Topic: Crypto replacing fiat? - page 7. (Read 63502 times)
Because it was very very low because the people in this world using most of the time the normal money only want then the cryptocurrency but I don't know about the future to change the statement but still now the possibility of beating the normal currency using the cryptocurrency is not available.
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 what you convey with that all fiat currencies cannot replace paper currency directly. Problems of legality and introduction to society are very difficult and are likely to adopt an economic system used by the crypto currency itself because it is the tool we use for the current exchange, bitcoin is more suitable for the investment tool.
I think not, there will not be replaced fiat by crypto, even if people will want, there will still be used fiat money for the needs and some people still can't use cards to pay for food on some places, and is hard to implement crypto for all, some old people will still don't know how to use.
I look from the government side. of course they consider the heterogeneous society of the digital world. on the other hand, of course the decentralization system is still being debated. so I think fiat cannot be replaced by crypto
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.
Obviously I strongly believe that, crypto will not be able to replace fiat, because we know that there are still many countries that are not yet familiar and do not understand crypto, even some who are familiar with crypto, cannot fully accept as legitimate payments especially to be substituted fiat. still need time for this change.Well, we never know but at the status now, it's hard to believe we will be living that kind of set up in the future.
I won't complain of course, that happening will make me rich, but I'm thinking it's less likely to happen or almost impossible.
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.
Obviously I strongly believe that, crypto will not be able to replace fiat, because we know that there are still many countries that are not yet familiar and do not understand crypto, even some who are familiar with crypto, cannot fully accept as legitimate payments especially to be substituted fiat. still need time for this change. 
I believe that while cryptocurrency can not replace or oust Fiat. Because I do not see problems that they both existed. So that you can freely transfer from cryptocurrency to fimt and vice versa.
It is not possible as crypto needs the Internet connection which is not available for many people. Probably, something very unusual, ULTRA modern happens in the future, and the cryptocurrency can be used without it. Now, fiat rules.
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.
if it is happened that changes will be not comfortable for all the people that's why both the currencies are wanted and needed to be live a peaceful life for each and every person in this world if the cryptocurrencies only available in the future then that must be lots of difficulties to use the payments for everyone. There are so many possibilities in here if the cryptocurrency will remove or replaced FIAT currency there are some people that doesn't want to use it because they don't know. There are some good deeds it can provide like the faster transactions to any people who use it. But before that happen for sure it will gonna be world discuss.
I agree with that, cryptocurrency indeed a helpful thing for everyone at this moment, it cuts the extending boundaries between opportunities and people and it make any transaction less time consuming, and several projects are now offering less consuming effort which very beneficial to us like medical insurance by Afri Health that mainly focuses on giving medical solution through the help of blockchain technology. People should start seeing the benefits and positive side of cryptocurrency and a cashless way of making connections and transactions as well with other people.
I believe that while cryptocurrency can not replace or oust Fiat. Because I do not see problems that they both existed. So that you can freely transfer from cryptocurrency to fimt and vice versa.
Don't you really see the problem with fiat? There are a lot. Essentially Bitcoin is here not to replace fiat but it could happen in the future anyway. Many Bitcoin supporters want to replace fiat with Bitcoin, this is why questions like "Why fiat should be replaced by Bitcoin" or "Why is it better to use Bitcoin rather than fiat" are very popular among Bitcoin community. Bitcoin is used by few party as a tool to fight against government in order to replace centralized system. However, Bitcoin can always live together with fiat and no need to force it to be a main form of payment, let's just wait which will die first and which will survive.None of the world governments are going to allow the replacement of fiat with crypto-currency. In case they do that, the governments will lose control over their economies and they'll have to deal with issues such as capital flight. This scenario is possible only in some of the libertarian micronations and not in any of the UN member nations.
I think not, there will not be replaced fiat by crypto, even if people will want, there will still be used fiat money for the needs and some people still can't use cards to pay for food on some places, and is hard to implement crypto for all, some old people will still don't know how to use.
I look from the government side. of course they consider the heterogeneous society of the digital world. on the other hand, of course the decentralization system is still being debated. so I think fiat cannot be replaced by crypto 
in my opinion it is difficult to replace banknotes with crypto, because there will be many obstacles that will be encountered, for example for daily sale / purchase transactions in the community.
I think not, there will not be replaced fiat by crypto, even if people will want, there will still be used fiat money for the needs and some people still can't use cards to pay for food on some places, and is hard to implement crypto for all, some old people will still don't know how to use.
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.
without the Fiat money the future will not been going well because in this world all the people will not technically developed in their mind set so the normal currency will also useful for them to live peacefully but cryptocurrency is also needed for a technical economic development.
Crypto and fiat both have their own benefits and disadvantages when it comes to finances. Crypto is more contemporary and belongs to people who can read, write and understand how the Blockchain works in order not to make wrong transactions to wrong address because verified transactions are irreversible.
Fiat also has the full support of the governments and it is more familiar to the people because it does not require and special training in order to buy and sell with it. I believe both crypto and fiat must be allowed to coexist and compliment each other in order to provide a better financial life.
Fiat also has the full support of the governments and it is more familiar to the people because it does not require and special training in order to buy and sell with it. I believe both crypto and fiat must be allowed to coexist and compliment each other in order to provide a better financial life.
Cryptocurrency will not like the normal currency lots of differences are available between the normal currency and the cryptocurrency because it was not controlled by anyone but in Fiat currency it is totally different the government makes it for their economy only.
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.
without the Fiat money the future will not been going well because in this world all the people will not technically developed in their mind set so the normal currency will also useful for them to live peacefully but cryptocurrency is also needed for a technical economic development. 
I think it is possible. The fiat may be replaced by Stablecoin. In this case the fiat will be controlled by the government
I don't think that crypto will replace fiat because yes, however, bitcoin is bought with fiat apabilla doesn't have mining tools
and it is very dangerous if crypto replaces fiat in the world currency can make a big loss if the country cannot regulate inflation that will occur due to crypto unstable itself
I believe that while cryptocurrency can not replace or oust Fiat. Because I do not see problems that they both existed. So that you can freely transfer from cryptocurrency to fimt and vice versa.
Don't you really see the problem with fiat? There are a lot. Essentially Bitcoin is here not to replace fiat but it could happen in the future anyway. Many Bitcoin supporters want to replace fiat with Bitcoin, this is why questions like "Why fiat should be replaced by Bitcoin" or "Why is it better to use Bitcoin rather than fiat" are very popular among Bitcoin community. Bitcoin is used by few party as a tool to fight against government in order to replace centralized system. However, Bitcoin can always live together with fiat and no need to force it to be a main form of payment, let's just wait which will die first and which will survive.
I believe that while cryptocurrency can not replace or oust Fiat. Because I do not see problems that they both existed. So that you can freely transfer from cryptocurrency to fimt and vice versa.
i don't see much of a problem that would be if crypto replaces fiat entirely and the manner in which you are also saying that someone might force you to send your cryptocurrencies is also not realistic. Remember cryptocurrencies are based on anonymity and therefore who knows who owns this wallet address unless the use reveals his identity himself/herself. This world can fully exist with cryptocurrency transaction but we need people to really understand how transactions are done in cryptocurrencies. This is one of the most important factors which needs to be accomplished.
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