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Author Topic: Crypto will ever replace Fiat?  (Read 2710 times)
jrrhnjco
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June 11, 2018, 06:35:16 AM
 #101

It is possible
Idaujotaite
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June 11, 2018, 07:23:07 AM
 #102

I don’t think the government would ever allow that
Heavo
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June 11, 2018, 08:38:53 AM
 #103

Not exactly to replace and not tomorrow but the fiat will eventually evolve into crypto form.
Peros
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June 11, 2018, 08:50:34 AM
 #104

I like to see new store who accept bitcoin.
Heavo
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June 11, 2018, 08:56:28 AM
 #105

Maybe in like 100 years perhaps. I doubt it would be BTC though.
pandacrypt
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June 11, 2018, 11:22:52 AM
 #106

The point that each crypto is limited.
If it replaces fiat imagine that u will not get a higher salary or will not be able to put a higher price on goods u sale only if you play with other currencies.

Fiat could be extra printed.

As for me if there be any replacement then we will back to the same as we have now with fiat but in cryptoworld. 
DJHaywire
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June 11, 2018, 03:44:51 PM
 #107

Cryptocurrency is still viewed on as an asset and treated like bonds in the stock market. It removes power from the government and is entirely dependent on people.

First, crypto os bought to be CONVERTED LATER INTO FIAT. that defeats the whole purpose of Cryptocurrency

Besides if crypto poses a threat to the government financially, they'll ban it and from there, downhill goes crypto. Not everyone is tech savvy enough to know how to trade on the darkweb
Sanos
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June 19, 2018, 05:53:48 PM
 #108

Maybe in like 100 years perhaps. I doubt it would be BTC though.
KIROMATH
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September 09, 2018, 05:41:36 AM
 #109

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 is great and has more features than fiat but I don't think the world and countries will allow fiat to replace with cryptocurrencies
KIROMATH
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September 09, 2018, 05:52:46 AM
 #110

I don’t think the government would ever allow that

Yeah because if that happens the governments will never have the control over there economy
funnychain
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September 09, 2018, 11:50:18 AM
 #111

It really depends on what you mean when you say replace Fiat. This two thing are different, we will probably never use crypto for small transactions but for sure we will be using it in the financial traiding system as is happening right now

There are a lot of articules talking about this and the most incredible is that fiat is also most of it digital now like crypto.
Red Fish
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September 09, 2018, 12:23:05 PM
 #112

No, I think it will not happen, because crypto is not usable at shops. If you use Bitcoin - transaction is too slow, if you use altcoin - there is not Nr.1 altcoin currently worldwide, so shops can not decide.  Grin
funnychain
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May 29, 2019, 12:20:37 PM
 #113

No, I think it will not happen, because crypto is not usable at shops. If you use Bitcoin - transaction is too slow, if you use altcoin - there is not Nr.1 altcoin currently worldwide, so shops can not decide.  Grin

I think it will happen as for credit cards.

The bigest altcoins will get adopted by stores depending on the region and then we can be able to pay with our crypto wallets
akeegan
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May 29, 2019, 05:37:23 PM
 #114

I think that is the million dollar question that everyone keeps asking... do we think it will replace fiat? Maybe over time but definitely need to work out all the kinks of the current state of crypto. lots of new laws, usability issues and dealling with governments
rodel caling
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May 29, 2019, 11:39:11 PM
 #115

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

What is your opinion?


In my opinion only time can tell because crypto is too young currency than to compare fiat, maybe someday crypto become world currency. So,let's wait crypto goes into matured.
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