Topic: How many years will take that fiat coin will be replaced by cryptocurrency? - page 3. (Read 1772 times)

The fiat system might get a digital form, but the same never gets replaced with the cryptocurrency. Several countries have already done the same plan and given the paper money the digital form. Even after years fiat system will be the primary option for all the users.

Never cryptocurrencies will not replace Fiat. States can change the shape of the Fiat. I am sure that with time, Fiat will have electronic form. On the methods used, they will be very similar to crypto-currencies but they will always remain under state control, and rightly so. Fiat and cryptocurrency have different purposes and will never be United.

to completely altcoin replace fiat coin takes a long time. but gradually progress is quite good

I think one day it will happen,but not rapidly, let's say in 20 years. A lot depends on the government! Let's see)

I don't think that fiat will ever be replaced with cryptocurrencies, at least not in near future. Cryptocurrencies require Internet for their usage and can't work offline whereas fiat work offline 100 percent of the time. Moreover, transactions made in crypto require high fees which makes them unsuitable for small transactions.
Crypto are decentralized and no one can control their flow and regulation. I don't think that the government would allow any such thing that they can't control to come in everyday use.

Global Jobcoin, world’s first cryptocurrency for employment services, raised more than $7 Million in just a few days after announcing its presale. Powered by successful Swiss international Job Platforms Jobstoday.ch; Jobstoday.de; Jobstoday.at; Jobstoday.pl, Global Jobcoin ICO has become very popular among cryptocurrency investors & enthusiast within a few days.

It is not a surprise since Global Jobcoin ICO is backed by an established & successful company. The Job platforms are already in the market since last 3 years & have already more than 5000 clients & 1 Million + users registered on their platforms.

On the market, there are many ICOs being announced daily but most of them don’t even have any company structure, no product, no prototype or the team has no experience in product & business development. Global Jobcoin ICO has ticked all the boxes for a successful ICO. It is apparent from the presale & extremely high interest in the crowd sale. Independent ICO rating agency ICObench.com has rated Global Jobcoin 4.7 from 5.

“The fact that any investor can check that we exist since 2014 & have a working successful product in Switzerland, Germany, Austria & Poland, gives them confidence that their investment is safe with us”, said Sanket Deshmukh, Co-founder & CEO of Jobstoday & Global Jobcoin. He further added, “We receive daily at least 100 mails from our potential investors who like our ICO & are pleased to invest in it. Today’s ICO investors are smart, intelligent & they see the potential in ICOs with working product. Distribution of tokens is very important factor in deciding about the ICO. Global Jobcoin founders only hold 10% of total tokens, so the manipulation of the price is not possible. Lots of ICOs are keeping a lot of tokens for themselves so that they can manipulate the price. We have been very transparent with our investors from the beginning & that makes a big difference. Besides that, we will only have a circulating supply of 70 Million tokens & we will also invest 10% of our global profits in buying back Global Jobcoin tokens from the market.”

“Cryptocurrency investors are pushing the technology to its next level. ICOs are here to stay & the ones with successful products will give the investors a good return in short or long term”, said Lukasz Ochnik, Co-founder & CTO of Jobstoday & Global Jobcoin. He further added, “We hear about various scam ICOs daily, I personally never invested in any ICO which doesn’t have a legal company structure, experienced team & at least a prototype. Another important factor is whether the company address is revealed on the website & they can be found in company registration directory of that country. I don’t understand how people should invest in an ICO if the company does not even want to reveal its address. We spent 2 months in planning the ICO with our great team. We looked at various factors & how we can guarantee our investors the return that we promise. Our token holders not only benefit from our rising token price but also from the 20% dividends that they receive from our worldwide profits.”

The Global Jobcoin presale is currently in progress & minimum investment of 10 ETH is accepted, tokens are guaranteed through a SAFT agreement during the presale. The public crowd sale will start on October 28. The hard cap is set at 200,000 ETH, which is approximately $60 Million.

About Global Jobcoin

Global Jobcoin is an ERC20 decentralized token to pay for services related to employment. Using the Ethereum blockchain, this token is created for employers & employees worldwide. Global Jobcoin will be used on all Job platforms of Jobstoday in Switzerland, Germany, Austria & Poland. As the company expands its operations worldwide, Global Jobcoin will become the essential choice of payment on all the platforms around the world. Jobstoday is also collaborating with other partner Job boards to offer integration of Global Jobcoin into their platforms. Global Jobcoin & Jobstoday Platforms are products of Sunny Look Media LLC, registered Swiss company since 2014 in Wollerau, Canton of Schwyz.

Jobstoday Management

Sanket Deshmukh is the Co-Founder & CEO of Jobstoday & Global Jobcoin. Sanket brings 20 years of experience in Software & Business Development. Over the last 3 years, he has co-founded & built a successful multinational & multilingual recruitment platform in Switzerland Germany, Austria & Poland. His prompt, competent, & solution oriented customer skills have been received very positively by the customers.

Lukasz Ochnik is the Co-Founder & CTO of Jobstoday & Global Jobcoin. Lukasz brings over 15 years of experience in Software Development & Digital Marketing. As a co-founder & technology lead, he has always pushed the limits & implemented new innovative features on the platform. His efforts have always benefited the clients to reduce costs & save time. His ability to find perfect solutions has made him very popular among the clients.

Website: https://www.globaljobcoin.com
Global Jobcoin Presale Information
Start date: 22.09.2017 – 15:00 UTC
Total Tokens available in Presale: 10,000,000 (10 Million)
Tokens remaining for purchase in Presale: 3,000,000 (3 Million)
Presale Bonus: 50-60% Bonus
Token exchange rate: 1 ETH = 560 GJC (60% Bonus)
Token Price: 0.53 USD
Token exchange rate: 1 ETH = 525 GJC (50% Bonus)
Token Price: 0.57 USD

Presale Conditions

Minimum purchase: 10 ETH (3000 USD)
Maximum transaction amount: Unlimited
Amount of tokens per one person: Unlimited
Currencies accepted: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC)

Tokens purchased during pre-sale will be issued during the crowd sale.
Presale tokens are guaranteed with SAFT agreement.

Cryptocurrency will never replace fiat IMHO. Cash is the best way and the fastest way to purchase something you want. Cryptocurrency is only relying on technology(which is internet and devices) in able to use them. Imagine how inconvenient is that? If you don't have that technology. You can't buy anything because cryptocurrency don't have physical appearance unlike cash. Cash can has a physical appearance. So you don't have to use technology. Just give the money. That's it. And most of all, cash is accepted everywhere. Not all countries are accepting cryptocurrency. So it's hard to imagine that cash will replaced by cryptocurrency. But who knows? Only time can tell us what will happen.

It wont be anytime in the near future. You will have to have mainstream acceptance of bitcoin and a couple more. Then you will have to have global breakdown in fiat currency which could happen. There would also have to be a system of taxation put in place for governments to allow that to happen. They will want their piece. Then there will be transition time and finally that may happen.

fiat will not be replaced by cryptocurrencies, they'll live together

But I think .Bitcoin ,one of the Altcoin will replace the Currency System.I am dam sure ,it will happen in future.The price of bitcoin is around the value of 5500$ + now.So soon ,the bitcoin will replace the dollar and then followed by the FIAT.All the using currency will be replaced by Bitcoin soon.You will see this in short period of time.

Exactly Fiat never be replaced even digital currency couldnot able to make it lots bank and private wallets providing digital currency most of the people not using they used to with fiat even its providing instant payment.It may take decade or more to adopt crypto currency where huge transaction delay that has to overcome.

We are a long way (meaning decades minimum), if it's even possible, from that happening. 

I believe that the replacement fiat for crypto currency in the near future is impossible. This can be done in a society where the economy will be well developed and advanced technologies are introduced, and citizens should have the necessary knowledge and practical skills in crypto currency. In countries with a low level of economy, in my opinion, this is not possible at all. It is difficult for me to imagine a grandmother trading in the commodity market, which will take a small amount for the vegetables grown in the garden to take bitcoin.

I don't think it is possible to replace fiat.

I wish I can say very soon but cant because it would take mass adoption for everyone to use cryptocurrency.  The general public would need to learn how to use, pay, and receive payments with it.

But in fact, we do not need the money to be completely replaced by crypto-currencies. We need recognition of crypto currency as a payment instrument or property. This will have a very positive effect on the holders.

There would be a bunch of people from the Government wanting to take over the currency listings and there would be a bunch of people trying to get the most for what they have. It'll be hectic.

Maybe around 5-10 years but maybe will need a lot more. But i dont think they will replace fiat 100%

I think the correct reply is NEVER.

That said - if the world ended and no humans existed - then it would be then.

The thing that most people dont get is that FIAT is already a cryptocurrency - the technology for the cryptology is just different. They use water marks, special paper etc to encrypt the note so it cannot be copied.

Maybe the question should be - will all currency be one day de-centralised? Then you will understand why in my opinion the answer is "never".

FIAT will never be fully replaced as long as people value physical assets (which are inherently easy to centralize)