Crypto money will kill fake money - page 3.

Matteo.b

full member

Activity: 356

Merit: 100

Quote from: Neo.op on August 05, 2018, 08:24:39 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

There are some advantage and disadvantage of using both of these currencies. Crypto may use these as faster transaction in many ways it is safer more reliable but not everybody where use phone or other gadgets in making this kind of transact. So for the people that cannot afford to use this they preferred use maney as their currencies. So different ways and different characteristics are applicable for both parties.

ti4c

newbie

Activity: 148

Merit: 0

I agree that a lot of things in our lives has gone digital but not everything in our lives is in our phones. The advantages of digital money has not more than physical money. But in the near future, I think digital money will begin to exceed it. It has not yet happened, it's still in the process of happening but will definitely happen.

JaoBadjap

full member

Activity: 532

Merit: 132

Quote from: Neo.op on August 05, 2018, 08:24:39 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.

The World Currency And Crypto could co-exist.
but it could never replace each other or solve the prime problems that exist within them.
using money and credit card is a conventional way to make your transaction
but with digital age, which allowed us to make and use digital money for transaction
is only helping us to make much faster and safer transactions
it never intend to replace the real money nor kill them

Evan_Smith

newbie

Activity: 17

Merit: 0

Quote from: Neo.op on August 05, 2018, 08:24:39 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.

I don't know why you carry a wallet and a credit card, haha. I just have literally everything on my phone. All of my loyalty cards are on my phone. I use Google Pay. I have all my debit and credit cards from different countries on one phone. I easily pay for everything in all store by just tapping my phone. I'm sure this will be possible with crypto in the future too, but an obvious solution to counterfeit money is already here. Just don't use physical money. It also helps in the stores, so I don't need to count my change to make sure I'm not getting ripped off.

BlazeEthereal27

newbie

Activity: 29

Merit: 0

If crypto will be used as a fiat, then people will not use fake currency.

WiredContent55

newbie

Activity: 30

Merit: 0

I think one of the major goal of creating crypto is to reduce the use of fake money.

MixedGalaxy214

newbie

Activity: 29

Merit: 0

Crypto was invented to run independently so no one can misuse it.

ExoticDynamics547

newbie

Activity: 45

Merit: 0

People also think that crypto will vanish fake money that's why they support it.

Gaff

hero member

Activity: 924

Merit: 502

Quote from: Neo.op on August 05, 2018, 08:24:39 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.

If the global adoption of cryptocurrency is realized then probably you are right but we need to uplift those countries that we considered a third world, to take a ride the evolution and a very difficult task to do in order to have one currency.

CardMate355

newbie

Activity: 31

Merit: 0

There is hope that, when crypto will be accepted from all, it will reduce the risk of fake money.

Nahdatullah

newbie

Activity: 59

Merit: 0

Quote from: Neo.op on August 05, 2018, 08:24:39 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.

in my opinion no. because if bitcoin kills it all the same changes the official currency in that country. and you know if there is currently no country that officially recognizes bitcoin as the official currency in a country.

sumangs

full member

Activity: 644

Merit: 101

Yes it would since fake money won't bypass blockchain and smart contracts. I hope cryptocurrencies will be implemented immediately even there are issues it would still be convenient rather than staying up using fiat money. Transactions made easier and almost illegal source of money would be reduced due to cryptocurrencies features. It would be also better if the world will stick on one currency that is not own by the governments that's why bitcoin is the best candidate to be the global digital currency we should use when digital age is on function.

cryptoherr

member

Activity: 114

Merit: 10

Empowering crypto w/ sustainable energy

Bitcoin does really have the potential to kill them. But there are a lot of Problems at the Moment. The biggest ones at the Moment are the volatility and the tx fees

dainoran

full member

Activity: 664

Merit: 100

I think, for Crypto money to kill counterfeit money seems difficult to do, replacing paper money with cryptocurrency, that's quite difficult. the use of paper money is still widely used by some countries as a transaction tool.

icreative998

newbie

Activity: 79

Merit: 0

Quote from: Neo.op on August 05, 2018, 08:24:39 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.

I think the bitcoin feature when created is anti-counterfeit, so in the future people will prefer to use cryptocurrency rather than cash. Because the convenience that it brings will help people buy products or make transactions quickly. Only the blocking of the blockchian still makes moin people feel anxious

fairbee

copper member

Activity: 338

Merit: 250

Is it really that much simple really? If we talk about crypto then many people really don't about security concerns. Even who used to trade every day those also. It's a facet really. No doubt it makes many things easy. But what if we don't have any internet at any time. Like many people even don't use the smartphone or even can't afford it. Even what about kids who want to buy just ice cream. Yeah, We are going towards next world of crypto then also need more innovation yet.

bit..what?

jr. member

Activity: 294

Merit: 1

I see this as one of the benefits of crypto money that you can not fake it.
Thats one of the best reasons why crypto money should be used.
Thats why i think crypto money is good, because i can not be cheated so wrong.

Jombrangs

sr. member

Activity: 630

Merit: 258

That is true! Because the cryptocurrency cannot be easily fake unless it was intentionally scam. In other countries there is a strict regulations that governs this and helps them to maintain the unity.

320hz

sr. member

Activity: 602

Merit: 250

I think that the crypto currency will always be in second place after the fiat money. The government always protects the money, so they will not die.

singularcrypto

newbie

Activity: 20

Merit: 0

Some people will agree with what you say. This is because digital currencies are difficult to fake, unlike fiat currencies. But the fact is, crypto is not used by everyone in every country. So it will be difficult to prevent the circulation of counterfeit currencies in this world.

Topic: Crypto money will kill fake money - page 3. (Read 1089 times)