Can cryptocurrency make real money disappear? - page 3.

sorrowfulnightcries

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Quote from: isabella01 on June 13, 2017, 03:38:16 AM

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

I don't think so unless everything we do and our economy and markets will totally rely on bitcoin someday then that would be the moment that I would think it will happen but as for now it seems very impossible specially in third world countries. It would require to totally change markets and economy the way we used to hundreds of years ago until now.

JoshMart

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The Experience Layer of the Decentralized Internet

Well personally, I think Bitcoin has very slim chances of making fiat money disappear, the good thing is that is not the purpose of Bitcoin anyways, it is not here to replace anything, it is here to improve and provide a better financial system for the world, it can actually work hand in hand with fiat to ensure the world's economic success in the future.

cavs23

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It depends on when all the other countries will accept and embrace cryptocurrency as a payment method. But nothing is impossible,just be consistent now on earning crypto coins.

gordeevaverona

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to all have their fans something like one music someone else is the same and it happens here. Not all of them are so fanatical about the crypto currency, there are a lot of skeptics.

patrickreiner

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Yeah I think eventually all money will be crypto. It's better, more secure, faster. Why wouldn't all money turn to crypto?

ciplut

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for the future virtual currency can to meet the necessities of life because virtual money is made for global payment instruments worldwide, but its validity is still under review, and not many countries are agreeing to a valid payment instrument

MasterCATZ

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In a recent interview with American Forbes, Tim Draper, a venture capitalist, said: "In five years, if you try to pay in cash, you will be laughed at. Bitcoin and other crypto-currencies will be so in demand that there will simply not be any reason to use the currencies. " Grin

shoreno

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Quote from: Suffoc8 on March 26, 2018, 06:03:39 AM

Quote from: isabella01 on June 13, 2017, 03:38:16 AM

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

Definitely no, bitcoin and other cryptocurrency cannot real money disappear which means that bitcoin and other cryptos dont have a power to make real money disappear. Although bitcoin is famous today there are lots of people that are still continuously using fiat because it is the money that they used since they are young.

people continue to use fiats not because they are the first cuurency that we've been used to but fiats are actually verry easy to use and all group of people in any ages can posibly used it without restrictions or anything. Not unlike to bitcoin and other crypto that may seem complicated for a regular person.

not all people can use bitcoin because bitcoin needs a device that has an internet , not only that bitcoin also requires the user to have a proper knowledge in technical stuff in order for him to use it succesfully. we all know that there are types of people who doesnt have these requirements , most especially the poorer type.

dodz031718

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Quote from: Cinemo on November 11, 2017, 11:53:29 AM

Quote from: isabella01 on June 13, 2017, 03:38:16 AM

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

For now its a no because fiat money is usable than digital but i think in the futute it is yes for me if all people know this so we should to know this even it's early because this bitcoin is our future money im excited.

For now that we are heading to digital technology, it is possible.

Suffoc8

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Quote from: isabella01 on June 13, 2017, 03:38:16 AM

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

Definitely no, bitcoin and other cryptocurrency cannot real money disappear which means that bitcoin and other cryptos dont have a power to make real money disappear. Although bitcoin is famous today there are lots of people that are still continuously using fiat because it is the money that they used since they are young.

Cybil

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I don't think that cryptocurrency can make fiat money disappear because of many reason. One of the reason is tat it is still not that popular as fiat money. It is not accepted everywhere. as it is decentralized i.e without any supervision of government, so government will not accept it as much as they use fiat money. so the possibility of cryptocurrency making real money disappear is very low.

btcbringer

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its impossible, at least we will not see it happen during our life, its simple that all governments will not permot this, publishing real money is a most important thing to one country, if they lose the right to publish money, how can the country survive?

Minionnn

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I think bitcoin can not make real money disappear. Although bitcoin thrives, many people use it but real money is popular. The value of real money is stable. Real money is important in the lives of people, it is convenient in many cases can not use bitcoin.

Crowdsale.network

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I think that cryptocurrencies will not make Fiat money disappear, but there will be a prevalence of crypto currency.

15putriutami

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I don't think that crypto currency will make real money disappear that easily, Bitcoin will sure become a new face of currency but will not replace real paper money.

amih

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Quote from: isabella01 on June 13, 2017, 03:38:16 AM

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

however the existence of fiat is still very important in terms of rotation of the wheels of the economy at this time so in my opinion the existence of crypto currency will not completely eliminate the fiat currency that currently still has an important role. for example in my country most of the population, especially in the lower class, do not currently fully understand about crypto currency to conduct sale and purchase transactions and in every turnover of buying and selling they do on every day of course this will have an income to the government budget. and this will certainly have a major impact on the contribution of the economy in my country.

james23

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Quote from: isabella01 on June 13, 2017, 03:38:16 AM

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

I think not totally because many countries are also like actual money even though the new technology is digital money

CADguy

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It is still difficult for us to imagine "how it is possible to live with only one crypto currency", but it seems to me that all cryptoeconomics to this one will come Roll Eyes

PM.coins

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It's hard to happen. Although modern era and digital technology has become daily toy. However, we remain alive in the real world. So, crypto will not overcome even eliminate ability of real money in handling financial transactions.

gotminer

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Honestly at some point in the future, I think we'll see centralized digital fiat that is controlled by the government of a country. For a different reason than it is happening in Venezuela right now.

That doesn't take away the need for a decentralized digital currency though.

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