Topic: Crypto will ever replace Fiat? - page 3. (Read 2714 times)
Maybe... But not in my life
In the near future, cryptocurrency won’t replace fiat because there is no governmental laws which would regulate the usage of cryptocurrency
I agree with you to a certain extend. Just like how AI will never completely replace human labor, but it will serve its purpose co-existing with us!
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Actually I don't think crypto will ever replace fiat, I think they will co-exist to serve different purposes.
it all depends on the technical level of whole society development not just of individual layers. Most likely a crypto currency will exist along with usual money and will be both an asset and a money
I think we are on the way to a cashless society. It’s a more convenient way to transact. The fiat curriencies that we know today will be pegged to their individual coins. The traditional fiat currencies will still exist in that sense but the actual method of exchange will be done electronically. It will be many many many years down the road for the transition to happen.
Actually I don't think crypto will ever replace fiat, I think they will co-exist to serve different purposes.
What is your opinion?
Crypto in my opinion also will not replace the fiat currency because fiat currency will always be the main to make payments rather than cryptocurrency. And its always be the easiest way to make payments in our everyday living. Cryptocurrency will only serve as an alternative way of payment method. What is your opinion?
Maybe in many years it could happen, why not?
I think the most appropriate question here is how can crypto works with Fiat better or can Fiat and Crypto work for better progress since it's impossible for crypto to replace Fiat because of its decentralized characteristics where in no one manage bitcoin, and Fiat will be the first choice of people who don't use internet in the first place.
i don't think it would replace it, but will become more common use
Very confident this is just a matter of time and it will replace Fiat.
Fiat is man-made. Crypto is man-made.
Fiat is more susceptible to corruption and overheads. Crypto doesn't have to be.
Fiat is established, but inflexible. Crypto is newer but flexible.
It's a matter of time. Those who benefit from fiat will push back with scare tactics, but eventually it'll be accepted.
Fiat is more susceptible to corruption and overheads. Crypto doesn't have to be.
Fiat is established, but inflexible. Crypto is newer but flexible.
It's a matter of time. Those who benefit from fiat will push back with scare tactics, but eventually it'll be accepted.
nope, it won't
It has the necessary tools, but I doubt that happens in the world in which we live .
I am having the same opinion as you do.
I do not believe that in the near future, the Crypto-currencies will be in one-step settlements with fiat money or bank cards, if not even higher, if only because for such everyday calculations, the cost of the transaction and the speed of the transaction for the crypt are too high. But this is decided in the future.
I really hope so! Cryptocurrency is the future
I don't think it would be the next 10-20 years
I believe in 5 years CryptoCurrency will match fiat but not overtake. It could possibly overtake in 15 years.
I dont think thats gonna happen but god knows as it is still in beta state.
It is bad if you are greedy for Bitcoin because it can be bad if you make a mistake with Bitcoin so you can lose a lot of money if you sell too soon.
Wait for the right time to sell it and you can make a huge profit if the price goes up for a long time.
Wait for the right time to sell it and you can make a huge profit if the price goes up for a long time.
Nop! Fiats are prevailing and had rotated the manifolds of evolution for long in different forms. Replacing it can no way save humanity from destruction
Youre right bro and i am having the same thought as of yours.
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