Topic: Crypto money will kill fake money - page 7. (Read 1089 times)
I will not, I consider crypto only as an alternative to conventional currencies, and crypto must try hard to prove that they are worthy as an alternative payment system
I think as we all know that crypto money is a digital currency it’s an asset its work as a medium of digital exchange. I think it has the capability to kill the fake money that often create problem in our real life.
With the way the world is generally especially in so many countries, i dont really see crypto actually killing off fake money completely but it can actually be an alternative to reducing fake money.
Well, for now its a work in progress, but i dont really think crypto money can really kill fake money vecause for sure, its not everyone in the world that is elite enough to be able to use the internet not to talk of using cryptocurrency.
But its a work in progress.
But its a work in progress.
My God that a absurd! Bitcoin not will solve anything, while there is oil gas gold and other resources.
By a strong competition in the market, the weak coins will be killed by ignore ability by others in the market.
hello there mate! more countries will not approved bitcoin or cryptocurrencies because they cannot take something from unless they invest especially corrucp countries and also the poor countries with people who doesn't have an internet in their villages or community. but in the countries who can access to anything, it will impact a lot to their daily lives especially people who are living in the fast lane (iykwim). cheers!
You are right, every day a lot of money is being printed and using this opportunity, fraudsters are making fake money. I think credit card or wallet will keep it away from this opportunity. In my opinion, Bitcoin will do better in the future and protect it from fraud.
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.
It's an alternative but I don't think it's going to replace fiat anytime soon since that's what you're implying. Yes, it would be difficult for people to create fake bitcoin and use them to make payment since transaction won't go through. There are countries who are still dependent on cash for the most part in doing their everyday business.
I don't think so since it is not that simple to get rid of fake money. Cryptocurrencies are simply providing investors an alternate payment option and not replacing FIAT entirely which I believe will never happen since people will always depend on FIAT in some way or another due to its low volatility when compared to cryptocurrencies and other reasons. As long as corruption exists in our societies, fake money will continue to exist which is why people themselves need to change in order to get rid of fake money entirely which is a small possibility if you think about it.
I agree but what if the crypto will kill also your money? When you're passing your money to different address. Let's say there was an alteration of the address? What now? Big question right?
The whole world cannot accept the BTC because it is a higher technology and many countries specially the third world countries cannot afford it. So replacement of fiat money is quite impossible I think.
I think it's too early to conclude that Crypto money will kill fake money because many people involved in creating the fake and these people who has influence.
BTC can never replace fiat, it can be an alternative. I think it is just a bridge between fiat and digital currency
as long as we use fiat money, fake money will still exist. We can say bitcoin will kill fake money if it kills fiat money which in my opinion will not happen. Bitcoin and fiat will just exist together in the future.
Presently, the spread of fake money has increased greatly, especially in the markets of underdeveloped countries. I think by using crypto can not completely get rid of this situation, but it is possible to take some. Besides, virtual money never to be an alternative of paper 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.
Counterfeit money is everywhere and it is difficult to prevent its spread. It's better to use crypto more safely and simply. But it seems that Crypto cannot replace paper money. because Crypto is just a digital payment device, nothing more. 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 think like that future altcoin will replace credit cards and as such but there are weaknesses here, such as the difficulty of exchanging altcoins into banks and making altcoins as real-world currencies very difficult, maybe there must be some aspects that must be fix it to make altcoin an exchange rate that will replace credit cards and others
I don’t think fiat money can be replaced. It’s not that easy. And I also don’t think BTC can completely remove fake money. Because the cheaters always find a way and this is what they do.
What if your phone is out of charge and you need to buy something, just kidding though. Anyways crypto currency will eventually invade current fiat system but probably wont replace it for good.
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