Cryptocurrency: The Future of Finance in a New World Order?

[habebe]

The use of Cryptocurrency is a controlled and monetary system and it makes it lose the importance of a blockchain technology.  since people don't know how to use blockchain technology it is guiding us and it can be used in anything that will help people if they only know how to use it to get effective results and way to get currencie I hope  and with all that someday change will happen any day to come and not just in the financial system but all the way it’s easy to try the way make it easy to work everyone this is still hoping.

[LUCKMCFLY]

I fully agree with you, because I think that BTC should not have any kind of confrontation with FIAT money, both FIAT money and BTC and cryptocurrencies represent money and money is what everyone is looking for.

Also, if BTC were to replace fiat, and if fiat disappears, what would be the currency to buy for the price of BTC? Would all of that be handled by gold? since gold would respect "Safe" for many people in the world. These questions is the one I always ask myself if there is an eventual fall in USD and Euros, and all currencies at the global level, what value would BTC take?

If BTC replaces Fiat, then it'll become the "gold standard" of our economy. There's no need to measure its value against Gold, since the cryptocurrency is able to live on its own. In a future where decentralized cryptocurrencies reign supreme, people will value things in terms of Bitcoin instead of Fiat. This would make more sense if Bitcoin becomes the next reserve currency of the world. But I don't think this will ever happen, especially when governments don't want to lose control over the mainstream economy. Countries will have their own currencies, just like it's the case today. The only difference is that paper money will no longer be used, as central banks digitize Fiat through CBDCs. People will get to choose their currency of preference depending on their needs. As long as decentralization prevails, nothing else matters. Just my thoughts

Just imagining that the BTC will have its own way of measuring itself against gold is something unique, but hey, El Salvador has already started down that path, and it is not far from a good economic change, the FED no longer knows how it does to continue to make up the numbers, so much so that they are giving reports little by little of a possible collapse, this is done in disguise through the high inflation that has been generated in the US economy, and not only there, countries like Colombia have inflation already It goes for more than 5%, I saw this on the Canal Caracol Noticias chain, and 5% is quite representative, so much so that they increased the base salary.

[famososMuertos]

The use of Cryptocurrency is a controlled and monetary system and it makes it lose the importance of a blockchain technology.  since people don't know how to use blockchain technology it is guiding us and it can be used in anything that will help people if they only know how to use it to get effective results and way to get currencie I hope  and with all that someday change will happen any day to come and not just in the financial system but all the way it’s easy to try the way make it easy to work everyone this is still hoping.

Although the title of this thread speaks of order, you have a mess of ideas, but still we can get something out, I think that using blockchain technology is not difficult, in fact it is really easy, now well delve into certain basic concepts maybe yes It requires delving into the subject, but the information is there and is accessible to all, it is not that it is difficult, we must stop being lazy.

If we want bitcoin or any other worthwhile Alts to generate changes, individuals must help, we must stop mental laziness in the first instance and in the second variable stop putting the bluff that using cryptocurrencies is difficult.

[Abiky]

Cryptocurrency will not replace traditional currencies. Cryptocurrency will only become the future economic trend. It has not been used by more countries, and it is not very convenient in daily transactions. It has many problems and cannot always be used as a major currency.

Crypto's been improving day-by-day, so it should only be a matter of time before it becomes as good as Fiat for mainstream payments. I wouldn't say it'll replace Fiat, simply because it's decentralized. Governments won't allow something that's outside of their control to take over Fiat. The so-called "New World Order" will look almost the same as it is right now with the only difference that countries will have their own digital Fiat currencies. It's probable CBDCs and decentralized cryptocurrencies will co-exist for generations. In a cashless society, people will get to choose the type of currency they want for daily payments. Instead of trying to replace the current banking system, we should try to make crypto/Blockchain tech a better contender against Fiat. As long as people achieve financial freedom, nothing else matters. Just my opinion

[ShowOff]

-snip-

Fiat and crypto will compete to be the best for users to make financial transaction. So Crypto is basically not created to replace fiat, but to provide an alternative for anyone to try various innovations in the financial system. We are definitely talking about bitcoin because it is one of the cryptocurrencies that qualifies to compete with fiat in the long term. The decentralization that come with it is what is most likely to be seen as something different from fiat. Yes, that's the advantage of bitcoin although we can expect something bigger from it like security, fees and anonymity.