Crypto VS national currency - page 18.

fidelium1

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Quote from: stryker on May 05, 2018, 04:01:50 PM

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 is very possible that cryptocurrency will one day replace fiat currency, take a look at countries like Venezuela and Bolivia, Cryptocurrency is so much in use that some traders prefers payment in crypto over their fiat currency. Certainly, the world will come to accept cryptocurrency, but ehat i don't know is when.

MISERICORDAE PROJECT

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ONNI COIN! The New Paradigm!

Quote from: stryker on May 05, 2018, 04:01:50 PM

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.

Probably...

twistedvape

newbie

Activity: 16

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I think this is not possible, because not everyone can use the advantages of the internet, and even if bitcoin is the currency of the country, the bitcoin value is always changing and uncertain, unless the bitcoin value has been fixed.

Akash55

member

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I think that will be great.Cryptocurrency has a potential to make that possible one-day.Within few year everyone will be using cryptocurrency as their primary currency

Peashooter

sr. member

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Quote from: stryker on May 05, 2018, 04:01:50 PM

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 is a great idea to think about this because we all hope in the future that cryptocurrency will be used more and as common as fiat today. The world is changing and continually advancing to meet the demand in the society. Cryptocurrencies are helpful innovations to sustain this growing demand so our economy will be more efficient in monetary system.

dbutp

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Streamity Decentralized cryptocurrency exchange

Crypto is digital money, it's value is always changing. Moreover, the government does not control the transactions and development of crypto. So, crypto can not replace the national currency.

Shiversnow

full member

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Quote from: sate_padang on May 05, 2018, 08:08:06 PM

I think that's impossible, because we know that not every place in the world can be reached by the internet and not all understand about bitcoin currencies, and all have their own use in the real world and the Internet world.

Yes, it's very impossible because not all places in the world can be reached by the internet especially in rural areas and some of them they don't know how to use a gadget or lack of knowledge in the new technology of cryptocurrency, and I think its hard for them to use bitcoin currency as the national currency.

DJ_Rick

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I think that in the future, maybe, in 2020 for example, btc will become our main currency and all governments will understand that it has many pros. in our era of new technologies, it is high time to change our system

yansen

full member

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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.

Tylev

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Quote from: stryker on May 05, 2018, 04:01:50 PM

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.

This was said emotionally, during a period of general euphoria about the introduction of crypto currency. I do not think that already now who has written this is still looking with the same enthusiasm for modeling this situation in the future. As for the crypto currency, we gradually begin to sink to the ground and see that the situation is not so colorful as it seemed to us before.

Nick Abimanyu

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Activity: 406

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Quote from: stryker on May 05, 2018, 04:01:50 PM

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.

In addition to take a long time the presence of bitcoin is quite contradictory to special government regulation in many countries making it difficult for bitcoin to be accepted as a global currency.
In addition to its fluctuating value, bitcoin is 'considered' as the main trigger against the collapse of one's economy over the actions of hackers who at times come threatening.

iambakov

member

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Merit: 10

I think that to replace the national currency will not be possible because the national money is the currency of a country. It may be difficult to replace the fiat currency in the eyes of the people.

Larva14

sr. member

Activity: 518

Merit: 250

Quote from: stryker on May 05, 2018, 04:01:50 PM

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.

This is an interesting thought and I believe it will take years to happen but it will be great considering that cryptocurrency is getting more and more popular among the public especially in the countries with advanced technology like South Korea. Hopefully, cryptos will stay and I am still alive when its vision came to existence. I want to see it myself how cryptocurrency will change our society.

towi078

jr. member

Activity: 470

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I think it will be difficult to replace the national currency, because it is one of the identity of a country. But to walk side by side, I think that's possible

Kola

member

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Merit: 21

Yes, for me, i dont believe in fiat anymore, since i lost alot of my money when we had a crysis in my country, i believe more in crypto currency at the moment, so i try to invest into this shit, and have some fiat just for food and taxes.

Wittycoin

full member

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Of course when it comes to using currency on day to day basis, national currency is more usable than crypto, but if you say an asset to earn profit cryptocurrency is better than national currency. So, each of them has it`s own function and advantage.

geeboy88

newbie

Activity: 126

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Cryptos are now generally acceptable but I do not feel they will replace national currencies as this will be the acceptable way of exchange from their currency to cryptos

crypto.kaka

newbie

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bitcoin won't have the capacity to supplant the national cash, in light of the fact that the national money is still to be utilized, as an arrangement of trades for every nation, in this manner we can evaluate how solid the economy is in the nation .. for all the scoring, each nation has a digital money that is situated to bitcoin

Chrystora123

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Omicron is another FUD

Quote from: stryker on May 05, 2018, 04:01:50 PM

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.

until now I still can not predict whether the national currency we are using will be replaced by cryptocurrency...I'm sure sometime ahead when the cryptocurrency has made a world of excitement, the regulation on cryptocurrency will be given, and I'm sure that regulation is not about being allowed as a legitimate currency, but only as a form of investment...

DimensionsOfHell

full member

Activity: 346

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I think that after a lot of reasoning and analysis, the experts will recognize the crypto currency as a substitute not only for the national currency, but also for the dollar as well. the more that everything goes to this.

Topic: Crypto VS national currency - page 18. (Read 3027 times)