Can cryptocurrency make real money disappear? - page 23.

vectorshield

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Quote from: isabella01 on June 13, 2017, 02:38:16 AM

What are the chances of living in a world with no actual money ? Shocked

The money you call real money is not even real, the government and banks can print as much money as they want with no consequences to themselves, bitcoin is not going to make that money to disappear but allow to us to avoid using it.

Sean25pogi

member

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maybe because cryptocurrency is easier to carry than the real money, and when many of people uses cryptocurrency in there everyday life there has a big possibilities that the real money would disappear.

gorush

newbie

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Real currency is still more important and theres no way that cryptocurrency can replace it. We all know that without the real currency bitcoin or the other crypto are useless. The purpose of cryptocurrency is to exchange it into real money thats why we’re earning it.

Bonakid

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No I think it will impossible that cryprocurrency eliminate real money ,jt is the traditional fiat money that people used to pay in any payment center or buying our needs using our money.There are so many due process to implement before cashless will do in our payment system.I think digital currency is for only online payment and not to replace our money.

kaliukvictoriya42

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What are the chances of living in a world with no actual money ?

ElitistCA

sr. member

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Blockchain Just Entered The Real World

Quote from: olatslodi on January 09, 2018, 08:01:06 PM

In my opinion it is not possible that cryptocurrency will can make real money disappear. Cryptocurrencies are just one type of property online, type of investment and people engaged in it for the purpose of making real money. Changing money to cryptocurrency will be a very long process and i think the government will not allow it to happen because it will result to a lot of changes on the economic system.

Paper money has changed Gold and create new monetary system - current system - for the world's economy. Honestly, nothing is can not change by others, as long as the people want to replace paper money or current monetary system to cryptocurrency or other platform, we can do anything!

mabell943

sr. member

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Many people are not believing in this statement but for me there is a possibility that it may happen in future.
The bitcoin is slowly dominating in this world; through their excellence and passion they receive lots of awards and recognition so they have lots of achievements to brag in this world.

wack slacker

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Quote from: olatslodi on January 09, 2018, 08:01:06 PM

In my opinion it is not possible that cryptocurrency will can make real money disappear. Cryptocurrencies are just one type of property online, type of investment and people engaged in it for the purpose of making real money. Changing money to cryptocurrency will be a very long process and i think the government will not allow it to happen because it will result to a lot of changes on the economic system.

Cryptocurrency is living in harmony with the government's cash. This is temporary. Cryptocurrency is favored because it really does not bear a tax and the user is very happy about it. The popularity of cryptocurrency is a threat to cash and paper money. Some governments are trying to control and regulate the law. They will try to prohibit, which indirectly makes cryptocurrency more popular. They make cash but people decide to use the people. I think there will still be cash, that is the parallel thing going on and it will be like that.

olatslodi

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In my opinion it is not possible that cryptocurrency will can make real money disappear. Cryptocurrencies are just one type of property online, type of investment and people engaged in it for the purpose of making real money. Changing money to cryptocurrency will be a very long process and i think the government will not allow it to happen because it will result to a lot of changes on the economic system.

hchc12011

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Nowadays the digital transaction already replaced the physical currency.Credit and debit cards allow the people to go cashless.Maybe in future the crypto currency will replace all the money and bitcoin will rule the world. Some countries still treat Bitcoin as illegal currency,which means the government doesn't accept it.besides,most people just see Bitcoin as a investment to earn money,not a real currency.,even many people don't know what is Bitcoin,and what it is use for.Be a real money,it has a long long way to go.

samtarly

full member

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Pre-sale - March 18

No? or maybe yes, we definitely don't know but if after 50 years and all purchases are made through online or a gadget maybe the one will dominate is cryptocurrency, but as of now we don't see it coming yet as some people do not trust cryptos yet.

Btcjunpitz18

jr. member

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I think no, because cryptocurrency is a form of digital money. It is a currency associated with the internet that uses cryptography. Henceforth, our country is not yet develop compare to other countries, many are still suffering from poverty so f crytocurrency make real money disappear, ignorance people are the first one to be affected.

pushups44

sr. member

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This is a good question and hard to answer. I think cryptocurrencies will compete with traditional fiat currencies, perhaps taking some of their value away. It's possible they will coexist. Whether fiat currencies continue to exist depends on whether central banks adapt quickly enough to the emerging threat from competing technologies and provide the same or more benefits.

aji567

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Yes of course, by following bounty hunter definitely get a real big money just capitalize social media like Facebook, Twitter and signature.

MintCondition

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Quote from: marcuslong on January 09, 2018, 05:16:09 PM

Quote from: isabella01 on June 13, 2017, 02:38:16 AM

What are the chances of living in a world with no actual money ? Shocked

Actually, The percentage of chances of living in this world with no actual money is 0.00001% out of 100%. This is impossible to happen. Why? Because anyone of us are not really wanted to know what Bitcoin is, inclusing rich people are really contented of what they are right now. They are really investing in the banks and building business in able for them to make they life richer. Indeed, Other currencies are needed to know what's the value of bitcoin. The bitcoin's price is depended on orher currencies so that Living with no actual money is so impossible to happen.

Yup, the implementation will be too hard too since some countries were not into technology yet, and without having cash or using more of cards or cryptos needs strong internet systen, and the fact that cryptos were too hard to identify what would be best for a specific transactions.

Tonydman97

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I don't think that cryptocurrencies will replace real money anytime soon. In the past, when the bitcoin price was low, around $300-$400, I started using bitcoins, mostly earning from faucets and other sites - it was easy, the earnings were good, but now.. The fees are insane, even higher than PayPal and other payment processors fees and the confirmation of the transactions could take a lot. I want when I send money the payment to be processed instantly and to pay reasonable fee which right now I can't if I choose bitcoins.

If any government will find a way to exploit Bitcoin, then it wouldn't be a problem replacing the paper money with bitcoin. First, they will save time and resources from creating the paper money. Second, bitcoin cannot be pirated (creating fake copies) unlike paper money which is very prone to piracy. And lastly, bitcoin is universal and so you won't need exchanges when you go to different places or different country.

marcuslong

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Quote from: isabella01 on June 13, 2017, 02:38:16 AM

What are the chances of living in a world with no actual money ? Shocked

Actually, The percentage of chances of living in this world with no actual money is 0.00001% out of 100%. This is impossible to happen. Why? Because anyone of us are not really wanted to know what Bitcoin is, inclusing rich people are really contented of what they are right now. They are really investing in the banks and building business in able for them to make they life richer. Indeed, Other currencies are needed to know what's the value of bitcoin. The bitcoin's price is depended on orher currencies so that Living with no actual money is so impossible to happen.

derago21

member

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Merit: 12

Crypto Enthusiast!

At least 50% of the world is still not aware of using a computer, I highly doubt something like that would happen in the near future. #NotInThisGeneration

yu_shi

newbie

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It can happen if people recognize its usefullness. Have you seen the latest season of Agents of shield? They very interesting currency and way of exchanging it)

pickledflu

newbie

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Technology has been getting bigger as part of our lives but, it can never replace the real money. Perhaps majority of transactions, but not all of them.

Topic: Can cryptocurrency make real money disappear? - page 23. (Read 28831 times)