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Topic: Crypto money will kill fake money - page 11. (Read 1075 times)

sr. member
Activity: 518
Merit: 250
August 07, 2018, 04:08:27 PM
#45
As soon as they came up with money for trading and other commercial operations, people immediately appeared who were ready to make their fakes. The lack of control by the defenders of crypto currency is always presented as one of the most significant pluses, but in fact it is more negative.
If someone steals your crypto currency, then at the moment nothing can be done. All because of anonymity and lack of control by banks and states.
sr. member
Activity: 798
Merit: 250
homt.net
August 07, 2018, 03:44:29 PM
#44
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.
member
Activity: 220
Merit: 10
August 07, 2018, 03:44:21 PM
#43
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.


All the money in our world if we will be sober and honest ist just nothing more than a fake. Because only worthy system is a barter, when you exchange a goods to a goods without the mediators.
newbie
Activity: 116
Merit: 0
August 07, 2018, 03:42:44 PM
#42
Credit cards can not prevent the uncontrolled release of new money, and Bitcoin can. That is why the biticon will be accepted more and more by people.
jr. member
Activity: 237
Merit: 1
August 07, 2018, 03:39:43 PM
#41
It is true that counterfeit money is a form of fraud and we cannot deny that it is a part of our life, we sometimes face it.
Scams are everywhere and I think there is no way to stop scams in the cryptographic world and even in the real world.

Currency is indeed created but cannot develop so that it is eliminated and is considered counterfeit, it can be a worthless dead money.
In the real world there are many scams, so for crypto money, there are also many who cheat and have no value, so it all depends on us how to manage it.
sr. member
Activity: 532
Merit: 253
August 07, 2018, 03:39:26 PM
#40
I strongly support this position, but I have that point that the question of safety is still open and we still do not have that perfectly working on-line system everywhere.
jr. member
Activity: 266
Merit: 1
August 07, 2018, 03:36:48 PM
#39
This is absolutely true that crypto money will eradicate fake money but every good thing has its negative side, you might also be scammed of crypro tokens.
hero member
Activity: 3052
Merit: 651
August 07, 2018, 03:35:17 PM
#38
Actually credit cards are being copied a long time ago and they cannot stop that.
Same with ATM or debit cards. That is why they made some adjustments with that bronze thing that is in it or they call it "smart chip".

Somehow they think it could stop the fakes that are being made or for customer security.
One of the perks of bitcoin is also to prevent that from happening over and over again. There is no fake bitcoin just copies like BCH and other altcoins but they have their own part on the blockchain.
newbie
Activity: 34
Merit: 0
August 07, 2018, 03:28:31 PM
#37
It is true that counterfeit money is a form of fraud and we cannot deny that it is a part of our life, we sometimes face it.
Scams are everywhere and I think there is no way to stop scams in the cryptographic world and even in the real world.
newbie
Activity: 59
Merit: 0
August 07, 2018, 03:26:33 PM
#36
Until they become more user-friendly. Right now the barrier to entry is quite high, and retailers generally avoid cryptography. Now there are some exceptions, but even those companies probably regretted collecting payments to BTC in the winter months earlier this year. I think in the long run and in General, Yes, it will take more, but we are not close yet.
member
Activity: 490
Merit: 10
August 07, 2018, 03:22:27 PM
#35
Bitcoins is not going to be the solution of fake money because with the existence of bitcoins fiat currency will still exist and converting bitcoins to fiat can still lead to fake money.
newbie
Activity: 44
Merit: 0
August 07, 2018, 03:18:21 PM
#34
You're talking about counterfeit money? How would crypto kill counterfeit money if the counterfeiters will still be able to pass if off as real money to unsuspecting people? If you're saying that people will stop using cash, why would the average person stop using cash when crypto is so volatile?

And even if a large portion of people start using cryptos, will the US government say we give up, we will no longer accept the dollar?
full member
Activity: 574
Merit: 101
August 07, 2018, 03:14:33 PM
#33
It will when you convince your grandma that crypto money is not the fake money. I believe for the next 50+ years, we will have both fiat and crypto existing and being used like 50/50.
member
Activity: 145
Merit: 10
HalommmmE is my LOVE
August 07, 2018, 02:24:41 PM
#32
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.


Absolutely true . I have no doubts that bitcoin  + alternative coins (good coins only) will be new payment gateway for next generation perhaps we will touch the start of official banks open door in general to exchange bitcoin in near future . 
member
Activity: 308
Merit: 10
August 07, 2018, 02:17:41 PM
#31
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.



Do you imagine what will happen if your phone breaks or you can not charge it. Personally, I'm not against any methods of payment, either electronically or in cash. Let everyone decide how convenient it is for him.
newbie
Activity: 168
Merit: 0
August 07, 2018, 01:59:44 PM
#30
Fake money will exist until there is fiat money. Cryptocurrency especially bitcoin can be a global alternative currency but it won't be able to take place of fiat money. There are many restrictions.Fake money will exist until there is fiat money. Cryptocurrency especially bitcoin can be a global alternative currency but it won't be able to take place of fiat money. There are many restrictions.
full member
Activity: 504
Merit: 101
August 06, 2018, 10:21:50 AM
#29
Cryptocurrencies do not have a good infrastructure for solving issues for billions of people yet. Fiat money are very useful today and I really do not know why should I use cryptocurrency instead. To build that infrastructure not only one decade needed.
jr. member
Activity: 46
Merit: 1
August 06, 2018, 10:02:20 AM
#28
Although bitcoin and the blockchain technology have a lot of advantages, I do not like the idea of bitcoin replacing fiat completely because of the volatile nature
copper member
Activity: 196
Merit: 0
August 06, 2018, 09:52:53 AM
#27
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.
This is really a good argument for cryptocurrencies. With crypto money, there can be no more fake money. I have not really thought about that before.
sr. member
Activity: 490
Merit: 250
August 06, 2018, 09:42:57 AM
#26
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.



We knew already how secure and convenience cryptocurrency, its technology and its great innovation reay helps a lot in our existing ecommerce industries and individuals who are in the internet world. But not totally this kind of technology can prevent and kill the counterfeit money production because not all individuals do believe in cryptocurrency and not individuals have their own computer and internet at home especially in the remote areas where their is lack of information technology.
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