Crypto VS national currency - page 3.

Gila uang

newbie

Activity: 168

Merit: 0

Quote from: luigi3 on June 08, 2018, 04:21:12 AM

I think it could be,when this year will appear many of us was using digital currencies to buy some things about needed in our daily life,but im still wondering if it have a good effect for our community.

I think so many advanced countries have not circulated about the existence of crypto. So I would say crpto can not replace the national currency.
it would not make sense for crypto to take over this national currency because not every country is developed and most people in underdeveloped countries know little or nothing about technology so how can you expect someone who does not know the technology behind bitcoin or cryptocurrency to start using it? It is impossible.

abonti

newbie

Activity: 113

Merit: 0

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.

MFahad

hero member

Activity: 2506

Merit: 645

Eloncoin.org - Mars, here we come!

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.

No there's no chances of replace national currency with crypto currency. First of all they're not exist and are volatile no body know when its price get down. Its can ruined the economy of any country.

yoseph

sr. member

Activity: 868

Merit: 266

Quote from: trangprooss1 on June 29, 2018, 04:27:33 AM

I do not have confidence in the national currency, because it is easy to make, especially for my country. $ 1 = 23,000 VND. The currency depreciates gradually, the state prints continuously.

My national currency is not reliable as well. The exchange rate between it and the US dollars is outrageous and that makes the price of things go higher and higher. The same cannot be said of Bitcoins. I'd rather use Bitcoins than my national currency.

Nikifor25

newbie

Activity: 65

Merit: 0

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.

chalbinov

full member

Activity: 420

Merit: 100

I think it would be a bit of a stretch to say that in 2023 people will scoff at the notion of someone not paying in or accepting Bitcoin as payment. Many people think that Bitcoin will never reach that level of use and saturation in the market. Personally I would say that it seems much more likely that governments will be soon coming out with their own forms of controllable digital currencies, rather than adopt decentralized option and attempt to regulate.

pelipurlara

member

Activity: 364

Merit: 10

they can not follow the bitcoin revenue range because Much better in cryptocurrency because they are a company that is more reliable than the national currency even though they are also profitable business

Stioned1987

jr. member

Activity: 126

Merit: 1

we aren't a destiny reader who simply is aware of this will happen, I see cryptocurrency might be coupled with the countrywide currency within the destiny. so, anybody inside the international could be unfastened to trade along with his/her choice, they can pay via cryptocurrency and can also pay thru national currency, this is the future in step with my estimation.

harrylucky67

newbie

Activity: 101

Merit: 0

Bitcoin is going to be very safe and fast. Here technology is important to do it all.

Hatinea88

newbie

Activity: 13

Merit: 0

Comparing currency with crypto money of two currencies but in terms of their value equally as can be exchanged or traded as well as store but in common sense the national currency is known by many and has used the money and crypto money is the opposite

chocolato

newbie

Activity: 34

Merit: 0

In my opinion, the Crypto currency can not replace the national money for a number of reasons. If it really happens it will take a very long time to make it happen. Because the national money is a reflection of the state economy and comes with gold and foreign exchange reserves and aggregate gross domestic income . Crypto currency has no bond with certain circumstances at all and until now there are still many people who do not understand about technology and internet.

NerdofBTC

newbie

Activity: 61

Merit: 0

I will prefer crypto because it provide more opportunity to succeed in life and this creadit is goes to the price fluctution through which you earn a good profit on it but the national currency did not provide this opportunity although you can invest it but can not give you more opportunity so i think bitcoin is better than national currency.

trangprooss1

newbie

Activity: 24

Merit: 0

I do not have confidence in the national currency, because it is easy to make, especially for my country. $ 1 = 23,000 VND. The currency depreciates gradually, the state prints continuously.

TobyToby6000

newbie

Activity: 70

Merit: 0

Bitcoin was created to be an option and not to replace any fiat currency or become the national currency.The national currency will maintain its existence for daily transactions in the real world and the crypto currency will make it easy to transact across countries quickly, safely, easily and cheaply.

Piano90

newbie

Activity: 31

Merit: 0

https://www.ccn.com/switzerland-government-calls-for-study-on-state-cryptocurrency-e-franc/

it seems that Switzerland is studying the issue of a digital franc

Launce vich

newbie

Activity: 61

Merit: 0

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.

Max quee

newbie

Activity: 49

Merit: 0

I think that at the moment the national currency of any country is much more stable than the rate of the Crypto-currency, therefore it is stronger! It's too early to compare them!

arlington

sr. member

Activity: 476

Merit: 250

I think that it can be possible but in order for it to become possible we need to experience something huge like another financial crisis which will broke the balances of the world.

Dann hauer

newbie

Activity: 65

Merit: 0

I think crypto can not replace the national currency. Not everyone knows crypto and want to use it. In my country, the government can not control the crypto so they do not accept it.

triplef

full member

Activity: 338

Merit: 100

https://eloncity.io/

It sounds nice and crypto has huge advantages against fiat money. But usually we use crypto in virtual world. We order something in the internet, transfer money, because we don’t want to loose our money, pay too high transfer fee, we want to make our money safe. But when we are talking about buying a glass of coffee, you pay with cash because it is the easiest way and I am sure it won’t change in near future. Crypto is about something huge and important, we wont use it buying candies in the shop.

Topic: Crypto VS national currency - page 3. (Read 3027 times)