Topic: Crypto money will kill fake money - page 6. (Read 1073 times)
I really hope so, but we could still have backed the value of them coins, that is the real problem I think... We shouldn't just print money on every corner.
I also hope that bitcoin or altcoin will be able to completely kill the counterfeit money. But it is difficult to apply technology to everyone or the whole world. Fiat money has a long history, and it is impossible to replace it.
Yes, In future Crypto money may be able to kill fake money, But in this concern, crypto money is still not accepted by many countries and people still do not have enough knowledge about how to utilize it. As soon as it becomes acceptable to more people it may reduce the amount of cash as well as fake 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.
What do you mean by fake money? It is printed every day, it is supported by governments so it is not fake money, crypto on the other hand is not supported as currency and it can't be called money. 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.
Probably somewhere in the future crypto will be recognized as money but I think we are still far away from that.
I hope crypto can decrease fake money because it’s not need to be on hand it’s contain on online. And now- a-days fake money is one of the common problem in the world so I hope crypto will decrease fake money in future.
I think there will be a time when we get all the convenience just by paying through the crypto currency. but we must pay attention to the currency of our country, it is more important because not everyone will use crypto as payment
No space is really secured, crypto space is full of scam while fiat money is full of counterfeit, so no one is 100% secured, so the both of them will exist and complement each, cash is need to get in money into crypto space and crypto is need to get cash out of crypto.
Yeah, it can kill fake money. But fake money is not the only problem that we are facing. Crypto helps us solve a problem, but it creates another problem for us. Have you thought of laundering money with crypto?
Bitcoin currently cannot kill real money because him price is too unstable. Second aspect are people which do not trust cryptocurrency, we will be must work long time to convince people to coins, so it will be not happen fast
This is a big difference between bitcoin and fiat. bitcoin can prevent the production of counterfeit money series, this is what fiat can not do. But bitcoin will not be able to kill or replace fiat in the near future. fiat is still important, still the main cash flow in life
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 same, goverment keep making new money and they never told how much money to the people, the more money they make the more valueless the money is. I think the credibility bitcoin is the things that could help us in future in financial. Yeah we dont need to bring money anymore cause we got a phone, i believe everything will be digital soon. 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.
Well actually you make a good point, since i never heard about something like fake bitcoin until now. I bet it doesn't exist? It may be one of bitcoin advantages than real money.
And yeah right, now in this modern era i feel like we have everything in our hand. Using our phone, we can literally do everything. Ordering food, paying bills, ordering online transportation, communicate, buy something and others. But still, we still use real money rather than bitcoin in our daily life, and i think actually credit card can prevent fake money as well. But for me, i still prefer to use real money rather than crypto currency. Maybe that's because i'm not familiar enough with that.
And yeah right, now in this modern era i feel like we have everything in our hand. Using our phone, we can literally do everything. Ordering food, paying bills, ordering online transportation, communicate, buy something and others. But still, we still use real money rather than bitcoin in our daily life, and i think actually credit card can prevent fake money as well. But for me, i still prefer to use real money rather than crypto currency. Maybe that's because i'm not familiar enough with that.
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.
Can you sight an examples of fake moneys? Because I cant see that fiat will be at behind of bitcoin,bitcoin can be used as secondary financial trabsaction and I cant see your reason for credit cards and crypto industry to lead the market.
I don't agree with that, I don't think that will happen because crypto is very different and can only be an alternative for some, not all
Killing is a little heavy. I think classical money goes up as long as Bitcoin rises. It will take years to be fully accepted.
IMO, it's completely different things because bitcoin consider as legal currency meanwhile bitcoin just "investment" currency so it can act as investment also like currency , it's speciality is different than others.
Bitcoin also can't be fake so you should worry less but since it's internet money, make sure that you've updated your security into newest version !
Bitcoin also can't be fake so you should worry less but since it's internet money, make sure that you've updated your security into newest version !
No, crypto won't kill fake money created by banks. The rich and powerful people won't change their habits. Cryptos can also be seen as fake money.
Cryptos can help banks to protect against counterfeit money if they use the blockchain for sending/receiving money electronically. But i don't see them replacing their money with existing cryptos.
Cryptos can help banks to protect against counterfeit money if they use the blockchain for sending/receiving money electronically. But i don't see them replacing their money with existing cryptos.
bitcoin can't kill every but it will reduced the rate of canterfeilt, secondly it's risky installing everything in our phone because we can misplace the phone and everything will get off so that is why we physical to solve most of the important cases around. the only challenge bitcoin (cryptocurrencies) is stable power.
It will take long time to achieve this, but yes, I think this too. Of course that governments of the countries will fight against crypto, because they don't have a full control over it, but people will trust more and more crypto and not fiat money.
We always seeing bitcoin and other cryptocurrency as a substitute to real money someday. Sooner or later, recognizing bitcoin as fiat money all over the world will happen as soon as the government have concrete regulation with BTC and with those altcoins. This may take a couple of years but it will definitely solve the problem of fake money because cryptocurrency are encrypted to a blockchain. All are recorded and nothing to hide with the public.
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