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Topic: Can cryptocurrency make real money disappear? - page 34. (Read 28831 times)

legendary
Activity: 1008
Merit: 1000
No, cryptocurrency can disappear the real money, you know why because the government of the different country will not allow it. Government won't it will happen. Cryptocurrency is only an internet base exchanges. It will happen we know that some country ban n cryptocurrency.  Still real money will be used.
I think bitcoin cannot really make real money disapear because real money is already use by people all arround the globe from the time that bitcoin has not really exist .maybe some people well really use real money today because they really do using it before and maybe some people would not really even know what is bitcoin. Maybe on the near future many people will use bitcoin but it is not going to replace a real money.
Why not? Everything can happens, even Gold, it's the old monetary system of the world since feudalism era, why did we transfer to use paper money and visa card to replace this system? We are living in the digital world, we need to use the technology can help us save more times.
hero member
Activity: 611
Merit: 500
The chances are zero. This will never happen, fiat will always be on top. After all governments control that and they are never gonna give up their FIAT money.
full member
Activity: 157
Merit: 100
Bitcoin has existed for a long time and not everyone in the world knows there is such a thing as digital money, I think bitcoin will not replace a country's currency, because bitcoin is digital money not conventional money. And bicoin can be converted into conventional money by swapping it out of your wallet
member
Activity: 317
Merit: 11
What are the chances of living in a world with no actual money ?  Shocked
Not a chance, fiat money will always exist
newbie
Activity: 3
Merit: 0
I have been a part of many such debates. No matter how advanced technology gets, I do not see bitcoins replacing actual currency in my lifetime and I am just 28 years old  Cheesy

Regards,
Sahib
Indian outsourcing company
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
What are the chances of living in a world with no actual money ?  Shocked
Sadly big chances. Many known people want to introduce plastic money (visa/mastercard for example) in their country.
If they will success, there will be no privacy whatsoever :/.
Crypto's can't scale that good to be national currency, its like digital gold, it can't replace FIAT.
true it cant replace physical money,what ever comes out aside from
digital money and plastic money nothing can take down the Real money.look
at this scenario,,what if we loss Power and electricity and generators down for
how many days,so the transaction will stop too?because we cant use those
money manually..thats the disadvantage of virtual money and plastic money
sr. member
Activity: 1148
Merit: 300
No, cryptocurrency can disappear the real money, you know why because the government of the different country will not allow it. Government won't it will happen. Cryptocurrency is only an internet base exchanges. It will happen we know that some country ban n cryptocurrency.  Still real money will be used.
I think bitcoin cannot really make real money disapear because real money is already use by people all arround the globe from the time that bitcoin has not really exist .maybe some people well really use real money today because they really do using it before and maybe some people would not really even know what is bitcoin. Maybe on the near future many people will use bitcoin but it is not going to replace a real money.
full member
Activity: 350
Merit: 109
No, cryptocurrency can disappear the real money, you know why because the government of the different country will not allow it. Government won't it will happen. Cryptocurrency is only an internet base exchanges. It will happen we know that some country ban n cryptocurrency.  Still real money will be used.
full member
Activity: 301
Merit: 100
The world is growing and the absence of cash is inevitable. People will still live well if they do not have cash, only cash is converted into new payment methods, safe from theft, not stolen, and extremely fast. Besides, instead of having to convert currency when you arrive in that country, you can still use Bitcoin to pay, it is valid. You can trade globally with Bitcoin, without taxes, without control or investigation from anyone. Bitcoin respects the freedom of people and account holders so the information of account holders is absolutely confidential. There are many benefits of Bitcoin, but in practice it has not been widely used. Probably because one does not have much knowledge about it
member
Activity: 79
Merit: 10
When we see that countries want to disappear cash in a few years I say that yes crypto currency can be an alternative
full member
Activity: 791
Merit: 139
NO! cant replace fiat by crypto currenccies unless weakness have been cover and make a solution! what is the weakness? crypto currency is only available online and with out the presence of internet any crypto is nothing compare to FIAT!  BUT if this problem has been resolve you can make sure that FIAT will be nothing along of bitcoin annd same alts!
full member
Activity: 406
Merit: 117
Cryptocurrency cannot disappear real money because every country has a different value of money, what will happen to the economy if all we use the cryptocurrency.  Economy of the country might be an effect because we don’t need to export goods in one country. We don’t need to go to another country to work there. That why cryptocurrency cannot diaper the real money.
member
Activity: 241
Merit: 11
What are the chances of living in a world with no actual money ?  Shocked
Cryptocurrency doesn't have enough power to make fiat currency disappear. Bitcoin is the most popular and strongest cryptocurrency. Many people says that bitcoin can replace fiat currency but I think bitcoin can't do that because fiat currency is really powerful.
sr. member
Activity: 1988
Merit: 453
What are the chances of living in a world with no actual money ?  Shocked

Low. I think personally that cryptocurrencies wont make FIAT useless, but I think that cryptocurrencies will work hand-in-hand with FIAT money. Especially in countries like the United States, and the other first-world countries; I don't see FIAT going anywhere soon.

I doubt that the fiat currencies would disappear completely. There are too many countries and too many banking and financial institutions who hold a large amount of sway about the direction of financial transactions that it is almost impossible to erase them! What may happen is that they merge the cryptocurrencies with the fiat to utilize the best of both worlds and earn money out of it just like they do now with transaction fee for the moeny we use Smiley Too much power is in very few hands and democracy being a myth a always will never let this happen where people will have distributed power!! Smiley
P60
full member
Activity: 378
Merit: 100
Decentralized Digital Billboards
No, because ordinary people will never use crypto unless it will be accepted everywhere and will be easy to earn and use.
Definitely right, fiat money is the money for everyone and it's the money worldwide since then; so I don't see or think that cryptocurrency could make the real money to disappear. Thinking that, cryptocurrency is not allowed worldwide and only few countries accept it.
member
Activity: 252
Merit: 17
In this moment we can say that nothing is impossible, we all know that modernization is rapidly growing. Many things in the past were change. Yes it can be in some other point. We can recall that before in the early centuries there are no money at all. Things are bought by exchanging one item to other item. In this modern age which has internet and almost all are using this technology there is a big chance that in our every transactions in our everyday life would be thru internet or fast cards which can make money disappear.
newbie
Activity: 46
Merit: 0
What are the chances of living in a world with no actual money ?  Shocked

Are you talking about physical money, like dollars and euro? If so probably not. One persons crypto currency may be another persons trash. Rare, desirable things will likely be the physical money and some kind of payment system will exist.  Wink
hero member
Activity: 749
Merit: 503
Blockchain Just Entered The Real World
No cryptocurrency cannot make real money disappear, the whole world still uses fiats it coult take hundreds of years before humans adopt cryptocurrencies as money .
As bitcoin is going performance and it keep its value high with respect in market so there is no doubt that bitcoin can do it because a place where I live bitcoin is now very strong and powerful and day by day its users are going to increased and our neighbor countries have also accepted bitcoin so bitcoin know how to make itself on the top there is a very big hop that in future bitcoin can replace or disappear real money from world.
Bitcoin can not do that, all things depend on the community of Bitcoin in your country and other countries are accepting Bitcoin. By the people, the government decided to accept Bitcoin or use it as an asset instead of a currency or payment method. Just only Japan is country accepted Bitcoin as a payment method.
sr. member
Activity: 1236
Merit: 252
No cryptocurrency cannot make real money disappear, the whole world still uses fiats it coult take hundreds of years before humans adopt cryptocurrencies as money .
As bitcoin is going performance and it keep its value high with respect in market so there is no doubt that bitcoin can do it because a place where I live bitcoin is now very strong and powerful and day by day its users are going to increased and our neighbor countries have also accepted bitcoin so bitcoin know how to make itself on the top there is a very big hop that in future bitcoin can replace or disappear real money from world.
full member
Activity: 153
Merit: 100
I'm not sure fiat is gonig to disappear anytime soon, but I do believe they will be devalued by crypto
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