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Author Topic: Can cryptocurrency make real money disappear?  (Read 28795 times)
mafia22
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December 18, 2017, 08:10:58 AM
 #1301

Hello, I am also new to this sphere, but I believe that bitcoin is the currency of the future, which is already very close  Smiley
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reck1ess
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December 18, 2017, 08:14:43 AM
 #1302

Impossible, since there are still places that doesn't have internet connection and even no electricity. And it is hard to depend on just a digital money. Well maybe it can happen on a well develop places.

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December 18, 2017, 08:17:36 AM
 #1303

Depends on what you call real money. Is it fiat? Or paper money?

Banks are already recognizing the value of cryptocurrencies and the blockchain technology. Who knows, maybe in a few years all currencies will become "crypto".
kriticko29
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December 18, 2017, 08:39:29 AM
 #1304

From the current stand point, I dont see bitcoin replacing real money instead it will be a support for current money tradings.
GreatGEEK
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December 18, 2017, 03:12:08 PM
 #1305

Well, I’m not an expert in this area, but in my opinion it's more likely that such thing is not going to happen. But still, cryptocurrency will be a great investment.
gundala
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December 18, 2017, 11:31:08 PM
 #1306

there is no chance. the internet has not reached the whole world, and if you do not use fiat, we do transactions using what? cryptocurrency will only be an alternative currency, and fiat will still exist. both complement each other.

jikurpa
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December 18, 2017, 11:50:32 PM
 #1307

What are the chances of living in a world with no actual money ?  Shocked
may also occur because of the advancement of the era and the demands of the technology and the ingredients that we must directly follow the development of one of the examples that occurred in my country have all been using credit cards and other cards as a payment instrument transactions
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December 18, 2017, 11:53:35 PM
 #1308

Real money will live long in any case. Even if all people will use cryptocurrencies, paper money will still worth something
louisedem
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December 18, 2017, 11:59:29 PM
 #1309

What are the chances of living in a world with no actual money ?  Shocked
Right now, the chances for that thing to happen is just a little because even cryptocurrencies are continuously getting into popularity, there will be still a large amount of the total population around the world who still does not even know or recognizing bitcoin and people in some part still tend to use real money than cryptocurrencies so the possibility for cryptocurrencies to make real money disappear in my opinion is just a little amount to happen. And if so, it is not really to make disappear but somehow just lessen the usage.

Innewith
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December 19, 2017, 12:01:49 AM
 #1310

Seems real money will not be disappear due to popularity of cryptocurrency. Because, however bitcoin hasn't been used officially as means of payment in everyday life.
poisonivy77
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December 19, 2017, 12:36:15 AM
 #1311

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

there is a chance we could not deny that but for now it is not certain because the world we are living in now is based on fiat or actual money since it centralized. unless the government takes the full control there would be no chance.

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December 19, 2017, 12:55:13 AM
 #1312

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

I think it's possible and far more likely as Bitcoin gains legitimacy with our governments. There are some really powerful people such as the Rothschilds that control banking and it might be very difficult for them to let the money train stop. They will make it hard for Bitcoin to take over.

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Lang09
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December 19, 2017, 01:35:22 AM
 #1313

I think it seems impossible to happen. Because there are poor countries that still can not keep pace with modern technology. So they still need fiat money. Moreover, fiat money is supported by the government, and this is what they use to get income tax.
CoinChili
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December 19, 2017, 08:37:35 AM
 #1314

If we are talking about possibilities, yes it maybe, however the question will be when? Cryptos has a lot of improvements to be taken off, from the confirmations alone it is truly a challenging venture, but when the time goes by and Crypto's improved that in an instant a payment will be credited to a certain merchant I guess fiats might not needed anymore.
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December 19, 2017, 08:41:14 AM
 #1315

I think it's completely possible, because going to cash is the trend, and it's entirely possible to encrypt money instead of real money.

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ajdaj
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December 19, 2017, 08:43:01 AM
 #1316

To date, live without living money is absolutely impossible. Perhaps in the near future will become a reality of what is now just talking. Bitcoin will go down in the masses and you can live without cash.
AlexW333
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December 19, 2017, 09:04:08 AM
 #1317

I don t think so

5-10 % real money will remain
duchaitp
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December 19, 2017, 09:56:25 AM
 #1318

Fiat currency will survive how long we last. And the same with crypto. Crypto and fiat can exist mutually and that situation is the best.
LETme
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December 19, 2017, 10:07:12 AM
 #1319

I think it's not going to happen because cryptocurrencies has no physical form, not all the people know about this kind of technology or know about the existence of digital coin and you must have a internet connection and not all the people are afford to buy a gadget for using cryptocurrencies and paper money was used over a 100 years so it's not easy to replace.
Naoko
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December 19, 2017, 10:38:26 AM
 #1320

such a course of circumstances may lead to the fact that they will begin to prohibit bitcoin, because people will stop going to work, as they will no longer need cash
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