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Topic: Is crypto capable of making the world go digital? - page 12. (Read 4265 times)

full member
Activity: 966
Merit: 104
Although many people have understood the cryptocurrencies idea and has learnt much about it but I don't think crypto is the only thing that can make the world go digital.
Judging by the development of humanity, our world will not be able to become digital for a very long time. A global catastrophe is enough, and again we will deal only with the vital problems of survival, which has happened more than once. In addition, now the cash of the states, non-cash money and cryptocurrency will continue to develop in parallel and no one will crowd out.
sr. member
Activity: 1022
Merit: 264
Maybe somewhere is 100-200 years almost everything will be digital , but i would not like that . People already spend too much time on games / internet and on the phones . Just check when you ride some public transport how many people watch on the phones =D
legendary
Activity: 2534
Merit: 1338
This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.
Most of the transactions around the world are already done in digital form so we do not need cryptocurrencies for that, we need cryptocurrencies to protect us from the tyranny of some governments and in the case of an economic crisis to protect ourselves from the huge devaluation that fiat will suffer, obviously cryptcocurrencies will help with other stuff like cheap transactions and being the true owner of your money but making the world go digital is not one of them.
copper member
Activity: 434
Merit: 0
In fact, blockchain technology has a lot of potential but it is limited to only a few areas. Well the world is already digital. Yes it is so much that the world is becoming more and more digital and it is possible that in the coming time, blockchain will be integrated into almost all areas, because this technique is very transparent, low cost and more Is effective
member
Activity: 238
Merit: 15
Although many people have understood the cryptocurrencies idea and has learnt much about it but I don't think crypto is the only thing that can make the world go digital.
copper member
Activity: 658
Merit: 284
This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.
Indeed, I think the cryptocurrency is changing the financial system as we know it for good from traditional paper money also known as "fiat currency" to the modern age currency which is a purely digital currency - the real cashless economy. I think there would be a massive adoption of cryptocurrency in years to come because the cryptocurrency is providing the new medium for people to use money in the whole another level, with more privacy, security, reliability, and speed.
copper member
Activity: 48
Merit: 0
You are absolutely right, blockchain technology is a very revolutionary one. In fact it is the ability that it will make the world cashless. Almost all countries have adopted it. The transaction is completely digital by crypto, which means the world is becoming digital. Today is everything purchaged by online, which is also being paid in digital form. In changing the world, digital Blockchainn technology will be a great contributor.
full member
Activity: 686
Merit: 104
Yes, crypto has adopted blockchain as their transaction technology and it is ideal for all digital activities. especially when going to buy digital goods, online transactions, and top up games. if all countries adopt crypto as the main payment, it will definitely be simpler like the Wechat used by China as payment, even street vendors.
sr. member
Activity: 726
Merit: 250
This is completely possible to make the world become digital. Because the world is the technology now that Bitcoin along with the applications into the present life is very good and practical.People will be wiser than when they apply for a lot of advance the life of technical application.
sr. member
Activity: 714
Merit: 250
This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.
I agree with you that you might be able to make the world a digital one right now. I feel almost all digital and I am rather dislike because we live in a world that must be real.
full member
Activity: 438
Merit: 100
We live in the information time and what is happening is absolutely normal. World without cryptocurrency is partly non-cash. Cryptocurrencies are a kind of evolution of the financial system. But the adoption of cryptocurrencies as a means of payment and the abandonment of the Fiat currency will depend on the decision of the government and banks.
full member
Activity: 588
Merit: 100
This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.

Yes crypto is making the world digital,sooner all transactions will be digital going to the high technology world.This is what the U.N. waited for,to a one world currency to a one world government.
member
Activity: 364
Merit: 10
AS far as i'm concerned , the government will not allow the world lead to a cashless society , as this  is to be true , the government find it very hard to control, thereby society is so complex and complicated
I think as we go along those government will find ways how to control the complexity of the implementation of a cashless society. Blockchain can help it to solve those complex problem that we have. I just hope that those government has plan into a cashless society as we need to sync with them.
full member
Activity: 630
Merit: 100
Circumstances are telling that use and demand of crypt making a digital world for every field in any business and helping to improve the transaction maintaining problem. Because with block chain system totally help to keep the save all the transaction that has happened so far. It is a plus point and benefit for any Enterprise or company. 
jr. member
Activity: 196
Merit: 1
Of course. The fact that crypto is the future of money, is indicative of a future digital world. Technology is at the cusp of revolutionizing the world. It’s not just crypto –it’s artificial intelligence, 5G and other booming technologies like AR and VR. Do you agree?
newbie
Activity: 45
Merit: 0
It will be difficult for the world to go completely digital because the governments are trying their best to not allow crypto to take over fiat currency. As you must know that fiat currencies are the most accepted form of currency across the globe, however, the love for crypto is blooming with each passing day and quite possibly this thread has also added a significant traction to it. So, it will not be preposterous to say that the cryptocurrencies making the world completely digital is not highly unbecoming as there's no stopping them anytime sooner.
full member
Activity: 405
Merit: 105
This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.

Of course it is. Since cryptocurrency is a digital currency then for me I think it is possible to make the world go digital. It is a new technology that can make all of thongs possible. As a matter of fact, it is now use as a payment systems and can be use in transaction through digital technology so overall it is capable.
brand new
Activity: 0
Merit: 0
In the industrial revolution of the 4.0, Blockchain is considered a "key" technology for digital convergence and building a future information technology platform. With the ability to share data information transparently over time. The space saving and high security, blockchain technology is one of the breakthrough technology trends, can be widely applied in many industries and fields.
hero member
Activity: 924
Merit: 500
It is only natural that cryptocurrency makes the world more digital and with the existence of cryptocurrency supports the digital era, which at the moment I see many who are developing digital platforms and cryptocurrency can be one of the best solutions for the world of digital or digital currency payments.
jr. member
Activity: 196
Merit: 4
cashless mostly means currency without physical form not without fiat. the fiat as we know it today can change form as it has already changed its form multiple times throughout history from goods to physical coins to paper then finally to digital and possibly to cryptocurrency.
up until cryptocurrency has already occurred and the world is mostly digital now but I don't think we will see it turn into cryptocurrency yet. and when it does it will be a form transformation not the way it works fiat will still be centralized and work the same way as before.

Interesting idea. Is cryptocurrency truly capable of turning fiat into one? If this happens, then will it not have even more competition with bitcoins and altcoins? I wonder how stiff the competition will be, and what the price of these new coins will be. Any ideas?
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