change.
I do not see real money disappear because of bitcoin, because if it does happens, Every known economy will surely die off and our governments would definitely struggle. However we know Bitcoin is also highly volatile in price so we are looking at a fluctuating income, a retirement fund and so on. So, I can't see a world without real money. Both fiat and bitcoin could work hand in hand, but Bitcoin can't take fiat's place as next currency.
Now that we are in a digital age generation, this question really is not an impossible thing to happen.
I cannot answer rightly but all of us here are free to share our about it. And I just can't see the world without fait.
I think not because not many have access to cryptocurrency and the government does not allow digital money to be replaced with real money because it's a lot of people who are actually handling real money day by day so for me it's impossible to disappear the real money.
I'm sure this will not happen, regardless of the bitcoin price will not make real currency disappear, bitcoin and real currency can run together and strengthen each other or fill the shortcomings, they are not perfect so it will complement each other.
The chances are really low. Till now, Crypto is not acceptable in all countries world over. Neither everywhere net connectivity is good. Crypto currency has visibility in developed and in developing countries. And, in these also, a few countries are putting a ban or restrictions.
It's highly unlikely that any cryptocurrency will make real money disappear. Specially in poor countries where sources are not available. It's very hard to convince everyone to stop using something they have been using for a while specially if we consider a currency whose value fluctuates so much in a country. Also Most governments won't support it as a decentralized currency on which you cannot impose tax is obviously going to be opposed as the primary currency.
I think cryptocurrency will not be able to replace real money. You can see real money not just for daily consumption but also for each country. Can you see the difference between dollars and euros? Its price is completely different and it shows the development of that country. If you replace it with cryptocurrency then all countries have to find a coin to match that country. It's really complicated and cryptocurrency can not do that.
I'm not really convinced of that idea, "Crypto currency will replace fiat or paper money"? Perhaps these two significantly played perfect tandems in financial markets. And also not all people in the world already aware the use of Bitcoin.
current events i.e government crackdown on exchanges and those that offer exchange-like services may affect the flow of money. if governments ban crypto trading and close exchanges, crypto traders will definitely move to overseas accounts that do not have cryptocurrency bans. this will lead to money outflow, which is considered undesirable. money outflow in effect, makes money of a particular country disappear, right? if the outflows become excessive, then that could lead to that country's economic instability....
Nope, It is not possible that crypto will disappear real money.
Real money is the main source of all countries with out real money i think no country will be possible to develop. Real money is he need of all countries.
Yes it is possible that crypto will reduce the use of real money and people will go to crypto because of its high speed and low tax,
Real money is the main source of all countries with out real money i think no country will be possible to develop. Real money is he need of all countries.
Yes it is possible that crypto will reduce the use of real money and people will go to crypto because of its high speed and low tax,
I hope not or else they will stop the bitcoin and cryptocurrencies soon. I think cryptocurrencies will be just an option But we can feel now that cryptocurrency will be a great deal in the future as it has great technologies that offers us. We will be living in a world soon full of cryptocurrencies but i dont think it will not replace fiats. We still need the fiat as well as the banks and governments. They are the ones who are powerful at the moment so we want to flourish the cryptoworld we should've not take out the picture the banks and governements. Just believe guys and we will be rewarded big time!
No I don't think that they could really make the Fiat disappear ,
The government wouldn't allow it and we really do need Fiat for our everyday expenses we couldn't make crypto currency as a payment for everything.
And I think not all of us would agree to make the crypto currency as a national Currency just imagine how much fee you would pay for every transaction that you would make.
The government wouldn't allow it and we really do need Fiat for our everyday expenses we couldn't make crypto currency as a payment for everything.
And I think not all of us would agree to make the crypto currency as a national Currency just imagine how much fee you would pay for every transaction that you would make.
I think crypto currency can add as real currency but crypto can not real money lost. Can not make real money, it's not fixed and does not have a stable value. But it can also add real money that is used in our world and industry.
Cryptocurency will not be valuable without real money, so it is certain that cryptocurency must go hand in hand with real money. In conclusion the opportunity to live without real money is low, must be balanced between real money and digital money.
What are the chances of living in a world with no actual money ? 
In our generation it is impossible to happened. Money is giving an opportunity for all to have it and trade it for goods while crytptocurrency is only accessible for those have an internet access.
Not all people or community have an access on internet though.
Perhaps the development of the times and the technology that can determine this. I prefer fiat and cryptocurrency side by side, cryptocurrency can mask fiat performance deficiencies.but this will be a sure possibility if you can drive bitcoin even wiithout the use of internet!
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