Topic: Do you think cryptocurrencies have the potential to overtake regular currencies? - page 22. (Read 4091 times)
August 13, 2017, 10:30:11 AM
They could not ban crypto-currencies, because the thin string that keep them to power would be broken in case they start doing it. But they have the potential to take the whole online payment area.
August 13, 2017, 10:27:22 AM
Indeed it got the potential.. crypto is fast, stable, secure and trusted as well
August 13, 2017, 10:21:27 AM
Some of the countries have already took those steps and they are not allowing bitcoin and other crypto currencies. One country is using a crypro like currency so they dont want anything to do with other to avoid confusion and it might be a real threat.
Ain't it becoming a real threat now.
They are doing steps which are popping up from everywhere. Fake news and other stuffs to avoid this currency specially bitcoin.
Making it look bad to the public for it not to grow more.
Ain't it becoming a real threat now.
They are doing steps which are popping up from everywhere. Fake news and other stuffs to avoid this currency specially bitcoin.
Making it look bad to the public for it not to grow more.
August 13, 2017, 10:17:33 AM
Looking at the market cap, certain crypto-currencies such as Bitcoin, Ethereum and Ripple have already overtaken some of the long-established fiat currencies. But we can't yet compare the major fiat currencies (USD, EUR, JPY, CNY.etc) with the crypto-currencies. For example, the market cap of United States Dollar is at least 25 times greater than that of BTC.
August 13, 2017, 10:17:07 AM
Would banks and governments actively work and implement countermeasures to undermine this process? Are the underestimating the potential of cryptocurrencies by investing in some of them?
Do you think there is a possibility of cryptocurrencies being banned in the future for the reason of being a threat to "normal" currencies?
No and no. Cryptocurrencies will be used alongside FIAT unless governments decide to create their own centralized blockchain-based currency.Do you think there is a possibility of cryptocurrencies being banned in the future for the reason of being a threat to "normal" currencies?
Governments would never replace a currency that they control with one that they don't.
August 13, 2017, 10:05:20 AM
Would banks and governments actively work and implement countermeasures to undermine this process? Are the underestimating the potential of cryptocurrencies by investing in some of them?
Do you think there is a possibility of cryptocurrencies being banned in the future for the reason of being a threat to "normal" currencies?
Do you think there is a possibility of cryptocurrencies being banned in the future for the reason of being a threat to "normal" currencies?
Im not sure governments are going to happily accept bitcoin as a replacement for their fiat currencies. You have to ask yourself: why? what do they win doing that?
Why would governments replace their currencies, which they control, for a currency that nobody controls? It makes no sense.
I see bitcoin as a neutral asset like gold primarily, secondarily as a currency, and it will depend on the people using it or not. The big mistake is considering bitcoin before digital gold, because that's where big blockers ruin everything.
August 13, 2017, 09:00:01 AM
Would banks and governments actively work and implement countermeasures to undermine this process? Are the underestimating the potential of cryptocurrencies by investing in some of them?
Do you think there is a possibility of cryptocurrencies being banned in the future for the reason of being a threat to "normal" currencies?
Do you think there is a possibility of cryptocurrencies being banned in the future for the reason of being a threat to "normal" currencies?
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