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Topic: Crypto money will kill fake money - page 10. (Read 1067 times)

newbie
Activity: 90
Merit: 0
August 07, 2018, 10:38:53 PM
#65
What you said makes sense, the cryptocurrency completely avoids the existence of counterfeit currency, because the use of cash in our country has a large amount of cash is counterfeit, the information of the cryptocurrency is more transparent and open, I think very good. It is good for our lives.
newbie
Activity: 84
Merit: 0
August 07, 2018, 10:31:09 PM
#64
No, it is not possible to kill the fake money by the crypto money. Crypto is not here to replace the traditional financial system. There are many people around the world who still uses fiat money to transact. And most importantly fraud people can never be eliminated; they will come up with their new techniques to cheat people.
newbie
Activity: 84
Merit: 0
August 07, 2018, 09:53:16 PM
#63
Crypto is here to make the lives of people better. It is not there to replace the traditional form of exchange, i.e. money. This cannot happen mainly because there will be countries, where the goverment will be against it for it being a centralized market.
full member
Activity: 812
Merit: 120
https://combonetwork.io/
August 07, 2018, 09:25:22 PM
#62
what is clear if that happens will change the function of bitcoin again and the value will no longer fluctuate as it is today.
but if this can be applied by the whole world I think we are more efficient in making transactions with each other easily and clearly.
hero member
Activity: 938
Merit: 501
August 07, 2018, 09:12:01 PM
#61
It isn't easy to kill fake money or fiat money or credit cards. Economic systems can not change at the same time, and if fast changes, it causes chaos around the world. It must be slow.
member
Activity: 476
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
August 07, 2018, 09:03:59 PM
#60
Since crypto unregulated in some country, will be difficult to replace fiat money.  Regulation is most important for adoption of Bitcoin.  When crypto regulated,  many more people will more easy to use it for daily transaction.
sr. member
Activity: 529
Merit: 251
The Future Of Work
August 07, 2018, 08:41:25 PM
#59
I want to believe in this sentence. But I don't know it will happen or not. But I really believe that our world will change a lot because of cryptocurrency and blockchain, We won't need trust in a lot of areas to deal with other people and it's great. A lot more opportunities for our children in the future.
copper member
Activity: 266
Merit: 0
August 07, 2018, 08:28:54 PM
#58
I think thats an important and big plus for crypto currencys.
Alone for the reason i could imagine that crypto will eventually prevail.
But i do not want to judge too hastily. The better system does not always prevail.
member
Activity: 71
Merit: 10
August 07, 2018, 08:20:16 PM
#57
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 was created for us to have financial assistance in terms of investment not to replace cash but in some point we can see that because of the cryptocurrency we can easily manage our money and store it in there. The good thing in this kind of medium you can go anywhere buy thing and stuffs anywhere cashless because you can withdraw your money in your designated bank esier. I think cryptocurrency is a good solution in the future.
member
Activity: 462
Merit: 13
August 07, 2018, 07:57:40 PM
#56
Inasmuch as crypto cannot replace fiat and that fiat cannot replace crypto, i think crypto cannot kill money. The two would only work hand in hand.
Another thing that caught my attention is that, is there any official tender, in terms of money that us counterfeit? I think anything counterfeit is not an officially acceptable means of exchange or payment. So, money will still be in use, but crypto might just be an option for those who want it.
member
Activity: 280
Merit: 10
August 07, 2018, 07:43:29 PM
#55
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.



 The concept of bitcoin protocol which is all about decentralization is one greatest technological improvement of financial development,so it's going to kill fiat and fake money in the nearest future. What the society needs is massive adoption of bitcoin to achieve this singular mission. Thanks
newbie
Activity: 168
Merit: 0
August 07, 2018, 07:33:09 PM
#54
Counterfeit money can damage the economic system of a country. Cryptocurrency can solve this problem easily. I think if any country starts using cryptocurrency, it will be good for the economy of that country, because people can’t fraud.
full member
Activity: 318
Merit: 100
The Future Of Work
August 07, 2018, 07:24:57 PM
#53
I was very encouraged when I start learning more about cryptocurrencies. I start dreaming how it will be in feature, to pay with crypto from your mobile from any place in the world. But we should war for this revolution )
full member
Activity: 966
Merit: 102
August 07, 2018, 07:20:26 PM
#52
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.


Credit cards can be used as a means to stop the circulation of counterfeit money if many people use it. but if I don't think bitcoin can be maximized because it still hasn't been fulfilled in some countries. so maybe if all countries accept crypto I think crypto money will be able to maximally kill fake money
member
Activity: 574
Merit: 10
August 07, 2018, 07:18:52 PM
#51
Actually even credit cards are being integrated with your phone via apple pay, so wallet isn't a necessity, but i get what you mean.
Crypto will be adopted soon, just wait when it will happen and you will forget your feasible wallet
newbie
Activity: 154
Merit: 0
August 07, 2018, 07:17:31 PM
#50
I don’t think govt. will ever allow to replace traditional or fiat money with digital currency. Now to kill fake money scammers need to disappear which is definitely so difficult to materialize in reality.
jr. member
Activity: 378
Merit: 1
August 07, 2018, 07:16:15 PM
#49
Not everyone can afford to use encrypted money, most especially anything that has to do with the internet. While on the other hand, some would gladly receive it.
newbie
Activity: 154
Merit: 0
August 07, 2018, 07:07:01 PM
#48
I personally think this thing will only happen if crypto currency get mass acceptance and that day actually needs more time to come in real. People are still dependent on traditional money more compared to digital currency.
jr. member
Activity: 196
Merit: 2
TREEBLOCK.io
August 07, 2018, 05:43:22 PM
#47
I don't think cryptos or credit card will kill fiat money, No matter what everyone needs fiat money to spend, there are some things you can't buy unless you use fiat money, especially if you are from third world countries where technology is still in low level, they can't do without fiat.
full member
Activity: 602
Merit: 100
https://i.imgur.com/BBmstUL.jpg
August 07, 2018, 05:16:45 PM
#46
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.



Bitcoin can kill credit card and paper money if more people adopt it, so what we need do is to create massive awareness globally for its adoption. The use of bitcoin or altcoins will help remove fake money in the world.

Until now there are still many people who do not believe in digital money, they still use real money, so it cannot be said to kill paper money. Living in the real world and with real money they are safe and the general public has not received crypto.
In the crypto world, there are many ways to get money and will provide new breakthroughs to be able to eliminate counterfeit money.
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