Topic: Crypto will ever replace Fiat? - page 2. (Read 2714 times)
Yes there are a big chance in some countries it will change the Fiat.
Not in nearest 50 years I guess. Its too big of a step
Maybe in like 100 years perhaps. I doubt it would be BTC though.
This is possible in 20-30yrs when internet is free and very common.
No government would allow another currency to take over it's local currency, so in my opinion that is impossible.
This is the best debate and quite informative. Both currencies fit different uses and will, therefore, coexist until we are technologically advanced enough to fully migrate into an electronic system.
I don't think if government allows it. Both are have different used.
I think it won't. It's used for multiple purposes on virtual community. Fiat token has its own political purposes and it will never be replaced.
Personally I believe one day in some countries there will be only crypto currencies existing.
crypto when it's impossible to replace fiat. if you go together there is a chance and most likely happen. My reason is not everyone can invest and cleverly benefit digital tools.
Who knows? Maybe.
Sooner or later yes but for a while now we will have a strong coexistence.
Maybe crypto will not replace fiat, but it will be a good alternative for sure. But to do that, cryptos have to make some big changes asap, unless banks havent taken over the initiative.
When fiat crash?
I think that Fiat and Crypto will exist in parallel.
What to consider is: fiat a selfdestructing and an illusion. Poor getting poorer. rich getting richer. And the same is for crypto currencies.. We all have seen the manipulation happening the last 6 month with bitcoin in particular....
Gold and silver will eventually be used again as currency. Crypto currency will have a part in the future im sure.. But i'm more worried bout the future regulations regarding the use and prohibition of certain coins, and what measures the governments will take towards adaptation or restriction. I dont want to be told where and where not i can use coins and tokens. It should stay decentralized.
They will co-exist with one another. Cant remove fiat out of the picture.
maybe in 30 or 40 years
Even if crypto doesn't replace soon, i believe that a time will come when we will not be using physical cash anymore and everything is going to go digital. I am betting in the next 50 years, that's going to be possible.
maybe in 30 or 40 years
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