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Topic: Crypto money will kill fake money - page 9. (Read 1073 times)

full member
Activity: 476
Merit: 100
August 08, 2018, 02:59:34 AM
#85
I think that fraud is possible also in crypto, some scam or fishing or anything else. In all this cases people should be attentive.
newbie
Activity: 77
Merit: 0
August 08, 2018, 02:54:33 AM
#84
It is true that cryptocurrencies have the potential to remove all the fake fiat currencies from the equation but there has been a lot of cases where cryptos have been scammed and stolen from people. That is why people are still hesitant for mass adopting cryptos.
member
Activity: 182
Merit: 10
August 08, 2018, 02:52:00 AM
#83
I think everything is possible. Grin Grin
The blockchain and cryptocurrency markets are gradually changing people's perceptions, and I look forward to replacing paper money in the future.
full member
Activity: 322
Merit: 102
August 08, 2018, 02:48:20 AM
#82
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 claim is highly ambitious. Too certain of what can be happened in the future about crypto money. Well, in this point of time, as much as we want to believe in crypto currency, having it as a use for many will not that be smooth for years from now. People are skeptic though many people have accepted this like you and me. The world has to have global modernization so everyone can indeed access the internet and use their phone for this transaction. For most countries that are still poor, this cannot be visible yet.
newbie
Activity: 168
Merit: 0
August 08, 2018, 02:42:21 AM
#81
This is possible, but only when cryptocurrency is used in our daily lives. starting when the printer can make money imitations. Now there is a lot to do with cryptocurrency before it can be used for payment in stores.
full member
Activity: 518
Merit: 100
August 08, 2018, 02:11:55 AM
#80
Cryptocurrency take out all of the guess work surrounding the true value of money been issue, spent. Bitcoin for example has limited supply and every transaction is immutable.
Jpt
jr. member
Activity: 374
Merit: 1
August 08, 2018, 02:05:17 AM
#79
My friend credit card is not available in every nook and cranny of the world. So people purchase essentials with cash. In my country, internet service covers only some part. So people here use cash to purchase things. And again I think it will take some years, maybe 20 years, for cryptocurrency to replace fiat money.
full member
Activity: 588
Merit: 104
August 08, 2018, 01:48:29 AM
#78
Crypto should solve  many issues first  with itself before solving issues with Fiat. The Crypto market is not properly regulated
and causing a lot of problem, and there is trust issue for  many investors who  do not want to touch it until more regulations enter the
market to protect investments from scammers.
hero member
Activity: 1456
Merit: 567
August 08, 2018, 12:27:19 AM
#77
At the moment, however, bitcoin is in its early stages, and it can't solve the problem.
Because bitcoin transfers are slow and I think very few people are willing to pay for a transaction.
Actually there are many altcoins that are faster and have cheaper transaction fees than bitcoin. But yes, cryptocurrencies are still young and arent being mass adopted yet.
However, its true that cryptocurrencies will kill fake money for sure. There is no way you will be able to fake bitcoin except you can hack it which is very very difficult.
newbie
Activity: 154
Merit: 0
August 08, 2018, 12:20:29 AM
#76
everything in life is indeed now depends very much with the telephone. With increasingly sophisticated technology that exists in the telephone. Even more applications that facilitate activity. Then good crypto or cash in the telephone can also be accessed with ease.
member
Activity: 224
Merit: 10
August 08, 2018, 12:14:20 AM
#75
At the moment, however, bitcoin is in its early stages, and it can't solve the problem.
Because bitcoin transfers are slow and I think very few people are willing to pay for a transaction.
hero member
Activity: 1904
Merit: 510
August 07, 2018, 11:56:04 PM
#74
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 dont agree, but what you say is what happens to fiat currencies. whatever your assumptions about fiat and bitcoin currencies will not change their future. because in fact until now we still need and use fiat currency for traditional transactions. and likewise with bitcoin comes into being a much needed alternative.
full member
Activity: 518
Merit: 108
August 07, 2018, 11:45:11 PM
#73
Crypto/Bitcoin was never invented to replace the fiat currencies rather the main reason behind it was to provide an alternative to fiat money minus the hassle of carrying it. However, with features like extra layer of security, transparency and lesser transaction fees it is getting more popular day by day.

And every day it will become even more popular and the price will get bigger, although many now and panic because of the price
jr. member
Activity: 251
Merit: 6
August 07, 2018, 11:40:02 PM
#72
Credit card can totally prevent fake money, Bitcoin can't kill anyone. What is your points? And why should we carry a wallet or credit card? You have the answer, to pay for goods, foods, drinks, everything.
full member
Activity: 616
Merit: 102
August 07, 2018, 11:35:47 PM
#71
Everything in our lives is now in our phones.
I agree, all that can be digitalize can be store to our phones. Our only problem is security.

Why should we carry a wallet or credit card?
I really do not understand that.
Because it's the best option for now. Just wait til the main adoption of cryptocurrency, I believed that wallet or credit cards will be obsolete.

millions of counterfeit money is printed every day
There's a lot of fake money in the world.
Can credit cards prevent this?
It's certain credit cards cannot prevent that.

Bitcoin will kill them.
I don't think bitcoin will kill them. But maybe all currencies in each country will be digitalize in the future to prevent counterfeit money or to have more tranparency in government side, etc.
sr. member
Activity: 504
Merit: 250
August 07, 2018, 11:05:59 PM
#70
slowly indeed crypto development cannot be avoided. Crypto will be widely accepted in society but are still waiting for the development of the technology as well. Crypto can be used of course if there are already sufficient facilities. When it has not yet fulfilled all things then it would be difficult to apply the crypto for life. the money will be the longest in shear because of course everyone wants things that are practical and safe. Crypto is the answer.
sr. member
Activity: 1002
Merit: 250
August 07, 2018, 10:34:22 PM
#69
No, it is not possible to kill the fake money by the crypto money. Crypto is not here to replace the traditional financial system. There are many people around the world who still uses fiat money to transact. And most importantly fraud people can never be eliminated; they will come up with their new techniques to cheat people.

we don't need wait to kill the fake money by the crypto coin. Actually, if all of us can use the credit card, PayPal to pay our daily payments, who can cheat us with fake money?
newbie
Activity: 383
Merit: 0
August 07, 2018, 10:29:45 PM
#68
Crypto/Bitcoin was never invented to replace the fiat currencies rather the main reason behind it was to provide an alternative to fiat money minus the hassle of carrying it. However, with features like extra layer of security, transparency and lesser transaction fees it is getting more popular day by day.
sr. member
Activity: 665
Merit: 250
August 07, 2018, 10:04:38 PM
#67
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.


maybe what you're saying is the advantages of practical cryptocurrency and can't be forged and I think that's what investors need in investing in the future
jr. member
Activity: 98
Merit: 1
August 07, 2018, 09:42:24 PM
#66
Crypto is definitely a upgrade to a feasible choice, through alignment and gradually adapting to digital currency from fiat currency. It was not made to diminish fiat, rather make a better change for the good of the people. Fiat, and Crypto can go hand in hand, without harming one another, the change is for a better developement, then kill or replacement. The unique features of Bitcoin/Crypto currency is what makes it popular, like mobility, transparency, security etc.
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