Bitcoin Forum

Crypto is the beginning of an alternative monetary system. The next stage in the evolution of money.

A system where (crypto) currencies are actually forced to compete for market share. What a concept!

Government-backed currencies have operated as monopolies for far too long. There's no innovation. Fiat money is simply a blunt tool for controlling people.

Crypto gives me hope that we can build a better system... and eventually end the central banking system.

I'm not alone in that hope. Millions of people are now betting on crypto to change the world.

I believe this is what's really fueling crypto's rise. The widespread desire for a system that is fundamentally different and better.

Sure, speculation and profit-seeking play a role. But people don't just invest in crypto... They join it, like it's a movement.

So the next time you hear somebody mention tulips, bubbles and crypto in the same sentence, consider giving them a different perspective.

But there is no denying that there is a lot of speculation, and if the future of cryptocurrency can be replaced by fiat money, then the bubble needs to be eliminated.

It's silly to argue that a crypto currency can change the system of social order. It can largely squeeze ordinary money from circulation, and no more. The usual money went and will go as long as there are states that print them. The banking system in the near and distant future will also exist as a financial instrument of the state. The change of all this due to the development of the crypto currency is a myth. States allow the existence of a crypto currency, until it affects their interests. As soon as a serious conflict begins between them, the states unite and the crypto-currency will be outlawed under the fear of criminal liability for engaging in it. This activity is difficult to track on the Internet, but all this depends on the desire of the state, which has extensive methods of coercion.

Money is a fascinating subject; we'll see what happen, the future seems very interesting, even if I'm very skeptic that cryptocurrency will replace fiat money. Probably, government will find a way to control the cryptoworld. I'm curious.

As innovations are being felt, I do believe that the idea of having cryptocurrencies as our money is futuristic. I do believe that there is a big possibility that we will be using them for everyday transactions just like how we do with out banknotes right now

Doesn't matter how great cryptocurrencies are, I do believe there will always be people not trusting it (because it's decentralized). But as far as I know those people are there too for centralized money, so not everyone will be happy eitherway.

I think ending the centrally backed banking system is not going to be a thing. We have to rely on fiat to determine the value of all the crypto we own at the moment, so you aren't going to overthrow your opponent if you need it to define yourself. And governments are never going to allow fiat to disappear, so I think cryptocurrencies will continue to exist as an alternative to fiat.

Power to all seems scary only time will tell if this is the concept of the future or promising idea which failed

I, too, do not think that the crypto currency will change the system of the social system, change the world. Yes, a growing number of people are interested in the crypto currency, but the heads of state will not allow the usual money to be squeezed out of circulation.

You are probably right. With the cryptocurrency of the future. But certainly not "tomorrow". And the day after tomorrow. The world is not ready for that yet. Strong of this world will not allow him to change. But in the decades cryptocurrency wins Fiat money.

To be honest I have long term goals and short term goals on this environment. I do want to make some profit short term as an early adopter of this technology, but as you said, now I am in for the long term.

I absolutely agree with your point of view. Cryptocurrency is a wonderful courage to change the monetary system and the essence of the economy as a whole. People only need some time to understand and accept it.

I agree. It's a new era, cryptocurrencies have the power to change the world, but I don't think that who is in power will renounce to control.
Probably, they'll launch a pseudo crypto, with the possibility to control the blockchain

Crypto is the beginning of alternative method of earning money. Crypto currencies will change the social system.Now the growing period people are interested in crypto currencies.

To be honest , the future of money are still clear and function like normal. So the point are cryptocurrency have their own place to be stand as digital comodity. And to replace the function of fiat as "a valid payment instrument" still difficult because it must have many regulation. And for me I just agree crypto just as a Digital Comodity.

money in future years later it seems to be always the main thing worked for human needs. and in the current era then cryptocurrency had started being the fruit of the lips in the community, hopefully, later cryptocurrencies continue to thrive because its technology is very useful.

future currencies are likely to experience differences from each country, some countries that adopt blockchain technology will still use the FIAT currency, and the currency is regulated by the state authorities
but every transactions conducted by state officials will be more transparent

I really like your point of view, this is a bold idea. With the development of our science and technology, this is not a fantasy.

It is definitely a different thing in the current world. Crypto's widespread is abundance and growing more. Although this movement is growing the community I do believe that many are in this community just to make more money and not using the technology to provide a better banking system.
Also, there is an issue with the system and that is instability of price. Crypto's huge volatility can never make it a better banking system since a currency should have a fixed value for a certain amount of time to be used as payment method. The changing price would definitely create problems while making payments.

The future of money is here, but can’t be seen inside the US. In countries like China, most people don’t carry cash or cards anymore, just cryptos. Even in Africa, the use of cryptos is more widespread.

Many of us were present when the ".com" bubble popped. We are talking about CISCO loosing 80% of its value and many huge companies falling to the ground (e.g. Worldcom). It is nasty to see it, but all I can say is that those companies that were delivering real value are still in there.

Now we are at a turning point: we are going toward a cashless society, but the real question is: will the future money be centralized or decentralized? We'll see.

The future of money is hidden in technology and this technology is currently being driven by blockchain. I strongly believe that digital money will rule the world in the nearest future. We are just beginning.

The future of money is Cryptocurrency but there's no specific which digital money would do the entire world is using it. Definitely not Bitcoin or Ethereum or other Altcoins but Israel, UAE and some cryptocurrency friendly countries are on their way into the development of their own state backed currency that would likely to be the main digital currency. Their economy and trade will also powered by their own cryptocurrency.

Money will be dematerialized, but fiat can never be decentralized

But this revolution in money we are seeking cant be achieve fast,government started to regulate cryptocurrencies in other countries.

Since at the beginning, the future relies on technology, technology advanced countries are more powerful than than relying on their own resources.
This is the future of economy and trade, cryptocurrency will be the must adapted technology in order to earn more profit than ancient ways of business.
Now I know I'm stepping on the future as I started to get more money by earning through cryptocurrencies.

There will be one world one money in the future but I do believe not today and not this decade or next because everything must be gone into a long process for massive adaptation.
Soon enough we'll not handling money in our pockets but rather through digital wallets of cards are enough to make trades and transactions.

They started to regulate cryptocurrencies because they afraid that these digital currency will sabotage their sovereign fiat and resources. Thus, countries that are cryptocurrency enthusiasts they welcome the future of economy and trade and would help to boost their economy through embracing the future of money.

Bitcoin offers something groundbreaking, and a growing number of national banks, including the Federal Reserve, are interested in using blockchain technology to power a centralized national currency. Most experts agree that, in the future, countries will turn to cryptocurrency, as money is already moving from the physical to the digital realm. So a method that secures digital transactions is a necessary investment, and the blockchain technology used in cryptocurrencies is a top contender.When it comes to the future of money, cryptocurrency’s influence will be felt in its improved ability to avoid technological problems like hacking.

Along with mass adoption, I thin projects like the bee token do a good job to capture crypto people and those that don't know about it. Their platform will be one of those that convert many people to use crypto. Also love the idea of a decentralized Airbnb that charges 0% commissions. https://www.thebeetoken.com/

Eventually, I would expect that governments and major companies will use Blockchain technologies to track the history of transactions. It's more secure and gives someone like the government the power to carefully watch every transaction ever, without needing to ask you to tell them about it. It's like a dream scenario for them.

There will need to be a demilitarization of earth for "Decentralized" currencies to fully take hold. I don't see that happening in the next 50 years, but it sounds like a lovely goal.

Well said. Of course, crypto is more than something you can hear from those who are interested in not changing the old system. Not correlatively more. And maybe someday we'll play enough in such a game as "Money" and the future of money will consist in their uselessness.

Money will not be lost anywhere, because this is one way to manage society. Crypto currency will remain an alternative way of payment.

Definitely, digital money is the money of the future.
The future has already begun.
Of course, it will take some time for this trend of economy to become a present, but we are part of this great project and participate in it.

Money evolved during all human history, and every time there was a major change, there were resistances.
(think about how difficult could be to explain the idea "paper in change of gold".
So, now we are in another major change, and there will need time before everyone accept the idea of cryptomoney.

governmental programmes all over the world will be directed on not allowing cryptocurrency overcome money. it will take at least a generation to make them equal as for me.

There is an unseen war between cryptocurrency (decentralized) and electronic money (centralized).
One brings freedom, the other dictatorship. The real problem is that very few understand the difference.

I think Crypto is the new internet boom and those involve in are genius and will be far ahead of their colleagues who have chosen not to accept crypto in the hope that it will go extinct or defunct very soon.

Agree. Though the crypto is booming, it will not take the place of cash. They are two rather different things and do different things.

Crypto system now has already hazarded any country's interested as monetary system is there foundation of ruling.
As the folks deprived there monetary system, country's function may be not intact.
And now there are too much Crypto system that confuse the folk to choose.
To those aspect, we still need to do more than just feel good

We can't deny that cryptocurrency is really an amazing thing that happen in our time but the speculation for the elimination of fiat money through this is hardly to believe as it is under the power of the government and cryptocurrency is an independent existing from the authority. Also not all places cryptocurrency is useful, these reasonable thing for me makes crypto hard to do in relation to your statement.

the money in the future is certainly the longer it will be more practical and simple as more advanced technology usually people increasingly don't want to hard-especially in the matter of payment. Thus it looks like altcoin is one practical way in the system of money in the future.

Almost every enterprise in the world is involved in the blockchain industry, so blockchain will change the world. If the enterprise does not learn the block chain, it will be eliminated.

we already experience the good future in crypto now because it's so conveniece to use that's why it's run and even without investing or some jobs here to earn we can still use this to transfer money in different countries,i think also it's create many jobs and that's why it become so popular another thing that can crypto brings are the many knowledge about everything here so even it's only like that many of us still going to use this.We already have future now so if it's continue to grow or become more popular i think in the future we can call it "international money" because of the conveniece that digital money can brings.

Crypto in the future may improve the central banking system but can never end it...only to compliment.  The world is too diversified to be considered one and gradually the intro of crypto has tried to unify the currency system.  There are so many speculations that crypto is the future of money.  True it might be but its volatility has prevented other countries to accept it.  Other countries welcome digital currency because the consummation of transactions are much faster.  Crypto has much improved the banking regulation system to suit to the innovation of this cryptocurrency and at the same time take necessary measures to prevent money laundering.

I think crypto and fiat money will go side by side in the future.

Bitcoin, whose credibility took a hit with the spectacular collapse of its largest exchange, Mt.Gox, in February, may not dominate the world as a virtual currency in 25 years, but the idea of digitized money may. And the reason is as old as capitalism itself: lower costs.
From a purely technological perspective, the ability to pay anyone instantly in any currency exists already, with minimal or even no transaction costs. Banks are resistant to such a no-fee money marketplace, because they now profit by acting as intermediaries for transactions. In the coming years, however, "insurgents" will make those transactions easier and cheaper

It seems indeed crypto like as created for the future of more modern money and more useful from all its superiority. Well it looks so far that so many people are so closely related to crypto, so many people are now seen as fixed on crypto rather than regular job with a various efforts made such as investing, trading in particular.
But I don't think all the governments of all countries will really support and really point out that crypto in the future would be a currency that's very important role in the country. And I don't think the all governments of each countries would be have a same thoughts about crypto.

I think crypto and fiat money will live together for a long time.
crypto is not strong enough to replace fiat money

I think that modern financial system that rely on banks will stay in future. The only most important thing we may expect it is transformation of this system in the field of transferring and holding information.

I believe encryption currency is very optimistic for the future, because now more and more people are involved, many countries are now with the government support the development of encryption currency, encryption currency may in the future you will replace your current currency

Cryptocurrency is a challenge to the present finance. It broke the monopoly of the banking sector. More and more people are beginning to learn and understand cryptocurrency, and hope that in the future cryptocurrency will be able to create new technologies to serve human beings.

Perhaps, quite soon humanity will live without money. Abolition of fiat with each passing day is getting closer and more real.

The financial institutions won't throw in the towel but they will evolve and learn to provide better services that will flow with their customers. The great thing about crypto is to let the Government and Banks know that money is no longer in the hands of the elite. It is now an open market

I completely agree. Who will be the first to use blockchain - that will be a success. This is already understood by many large companies and banks. This is the future. 8)

This is a nature of development. As you can see now people does not carry much fiat but creditcard (in a term it is electronic money - although it is not decentralize).
However, the day that we use crypto in real life is still far. We kind of need a value stable crypto (USDT might be) to actual use it in real life.

In the history peple were using some metals and food to exchange products. Now gold, silver type of coins (money) existed. People started to use them, then paper money came in. This is a progress and paper money will last soon.

In the future, cash will gradually be replaced by cryptocurrency because of its convenience as well as its safety. Over the next 20 years, as people move their transactions over the Internet, cryptocurrency, especially Bitcoin, will leverage its strength to become the most powerful currency in the world at the time.

Now there is speculation that the future is unpredictable, I hope that money has a good future, after all, I invested some money, so for me, also can get some good high returns

Crypto currency is a currency in the future that is currently not yet accepted by some countries and already there are some countries that have received crypto currency, maybe fiat money is still the main currency in the whole country because to show the currency in each country while Crypto Money that is unacceptable may not be able to fund state money, and state governments still need taxes that can result from money transactions. To build the country from taxes.
maybe it's in my opinion and one's opinion may be different from my opinion.

What money are you investing? money is not a good investment because the value is subject to inflation.
The good investment is the cryptocurrency like bitcoin because the price will continue to rise due to its limited supply, also there are altcoins in the market which is a good choice of investment as well.

More and more enterprises are getting into the blockchain, and in future we'll see blockchain based banks. Eventually, most of the people will move to digital currency. However hard cash will remain there for centuries.

I believe that bitcoin will not replace money, everything will remain as it is. earn on the stock exchange - translation on the map. Just think what will be the taxes.

Nobody knows what will happen, things are moving too fast to make any decent prediction.
I think that the more scaring idea is just that anyone will have a kind of qr code tattoed somewhere, and will use it to pay :(

Though cryptocurrencies are becoming widely used by individuals but it doesn't mean it will make fiat money to disappear. The acceptance of crypto by the community isn't totally a 100%, considering that not all establishments are accepting this currency.

They will stay what they are and will not be replaced by cryptocurreny. Fiat are the representation of a country so i don't see any circumstance that a country will choose cryptocurrency as a national legal tender, governments might support this currency but not to the point they will replace fiat with it.

You are right.
Fiat as our international currency is recognized around the world as the main medium of exchange. Considering that there are countries that still follow the barter-system payment, introducing cryptocurrencies as main currencies will not be feasible due to economic discrepancies per country. Also remember that half of the population around the world are living in poverty and have no access to the internet. Lastly, cryptocurrencies in general exist within the internet and is intangible compared to fiat. It is easier to have something that you can hold-on as to something that can be potentially hacked in the internet.

We are all still not yet sure about the future of money. If it is still be fiat or cryptocurrency will replace fiat or vice versa. But I hope that even if physical money will be the one used in the future, I hope that cryptocurrencies will still remain usable at that time, and I am expecting that the market of physical money to digital money dwells.

Yes, the individual usage of cryptocurrency keeps growing. The same doesn't gonna make the entire fiat money get disappear. Very few countries has created their own digital currency, in future looking upon the economic growth experienced by those countries other countries too might get into cryptocurrency usage.

I am seriously doubting that crypto will change the world the way that we will get rid of the central banking system.

I believe most of the people are here just seeking profit and not dreaming of different world.

Cryptocurrencies are indeed an evolution of monetary system but i dont think this can eliminate the central banks. All of us wanted to have a freedom on our transactions with no other third parties involved but if there is no organizations like central banks who executing peace and order to transactions, there would be a chaos.

Blockchain is more than a coin or money, it's a technology revolution.
From traditional network to peer to peer. it cab be use on many real use case in live.

I think the future is bright, but there are some bubbles in this market, it grows too fast without consideration about the fact.

Global monetary system is just observing and speculating pejoratively against bitcoin at the moment. But it is up to join the game because virtual market came to stay and stabilish the new procedures apart banks and vintage financial institutions. Now is the right time for virtual market give the route for the future of the money. The moment is more than favorable for it. It's a question of opportunity and planned crypto methodology to settle definitely the innovative and fairly way to multiplicate prosperity for all as we never seen before!

There's a saying that 2018 economy will crash. Digital currency is booming with no doubt, but would it get big hit when economy crashes?

I think it's better to keep a balance of real cash and digital money just in case. Cuz you never know.

I think that the next generation, in the future cash with the change of like cryptocurrency. Cryptocurrency is a unbeatable digital currency. Crypto is the beginning of alternative method of earning money. Crypto currencies will change the social system. In the future,  cryptocurrency is change the way of earning money.

its true but if there is still fiat money out there its jard be come true. the only way is goverment need to burn all the fiat money and make a cryptocurrency instead for money. cashless society would be real but not near our future.

Real money for all you need! But may be future of money in iOT world is crypto! Because real money verry dificute used via internet!

The old world money system has become far to corrupted, just look at the number of fraud cases from the big banks involving rate manipulations  in virtually every market. They have used the excuses of creating a stable market which they view as good, what you can see with the so called "bubble" in crypto is true free market demand and supply. The FIAT system needs to change it is the worlds biggest Faucet.

Crypto currency will change the whole money networking system in the future,the fiat currency is centralized and it is controlling by the governments but most of the crypto currencies are decentralized and we have the full control over our money.And crypto currency is more secured from fiat by terms of stealing but we need to have a good wallets for our coins and need to keep our private keys secured or someone else will take all our money and those incidents are happening now due to not enough knowledge among people about the private key storage.

Let's face the truth. You say "Millions of people now rely on cryptography to change the world. "
They do it just to get rich. Most people are so greedy that they don't even tell their loved ones that others have earned more.

I also see the future for crypto. It's really some kind of financial freedom from the government and banks, and they understand it. And that's why I think rumors spread that the crypt is a bubble.

It will be a new social model, after all, banknotes will have costs, there will be counterfeit money, will be damaged, will be stolen. When cryptocurrency becomes mainstream, there will be tremendous changes.

This is how the cryptology has already burst into the lives of many people and has changed their lives, but in my opinion it will not be able to crowd out all the money we know for a few more years, so let's wait and follow it.

I think crypto will stay with us and it will world payment system

I think that modern financial system that rely on banks will stay in future. The only most important thing we may expect it is transformation of this system in the field of transferring and holding information.

Crypto currency will never replace money. Money will pass into electronic form, but the currency will only be an alternative or complement. There can be no question of any substitution in principle.

The concept of money evolved along the whole history of humanity, and now its ready for a new step.
But I don't think that - talking about the effect on normal people - there will be any sensible difference.

 The future of money is here, but can’t be seen inside the US. In countries like China, most people don’t carry cash or cards anymore, just cryptos. Even in Africa, the use of cryptos is more widespread.money in future years later it seems to be always the main thing worked for human needs. and in the current era then cryptocurrency had started being the fruit of the lips in the community, hopefully, later cryptocurrencies continue to thrive because its technology is very useful.
convince

Cryptocurrency is now approaching for the future but we are already earning it. In my experience I've been receiving a lot of coins since I started joining signature bounty campaigns so I'm holding 'em for my future.
I'm going to use it to fund my important projects like house renovations and buying a new car. 

Any system generally works as long as there is a mutual trust towards that system. Money is not that old invention, it was originally invented to store your wealth and do trades more easy way.

Even still you can see people trading their old furnitures, lamps and decoration to bags of coffee and whatnot since they don't feel comfortable of asking money or for them getting few bills from their old furnitures would be boring or too much like business.

My grandparents were farmers, it was not uncommon to trade part of your crop to other useful assets with your neighbor. Same happens still in many parts of the world. They don't have so much understanding what money even is. You cannot eat money.

The biggest threat i see in cryptocurrencies is the same as in money. Too many people are holding the assets as their wealth and therefore there is not enough circulation for that currency to be efficient or even useful. Also they can easily stirr the markets if they want. Like poking with the stick to the ants' nest.

Purely from the trading point of view - I don't like how they have picked one or few cryptos what you use to trade/measure the value of all the other cryptos with in exchanges. What evidently follows is that when those few selected cryptos go up and down then all the other cryptos more or less will follow the trend (on longer average value) since you are forced to use those selected few cryptos for trading.

I would like to see exchanges where you can trade straight with any pair of cryptos you want and only the historic value (as a pinpoint to a current, real market value against other cryptos) would matter. Only then it is free competition between cryptos and only then the best ones would be the winners on the long run.

Well, we must put into consideration that there a lot of people who don't trust something they don't hold. The intangibility (virtuality) of cryptocurrency sways away people who prefer holding real currencies.

It's doubtful that it would work. The banking system, governments rather not allow the loss of control over money. Unless they release their own cryptocurrency, which they will be able to control. For now, crypto will be an alternative payment method despite the disadvantages of the current monetary system.

We can not deny that the crypto currency is really an amazing thing that happens in our time, but speculation about the elimination of fiat money through it is unlikely to believe, since it is under the government, and the crypto currency is independent of authority.

i am positive that someday cryptocurrency will be the future of our money system. there will be no paper money instead all transactions will be digital. our world is evolving towards the digital age so as our money system. there will come a time that our debit cards / atm cards will all be imbedded in our thumb prints or maybe to make more secure our DNA can also be used as an added security, but no doubt our future money will be this cryptocurrencies which will be regulated by the government for proper payment of taxes.

I agree with you, in spite of the advantages of the crypto currency, the authorities will do their best to keep the existing state of affairs, having access to the printing press. At the same time, those states that understand the advantages of crypto-currencies will develop more successfully, so this is a matter of time.

Well, hopefully we don't need to wait so long to see where it is heading. If they manage to make any decisions now Q1 2018 then EU/UK nations have probably something like 24 months time from that to enforce those regulations and since no country wants to be first to risk of suffering from it then I would guess we will see them practised no earlier than 2020.

http://nordic.businessinsider.com/anti-money-laundering-cryptocurrencies-regulation-eu-uk-identity-2017-12?r=UK&IR=T

to work on exchange as might with the proper on limit as expending unit of displacement to gains of spares with the shifts of differences and work on extent as exchanging to manage as might with the shifts of entrance to attains with the different level of compliance.

Yes i do beilive that someday we will use the crypto currencies as a money in the near future and also innovation felt so good when they do it because it made our lives much more easier and not bring any big money physically

Crypto is the future but who knows for how long? It'd be interesting to see what the next step in the evolution of money would be.  ;D Or if we'll live to it yet, ha!

so I worry about the future of the crypto currency. transactions of crypto currency are not tracked and therefore the state loses its profit-tax. and states will never give up profits. :-\

the money in the future is certainly the longer it will be more practical and simple as more advanced technology usually people increasingly don't want to hard-especially in the matter of payment. Thus it looks like altcoin is one practical way in the system of money in the future.

how it may come that in the near future the future money is this so as i can see a lot of speculations also about this currency that someday fiat money or the traditional may changed for me its a no, but the future money as this currency buy itself it has the possibility that it may happen cause we see the technology are in the next level of.

Yes, that day is not in too far as awareness on cryptocurrencies is enormously increasing everyday which will definitely lead to a situation where people will forget using fiats completely.

The future of money is at peril already as cashless transactions are being preferred my all levels of people in all the countries. If this trend keeps improving in coming days then along with rich advantages of cryptocurrency, people will definitely forget using fiats for their daily life. There will be less chances for fiats to coexist along with crypto currencies as this world will move to better system always.

Talking about this issue is very interesting, because it could lead to interesting debates that futurologists and economists have become an important topic of discussion. But given the growing sophistication in human society, it seems to me that the use of money as we know it today has its days numbered, and I even I have no doubt that within 30 years the concept of money or value will have changed radically.

Centralized money is the main currency in the world and I think it won't disappear so easy because of the governments which have the monopoly over it. Crypto market has started slowly and it is advancing fast in the progress right now but for the decentralized currency to replace the standard paper money it would need a much more support from the community that still isn't convinced into cryptos success.
If by any possibility cryptos would replace the centralized currency governments would for sure interfered there and take a part of the market monopoly.

governments  alway want control everybody so noway they left we use bitcoin without their control. but the world need freedom

I think, that cryptocurrencies have some perspectives, but, we have more then 2,4 billion unbanked people wich cant use cryptocurrencies, also a lot of people don't believe in cryptocurrencies and have missunderstanding with using of it and the process of mining, so, in nearest future we haven't real posibillity to change fiat in crypto and to distroy banks.  ::)

the currency in a country there will be a time will not be as long as the currency will be at the top .... so even with the dollar that became the world currency reference will surely have its ups and downs ... but it can be predicted by looking international market conditions ... one example of a currency that has absolutely no value that is in the currency in the country zimbabwe

the money in the future is still running normally just a lot of money that will exist in the future, because the money is just as a means of exchange or a valid payment instrument and in the future has entered the era of his digital currency so the more money to be made of crytpocurrency such as bitcoin and other altcoin.

This is the future of money while not everyone are aware about Bitcoin and Cryptocurrency as what it is all about but I'm glad I'm earning money while it's too early. I really like being involved into something that is new to the community and equipped myself as an advance adaptor in any aspects of the technology.

It's one of the ways that we can have a true financial freedom that no form of any government could see the status of our assets so they couldn't impose to much tax on us.
Cryptocurrency revolutionized the way we handle our assets and we don't need banks or any financial third-party or middle men to manage our assets to secure it from any form of frauds.

A centralized currency will always exist. People can not be completely free from the state and do not have any obligations to their country. As I know money was created in order to reduce social inequality so they will exist as long as there is statehood exists.

Maybe so, but only in the very distant future, not so soon as you expect.
Paper money will not disappear anywhere and will always be.

What Countries built their own Digital Currency? Is it like Bitcoin? I know that there was a huge thing going around with Aurora coin though nothing really happened after that.

I believe that in following next 10 years crypto will replace fiat at least 30%,as it is easier in everyday life. So, I bet on a crypto market growth. Keep watching!

It will go down under in multiple debates for many years until they finally give up because we can't change the fact that these both currencies are useful yet there is always a bad side in everything. It's like the good and evil always an adversaries to each other so let's just look this something like that. Everyone could use both currencies in a good way or in a bad way it depends on their intentions.

Money evolved in so different ways, and every time there was resistance: I just wonder how difficult could be some centuries ago to persuade someone to exchange gold with paper!
Now money is just some bits in some servers, but this is only a variation of fiat money.
Decentralization could really change the game, so I think that who is in power will try all the methods to stop cryptocurrencies.

I think your opinion and opinion is very appropriate but it will take a very long time to grow in my country because maybe there is still less information about crypto currency which is digital currency or can be called future currency

IMO, in the next 20 years, people will no longer trade paper money. With the growing popularity of the Internet, the next 20 years it will spread to all over the world, where online payment will become popular, and of course, the cryptocurrency will develop and replace paper money.

Since we dont know yet what will happen in the next 20 years I think people will still used the paper money. Paper money is still important from many people. And government be approve still if digital currency will be used.

I also see the future for cryptography. It's really some kind of financial freedom from the government and banks, and they understand it.

yes it should take some time to get away with paper money. but we are all heading towards the future so there is really a possiblity that our money will just be bits stored in servers. If we try to go deep in the past centuries people do not use paper money to buy goods they were trading goods, then it evolved that gold and silver was used to buy goods, until it evolved to the creation of coins and paper money so it is not impossible that our money now can also evolved in the distant future to be just some bits / bytes stored in servers.

I like giving them a different perspective but with governments always wanting their cut of the money I'm still always trying to keep watch on their next moves to try and control it. For now I see good profits in the rise but i'm hoping in the long term it will be adapted so my future and hopefully my kids future will be secure.

Electronic money or cryptocurrency is a method of exchange using encryption to ensure transaction security and control of newly created currencies.
This money is exchanged directly with an Internet connection device without the need of an intermediary financial institution, which minimizes transaction costs.
Users are using electronic money that is everywhere in the world, even changing it to cash when needed.
In the world, in some countries such as the United States, Sweden, Denmark, Japan ... Bitcoin electronic money has been used to pay for medical services, banking ... Or most recently the case of Dubai , people can buy houses with electronic money.

Electronic money will soon become a trend in future payments. They have too many advantages, so they do not tend to be too unreasonable
The reality is proving this trend
In Norway, cash is only used in 5% of transactions. In addition, Denmark would be the first country in the world to use traditional money entirely without proposing full use of electronic money in government transactions backed up to become law.

Yes, the bubble needs to be eliminated but it will be not possible because the main characteristic of bitcoin and other cryptocurrency is bubble or fluctuate so i think its not possible to change money.

Even then it not possible to see Gov accept crypto coin as their main payment.

As long as the government can't control it they won't get behind something like that indeed.

Yes! That is correct! We have different kinds of government reforms. For example, it may not be accepted in my country but it was allowed in many countries, still government in my country can not stop its people in making Crypto currency be known or use. They can ban it in my country but people can not be stopped for doing it as this is where money can be found. Plus the values of tokens are huge and extravagant compare to the real currency values in stock exchange market.

With the development of The Times, now the technology has been developing, and I think that money is the product of this era, and with the birth of The Times,

It's really scary and fascinating at the same time. People would be involved in such system that can surely affect many banking systems in the world. You can consider it as a 'technological advancement' but global economy is way too affected. Persistently, this would interrupt the norms and future movement of money, that countries would fight for and can even lead to some war. But what makes you think it can conquer our world specifically aside from globalization of crypto-transactions?  ???

cryptocurrency is good and it can help many people but it also have a bad/disadvantage side. the side that will be affected the most are the poor people, some poor eat one/two time a day, have no house, don't have electricity, some/most are not educated. we can't predict the future so i hope they can coexist with fit money and be accepted by government.

Still, take every time and effort to convince Gov use crypto.

Technology really did a great job for this era and crypto currency is one of it.The nature of being decentralized and other potential that crypto have is a big help for the economy.If crypto currencies would become the future money then a complete change will happen(in some country perhaps).There are advantages but the same time some disadvantages.What would happen to those who have nothing?,to the people who are late from the new civilization?, the new system may be a good advantage for those who live in a progressive country but for those countries that have poor people this wont solve anything.Then poverty will still remain.

The Future of Money is in crypto.

 ::)simple think about how email systems overtaken the postal systems..crypto will defenetly change the system of fiat money..no doubt

It is every techie person dream to have a cashless society. Cryptocurrencies make us wonder on how many more years to come to at least dominate the monetary system. Maybe another decade more by hoping to happen it the soonest the better.

Money is just a measure of the relative power a man has in the society (with "power" I mean the possibility to do what he likes).
Fiat money is too weak for the complexity of today world, bitcoin is the answer.

I don't think crypto will change the world that way. We are still in monetary system and crypto currencies are just a way for some to get rich or for another to use it instead of money.

But crypto is not changing the way we use money, doesn't matter is it dollars or Bitcoins it is the same core of exchange.

It seems to me that the crypto-currencies have already changed the world! And this will only continue!
Of course, crypto currency will not be able to completely replace money, it is expected. But the importance of crypto currency will always grow.

Yes somehow, this crypto currencies affect the system and partly chancege the world. Because some people has it's own opinions when it comes to crypto that some had really believe on it. Although this crypto has been the big impact on each lives because they can earned income yet when facing the fact that fiat money cannot be replace.

Simply the main problem is that there are older generations that are not ready to learn and develop. A crypto currency for them is a terrible and incomprehensible words. This is very messy, but there are many such people. And while crypto-currencies are being introduced into the world, people will start to dive more and get acquainted with the information. This also takes time, unfortunately.

Money is nothing more than a system fo measurement of the relative value of things and services. This will be the same with bitcoin, dollars, gold, or just shells.
Of course, some system are more efficient than others, and for today's world bitcoin is a solution for a lot of problems.

Just as the digital currency is getting encouragement of the world, it seems that cryptocurrency will be the currency of the future, people today are getting inclined towards digital currency.

This is the currency that belongs to the liberals. People need a decentralized thing to appear. This will give us a sense of security. Many people also rely on virtual currency and encryption technology to change their lives.

I agree with you. Older people accept new things not so fast. The impact of cryptocurrencies is growing. This is an inevitable trend.

I think the future of money is cryptocurrency.and cryptocurrency will remain an alternative way of payment.
there are so many speculations that crypto is the future of money, and crypto currencies
will change the social system, now the growing period people are interested in crypto currencies.

along with the innovation that is being felt, I believe that the idea to have cryptooris because of our money is futuristic. I believe that there is a great chance we will use it for daily transactions like how we do it with paper money now.

As innovation is being felt that the idea of ​​having cryptooris because of our futuristic money is likely to be used for everyday transactions like how we do with paper money now, it could happen.

The future of money either Fiat or Digital one is truly stimulating; people predict, assist and always anticipating the future of this two. People choose Fiat money because they know its value is always stable, most of the other group chooses digital money because of its attribute, though security is not hundred percent but they do enjoy the freedom that was and has been attached to it. We can also use digital money to practice making online transaction because living with technology also is becoming more advance, hence, method of payment will become digital way in the future for faster and more reliable transactions.

In my own opinion, money and fiat money will not disappear it will still be used even crypto currency is overtaking it.

I don't think crypto is a threat to paper money simply because paper money is backed and supported by the government and the government can control it's supply and circulation. I don't think that the government will allow something decentralized such as crypto to replace money.
Crypto are not as popular as paper money which limits there acceptance to a few people only. Crypto still has to travel a long road if it wants to become as popular as fiat money.

Everyone in the world has a tendency to be concerned about digital payment. I think in the future if an application can meet the consumer's demand for digital payments, cash may be digitized. Instead, it is the digital currency. in the futures will likely form a world without cash.

There's no doubt that Cryptocurrency is the future of our money and monetary system because we are now using it and we are all heading to the future while the number of people who are using Cryptocurrency are increasing.
The more people adapt Cryptocurrency the more price increase for the coins that we are investing.
That's why we need to educate our families and friends about this future because we all benefit the capabilities of the Cryptocurrency that we are using today.

Although I agree that crypto is an evolution of money, and as much as I agree that fiat money is simply a blunt tool for controlling people, I think crypto still won't be able to overtake fiat in the near future. Cryptocurrencies are getting more famous and well-known nowadays. More and more people are putting their interest on crypto every day. So.... maybe, just maybe, maybe in the future crypto might be able to overtake fiat as the payment (who knows). Although it's almost impossible. Still, the decentralized idea is really brilliant and people loves it. We can't tell what's going to happen in the future. Maybe you are right.. Crypto might be able to change the world one day.

The future money is digital currency but a cashless money "FIAT" is necessarily need every Governments or central bank. Governments and central banks have no choice but to prepare for it.  And while the technology underlying Bitcoin and other such cryptocurrencies will almost certainly have many.

If something is to replace paper money and coins then it need to be totally secure, impossible to forge or fake, and accessible 24/7 with or without a wifi connection. Digital may be able to do that soon but there are still plenty of obstacles at the moment.

I think crypto is going to continue to grow, and that it had the potential to be the future of money! Today I had to drive 45 minutes to pay somebody some money that I owed! And I thought to myself, man I really wish this guy was also invested in crypto it would be so much easier to just send him some coin instead of taking that drive which was out of my way! Later in the day my brother in law asked me to watch his son so he and his wife could go out. I made a joke with him and told him I'd do it for 1 XRB and he actually sent it to me! But that's the beauty of crypto! It was literally that easy! These are things that actually make you realize that this is how useful crypto can and will be!

Money is just a tool to facilitate trades, and it must be adapted to present reality.
BItcoin is the last step in the money evolution, and it's normal that it find resistance.
But I just wonder: how much resistance did find paper money when it was introduced, in middle age?
Think about: to exchange gold with paper? Absurd!
But it worked! :-)

In my opinion, Crypto is the future of the money, but definitely not the crypto as is right now. I am completly sure that there will be much upgrades in the crypto in the next few years and after that, crypto will have the real potential to be the future money. Also, not to forget the regulators....if I have to be honest I cannot wait to see how the regulators will efect the crypto world. For now are only speculations that shake the BTC down/up but I think that after the regulations BTC will become more stable which is one of the first step to make crypto the future money. What do you think about that?

I just feel that our society will evolve. Encryption is one of the evolutionary processes. There will be a variety of doubts and obstacles. This does not stop our confidence. I am also telling others, this magical world.

Many oppose the existence of cryptoes, especially the central banks and traditional banks because they will lose authority. Crypto currency does not require paper and coins to transact and does not require banks to use it. Their fears are very reasonable given the existence of banks increasingly irrelevant.
On the other hand, there are more economists who do not know about cryptocurrency, about blockchain, software, computer technology, algorithmic equations, to crypto market capitalization.

I think that the future is quite difficult in terms of financial relations. Now the time will come when to face the new and the old. When a new financial system, which has already been invented by the people, will be confronted with one that has already outlived its

bitcoin and other subcoins will be the future of money. But it won't take too long. it will be over the next 5-10 years and daily use will become widespread. All countries will allow their usage and it will be legal all around the world

Though cryptocurrency is on great hype and has become a global news, still a large population don't trust cryptocurrency. It requires a little more time and it will definitely be a successful future with cryptocurrency. Real money will always have its value but may be use of cryptocurrency will increase soon.

For some year that may happen for we may ever see some changes and see a lot of things that may ever for cause this kind of digital currency have some future of specially cause we may ever see some changes of this currency.

I totally agree with you OP. With crypto things are changing to something better.
We are not just users of money, we are some brokers too.

Im sure a lot of people want decentralized kind of currency that have no central bank to regulate and they can do whatever they want. The future of money where the people is their own system. Anonimity of the currency makes it popular. The frauds are hard to identify. The innovation it can do is to have its own centralize system but this is impossible.

Crypto won't be a currency until governments give up control of currency, and that is the very last thing they will ever do. That is most likely a very long way away. I hate gov control of currency, I'm just trying to be realistic. I'm basically saying that true decentralized crypto will be national or global currency. I hope this happens in 5 years, but again, I'm trying to be realistic.

technological advances can not be avoided and in the future people will be easier to spend their money from their gadgets or cards and to support that cryptocurrency will have plenty of space to participate in it

My opinion is that the next stage of development of the money, it will simply exchange. Perhaps in the future will create a platform for the exchange of resources and services, where people will be able to direct obmenivatsya with each other without the use of money.

One of the best thoughtful thread in bitcointalk yes there is lots of wrong thing happens in early stages in any new system. Now with crypto also happening but it’s much way better than fiat currency where nonknows actual supply and where the transaction is going on. Crypto currencies are here to stay . Some can deny now later they will adopt.

Encrypting digital currency change my view on currency, the traditional currency will be eliminated, we do not want the government to control our assets, we need to have their own privacy, cryptocurrency will be the future of currency.

Crypto is developing fast and is being used more and more in everyday life. But proper currency (fiat) will always be around as it has to be. There are a lot of small businesses that rely solely on it. But could crypto be used within large company as the primary way of transactions? Sure it can.

Right. With so many cases of fake dollar bills that are getting printed, syndicates are getting more advance to replicate it that the real and fake has no difference at all. Bitcoin and crypto is really needed to be the next money to solve these issues.

This is an interesting topic, in my opinion Cryptocurrency is part of the future of money.
It's an unlikely infatuation to think that crypto might really replace fiat money someday.
That vision might actually make sense, since there are problems with the current system
and digital money does have reasonable and practical solutions and applications to eliminate
and improve the monetary structure. As long as the government holds the authority on
the economic frameworks we could only hope for the best with the future of money and
with cyrptocurrencies.

Even if crypto might replace fiat eventually, it will take a really long time.

First there's the whole public perception of crypto coins we need to dispell. And then actually educate the public about coins, how to use them, etc.

Yes, I completely agree with your point of views. There are many people just focus on BTC and say that it is a scam. They don't know that the investors invest in Bitcoin because they believe in the Blockchain technology. Blockchain is the future of human.

Cryptocurrencies certainly makes a wave last year in global arena. The hope of change in current monetary system are felt by millions of investor in altcoins. But crypto are also challenge by regulatory bodies such as the government, corporate world, and banking industry. Scammers are also out there to take advantage the altcoins popularity. What I really wants are the success of cryptocurrencies as it will help more the ordinary people as long as it will not be controlled by somebody.

Crypto is the future but who knows for how long? It'd be interesting to see what the next step in the evolution of money would be.

There is no real future for money.
It is like what bank cards did to cash usage. Thats just the matter of time ;)

It will be great to see how far cryptocurrencies go and if they even replace money to create a cashless society.