Topic: Crypto VS national currency - page 26. (Read 3027 times)
I do not think that's possible, because the nature of bitcoin is not real and intangible that's the problem.
Bitcoin and dollar cannot collaborate with each other and neither bitcoin is anywhere near to digital dollar. Both are fundamentally different. One is Decentralized and the other one is full centralized in control of US Government. Although these days we compare bitcoin value in dollars but that day is near when there will be only bitcoins and no USD.
It is true that they are different but that is precisely why both of them can exist, both will have different functions for people, fiat will still be the predominant form of money but bitcoin will make big progress and the governments will have simply two options to try to resist bitcoin or to realize it is inevitable the adoption of bitcoin and then they decide to do the same.
Actually crypto is electric currency and also called international currency. You will understand the level of international. Of-course the international currency bears a good advantage than the national currency. But on the contrary national currency goes very well in individual country.
People like national currency because legal in country and easily available every where accepted.While Crypto are illegal in many countries and majority of population unaware about crypto but in future crypto will commonly used if this trend continue about the crypto.
No practically it seems not possible to happen.Not all the people would accept decentralised cryptos as their primary currencies.
Still the most used currency is the national currency, as it has come a long way since the government's control over digital money has come to us with about ten years. No one can control it . 
There are more chances for the government to issue their own crypto currency for each country as the Government will be able to control the people's money, like the traditional banks. Crypto currencies can be used all over the world equally whereas national currency can only be used inside each country, for travelling one who uses traditional currency need to change to the visiting countres local currency before visiting a place but if someone use crypto currency like Bitcoin, Ethereum and so on can be used all the world and there is no need to worry about changing the currency for travelling to any destination.
Crypto currency can be like national currency but in a diffirent way because in crypto are all done through digital or online transactions and can be very useful for daily payments if it is use anywhere in this world. The national currencies were cash money been used by people around the world and can be cash money on hand or through online transaction.
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.
Yes, It is possible crypto currency can replace national money. Because In the future the crypto will dominate.
Crypto Currency All time Up Down.But National Currency up Down Slowly.Crypto Currency use Virtual life But National Currency use Real Life.Many people Dislike Crypto Currency. But most of people Like national currency.
I think crypto is difficult to replace the national currency, maybe in the future crypto can only coexist with national currency in the sense that one can use crypto or national currency as he wishes. If they are lazy to make a long transaction, surely they will use crypto.
Bitcoin cannot cannot fully replace national currencies because they all work differently and every national currency is recognized as a symbol or a national asset for the country. However, I believe that there will be a time where bitcoin will be become so popular and governments of most countries will have no other option than to accept it for transactions and this will be used alongside the country's currency.
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.
Bitcoin, an algorithmic currency, is becoming more familiar with this era, everyone knows how it came to be, how it works, but what its intrinsic purpose is, there are very few people who know and dream. lake. In the history of monetary development, if a credit card is a great invention to reduce the cost of erosion, storage capacity and transaction modifications, the algorithmic currency is a more complete invention. The State unified management of all banking activities; To adopt policies to mobilize domestic resources, to make the fullest use of overseas resources, to bring into play the combined strengths of various economic sectors; To ensure the leading role of state credit institutions in monetary and banking activities; Maintaining the socialist orientation and national sovereignty; expanding cooperation and international integration; To meet the requirements of socio-economic development, contributing to the industrialization and modernization of the country 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.
cryptocurrency must have an agency that regulates and regulates all activity regarding crypto assets
this is needed by the public to make the market condition fair and not easily messed up with the hoax news
this is needed by the public to make the market condition fair and not easily messed up with the hoax news
As of now cryptocurrencies cant replace the national currency because of its volatility maybe in the near future.Also the goverment and the banks will disapprove in the idea of making a crypto currency as a national currency.
Cryptocurrency is the next stage of money development. This is not a war of paper and digital money, this is a process of evolution.
Cryptocurrency can ultimately get a win in this war, because it would be a unique new system with a relevant schemes of payments
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.
Yes, perhaps the cryptocurrency will enter the currency turnover and will be used along with the national currency, but until the end to replace the national currency and withdraw it from circulation still can nothow 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 there's no point in comparing it! I think that at the moment the national currency is undoubtedly winning, because it is much more stable than the crypto currency!
cryptocurrency must have an agency that regulates and regulates all activity regarding crypto assets
this is needed by the public to make the market condition fair and not easily messed up with the hoax news
this is needed by the public to make the market condition fair and not easily messed up with the hoax news
I do not think that's possible, because the nature of bitcoin is not real and intangible that's the problem.
Comparing Crypto to national currency is hard to discuss because the status of cryptocurrencies as of now is very complicated there are so many critics and against about Crypto. So we can't compared yet
National currency are accepted by majority of us. While cryptocurrencies and users of it are limited especially to those 3rd world countries or unprogress countries.
National currency are accepted by majority of us. While cryptocurrencies and users of it are limited especially to those 3rd world countries or unprogress countries.
Jump to: