Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.
Yes, you are right to say that everyone can see that this wallet is a certain amount. The only disadvantage of the whole crypto history, if it becomes centralized, i.e. everyone will see that this wallet is assigned to your name 
Topic: Crypto replacing fiat? - page 35. (Read 63527 times)
it takes a long time if crypto replaces fiat currency or local currency, the government must first legalize crytpo currency, only then can it compete with fiat currency
For me, no replacing to each other because it is defferent forms, althrough it is the same money but the crypto is a digital currency. I think crypto and fiat will the same alive forever, no competation to each other.
If the above leadership is really going to happen, it must be concluded that a government will be accepted to take control of their great economy in the lives of cryptos and there is no way that we can predict a time when all the nations Using a crypto is stored in a fiat currency.
it takes a long time if crypto replaces fiat currency or local currency, the government must first legalize crytpo currency, only then can it compete with fiat currency
For me, no replacing to each other because it is defferent forms, althrough it is the same money but the crypto is a digital currency. I think crypto and fiat will the same alive forever, no competation to each other.
it takes a long time if crypto replaces fiat currency or local currency, the government must first legalize crytpo currency, only then can it compete with fiat currency
I think, crypto cannot replace a flat because the official currency is more needed to make payments, not everyone knows about crypto so we still have to exchange the crypto we have into the flat to be able to buy something
I think the government has made regulations for digital currency in the future when it starts to be used as a payment instrument so that as a population, they cannot use it arbitrarily and surely their lives will be more organized in the future.After obeying the regulations that have been set by the government as well as possible.
y
may not replace fiat, but there will be a method of payment using crypto. because we know not all around the world who know about crypto. perhaps in developed and developing countries may happen but fiat is not possible to replace.
Yes it cannot replace fiat cause not all people knew about in cryptocurrency but you can use your crypto in online payments . Bitcoin is continues develop and become more progressive but it never replace fiat. Personally, I will never see this happen. Crypto will exist but fiat will exist as well. They will co-exist because they have different features.
We both need fiat and crypto. In my opinion, we can reap the benefits of both crypto and fiat so why any of the two should disappear?
I too, believe in what you have believe fellow. It is true that crypto currency will not replace fiat. We feel more secure if the cash is in our hands or if things are tangible as compared to intangible. We both need fiat and crypto. In my opinion, we can reap the benefits of both crypto and fiat so why any of the two should disappear?
it seems that it will not happen because the circulation of cryptocurrency is very different and it will be very difficult to be able to replace Fiat because not many people can know about the benefits of cryptocurrency usage.
Not many people know about the benefits of cryptocurrency usage the present but many will know in the future. I think that is not the main reason, if society has evolved to a stage, what will be will be.Crypto cannot be used in traditional markets and even crypto cannot be used in the purchase of cheap items such as candy. If you buy candy for the 5cent price and a transfer fee of 25cent, it is a great loss to buy a candy using crypto. Fiat will still be used as a payment tool and crypto is only used in-store payments that accept crypto
Definitely yes. More than half the population of the plant never heard about the cell phones and smartphones, and they will probably never use the cryptocurrency. Fiat will never die.
This is a possibility in the near future. Although it would be very hard to completely abolish fiat money as there are many places that don't have access to internet and signals.
There are just too many things in this world that can’t be done without fiat, and there are influencers who won’t allow crypto to replace fiat because they need it.
i think it can happen,because we cannot really say what will happen into the next years we can just predict them but not really to know. There are a lot of things that can happen so lets just watch them fall into places and lets dont rush things.
Although some goverment or company in the world do not approve the Crypto but in think in the near future, it will be accepted and replace the role of fiat in the economy or banking.
I do not think,but if it happens In the event that cryptocurrencies all-out replace fiat, new infrastructures and systems would need to be developed quickly to help the globe transition as smoothly as possible. 
I think not, fiat money will never be replaced by bitcoin.
because it is the tool we use for the current exchange, bitcoin is more suitable for the investment tool.
because it is the tool we use for the current exchange, bitcoin is more suitable for the investment tool.
Fiat is also suitable for investment. Both fiat and crypto currency has the same characteristics. It is just that fiat is what people around the world uses and that makes it more suitable. But if the time comes that people will start using crypto currency in doing daily transactions, it can probably replace fiat.
Although some goverment or company in the world do not approve the Crypto but in think in the near future, it will be accepted and replace the role of fiat in the economy or banking.
I think, Crypto will not replace flat because every country has their own currency and will definitely use it because it is safer than cypto which has a high risk and is not safe
it seems that it will not happen because the circulation of cryptocurrency is very different and it will be very difficult to be able to replace Fiat because not many people can know about the benefits of cryptocurrency usage.
Not many people know about the benefits of cryptocurrency usage the present but many will know in the future. I think that is not the main reason, if society has evolved to a stage, what will be will be. I think not, fiat money will never be replaced by bitcoin.
because it is the tool we use for the current exchange, bitcoin is more suitable for the investment tool.
yeah bitcoin is more suitable for the investment tool or the system of blockchain which bitcoin was using will be useful to eradicate corruption in your business or company especially if you are not there and you will just task an employee to handle payment transactions. because it is the tool we use for the current exchange, bitcoin is more suitable for the investment tool.
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