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Topic: Can cryptocurrency make real money disappear? - page 30. (Read 28831 times)

hero member
Activity: 812
Merit: 1000
such a course of circumstances may lead to the fact that they will begin to prohibit bitcoin, because people will stop going to work, as they will no longer need cash
member
Activity: 266
Merit: 17
I think it's not going to happen because cryptocurrencies has no physical form, not all the people know about this kind of technology or know about the existence of digital coin and you must have a internet connection and not all the people are afford to buy a gadget for using cryptocurrencies and paper money was used over a 100 years so it's not easy to replace.
member
Activity: 308
Merit: 10
Fiat currency will survive how long we last. And the same with crypto. Crypto and fiat can exist mutually and that situation is the best.
member
Activity: 924
Merit: 18
I don t think so

5-10 % real money will remain
full member
Activity: 532
Merit: 100
To date, live without living money is absolutely impossible. Perhaps in the near future will become a reality of what is now just talking. Bitcoin will go down in the masses and you can live without cash.
member
Activity: 210
Merit: 10
I think it's completely possible, because going to cash is the trend, and it's entirely possible to encrypt money instead of real money.
member
Activity: 239
Merit: 15
If we are talking about possibilities, yes it maybe, however the question will be when? Cryptos has a lot of improvements to be taken off, from the confirmations alone it is truly a challenging venture, but when the time goes by and Crypto's improved that in an instant a payment will be credited to a certain merchant I guess fiats might not needed anymore.
full member
Activity: 350
Merit: 111
I think it seems impossible to happen. Because there are poor countries that still can not keep pace with modern technology. So they still need fiat money. Moreover, fiat money is supported by the government, and this is what they use to get income tax.
member
Activity: 151
Merit: 10
What are the chances of living in a world with no actual money ?  Shocked

I think it's possible and far more likely as Bitcoin gains legitimacy with our governments. There are some really powerful people such as the Rothschilds that control banking and it might be very difficult for them to let the money train stop. They will make it hard for Bitcoin to take over.
full member
Activity: 231
Merit: 100
What are the chances of living in a world with no actual money ?  Shocked

there is a chance we could not deny that but for now it is not certain because the world we are living in now is based on fiat or actual money since it centralized. unless the government takes the full control there would be no chance.
newbie
Activity: 77
Merit: 0
Seems real money will not be disappear due to popularity of cryptocurrency. Because, however bitcoin hasn't been used officially as means of payment in everyday life.
member
Activity: 126
Merit: 10
What are the chances of living in a world with no actual money ?  Shocked
Right now, the chances for that thing to happen is just a little because even cryptocurrencies are continuously getting into popularity, there will be still a large amount of the total population around the world who still does not even know or recognizing bitcoin and people in some part still tend to use real money than cryptocurrencies so the possibility for cryptocurrencies to make real money disappear in my opinion is just a little amount to happen. And if so, it is not really to make disappear but somehow just lessen the usage.
newbie
Activity: 6
Merit: 0
Real money will live long in any case. Even if all people will use cryptocurrencies, paper money will still worth something
sr. member
Activity: 665
Merit: 250
What are the chances of living in a world with no actual money ?  Shocked
may also occur because of the advancement of the era and the demands of the technology and the ingredients that we must directly follow the development of one of the examples that occurred in my country have all been using credit cards and other cards as a payment instrument transactions
full member
Activity: 896
Merit: 108
there is no chance. the internet has not reached the whole world, and if you do not use fiat, we do transactions using what? cryptocurrency will only be an alternative currency, and fiat will still exist. both complement each other.
newbie
Activity: 86
Merit: 0
Well, I’m not an expert in this area, but in my opinion it's more likely that such thing is not going to happen. But still, cryptocurrency will be a great investment.
full member
Activity: 336
Merit: 100
From the current stand point, I dont see bitcoin replacing real money instead it will be a support for current money tradings.
newbie
Activity: 37
Merit: 0
Depends on what you call real money. Is it fiat? Or paper money?

Banks are already recognizing the value of cryptocurrencies and the blockchain technology. Who knows, maybe in a few years all currencies will become "crypto".
member
Activity: 350
Merit: 30
Impossible, since there are still places that doesn't have internet connection and even no electricity. And it is hard to depend on just a digital money. Well maybe it can happen on a well develop places.
jr. member
Activity: 148
Merit: 5
Hello, I am also new to this sphere, but I believe that bitcoin is the currency of the future, which is already very close  Smiley
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