Topic: Is the presence of Bitcoin able to wipe out cash? (Read 853 times)
I think its better to let the btcs be there only where they deserve to be and let fiats count their values
In future even though if btcs is replaced, then it will be an unofficial declaration because fiats will be First Govt. priority always
As it is famous today. that Bitcoin is the solution to the weakness of cash. Many people are switching from cash and using Bitcoin.
If this continues to happen then the cash will be destroyed.
what do you think about it?
will Bitcoin be replacing cash?
what if the cash impact is no longer used?
I think that this can not happen in the future because the virtual currency is not big enough to have the destruction of the cash. In the future, maybe the virtual currency will do this. If this continues to happen then the cash will be destroyed.
what do you think about it?
will Bitcoin be replacing cash?
what if the cash impact is no longer used?
The whole nations are still against btcs. Fiat groups are pressurising Govt to ban btcs at any cost. I don't think they can in the situation
As it is famous today. that Bitcoin is the solution to the weakness of cash. Many people are switching from cash and using Bitcoin.
If this continues to happen then the cash will be destroyed.
what do you think about it?
will Bitcoin be replacing cash?
what if the cash impact is no longer used?
I do not think Bitcoin can remove the cash; some people believe that virtual money is overwhelming the market today. But money is so familiar to many people that change is difficult. Many countries. If this continues to happen then the cash will be destroyed.
what do you think about it?
will Bitcoin be replacing cash?
what if the cash impact is no longer used?
The bitcs are able to wipe out many weaknesses of the fiats and so fo that many people are preffering btcs rather than fiats
Depends on which country you're living in. People need to understand the problems with Fiat and know the values of Bitcoin.
It may happen if we can educate every single people in world about net and btcs and which is practically impossible
Never because not all the countries will rely upon these volatile bases more than solid currencies
If such would happen then global economy will meet a crash and total fall
Yea it may happen, but in dream LOL
I think it is possible. But it will take a long time before it happens. It needs to be accepted by a lot of countries first, and the citizens itself.
As many above, I do not think that the Bitcoin could replace / wipe out cash. It is about trust. Many people, even the young, still could not accept the virtual currency.
bitcoin won't wipe out cash. but the tech behind can - blockchain
I am not quite sure of the solidity of btcs to bear the load of global currencies
That is quite possible in the very far future. Paper money is circulated, produced, managed, maintained with the supervision of several government entities. Bitcoin with anonymity, it has not been validated in practice. Will the government let this happen? It affects the economy of the country.
Looks like Bitcoin will get into trouble for talking about currency/cash.
Reduce the share of cash, but do not wipe
not like that in fact .. cash is still needed.
I would rather say that it is not impossible looking at the growing craze for the bitcoins
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