Crypto will ever replace Fiat?

[Red Lanterns]

I don't think it would be the next 10-20 years

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[HelperAdvisorsLLP]

I really hope so! Cryptocurrency is the future

[Cryptodetails]

It has the necessary tools, but I doubt that happens in the world in which we live .

I am having the same opinion as you do.

I do not believe that in the near future, the Crypto-currencies will be in one-step settlements with fiat money or bank cards, if not even higher, if only because for such everyday calculations, the cost of the transaction and the speed of the transaction for the crypt are too high. But this is decided in the future.

[GeraraHere]

nope, it won't

[UDD_Coin]

Fiat is man-made. Crypto is man-made.

Fiat is more susceptible to corruption and overheads. Crypto doesn't have to be.

Fiat is established, but inflexible. Crypto is newer but flexible.

It's a matter of time. Those who benefit from fiat will push back with scare tactics, but eventually it'll be accepted.

[FreeBitcoins.press]

Very confident this is just a matter of time and it will replace Fiat.

[kfor01]

i don't think it would replace it, but will become more common use

[Pancheng]

I think the most appropriate question here is how can crypto works with Fiat better or can Fiat and Crypto work for better progress since it's impossible for crypto to replace Fiat because of its decentralized characteristics where in no one  manage bitcoin, and Fiat will be the first choice of people who don't use internet in the first place.

[maucial]

Maybe in many years it could happen, why not?

[zedkiel08]

Actually I don't think crypto will ever replace fiat, I think they will co-exist to serve different purposes.

What is your opinion?

Crypto in my opinion also will not replace the fiat currency because fiat currency will always be the main to make payments rather than cryptocurrency. And its always be the easiest way to make payments in our everyday living. Cryptocurrency will only serve as an alternative way of payment method.

[Ciscopro2000]

I think we are on the way to a cashless society.  It’s a more convenient way to transact.  The fiat curriencies that we know today will be pegged to their individual coins.  The traditional fiat currencies will still exist in that sense but the actual method of exchange will be done electronically.  It will be many many many years down the road for the transition to happen. 

[Collos]

Actually I don't think crypto will ever replace fiat, I think they will co-exist to serve different purposes.

it all depends on the technical level of whole society development not just of individual layers. Most likely a crypto currency will exist along with usual money and will be both an asset and a money

[Pallium]

I agree with you to a certain extend. Just like how AI will never completely replace human labor, but it will serve its purpose co-existing with us!

[ololesia]

In the near future, cryptocurrency won’t replace fiat because there is no governmental laws which would regulate the usage of cryptocurrency 

[bogdasha07]

Maybe... But not in my life

[fritzwalter195]

maybe in 30 or 40 years

[joebrook]

maybe in 30 or 40 years

Even if crypto doesn't replace soon, i believe that a time will come when we will not be using physical cash anymore and everything is going to go digital. I am betting in the next 50 years, that's going to be possible.

[TomWilson32959]

They will co-exist with one another. Cant remove fiat out of the picture.

[ron888]

Gold and silver will eventually be used again as currency. Crypto currency will have a part in the future im sure.. But i'm more worried bout the future regulations regarding the use and prohibition of certain coins, and what measures the governments will take towards adaptation or restriction. I dont want to be told where and where not i can use coins and tokens. It should stay decentralized.

[ron888]

What to consider is: fiat a selfdestructing and an illusion. Poor getting poorer. rich getting richer. And the same is for crypto currencies.. We all have seen the manipulation happening the last 6 month with bitcoin in particular....