Can cryptocurrency make real money disappear? - page 61.

Hazaki

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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 , those chances are pretty small for the moment due to lack of knowledge for a lot of people around the world of what is digital money . Yet the future will certainly have that as a main payment method so people will have to acknowledge it and use it to succeed at dealing easily through their normal life tasks that needs payments or any kind of money transfer . It's more a fantasy than a reality now but it'll have probably a big role in the future because it has so many advantages that cash doesn't have .

chichigirl

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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

Chances are too small, although bitcoin now is very popular in other parts of the world, we cannot deny the fact that it will not make real money disappear. Real money are stable and very valuable to everyone unlike with cryptocurrency, not everyone knows about it and not even use it.

bncbnc

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Quote from: Gameroid on October 17, 2017, 07:40:43 AM

Quote from: danggoron on October 15, 2017, 10:41:00 AM

chances are very small. fiat has advantages in terms of direct payments and real value. digital currency will be useless when there is no internet reach. it is certainly very detrimental. so, the existence of fiat is still very bleached.

Although the chances are very rare that bitcoin will replace fiat, but i think that with increasing demand of bitcoin is in fact making bitcoin more stronger. i think that in such modern time it is very difficult to think about the world without internet, because internet is not only use for bitcoin for a number of other purposes. so we cannot spend a single day without internet. I think that its difficult that bitcoin will replace fiat but will surely reduce the use of fiat currency.

No doubt that bitocin is so much stronger currently but it cannot disappear fiat completely across the world because there are so many countries in the world who don’t know even electricity and unaware of computer technology but a time will come when mostly people will be dependent bitcoin and generally we will be able that time fiat is going to end.

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Quote from: Wagako on October 17, 2017, 07:48:19 AM

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

Yes cryptocurrency will become an actual money through the help of different exchanger. So i think just earn a lot of coins and exchange it with real money. With that it can help you with your financial needs.

No in some time. Only option that can be at the moment is to be alternative value that is accepted globally and with government and bank supporting it. Without this bitcoin or any other crypto can replace or be in the path of replacing real fiat anywhere in the world. It not something that is done over night or just with slap of fingers.

Wagako

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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

Yes cryptocurrency will become an actual money through the help of different exchanger. So i think just earn a lot of coins and exchange it with real money. With that it can help you with your financial needs.

Gameroid

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Quote from: danggoron on October 15, 2017, 10:41:00 AM

chances are very small. fiat has advantages in terms of direct payments and real value. digital currency will be useless when there is no internet reach. it is certainly very detrimental. so, the existence of fiat is still very bleached.

Although the chances are very rare that bitcoin will replace fiat, but i think that with increasing demand of bitcoin is in fact making bitcoin more stronger. i think that in such modern time it is very difficult to think about the world without internet, because internet is not only use for bitcoin for a number of other purposes. so we cannot spend a single day without internet. I think that its difficult that bitcoin will replace fiat but will surely reduce the use of fiat currency.

NeoTech42

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The FIAT will still remain as the main payment method for the next 50-70 years because it's still convenient for everyone to do business, especially in poor countries.
Maybe in the future, when everyone will get a smartphone with internet then the cryptocurrencies will emerge a lot.

nomad1109

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I agree with the people saying bitcoin will coexist with countries' official currency. Countries might make their own digital currencies after a while (especially the more developed ones), but they won't adapt bitcoin.

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Quote from: KuromaYoichi on October 16, 2017, 02:23:18 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

The chances are very low, bitcoin or crypto in general will become one of the payment method in this world alongside with fiat, they won't replace fiat completely as no country will want that. The government will protect their country currency and won't let bitcoin replace is thus bitcoin will exist together with fiat.

In fact currently it look like difficult but in future when bitcoin will turn as legal currency, and when the users of bitcoin will increase more, then people will give more preference to bitcoin and will slowly reduce the use of fiat, as bitcoin is more convenient to use as compare to fiat. therefore i think that it can be possible but still it will take a lot of time and is not possible so soon.

xBitHodler

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It is possible, not everywhere but in the most country it is. Almost every average person uses smartphone these days. People want to pay for things conveniently so that's why they are using debit cards or smartphones when they have to pay for something. We could use some kind of web wallet and QR codes to pay using bitcoins. It's a matter of time.

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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 chances are very low, bitcoin or crypto in general will become one of the payment method in this world alongside with fiat, they won't replace fiat completely as no country will want that. The government will protect their country currency and won't let bitcoin replace is thus bitcoin will exist together with fiat.

BIG Tyrese

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Thats not the goal the goal is to provide an alternative to we can have freedom of choice and i believe bitcoin succeeded in that

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Quote from: Bay_Harbour_Butcher on October 15, 2017, 09:22:13 AM

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

I think it's almost impossible to happen, because real money is still in need in various country corners that even untouched the internet, but no one can guess the future, let alone about bitcoin

In the ancient times, we already lived that kind of life. Where there are no such thing as currency or money to be precise. The only method of having new goods is to 'barter'. Now bartering is a process in which you will exchange goods or services without using any money, instead you are going to pay them also with either goods or services.

So it already has been possible, but if we imply it in our current situation, everything would simply fall apart, since money or currency has been the heart of all things right now. Education, Health, Safety etc. it requires money to be operational, no one works for free right now.

DewiKirana

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I think the digital currency can not make real money, because it requires support from the government and the Bank.
Opportunities life without fiat money in my opinion low, the country can not rely on digital currency in full, it is too risky.

Bessta

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Cryptocurrency will soon be accepted worldwide but fiat currencies will remain. It will never fully replace fiat currencies because governments which is centralized in nature will never allow it, but since crypto is already inevitable, governments are finding their way to regulate it.

momopi

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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

Did credit card removed the traditional money, no right? Same with cryptocurrency. There's no possibility that traditional money will be vanished in market. Cryptocurrency will be an "alternative" that can be used to purchased goods online and eventually from physical stores. And where the people will get funds to bitcoin? From converting traditional money to digital currency. So I doubt and there's a slight chance traditional money will be replaced with digital currency

Firefly Foundation

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Real money is hard to disappear,most people still will use the real money for the payment. But of course the cryptocurrency will develop fast as well.

Grapt1961

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of course, but not so quick and coz it is decentralized and drives out the third get together out of the match.below is the task known as crowdholding, aims the very same in company, it is an open up innovation platform aiming to join crowd with the entrepreneurs. presently running its pre ICO sales by offering YUPIE tokens

danggoron

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chances are very small. fiat has advantages in terms of direct payments and real value. digital currency will be useless when there is no internet reach. it is certainly very detrimental. so, the existence of fiat is still very bleached.

akram143

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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.

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