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Topic: How do you see cryptocurrency 10 years from now? - page 7. (Read 1332 times)

full member
Activity: 420
Merit: 100
Maybe 10 years from now the price of bitcoin will become more expensive and maybe the cryptocurrency will become the world money where it will accepted in different transactions. As you can see year by year there are big improvement in cryptocurrency and day by day many people get interested on it that's why I am sure that there will good future in cryptocurrency. However, not all the people know it and some of them are beginner in cryptocurrency. I also see some people start doing trading and investing because they already see the great future of crypto and most of them are not good on doing it that's why I recommend to use the Darb finance which have demo account that guide you to do trading and investing. It is a good exchange that support different cryptocurrencies and it has fast transaction in transferring assets and converting fiat to crypto and vice versa. In addition to that, maybe in the future all the people have their own crypto and they will able to use it to buy all stuffs that they needs and wants. I hope in the near future we can see the cryptocurrency as our legal and universal money like dollar.
legendary
Activity: 1473
Merit: 1086
Hey guys,

I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?

Thanks!

They will  co-exist in my opinion. Fiat will always have the backing of the government. Maybe crypto will replace all online payment methods but it will not replace fiat. The government will protect it. And there will be regulations and laws that will limit the use of crypto, so it will be hard to erase fiat.

With so much pessimism and with so many selling their coins bragging how they are geniuses, they are now waiting for the Big Dip. What if it doesn't come?. Bull markets are born in Pessimism and die in Euphoria. Are we Euphoric yet? No we have an abundance of pessimists waiting for a dip to 4500 some even a retest of the low at 3200. Talk about waiting for a water truck in the desert. Now we have used gold as a comparison before.

For nearly 5 years Gold traded between 260-330 not really doing much, but towards the end of the 4th year it started rallying. I remember when gold hit 400 again and everyone was selling, thinking "I'll buy the dip back at $300, after all you sell the highs right? But was it really a high? Nope the previous high in 1980 was nearly 900 and for years I heard "gold is dead, just a shiny pet rock. Thank God they sold in the nick of time, or so they thought. It proceeded to move higher and I heard, it will pullback, nothing goes straight up. Sure there were some minor pullbacks or pauses, but guess what it didn't pullback.

The same thing applies to cryptocurrencies.
hero member
Activity: 1148
Merit: 504
Hey guys,

I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?

Thanks!

They will  co-exist in my opinion. Fiat will always have the backing of the government. Maybe crypto will replace all online payment methods but it will not replace fiat. The government will protect it. And there will be regulations and laws that will limit the use of crypto, so it will be hard to erase fiat.
legendary
Activity: 2058
Merit: 1015
I agree that crypto will be the future but I disagree that fiat will get erased soon. Also 10 years is still short for such erased thing. Fiat will always be here eventhough the adoptation grows in the near future. What I expect 10 years from now is a higher bottomed will be recorded as the price sets a higher ATH.
sr. member
Activity: 1008
Merit: 250
Hey guys,

I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?

Thanks!

No doubt crytpo currency will be the future but crypto currency needs BTC and ETH like currencies. I think only top 50 crypto currencies are real and they have real investment, remaining currencies have fake or time being investments in them. I know many crypto currencies they were very active in coinmarketcap but now they are not even in the list. RKT is on of them. Solid project like BTC and ETH will be more helpful to replace the fiat.
legendary
Activity: 1806
Merit: 1521
Hey guys,

I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?

Thanks!

This is a really difficult question. Fiat monies haven't existed very long (only a matter of decades) so it's difficult to say how things will end up exactly, and on what timeline. Surely currencies like the USD appear unsustainable but if it collapses, it's not immediately clear whether the fiat system will be scrapped entirely or the currency gets relaunched.

Currency collapses are essentially crises of faith and we can't know for sure whether faith in fiat money will be shattered entirely. Gold bugs and the like are always so confident fiat money will go the way of the dodo (and quickly too) but I never underestimate the ability of the financial system to keep sustaining. After years of expecting doomsday to happen tomorrow, I realized the gold bugs were totally wrong about how long it would take.

And when fiat monies are replaced, it'll be interesting to see whether we see a return to commodity-backed money like the gold standard, or a move towards cryptocurrencies, or something else. Who knows?
full member
Activity: 2128
Merit: 180
It will be available in every country, more people are getting involved in this market and its price will become expensive. 10 years is too long, maybe in the next 5 years we will start to see a more open minded people where they easily adopt cryptocurrency. We are far from this but it will going to happen if we continue to believe.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
In the next 10 years, it seems that the growth of cryptocurrency will grow further, but to erase the fiat currency I think it will happen in the future and still need more time. If digital payments have become the main thing in the future, which means there is no more cash to use in each transaction, then it seems like cryptocurrency will take over in such a system which has far better advantages.
sr. member
Activity: 686
Merit: 262
Cryptocurrency definitely have a future. Fiat are going away within a decade or so. With technologies and advancement, in future, we will change the way we transact and none other than cryptos will replace it. But in what form, cant be said at this particular moment. It could be government backed or our good old bitcoin.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
Maybe after 10 years cryptocurrency are more development, the price in the market is good and more company, country and people will adopt the cryptocurrency in their lives. We all know that the technology now is more useful in every people and I think cryptocurrency is also will be more useful after 10 years from now.
It will surely be more developed and more adopted after 10 years, with how we see the market growing, it's giving us the directions where to follow
the economic growth of this currency, we will expect more people to be involved both from all the sectors of people around the  world, we do witness
the success and not for being an investment tools but a system that will help the society.
sr. member
Activity: 1274
Merit: 263
It will not erase because money is we need still for sure after 10 years. Crypto is good for me but money is really needed to use everyday and we know that and we cannot replace it and they have many disadvantages of that even they have a lot of advatanges but we need to know first the result incase that happen. Thing better for the crypto is not good as long as we cannot having problems in the end.
sr. member
Activity: 1330
Merit: 326
I have a positive outlook for the cryptocurrency after 10years. Cash will be less priority and digital payments are most prioritize that time. But this is just my own opinion, we can still can not say what will happen in the future since there are so many critics of cryptocurrency. They said that it cannot replace fiats because it lack of characteristics.
But i have a strong grip that cryptocurrency will have a better future.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?

I agree that in the distant future we will not see paper money, but this is something that will take many years, maybe 50 years or 100 years, let's give an example of my country:

Look:



it will take many years for my country to be very developed and have formal markets with very good conditions for sellers, and it is only after that that the sellers of my country began to adopt the new technologies. This is a long process. I do not know if in 50 years or in any year bitcoin will be used more frequently by all the people of the world as the best payment method
newbie
Activity: 5
Merit: 0
If you were asked 15 years ago what the internet will be like, you wouldn’t have even guessed it.
And with the cryptocurrency situation is even more incomprehensible.
Perhaps we are pilgrims in this matter. And maybe losers.
full member
Activity: 714
Merit: 114
I saw a thread that most currencies need 100 years to mature.

100 years ?  No i dont think so  .  its been over 10 years and alot of cryptos are now doing a good job  . i can safely say that they are already mature most especially bitcoin because bitcoin is already recognize by most countries and most people  .

Volatility will still be there but it will cost you less than going through the banking system.

Yes the volatile nature of cryptos wont be remove because that is what makes crypto unique and attractive  but when the demand is high , the price also rise and the transaction fees will be slightly expensive as well

In 10 years Bitcoin will hopefully be moving towards $1M Smiley

Its possible to some countries that has a high exchange rate ( usd to local currency )   but from others , no idont think that it will be equivalent to 1m usd   
copper member
Activity: 1204
Merit: 737
✅ Need Campaign Manager? TG > @TalkStar675
Basically crypto currencies future development totally depend on its community. If worldwide crypto community spread its use, acceptation, adoption then its easy to say for anyone that crypto currencies have a bright future. From my vision i hope within next 10 years cypto currency will take a major place on our everyday life. World most of the investor and companies will continue their work by accepting crypto on each and every sector of their business. There is a huge chance to see a crypto surrounded strong economy in next 10 years IMO.

At least we are going to see massive crypto acceptation within a short time which is gonna change the whole scenario very soon.
full member
Activity: 882
Merit: 104
Maybe after 10 years cryptocurrency are more development, the price in the market is good and more company, country and people will adopt the cryptocurrency in their lives. We all know that the technology now is more useful in every people and I think cryptocurrency is also will be more useful after 10 years from now.
legendary
Activity: 1652
Merit: 1265
I saw a thread that most currencies need 100 years to mature.
In 10 years we will be at close to a quarter of maturity.

I believe that Bitcoin will still mostly be interesting for traders.
However it will also start to become one of the major payment systems for international online trade.
Volatility will still be there but it will cost you less than going through the banking system.

Old fashion cash will be replaced by bank based digital currencies (more debet/credit cards) however not Bitcoin.

Legislation around Bitcoin (and crypto) will be clear to everyone making it as normal as having physical gold.

In 10 years Bitcoin will hopefully be moving towards $1M Smiley
member
Activity: 420
Merit: 10
“Tackling Climate Change Using Blockchain”
Perhaps there is a chance that money will be gone as it needs trees for the paper that is probably if the world is deforested of trees. Cryptocurrency or digital money might rise to replace it. But think of these, it wil not be because bitcoin or any other altcoins have replaced it, there is little chance that a decentralized system will be under the governments rule. People who want to be anonymous would opppose it. The possibility could be that the digital money at that time will be the value that the paper money holds and it will be regulated. The government is always monitoring movements of money as it may affect the national economy. So for this reason there might be a new cryptocurrency to represent physical money. And it might not be just ten years from now. Maybe far into the future.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Hey guys,

I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?

Thanks!

10 years from now probably there will be a huge change not only in the cryptocurrency market but also with the adoption of most country with crypto. also there might be new cryptocurrencies that could enter the competition with other popular coins. the development of cryptos will sure continue up to the future but I still don't think that fiat will be gone at that moment. I believe that crypto and fiat will still coexist because people will still have a different perspective and there will still be a community that will be against our community.
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