Topic: What will happen if the all countries convert to cryptocurrency? - page 15. (Read 12677 times)
April 28, 2019, 09:17:56 PM
I agree to cryptocurrency, so the price of bitcoin will be more stable, compared to now. this happens because more and more people are looking at bitcoin, so it's distributed. and it will be difficult for the pope to manipulate it
April 28, 2019, 09:02:52 PM
If every countries are ready to accept the cryptocurrency it will be a great change in this world because no other country will not ready to take a chance about accepting the cryptocurrencies in their country so I think it will be a good change for the economy and also good thought for the next development in future
First of all, it will not happen. Secondly, each country can have its own cryptocurrency to buy/sell things quickly on the Internet. In this case, their tokens will be used only inside their countries.
April 28, 2019, 08:04:34 PM
I saw a lot of conflicts on using it as a payment terms if all other kinds of payment will be eliminated or replace by cryptocurrency. However, if cryptocurrency will be only added as another option for payment options then it would be better.
I am agree, in our current economic system, central banks hold important part. If every government using cryptocurrency and there is no central banks, its hard to measure the economic because anyone make transaction peer to peer. I am prefer agree that crypto as digital asset
April 28, 2019, 07:56:24 PM
Cryptocurrency market is influenced by activities of investors and traders on the market, thus the selling and buying orders determine the trend of the market. In order to attain a bull market, the buy orders must outweigh the selling order and vice versa. Once all countries go crypto, more funds will be brought in and this will increase the market value and as new investors join, there will definitely be a rise in prices of the coins on the market.
April 28, 2019, 05:28:24 PM
If we can saw all countries converting to cryptocurrency im pretty sure one of advantage would be the price boom,maybe this is where we can see the true price of cryptocurrency specially bitcoin.People using crypto will ease their life because you can pay almost everything from bills to other stuff on home using crypto
April 28, 2019, 09:53:11 AM
I don't have any problems to use cryptocurrency as payment like in different stores who accepting cryptocurrency and other payment at the online world but we know that we still need because they have other uses of thiis and other use of crypto. I believe both will need but better to adapt cryptocurrenncy also as long as the money will not abolish.
April 28, 2019, 09:34:52 AM
If all countries convert to cryptocurrency , there will be a big change in the global economy. Then the demand for the cryptocurrency will be greatly increased. Yes, there will be a lot of benefits when all countries in the cryptocurrency are converted. People can easily do their daily work with the cryptocurrency. Then the exchange will be very easy, people can perform all the tasks through their smart phones. Again, there will be some disadvantages, but I think the probability of all countries not being converted into a cryptocurrency is more likely.
April 22, 2019, 01:55:19 AM
if what you expect happens then the crypto currency really has become a global currency that is accepted throughout the world.
and after that the FIAT currency became worthless and no longer used.
Which cryptocurrency exactly? I don’t think that’s going to work, and if it’s going to happen, there will be different cryptos that every country will be making use of, it’s not going to be one currency. But I don’t think all these are going to work. The reason some people here are talking about Cryptocurrency and preferring more than fiat is because they think it will give them freedom, but I don’t think that’s true.and after that the FIAT currency became worthless and no longer used.
If all countries are converting to cryptocurrency, it is not going to be Bitcoin cause every single one of them are going to have their own currency, and these I believe are going to be issued out by banks. Banks are going to start making use of the blockchain technology and everyone will be prompted to deposit the cash they have into banks for it to be converted to cryptocurrency.
April 18, 2019, 04:27:13 AM
If all countries will decide to convert to cryptocurrency there will be a chance that the market will become more stable and a lot of stores will start to accept crpytocurrency as a payment. Cryptocurrency can also help a country to improve their economy by helping a lot of people who does not have any source of income, so they could provide all of their basic needs. A lot of people will definitely start trading and investing in cryptocurrency, so they could get started to get more income. If they will do trading they should use a best trading platform which such as Darb finance, it has great security features so you can make sure that all of your assets are safe and secured. It is an exchange of fiats and crptocurrencies and at the same time can be also used as a wallet.
April 18, 2019, 02:57:04 AM
If this happens then when all cryptocurrencies are more or less stable, then many states may well save themselves from being dependent on the dollar.
I do not see the situation when cryptocurrencies can be stable. That is why I doubt that all the countries will start using them as the main currencies. It will be too risky for economics.
They are part of the big market, we should know that they are existing and they are vital as it could help us by giving an option if we like to convert our coins to see it stable. As this market progress, a lot of development will take place and the best interest of the many will definitely be serve.
Indeed . stable coins are stable and helpful but we are talking about cryptos here . in case that all countries all over the world will join cryptos , i dont think that cryptos will become stable but cryptos can rather become more volatile or unstable , why ? Because the demand will not stop . people will buy to often and they will also sell often . cryptos will only be stable if the demand will be lessen but thats not possible to happen because cryptos are now becoming popular .
April 18, 2019, 02:36:30 AM
If this happens then when all cryptocurrencies are more or less stable, then many states may well save themselves from being dependent on the dollar.
I do not see the situation when cryptocurrencies can be stable. That is why I doubt that all the countries will start using them as the main currencies. It will be too risky for economics.
They are part of the big market, we should know that they are existing and they are vital as it could help us by giving an option if we like to convert our coins to see it stable. As this market progress, a lot of development will take place and the best interest of the many will definitely be serve.
April 17, 2019, 12:27:02 PM
If this happens then when all cryptocurrencies are more or less stable, then many states may well save themselves from being dependent on the dollar.
I do not see the situation when cryptocurrencies can be stable. That is why I doubt that all the countries will start using them as the main currencies. It will be too risky for economics.
April 15, 2019, 11:58:08 PM
If cryptocurrencies are adopted in the near future as a payment method for payment then i think it would be a good idea and the little problem i have with that as of now is the slow speed at which some blockchain networks still operates. A clear example is bitcoin as it is only able to do about seven transaction per second. This rate at which transactions are confirmed is very slow and it would delay with payments.
April 15, 2019, 11:46:43 PM
If every countries are ready to accept the cryptocurrency it will be a great change in this world because no other country will not ready to take a chance about accepting the cryptocurrencies in their country so I think it will be a good change for the economy and also good thought for the next development in future
First of all, it will not happen. Secondly, each country can have its own cryptocurrency to buy/sell things quickly on the Internet. In this case, their tokens will be used only inside their countries.
Sgenuine it will happen. We can argue about that, you have your opinion and I have mine. I will throw few arguments:
Entire world using crypto-currencies is full adoption, it`s what most of us is waiting for. We are going into digital future,
everything will be online, money will be used online, can you think something better than Blockchain is?
Will countries develop their own crypto-currencies or they will use existing one depends from many factors. One thing
is sure, everything will be connected on higher level than ever before.
April 15, 2019, 10:56:19 PM
If every countries are ready to accept the cryptocurrency it will be a great change in this world because no other country will not ready to take a chance about accepting the cryptocurrencies in their country so I think it will be a good change for the economy and also good thought for the next development in future
First of all, it will not happen. Secondly, each country can have its own cryptocurrency to buy/sell things quickly on the Internet. In this case, their tokens will be used only inside their countries.
April 15, 2019, 01:38:44 AM
Not to disappoint you but thieves are always anywhere. Because they just don't care about how others feel. They might have an upgrade for themselves. We might just call them "Cryptothief". If you have learned already there are so many hackers that does these things anonymously. The old world thief could harm us physically and put our lives in danger, but those hackers saves both, as they don't have to go anywhere to rob somebody physically. They would only need a computer and a victim that doesn't even know what security measures to take to avoid getting hacked. Not to be so negative, I think on the other hand these upgrades to virtual or digital currency is better since you can do transactions easily and get them paid in an instant. The payment could go directly to where should use it. For me the whole system is good but I do think that there will be so many changes to happen before anything and all can be converted into the digital world. There is always this great concern about regulation. This I don't know if it will be made just loosely possible without it, since money is always regulated by each of the government.
April 14, 2019, 02:55:34 PM
Now that more and more countries are starting to go cashless (http://www.bbc.com/capital/story/20180427-does-a-cashless-society-benefit-everyone), is it possible that we also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages? Paying virtually is very convenient for me as I do not have to bring cash and it prevents petty theft but what is the disadvantage?
if all the countries accepting the cryptocurrency the first and foremost thing is very slow normal currency in the world is available and it will be totally being cryptocurrency field occupy everyone's life and there will be both negatives and costumes are available so need some proper regulation will make it more good for everyone. April 14, 2019, 11:55:44 AM
When and if the world decide to identify a single currency such as cryptocurrency then the real aim of globalization will be achieved and the world economy will be fused into one then the advantage will be easy process of carrying out transactions with a very low fees played on cross border transactions, and the disadvantage will be the world power countries will fine way to control the currency and at any time influence it for they country advantage.
April 14, 2019, 09:40:58 AM
Virtual currency on a centralized Internet? Not a very good idea in my opinion. Not even safe for every law abiding human.
What happens if the Internet goes off completely or if a virus/global tyrant seize or destroys some virtual currencies lawlessly/unjustly...we'll have no physical cash to fall back on.
What happens if the Internet goes off completely or if a virus/global tyrant seize or destroys some virtual currencies lawlessly/unjustly...we'll have no physical cash to fall back on.
April 13, 2019, 11:48:08 PM
if what you expect happens then the crypto currency really has become a global currency that is accepted throughout the world.
and after that the FIAT currency became worthless and no longer used.
and after that the FIAT currency became worthless and no longer used.
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