Can cryptocurrency make real money disappear?

[rgcoin]

Though Bitcoin is a very promising commodity, still I think it cannot replace the real money. For one, any government will not hold anything that they cannot control and bitcoin for that matter is an example. It is a decentralized currency, meaning no one has a direct authority over it.

[1715384687]

1715384687

[1715384687]

1715384687

[1715384687]

1715384687

[ken0203]

The fact that bitcoin is digital doesn't change it's value as money at all, considering it being defined as something that can be used to obtain items and services and bitcoin fit in that category. cryptocurrency will never make the real money disappear, real money can not disappear because supported by citizen and controlled by the government.

[mylyn2327]

This is something that has come up time and time again, I'm still going to have to say that I think the answer is going to have to be a no on this one. I just personally can't see a time where the government allows a lawless and decentralized coin / cryptocurrency to take control over the currency which they have total control over within their country. Why would they give up the control that they want and they need to be able to fully control everyone within their country?

I'd be dumb for them to do this, and I don't think they'd ever decentralize the currencies globally like this. There's going to be wayyy too much money from people who don't want this to happen going into congress for this to even come out of Congress with a win for the people who support cryptos.

I agree to that real money is controlled by government so i think it is impossible to diasappear because of cryptocurrencies. Maybe cryptocurrencies in the future will be much appreciated by people but without real money its a big NO NO. We will still be needing fiat in our daily lives nevertheless cryptocurrency is existing. Every country won't allow it to happen because the one who has a power still want something that they can control and one of that is the real money.

[a4techer]

Many country was not agree in the digital money or what we called cryptocurrency even in our country that they broadcast in television even in radio that wrong information about bitcoin at they said if you join in bitcoin you are going to jail and it is a scam but for me they cant replace or remove cryptocurrency like bitcoin even government they didnt replace it because bitcoin was a number one and one of the powerful cryptocurrency and it is possible that because of is currency was one of the reason to remove tangible or hard money.

[hassan.shakeel.rajpoot]

What are the chances of living in a world with no actual money ? 

It is not happening as if now. I don't think that fiat or paper money will completely disappear because of cryptocurrencies because of some legal issues and the fluctuation in bitcoin price. Rather, it is well known that many people are converting fiat money into bitcoins. But as soon as they feel that the prices are getting low, people will sell their botcoins for fiat money.

[RahulRana]

No cryptocurrency cannot make real money disappear, the whole world still uses fiats it coult take hundreds of years before humans adopt cryptocurrencies as money .

[FundFantasy]

What are the chances of living in a world with no actual money ? 

Time will tell, in the meanwhile here's an interesting article.
hope it will shed light on your doubts

https://www.ineteconomics.org/perspectives/blog/can-bitcoin-replace-the-dollar

[Pasabm]

Cryptocurrency is sure to make real money, but if the world without real money, it would be difficult if the whole world without using real money, and be replaced digital money. But if only it happened this world would be easy, with the advantages and convenience of the digital money itself.

[supermam]

I can see that bitcoin is popular now but  crypto currency can't replace real money because the whole universe is using this and its a long way to introduce crypto currency to the people especially to the countries that are unable to use advanced technology.

[gabmen]

Cryptocurrency is sure to make real money, but if the world without real money, it would be difficult if the whole world without using real money, and be replaced digital money. But if only it happened this world would be easy, with the advantages and convenience of the digital money itself.

Well you're talking about a world that accesses the intermet on a whim. Parts of the world right now aren't even getting basic necessities so bitcoin would be hardpressed to elimimate cash

[TianaStam]

What are the chances of living in a world with no actual money ? 

The chances are really big to live in a world without any physical money and even private documents. I think it's our future which in some places of the world became the reality already.

[Swopon]

I'm very confused about it.Sometimes i think that bitcoin or other crypto currency make fiat money disappear and then sometimes i also think that crypto currency can't make real money disappear and also that wouldn't happen because fiat is controlled by the government

[lusiaga]

well if everyone in the world uses bitcoin as a means of payment then fiat money will disappear by itself.
but it will not be easy, the world bank will continue to fight against bitcoin.

[BlackRock]

I don't believe crypto currency can disappear money. First of all most of bitcoin user use it for some illegal things like drugs, money laundering so it has a bad effect on some countries. Secondly and most importantly not everyone is aware about it. Those who know bitcoins, they use money to paying which is most safe and fast way to pay.

[lusiaga]

I'm very confused about it.Sometimes i think that bitcoin or other crypto currency make fiat money disappear and then sometimes i also think that crypto currency can't make real money disappear and also that wouldn't happen because fiat is controlled by the government

fiat money is not controlled by the government. all the banks in this world stand itself without government interference.
every bank in this world is centered in the world bank.

[378budiman]

fiat money is given by large financial institutions and supported by the government. They make their income by charging for transactions and they will do everything to stay competitive. if you think that counterfeit money will disappear completely in the near future.

[Sarastiche]

What are the chances of living in a world with no actual money ? 

I do not see this happening soon,because of developing countries where we have lots of uneducated individual.

[ArnoldChippy]

I can see that bitcoin is popular now but  crypto currency can't replace real money because the whole universe is using this and its a long way to introduce crypto currency to the people especially to the countries that are unable to use advanced technology.

Yes that is right that bitcoin is becoming popular but still it cannot replace real money. Actually the bitcoin users are still very low in number and it will take a lot of time when bitcoin will become too much popular even in backward countries. Therefore i think that paper money will continue for a long time, but we can expect that bitcoin will very soon become more popular throughout the world

[BitNotByte]

i think not, not everyone can afford to have gadgets to access an online wallet or not everyone is knowledgeable about cryptocurrency. cryptocurrency may dominate real money but i think it won't disappear 

[Sundark]

No, because ordinary people will never use crypto unless it will be accepted everywhere and will be easy to earn and use.