Bitcoin Forum

As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...

No one will know on how much it needs for digital currency to take over the existing market.

I'll rephrase it.
Digital currencies now are in success so what makes you think it won't?

Can you also give sources for your claim? Because this is the first time I hear everyone / every developed nation is moving towards digital currency and I still can not pay my monthly rent with it. Why I can not pay my rent if every developed country is moving towards? I do not think the governments are against crypto currencies because of the tax problem. The problem that they can not finance their state budgets with a decentralized and fair digital money is unlike bigger for them than generating possibly less tax revenue.

The situation remains ambiguous about digital currencies. Many countries believe in the Blockchain technology, but the decentralization of digital currencies may weaken the authority of the states.
There are more than 1,000 digital currencies, although most are not needed, the number is increasing every day.
The need to regulate this market is healthy to avoid scam, but as I said, these currencies are decentralized.

Yes, its benefits are more than its disadvantages

It depends on what you mean? If you mean digital money like credit cards then it depends on the country, there are many countries in which most of the payments are already done in digital form and you need a credit or debit card to receive it, but there are also many countries in which the population prefers to use cash, we must also understand the limits digital currencies have, for example there are many poor people that cannot make use of services like that and so full adoption is not possible.

I do not know whether the digital currency will take over finance, world banking or not. but I see information that some countries that ban digital currencies like bitcoin are now starting to plan their own digital currencies, I myself do not know about this situation, hopefully this will change the world's finances better.

most digital currencies can be broken down into parts. You can use and trade in small quantities.
buyers who want certain currencies and sellers who own the currency. I do not specify the price of Bitcoin or any digital currency

Hard to say how much time is needed if digital currency will take over the current market. There are nation who is not fully developed like certain countries in Africa or even in Asia, so it will take a lot of time to even acknowledge digital currencies in those countries. But if we are taking about some European country, there are a lot of them experimenting cashless society so the rate of adoption must be pretty quick.

Digital currency has its own role to play in the market i see it as another platform of technology were anyone can invest. there has being many form of product in the market but they never take over. but to make profit for investors. the speculation for crytocurrency is high and most people are still getting to know it. after scaling it they discover it also easier to make huge profit  from it. so investors are lining up for a better product and  cryptocurrency happend to be one of the product

The fact that we are tending towards the digital age does not mean you will expect everything to turn out rapid. However, it is obvious that the foot prints are gradually beginning to be there. You may not have much to say for your countries, but a lot of countries like Australia and Japan are doing their best to keep the world of cryptocurrency running with a lot of opportunities they are gaining from it.

We cannot expect government to just accept it as a currency and even at that, it is also becoming apparent that even though government will be switching to digital currency, it would be for them creating their own centralized digital currency.

Crypto currency is like a aid to Fiat and it is better if they can work together in harmony, but I do hope also a cashless society in the future, but for the meantime working this two is a good point.

The growth of crypto currencies are rapid in the rencent years,still bitcoin the first crypto currency made not yet complete a decade but it made huge reputation among the developed and developing nations.But still we are in early stage we need atleast 10 mote years to reach good adoption rate.
Yes many countries are opposing the crypto currencies because it will cause economical crisis in the governments so they will mever support the crypto currency.

No one is actually claiming this would be the case because it is something that will not happen. I believe there would be some form of co-existence in the long run but expecting that banks will be eradicated or the finance sector will rapidly be changed is absurd.

The problem most countries are having is decentralization, but the idea of blockchain is one thing they are not out ruling. Over time, countries will start creating their own digital currency which may be replacing printing paper currency, but that does not still change the idea of it being centralized rather than the decentralized cryptocurrencies we have now.

We can't specify the price of bitcoin as it really doesn't have stable price.

And that's how you can use cryptocurrencies, you can use it with smaller fractions which is good for small investors and does want to try it first.

Yes, digital currency will take over, and in so many different forms applicable to each country with her policies. Whatever any country is doing to go against it now will obviously not last because cryptocurrencies are seeming as a fittest one to stand along with human race whereas traditional banking system and momentary systems are getting obsolete as of now.

This is a global market and the only thing that would happen as we are seeing so far is to end up having a regulation and policies in place. There is a lot of benefit to gain for most countries, but that does not discard the fact that there are still some lapse that must be tended to which we cannot just run away from unless regulation is being put in place.

I think we need 10-20 years to make crypto acceptable in the world as a legitimate transaction tool. but when the development can be seen very quickly. maybe 5 years can be a pretty ideal distance

Every thing depends on the country regulations, until then no one can tell how much time. If any big country show the good results of economy after regulating cryptocurrency then within very short time it will get success.

It is like who will kick the ball first but even with that, the possibility of it taken over is not seen yet in my view and one reason is because of its decentralized nature. Many country won't want their identity to be eroded.

US government tax day time there huge amount of people encash their BTC and ETH to make their taxation with the government. If the crypto investors are faking the government, this would not be happen at all mate.
I really think that BTC and all the top crypto should be a national currency for each country. I see already UAR government created the own crypto currency called Dubaicoin. Expecting more coins like this in future.

the clearest and most obvious is the time that will answer all this, will the digital currency take over the finances in the banking or, alternatively, the government and the bank take over and control the digital currency becomes centralized.

Digital cuurency is now success even though there has some countries that hasn't accepting this. Actually they are not doing wrong it is their decision and for sure there is an enough reason why they do it. They will realized it i guess when the time comes.

It seems like it will take a long time for the crypto currency to be able to dominate the global financial system, because as we both see. There are still many countries that are not ready with the presence of crypto. But I believe, someday the technology underlying the crypto currency will be applied in many countries

I think that digital currency will be able to take over the banking world if all governments of each country are willing to accept their situation. but, everyone knows that cryptocurrency does not want or can't be controlled centrally.

From the way and speed with which people are embracing digital currency, it is only a matter of time some countries will start adopting it as means of exchange.

Yes many governments are afraid of crypto currency but most of the people like that crypto currency as investment but still they don't have trust or don't want to invest on crypto currencies because they are scared that their government may ban it.But as you said the crypto currency will dominate in few years like in a decade at that time most of the governments will understand the importance of crypto currencies.

I agree with you, someday the crypto currency will play an important role in the global payment system. Let us both welcome those moments  :)

Technology has already taken up the market with the passing time and it will surely be taking up more in future. Technology behind crypto currencies like Block chain technology for Bitcoins have been a game changer in many businesses and today developed countries want to understand and apply this thing in their activities and processes to get maximum possible advantages.
When technology has been accepted then no doubt one day Bitcoins would be accepted entirely by everyone taking up the market and people can benefit in all the ways.

Yes,digital is taking over but mind you not everyone understand the concept of digital currency because there is still developing country.

Even on my dreams this is really an impossible thing to happen on where we do come to a point where cryptocurrencies would took over traditional fiat system.I would rather believe that government would create their own coin and would completely make full transition to that one which i do see a normal thing for them to do.They make take some consideration on cryptocurrencies existence and benefits but most of the time they would really prefer on the thing that they can control and lastly we do might really hate tax but as a citizen we are really obliged to pay up.

I think moving to digital currencies is a right way because it saves many and it is easier to use in today’s situation but normal currency are also very important but need to move on so digital currencies are the right decision.

the growth of digital currencies is growing rapidly. but to take over, I do not think this is the time, because there are still more people who believe in fiat currency, and not everyone knows about this cyptocurrency, including people who are still far from cryptocurrency.
However, perhaps for the next few years, the more sophisticated the technology, and the more sophisticated all life, the digital currency will take over.

but, not everyone can understand the workings of the digital currency, man. indeed digital currency is the best alternative for now. I think people who do not understand the workings of digital currencies in the world of cryptocurrency will keep their paper currency to date.

yes, of course I myself also agree with you. but do not count your chickens until they hatch, everything takes process and it is not easy to create bitcoins that are in cryptocurrency into global currencies. just relax anything good in the world of crypto is sure to happen.

It is clear that the future is that of digital currency and no doubt it will take over the market. All other currencies will disappear from the market and digital currency will hold it forever. Time is not fixed because it is money and people want security against their money. They will take time to believe in cryptocurrency, but one day crypto will definitely take over.

It could take a couple of decades or until poverty is solved because not everyone can afford all the things needed for a crypto wallet (electricity,internet,device). Just because a certain country won't accept Bitcoin it doesn't mean that they're only thinking about the tax. Any country could tax Bitcoin and all crypto if they want to. Every country has different plans and Bitcoin might ruin their plan that's why they're banning it.

If you are thinking of removing Fiat currency then it is not possible  in coming years,maybe after 15-20 year world will be fully digitalised in payment option.as far virtual currency i.e crypto goes then it will also take time to adopted across the globe but right now the bigger challenge is knowledge relate to crypto payment that should available to everyone.

I do not know if when you're talking about digital currencies or you are referring to cryptocurrencies, because digital currencies are very common and you can use them everywhere, it is not something out of the world to get a debit or credit card and being able to use that card in ATMs all over the world, but if you're talking about cryptocurrencies then it is going to take a lot of time before they're able to replace the current system.

Bit it is indeed I think,governments need to adopt to the new system because the decentralization era will going to start soon.Akready the developed nation like Japan made it legal and more places accepting bitcoin as a payment method so other countries also need to follow their decision.

the government must immediately take a bitcoin decision in every country is acceptable. in my opinion, its legal bitcoin will facilitate transactions, even countries can transact with other countries, but in good things (positive). do you think that japan is one to be made an example of modern times and decentralized money.

I doubt even if we are going to see any form of domination of cryptocurrency as no government will like the idea of being dominated by decentralization anyway and will do everything in their regulatory power to want to limit its usage which is part of some of the things we are seeing right now with the whole SEC issues with some cryptocurrency and clamp down going on.

Nevertheless, I believe nothing can be done to stop its future growth and the only thing we will get to see is just regulations that would even bring some level of maturity in the space, but dominating banks is one I would not bother dreaming about as it looks pretty impossible.

without a doubt cashless payment has becoming more popular and in demand in every countries even though that country is still under development, this means that technology is progressing way much faster than before, i don't know if cryptocurrency will over take the fiat system but other forms of online payment will surely become a thing in the future.

We all know time will answer everything but we still have to understand that no matter what even if digital currency is taking a hold of the day, banks will still be functioning and so as local currencies. Now, regulation is not necessarily going to mean cryptocurrencies will become centralized as long as the protocol is not changed. The only thing that is going to be affected would be activities revolving round cryptocurrency as people obviously won't be free to make those decisions they have been making in the past.

The government only thinks how to get profits and increase state revenues without a prior observation of the potential of digital currency to the economy of the country in the future. The government is only fixated that state revenues are only derived from the taxes imposed so that they are afraid that a decentralized bitcoin system can not provide income to the state because there is no tax regulation on it.

Though I see some progress here in my country in terms of adopting this kind of technology, I still believe cryptocurrency can’t over take fiat money because our government will not let that things to happen. I’m just happy right now that we can easily use this thing, and I know in time more people will adopt the system.

Digital currency maybe can do over take fiat but it takes a long time due to government regulations.
Knowing some countries banning cryptocurrency, it will take some time for a full adaptation. Fiat and digital currency can work together smoothly.

I do not know much about it. all this is just a prediction of predictions alone, no matter how crypto money will take over the banking world in my opinion. but, I begin to agree with you, if the crypto currency takes over, the local currency will always be there for use. however we will never forget tradition.

Cryptocurrency will take more time before it become fully accepted in many countries but I think cryptocurrency can't take over fiat money because it still more convenient to have fiat money and this is where one's economy is being measured so government will keep on supporting fiat money for sure.

Same as a lot of countries who are now regret of not accepting bitcoin on right time they will be sad now price of bitcoin is improving and it is only because people are accepting it worldwide around us some has started to use bitcoin as legal currency, I am really happy for having bitcoin in my life as it use to change my earning to turn my status from poor to become rich, I am sure near future bitcoin will be famous enough and many people will be there to get it.

If we really want to be referring to speed, I must say it is not that much and at the same time it is not that bad. It has been few years anyway and from the look of things, we have been growing stronger and better than where we started from.

If we keep seeing things going on like this, obviously the future is bright for cryptocurrency but obviously not at the position of taking over banks or local currencies. Come on! It is the government we are dealing with here and all they just need is to use regulation and some policies to put cryptocurrencies in its place.

Right that taxes can be done in fact by every country that prohibits BTC but their plans are more than just about taxes or digital currencies,the state plan that prohibits BTC is about economic factors I think it is feared that local money will not be used and that the growing banks will not there will then be less state of affairs maybe that's what they fear cause BTC is freed from it all.And last Corruption in a country I think with existing money can not be read while with BTC and blockchain can be seen all the existing transactions are also a factor that led to the prohibition ;).

It is difficult to guess about the exact time but the world is turning towards digital currency. Everything is digital why not currency. I am waiting for that time when there will be only one currency in the whole world. Transactions will be easy and this is the big advantage of having one currency in the globe. It will take more time and we will have to wait for it.

Bitcoin's popularity has skyrocketed in the past year. We can now see a lot of positive news in the media, such as the news that Japan legalized Bitcoin as a currency, countries and regulators that began discussing the rules that fit the Bitcoin industry, as well as the growth of the Bitcoin industry as a whole - the total value of digital currency assets globally has grown from $ 20 billion in early 2017 to about $ 150 billion now.
So why do they still think that crypto success will not happen.

I think the problem is just about taxation issues because like bitcoin as decentralized crypto currency it means there will be no control at all from the government and certainly no taxation system will apply as in fiat currency in general. it is possible that the crypto currency will be applied to every country if only the government is not too concerned about taxation but the question is whether it might be realized by the government because as we know a few percent of the state budget revenue is generated from the tax system.

Right, as the truth here is that most countries are actually seeing the blockchain technology as the future but the fact also is that, they cannot tend to admit the idea of decentralization even though they really do not have much of a choice now than to accept the idea and regulate the environment. Over time, there would be a switch to integrating the blockchain technology into the fiat system and I guess we are gradually beginning to see that.

Agree. Those countries are not believe to how can bitcoin do to they countries. They think that digital currencies is a fake system and not helpful thus, it's not safe for transactioning. But they're wrong.

Depends on what kind of digital currency you are talking on.If you do mean about national digital currencies where government do make their own token and make transition to physical to digital then its possible yet its centralized and regulated but if you do mean about cryptocurrencies then it would really be impossible to consider.We do know whats the feature and the current standing or perception towards crypto.We will able to say that this thing wont really happen when we do talk about take over.

I agree with you, everything will depends on the countries regulations and how the government will accept and implement digital currency to take over. We must admit that not all people in each country has a knowledge in  digital currency because there are still community who can't afford own and use it. So I guess it will take time for this currency to take over each and every country.

If you are referring to crypto currency, yes that seems to be the case, little by little we can see that cryptto currency is taking over, and it does not specifically means it is only for bitcoin, we can also see altcoin being accepted accross the globe, but it will take a long time before everybody will accept crypto currency as the only legit currency,  since there are a lot of regulations to be done, and education among the masses still needs to take place, as a community we want crypto currency to be on a fast pace, but people's adaption will take longer than that, i believe that we are just a fraction of the total global population, I think we need to become the majority, in order to really consider that crypto currency took over.

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Well digital currency and crypto currency are two different things crypto currency comes with anonymity which is a secured connection without being track what that individual purchase because it's decentralized. Digital currency is centralized, a good example is paypal, paymaya you also purchase online products with this. In some way it is a digital currency and government's can monitor and tax you.

Well, I think for a long time))) because many will not want to give up paper, because stealing paper is easier than pixels on the screen))).
Well, again, all the same, everyone will come to understand that the digital currency is the future, and you can already see it. In Japan, as far as I know, bitcoin can be paid. Now Russia is legalizing the crypto currency in its own country that will affect the mainstream masses. This will gradually lead to that the crypto currency will be everywhere))) _

It is every country's decision to do whatever they seem please to do but that will obviously not change the progress that we are already having with digital currencies.

I expect that over time, most countries will introduce the idea of blockchain technology into the financial sector which would make us to have the present cryptocurrency going in par with the new centralized form of currencies but I believe it would be a co-existence in the long run with nothing changing much.

debit cards / credit cards / atm, can be considered as digital currency but using fiat as a medium for exchange.. this type of transaction are very rampant to any country of the world and their nothing to take over with that.. this is widely acceptable in any establishment, corporation, company and even goverment itself. NOW, if you are talking crypto currency with coin as his representation to take over the existing system of every country.. thats is imposible to happen right now. given the volatilty of the coin its risk is big.

Well as you know it will be a great step to overtake fiat money as fiat money has been using since very old by people to replacing it would surely be very huge step so I think something huge take time to happen and waiting for it to be done is not a big deal at all, I really want to see bitcoin overtaking paper money because bitcoin is good for our economical condition to get better but paper money has no such chance to change it.

Do you think all the people can use bitcoin? What about the poorer ones that dont have an internet and a device that can run a bitcoin wallet or can browse the web.

 how can they be able to use bitcoin? I believe experts are also aware to these problem , that is why fiats are still existed even though we are now living on a more advance world with new technologies and ideas are now invented in order to make our lives more easier when compared to before.

All things have advantages and disadvantages, even cryptos are not exempted to this fact and i guess that is why all things are created equally and well balanced , so that one must not overtake or overcome the other.

For the countries that have rejected the use of cryptocurrencies before it would be very difficult to regulate cryptocurrency back. Technological developments are already evenly distributed in every country, certainly in every country there will always be users of cryptocurrency. But the regulations of each country will always be a barrier for every user, their space will be limited by the government. As an alternative if indeed every society wants a payment system using cryptocurrency then the government will create its own cryptocurrency, so as they can manage the overall use of cryptocurrency in their country.

Yeah, I guess that is the one reason until now bitcoin can't overtake fiat, a traditional currency will not replace or even overtake by digital currency. The advanced technology will continue be spreading as of now even poorer people will adapt on that near in the future as of now we can't conclude this thing won't gonna happens.

It's hard to predict but who knows it will happen in the future all people adopting digital currency but not eliminate paper money as a traditional currency.

Of the many people/countries.. have their own background or thought in responding to anything related to digital currency/cryptocurrency, it causes not fully crypto be considered as something that can advance the country. Perhaps after more countries are reviewing all the technologies related to crypto and succeed to deepen on it.. it's likely the market will be more crowded and more people who moving in crypto including buying something and others activities. All back to the governments of each country to respond to crypto and the market is still strongly influenced by the presence of contradictions and acceptance (welcomed) over a long time forward.

It is just the matter of time which will prove the worth of crypto currencies as most of the crypto currencies have a strong hold in the crypto market and that there is no way that we can deny their wroth and importance. Once most of the people will get to know about the crypto currencies, this will automatically lift up the value of the crypto coins and that paper money will be left behind then.

You can't really put a blame on countries totally rejecting digital currency. You can't say that they are wrong, they have their own reasons. Like thinking that it will have a negative impact on them.

However, for those who chooses to go on the other path, it's not going to be easy as well so I we can't really say for sure. Maybe 5-10 years from now? But I'm happy seeing nations started to embrace bitcoin and crypto. This is really a big steps towards digital currency and the adoption that we are all been waiting for.

Bitcoin is a great technology and it allows to us a great degree of freedom but at the same time we cannot deny that the technology has some limitations, we need at least two infrastructures to be in place, and those are the Internet and electricity network and poor people most of the time do not have access to neither and to make matters even more complicated you need access to a computer to use bitcoin at all.

In bitcoin it will be based on the user and followers so it will be running in a good form , digital currency is not like bitcoin it has its own way so it will not destroyed by crypto currencies .

Everyone has their own way of thinking some will like it and some will not but later on I am sure they will be regret for not accepting bitcoin at right time, as much as I know bitcoin is now being so famous and no country is afraid for accepting it, digital currency is very important for the development of a country, those who are buying bitcoin at this position at growing price will be the future lucky millionaires, so my country is blessed with high acceptance of bitcoin and no one here is restricted by the government to use bitcoin, we are free to use it for shopping and to  buy things w need.

Your country may have allowed and not restrict it, but that does not go for each and every country. There are even countries that ban bitcoins and there are some that greatly restricts it. The truth is, the governments are afraid of this digital currency revolution because of the fundamental feature of being decentralized. They cannot control cryptocurrencies which scares governments as they always makes some excuse that it will be used in crime and whatever illicit activity. But to be honest with them, 99.99% of the time fiat has been used in the past to conduct any form of illicit activity even through the existence of Bitcoins.

Tax is a part of everything involved in buying, selling and all transactions. It is an independent variable exist permanently on each country. If digital currency takes over and taxes are required then its just normal. I dont think taxes is the only reason why countries ban bitcoin and i guess cryptocurrency circulating from the world is near.

I guess taxes will be part of crypto currency as long as it is going to be regulated by the governments. I do hope though that the taxes is not so big. Everyone loves crypto because its decentralized and away from the prying eyes of the government. However as it grows bigger every year, they take notice and the only way to somewhat control it is to impose taxes that we hate. If its too steep then I'm sure that people will find ways to try and circumvent again which is not good.

It is no doubt very much difficult for the crypto currencies to take lead over any of the regular currencies because of the reason that the awareness rate of the crypto currencies is not that much and above all, the regular currencies are having the support of the government which the crypto coins lack. Things can only be in favor of the crypto coins if we get to know that the government have declared them as legal currencies.

It will take a while for countries to truly embrace digital currency cause they see it as fraud, ponzi scheme and highly volatile which has been said by FUD media and news. That's why most countries fear it because the lack of knowledge. Yes, it is volatile but it's a scam. In my opinion it will take quite some time before countries fully adapt digital currencies especially third worlds.

I don’t really get what you mean by debit and credit cards can be considered as a cryptocurrency, dude do you even know what you’re talking about here? Like seriously, how can you be saying that the use of debit card and credit card should be considered as cryptocurrencies, tell me, is there anything that has to do with cryptocurrencies and debit /credit cards!?

And you think that by most countries accepting Bitcoin that will make it take over everything and being used by everyone, well you think wrong. It can take over, but that will have to be in whatever that has to do with investments and of course we can use it as a payment method, though not all countries approves that. Bitcoin is making success, but I don’t think it will replace the currency we are making use of.

Everything is possible folks, but I think it's too early for that. Still the local currency is more famous than anything else, special in digital currency. Tangible item is matter I think. What do you think folks?

Many traditional things has been vanished by the digital technology then why not you can see the crypto currency will be take over the fist currency. Possibly we may find the cryptos to occupy the name as national currency in some years.
I expect cryptos will replace the fiat cash usage in 2025 for sure mate.
Already Japan accepted btc as a legal currency and now Russia waiting to implement it as legal money to use there.

if viewed in terms of investment that many do today can be said that many investors are currently switching to invest in digital form and crypto currency because for now crypto is a very profitable investment form. but to change the existing financial system of fiat as in general of course it will not be easy to do. because until now there are still many from the government who have not been willing to give the policy for several reasons that they say.

there are a good reason not just thinking about what benefit that they can get. obviously they want Something can be controlled tracked easy , so they know all your information  by name,address,phone number all historical transaction would be evidence if something happened. thief,robber,fraud all kind of cyber crime can be easy to detected. that is  the main reason why some country still thinking about accepting kind of digital currency as their national currency. there is also another reason such as ordinary people not really understand the ways of digital currency they more likely the old ways is better than modern ways. i mean Real Money or something real to trade.

We all know this thing that all the crypto currencies are making a very good impact in in the international market and amongst the investors too and that things are going in favor of the crypto currencies and that we can really hope that these crypto currencies will take over the regular currencies soon and that at that time, we will be able to see much better world than we are living in now.

But the growth is actually happening slowly in the governments too,they are trying to regulate it which is a good sign that some governments understand the importance of crypto currencies.But we need to adopt to the crypto currrency system not for the crypto investment system which is currently doing by most of the users.

The dream of paying for a latte with crypto will have to wait for some time.
We have to focus on micro payments in internet and make crypto worldwide accepted internet currency.
There is a huge list of what can be paid with crypto but the process must be really easy for the end user.

For some more security purposes, i dont think bitcoin will 100% take over fiat or paper money. The most closer to have is the crypto currency counterpart of countries or rather accepting it as a legal form of currency and have people freedom using it.

It is not that impossible, but we're currently on hold yet before we can reach the massive adoption that Digital Currency needs around the world. Without this adoption in complement with knowledge, digital currency is pretty much not gonna get its goal at the due.

yeah, we cannot tell what the future holds and anything can be possible. Over time, I guess even some countries will switch to blockchain technology and gradually discard the printing of paper currency and in that case, I believe with the way things are generally as people get to adapt easily; it would increase the age of digital currency.

Government own digital currency is apparently going to be centralized which will not make it any different from fiat anyway. Over time, we will get to know how the whole space evolve but like you said, it is still too early to start assuming for the future.

Because things are not so simple, replacing a technology like cameras with digital cameras was not such a big deal because you do not really need to use cameras in order to survive, but almost everyone in the world needs to use some form of money, this means that it needs to be reachable for everyone and the use of digital currencies requires you a great deal of knowledge and access to technology.

You are right and this is what is aimed to.  Crypto will certainly change the economic status in a positive node to its next level 8f a country accepts. Just look at those countries who adapted bitcoin have developed their nations with wealth and their citizens have gained employment which is really a great sign of their growth.

That it will take time but I think if we want to see bitcoin increasing and spreading all over the world than waiting is not an issue, and as our elders said everything that will make change will surly take time, so as increasing demand of bitcoin is really a positive sign for us to see it as legal currency worldwide and highly acceptance by more countries really matter for legality of bitcoin, so I think in future people will use bitcoin only which will make it more high in price and huge in profit so bitcoin is going to take over the command in near future.

The way all the crypto currencies are behaving in the international market and the way they are making such a big name in such a short period of time; one thing is for sure and that the future of all the crypto currencies and the entire crypto market will be much brighter and that there is also a possibility to experience any such thing. In that case, the government needs to support the crypto currencies.

Changing the currency system from the paper money to the crypto currencies is not an easy thing to do and that this is something which will consume a lot of time and that lot of efforts are needed to be done to make any such thing happen. Digital currencies are not doubt very much capable of any such thing and that there is a possibility that we can experience such thing in the future too.

Not really because  not every countries accept the digital currency but it has really go far

Actually although many fud from the media but adoption is still happening because many people are curious about bitcoin, but you right, media is very influential for the spread of bitcoin. if the media begin to be friendly to the crypto maybe media will be neutral about bitcoin news and mass adoption will occur, crypto will take over

If some countries don’t accept it, digital currency is successful, bitcoin is not being use almost for all kind of things we buy goods and we make income with bitcoin, long ago money was being use to buy things but now we are living in modern age where almost every system is getting to the digital system. Fiat currency is only to buy goods but bitcoin or other digital currency is able to make money for you and useful for you to buy goods and for online shopping. So I think digital currency is now only currency which will be there forever.

Well digital currency has certainly caught the attention of the mass but there are these certain factors that prevent it from flourishing around the world. The number 1 reason is that there are certain countries that are against digital currency, and you are right about how the government is threatened because of the fact that it doesnt require tax. Another reason is that not all of the people have access to the internet, some are computer illiterate and dont know how to maneuver their way in using digital currency

Actually digital currency already exist in some field of investment in different countries and may be they can be part of countries economy but not for a total take over because traditiona money is still very important in paying local trading.

Agree digital currency is very important to many people today because of its legitimate way of earning big profit but still i dont believe it can replace our traditional money.

Yes but mate I think we are now living in new age where almost everything is digital in system as we really need this system in our community, bitcoin is the digital currency if you are talking about value and using ratio so bitcoin is being use now much more than the fiat money or the regular currency, so for me bitcoin has more value than the paper money or the fiat one, as an investment and as currency as well.

well, in essence we all have to teach lessons to people who do not understand computers and interbet. if everyone has been able to access the internet and use the pen tool properly, I think the use of digital currency will be even greater

I think it needs another 10 years before most of the population transitioned to digital currencies. If only people are not poisoned by the banks or media FUD then it could only just take 2-4 years to take over.

This is quiet a fantasy thoughts to answer. Well, there are no specific time we could say or even predict to say that digitial currency will take over the whole currency. There are thousand of factors existing that might simply the reason for us to conclude that taking over the whole currency will be tough. It will be more than what we though or worst taking it whole isn't possible.

Digital currency take over all the currency many years ago but it doesn't notice by many people because they are just using some fiat money and only some people know that digital currency or cryptocurrencies are now existed in the internet world.

It will not replace the traditional money, but digital currency will be used more for payment options only, we know on the internet paypal become the most widely used payment option, whereas digital currency gives better offer, in terms of cheap fee, speed transaction, freedom and so on

Maybe Yes, but not in all transactions and its limited only to online payment because traditional currency is still the best way of paying most especially in local payment that not require internet access.

I think digital currency cannot take over because not all the countries accepting the use of bitcoin and some countries also are banning so it is difficult for bitcoin to become the main currency.

With the help of blockchain technology every sector is now adopting digital currency for good

I am sure he must have derailed or probably getting himself confused. Although I understand what he is trying to say anyway, it was just that he did not get the right idea to put it down. Apparently, from what he is trying to imply, the use of cards, POS and so on have brought about cashless age which could be considered as a way in which people no longer hold physical cash anymore but what he is mixing up is that digital currency is far from that which he probably need to gain knowledge about before embarrassing himself next time.

Adopting crypto is a gradual process and obviously we cannot just expect the whole world to just embrace cryptos immediately. Some would be slow to embrace, some will be fast to embrace and that is how adoption of technology generally is.

There is going to be a huge level of restriction to some of the underdeveloped and third world due to lack of resources such as access to the internet and so on, which would make virtually most of them still stick to the traditional way without knowing what is going on in the digital world.

it can happen, because in digital currency especially cryptocurrency has many advantages to transact with no limit of delivery or transaction, for the user also very efficient use of digital currency because easy, simple and fast to transact as long as understand the rules that exist in every transaction money or token to do.

Based on the way you just said this, I’d first like to tell you that you’re very wrong. China is a country that is well versed in technology, but still they happened to ban Bitcoin and ICOs from their country. In every country there are people who loves Bitcoin and not the country as a whole.

Bitcoin is not taking over anything, it’s just here in form of an assistance, there are even countries that don’t support the idea of using Bitcoin as a payment method. Bitcoin wasn’t made to replace anything.

First people used to exchange commodities which are called barter system. Then progress was on the way and people use gold, silver for their daily needs then the advanced world stated paper currency to use them for daily expenditures. Now the age of paper currency is also come to an end and people are using digital currency in some countries. Soon it will take over the whole world.

You are right paper money is now getting low in demand as people have found something better than paper money, transaction is now being done within few minutes and it is best time to use as much as crypto we can use because latter on it will be legal currency for very high price and low supply, markets are switching to blockchain service for daily payment method.

Of course, we will experience a lot of challenges before cryptocurrency circulate around the world and even giant banks will make effort to block this thing in the major market. Cryptocurrency can't take over fiat money and the traditional way of transacting money, we really need to be strong and more time for this.

More Companies will adopt this for sure, but for now let's support blockchain technology and bitcoin so we can see a bright future.

A complete take over is not even something anyone should be expecting as fiat one way or the other will still always have its own relevance. We have to understand that it is absolutely not everyone that is going to end up accepting the usage of digital currency for some reason or the other which may also be as a result of lack of infrastructures or certain facilities in some countries.

Nevertheless, there would be a strong growth in the long run than where we are now which I am very optimistic about.

I think this is not possible because once it implemented it very hard to perform transaction most especially if the internet connection is not available.

I think there is no such place that is now a day existing without internet facility, so for me it is possible because cashless way of payment is now getting wide and famous all over the world, cashless payment technology is not progressing much faster than before, I am sure crypto way of payment will overtake the way of payment with fiat money for nice and profit able features.

It's not a take over or changing Fiat with digital currency, it's only that many of us is making use of hobby nowadays to use crypto in some of their transaction between traders.

Cryptocurrencies are not going to take over the market governments will never allow it but it does not matter the only thing we need is for cryptocurrencies to be accepted in most business around the world, that is it, if that happens then you will be capable to travel all over the world with only bitcoin in your pocket and this is important because the risk of theft is lower if you compare it to cash.

Yes that is the fact but that fact will be in the understanding of only those people and governments which have a knowledge of the real economy and along with that they will have the knowledge of crypto and its way of working. If they will not know any of them then they will not know that it is beneficial for their country. They have to mainly support the mining as it is a free money and goes faster to that place of the world where it is supported more and facilitated by the governments in different ways like providing low cost electricity.

Well, I will say so that now there are still a lot of old people who lived back in the 90's and it's very difficult to convince them to switch to another currency. For them, moving on to something new is not yet fully tested, it is very difficult, because they have it all in their blood, they will not accept it with their whole being until they have the experience from other people. Some simply do not want to become mice in a cage

Nowadays, because of fast innovating technology, digital currency has been patronized by many people because it is quick and hassle free, but still fiat currency is still ruling all over the world specially in rural areas where technology is not that being supported. So digital currency might be soaring high but maybe not to take over at all

With the advancement in technology, things are getting better and that we are now able to see much better world and that the economy of the world is also improving at a significant rate. The way all the digital currencies are performing in the international market, there are likely chances of this thing that these digital currencies will take lead over the existing paper money system and that this world will start using those coins.

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Cнaчaлa пpизнaeт цифpoвyю вaлютy и oбьявит ee зaкoннoй, a пoтoм кoгдa люди нaчнyт выxoдить из тeни и зaявлять o ceбe, тo нaлoжeт pяд зaкoнoв и caнкиций, peгyлиpyющиx этy yжe Цeнтpaлизoвaннyю cиcтeмy

So it is happening gradually that people like us use bitcoin as currency and they make daily transaction for all kind of goods which makes price high day by day. So digital currency is now at succeeding poit and even though it is being legal currency. I am sure with high acceptance and government support bitcoin will become more applicable than fiat in near future.

Yeah, I believe that idea of making some pretty good profit from the space is one of the reasons why so many people are even here in the first place and that makes the speculative side of the space to keep increasing the more.

Nevertheless, just as you have said, replacement of traditional currency is something we should not even be assuming because it is going to be impossible and the best way to have it is to even have a peaceful usage of the two going hand in hand with some regulations by the government.

The current development of coins will make changes in the future, if any country does not know what digital money is sure they will regret because I am sure that in the future will use digital currency for transactions between abroad and domestic own .

Yeah, it has and it will keep catching even more investors’ attention the more in the long run. This is a space that is evolving and even though we still have more to get to the level of mass adoption, we are not where we used to be and with things going the way they have been going thus far, I so much believe in the future and the rate at which we are going to be experiencing huge growth. Still, I do not believe we will be taking over fiat in anyway but there would be a harmonious existence with the two.

Though we have not yet reached the complete target,  we are almost far beyond the beginning. Crypto nature is a virtual moment with peer to peer. This is exactly a Degital moment. Starting from 2009, crypto has successfully proven to be the secured Degital journey with Blockchain technology secured system.  Hope in a decade, almost everyone is into Degital envirement.

Take note that digital currency ans crypto currency are different, although crypto currency could be under the digital currency category, but It needs to be specifically separated from digital currency because of its distinct features.
Digital currency has been developed long ago and it is being used to pay transactions through the internet, and it is centralized and being regulated by the government. Digital currency has exactly had the same characteristics of fiat money or physical money.
Whereas cryptocurrency ( to be specific ) is decentralized and has multiple functions than just being a typical currency, and its development are still under process to become adaptable for every nation around the world.

Yeah, That right I think take over here is not replacing the overall fiat as the main currency. I think that digital currency like bitcoin will become more popular in the future, it will be more widely used by many people for investment or for financial transactions, and bitcoin will become mainstream. I think that's going to happen, instead of taking over the fiat position of the world's major currencies..

We all know this thing that all of us thinks of the best thing and that all of us go for a thing which seems more suitable to us and that in which there are likely chances of having something better. Digital currencies have no doubt helped so many people in knowing and understanding that this form of the money is far better than that of the traditional paper money and that if you will go for it, you will be able to change your life in a positive way.

A lot of us think that with more level of adoption of bitcoin, fiat will just be discarded and we think government will allow that? Moreover, government does not even have to worry for such scenario to happen as this idea of digital currency will be limited to the internet world with more of the digital age guys, the tech savvies, the internet vast category of people using it the more while there would be some category who would prefer the traditional way, so thinking cryptocurrency will take over is a big NO.

Theres no way for bitcoin to take over in the local market to replace traditional money. using bitcoin is not easy because of its changeable market value .

In my opinion this might happen in near future but I personally don't think it is happening so soon as digital currency is still in its early stage and lot of development and regulation needs to be put in place. It will be a gradual process. Mass adoption first.

In all fairness you can make a lot of money with fiat, you can invest in a business or if you want to make money directly with your money you can go to the forex market which is the fiat equivalent of the market of cryptocurrencies and make money that way, however in the aspect in which you are right is that due to inflation the value of fiat always go down but in coins like bitcoin the truth is actually the opposite.

The technology is new and challenging for government official to understand. Even when they understand, it will take bold leaders to act.

There is much acceptance of digitization all around the world. In everywhere, there are leaders and followers. Let the leaders take the bold steps and everyone will follow.

Now I think almost every country knows about bitcoin and they are aware of it that bitcoin is some kind of digital currency which being use as currency and as an investment, now in our place bitcoin is the most wanted currency and it saves thousands of families from crises having it as source of income, and now almost 90% of well developed counties have announced bitcoin as new currency which is better than fiat and experts have predicted that bitcoin is going to take over the rule of market.

One of the factors is of course tax because government doesn't want a competition to their fiat currency without benefiting from it. Another is internet we all know that digital currency can only be use online. So i think digitalization is not possible because people want's physical money to transact payments.

Thanks for your thread here. Nowadays people are much interested in learning and they don't invest their money for scam ICOs. They are only interested in  real projects. For me, I also invested in a project SciDex. I researched SciDex white paper. Looks decent and clear. Helping a lot for the business scientific data.

In countries with high creditworthiness, penetrating digital currency seems time consuming. I think that currency does not feel inconvenience.

Because of the advancement in technology, everything is going digital and this is no exceptional to currency. I believe this is a good news to the world.

Digital currency has already taken over faith by 60-70% as if you properly notice most of the things related to money are done online now and I think it is a form of digital currency system only. Payment involving large amount of money between two parties are held online, salary is credited online, nearly every company has arrived with their wallet like Samsung Pay, Amazon Wallet and so on. Digital currency is already used but also but working parallel with faith system due to which banks still pay important role.

The future is that of digital currency and the whole world will use digital currency in the future. Already many companies have started accepting bitcoin for their payments. The world is gradually turning towards digital currency and soon all the people in the world will use digital currency as their legal and regular currency. Cryptocurrency will take over.

But not all people know how to use technology, there are some places that there is no signal of internet. I think if the government support this thing they will surely improve the life in a remote area and teach people to use this kind of technology. Digital currency can't take over fiat money, we still need fiat to transact easily in our day to day transactions.

Bitcoin is already famous enough more than fiat and all other currencies, most of time people have found bitcoin more reliable and easy than fiat or regulate currency, gradually we are shifting to the digital era where almost everything is depending upon online payment system using digital currency, so this is clear for us to be sure that new age will be the age of crypto currency so I think bitcoin is going to replace the fiat currency from the world.

Crypto currency Nucleus Vision (NCASH) is a digital token that was implemented during the company's crow crowding. Nucleus Vision in order to raise funds for development. innovative technologies in personal identification. The process of development, as we said above, is the company Nucleus Vision created in 2014 on the basis of Harvard University. What Nucleus Vision is doing is truly brand-new technology, because in their work they use blocking and real-time sensors without using RFID, Wi-Fi and Bluetooth.

Well as government concerned then I would say bitcoin is free currency which has no connection to the government and bitcoin is the famous one as everyone know about it well, it is applicable to buy all kind of good and those how are willing to have shopping online bitcoin is the best choice for them. For me bitcoin has taken the command already as almost every country to now switching to digital currency system of payment so digital currency gonna make the future of fiat so dark,. You will see just wait and watch.

If we look at the way these digital currencies are making their name in the international market, then we will get to know that these crypto currencies are creating a very strong impact in the society and that there are likely chances that a major portion of this world will switch from the traditional paper money to the digital currencies. once this thing will happen, we will be able to see a whole new world.

Things are not that much well organized as all of us were thinking of them to be but still things are not that much bad either. There is always a right time for each and everything to happen and that we cannot expect the things to happen exactly at time when we want them to happen. Digital currencies are creating a very strong impact and that they will surely lead the world in much better way.

Hello, digital money is very good and easy to use but  it is very new to the people. However, the technology is new and challenging for government official to understand. Even when they don't understand, it will take bold leaders to act on the use of it. Also, many people believe in the use of virtual  money however, they believe that digital money is a scam to them and don't want to here about it.

We can see it clear and now it is the time when we can use only digital currency as main and easy source of payment, it seems it will take some time but bitcoin will surely able to dominate the global financial system, still almost every counter is there how are supporting bitcoin now and almost every counter is now buying bitcoin and using it as source of payment so it is going to make all payment systems according to digital payment system.

i think cryptocurrency will not take over the market, because in some country, they banned cryptocurrency...
I am pretty sure that cryptocurrency just altenative way to us to do some transaction, money will last forever, i guess....
Not everybody in the whole world know about crypto and not everybody had tools they need to do so...

Well it is modern age by the way, where almost everyone is educated and they better know about the ups and down of bitcoin market, it is need of everyone life, people are in need of facilities and bitcoin is the most facilitating currency so I think gradually bitcoin is taking over the world economy, most of people knows now bitcoin as it is the most wanted currency now and people are preferring to use it than cash money.

You are right that some countries have banned crypto in the respective countries and my country is one of them. But I am sure this ban is for the time being and these countries are studying blockchain technology and when they realize the importance of blockchain and crypto they will allow their people to invest and trade in crypto but till then we will have to wait.

Cryptocurrency is prevailing in the world and more and more people are investing in bitcoin and Altcoin. Future is that of cryptocurrency and no doubt it will take over the market in the near future. Bitcoin will be the mainstream because it is the leading crypto in the world and Ethereum is after it. Other coins are far behind from BTC and ETH.

No way. Modern world completely depending upon digital platform. Online marketing, trading and business are backbone of economic ecosystem. So Bitcoin not take over.

10 years and I am sure some people will still prefer or probably may not be knowledgeable enough to accept digital age and I feel it would take more than a decade to see this happen either a centralized way or decentralized way as the case may be.

People are beginning to see anyway how the banks have so much placed us all in a form of bondage when it comes to spending and I believe that is one thing the digital age has come to sort out.

Digital Currency Take Over :)

hahaha, I think you have a point too. Countries that do not legalize digital currencies actually make a mistake. But I do not think they didn't mean banning but it takes time to learn about the world of digital money. I think about 5- 10 years is actually enough, given the bitcoin if from 2010 to 2015 is already very rapid growth. Probably 2020 - 2025 will already be completely adopted bulk about 80 per cent more. But this is only my personal estimate, hopefully, there is doing research and provide more accurate data. Let's wait and see.

Government officials do not need to know about everything the good thing is they can hire experts to tell them why this technology is good, but that is not what they do government officials listen to the banks and they tell them that bitcoin and cryptocurrencies are bad for the economy of the world and that is why many governments seem to have a strong stance against bitcoin.

i dont think it can take over fiat currency! the system has a lot to do before consider to a replacement of current currency. moveover, cryptocurrency volatilty makes it imposible to society to use this in their daily needs.

maybe it could be done! but not this moment. it still lot of issues to fix and a lot of discussion be put into table before seing this to happen.

The advent of technology has led to a tremendous push for digital currencies. Cryptocurrencies in all its forms have been the rave of the moment. Most businesses are already accepting bitcoin as a means of payment. But there is still a lot of hurdles left for the digital currencies before it can gain further adoptions. And also it can never take out fiat, NEVER.

I will not say that digital currency has taken over the normal regular currencies yet. However, there is no way that we can doubt this thing that the digital currencies are taking lead over the regular currencies in so many ways and that now the interest of the people is greatly changing in a way they are more interested in knowing about the crypto currencies and that they are also investing their money into different coins.

It couldn't possibly as you though but when it becomes possible I knew and I guarantee that it will take a long long long time for crypto to take over the whole currency existing in the world. Even though technology are occuring nowadays it is hard to say that crypto could play a part of being a global currency, not even close though. Besides, government isn't still pleased to make a way for crypto to take a part of being a currency in a certain country.

Crypto will diversify our economy and hence threathing the business models of most bank. Reason why they dont wna accept it.

Unlike fiat currency, cryptocurrency cannot be debased by any government because it's not tied to any government.
I think it will make more valuable for cryptocurrency in the future.

I don’t think that after 2-3 years all people will come to know about cryptocurrency. In my country many educated persons do not know even the name of cryptocurrency. That’s why I doubt that couple of years is very short time for crypto to take over the market. It will need more time and I think 10 years are enough for crypto to take over the market.

Well it is very clear and obvious that time will make all clear, digital currency is now successful even though there are some countries who are not accepting but as you said almost 80% of countries do accept bitcoin, i think it is the best decision by any country to accept bitcoin, they will realize it when the time will come after 5 or maximum 7 years, it will not take too long when bitcoin will be the only currency.

For me digital currency took over already as we can see bitcoin is being use more than fiat and people are using bitcoin worldwide global currency, it is my only dream to see digital system all over the world it will be possible if we see people using digital currency only because it is more beneficial, more easier, more profitable than fiat so regular currency is getting vanished because of bitcoin gradually.

I agree we must first need the countries to accept digital currency as a legit payment or currency, it is true that it will take years before everyone will accept it, however this will mean that we will limit digital currencies that we are using, since everyone with the knowledge and capability canneasily make their own, we may need to control altcoins or accept only those who have working projects, since there are already a lot of deadcoins in the market, there is no guarantee that they will never stop creating such. I think by that time when the whole world accepted digital currency already, masternodes and staking might halt, but then again that is in the future and we can never tell what will happen and in worst case scenario, digital currency might not be even accepted.

Time is not guaranteed because till date many people do not know even the name of crypto and they will take long time to get awareness about bitcoin and keep their money in it. no doubt in the far future digital currency will take over the world market but no say how much time it will take. In my opinion it is not possible before 2040. It is a matter of money and one would never trust until he is guaranteed.

Noone can be certain for sure how long it will take but I believe its here to stay. So the sooner the better

Yes it will take a little time but it is going to possible soon, because now it is clear that people feel good while using bitcoin to buy goods and for shopping specially bitcoin remain at first priority now and there are a lot of reasons for it, bitcoin has fast transaction, bitcoin has profit with each good that we buy using bitcoin so I am sure coming era is gonna be age of crypto currency for sure.

The debasement of fiat currency is the biggest problem we are facing today in the economy of the world not only this creates inflation, governments are doing everything they can to hide that information and when the full effects of the inflation are in place people are not going to trust the governments to fix the problem and that is when cryptocurrencies will be adopted massively.

I completely agree with you guy. In fact, it shows clearly that most countries do not accept bitcoin any more, they even impose a ban of using bitcoin. although bitcoin is going viral, the number of people knows about bitcoin is fewer than the ones who don’t know anything about bitcoin. Bitcoin is the demand of most parts in the world but it does not admit officially in the world. Therefore bitcoin or other cryptocurrencies  do  not take over the existing market.However, in the future it’s possible if people have awareness of it.

Till the time there was nothing like that of the crypto currencies in this world, then the thinking of the people towards the money was quite different but now with the introduction of the crypto currencies, things have been changed a lot and that now people have started thing differently as they liked this idea of the crypto currencies very much and that is the reason why the demand of the crypto coins is increasing this much higher.

We can get more profit using crypto currency that making fiat as payment only, having digital currency has made a lot of countries so rich within few years, same in my counter a lot of developments has been appeared after the arrival of bitcoin, people are buying online, earning in online and trust me now in whole world, 99.3% business are being done online now so I think we really need crypto in our place.

It is too soon to something like this which changes the economic system of this entire world. We can say it in a way like this that the crypto currencies are slowly gaining the attention of more people and that people are now getting more interested in investing of their money into the crypto coins and that they really want to switch to the digital coins. Crypto can take lead over the regular currencies but this will take lot of time.

Yeah you are right; it will take long time to take over the market by cryptocurrency. Many people still do not about digital currency and they have never heard about cryptocurrency. In my locality people are with average income and they have no money for investment. They only earn to overcome their daily needs. Therefore they are not interested in such a currency which has no physical existence.

They definitely will as none of them will want to lag behind. Cryptocurrencies will enforce the human in the future to adopt it or die hard. I guess in some industry it is already happening. Some industries not at all accepting fiats, to transact with them, we must need digital way of payments alone.

Moreover, I am not sure there is any government that is totally against blockchain technology as a whole bunch of them actually see it as the future, but what a lot of them are against is the idea of decentralization that cryptocurrency brings which brought about the ban and even at that, a time will come when they will not have a choice than to mainly accept it anyway as the market keeps growing and evolving and they see they are missing great opportunities to benefit from it.

Modern age does not mean the banks themselves will not evolve as I believe eventually they will explore the opportunities surrounding blockchain and that would make it easy for them to also blend in a way and that brings about the possibility that digital currency may actually be taking over paper currency in the long run but that would take some time. No one should mistake this however with the idea of crypto eradicating the banks, because that is not going to happen.

We know that digital currency is not just about bitcoin right? so do not be surprised if the future of many digital currency bitcoin competitors who will arrive either from fiat (government) or from the virtual currency itself. but along with the advance of technology. of digital currency will be more widely used

Countries will accept bitcoin with the passage of time. Already many countries have accepted bitcoin and the rest will take some time to understand blockchain technology. When they come to know about this technology then then will accept bitcoin as their legal currency and thus the whole world will use only bitcoin for their daily needs in their local and international markets.

The concept of cryptocurrencies is so new and revolutionary that I cannot blame people for not understanding it right away, this reminds me of cell phones, back in the day people used their home phones and public phones and no one understood the need to carry one with you but as time passed people understood the advantages and now even kids carry one, and this is what it is going to happen to cryptocurrencies as well.

No one knows pr predict exactly when digital currency will takes all over the world fully. Because its takes long time, now the world is moving to digital. Many countries now accept as legal and at the same time many banned the bitcoin. Some countries have planned to develop their own crypto in their country. So we have to wait for long time that entire system will change to digital currency.

Governments are simply afraid that with the legalization of payments in cryptocurrency, they will lose control over taxes,because payments in cryptocurrency are much more difficult to track than in national currencies,the only Issuer of which is the Central Bank of the state. No wonder the national currency is the only means of payment under the Constitution of many countries.

As the digital currency was already decentralized in the global market, the tendency is that the digital currency have its value to compete with national currency. But Digital Currency cannot take over the National Currency of countries because every country have its own currency that recognized by their government authority in regional and local in revolving their economy. But digital currency is adopted as second priority in selling and trading in the market especially in Blockchain Technology which is now in demand.

Soon it will take over because the world is turning towards cryptocurrency and after several years the whole world will use only cryptocurrency as their legal and regular currency. Nothing could stop crypto especially bitcoin from becoming the world leading currency. We just need to be patient and wait for more time to see this with our eyes.

It is a matter of time because blockchain technology is growing and in the near future it will hold the world and then everybody will use cryptocurrency for his daily needs. Till that time it is not possible for digital currency to take over but when governments realize the importance of blockchain and cryptocurrency they will legalize bitcoin and Altcoin.

Yeah all is about blockchain technology and bitcoin is backed by this technology. They want the whole world to use bitcoin as their legal and regular currency in the future and they will succeed because the world is turning towards digital currency and bitcoin will hold the market in the future. No doubt it will take long time but the future is of bitcoin.

You are right that some countries have banned crypto trading, but I think that this banning is for the time being and soon they will allow their people to invest and trade in crypto. The world is turning towards cryptocurrency and in the future entire world will use bitcoin for their daily needs even in their local markets no matter how long it will take.

in the world already more than 12000 points where it is possible to pay off crypto currency, Germany and Japan officially recognized bitcoin as a means of payment, in Russia there was already 1 hearing of the bill on digital assets. Changes are inevitable

Digital currency is gradually getting more adoption I should say. However, if you mean it totally taking over the market and wiping out other forms of transaction then that would be extreme. Consider the underdeveloped countries, the illiterates and name them. If everything suddenly goes digital, how do they survive?

It recently happened in China as they banned bitcoin in their country but now they are unbanning it again, we are proud to be a bitcoin user as it give us profit and income, now a day nothing is more beneficial than bitcoin, so I am sure soon bitcoin will be the most demanded currency as people have found bitcoin easy to use and safer to hold so they prefer using bitcoin more than the real currency.

I think chinese government will decided that bitcoin is very beneficial for their citizen and also it will gain the economy of their country so that's why every country should accept this currency because it will give them a lot of benefits and their economical situation will more gain and bitcoin will also more improve and its price will also high.

Governments are afraid but at the same time they are fascinated, they are thinking of all the possible properties and advantages that a cryptocurrency created by them will have, can you imagine a government with their own crypto where they can do and undo whatever they want? They could change the tax rate or the inflation rate and you could do nothing to stop them, there will not need for those changes to be passed in the congress since they could just change some lines of code and be done with it.

Yeah digital currency will take over in the near future because the world is turning towards digital currency and in the future all other currencies, fiat and paper will be eliminated and only digital currency will be used all over the world. From barter system we reached to digital currency. With the use of digital currency purchasing and payments will be easier.

I do agree with you as we are not loving in the world of digital currency where we need it the most, for making our economy well and good, now a day price of bitcoin is getting high so people are taking keen interest in digital currency, for buying goods, for paying bills and having an established business as well, so bitcoin is getting higher value than fait money all over the world.

Digital currency will take over the market but it will take long time, because it needs to reach in small towns in the world. When more and more people come to know about crypto and they realize the importance of crypto, they will invest in it, otherwise they will never accept crypto for their investment. The future is of digital currency but not in the near future.

No town is now smaller mate as now we are living in modern age where everything is really progressive and well developed, I think now we will soon see bitcoin famous all over the world, every village every town has internet access in my place so people are taking advantages of new technologies and using bitcoin as payment and purchasing goods online, on the other hand people are earning good amount of money so after having such amazing advantages from bitcoin people are forgetting about fiat and regular currency.

Now one of the main arguments in favor of the "bubble burst" are low volumes on crypto-exchanges. And I completely agree with the fact that the volumes are really low and until the volumes increase, we will not go up.

Somehow, you got a point! Digital currency is known to day as a good way of holding your asset. cashless society, is where we heading to! I would like to emphasize that we already have digital currency in our market system. Credit cards/ATM and so many other digital asset that consider to have a value in the market place..
Crypto currency is also consider a digital asset but its far beyond to take over the current system that we have today. There are still issues that needs to be address before it could rule the economy.

Yeah it is to be done because we are exchanging from barter system to paper currency and now this innovation will take place and nothing will stop it as many people say that it will never happen, but I say that it will happen and we will see that the whole world will use just one digital currency and that will be bitcoin, but it will take a long time as well.

Yes digital currency has take over the world now but let me tell you that most people in the world have not no much about the digital currency. Where let us use all what we have to make more information available to people about cryptocurrency world. The cryptosystem is now getting better.

Most money today is just a bunch numbers in a computer and not actual physical money so cryptocurrencies do not have to convince people to go digital since they already did long time ago, now the only thing we need is for the people to understand the concept of cryptocurrencies and accept the fact that cryptocurrencies are way better than the fiat they are using, it is going to take a lot of time but it will eventually happen.

Same as you I really think that it will surely happen, because now in whole world demand for crypto currency is increasing, each and every country is agree to make it legal because people of country are using bitcoin without any fear of government actions, people have now good ideas of generating money from it, bitcoin is openly acceptable in every market and every shopping malls, so gradually need of fait is getting vanish because digital currency is taking place because of fast and easy digital system in every public places.

Digital currency is now the order of the day. However,  many people are now aware of the digital currency but little if them make use of it. I want to employ people they should make awareness to the people. If this done every time the world of crypto will become large and great. 

Your every point in favour of the cryptocurrency is right , but here a big factor that I think is the point view of understanding about the digital currency .
Most of the people in this world are happy with their routine work and they don't want change that works and they want continue to work like that  so here I don't think that they will see digital currency as a better option in Thier life , they will only go with the Fiat currency system .
So a type of understanding will not make them in favour of the cryptocurrency , even if they know very well that how much they can make and what they can achieve in Thier life .
So better for us to show our power that what we can do with the cryptocurrency and make use of cryptourrency as much as possible in our daily life to.give a better place to the cryptocurrency in our life .

I think it will require a process for switching to digital currency, we know that not everyone is using gadgets and internet today, of course, digital currency can not be implemented directly, digital currency will surely take over, but it will take time and a long process...

This is true, people are lazy they are not going to adopt cryptocurrencies unless they have to, many people resisted to use computers and the internet at first because they had a way of doing things already established and it was not until the advantages were very clear they had to change their ways, so I really think we are going to need a crisis so we can see the adoption to grow considerably, this will be similar to what happened to those that lived through the great depression and that never trusted in banks ever again.

Digital currency take over no not yet the World have not really know much about the new world of digital currency. Also, many of this digital currency or token have not be make use of the way the team member plain it. However, if this still remain the same in digital world or better put in cryptosystem it means that little people still know this new world. To know this new world of digital currency better we both have a lot of work to do. The world of digital currency is getting better.

Well I think it is not true now crypto currency is famous enough all over the work, almost everyone knows how to make good profit, bitcoin is at high demand everyone is trying to make is legal in their country and they want to benefit their people from it, bitcoin is taking over the world because every market every school and every university is ready to accept the payment is form of bitcoin, there is nothing to be worry about just keep calm bitcoin is going to be global currency soon,

Fiat money will stay even digital currency becomes stronger in the future because fiat money is much more easy to use very liquid and of course this represents one nation. I think digital currency will just be a great alternative to transact online aside from credit cards.

They would co-exist and we will have many choices then of how we would pay if it would be cryptocurrency or fiat. If we think about it, cryptocurrency is just like paying through credit card/debit card because there is no physical money involve. It wouldn't be able to eliminate physical money though because it would be hard for the people who have no access to technology to transact if they don't know anything about it and they can't even use it. Electricity would need to be solve first before the legal tender would be taken over.

Its only a matter of time before the digital currency fully take over the market because were in the modern era now.  :D :D

Yes, indeed, countries that do not accept digital currencies are doing wrong. They want to get taxes. But they don't receive them anyway. Because all the same in their countries cryptocurrencies are present only illegally. But still, I think that digital currencies can't completely replace fiat money. They will exist on an equal basis.

I don't believe that bitcoin take over. World becoming closer to closer due to modernize.one day people don't to buy,sell, shopping, marketing with paper money .so they show their egarity towards online currency.

You should believe in this reality because now bitcoin has gain the attention of almost 99% of population, because now we are living in the digital age where we will need bitcoin the most, it makes double of profit such as we can buy goods and we can enjoy easy and cheap online shopping, gradually people are being interested in digital currency and forgetting about fiat, because it will only buy you goods but using digital currency will help you have extra money along with purchasing.

Well, like you said, there are countries that doesn’t support Bitcoin cause of several reasons… so do you think it can go that far when there are more opposing sides?, 🤔I’m saying this cause I don’t think so. Bitcoin (cryptocurrencies) will make progress but not to the extent you’re looking at, I just believe that everything will be balanced in the market.

Maybe time will come when some of the countries that are against the use of cryptocurrency will learn to accept but not without terms and conditions. Whatever happens, just hope it’s for the better.

It does not take too long for the time to be change so I think one day it is possible to see bitcoin being legal all over the world and those who are against bitcoin will accept it, now we are aware of the bitcoin power and the value, all over the world almost 80% of countries are accepting bitcoin and using it as source of payment and investment so I think there are high chances to see bitcoin as the coming currency for all of us.

We are on the digital age so there's no point on fighting. Books are now turning into ebooks. Maybe mid-aged people still patronize it but the future generations are gonna stick to ebook. That's what will happen to fiat and it is destined to happen.

I would say 5 to 10 years from now digital currency will take over the financial world. I am saying this because as to how I see the transition that we are making from fiat money transaction to cash-less transactions and payment it is very clear that we are already in the digital age wherein money and cash is not a big deal as long as you can do transaction using digital money. Yes they can say that digital money is prone to being hacked, but they should also know that fiat money and cash is prone to corruption and that is why money laundering is happening.

Digital currency is the new era of exchange. It will take over all form of exchange very soon

For the most part, the cryptocurrency is more of an investment asset than the usual method of payment, which can be used in everyday life. In addition, virtual money is a parallel developing monetary system, and it is not legal in many countries.

It's very beneficial for cryptocurrency holder if the digital currency will take over but its hard for it to become successful because digital currency is dependent on the internet connection and the network is limited only in some areas.

I think its hard for digital currency to take over because all the areas in the countries are fully spreaded with internet connections and aside from that the systems of many stores and establishment are not yet ready.

Yes you’re right man, I just believe that fiat and cryptocurrency will coexist and everything will be balanced in the market and we won’t have no need for competitions or whatever. I believe people should be allowed to make their choice, If you decide that fiat is the way then you can go for it, but if you think that cryptocurrency is the best you can also go in for that. We shouldn’t be creating competitions here and there.

I don't think cryptocurrency is ready to replace paper money. Before we even think about a world running on just digital money, governments all over the world will need to agree first on a global cryptocurrency that will be acceptable to all countries. Think of it as the digital version of the US Dollar or the Euro.

Do you think the US Government or the European Union will agree to let go of their own currencies in favor of a cryptocurrency that they cannot print on their own? How will they manage their country's interest rates if they cannot print paper money out of thin air?

More and more people are investing in cryptocurrency and the number of countries and companies are also increasing with the passage of time that accepts bitcoin. It means that the future is that of digital currency and it will take over the market. No doubt it will take long time because many people still do not know about cryptocurrency but soon they will know everything about crypto and its future.

Not every nation, there are nations that are kicking against it, though some of them has allowed the use of it, but not without terms and conditions. Bitcoin can do better than most payment methods cause it is fast for making international transaction and the fees are very low.

Another thing is that it can be an investment and can also be a source for income if you work hard in it.  It don’t mind those that says it’s free money, it is not free money.

In the future digital currency will take over the currency market and I am sure that all other currencies will disappear from the market, no say how much time it will take. The world is turning towards digital currency and in the future bitcoin will be the only usable currency all over the world. It will be the mainstream in the future no matter how much time it will take.

Bitcoin and the cryptocurrency market have confirmed their position in the world financial market as they are gradually adopted in many countries and financial institutions around the world. This has made the position of Bitcoin and crypto more and more variable. I believe this is a very good time to invest in cryptocurreny.

Just like the internet came back then, Digitalization of the world is coming and nothing will be done to stop it

It is modern age and I have never heard about any such place where internet is hard to access so I really think bitcoin or digital currency will take over, I recently saw a post by a person who was saying that he use to live in back ward village but still bitcoin is being use source of payment over there so, I think it is not so far when we will be able to see digital system of payment in every corner of the world.

yes i agree that we are now on a modern age and internet is always accesible all the time because even our phones or any other gadgets do now have an internet , so everyone is capable of accesing or using a bitcoin but of course , there were also poor countries and poor families/people that doesnt have the ability to buy such gadgets with internet or buy an internet subscription , that is why not all people can be able to use bitcoin and any other cryptocurrencies because of the status of thier lives .

the risk for the digital era is very high, regardless of the number of fraudulent projects .. this we can see from some FUD yag can make digital ruined .. because sometimes the trust can be lost due to negative issues .. and this is very risky for us all

the digital currency has been recognized by most countries because it is a modern technological advance, but its function is still not approved by some countries as a means of legitimate payment transactions for fear that citizens prefer digital currency as payment transactions than the existing currency. as long as legalization can not be given by most countries then digital currency will not take over the official currency position in each country.

Indeed, internet is so effiecient in this era hence the accessing crypto is not a problem however, the things is there are still some places in this world has lack of tools or medium to access this crypto. It'll take times for bitcoin to be used throughout the world yet, I don't think so that this crypto could take over fiat because it is very impossible to happen, maybe it'll just become an alternative mode of payment.

People will use digital currency in the future. What does it mean? It means that in the future digital currency will take over the market in the coming days. The whole will use digital currency for their shopping even in their local markets. I am very sure that the future is that of digital currency and all currencies paper or fiat will disappear from the market.

This is this might be the greatest invention of our century and with the technology that we have right now it will have a big possiblity to take over the current fiat money.

There are still some problems with the supervision of cryptocurrencies!
When some countries study more detailed regulatory measures, the cryptocurrency will be completely pushed to the market and the legal currency will certainly maintain the financial order of the market!

it will not take so long time, maybe we just need 3-5 years later,because internet can make everything faster.

no it is not impossible, I think people power is more powerfull than goverment power, just see how Crypto can makes world change everything

I agree with this. Many countries have to accept Crypto revolution,and thet must think about the best solution to regulate it, in hope  not losting the Tax and protecting the citizens

nowadays the internet is very efficient in accessing crypto becomes very easy, but there are still some places in the world that lack the tools or means to access the internet is difficult enough, It will take time for bitcoin to be used worldwide,.

People will use digital currency in the future. Future digital currencies will take over the market in the next few years. All will use digital currency for their market activity, I firmly believe that the future is a digital currency, even if paper currency or fiat will still be exist

anyway there are still some problems with the supervision of cryptocurrency!
When some countries learn more detailed regulatory steps, cryptocurrency will be fully driven into the market and the currency of the law will definitely maintain the financial order of the market!

Digital currency is the future. Take for example Estonia--they are attempting to create their own coin and standardize it in their country.

Yeah the main point is that people are turning towards digital currency and crypto is one type of digital currency and bitcoin is the leading crypto in the world. It means that people will use only bitcoin in the future. In these days many people are using bitcoin for online shopping. Therefore it is obvious that bitcoin will take over the currency market in the future.

Indeed, we cannot stop innovation because it is inevitable. Just like internet, digital currency will become powerful that can be one of the way to make a payment for any kind of transaction but I don't think so that it will overtake fiat because, fiat is still more efficient yet preferrable of people. Therefore, digital currency can only be as an alternative for fiat transaction.

Bitcoin is taking over but not in everything, it’s only taking over in the areas where it is meant to. It is a better way for making transactions and one of the best options when we talk about investment. Bitcoin was the first investment I ever made, and it proved to be reliable, despite a few losses which I was also able to recover plus the huge profits I made. Bitcoin is indeed one of the best decisions I ever made.

You are thinking it because you have no idea of the coming era. Just think 30 years ago, who could think of cellular phone but today everyone are using it. Just like that today we cannot imagine the coming situation of currency market but the future will show us that digital currency take over the market and the whole world is using just one currency for their daily needs.

The advent of digital currency is really making a buzz in the internet and into people's lives. Following satoshi's goal of making bitcoin as the medium of payment alternative to paper money, it is facing a barrier which i think is really hard for bitcoin to fulfill its goal. You know, bitcoin and crypto can't be use offline so i think that's the biggest barrier that might spoil its goal.

Yeah of course digital currency will take over the market in the future. It is fact that it will take a long time because many people do not know even the name of crypto and digital currency how they can invest in it in this day? We will have to wait until all the people in the world come to know about cryptocurrency and invest their local money in it.

Digital currency will not take over but it will be added in the circulation like fiat as a mode of payment. Many countries now embraced the blockchain technology because of its advantage to the economy especially on financial aspect.

I agree regarding not taking over of the digital currency but would become one of the payment option because more merchants would accept cryptocurrency and more people would adopt it. It may happen suddenly but slowly, we can see that more people are getting aware of the existence of it.


There would be a solution to this like how SMS is use. People would be able to use cryptocurrency without the need to use the internet but through SMS. I saw an ICO that has this goal of making it possible for people to use it without the need of accessing the internet.

Digital currencies are a serious threat to old banking.This is the reason we see lots of fud in digital currencies market.It is not easy to replace the existing system but surely ,sooner or later ,digital currencies will take over overall economy.

Everything would takes time which cryptocurrency would be gradually adopted on our daily living just like on using up local fiat but it would really just stay on that area and i cant really see the possibility that it would go above local fiats because no government will really let this thing to happen.Crypto will be just good as an another option or alternative but wont really come to a point where it would take over.
This would still lead up into severe debates and argumentation's if someone tried to push it up.

Yeah it is a fact the future is that of cryptocurrency and in the future it will take over the market. All other currencies will disappear from the market and only bitcoin will prevail in the whole world. The world is turning towards digital currency and bitcoin is the leading digital currency in the list. No doubt it will take long time but finally it will cover the market.

Many countries are open on using digital currency as a mode of payment within their government but with some restrictions, and most of its use is only limited and does not apply to all. Like here in philippines, there are people engage in btc, and most of them are students and young adults. However, its not recognized by business owners because they are not aware of it or maybe because they are afraid to try due to the bad news that they saw or heard from the television. Additionally, there are few countries who banned crypto exchanges within their government. Common reason is that they wanted to avoid illegal transactions or to protect the public on the risk that can be brought by other cryptos. There are few cryptos that are not legit or scam, just like the news that i saw on tv last january or feb (dont know the exact month). But on the news it says that most filipinos invested on that crypto then they found out that it was just a scam.
So on my opinion, i think digital currencies will not take over the economy. Besides, the government will not allow it to happen because it will make a lot of changes in our economic system. Digital currency is different from fiat. Digital currency will only be another form of currency (electronically) which is an alternative to fiat.

Digital currency is becoming quite popular and have made a name for itself. Unlike those days when it was not known. Almost every media now carries stories on cryptocurrencis and it is still spreading like wildfire. Blockchain development companies are coming out with full force even with all the FUD going on with it. SO the question is if it is fake and scam why are companies deeply involved in it. I believe is just a matter a time and these things will become the rel thing  and it is spreading fast.

It is not clear what you mean by digital currency, if you just mean fiat in digital form then most of the money of the world is already in that form, most fiat is just numbers in a database and nothing more, but if you mean cryptocurrencies then it is going to take a lot of time for that to happen and in my opinion we will need a little bit of good luck for that to happen.

There is a big potential for cryptocurrency to take ove and replace fiat money but more time for this. A lot of big people are feeling the pressure now with cryptos and they know if they don’t make a move their business will die. FUD news are also comes from those big companies they feel the threat now. No one can stop cryptos from soaring higher, in time this market will boom again.

Cryptocurrency, especially Bitcoin has accomplished a lot.I can remember that there wasn’t much people here in the forum before ,and most of these new exchanges weren’t out as of then, price was even low cause there was not much demand for it. But now look at how far the price has reached. Many would have thought using their. Bitcoin to buy pizza back then, but now you can use it to buy a car.

Yeah it is right the world is turning towards digital currency and the future is that of digital currency. All other currencies will disappear from the market and only digital currency will take place. Bitcoin is the leading currency in the market therefore I can say that people will use bitcoin as their regular currency in the markets. But it will take long time.

I think in the future. When the time comes that bitcoin is accepted in all countries and when it is legalize in every country and when banks accepts the bitcoin as deposit and withdraw and when we can buy anything with bitcoin. That is the greatest thing that will happen in cryptocurrency history. Especially in bitcoin history. Cryptocurrencies can take all over the world easily if they are legit or true that people can make money out of it.

Digital currencies are getting in demand and people have started suing it.

Here you can argue and argue.I think it will be at least 20-30 years until we all move to the digital currency.Can you imagine now that would be your mother or grandmother went to the market and paid all the crypt? I think they can do it, but it's a lot more convenient with Fiat money.And in order for crypto to take root , it takes a lot of time, not to mention that now it is dangerous to store crypto!We all know how many hackers steal every year, not counting the fact that in life now on people who are associated with crypto immediately in danger, I have a friend robbed on 30 BTC, well survived!

Digital currency has some unique features, including the blockchain technology. It also has its down sides; it is an unregulated sphere, total anonymity of the traders.
I think it would be a while before digital currency takes over.

It will soon take over as the world is now getting into the Digital world.

It is an ambiguous situation and one cannot really say whether it will take over or not.

There are many countries that are converting into the Digital world and the digital currencies.

Sooner or later this will happen, yep, now everyone is still comfortable using real currency for the payment system. Perhaps the future will be many people who use digital currency as an alternative payment system, although this has happened at the moment now in countries that receive bitcoin or countries that resist and neutral to bitcoin.

If Bitcoin and cryptocurrency have been received thoroughly by different countries, I am sure the problem will be easy to overcome. This is a great opportunity for cryptocurrency developers to refine a system so as not to be viewed badly by various communities. Because for now they are still 50:50 to do so considering cryptocurrency has not been well received by some countries.

probably will not take over because some countries still ban digital currencies, but the development of digital currencies so far is very good and already known almost all over the world and many countries now use blockchain technology,I think the development of technology is difficult to be dammed so there is a chance take over but it won't be fully.

The majority still shows that fiat or the paper money still dominate the digital and the physical market because there are billion of people there that doesn't know yet the thing called "Bitcoin"

Cryptocurrency is digital currency and when people and especially governments know about blockchain technology they will accept crypto and will allow their people to trade and deal in cryptocurrency. The time has started and many countries have already accepted bitcoin as their legal currency and the rests are following them. Soon they will accept bitcoin.

The future is that of cryptocurrency and the whole world will use only digital currency even in their local markets and as we know bitcoin is the leading crypto in the world and is acceptable to everyone, therefore people will use only bitcoin. The fiat and paper currencies will become idol and nobody will use it. Bitcoin will replace all these currencies.

Digital currency hasn't yet taken over because a lot of countries don't even recognize it yet but going forward, with the rate of technological advancement, digital currency can takeover the fiat currency in say a decade time

The potential is there but that does not mean that it is going to happen, there are too many created interests that are invested in the idea of fiat money and they are not going to let this system die that easily and even if in the future it happened they will find another way to deceive people and make them accept a system that benefits the bankers and not the people. 

This is the exact reason why bitcoin will never be mainstream. It will always be a form of mutiny. It not necessarily a bad or a good thing, that of course depends on the users themself. We can already see how blockchain is being recognised by various governments, how they plan and introduce currency's of their own, centralized and under administration control. Decade from now, state issued crypto will be a quite regular thing. Early adopters and enthusiasts of today should bear in mind what and who was the first on the stage, because next generation will not care.

I think that the existence of a digital currency will benefit everyone. It's a pity, but it's not soon. Fraud is growing more and more. I hope that such projects as Menlo.one will reduce the level of fraud and bring the digital future closer.

Yes, the chances are really high and they can easily do this.

I think it is difficult for digital currency to take over the current market because it was not accepted and recognize to other countries. It is also not fully develop because you still can't use it as payment method anywhere and it always required internet everytime you make a transaction. A lot of development needed for bitcoin before it was recognized by all means.

The things are changing rapidly. Everything could happen, therefore, the smartest way to invest in digital assets is to build a well-diversified portfolio based on your risk preference and investment goals. Such a portfolio would likely include a substantial holding in bitcoin and small exposure to promising tokens. I have found a trustworthy project. It is called Socratus.  It is an insurance ecosystem which provides a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem.

Although digital currency has great potential, most of its current role comes from commercial hype, which makes the price of coins unsteady. It is impossible to replace cash with unstable coins. If your water and electricity costs are every minute. In change, how do you feel?

That's the way I see it too. State issued crypto will follow the same model as this initial stage did but will be of course... state regulated! The bitcoin thing will continue to be pushed into the sidelines so that the governments can get their bearings and establish something that they have a better handle on. Then they'll track transactions and sell the data to market research firms. The perfect efficient economy! No more leakage into mattress cash or untaxed earnings

If you missed it have a look at this thread The only way that governments will successfully compete with Bitcoin (https://bitcointalk.org/index.php?topic=4703851).

I agree with the analysis that to make a cryptocurrency that could be better than Bitcoin governments would have to do things that they are unwilling to do.

In some countries around the world, they do not have tax laws on cryptocurrency. So, countries that want to grow in cryptocurrency, must have their own tax laws.

I don't really believe that digital currency can take over because fiat is very important especially for small transactions that does not need internet connection.

we've been into digital currency for more years.
it is what we call debit and credit card.
it is controlled by banks and its merchant. but if we need to change it we have BITCOIN on its virtual currency.

It is a shame but people as a group and even individually are very easy to deceive, many think that people will prefer the real thing over a fake copy created by the governments, but if that was the case then we will not have fiat in the first place, people are going to see that with a government issued crypto they do not have to wait decades for adoption to come true and they will begin to use it, even if it means that the governments and banks have complete control over their money.

Exactly. They will not let this system die easily and even in the future, they will find another way to deceive people and make them accept a system that benefits the bankers, not the for the citizen.
This leads to misunderstandings and difficult to detect.
So new investors come to consider carefully and choose wisely
Not to be directly affected by your pocketbook.

No no I don't believe it at all because modern world becoming Digital to ultradigital due to technology and people interesting to have some exceptional service like bitcoin online currency.

Digital money is now a hot topic for us in developed economies such as the ones who like digital currency as well as who accept bitcoin as a valid currency deal daily

The way these crypto currencies are making such a big name and that too in this much of the time, I don’t think so that there will be any such thing which will stop these crypto currencies to lead the world in the future. These crypto coins will surely help this world in becoming a better place to live and that it will help the people who trust these coins in having a better living.

Since the time these digital currencies have came into existence, we have seen a very much positive change in the overall market as well as the living standards of the people have also been greatly improved. With the passage of time, there are likely chances that these crypto currencies will take priority over the existing regular currencies and that this world will become a better place to live.

in the long run. the digitization of money is the future trend. it is easier to circulate. it will break the limits of the country. bitcoin has implemented it. I believe btc will become a world currency in the next decade.

Digital currency will one day take over,  it might take a while but nations who refuse to embrace it at the early stage would play catch up eventually.  I am for regulations cuz of decentralization,  criminal minded people would take advantage of it,  as you can see,  fraudsters are swinging up everyday with fake ICOs and the likes

Time does not remain the same all the time and that there is no way that these regular currencies keep on ruling this world for life. Things are changing in a positive way and that people have started trusting the crypto currencies more than that of the regular currencies and that there are likely chances that these crypto currencies will take lead over these paper currencies.

Slowly but surely, this is what happening now in this cryptocurrency thing.
we are gaining popularity and number of users and holders every day.
the system getting more upgrades every day. we will get there soon.

It will take a lot of time before crypto step in our life. I mean when you can buy a cup of coffee with it. Blockchain is very good platform, but crypto till now is just a means to collect investmens.

it is very difficult to determine how much time will need the type of digital money to take over the market today. Because not all countries can accept the cryptocurrency, although the development of bitcoin or digital currency is pretty good but I think it will still take time long enough to recognize the digital currency in a country.
what they say is not true if the type of digital currency is very easy to commit fraud or corruption. era has progressed and developed especially now there is a blockchanin system that all activities recorded and all are transparent, so it is very difficult to commit fraud or corruption.

I believe the would be form of coexistence between other financial institutions as time goes on. So many different form  applicable to each country with their policies would be established

Blockchain itself is technology and tokens are based on that technology. It has nothing in common with crypto progress into real world.

Crypto currencies leading this world was something which was already expected and that this is the only thing which can give us a hope to have a better living in the coming days and that it will help us in having a better economy in the future. Things will get even better and that we can hope that these crypto currencies will make this world much better place to live.

Not at all . digital currency never take over because world becoming popular due to globalisation and capitalism.world population wealth is using online marketing because they chose to virtuality.

Yes, digital currency has take over the whole world now. However, has popular the digital currency is now, the way people take use of it is very low. Also, some set of people still don't believe that digital currency is very really. More awareness needs to be created about it

They are on their way now. But taking over the whole existing currency is not that possible for me. Well, let's tak about first about the technology itself, technology was the medium to use for us to use cryptocurrency but not all the people could afford to have one. Although there are technologies but some others are not supported, that is why it would be very tough for cryptocurrency to take over the other currency besides, bitcoin and the other crypto is not yet widely accepted so, it is not that easy to say to cryptocurrency to take over the real life currency.

I think the digital currency can not take over or replace the fiat currency, I rather think that the crypto currency is an asset, and will benefit if we continue to follow the movement of the value of this currency crypto

Developed countries are not developing towards digital currency, but developing to blockchain applications. Encrypted currency is only one of the uses of blockchain!

It is not possible for the digital currencies to take lead over the existing regular currencies in a year or two as the awareness rate of the crypto currencies amongst the people is far less and that it will take a lot of time and that only then we can expect the crypto currencies to have a better reputation in the international market. However, you can expect that these crypto currencies will being a great revolution.

We are observing a regular change in bitcoin price, there is always ups and down in bitcoin price but it is for sure that bitcoin is becoming popular and its users are also increasing from time to time.

BTW, is there a difference between digital currency and crypto currency?

People have indeed started trusting these crypto currencies but still there is only 1% population in the entire world who is having any kind of information regarding the crypto currencies. It is a very long marathon and that it will take years for the crypto currencies to take lead over the existing regular currencies as these regular currencies has support of the government.

in my opinion the digital currency will take several years to take over the market right now, because it's not easy to take over the market ...
in terms of taking over the market there must be several factors that must be faced after all new factors can be taken over the market ...

Digital currencies are indeed helping the people in much better way than they were expecting and that the investors are very much satisfied with the way these crypto currencies are helping them in having a better living. Things are changing in a positive way and that we can really hope that these crypto currencies will soon lead the world in a way which can help our economy.

We already use digital money.  Is the presence of a card on the hands that does not tell us that we use digital rather than paper money?

I think bitcoin/cryptocurrency is one of the biggest investment in today’s market, but it’s not just taking over and beating every other kind of investment because there are many others that can compete with it and those are real estates, Gold and other sort of mineral resources like silver and Oil, but some people might not believe that. Bitcoin is very good but not the best overall.

Digital means Crypto in here. I believe. Not what we have in plastic

From you last sentence, I go to the other side. I believe bitcoin is the best long-term investment. From what I see, back in 2009, bitcoin price was merely 0.01 USD and 7 years after it went as high as $19,000. Unlike any other investments, you have to invest bigger amounts to get bigger returns, but for bitcoin, if you invest even atleast $1000 USD now, maybe after 5 years, it will be worth $1,000,000.00.

It is not something that one can clearly answer as you yourself don’t know.

Digital currency may take over or be a success in terms of usage in some developed countries over a period of time but it may not take over in some developing and underdeveloped countries because of the development issues and other challenges involved which may not be from the digital currency alone but also from the countries.

I personally cannot see any threat to banking system. I think that it will take a lot of time when bitcoin will become too much popular and will create some threat for banking system. I think that both crypto currencies and banking systems will continue to exist side by side for a long long time.

Bitcoin is popular because it's the first. But it seems to me it is not at all convenient as payment. There are coins that have faster transactions. And some new coins can become top, if the amount of the scam will decrease. If there will be tools like Menlo.one, then it is possible.

The chances are pretty high and you might know that and must be aware of that.

The current trends in cryptocurrency
and digital money is amazing, but the system is still in it's infancy and needs forms of regulations, it is easier to send funds using cryptocurrency, but I see it taking over when there are good regulations ,so investors can be sure that their funds are safe.

Many countries are now trying to  go completely digital, which is a great thing.

in my opinion it still takes a very long time to be able to take over, the digital currency for now still cannot be applied to everyone in the world, not to miss this opportunity.

In my option digital currency take over the whole world now. However, we should know  this at the back of our mind that many people have not hear about the new world of cryptosystem. Finally, the present situation of the cryptosystem also discouraged the traders now. We hope for new change for better.

Do you mean digital payments or digital currency?  I know in the United States, we are the reserve currency of the world, so to forklift fiat money out of the system (and that's not just in our banks but all over the world) then I don't see that happening any time soon.  However with countries with volatile governments and therefore currencies, I can definitely see the play for digital currency.  You see this happening in Venezuela and Iran...

But the fact is, governments make money off of making money.   Will they contribute to a new payment mechanism that takes them out of the game?  As for fraud, if there is regulation...when does decentralized become centralized again??

Yes, you are right in the near future and in the years to come in the future of digital currencies like Bitcoin, I am sure that cryptocurrency can be one method for making secure and convenient payments so that digital currencies will take over paper money.

Bitcoin price is still having a rough time as risk-off vibes in the financial markets stemming from resurfacing trade war troubles hit riskier assets like cryptocurrencies hard. Bitcoin will still dominate the payment of services over cash value.

I don't think that the digital currency's official entrance onto the mainstream stage will take long. It's slowly happening now, and only few people get to notice. I see this crash now as a graceful entrance of cryptocurrency into the real world. I also think the way you do. Those who refuse to adopt digital currencies will go wrong, and they will have this "I-should-have" anxiety once the cryptomarket rally high. Though digital currencies are implausible, they are mirage.  Government is just throwing lame excuses now to avoid this financial revolution, but nothing can stop cryptocurrencies' journey heading north, and this may take place anytime, so better be on the watch.

Digital currency might takeover later on, at this time we cannot claim as  to when will it happen. As awareness and use of crypto happens to many together with the improvement of technology it can happen. As of now we can help people become aware of crypto and help them use it for good.

Digital currency have really grown wild and big all over the globe. However, most  people don't real believe the digital currency is a scam now. Let everybody should tell people that cryptosystem and crypto currency has come with good things.

A decade or perhaps more years., but it is up to the government and people if they are going to push it all out, half way maybe half of the people are using crypto compared to fiat.

People are using the digital currency and it is getting too much in demand.

A digital currency take over! Everyone seems to be talking about that now. It might happen and it might not. Even if it does happen, it might just take 20 or even more years. And many factors will actually decide how things end up. I think one major one is regulation. It is apparent that for Bitcoin to "take over" as we so speak, there is gonna be a lot of regulation slammed upon it by many governments. My fear is that by then, the aim of decentralization might then be defeated.

The future will be better than I expected. Electronic money will help you make quick and convenient transactions. It reduces the cost of failure, shortens the time. And paper money is still circulated but less because it is continuing the flow of the economy.

Yea from digital currencies many people gain benefits from using it, the transaction is faster when you buy something through internet. But not everything we can get from internet that's why it's still impossible digital currency will take over paper currency right now.

It should be take over because digital currency is the future and currency notes not working anymore so please me cryptocurrency gives you more more freedom and easy access to buy or sell anything online offline

That's when the big man steps in and offers to help us out. Because you never know when you'll need someone to protect your money. There could be some serious security issues that we might want to start regulating, and then someone will centralize Bitcoin just for that purpose. Oh and to collect information for the taxman.

Digital payments is different because some countries (Scandinavians especially) are already more than 90% there. I have a hard time imagining a society where no one has cash in their wallets, but I guess they make it work up there. They don't really have to worry as much about corrupt governments so it's easier for them.

It will move forward to been Accepted by all the globe in time

We made the draft concept in 2016. Currently there are 10,000 cyronium coins that can be bought at prices starting from Rp. 25,000 per 0.001 cyronium. The estimation, after the presale and ICO will be spread in the hands of more than 100,000 investors in Indonesia and abroad. So that the price of cyronium will certainly continue to soar

Right now is very difficult for digital currencies to take over. I think we will never see a nation using digital currencies only.

In about five years we may see real improvement reflected in the real world.

this is materializing already with the rising acceptance of digital currency across the globe

Circulation of digital cryptocurrency that is considered illegal because it is not touched by the Central Bank or other financial providers in a country does not affect the circulation of Bitcoin and becomes a growing investment, but the pros and cons of blockchain investment and cryptocurrency like Bitcoin and Coin are emerging..
Since when digital currencies emerge, many of these countries take legal steps and implement regulations by handling taxes on virtual currencies and limiting their use, but now this regulation causes investors to treat the virtual currency as a stock compared to the currency and besides that there is a downside to Bitcoin gaining a bad reputation in society when it is linked to black market circles and money laundering so that these countries prohibit bitcoin transactions which also affect the value of the conventional currency weakening, but no doubt if technology continues to develop government authorities will continue to be systemic to the law, not thinking about understanding how Bitcoin changes the financial future when investors prepare to turn to bitcoin and welcome it when using it..  :(

Bitcoin is not taking over anything, it’s just here in form of an assistance, there are even countries that don’t support the idea of using Bitcoin as a payment method. Bitcoin wasn’t made to replace anything. although bitcoin is going viral, the number of people knows about bitcoin is fewer than the ones who don’t know anything about bitcoin. Bitcoin is the demand of most parts in the world but it does not admit officially in the world.

I think in the next few years digital currencies can take over the market ...
because digital currency can make transactions easier anywhere ...
so the digital world can take over the market in the next few years and I'm sure that ...

As of today, digital currency is taking over the world.
yeah, but in different aspect. cryptocurrency has caught the massive attention of the world again in just a sad state.
we are all down now in the community, Fiat is winning again! what should we do now? will this continue?

yes you are right I am sure in the coming year and in the future digital currency conditions will take over the use of currencies and many will use them for transactions.

It is no longer new to know that cryptocurrency is the future of money. Digital currencies take over is certain to happen as time goes on. The rate of adoption and embrace have increased tremendously from where it was some months ago. With the level of awareness we currently have, it will go round the whole world. It is unstoppable.

In the future where technology will become more sophisticated, people will be more aware of the use of the internet and gadgets, of course bitcoin will be increasingly known for online currency, not just bitcoin but all digital currencies will rise and maybe take over cash payments

currently digital currencies are still very new and not many know the benefits of using digital currency if they are used to make payments and other transactions, but for the future I believe digital currencies will be able to compete with fiat and even paper money is not very useful anymore the future will create everything to be digital.

But all crypto will be known and used online, that's the point of everything. What you two wrote I'm saying for years, but still most of the people ask same stupid questions and they don't wish to spent some time reading comments from years ago. It's not new for a long time, but strength of crypto is at rise, awareness rising too, outcome is perfectly clear if you ask me, crypto will rule the world in near future, there isn't anyway around that.
We already take a good part of this world, just in 9 years, imagine what will happen in next 9 years with higher speed, with more people, now you understand what "to the moon" means. We this pace we will be there for couple years.

I think the key is on the government because the adoption and development of bitcoin will be hampered if the government continues to be bitter to ban the use of bitcoin. of course prospective users will be threatened and afraid to join in bitcoin, when bitcoin is officially legalized, it is very possible digital currency will take over for main payment in purchase, yeah it takes a decade perhaps

I think the digital currency should be It is quick to get money from someone or give it to someone With time savings, money is saved as well

Digital has really take over the globe but mind you nlmost people didn't know how it work. However, I will use this medium to Advise other guys to make awareness to people. And tell them is it work.

Digital money can bring us a better and brighter life why it can not take over other currencies. Not only its value is too attractive to people.

maybe this is the right time for digital currencies to take over, but in this case you have to socialize first because not everyone understands and knows digital currencies ...
so I don't think it's time for a digital currency to take over ...

I don't think whether digital currencies will take over finance, banking the world or not. but I see information that some countries that prohibit digital currencies like bitcoin are now starting to plan their own digital currencies, I myself don't know about this situation, hopefully this will change the world's finances better.

It totally depends on what exactly do you mean and what do you want.

When some countries study more detailed regulatory measures, the cryptocurrency will be completely pushed to the market and the legal currency will certainly maintain the financial order of the market.

No i don't think that digital currency take over because it is running so fast and people taking as bank currency if people take it seriously
then it will not take over...

No digital currency never take over because world becoming ultramodern and people of all classes accept and adjust themselves with digital currencies.

Takeover of digital currency, certainly for now digital currencies are highly sought after by many people around the world, many people are using to get digital currencies, because digital currency is considered more practical and minimal lost

If any news system start then there must be need to flexible to accept the new system until you find anything wrong. Digital currency is not too new but all countries are not same  . These types of things depend on the country regulations, until then no one can tell how much time. If any big country show the good results of economy after regulating. cryptocurrency then within very short time it will get success.

There are several benefits to it then any disadvantages.

Digital currency is fast way of transaction of money from one place to another, we can use bitcoin as fast shopping way and we can get good profit from it, bitcoin saves our time, in very short time we can get bigger output, digital currency has given us many new ideas to save money and generate good profit for holding long time, I am supporting digital currency and I am sure coming age is going be the age of digital currency instead of fiat.

It will be strongly supported and accepted even by the government. For what the more banned they do. And no condition has occurred to itself. What electronic money has brought to the community is fascinating. Get more apps and daily gains.

I think digital currency is still difficult to take over the market, because in my capital human resources are still lacking to receive digital transactions, many rural communities use offline transactions, I think it needs prior socialization so that people switch to using digilat currency

Bitcoin users are increasing only because that they are confident about their investment as they consider bitcoin the best place to invest their money, from where they are also expecting to get a quick profit in a short time.

Digital currency take over is a matter of time. This year alone, it has moved faster than I ever envisaged. We have seen latest developments about countries supporting cryptocurrency and that has taught me to know that majority of the countries that are currently opposed to cryptocurrency will have no choice but to embrace it.

It is not possible to make sure what all it needs for the currency.

Yes, because of this growing popularity this is really high chance to happen. Maybe in 5years this is possible and it will be, who knows?

Many even now signifies that fiat as well as your cardstock income even now rule your digital camera plus the actual physical market place since you'll find billion dollars of folks generally there it does not recognize the issue named BITCOIN.

yes you are a digital currency will be able to master the economic conditions that exist in this world because the more developed the technology will create some digital money.

Digital currency has take over yes, certainly for now digital currencies are highly sought after by many people around the world, many people are using digital currency because digital currency is considered more practical and  fast has a means of payment. However, most people really fair to invest in cryptosystem because they see it has scam.

It will take a while before cryptocurrencies take over fiat currency. I am sure no body can predict the time. I am foreseeing this taking even a very long time to achieve because it means everyone has to be very conversant with the use of computer and computer gadgets like smartphone

Digital currency is still passing through a very critical stage now. Until the challenges associated with the system such as security, easy of use and volatility are fixed, we should not expect digital currency to take over the traditional currencies. We can best describe digital currency as " work in progress"  

digital currency is now widely used by most of the people who know it will be a digital currency, and many people also invested digital currencies. Although there are still many people who still do not know it, but judging from its development as digital currencies add to the interest of the people.

I think for now it seems that digital currencies are still very difficult to be able to seize or control the condition of the world economy, because there are currently very few who know digital currencies.

Governments are afraid but at the same time they are fascinated, they are thinking of all the possible properties and advantages that a cryptocurrency created by them will have, can you imagine a government with their own crypto where they can do and undo whatever they want?

Many invest, because they want to make money out of nothing. And other people devote a lot of time to this. They are really worthy of success.  And I mean not only the creators of projects, but also all others who participate in the development of this world. This is even a promotion campaign, small ones like upvotes.io (https://upvotes.io/buy-reddit-upvotes/)

Mainstream adoption of cryptocurrency would require time upto the next 50 years in my opinion. I don't foresee a society where citizens would not be paying tax or government would not be in control of money policies. Mainstream can only occur when we have successfully figure a way to incorporate government rules (regulations into cryptocurrencies).

we can see now every developed nation is moving towards digital currency. how much time is required for digital currency to take over the current existing market or it is impossible that digitisation will never be successful. my opinion those countries which are not accepting digital currency, are doing wrong only thinking about the tax are saying that we will not get any tax and digital currencies are fake..very easy in digital world,that is true but it also happen in every market,,when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...

Is it possible for the digital currency overtake the current financial system? Absolutely yes! However, it takes years or decades for it to happen or to start that transition.  We must establish the user adoption and trust before crypto can rival fiat currency in terms of spending power or reliability. If we can erase the confusion in everyone's mind and build a strong and right infrastructure, then we will end up receiving all the positive aspects of crypto system can offer.

The world is built on stability and control, these factors are notably absent in digital currencies.
Cryptocurrencies are made as an alternative to conventional currencies, but it would be a while before it can replace national currencies.

I got your drift guy. Bitcoin is possible to take over fiat in the future because as we can see that advanced technology is completely becoming more and more developed and necessary for coming days. It’s such a clearly fundamental to pave the way for cryptocurrencies in some day. Perhaps in the  future, human beings will access digital currencies for payment, and if so, everything is paid quickly and modernly and you know everybody both chooses the modern and convenience. Therefore bitcoin is able to change the position of fiat.

I do agree with you, people are taking benefits from bitcoin so gradually digital currency is taking the command over market. People are using bitcoin as digital currency more than fiat, now people are agree with new payment system as they got to know it is easier than paying with fiat money, bitcoin is being famous among all other digital currencies, so crypto currency and digital currency is taking the rule over the world.

yeah bro this is already the future

Although bitcoin is going viral, the number of people knows about bitcoin is fewer than the ones who don’t know anything about bitcoin. Bitcoin is the demand of most parts in the world but it does not admit officially in the world.

t will take 5-10 years and the cryptocurrency will begin to displace Fiat. I noticed that initially, maybe a year or two ago,I did not enjoy popularity and even the governments of many countries of the world sought to simply ban cryptocurrency and everything connected with it. Now we see a huge increase in the popularity of cryptocurrencies,their closer entry into our daily lives and permissive measures of many States.

I understand that the major reason for Crypto is to hide but can there be a solution that tracks the transfer of crypto and remit tax to nations. I think its fair enough for developed and developing nations to also protect their own end too.

The world is now facing a global debt with FIAT.
I think it will survive if they will use cryptocurrency in the near future.
so many news all around the world now.
and there is one country now who choose BTC than their currency which almost 4x the normal market.

Yes, maybe it could happen because the current technological development conditions are already very developed and payment using cryptocurrency or digital currency is already very widely used and proven that this payment is very safe and comfortable so that in the future payments using digital currency will be used frequently.

No. crypto currency for no reason takes over given that society being famous as a consequence of globalization together with capitalism. society citizenry variety is certainly implementing affiliate marketing as they decide to virtuality.

One of several components can be naturally levy since govt will not desire a new level of competition thus to their fiat currency exchange with no making the most of the idea. Yet another can be net you know that will digital camera currency exchange could merely always be employed online. I really feel digitalization is just not probable since men and women want actual physical income for you to work installments.

I think that you don`t understand what you wanted to say with this bunch of random words! I will report you, I hope others will do the same!

Cause of inflation we can expect fiat economy to explode, there are discussions about it older than bitcoin is. Cryptocurrencies are taking over in a long run, before crypto economy didn`t have alternatives, now with blockchain people of the world have a voice in global economy, not just couple centers in power. Banks are stepping over poor people, they are doing everything to keep little man deep in the hole, blockchain is a light in the end of the tunnel. That`s is the reason behind crypto popularity, now everyone of us here have some voice, if you are contributing to network with mining, or you are a holder you have a voice, with bank account you are nothing you just pay bunch of fees and interest for the rich people to get richer, that needs to be stopped.

I think that could happen if in the future technology develops and more digital currencies are created then this digital currency can control the world economy, because in this world nothing will happen in the cryptocurrency world.

Well, it's too lame to tell a definite time on when digital currencies will lead the mainstream. On the other hand, it's too premature to tell that it will never do so, since it is still in its infancy. A lot of things can happen with it; it can develop its flaws, or burst like bubble. My point here is everything is a possibility, given the fact that the financial market is really unpredictable, whether be it virtual or physical. The most that we can do now is educate ourselves about what's exactly going on in the market, so that we can best interpret it to our advantage.

i think digital currency can eventually take over the world if it is duly regulated.

yes maybe in the future digital currencies will dominate the world and maybe in the future there will be a lot of cryptocurrency created and there will be a lot of cryptocurrency used to process payments.

The digital currencies are very important for our future development of online currency will also helpful for the improvement of online jobs so we cannot think the digital world will not be good for our future it will also one of the development for the economic changes and  for some good online jobs.

I think that could happen and maybe the digital currency will be very dominant in the future and maybe in the future many will choose to pay using digital currency instead of using fiat.

maybe it will happen in the next few years because bitcoin will experience very high demand and bitcoin will become one of the safest payments in the future so that many will use bitcoin.

Digital currency take over no not yet the World have not really know much about the new world of digital currency. Also, many of this digital currency or token have not be make use of the way the team member plain it. However, if this still remain the same in digital world or better put in cryptosystem it means that little people still know this new world. To know this new world of digital currency better we both have a lot of work to do. The world of digital currency is getting better.

I'll rephrase it.
Digital currencies now are in success so what makes you think it won't?

[/quote]

I think that it is because there are still some people out there that still doubt the authenticity and legitimacy of cryptocurrency. Plus, there are countries out there that has not even heard of bitcoin or cryptocurrency, let alone the blockchain technology, so we could not say the extent of the success of this digital currency. That said, to countries where cryptocurrency is legal, it is pretty successful. There are still who do not believe in cryptocurrency, but I like to think that it is getting there despite the market status.

This new idea of digital currency is still not fully implemented as only few people of the total population of the world are actually using it. And even those who are using it are mostly use it for trading with alts or fiat. The real usage of digital currency as a payment for ordinary goods is still far away from being practically implemented.

many factors that influence digital money, such as security systems, are starting to be embraced in various fields. For example, now starting from the fields of health, sports, industry and government, many have used blockchain in their systems. in my opinion, over time digital money will become the main currency in the future.

Yeah I think the same. The future is that of cryptocurrency and it will take over the market in the future. There is nothing which could stop cryptocurrency now because the people from all over the world are putting their money in cryptocurrency especially in bitcoin and to see this trend I can say that in the future people will use only cryptocurrency as their regular currency.

There is a lot of debate as to whether digital currency is good or bad for a nation but if you ask me i f would say that if digital currency is implemented properly it could benefit in the long run.

I think those government who not accepting BTC are in wrong site yet. Has they stop to use BTC from his inhabitants ?? i think no. People are doing their trading and using in different way though it looks illegal to government. In this technology world no body can not control anybody that he want to do. I think it would be better if government accept it and make some rules and regulations and people will easily accept it and will do their business legally. In this way both will be gainer.

I think countries and especially governments have a lot of concern and that is the reason they do not want it to be implemented in their countries.  They fear loss of tax money if implemented.

No matter what you say about digital currency, it is the fact that digital currency are the future.  No matter govt and financialinsistions ban it or discourage people from using it, one day they will have to accept this change.

That's exactly what it is. But on the other hand, especially in this region where I am, a large number of individuals that are connected somehow to the governments and politics, have already invested in crypto. They just stay quiet about it..

In my own opinion, man you’re totally confused. We don’t even need Bitcoin as a currency and we don’t need everything to be DIGITALIZED, cause they are very much okay as they are – physical (paper money) and digital (apps that can be used to send and receive money like PayPal). I think bitcoin or any cryptocurrency can be just a matter of choice, you can only use it when you want to.

In the far future bitcoin will definitely take over the market because it is the future currency and the world is turning towards digital currency. Fiat will be for some time and when bitcoin is acceptable globally then it will take over fiat currency also. When there is bitcoin, we need no other currency paper or fiat. Gradually the use of bitcoin will increase.

The day is near that banks will also accept bitcoin because it is mandatory for their survival. If they do not start trade in bitcoin, they will have to shut their banks because of no money. Banks will never give use profit on our saving accounts. They always use people’s money for themselves. It is much better to withdraw money from banks and put in cryptocurrency. It will give you huge profits compare to banks.

It could take two or three decades or until the point when destitution is tackled in light of the fact that not every person can bear the cost of the considerable number of things required for a crypto wallet (electricity,internet,device). Because a specific nation won't acknowledge Bitcoin it doesn't imply that they're just reasoning about the assessment. Any nation could charge Bitcoin and all crypto in the event that they need to. Each nation has distinctive plans and Bitcoin may destroy their arrangement that is for what reason they're forbidding it.

I agree, bitcoin is just an additional of our currencies. Other cryptocurrencies are already good as it is. Yes, we don't need to be digitalized it is depend on us if we just want to use it or use fiat and crypto at the same time. Cryptocurrencies can be only use online and not all stores, departments or malls accepting it.

it looks like this digital currency can dominate the world and it seems that this digital currency can be one of the most appropriate solutions to future economic problems, I believe the future of many digital currencies will be created and will dominate world finance.

Yeah you are right that most of the people use cryptocurrency for illegal money. But now governments can chase transactions and find out the owner of the bitcoin wallet. But I am not in favor of taxation. Government already collects different kinds of taxes, why I should give tax on my transaction? Government does nothing for us and we face difficulties in life especially financial problems.

It's very beneficial for cryptocurrency holder if the digital currency will take over but its hard for it to become successful because digital currency is dependent on the internet connection and the network is limited only in some areas  :-\

all the possibilities in cryptocurrency can happen and for the future the digital currency will definitely dominate the world, and of course cryptocurrency will also be present to take part in controlling the world economy in the future.

I don’t want to pay tax on my bitcoin trading and transferring because I already pay many taxes and my government give me nothing in reward. Why should I pay taxes on my money? Bitcoin is decentralized and the government has no control over it. I will pay tax on my bitcoin earnings and transactions but if my government gives me security against my bitcoin, otherwise I am not in favor of tax on it.

Yes, you are right. I am sure that in the future digital currencies will take over the economic and financial position of the world. There will be many people using digital currencies.

Those countries that are not accepting crypto it maybe they're familiar with properly, in short nod idea and didn't know the good catch and benefits of it. Then, It is wrong to say that they are doing the wrong things either, of course not its not the way of what you're thinking pal.
But if they see the good features of it for sure, they will immediately adopt the concept of crypto once they find out what really all about.

There are still some problems with the supervision of cryptocurrencies!
When some countries study more detailed regulatory measures, the cryptocurrency will be completely pushed to the market and the legal currency will certainly maintain the financial order of the market :-\ :-\

Digital money just takes time to take a worthy and considerable place in the economy of the world, it can only interfere with officials who can no longer easily get money

Yeah it is a fact that people are turning towards digital currency and we will see in the near future the whole world will use only digital currency all over the world. Digital currency is the need of the day, because we want easy while taking our money with ourselves and using them anywhere in the world. I also want to enjoy the cash less society in the near future.

I’m a little bit confused when people say something about digitalization… like what do you mean? Fiat is already in both physical form (paper currency) and in digital form(e.g. Online banking), so what other form of digitalization are you talking about? Digital forms are just a way to make the transaction of money to be easier. Take for example the bank apps we have these days, there is no need to be carrying money around cause you can make transactions right from your phone.

New era, new generation, new world and new digital currency in the near future. There is no doubt that digital currency will take over the market in the future and all other currencies will disappear from the market. When I have digital currency for use, why I would use other currencies. I cannot use my local currency in the international market but I can use digital currency all over the world. That’s why digital currency will take over the market.

yes, of course this digital currency will take over in the future, but I'm sure there are still many people who use fiat, but the volume may not be as large as using digital currency because by using digital currency you can get a lot of profit and security it is very guaranteed and money transfers are also very fast and will not make you take too long to carry out transactions over long distances.

Digital currencies have become famous and they have their own names and symbols as a sign of existance. news of the crypto range is spreading and becoming viral, so many big companies in the world use crypto and blockchain in their daily lives. does this deceive you? time will prove that crypto will continue to exist and develop

I am not sure whether anyone can guess when digital currencies will take over. Money has evolved greatly over several years and it already looks certain that digital currency is the replacement for the fiat currencies we currently have.

Every Bitcoin (Cryptocurrency) holders would like to see this. In my opinion, the first convenience will be there no frustration to exchange the money which you need in any country if you have crypto. Mainly it will be a great thing that "One World, One Money".

Apparently even some well know University Endowments like Harvard and Stanford invested in Crypto!

https://coincodex.com/article/2474/harvard-and-stanford-endowments-have-invested-in-crypto-funds-according-to-report/

That is far from being fully implemented or we can see a cashless society because so far, there have been drawbacks that people are complaining about using bitcoin and cryptocurrencies that is why some are very reluctant to try crypto and stayed in fiat.

Digital money will definitely take over the market in the future. The world is turning towards digitization, digital appliances, products and currencies and crypto is a form of digital currency. It is doubtless that the future is that of cryptocurrency and all other currencies will disappear from the market. We are forwarding towards cashless society.

It means that the world is going towards cryptocurrency and they realized that cryptocurrency is important and will be the mainstream in the future. These universities also know that in the future only cryptocurrency will be applicable and others will be eliminated from the market. Time to invest more and more money in cryptocurrency.

Digital currency is presently achievement despite the fact that there have a few nations that haven't tolerated this. As a matter of fact, they are not fouling up it is their choice and without a doubt, there is enough motivation behind why they do it. They will acknowledge it I think about when the time comes.

It I s a fact that bitcoin is now going toward crypto currencies, I think that the importance of the use of crypt currencies are now increasing from time to time and hope that very soon we will see the use of crypto currencies throughout the world.

I think digitisation is already here and it has come to stay.  Gradually but surely,  the world is moving to a permanent place where even the most mundane things have to be digitized to have any form of relevance.  And the factors that will determine which projects or products will last through are mostly use cases,  actual problem solving and relevance. Bitcoin has that,  it is widespread, though some countries are still skeptical when it comes to full scale adoption.  They want to understand what they're getting themselves into before taking the plunge and that is perfectly acceptable. Some alts too look like they'll survive the digital age;  TAP,  MFX,  XRP,  with quite a few relevant use cases under their belt. Hopefully when adoption sweeps through the world,  every country will be a part of it because it will be sad to see some left out.

It is impossible for cryptocurrency to replace the Fiat currency because cryptocurrency is in the early stages where most of the people don't have any belief in them. It needs to build a lot of trust in a real-time environment, so we need to wait for further adoption because we will see very good projects in the coming years.

Bitcoin has only spent ten years and there is still a long way to go. By my assessment, it has not done badly in terms of adoption during this period of time. Mass adoption by merchants is the way to ring the bell of takeover and make more countries to embrace cryptocurrency. It is a gradual process.

The advent of blockchain technology is not only shaping the online payment being an alternate to fiat but it is also touching and changing people's lives. But despite all that, i don't really think it's that just easy to replace fiat currency by using cryptos. The reason is just simple because you can't use cryptocurrency to buy what you want when you are offline.

in my opinion it takes a long time to be able to change using digital currency transactions, maybe it's better to use both, because not all state governments agree to use cryptocurrency.

You are right, for a total takeover, I see that as a “mission impossible”. All I expect is that the two forms of currencies be used together in the system. It should take the user to decide which form of currency to use at what time.

Yeah that's true. The is world is moving into a digital currency as those in the advance countries have already using it on their daily transactions. If your asking for the mass adoptions of crypto then this will takes time as not all countries had the same acceptance of cryptocurrency. Some governments had issues on the adoption of crypto due to being a decentralized currency that the government can't control on the flow of the currency and it's volatility.