Topic: Do you believe that digital currencies will replace Fiat? - page 17. (Read 5176 times)
Yes i'm Believe that digital currencies will replace fiat.
I know it may not be possible right now, but do you think fiat will be gone in the future?
Nowadays many countries have policies that prohibit virtual currency so that the replacement of currency does not take place, if it becomes possible it may not be a good thing.
maybe yes it will happen in the future. but it cannot replace all fiat money, we can say digital currencies will replace 50% of the fiat money. it would be good if it is balance and they can support or depend each others.
I know it may not be possible right now, but do you think fiat will be gone in the future?
Fiat is a buddy of the bank and is a buddy of the government. Cryptocurrency is not. So by logic, we won't see fiat biting the dust since the government will not let that happen. However, the future is full of mystery and anything could happen. I believe that fiat will be outdated in the future but I do not know what will take its place. It could be a cryptocurrency but in a semi-centralized manner so that the government can touch and control it and at the same time, be strong from any type of attacks.
cryto is the future of all currency i think 
but i think it will took a bit more long time to make your gase true
but i think it will took a bit more long time to make your gase true 
I personally believe that in the next 5 years at least 10% of the money supply will be replaced by digital currencies. In which we could see crypto market becoming a trillion dollar market.
Maybe the money supply around the world might get changed to digital form, but not the entire fiat system will be replaced. Already several countries have changes their fiat into digital form, which can be used in the form of paper money as well in digital form. Specific value is assigned to the token. 
I personally believe that in the next 5 years at least 10% of the money supply will be replaced by digital currencies. In which we could see crypto market becoming a trillion dollar market.
it could happen, what can not happen in this world, let alone bitcoin today is increasingly famous and increasingly popular, I can say bitcoin is the most popular digital currency currency in the world.
I know it may not be possible right now, but do you think fiat will be gone in the future?
I think governments will always have their own currency whether a physical currency or a digital currency. But decentralized currencies like Bitcoin can still exist as a universal coin or store of value. They also serve other purposes including payment method and conduit for sending funds to other parts of the world. I think these coins will have a place in the world economy in the future.
Yes I believe digital currencies will replace FIAT money as it is more suitable for the modern world. Also the world needs an independent currency separate from people and organizations in power that use the current centralized money system.
I know it may not be possible right now, but do you think fiat will be gone in the future?
We're still not sure about that, but it is possible that fiat would be gone in the future because it will be replace by the digital currencies. Our Society is evolving everyday, so there is a lot of things that could happen every single day. All that we can do for now is to continue use both fiat and bitcoin, and store cryptos as many as we can to be prepared in the near future.
That would be possible but the essence of time is the answer, it would take around 50 years in my guesstimate. We are now living in a digital communities, younger generations and millennials can easily adopt the transitions of newer technologies like this digital cryptocurrencies, on-line e-commerce, social media marketing, modern financial technologies. The only problem is that most financial institution like insurance,banks and investment firms are manage or owned by the older generations like they were born at '50s or '60s, they seem they are not still comfortable to adapt new technologies they prefer the traditional method like what they used to it when they are in their younger age. The older generation is still controls the government, the world economy and the finances. That's why it is still hard to take place this digital currencies as the mainstream medium of exchange but i am optimistic that in the future it will be.
I do not think so, the digital currency as a whole can not replace the role of fiat money. It is influenced by technology that is not ready and not evenly distributed around the world.
I know it may not be possible right now, but do you think fiat will be gone in the future?
Do you believe in miracles? If yes, you have your answer.
Bitcoin started as nothing and at this price alone we can eventually call it a “miracle coin” in cryptocurrency investment in the whole history of human existence. Who will predict for what will be made and what might happen.
If in reality we do associate miracles for a divine intervention. It is not what I mean do.
Fiat been in decades, centuries and still exist but in due time resistance toward financial institutions will eventually rise and spread and that is the beginning of the end of currency in the real world. And that the start of cryptocurrency system.
I know it may not be possible right now, but do you think fiat will be gone in the future?
if it is lost entirely it is not possible, because in the interaction there must be an exchange process, so cash money will definitely be needed and will not disappear from the market but may not dominate again
Since many of us are still have no knowledge about crypto currency and they don't have a chance to take a part of this kind because of some factors. That's why replacing fiat money over digital currency are impossible because probably many citizen would not go for it. And its accessibility of digital currency are not for all class of people probably it happens in the lower class.
I know it may not be possible right now, but do you think fiat will be gone in the future?
I don't think so. Fiat and digital currency will just co-exist because we cannot just easily let go fiat since all of us are not in the technology yet. It would be hard for the people who have no access to technology to use a digital money if they don't have access to it. There are even people who have no electricity yet and if we opt for digital money then they would be left behind and they will not be able to transact and buy anything so eliminating fiat is just highly unlikely. Maybe digital currency may end up being use as asset more than a currency.
I know it may not be possible right now, but do you think fiat will be gone in the future?
No,its not possible for cryptocurrencies to replace traditional local fiat currencies because government wont really let that thing to happen.Thinking off that cryptos are decentralized which it cant really be considered to be come a main currency in the world.It would just still remain on what it is just like now. 
I dont think it will happen, it is really impossible for now i mean cryptocurrencies are decentralized the government will not allow crypto to takeover and most of the countries don't really recognized digital currencies. But when the government recognized crypto they are the one that will takover to crypto then maybe digital currency can replace fiat but it will take a while before it happens. Who know's when.
Im pretty sure crypto currencies will replace Fiat in future.
But im not sure if Bitcoin will replace Fiat. Governments probably will create own crypto coins which we will be forced to use :/
Yes, you are correct! Bitcoin will replace the fiat soon and maybe it will be set as an international currency. I don't see government will create a new one to defeat the bitcoin. It is risky on their part because they couldn't control the supply of token. Governments are busy to maintain the peace throughout the country. But im not sure if Bitcoin will replace Fiat. Governments probably will create own crypto coins which we will be forced to use :/
As we can observe right now, there are many transaction already that doesn't need cash or fiat especially in the cities. This only proves that there are bigger chances of having a cashless society where digital currency rules. Might happen not so soon but it is already in the process. Anyways, we're getting there already.
Jump to: