Topic: Crypto VS national currency - page 27. (Read 3027 times)
Cryptocurrency will not replace Fiat as a whole. Because we know that Fiat is easier to use than Cryptocurrency. So, I think the Cryptocurrency function as a digital currency is more than enough for now.
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.
There id a huge possibility that in the near future money will become digital for a huge percentage of us people living in thebworld. However, I don't believe it would completely destrpy or deface fiat money in the market. After all, we know that fiat currency, although packed with disadvantages, has become the stapleform of currency in the past 10,000 years. 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.
The Debate on which is the best has been on going for a long period of time, but it really depends on one's preference,by 2023, the crypto market will have gone under lots of improvement in the crypto market, and we might be buying the tinniest things with Crypto, there is however government legislation to worry about for the journey to be complete
The crypto currency and the national currency or what we called fiat money has a very big differences, first is the different in use and different in acceptance because bitcoin is not accepted in other stores especially now that bitcoin is not yet popular and other country is not yet accepting bitcoin.
Some of the more remote countries, like venezuela or Zimbabwe, whose economies have collapsed and their currencies have fallen so much that they have had to use bitcoin.
In the future, bitcoin or other tokens will replace legal tender, which will take a long time!
In the future, bitcoin or other tokens will replace legal tender, which will take a long time!
I can not think because I know
The bitcoin we set the price
when rise whenever down depending on the seller and buyer there is no limit to where the rise and fall
in contrast to the national money that is managed by the government, except bitcoin already in the government would have no plan to replace the national money into bitcoin
The bitcoin we set the price
when rise whenever down depending on the seller and buyer there is no limit to where the rise and fall
in contrast to the national money that is managed by the government, except bitcoin already in the government would have no plan to replace the national money into bitcoin
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.
Why not. Now I can not imagine paying without a payment card. Soon it may be the same with BTC. I saw several BTC ATMs in my 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.
If this happens, of course, this is clear evidence of a new era of development, which will all use digital technology in its various transactions, but it will be a long wait for all countries to use it, maybe only some countries use it , and a state that does not follow it can only see a real-time development. Hopefully in the Country I can feel all the great developments of this Bitcoin.
I think the use of bitcoin depends on both sellers and buyers. Until and unless buyers keep asking sellers to accept Bitcoins, sellers will be oblivious to the demand.
For me, most of the people or bitcoin users compare bitcoin or cryptocurrency into national currency. Yes, they are the same currency but crypto is digital and decentralized, and national currency is legal and centralized. We all know that comparing cryptocurrencies acceptance and legality it can’t win over the federal money because the government controls it. But regarding transaction anonymously and less fee bitcoin will win over real money. I think if bitcoin become legal to the public and government sectors accept it, that is the perfect time to compare both sides. 
In fact, this expression has a slightly different meaning, the fact is that it means using crypto currency for payment, it is quite possible that it is a question of using a national crypto currency. I am convinced by 99% that within the next 5-10 years, money based on cryptography will completely supplant conventional paper and electronic money.
Never the financial and economic elite will not allow to force out the power of the dollar, it means the loss of their sovereignty. And the cryptocurrency is not touched yet, because it occupies a very small segment in the world economy
you are an overinformed person ... no country in this world will not allow their national currency to replace something unpredictable like bitkoyn ... allows bitkoynu to remain so ... only for trade or long-term investments
Glabolization, information and technology of blockchain. Over time, the borders of states will be erased and national currencies will be destroyed. Personally, I'm for a life without borders. therefore personally I choose bitcoin. And the national currency in my country is full of shit
It is impossible for any crypto to replace a national currency, it is not so easy that fiat has a very important role as an economy, it balances inflation and deflation and the national currency is necessary to be centralized so that it can not be used and controlled by wealthy people, a crypt can only be used as a sub currency. but the national currency is poorly replaced with a digital currency.
I think the crypto currency will not replace the national currency because the national currency is still in need in a country to be managed by the government and the bank.bitcoin can be used as currency but can not replace on the other hand it happen in futuer.
We should expect that cryptocurrencies wont have any confrontation. We are still a long way off from cryptocurrencies being fully embraced by the mainstream.
Bitcoin can not take place of national currency but in digital exchange money it should be make a vital role. In today era, all world connected with internet so digital cryptocurreny could played a significant role to secure and safe medium of import and export.
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 don't think it will happen that cryptocurrency would replace the legal tender which is fiat at the moment because there are still problems with the technology and connection so it would be hard to implement it if not all can use it because of the limitations. What is happening now is that some countries are considering creating their own cryptocurrency so that they can supplement (not replace) their fiat for faster transactions and lower cost. They have seen some advantages of using blockchain technology that's why they are starting to try using it and see the response of the people if it would be beneficial for them or not.
I think the crypto currency will not replace the national currency because the national currency is still in need in a country to be managed by the government and the bank. Bitcoin can be used as currency but cannot replace . And the price of crypto cannot be stabled like fiat . On the other hand it maybe happen in future.
Thre will be preferences when it comes to this, some people will prefer crypto while others will stick to the Fiat they have known all their lives
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