Topic: Can cryptocurrency make real money disappear? - page 50. (Read 28816 times)
In what way crypto-currency is less real than fiat money ? They are both the same, created when we need them.
Yes, I think canceling real money and replacing them with crypto currency is quite feasible. Only this will not happen soon. A minimum of 5-10 years will be required. Some currencies will coexist with crypto-currencies, there will be several ways of paying labor and services.
For next few decades, I think real currency continue to exist. Therefore, cryptocurrency isn't yet stable and hasn't been accepted by all countries. So these two things need to be resolved to make transaction financial fully digital .
What are the chances of living in a world with no actual money ? 
To completely replace all fiat money in the world, crypto currency must first resolve its fluctuating value. And that's really a good question because crypto currency must be also be accepted in all countries and all of these nations must have the capabilities to support bitcoin. This will lead to a technological revolution in the history where our money is purely digital. However, I can only see this happening for next millennium or so.
Real money exists since ever, I think that in this 50 years it won't replace it, but real money will be replaced at something (if not crypto) because the world's advancement.
There is no where cryptocurrencies are going to make paper money extinct in the near future, digital money will make up about eighty percent of the currency in the near future but it's not going to make real money disappear anytime soon.
Bitcoin and other cryptocurrencies should never be ready to earn paper earnings since they have a totally unique objective. Any government to manage their state needs a handled currency, and it will always supply the real economic climate, and bitcoin is really a free forex price-totally free economic climate online. They'll usually exist in parallel.
Real money exists since ever, I think that in this 50 years it won't replace it, but real money will be replaced at something (if not crypto) because the world's advancement.
Do you write letter to your friends instead of email or text message with your mobile phone? Absolutly it can
Yes it can if some people agreed with it and thinks it's practical if cryptocurrency make real money disappear. Well it won't totally disappear instead it will lessen the users of fiat money and chose the bitcoin cryptocurrency. Humans already adopted the fiat money system or normal currency but who knows? Bitcoin has a lot of benefits.
What are the chances of living in a world with no actual money ?
The chances of that happening are very low, even if bitcoin is adopted all over the world that does not mean fiat is going to disappear, all the countries of the world are used to print their own currencies if they did not do that the economies of the world will be unable to function as they have now, and while I would like a change in the way the economies of the world works, most of the time that is going to come with the cost of the suffering of many people, so while I like bitcoin I hope things stay the same for a very long time. 
I think cryptocurrency dose not make disappear real money. Because real money is fiat order by government. And its captured all part of economic section. Cryptocurrency compare with each other but dose not disappear.
Possible and time can only when it will happen.The new or the next generations are the ones who can adapt quickly to cryptocurrencies which I know that old people can't.
I don't think cryptocurrency can completely replacing the the FIAT. FIAT is controlled by government and i don't think government will allowed that and also the risk of the cryptocurrency like your crypto can be gone due to hacking or system issues. There is so much unknown and risk behind it. So i don't think it is possible.
Yeah i think it can be attainable, i dont wanna be as well optimistic but i believe it can genuinely transpires, but it would consider so significantly time, if paper income dissapears then everybody need to know what bitcoin is, how to use it, and so on. And that is anything we dont have correct now, only a number of % of the inhabitants is aware what bitcoin is. So prior to it transpires, we require a lot more promotion on social media, or in mass media. With no marketing bitcoin is gonna be for a qualified group of persons.
Real income can not disappear since there no offline cryptocurrencies. I can see them working side by facet and completing every single other.
In my opinion it can go side by side with real money but completely making disappear real hard cash (fiat) is not going to happen (atleast not in the coming 100 years or so ).
What are the chances of living in a world with no actual money ?
Based in the current situation, it cannot replace the real money dissappear. It will only happen if all establishment including the small ones will adopt the online system transactions. Which will be of course incur costs. We don't know yet if all of the eatablishment will adopt this big change. If it does, then the consumer will leave no choice but to adopt also the online system transaction which might be in the form of any cryptocurrency.
That will happen, in the not so near future. we started with gold and silver coins to paper money then to plastics(credit and debit cards). Cryptocurrencies can pave the way for that. cryptos will keep getting bigger. the only thing we have to do is to choose wisely as to which crypto we are to invest in. A crytpo with a solid backing for its coins would be good.
Not anytime soon
Fiat has been circulating for tens of centuries, it will be very hard to beat that globally adopted system
Crypto can be used as alternative currency os more than good to me
Fiat has been circulating for tens of centuries, it will be very hard to beat that globally adopted system
Crypto can be used as alternative currency os more than good to me
Maybe yes or it could be also no.. No, cause maybe these digital currencies would be still basing the Country's currency value ..and to know if its a high value..But it could be also a yes,,maybe in the future we would just use the bitcoins through online..We'll just buy online using bitcoin.And would be just more easier for us
Jump to: