That's the future guys !! No more fiat currency, just Cryptocurrency!
I highly trust that's the banks of the world will make their own cryptocurrency to replace the fiat, in parallel of the existence of the bitcoin and alt.
I hope in 100 years, no more fiat currency on the world !! and maybe in less than ten years for some country
Topic: Crypto currency can replace the dollar - page 4. (Read 563 times)
It's really difficult to predict cause seem like people are losing their truth on cryptocurrency because of downward trend, scammer, hacker,.....Beside there are so many countries banned cryptocurrency especially Bitcoin so I think in these countries, cryptocurrency will not have chance to replace local currency. Beside US also has very strict rules for cryptocurrency so I think it's a little bit difficult for this case to come true 
LOL. There are so many words and I'm a lazy guy so I can't read them all by in my own opinion I believe that cryptocurrency can be able to replace dollar in the future 
. For now, cryptocurrency is going to be legalized in more country than before and I think number of country legalize cryptocurrency as their local currency will keep increasing really quickly and some day I think we no need to use cash anymore 
The future of cryptocurrency is great for me but I think it cannot replace any fiat money because government will not let it to happen, we know that fiat money is already part of the economy and cryptocurrency is not. Technically, cryptocurrency will be legal in many places but because of its volatility I think its too risky to depend on cryptocurrency so Dollar will stay. . For now, cryptocurrency is going to be legalized in more country than before and I think number of country legalize cryptocurrency as their local currency will keep increasing really quickly and some day I think we no need to use cash anymore 
I do not think the dollar can take its place, but I think it will take out a crypt money instead of dollars. But I do not think there will be any decentral money in it.
LOL. There are so many words and I'm a lazy guy so I can't read them all by in my own opinion I believe that cryptocurrency can be able to replace dollar in the future . For now, cryptocurrency is going to be legalized in more country than before and I think number of country legalize cryptocurrency as their local currency will keep increasing really quickly and some day I think we no need to use cash anymore
. For now, cryptocurrency is going to be legalized in more country than before and I think number of country legalize cryptocurrency as their local currency will keep increasing really quickly and some day I think we no need to use cash anymore 
Crypto currency can replace the dollar -- Possibility chance? = 0% No cryptocurrency on this world or being made out which can able to replace dollar. We do know the current standing of USD and its on the top local fiat thats being used and i dont see a reason that a crypto would able to dethrone or remove it into this financial ecosystem. Even on other currencies too, as long theres government this thing is impossible to happen. Cryptocurrency would just really remain as it should be.
I came across a news statement where it was clearly explained about the fall in the economy of America. In that talk he never used the term cryptocurrency, because to the dollar in usage the bitcoin usage is very low. He mentioned the government's varied financial policies were the cause for the fall and this won't lead to any form of replacement.
I agree, I have noticed that non-crypto users don't even give a thought of cryptocurrencies but we crypto users think it as everything. When most of the population consider it as risky investment or ponzi scheme, how in this world could it become a universal currency replacing dollar. Even the idea of this happening is hollow.
I came across a news statement where it was clearly explained about the fall in the economy of America. In that talk he never used the term cryptocurrency, because to the dollar in usage the bitcoin usage is very low. He mentioned the government's varied financial policies were the cause for the fall and this won't lead to any form of replacement.
I recently pondered with my friend about the fact that the American economy can rejuvenate thanks to bitcoin. Those who know what inflation is will understand me. The dollar has a very large public debt, they do it to avoid inflation. All the inflation money they take out of the country and sell as debt to other countries.. So now America produces USDT, the same dollars that are the equivalent of Fiat money (USD). So there will not be soon these countries where to export inflation money, they will be introduced into bitcoins.
You have a source for this claim?
The problem is which crypto? And how will they prevent the wild price swing.
No one knows. Maybe it is still to be created.
The price swings is what makes people invest on crypto. We love when they are "mooning" but hate the dips/corrections. They go together like night and day.
If a coin is stable, why invest on it? Might as well stay with the dollar and do time deposit. :p
The problem is which crypto? And how will they prevent the wild price swing.
I think governments will continue to want a government controlled currency but it will probably transition to a digital form and basically eliminate cash at some point.
It’s possible that governments will have their digital currencies while decentralized cryptocurrencies are used in conjunction. I believe this can work in the same way we currently see government currencies along with credit cards, PayPal, etc.
It’s possible that governments will have their digital currencies while decentralized cryptocurrencies are used in conjunction. I believe this can work in the same way we currently see government currencies along with credit cards, PayPal, etc.
I would say yes but it may take some time for that. The current situation may no be positive for this but I believe very soon crypto currency would replace dollar or any currency in that matter. There are almost 20% people using crypto now a days and the percentage would be increased in the coming days. At least 50% people using crypto would be a benchmark in another 2 to 3 years from now.
In fact, this is a good idea. And I believe that this should be so. The entire world economy should not be tied to the dollar. And if it is a matter of large-scale interstate settlements, it is very reasonable to use crypto currency.
Also I believe that in 10-15 years, crypto currencys will be used everywhere. Of course, many are still far from the world of electronic money, but time will pass and everything will change.
Also I believe that in 10-15 years, crypto currencys will be used everywhere. Of course, many are still far from the world of electronic money, but time will pass and everything will change.
If USA goverment sees same issue its definatly they will ban bitcoin and all crypto coins soon.
So its not a issue for now. USA will support crypto until they saw that community trying to replace USD
So its not a issue for now. USA will support crypto until they saw that community trying to replace USD
If bitcoin is to replace the dollar it needs to become less volatile a lot more handy, scalable and the big data usage has to be solved.
It has the potential to get there one day but i bet that another coin will get there first.
in any case, the society will lose interest in bitcoin if its price stabilizes and it reaches a dead end. Today, many investors make deposits in Bitcoin, because there are predictions that Bitcoin Raise your price, which means that it will bring good profits. But if this interest does not exist, Bitcoin will not be worth it either.It has the potential to get there one day but i bet that another coin will get there first.
If bitcoin is to replace the dollar it needs to become less volatile a lot more handy, scalable and the big data usage has to be solved.
It has the potential to get there one day but i bet that another coin will get there first.
in any case, the society will lose interest in bitcoin if its price stabilizes and it reaches a dead end. Today, many investors make deposits in Bitcoin, because there are predictions that Bitcoin Raise your price, which means that it will bring good profits. But if this interest does not exist, Bitcoin will not be worth it either. It has the potential to get there one day but i bet that another coin will get there first.
It is very hard to believe that cryptocurrency can replace the dollar. It can used as an alternative payment method, but replace it is not something what I believe. Therefore I think that cryptocurrency will take an important place as alternative payment method, because it is transparant and fast.
Maybe you did not imagine it but so far, there is no better solution than decentralized digital currency to become a neutral international currency, CryptoCurrencies is not an alternative but this is the best solution at the moment. I think some people who realize the importance of decentralization in international currency have started using crypto for their transactions.
If bitcoin is to replace the dollar it needs to become less volatile a lot more handy, scalable and the big data usage has to be solved.
It has the potential to get there one day but i bet that another coin will get there first.
It has the potential to get there one day but i bet that another coin will get there first.
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