Elon Musk calls cryptocurrency 'brilliant' while predicting end of paper money..

[Artemis3]

Elon Musk has definitely seen the potentials bitcoin has after making his analysis, thus calling cryptocurrency brilliant but predicting the end of paper money is something I don't think will occur. Paper money will not end but will co-exist with cryptocurrency. Well I maybe wrong but that's my opinion.

In the short term, but i think he was meaning in the long term. It won't be overnight, people will slowly use less and less cash, and then the switch to crypto is easier.

[alina345]

Cryptocurrency will definitely replace paper money. It is a good time to learn about it before it goes mainstream.

[Zythiphill]

Elon Musk has definitely seen the potentials bitcoin has after making his analysis, thus calling cryptocurrency brilliant but predicting the end of paper money is something I don't think will occur. Paper money will not end but will co-exist with cryptocurrency. Well I maybe wrong but that's my opinion.

In the short term, but i think he was meaning in the long term. It won't be overnight, people will slowly use less and less cash, and then the switch to crypto is easier.

I of course believe strongly in cryptocurrency and believe that it can change the world for the better , but what will replace Fiat money I have little faith in it, fiat money is still reliable

[miropp]

It's the truth. Technology is evolving and becoming more and more convenient. With money will also. It is not known how long it will take. But sooner or later we will all move to cashless payments. I believe that.

[plvbob0070]

Glad that there are well known people who's futuristic and know that technology will continue to develop in the future. And can see the value of crypto and what it can bring to the people. But as what he can view in the future, it would still take a lot of time before it will happen.

[CoinChili]

I really admire Elon Musk for always being positive with bitcoin. He always support cryptocurrency all the way of it's journey. We are starting to adopt the changes from this crypto world and i think time will come that we will further doesn't need any paper money.

[Mpamaegbu]

Mr Musk should readily understand that the rest of the world isn't as small as where he lives. Oeople have different issues plaguing them at different times. It might be a great idea to embrace cryptocurrency just like we are having electric cars now but it shouldn't obliterate fiat like we would still have cars run on petrol, no matter what. Fiat will always exist for the not so internet suavy individuals and nations. This is the simple fact.

[cunicula]

Elon musk is just another mummy boy who keeps calling out blockchain as a s brilliant as his spacex programmes, the truth is that spacex is just his zeal not a humanitarian effort.

[Malsetid]

I really admire Elon Musk for always being positive with bitcoin. He always support cryptocurrency all the way of it's journey. We are starting to adopt the changes from this crypto world and i think time will come that we will further doesn't need any paper money.

There's a lot more to admire about the guy that just since stand on crypto. I don't even think he' given it much thought. He sees it for what it is  and that's another way to people to have quicker and efficient transactions in the future. He himself added he hasn't bought any btcs on his own yet.