Topic: Crypto VS national currency - page 16. (Read 3027 times)
No cryptocurrency can replace national currency. Even bitcoin cannot replace any national currency. Why? The prices of these cryptocurrencies are determined based on this national currency. What would be the value of bitcoin if not made as an equivalence of the USD? It is these national currencies that gives bitcoin and other currencies their value. I see Crytocurrencies as an asset that we buy with national currencies and so its hell impossible to replace fiat. Bitcoin will live for a long time but only with national currencies.
I found this expression on the news channel about the crypto currency: "Anyone who will try to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
I think they can because a lot of people wanted a tax free life especially those who are paying a lot of taxes we all know that the cryptocurrency especially bitcoins is a decentralized thing so no taxes at all. Hut the main thing that I see can be a barrier of the bitcoins defeating the cash is the volatility because not all people loves that especially when they are falling you dont want you money to go down wihtout doing anything.
I think bitcoin can not replace the national currency, because bitcoin has significant fluctuations in price up and down and not all countries have rules about bitcoin. But it is possible if bitcoin is recognized by the state as a tool to invest.
Don't see it happen in 2023. governments will not let Crypto beat national currencies in the near future IMO.
I think crypto currency will keep its place in the future, but crypto currency can not replace the national currency, because crypto currency is not affected by a country or a bank so it is very difficult to control.
I found this expression on the news channel about the crypto currency: "Anyone who will try to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
I also think that is possible but as like what you have said it will take some time. Crypto is becoming popular every each day and it is developing as well so it'll be no surprise if that's really happen. However, I don't think that it could replace fiat, maybe it become another mode of payment. how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
by 2023? Hmm .. A bold statement ... We can not look into the future, but it is quite possible that in 5 years the crypto currency will be used in everyday life. In principle, I will not be surprised, because now everything is developing very quickly. It is not known what will happen in 1 month ...))
oh coool
only a few countries have so far announced the creation of national crypto-currencies. It is noteworthy that many of them consider their own electronic coin as a means to solve financial and socio-economic problems.
I found this expression on the news channel about the crypto currency: "Anyone who will try to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
surely it is possible, cause the crypto is developing very fast. so 5 years ago it was just like some interesting stuff to try for some geeks, and now this is a serious industry with some huge money in it.. so based on this trend in 5 year it is possible that only crypto will be out there, no paper money..
we can not deny that cryptocurrency has become an investment alternative that have very good prospect in the future. But, to totally replacing the existing role of national currency i think it would be so very unlikely.
how is it possible for the crypto currency to replace fiat or national currency, while the ktipto currency has no regulations and rules for the government. fiat currency is accepted by the state because it can be seen, and has a definite regulation, its value is also unchanged .. unlike with bitcoin and altcoin which have high price fluctuation value.
This is due to the fact that the crypto currency has appeared relatively recently. For sure there will be countries that will accept this. Only time is required. I think Bitcoin cannot replace the national money.
National money is money which is regulated by state regulations and authorized by the head of state.
While Bitcoin is an intangible digital currency, it will be difficult to happen if Bitcoin replaces the national money.
I think it will take a very long time and get approval from all government agencies.
I think National money will be used anytime and Bitcoin will only be a currency interlude of national money.
National money is money which is regulated by state regulations and authorized by the head of state.
While Bitcoin is an intangible digital currency, it will be difficult to happen if Bitcoin replaces the national money.
I think it will take a very long time and get approval from all government agencies.
I think National money will be used anytime and Bitcoin will only be a currency interlude of national money.
To replace, its hard for cryptocurrency because many regulation ban bitcoin for payment. But maybe with development on technology, peoples can transaction with cryptocurrency with easily.
I am believe that government will issuing bitcoin regulation but it will take a long time because many lobbys blocking it
When a owner of many horses saw first car he laughed, he thought nothing can replace horses. Why technology is important, it makes life easier! So why the hassle with bills, with banks and institutions? Why to bother to stand in endless lines and wait for some paper!?
Old people, majority of them still do it, they can't learn nothing new, they don't wish to learn nothing new, but younger generation knows what is easier and better, that's why crypto will replace fiat, when will it happen is bih question, it can happen I'm next 10 years, I'm some countries for sure and before that time period, some countries will wait longer. There is no other way as I see it, one day all world will be crypto, who doesn't see it is blind and not enough aware of the global stage!
Old people, majority of them still do it, they can't learn nothing new, they don't wish to learn nothing new, but younger generation knows what is easier and better, that's why crypto will replace fiat, when will it happen is bih question, it can happen I'm next 10 years, I'm some countries for sure and before that time period, some countries will wait longer. There is no other way as I see it, one day all world will be crypto, who doesn't see it is blind and not enough aware of the global stage!
I found this expression on the news channel about the crypto currency: "Anyone who will try to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
It depends on some places, some different countries. If you are in a country that prohibits Crypto, you will be laughed at by the vendor. But in a more advanced country, payments will be successful.how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
I think in 2023, Cryptocurrency will still be unstable. Some reasons it is banned in some countries is that it is unstable, easily manipulated, and has a lot of fraud. To fix that is not easy, it will take a lot of time.
I found this expression on the news channel about the crypto currency: "Anyone who will try to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
I think they can because a lot of people wanted a tax free life especially those who are paying a lot of taxes we all know that the cryptocurrency especially bitcoins is a decentralized thing so no taxes at all. Hut the main thing that I see can be a barrier of the bitcoins defeating the cash is the volatility because not all people loves that especially when they are falling you dont want you money to go down wihtout doing anything.
How sure are you that cryptos can replace the traditional currency?. No one will ever replace the traditional currency because we need it in daily basis of our lives, and also why would you hate taxes?, it seems like you really dont know what taxes are for, these tax are used to make roads , repair buildings and many more, you can see your taxes on a lot of things .Government's lifeblood is taxes so without it there will be no government and I think it is not what you want.
this is only a joke,
But in the future, Bitcoin may be full of our life.
Bitcoin transactions are supported in many places. This is what we want.
it may happen, but if to replace the national currency it will not happen, because it will not agree if their legal currency is replaced with bitcoin and other coins But in the future, Bitcoin may be full of our life.
Bitcoin transactions are supported in many places. This is what we want.
Due to a huge fluctuation in the price bitcoin will never be able to replace the national currency. Right now it is in struggling stage and fighting for it's legal status. Most of the countries have not given their acceptance to bitcoin they how it is possible that it will be national currency one day.
But this currency will not be under their control.They also cannot issue it, as a national currency,
I think no government can accept it.
I found this expression on the news channel about the crypto currency: "Anyone who will try to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
I think they can because a lot of people wanted a tax free life especially those who are paying a lot of taxes we all know that the cryptocurrency especially bitcoins is a decentralized thing so no taxes at all. Hut the main thing that I see can be a barrier of the bitcoins defeating the cash is the volatility because not all people loves that especially when they are falling you dont want you money to go down wihtout doing anything.
I found this expression on the news channel about the crypto currency: "Anyone who will try to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
Right, the paper money won't be used anymore if the digital money like cryptocurrency is used globally.
for now many peoples still pay in paper money if they want to buy something. Digital currency is not harming the environment like paper money do,
because tree logging. So, i am sure in the future time will tell.
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