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Topic: Can cryptocurrency make real money disappear? - page 62. (Read 28831 times)

sr. member
Activity: 532
Merit: 284
No,at least for these years.Now some countries still treat Bitcoin as illegal currency,which means the government doesn't accept it.besides,most people just see Bitcoin as a investment to earn money,not a real currency.,even many people don't know what is Bitcoin,and what it is use for.Be a real money,it has a long long way to go.
I wouldn't say that it is illegal, but instead its an alien currency. I mean whenever a thing is not welcome or not being accepted or not being a regular existence to a specific country, means it is an alien (well somehow we misunderstood the word 'alien' as an unknown life form, but instead it also a thing). To be simplistic, its a foreign things, to that country, although it is known it is not being used in that country - hence an alien object.

It will be treated that way since it is still not accepted, if that currency is still treated as a digital then its most likely to be like gold, but once countries accepted this currency and regulate the use of Bitcoin then it will be a part of the currency they are using.
newbie
Activity: 39
Merit: 0
Even if Bitcoin is used by business as a world common currency,
the government issues the digital currency of the own country and protects it.
newbie
Activity: 56
Merit: 0
No,at least for these years.Now some countries still treat Bitcoin as illegal currency,which means the government doesn't accept it.besides,most people just see Bitcoin as a investment to earn money,not a real currency.,even many people don't know what is Bitcoin,and what it is use for.Be a real money,it has a long long way to go.
full member
Activity: 180
Merit: 100
What are the chances of living in a world with no actual money ?  Shocked

Cryptocurrency couldn't fully replace fiat in the present time. Crypto must first deal with its unstable market value before everyone could accept and recognize it. But I am not closing the door for crypto. I can see a futuristic view when it comes to digital money. I can imagine a world where the techs are advance (sci-fi) and crypto currency leads the economy.
full member
Activity: 728
Merit: 101
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
full member
Activity: 350
Merit: 100
maybe someday bitcoin and other coin can replace the position of credit card or real money, right now many developer develop programs that you can use you crypto as the payment in offline store( as a visa card) maybe some day it will popular in public and will go international
full member
Activity: 227
Merit: 100
What are the chances of living in a world with no actual money ?  Shocked

In the present time, there would be significantly zero chance that crypto currencies overthrow the fiat. Crypto depends its market value to the demand of the people who trade it with fiat. There is also finite amount of bitcoins that can be mined unlike the fiat, which the government can print whenever they need it.
full member
Activity: 273
Merit: 100
Cryptocurrency is already making "real money" disappear. I'm not sure why you call FIAT money, real money. FIAT money is the worst type of money ever and Bitcoin is the best.
full member
Activity: 490
Merit: 107
What are the chances of living in a world with no actual money ?  Shocked

The science-fiction world where everything is digital is still light-years away from us. That world I imagined, will only exist if we all unite together- the hindrance of world peace. In that world without fiat, the most common crime would be in cyber world. Whether the crypto currencies can make these things happen, is still the mystery that we should wait for.
We are heading towards that direction either we like or not, because of the invention of crypto currency and if we can observe people most like will adapt cashless transaction like using Credit card yeah we are light year away from that. If it will not happen to our time may be the next generation will make it possible.
sr. member
Activity: 518
Merit: 250
What are the chances of living in a world with no actual money ?  Shocked

The science-fiction world where everything is digital is still light-years away from us. That world I imagined, will only exist if we all unite together- the hindrance of world peace. In that world without fiat, the most common crime would be in cyber world. Whether the crypto currencies can make these things happen, is still the mystery that we should wait for.
full member
Activity: 280
Merit: 100
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.
full member
Activity: 339
Merit: 120
What are the chances of living in a world with no actual money ?  Shocked

Well thinking about that not every people in the world would accept bitcoin as their medium of payment, it still gives me the idea that chances of neglecting fiat for medium is zero due to the fact that governments will never allow it to be happen, simply because they are centralized system, and bitcoin is a decentralized currency in which their power will be useless if this happened, and is that hassle if we will need to open our gadgets just to pay simple trnasactransactionstions?
sr. member
Activity: 868
Merit: 257
What are the chances of living in a world with no actual money ?  Shocked

The chances of living in a world with no actual money is significantly zero. Crypto currency cannot make fiat disappear simply because crypto depends on fiat. And you think the government will allow us to use the money that they have limited control over with? No. They will have hard time regulating BTC because that's the unique feature of BTC: away from the control of the central body.
newbie
Activity: 47
Merit: 0
Real cash are unable to vanish simply because there no offline cryptocurrencies. I can see them doing work side by facet and finishing each other.
jr. member
Activity: 51
Merit: 10
Cryptocurrency can't make take place of the real money. cryptocurrency along with bitcoin have some chance of taking place of real money someday if it's value does not go down and reach to a stable level.
jr. member
Activity: 350
Merit: 3
I think its impossible to make real money dissapear.cause money still important for transaction in the real world.maybe if more and more cryptocurrency user in the next time its possible...
legendary
Activity: 966
Merit: 1042
Cryptocurrency is the only real money in the world. Can cryptocurrency make cryptocurrency disappear? No because that makes no sense.

Can cryptocurrencies make fiat disappear? Not in the entire world. Certain countries or people will not accept it for a long time, but this will be to the advantage of everyone using bitcoins or whatever popular cryptocurrency is around in the future.
full member
Activity: 254
Merit: 100
Blockchain with solar energy
bitcoin maybe used for other things. but to make real money disappear, i doubt it...
newbie
Activity: 56
Merit: 0
I don't think governments will let that happen; the most likely thing to happen is that both coexists and Bitcoin is widely adopted by both the consumers & the companies.
newbie
Activity: 27
Merit: 0
yes, but not so quickly and coz it is decentralized and drives out the 3rd party out of the match.right here is the project referred to as crowdholding, aims the exact same in enterprise, it is an open up innovation platform aiming to link crowd with the business people. presently managing its pre ICO sales by giving YUPIE tokens
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