Topic: Can cryptocurrency make real money disappear? - page 9. (Read 28831 times)
For me there is low chance of living in a world without no actual money and its impossible for now because cyptocurrency isnt famous for some places and it cant replace fiat for now using cryptocurrency as substitute to actual money because governments wont just let it happen thats my opinion.
ofcourse not, cryptocurrency dont have the power to remove the real money from our world, we can use cryptocurrency as a payments to things that we buy or anything that needs real money, we cant replace the real money
I think no government will allow it. However, since the popularity of cryptocurrency is growing, governments may want to create its own trackable cryptocurrency and lie to us that it's 100% secure.
Yes,i'm totally with you, the goverment won't let some kinds of digital currency replace their currency which presented to their power on economy even it's weak.So the point is not about how good Bitcoin is , the point is that goverment mus mot be selfish to do this one.
Banker must be do not want to lose their authority. Right now many banks banned their customer to transaction with cryptocurrency. Its happen because cryptocurrency will disrupt their bussiness and as intermediaries, bank will no needed anymore
Its near impossible to think of a world without FIAT money, I myself am still very unsure of the future of Crypto and what it looks like 5, 10 , 15 years from now. I think if Crypto has any place in the future it might then determine if "real money" will disappear. But, we've to get there first. Not that I'm saying Crypto itself will disappear but for the foreseeable future it looks to remain on the fringes of society. Who knows..
This is something that has come up over and over, regardless i will need to state that I think the appropriate response will need to be a no on this one. I just by and by can't see a period where the legislature permits a rebellious and decentralized coin/digital currency to take control over the money which they have add up to control over inside their nation. For what reason would they surrender the control that they need and they should have the capacity to completely control everybody inside their nation?
I'd be moronic for them to do this, and I don't think they'd ever decentralize the monetary standards all around like this. There will be wayyy an excessive amount of cash from individuals who don't need this to happen going into congress for this to try and leave Congress with a win for the general population who bolster cryptos.
I'd be moronic for them to do this, and I don't think they'd ever decentralize the monetary standards all around like this. There will be wayyy an excessive amount of cash from individuals who don't need this to happen going into congress for this to try and leave Congress with a win for the general population who bolster cryptos.
I dont think so.Fiat money for now cannot be replace by bitcoin although bitcoin has a huge value but still it is not accepted by the government.However if bitcoin will continue to grow it might conquer the fiat but we will just see what would happen soon.
You're looking at it with wrong perspective. Cryptocurrencies won't make "real money" disappear. Cryptocurrencies will change become "real money".
I mean our economic system and money is outdated, slow and expensive. Whereas cryptocurrencies offer fast and costless transactions globally. Making someting "global" is the first step of making it "universal".
If you think this world is the only one the mankind will live in, you gotta read more about our species. We're evolving to make interstellar travels and we'll colonize many worlds. The system we're calling cryptocurrency today is the only applicable system for an interplanetary species. Physical money isn't effective beyond the borders of a nation.
Money will never disappear and cryptocurrencies are just the future happening now.
I mean our economic system and money is outdated, slow and expensive. Whereas cryptocurrencies offer fast and costless transactions globally. Making someting "global" is the first step of making it "universal".
If you think this world is the only one the mankind will live in, you gotta read more about our species. We're evolving to make interstellar travels and we'll colonize many worlds. The system we're calling cryptocurrency today is the only applicable system for an interplanetary species. Physical money isn't effective beyond the borders of a nation.
Money will never disappear and cryptocurrencies are just the future happening now.
We all know that money runs for everything. I just believe that cryptocurrency can't replace real money since from the start money is existing. The cryptocurrency might serve as an alternative ways to run everything(for pyments, for buying, or etc.).
Cryptocurrency can't remove physical money the government can't replace our traditional currencies. But, yea still anything is possible with cryptocurrency 
I guess, maybe in far future, but it is safe to say that it will never happen in our lifetime. Though bitcoin is very popular right now, but not all countries accepts bitcoin.
In my opinion its impossible to make real money dissapear it with cryptocurrency, our government will not allow it to happen because it is not yet legal in our country. Fiat and crypto currency has a different field and area of responsibility so I think it is impossible for crypto currency to replace fiat.
I don't think this chance would happen in hundred years. May be this would happen the next hundred years. And I think cryptocurrency can shift the actual money position, but not to eliminate it. Until whenever it is, cash will still be exist, although the number of users is less.
Well cryptocurrency can possibly make paper money obsolete but it will never make real money disappear because if the money we are using now become obsolete and replaced by cryptocurrency then, the cryptocurrency itself will become the real money and yes bitcoin as well other digital currencies were becoming more popular just because of the increasing usage of bitcoin all over the world. For the growth to happen in a sustained manner we need to make continued spreading in a better way
After all, the use of bitcoin is still very limited. Many areas have not been reached the internet, and also the problem of legality. Thus, conventional money will still exist. Both, between fiat and cryptocurrency, will complement each other to make life easier. 
What are the chances of living in a world with no actual money ? 
There is a small amount of probability that live in a world without no actual money, because human are cant fully adjust to a thing that is new to him or her. Although bitcoin and other cryptocurrencies are became famous today, some old individuals are not using it and some young are not using it too. So there is a large amount of probability that real money will not gone at all.
Well cryptocurrency can possibly make paper money obsolete but it will never make real money disappear because if the money we are using now become obsolete and replaced by cryptocurrency then, the cryptocurrency itself will become the real money and yes bitcoin as well other digital currencies were becoming more popular just because of the increasing usage of bitcoin all over the world. For the growth to happen in a sustained manner we need to make continued spreading in a better way
In my opinion there are no chances to live in a world without classic currency. As I know Sweden does not have cash money since two or three years now, but for all the money to be replaced with crypto-currency, this is something that governments should impose. Bitcoin is beginning to be very accepted in Asia, but in Europe and other parts of the world there are many things to be done to be accepted. Here where I am there are no physical shops to accept bitcoin. So in my opinion the chances to live in a world without classic money are very slim.
What are the chances of living in a world with no actual money ?
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.
Yes the possibility is very low becs. There are people who do not have access in compueters. In our country it is very hard there are only 2M who joined btc. Maybe both can be use.
What are the chances of living in a world with no actual money ?
no it wont,paper wallet will never gone because both of this money,virtual or fiats are needed to run the world,they have their own function to give benefits to the people.every countries will remain their currencies and same as their own virtual money Sometime i do think virtual can replace the real money but according to the reality and it's actually impossible.
What are the chances of living in a world with no actual money ?
no it wont,paper wallet will never gone because both of this money,virtual or fiats are needed to run the world,they have their own function to give benefits to the people.every countries will remain their currencies and same as their own virtual money I think no government will allow it. However, since the popularity of cryptocurrency is growing, governments may want to create its own trackable cryptocurrency and lie to us that it's 100% secure.
Yes,i'm totally with you, the goverment won't let some kinds of digital currency replace their currency which presented to their power on economy even it's weak.So the point is not about how good Bitcoin is , the point is that goverment mus mot be selfish to do this one.
Jump to: