Topic: Cryptocurrency - page 6. (Read 3520 times)
This is not possible, cryptocurrency is still a virtual currency, it is not real cash. Moreover, the value of electronic money is not stable. Exchange requires a real money and a specific value
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
It would require investment I figure, it needs a strong framework that can shield from wrongdoing conduct, yet in the event that we see cash in return framework is really in view of trust between two gatherings, cryptographic forms of money could be the future "cash", since trust in fiat cash is chosen by one gathering, the bank, yet in cryptocurrency a great deal of "individuals" choose whether your record is genuine or not, and I feel that would be the fundamental idea later on.
The legitimate currency needs to have a definite value, with the price fluctuation of the cryptocurrency probably not appropriate. because universal exchange needs a stable value.
I think Cryptocurrency cannot be separated from innovation and advances in digital technology that cannot be dammed and increasingly affect modern human life. The pace of technology is not only seen from surfing the internet with Google applications for example. Moreover, digital technology also touches on the fundamental aspect - without reduction to refer to it as the only major need of modern society - in everyday human life, namely money as a medium of exchange.
At a time when all nations around the world agreed on a common rule for the cryptocurrency when people understood the value and accepted cryptocurrency, the point at which equality was guaranteed for everyone. At that time, I think cryptocurrency would become a means of trading, buying and selling, and exchanging popular
I think it is very difficult for Cryptocurrency to become a medium of exchange because it is not as convenient and practical as cash. For example, when you go to the food street or travel to developing countries, then cryptocurrency may not be reasonable to use.
Cryptocurrency is the new dimentions in digital technology where in it is very useful nowadays that we are in the modern day of electronics transactions like payments and other digital ,on line transactions , one the advantage of this is the cashless transactions where the people are easy moving their needs through this cryptocurrency and more it is not only payments but at the same time investment scheme.
This is the bottom of the market, the only way is up! 
Some projects need to take their responsibility and get on top of the game.
I can't wait till for example Ebay or Amazon adds BTC or other cryptocurrencies as a valid payment method.
Some projects need to take their responsibility and get on top of the game.
I can't wait till for example Ebay or Amazon adds BTC or other cryptocurrencies as a valid payment method.
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
I think in the near future there is big possibility that cryptocurrencies could become one of our currency. Some people say that bitcoin will really become our future currency which able to exchange to all valuable things. As of now there are some countries start to legalize cryptocurrencies so that I guess in the near future all countries will legalized it and all government will recognized it as real money like our physical money.
The market is constantly falling, many people worry that the market will collapse but for me we should not focus on anxiety, peace of mind and patiently holding, waiting for the market to grow again.
As far as I know about cryptocurrency, etymologically, cryptocurrency is composed of two words, namely crypto which refers to cryptography or coding language in the world of computers and currency which refers to the value of a currency. The definition can be drawn that cryptocurrency is a digital currency mechanism that can be used to transact virtually (via an internet network) that is protected by a complicated computer coding. 
All goes to this.Completely replace Fiat money is unlikely to succeed but every year the number of users of cryptocurrency will definitely grow.At the moment it is an uptrend
I believe that one day it will really happen. The society has been developing faster and faster. Soon, people will simply understand that the crypto has a lot of pros.
yes it is a decentralized digital currency with a limited supply and high demand. because there is no mixture of government hands and a trend to replace fiat currencies.
Cryptocurrencies is easy to exercise, it is very accessible. Time saving and convenient to use.
It was convenient since it was a digital currency and all we need to do is wait for the market price to pump up in order to earn profit.
I really don’t think that the decentralisation is the cause and it will even help.
All goes to this.Completely replace Fiat money is unlikely to succeed but every year the number of users of cryptocurrency will definitely grow.At the moment it is an uptrend
I believe that one day it will really happen. The society has been developing faster and faster. Soon, people will simply understand that the crypto has a lot of pros.
Of course, it will be, crypto is better than traditional currencies
In future, there will not traditional currencies, will be only crypto
You are mistaken. There are too many places in the world where the Internet cannot be used ever. People living there will never have any chances to deal with the crypto. In future, there will not traditional currencies, will be only crypto
That is very unlikely, believe me I would love to see a future like that, governments are not going to let that happen, they are too comfortable with fiat currencies since they can steal from everyone holding it, what it may happen is that lots of people will begin to use cryptocurrencies and then governments decide they cannot tolerate that any longer and ban them and begin to prosecute holders of crypto as if they were drug dealers but some countries will not do that and most crypto holders will move out there.
I think all countries reject it. each country has a legitimate currency and has been used to transact. I see on the crypto site that crypto's real purpose is as an investment asset.
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