Topic: Crypto money will kill fake money - page 4. (Read 1067 times)
Credit cards have been able to prevent this to a large extent, however, there's also a part of people who can't really use the credit card from their day to day life. And as far as cryptocurrency is concerned, it's a bridge between the digital system and the traditional system, it's not been created to replace the central currency of the world, that is the purpose of cryptocurrency is different. For the fake money issue, I hope the world will recover from this situation soon.
Fake money will be there as long as fiat money is in use. Bitcoin will only kill fake money if it kills fiat which for me will not happen.
This will just happen when in the long run there is mass appropriation which is still far. Bear in mind that the unpredictability as found in the crypto space will also not get this going. Btc will continue picking up its grounds yet not to assume control fiat cash totally.
I agree with this. I have heard about this possibility and think that this is a good idea. I think that it is possible and I can say that such opportunity makes me happy as I am against fakes
This is really possible that crypto will kill fake money because people are thinking to get earn in a good and clean money just like cryptocurrency. Get earning with fake money is an illegal doings and no good benefits to our economy growth. So its better to invest in cryptocurrency and as much as possible dont get attracted to fake and easy money at all.
no system is infallible and cryptos also have a lot of bugs, you may not be able to fake them for now, but they can be hacked and lost easily if the user is not careful, I don't think BTC will replace fiat at any time soon, what I think is going to happen is a union to have the best of both, in the end I don't think bitcoin is intended to replace fiat,Is just here to streamline and improve processes already established
Well, you're optimistic... or pessimistic, hmm. What a difficult moment. But such an outcome would be utopian for crypto enthusiasts.
So that you do not have in mind about what and how correctly applies to crypto-currencies, I think that all the same fiat money for me is already the second grade, which will very soon disappear. I believe that the crypto-currencies have the full right to use instead of fiat money 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 also agree that it is better to use cryptocurrency than Fiat. But cryptocurrencies have a lot of problems.And the main one is a strong volatility and lack of regulation.When it decides to-then you can return to this subject.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's no point in using cryptocurrency for the daily purchases. I don't know people who use them in this way. The tight symbiosis of Fiat and cryptocurrency or debit cards for USD together with BTC and ETH are more possible. That's what makes cryptocurrency the global means of payment
I agree with this. I have heard about this possibility and think that this is a good idea. I think that it is possible and I can say that such opportunity makes me happy as I am against fakes
Well, you're optimistic... or pessimistic, hmm. What a difficult moment. But such an outcome would be utopian for crypto enthusiasts.
Yeah, this is the real world, Nowadays, fiat money, printed money, and other types of money have their own regulation. They should be brought in their wallet and use the credit card or debit for transaction and many others cards. However here, the presence of bitcoin and other cryptocurrency is actually a new way to ease the transaction. However, not all fields can accept this position because many people and regulations are still not accepted the crypto.
To bring out the money for money is simply not given to bankers, but they can go along with the crypto currency. But in general, I think they will make a uniform standard of payments for the whole world.
I don't think crypto can replace the role of real money in everyday life. if that happens surely the economic system will be chaotic. So the crypto role here is only a bridge between real money and digital money.
It is possible but not a easy task . Crypto can do it with hard and honest efforts .At present crypto world also faces many problems due to scam project,hackers and dubious practices in the management.I wish it will improve in future and we can do all transaction with phone through Bitcoin.
Crypto-currencies have a number of advantages that can be much more attractive for economies of different countries that want to improve the situation with corruption because it is obvious that many will do so.
I think that Bitcoin will not soon be able to replace the fiat currencies. So far very few people use cryptocurrencies. Many people consider cryptocurrencies to be very risky and speculative.
Credit card today is not that unusual. There are ways to pay by mobile phone, fingerprints and even face.
But all these technologies are quite complex and expensive, a credit card is the best choice.
- Cheap
- Conveniently
- Easy to use
In order to use crypto currency to pay for coffee in the cafe, the infrastructure is not yet sufficiently developed.
But all these technologies are quite complex and expensive, a credit card is the best choice.
- Cheap
- Conveniently
- Easy to use
In order to use crypto currency to pay for coffee in the cafe, the infrastructure is not yet sufficiently developed.
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.
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.
Not sure if Bitcoin will kill Cards and other stuff . But i think people is not ready to pay with Phones . I know alot of people that preffer cards or FIAT money instead of paying with like ApplePay or any other app . I know even people who dont know how to use internet . Maybe after 10-20 Years people will use phones to pay for items , but for now its too early for that . Like 15 years ago with phone you could only play some games like Snake and surf the web with GPRS lol . And today i notice that people start to pay in shops with Phones , not alot of them ofcourse , but there is . Thats why i think it will take some time to adopt new ways of paying .
nope were still far from there, right now fiat domination is still quite strong. it's true that right now we got e-money everywhere but e-money still using fiat for payment
Crypto ought to illuminate numerous issues first with itself before tackling issues with Fiat. The Crypto showcase isn't appropriately managed also, causing a ton of issue, and there is trust issue for some financial specialists who would prefer not to contact it until the point when more directions enter the market to shield ventures from tricksters.
A credit card, or a wallet with small amounts of fiat currency can be safer in some sense. You can establish a maximum expenditure amount for your credit card so that all your savings won't be stolen, you can also block it right away when noticed the stealage. On Bitcoin wallets, on the other hand, people usually store lots of money and have a bad habit to store all of their passwords (including private key) on phone, so in case your phone was stolen the consequences might be catastrophic. I wouldn't say that fake money is a big problem nowadays, because counterfeit money detectors are everywhere. As for inflation issue - Bitcoin can deal with it, but lots of other cryptocurrencies are programmed to be in an unlimited supply, so new coins can be created as easily, as money printing.
Jump to: