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kerjakuat
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December 29, 2017, 04:50:42 PM |
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i dont think so as long as we being rule by a country there will be no chance at all cryptocurrency will take over fiat money. we need out own fiat money as it physical appearance to buy and sell more easy.
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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AliMan
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December 29, 2017, 04:53:54 PM |
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What are the chances of living in a world with no actual money ?  Yes, in time cryptocurrency will make paper money disappear the same way paper money did to gold coins last 100 years ago. yes that time will be soon be possible our digital world seems to be updates so often and thats why i think bitcoin will replace paper money sooner or later and i think it will be more better than it especially that bitcoin is not under any goverment over the country. |
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AlexInTheOcean
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Activity: 58
Merit: 0
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December 29, 2017, 07:37:18 PM |
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Sure they will not replace fiat completely. We need fiat for places where there is no internet coverage at least and some countries will ban crypto for sure.
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p i e c e
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December 29, 2017, 08:47:27 PM |
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Disappearance of real money this is not the question of near future. But such perspective in itself is quite possible thing. I suppose that for a long time cryprocurrencies would go with cash in parallel.
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joan26
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Activity: 168
Merit: 10
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December 29, 2017, 11:15:23 PM |
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It's possible but maybe it took so many years. Because we need a real money for everyday expenses. If it disappear and only use digital, it is hard for me and for those who has no internet or even no digital gadgets. I can't imagine the beggar,,begging for digital money. 😁
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raaaj203
Newbie
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Activity: 8
Merit: 0
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December 31, 2017, 04:56:58 AM |
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I thought that Bitcoin would replace a real amount of money someday but not until I read your answer. Your right, in some emergency cases, we need real cash for that case. But how about coding a new coin that can send money directly or confirm shortly or we can figure out a way to make sure payments are made.
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KrisAlex18
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December 31, 2017, 04:59:32 AM |
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What are the chances of living in a world with no actual money ? Bitcoin is a digital currency which is converted into fiat money. I think the chances that cryptocurrencies like bitcoin will make real money disappear is still low because as we all know, bitcoin is not yet accepted by everyone in the world and some countries has already banned bitcoin within their because of the threats it brings. Maybe somewhere in the future, it will happen that real money will disappear and everyone will use cryptocurrencies. |
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siddu67
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December 31, 2017, 06:35:07 AM |
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There are Half half chance that cryptocurrency can make real money disappear.Because our world is getting digitalized,may be after 1 decades the whole world will give and take money one another by using cryptocurrency.But no governments of the world has not given bitcoin approvals.That's why I think cryptocurrency can disappear real money again may be can not disappear real money.
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Lancebellon
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Activity: 18
Merit: 0
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December 31, 2017, 07:04:30 AM |
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What are the chances of living in a world with no actual money ? It'll be more convenient for us not to carry such Cash on hand. |
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Anita1873
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January 01, 2018, 11:42:53 AM |
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In my opinion it is not possible that cryptocurrency will can make real money disappear. Because these currencies are digital and availability of digitization is limited to city and developed area. There are many areas where internet not available yet, how can there be any use of crypto or digital currencies possible.
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Arcejeff
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January 02, 2018, 12:13:59 PM |
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It's really impossible because it's really pain for me whether we are in a digital world i think the real money will stay in the entire human.
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Mei1418
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January 02, 2018, 12:22:00 PM |
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I think it will be difficult when cryptocurrency creates real money, because its enormous scope and is owned by people from all countries in the world, when using original money as an investment medium will be difficult in distribution, also very risky in counterfeiting. many chances live with cryptocurency, I think. and I can not mention it one single
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Fantastic33
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Activity: 308
Merit: 12
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January 02, 2018, 12:31:52 PM |
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On my opinion, i think Cryptocurrency cannot replace fiat or make it disappear. Crypto is an electronic currency and is not considered by banks as money. Even though more are becoming aware of it, some countries still dont allow the use of it. Real money is already on our economy for thousands of years, and are very stable. It has different prices, different exchange rates, and is widely use and accepted. Changing money to cryptocurrency will be a very long process and i think the government will not allow it to happen because it will result to a lot of changes on the economic system.
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dawoodkhan97
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LibertyLance - Where Freelancing Meets Blockchain
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January 02, 2018, 01:06:26 PM |
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It's not like fiat is just going to disappear from the face of
the Earth, it is still going to be used but the cryptocurrency
will certainly have an upper hand.
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El Il-mythos
Jr. Member
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Activity: 140
Merit: 1
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January 02, 2018, 01:15:07 PM |
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100% there is a chance. Because we already have bitcoin and altcoins which we called cryptocurrencies.
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Blockshipping ICO starts 14 May 2018
⋙ ⟫ https://www.blockshipping.io/ ⟪ ⋘ |
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KesoNie
Copper Member
Sr. Member
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Activity: 672
Merit: 270
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January 02, 2018, 01:32:43 PM |
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I think it will be difficult when cryptocurrency creates real money, because its enormous scope and is owned by people from all countries in the world, when using original money as an investment medium will be difficult in distribution, also very risky in counterfeiting. many chances live with cryptocurency, I think. and I can not mention it one single
Well I guess it is impossible that bitcoin will make a real money disappear even today or the near future. It really was very impossible due to every country's money have a different significance in their country and at the same time it is also their signatures in a world market that's why it is very impossible. If it does exist in a society of one country maybe it could be used as another kind of money but in terms of digital. |
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Creepings
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January 02, 2018, 01:35:46 PM |
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100% there is a chance. Because we already have bitcoin and altcoins which we called cryptocurrencies.
And what is the proof or theories that it will happen? Bitcoin and other crypto currencies will never make real currency or money we commonly call fiat disappear. Bitcoin is very volatile, how can it support the economy of a country, if bitcoin price falls, the economy of one's country do too and that will be very bad for that country. Bitcoin also will be hard to control since it is decentralized. |
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Traslavin
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January 02, 2018, 01:37:25 PM |
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I think it will be difficult when cryptocurrency creates real money, because its enormous scope and is owned by people from all countries in the world, when using original money as an investment medium will be difficult in distribution, also very risky in counterfeiting. many chances live with cryptocurency, I think. and I can not mention it one single
Well I guess it is impossible that bitcoin will make a real money disappear even today or the near future. It really was very impossible due to every country's money have a different significance in their country and at the same time it is also their signatures in a world market that's why it is very impossible. If it does exist in a society of one country maybe it could be used as another kind of money but in terms of digital. Of course cryptocurrency will find difficult to make real money disappear because real money has its own importance in every country in the whole world. And due to the estate of digital currency or yet accepted in the whole world it is also another thing to consider that cryptocurrency will not be either replace or disappear real money in the market. |
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masterorderd
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January 02, 2018, 01:37:48 PM |
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To be honest, I think that's not true. Appearance and development of Cryptocurrency is a very welcome thing, especially Bitcoin. It has developed very well and has many benefits in the trading system. Many services that accept and use it. However, I think cash is still needed for everyday life, so buying a real deal is easier if you use cash.
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ASKoranteng
Newbie
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Activity: 42
Merit: 0
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January 02, 2018, 01:39:02 PM |
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Crytocurrency will in the near future to come make real money usage minimize and not totally disappear. This is because its easier and faster to transact business with crytocurrency. People prefer cryptocurrency to real money cos you can transact business without going to the bank.
Real money has been in use for centuries now and it will be very difficult to make it disappear even though more people are getting onboard the use of cryptocurrencies.
Therefore i dont think cryptocurrency can make real money totally disappear.
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