I wish this can happen in future but our government will not allow it.
Seems like your concept is contrary to what you want to say. Yes, it could be possible for crypto to replace fiat currency. As long as it will become favorable with the cryptocurrency, but as of now the government seems to be unhappy with crypto. In addition, the continuously growing rate of scam projects become the obstacle to attain the goal of crypto. And it is the reason why many governments don't want to use cryptocurrency in their country. 
Topic: Crypto replacing fiat? - page 5. (Read 63502 times)
It is almost impossible fiat to be replaced with crypto. Once the governments see all the advantages that comes with the blockchain tech probably fiat will become crypto.
I think it can happen but sometime when it happened because in various parts of the world fiat money is still being used ... moreover about people who are unfamiliar about crypto they will find it difficult to accept the need for an approach to all groupsIt is almost impossible fiat to be replaced with crypto. Once the governments see all the advantages that comes with the blockchain tech probably fiat will become crypto.
I think it can happen but sometime when it happened because in various parts of the world fiat money is still being used ... moreover about people who are unfamiliar about crypto they will find it difficult to accept the need for an approach to all groups
It is almost impossible fiat to be replaced with crypto. Once the governments see all the advantages that comes with the blockchain tech probably fiat will become crypto.
I think it can happen but sometime when it happened because in various parts of the world fiat money is still being used ... moreover about people who are unfamiliar about crypto they will find it difficult to accept the need for an approach to all groups 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.
I agree with the opinion you convey and in my opinion the government will later adopt an economic system that is used for crypto currencies and may be used to make fiat currencies develop along with technological developmentsbecause it is the tool we use for the current exchange, bitcoin is more suitable for the investment tool.
This may not happen soon not even in the next 50years because of villages and some community that have limited access to education and technology. Both can work side by side, total replacement is still a long walk to hold.
and again crypto does not have a stable price for a long time, even it is unthinkable if crypto is able to have a stable price in the future, there is still much that must be developed in crypto if there is a future prospect to replace fiat, but i'm sure it doesn't will happen
It is almost impossible fiat to be replaced with crypto. Once the governments see all the advantages that comes with the blockchain tech probably fiat will become crypto.
Do you mean the will replace fiat currency and come up with a centralized currency, that is a real possibility in the next 50 years but never think about that revolution to take place anytime now, majority of the government are trying to make things digitally to have a complete control over their citizens and if they come up with a centralized crypto the government will have the upper hand to monitor every transaction, but i do not think it will be a realistic thought process. 
This may not happen soon not even in the next 50years because of villages and some community that have limited access to education and technology. Both can work side by side, total replacement is still a long walk to hold.
and again crypto does not have a stable price for a long time, even it is unthinkable if crypto is able to have a stable price in the future, there is still much that must be developed in crypto if there is a future prospect to replace fiat, but i'm sure it doesn't will happen
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.
I agree with the opinion you convey and in my opinion the government will later adopt an economic system that is used for crypto currencies and may be used to make fiat currencies develop along with technological developments because it is the tool we use for the current exchange, bitcoin is more suitable for the investment tool.
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.
for now it is impossible that this will happen because the development of crypto currencies has not been fully accepted by all countries and my belief that the development of crypto currencies will be rapid and later it will not even be possible to replace fiat currencies and none of them can know for sure because it is the tool we use for the current exchange, bitcoin is more suitable for the investment tool.
Cryptocurrency replacing the fiat might happen but when this is gonna happen is truly very far from the present. There is more and more acceptance and adoption as well people were getting much attached and willing to be the part of the cryptocurrency user community. This I found in a video where random people were asked whether they take cash or cryptocurrency if offered. Majority has chosen cryptocurrency and even the people who haven't known about show interest on trying it.
Source : YouTube, Link : https://youtu.be/exRCX38tHks
Source : YouTube, Link : https://youtu.be/exRCX38tHks
This may not happen soon not even in the next 50years because of villages and some community that have limited access to education and technology. Both can work side by side, total replacement is still a long walk to hold.
I think this could be changed but for now it is very difficult to achieve it, if crypto replaces fiat, of course there will be many negative and positive impacts, such as payment transactions will be fast, and the shortcomings as well as when the transaction is disrupted will disrupt the process
I guess that a few people use crypto instead of fiat even now. Nevertheless, if we speak about the whole society, it is not possible that virtual money could ever replace traditional currencies. People need fiat more.
Right, the government has been controlling the financial system of this world, fiat is the most popular now and even if bitcoin is gaining popularity, fiat will still be widely use by the people, and that's because of the trust since it's the government that created the money.
Bitcoin on the other hand is decentralized, we cannot force people to use to as it's not also regulated and this should not be in full regulation since it's purpose is just a payment system which is an alternative of fiat.
I think this could be changed but for now it is very difficult to achieve it, if crypto replaces fiat, of course there will be many negative and positive impacts, such as payment transactions will be fast, and the shortcomings as well as when the transaction is disrupted will disrupt the process
I guess that a few people use crypto instead of fiat even now. Nevertheless, if we speak about the whole society, it is not possible that virtual money could ever replace traditional currencies. People need fiat more.
Right, the government has been controlling the financial system of this world, fiat is the most popular now and even if bitcoin is gaining popularity, fiat will still be widely use by the people, and that's because of the trust since it's the government that created the money.
Bitcoin on the other hand is decentralized, we cannot force people to use to as it's not also regulated and this should not be in full regulation since it's purpose is just a payment system which is an alternative of fiat.
I love digital currency to use and hold. I know Bitcoin will be the one currency in one world. But Fiat will have existed. I won't say that Fiat won't exist. There is no doubt one day Bitcoin will be more popular than Fiat and it's already happening day by day.
It is believed that digital money is very easy to store and can be used more quickly even for transactions. but we know that there may still be many countries that are not familiar and recognize as legitimate transactions. so it still takes time if digital money will be able to replace fiat.mostly the connection between cryptocurrency and the normal currency is not happen
it does happen now . Crypto and fiats have a connection because cryptos are measured in fiats and will also be converted by fiats . People also uses a fiat to buy or cash in cryptocurencies on their accounts . the possibility of beat and the normal currency from the development of cryptocurrency is not available in any situation and moreover the people in this world more trusted the normal currency only.
Not all people trust normal currency because some people think that the governements and banks are only benefiting the most when they used fiats . This why satoshi had a vision to create the first crypto called bitcoin because he wanted to have a currency that is decentralized . In the future there is always a possibility of cryptos to replace fiat because the technology and the world is also evolving . I think this could be changed but for now it is very difficult to achieve it, if crypto replaces fiat, of course there will be many negative and positive impacts, such as payment transactions will be fast, and the shortcomings as well as when the transaction is disrupted will disrupt the process
if fluctuations don't end with stability that has good fundamental character, this will end with a weakened economy and many impulsive problems that cannot be resolved quickly.I guess that a few people use crypto instead of fiat even now. Nevertheless, if we speak about the whole society, it is not possible that virtual money could ever replace traditional currencies. People need fiat more.
In relation to virtual currencies (fiat), this has begun to become familiar and has even begun to be structured from the banking channel and third-party application developers. Crypto will be popular afterwards because it is connected with people who are familiar with online transactions who are finally interested in trying it out. I think this could be changed but for now it is very difficult to achieve it, if crypto replaces fiat, of course there will be many negative and positive impacts, such as payment transactions will be fast, and the shortcomings as well as when the transaction is disrupted will disrupt the process
I guess that a few people use crypto instead of fiat even now. Nevertheless, if we speak about the whole society, it is not possible that virtual money could ever replace traditional currencies. People need fiat more.
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.
mostly the connection between cryptocurrency and the normal currency is not happen in anytime so it will not been crossing in any line so the possibility of beat and the normal currency from the development of cryptocurrency is not available in any situation and moreover the people in this world more trusted the normal currency only. 
It is almost impossible fiat to be replaced with crypto. Once the governments see all the advantages that comes with the blockchain tech probably fiat will become crypto.
Jump to: