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Topic: Cryptocurrency Will Kill Cash ? Is this True - page 24. (Read 4487 times)

full member
Activity: 504
Merit: 105
Cryptocurrency will definitely render cash useless if we all adopt it's use in commerce and economic activities.  With cryptocurrency,  you don't have to sweat it since you could pay as many vendors at the same time. Interesting aspect of this is you could do it trustless transactions and agreement.
yeah, it is true that cryptocurrencies can be the best to replace cash, but i dont think it will be so soon, it may take a very long time for cryptocurrencies to grow and expand its popularity to the world, cryptocurrencies are great because we can use them more convinient than any other fiat but it still have disadavantages like too much scams, useless cryptos,... that will make cryptos hard to defeat cash in the future.
full member
Activity: 504
Merit: 100
Many Say Cryptocurrency Will Kill  Fiat Currency and Creating FUD all around the Internet, According to me if this statement is correct then CR.CARD Dr, Card has done this Long back, Cryptocurrency will be used by Smart people in future and many businesses will opt this for fast transaction

It's not easy to kill cash because still many people don't know and understand cryptocurrency and they will keep using Cash.

Whats your view about this

Cryptocurrency can be used as a medium of exchange same as cash or plastic money. I doubt if it can replace cash in the future, since the government might take time to fully accept and understand the whole concept of cryptocurrency. Maybe in the future, when cryptocurrency is fully accepted in all establishment and stores, people can use crypto instead of cash in daily basic transactions.
newbie
Activity: 228
Merit: 0
I think that is unlikely. In my opinion, the daily currency can not contain "fluctuations". This is different from the USD or Uero. In other words, bitcoin and cryptocurrency will exist in parallel with fiat and apply more to the management and finalization of the next generation economy.
newbie
Activity: 84
Merit: 0
I definitely think it's highly possible. But It is a very futuristic situation especially when crypto currency has gone mainstream and attracted institutional investors.
member
Activity: 210
Merit: 10
“Tackling Climate Change Using Blockchain”
Cryptocurrency will definitely render cash useless if we all adopt it's use in commerce and economic activities.  With cryptocurrency,  you don't have to sweat it since you could pay as many vendors at the same time. Interesting aspect of this is you could do it trustless transactions and agreement.
full member
Activity: 644
Merit: 100
everything can be, because there are projects that are now implementing the blockchain,and use technologies that allow you to pay for things and goods, but what to say if such giants as Amazon and Microsoft, already entered this market
full member
Activity: 336
Merit: 100
That depends on the country I think. Cryptocurrency will kill digital fiat transfers almost certainly. And we have countries like Sweden where cash is virtually completely phased out, so I can see cryptocurrency becoming the main thing there
newbie
Activity: 238
Merit: 0
I am confident that the money and crypto currencies will continue to exist together for a very long time. There are a lot of different industries where money is more convenient form of calculations than crypto-currencies.

cash will cease to exist for sure. The trend is to carry less and less things with you and more things having digital in your phone. Money will be no different for sure. Digital money means bitcoin in this case Wink
newbie
Activity: 137
Merit: 0
Cryptocurrency craze is just started and in my opinion it will not kill cash in near future but it will accept among those people's who know what cryptocurrency is and unfortunately too much people don't know about cryptocurrency so its impossible in near future that crypto will kill cash.
newbie
Activity: 89
Merit: 0
In my opinion cryptocurrency will be only for special group of people. Too much people do not know about it and if know, do not trust it. So normal cash will stay with us long time Wink
full member
Activity: 406
Merit: 100
Many Say Cryptocurrency Will Kill  Fiat Currency and Creating FUD all around the Internet, According to me if this statement is correct then CR.CARD Dr, Card has done this Long back, Cryptocurrency will be used by Smart people in future and many businesses will opt this for fast transaction

It's not easy to kill cash because still many people don't know and understand cryptocurrency and they will keep using Cash.

Whats your view about this

 We can't really say that it's true right now, because it's just a predictions that users and investors made. But looking at a big picture right now, I can say that it has a possibility of happening. This prediction is the goal of cryptos, i think. And this will have to occur sometime in the future.
jr. member
Activity: 125
Merit: 2
I dont think cash will ever die. Cash is the backbone of every enonomy as the central banks control it. No government will accept that cash dies all because of crypto. I dont think we should be thinking about that. we can only hope that many countries legalise the use of crypto along side the fiat.
newbie
Activity: 154
Merit: 0
cash will not die before each person and each organization can afford to conduct cryptoplations. a huge part of the world's population is illiterate, how will they understand something in crypto-currencies if they can not really read?
newbie
Activity: 264
Merit: 0
I believe the cryptocurrency will soon send cash packing and it won't be long before the cryptocurrency will be adopted in all countries through out the word as government heads are now considering going for cryptocurrency as it cost more to print the fiat money but with cryptocurrency we don't need to print money just the blockchain.
newbie
Activity: 168
Merit: 0
It's not going to be possible for cryptos to kill cash, no matter how much you might have in crypto asset, you still need to convert to some them to fiat to be able to use it, there are some certain things you can't pay with cryptos especially where many people use cryptos less.
newbie
Activity: 33
Merit: 0
I don't think cryptocurrency will kill cash. It is a big impact on the economy that crypto is a part of it where it contributes in an efficient way in technology like paying bills online. Cash, however, is most likely used by people especially those that are non-tech savvy. In today's technology, we can't believe that there are still these people that their places are difficult to reach out so mainly they don't even know what cryptocurrency is.
full member
Activity: 364
Merit: 100
Blockchain with VTOS energy
From todays view, there is no way for crypto to kill cash since most countries aren't accept it as currency. And I think it will be the same in the future because of the fluctuation that crypto has is too high.

In my own opinion, there is a huge chance for cryptocurrency to be a part of the economy of different countries but fiat will never die because there are still people who are not capable of earning cryptocurrency and they are still depending on fiat.
full member
Activity: 448
Merit: 100
Cryptocurrency will never replace or completely kill cash, as if developed vigorously the cryptocurrency will only replace a small fraction. It helps to pay quickly and conveniently with large amounts of money
newbie
Activity: 26
Merit: 0
Yes . It will do that in near future. Everyone has a smartphone. So everyone can use coins for daily works. Governments can not control it. It is easy to use and safe.
full member
Activity: 742
Merit: 103
I am confident that the money and crypto currencies will continue to exist together for a very long time. There are a lot of different industries where money is more convenient form of calculations than crypto-currencies.
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