Crypto VS national currency - page 2.

giaoduc24h

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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 my opinion, national currency is a material that follows with the every livelihoods of a country. But cryptocurrency is a multimedia that is only can control by those who actually knows its value. National currency can be controlled by the bank or government but they cannot control cryptocurrency.

Toraokun

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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.

I do believe someday in future bitcoin will change national currency, like you said before, it will change but it will need more time than they thought maybe 10 year later or maybe more but i do not think all nation will apply bitcoin for their currency, because for now there are still banned cryptocurrency.

aleksnutis

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If I have the opportunity to use cryptocurrency instead of the national currency, I will do it with great pleasure. I don't know how in other countries, but in Russia we cann't manage money on the card as we want. At any time, the tax service can request data in the bank and we will have to prove the arrival of money on the card. The bank can cancel any transfer of money. This is not freedom!

Drusillae

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Cryptocurrencies are increasingly getting popular and adaoeted by people all over the world. Truly and really if the digital currencies can replace fiat, it would have been a great revolution for the world. I'm hopeful that will become a reality soon for the work to experience the advantages of Cryptos

Malintha1996

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In about 15 years it would happen but I doubt fiat currency is going to be replaced by crypto currency in forth coming years.But the bright side is people have evolved in terms of technology, food, healthcare, communication so on. So whether anyone does like or not it is obvious that someday fiat money will be replaced. On that day the said incident would happen. For an example think of a person who is using a mobile which was built in 90's which is obviously not smart. The ones who are using this tiny smart glowing phones will laugh at the person who is using a phone in size of a brick.Therefore it is predictable that people would evolve in the currency that they use.

seopro1001

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As my opinoion, bitcoin and other cryptocurrencies will exist together with traditional currencies. It is difficult to bitcoin or cryptocurrencies replace of traditional currencies. Because each country has currency and they will do the best to keep the value of their currency. The goverments can agree to use cryptocurrency but I think they don't want to change their currency to cryptocurrency.

Ale88

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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.

Can a crypto currency replace national money? Yes, why not? But I highly doubt that someone will laugh at you in 2023, it would be too early, I would say maybe 2030, that would be more realistic to me.

Papaczed

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Quote from: Bes19 on May 06, 2018, 02:37:38 AM

Bitcoin or cryptocurrency should not be compared to national currency. National currency is still the original and bitcoin can not beat it. There is a huge difference. Bitcoin is decentralized while national currency is monetize by the government.

Some people preferred the use of both cryptocurrency and national currency in terms of their transactions while, others prefers to use the national currency alone. I don’t think cryptocurrency would be able to totally replace fiat money.

makutu

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You can not compare the two currencies, the national currency will not be able to replace electronic money currency. They have on their respective paths. Crypto money in use requires internet while the national currency is not, no electronic money is physical while the national currency has a physical.

evgeshti

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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.

I'm sure that the crypto currency will replace real money, the question is only in time. The only thing that I do not quite agree is that the national money will disappear completely, as it seems to me, they just turn into a crypto currency))

Pancheng

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Freedom is still and will exist in the world so if people decided to use their national currency despite that everyone is using crypto is an option, if they don't have law that forbid the use of it then people are free to use as well, nothing wrong with it. Laughing at people is like discrimination too.

olgafox0404

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Recently, a survey was conducted among ordinary US citizens. It turned out that according to the degree of preference, banknotes lose to debit cards by only 6 percent.
In the polls that took place in May and June, 1 thousand Americans participated. Of these, 27 percent preferred cash. The most popular debit cards - 33%. The situation with virtual currencies is quite good. They satisfy 15 percent of respondents.
For the time being, there are means of payment in circulation that are irretrievably obsolete. They are to taste only 3 percent of respondents. These include checks.
Similar studies have been conducted in Asian countries. And here it was confirmed that paper money is still the leading way of making settlements.

mejalipat

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I think bitcoin is not possible to replace the national currency because bitcoin is just a digital currency that can only be used using internet online while we still need real currency that can be used for direct payment

anhhung409

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I do not think so. Maybe in a few years the crypto will grow tremendously but I believe that cash will still be used by the ease and popularity. On the other hand, perhaps they will be surprised when you use crypto to pay

nazarovv

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cryptocurrency has to be regulated first before it can be used as currency. it needs to be stable first and not increase or decrease value all of a sudden

fritzvillarin

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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.

I don't think as easy as that and 2023 the speculation is too early if we want it to replace national cash it should be mainstream at 2020. Till date, many people are not aware about crypto and skeptical about crypto.

audreyking.king

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It is possible that the cryptocurrency will replace the national currency.The world is on the path where technology improves our lives better each day

ppifvtpu

newbie

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The encrypted currency will never replace the national currency, and in the future we may see more and more coins entering our lives, but as a supplement to the payment, the government will not allow the encrypted currency to dominate.

Ozero

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It is unlikely that bitcoin in the foreseeable future will replace ordinary money so much that it will be massively used to make small purchases. Bitcoin is still used primarily as a means of accumulating value, that is, people keep it in the hope of profit from the growth of its price and do not want to buy a cup of coffee for it, even if they had such an opportunity. While it is difficult to say what will happen with the use of bitcoin further.

MFahad

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Eloncoin.org - Mars, here we come!

Quote from: Nikifor25 on June 30, 2018, 07:54:11 AM

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 likely that Yes but it is not a fact. At any moment there can be the collapse of the ban or he just goes out of fashion.

The price of every item will be increase the number of crime may also increase since its anonymous too. It can never be replaced, it will be internet currency forever. Who's know these crypto currency getting vanished in future since every government are now against these coins. Sad

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