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Topic: Crypto money will kill fake money (Read 1035 times)

brand new
Activity: 0
Merit: 0
August 30, 2018, 02:11:21 PM
Crypto-currencies have the advantage that they do not need to be printed. Undoubtedly the second advantage is the inability to use counterfeit money. The third advantage is the ability to quickly and conveniently enter the Crypto currency as a state currency.
hero member
Activity: 714
Merit: 500
September 01, 2018, 07:34:36 AM
Everything in our lives is now in our phones.
Why should we carry a wallet or credit card?
I really do not understand that.
millions of counterfeit money is printed every day
There's a lot of fake money in the world.
Can credit cards prevent this?
Bitcoin will kill them.


Gradually certainly crypto improvement can't be prevented. Crypto is going to be broadly recognized within the culture, however, continue to be awaiting the actual improvement from the technologies too. Crypto may be used obviously in the event that you will find currently adequate amenities. Whenever it's not really however satisfied everything after that it might be hard to use the actual crypto for a lifetime. the cash would be the greatest within shear due to program everybody desires stuff that tends to be useful as well as secure. Crypto may be the solution.
newbie
Activity: 84
Merit: 0
August 30, 2018, 02:40:29 PM
There is no correlation between bitcoin and fake money. There exist correlation only between fake money and fiat. Bitcoin is a digital currency. And it is not a legal tender in all country. So killing fake money can not be a bitcoin purpose.
legendary
Activity: 1302
Merit: 1018
Cashback 15%
August 30, 2018, 02:16:05 PM
true but it won't eliminate scams.

the scammers won't just go away because bitcoin is being used. the type of the scam changes and they continue ripping off newbies. for example one of the common methods have been ICOs which is basically the same as "fake money" since they are not real and there is nothing behind them but 1 person writing a simple code. or the new short lives scam called forking bitcoin where they kept creating forks of bitcoin and called them "real bitcoin" and fooled people.
Cycle will definitely continue since no matter which new system we would use up there would always be away how those scammers and fraudsters will take advantage with those people who do lack up knowledge.
Crypto development or innovation is indeed revolutionary but we cant really escape the fact that we wont really come to a time where Physical fiat would vanished.
jr. member
Activity: 179
Merit: 1
August 30, 2018, 02:14:12 PM
Everything in our lives is now in our phones.
Why should we carry a wallet or credit card?
I really do not understand that.
millions of counterfeit money is printed every day
There's a lot of fake money in the world.
Can credit cards prevent this?
Bitcoin will kill them.



I was to make an objection but the support message justify it.
This is true, there are a lot of people or syndicates who are up and do bad things who spread fake money and victimize many people.
this will easily take out those fake money, but the next problem will be those hackers.
sr. member
Activity: 2002
Merit: 250
August 27, 2018, 01:04:13 PM
Firsts crypto should solve  many issues first  with itself before solving issues with Fiat. and the world has to have global modernization so everyone can indeed access the internet and use their phone for this transaction. but there has been a lot of cases where cryptos have been scammed and stolen from people.
true too, it seems that the problem with fiat is too far to be discussed, because to break the legality, crypto is still quite difficult, so how can it be possible to get rid of counterfeit money or the bank at the same time, crypto is still very young and many people do not know well, so now what we have to do is campaign for everyone to get to know crypto.
full member
Activity: 280
Merit: 100
August 27, 2018, 12:26:56 PM
I'm looking forward to a nice day, just touch the phone to pay any bill by BTC.
I also hope to see that day. But I don't think it can become true. Because the currency represents for each country. The value of the currency reflects the country's economic well-being. And I do not think that all countries in the world will agree to use the same currency
full member
Activity: 406
Merit: 100
August 27, 2018, 11:49:00 AM
Firsts crypto should solve  many issues first  with itself before solving issues with Fiat. and the world has to have global modernization so everyone can indeed access the internet and use their phone for this transaction. but there has been a lot of cases where cryptos have been scammed and stolen from people.
newbie
Activity: 46
Merit: 0
August 22, 2018, 04:14:47 AM
Wow I agree with you crypto currency is the future and with time you only need to have your phone to buy or sell goods and services
sr. member
Activity: 674
Merit: 250
August 21, 2018, 10:17:38 PM
Everything in our lives is now in our phones.
Why should we carry a wallet or credit card?
I really do not understand that.
millions of counterfeit money is printed every day
There's a lot of fake money in the world.
Can credit cards prevent this?
Bitcoin will kill them.



With the help of Crypto currencies thru digital transactions then of course it will guarantee that fake money will be limited and will be obsolete except if the banks itself will release a fake money then that will be another story. Maybe in the future everything will just rely on digital money or Crypro currencies to ensure that fake money will be 100% be eliminated.
We will see not only fake money disappear but also the bank will disappear. So the story that the banks itself will release a fake money won't happen when crypto currencies is the only means of payment around the world.
full member
Activity: 756
Merit: 102
August 21, 2018, 09:53:47 PM
did you forget that whenever we cash in or cash out our cryptos , we still use fiat money ? so there is still a chance that we are using a fake money  , therfor cryptos cannot really terminate them though they can help lessen the use of it if all of the people in the world will only use cryptos for every kind of transactions they like .

Crypto does not also kill all the currency because cryptos are only an alternative currency next to fiat money   , regular currencies are still the one that people mainly use because they are easy and less hassel .
full member
Activity: 630
Merit: 103
August 21, 2018, 09:48:42 PM
Everything in our lives is now in our phones.
Why should we carry a wallet or credit card?
I really do not understand that.
millions of counterfeit money is printed every day
There's a lot of fake money in the world.
Can credit cards prevent this?
Bitcoin will kill them.



With the help of Crypto currencies thru digital transactions then of course it will guarantee that fake money will be limited and will be obsolete except if the banks itself will release a fake money then that will be another story. Maybe in the future everything will just rely on digital money or Crypro currencies to ensure that fake money will be 100% be eliminated.
copper member
Activity: 210
Merit: 0
August 21, 2018, 09:46:48 PM
i have fell for fake money and i really hope that crypto helps me that this happens never again. i think every businessman can convince himself with this argument of crypto.
sr. member
Activity: 616
Merit: 262
August 21, 2018, 09:39:02 PM
this is definitely a good reason to use crypto. there is far too much counterfeit money in circulation and this could be mitigated with crypto. i will definitely remember this now and cite as a reason for crypto.

If crypto would be use alone and there would be no fiat money then this would definitely kill those counterfeiters because they cannot just easily copy it since it has no physical form and you cannot fool blockchain. This is the power of cryptocurrency and it is just one of the benefits for using it as there is still a lot that cryptocurrency can do that would help us in making our lives more at ease and be more efficient in our transactions. There may be some negative aspects of it like being use in illegal activities but if we help in solving it then we can do it.
newbie
Activity: 91
Merit: 0
August 21, 2018, 09:37:50 PM
I think scammers can do whatever they want in any field. Over time, people will understand that blockchain technology can help in this
newbie
Activity: 154
Merit: 0
August 21, 2018, 09:33:54 PM
Everything in our lives is now in our phones.
Why should we carry a wallet or credit card?
I really do not understand that.
millions of counterfeit money is printed every day
There's a lot of fake money in the world.
Can credit cards prevent this?
Bitcoin will kill them.



I think cryptocurrency can really stop the spreadout of fake money but in cryptocurrency there is too much problem that you could encounter like the risk, volatility and security.
jr. member
Activity: 322
Merit: 2
August 21, 2018, 09:24:56 PM
Everything in our lives is now in our phones.
Why should we carry a wallet or credit card?
I really do not understand that.
millions of counterfeit money is printed every day
There's a lot of fake money in the world.
Can credit cards prevent this?
Bitcoin will kill them.


Crypto can lessen the activities of fake money only in the country that accepts crypto or using digital currency. But to those area that the access to the internet is limited and to those merchandisers that is not yet comfortable to use the technology to their system of payment, the traditional way will still be implemented.
newbie
Activity: 168
Merit: 0
August 21, 2018, 09:10:54 PM
this is definitely a good reason to use crypto. there is far too much counterfeit money in circulation and this could be mitigated with crypto. i will definitely remember this now and cite as a reason for crypto.
member
Activity: 188
Merit: 10
quarkchain.io
August 21, 2018, 04:49:05 PM
A good idea, but the question is, what are the chances of its implementation? I love cryptocurrency, but in the next 5 years it is difficult to implement, in my opinion.
newbie
Activity: 39
Merit: 0
August 20, 2018, 02:59:01 AM
Better believe it, this is this present reality, Nowadays, fiat cash, printed cash, and different kinds of cash have their own control. They ought to be gotten their wallet and utilize the Mastercard or charge for exchange and numerous others cards. Anyway here, the nearness of bitcoin and other digital currency is really another approach to facilitate the exchange. Be that as it may, not all fields can acknowledge this position on the grounds that numerous individuals and directions are as yet not acknowledged the crypto.
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