Topic: Crypto VS national currency - page 30. (Read 3028 times)
Nope of course because in the first place crypto currency has no stable value for it. And it will just make transaction more complicated and could be a reason to a downfall of some business establishment that needs daily income in order for the establishment to get its stock in place for the stocks that has been sold. So i guess it is not really true though as we all know also that crypto is one of the best instrument to make a transaction but for me it works on the ICO project that has already utilizing their tokens in the process of making transactins on their project.
No practically it seems not possible to happen.Not all the people would accept decentralised cryptos as their primary currencies.
Even it takes long time. But it ain't replace the national currency itself. It is caused by not all people around the world accept and get used to cryptocurrencies.
Many not understand about bitcoin currencies. I think it will take much longer to make it happen.
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.
The national currency is the currency of a country. People living in the country with the currency of a country are living. The country's central government or the central bank of the country controls the country's own currency. On the other hand, cryptocurrency is all over the world. It is not under any country or government. It is such a multimedia that only those who can control the value of it. The difference between the national currency and the crypto currency is the control power. National Currency controls the government or country's central bank, which is not possible in 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 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.
2023 is not the year to use digital money worldwide! Digital money will play an important role in currency circulation and commodity exchange! Need more time to digital money to completely replace cash! 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 think bitcoin can not replace the national currency in the future because there are still many people who do not know how to use technology equipment such as phones, computers, ...or if they are not careful, they can lose their money by scammers like hackers, ..
In particular, bitcoin is a decentralized currency, the government and banks can not control it. Bitcoin can be popularly used but it can not replace the national currency.
In particular, bitcoin is a decentralized currency, the government and banks can not control it. Bitcoin can be popularly used but it can not replace the national currency.
I think it will be a long time
Legal currency cannot be replaced arbitrarily.
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.
There are already governments of some nations express their concern to issue "digital/cryptocurrency".
Maybe in 2023 people in those countries can use cryptocurrencies issued by governments.
It doesn't mean crypto currency will replace national money. Maybe national money will be issued in the form of cryptocurrency.
Cryptocurrencies use Blockchain and a decentralized ledger. It means that no supervisory authority controls all the actions in the network. This comes at the expanse of all the users. So I believe that cryptocurrency is an asset used as a means of exchanging. It is considered reliable because it’s based on cryptography.
Cryptocurrency basicly using decentralized system and no one authorities can control the supply, fiat money supply controlled by central banks and i think its hard to make bitcoin as national currency because bitcoin have limited supply and decentralized system
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, most people expect that crypto and national currency in the related country can take the same function as payment instrument without disturbing but support each other. For several types of economic transactions, crypto might be better than fiat money but at other certain transactions, fiat money is preferred to crypto. We call for regulations to manage or arrange this for better service to people and customers. These should take the same function but might be used with different places and conditions. 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 think the national currency.
Cryptocurrencies use Blockchain and a decentralized ledger. It means that no supervisory authority controls all the actions in the network. This comes at the expanse of all the users. So I believe that cryptocurrency is an asset used as a means of exchanging. It is considered reliable because it’s based on cryptography.
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 would love to see this kind of future. A future wherein it is filled with cryptocurrency and we don't have to depend on fiat money anymore. We might even see a direct replacement for bitcoins when the time comes and when the right inventor comes into play. Many investors might pump up the price as well.
Crypto currency is a digital money that is acceptable across the nation and highly calculated base on US dollars , EUR and highly recommend to any nation, secondly crypto currency is higher than national currency, because we are in new era of digital world.
if we use crypto as for investment tool it is also good like in our country crypto is not legally allowed to use and also transactions is not allowed easily so it is very difficult to use Crypto but still we can maximize our wealth by investing in the crypto and it is very profitable.
Many people all over the world do not use internet. To replace the national currency or local currency by crypto currency Internet use is must. Beside this many people are not even introduced with BTC or crypto.
I agree with you, the future is far away.
it will make no sense for crypto to take over national currency this is because its not every country that is developed and most people in under-developed countries knows 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? that is impossible. even so many developed countries are yet to be circulated about the existence of crypto. So i will say crpto cannot take the place of national currency.
It's not impossible. This is not possible in life. It's a fictional word. Bitcoin will not be able to replace the national currency in any way. National currency has not been killed, it is still being used in the world. As long as the national currency remains in the world, the bittakena can not be the national currency.
btc can not replace the national currency system. If there is, it will be another currency, issued by the government. Today's crypto currency is just a financial playground, and that's a real look.
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