Can cryptocurrency make real money disappear?

[lelylely]

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

I think real money is hard to lose, because real money is legitimate money in every country to make transactions. I think crypto money can not get rid of real money, but real money and crypto money will be together to make life easier.

[Andika23]

I agree but the crypto currency needs internet if we do not have internet then we will not be able to buy something we want correctly. but real money has become an access transaction worldwide. so if crypto eliminates real money, the process will be very long

[slothtrooper]

The elite controllers have wanted to get ride of cash for a long time, see numerous reports and think tank groups on the need for a cashless society. With blockchain tech every transaction can be recorded and traced, hmm sounds just like something the elites would cook up.

Of course crypto is going to replace cash, to deny that would be like saying " there will never be any machines that are smarter than people " Fellow humans soon we will no longer be the top of the food chain.


Some propaganda from the mainstream media, we all know how they can shape change in markets and peoples thinking


https://www.reuters.com/article/us-global-economy-cash/cashless-society-getting-closer-survey-finds-idUSKBN17S001

http://www.dailymail.co.uk/news/article-5045305/The-cynical-conspiracy-stop-using-cash.html

https://www.theguardian.com/cities/2017/jan/09/rise-cashless-city-contactless-payments-exclusion-cashfree-society

http://www.information-age.com/uk-verge-becoming-cashless-payment-society-123466029/

https://nypost.com/2017/04/26/study-reveals-were-getting-closer-to-a-cashless-society/

https://www.ft.com/content/1accbc00-6199-11e7-8814-0ac7eb84e5f1

[castellodocet]

I don't see the urge to switch between physical money and digital money. We're good as we are, and I don't think that we'll replace definitely physical money not now, or ever

[Adapted]

It will not be possible to replicate the first cryptocurrency. Because the government should properly support and use Bitcoin is popular and widely used, in addition, the government rarely receives such a coin. They will reject it and still stay with them.

[Vyacheslav7755]

I agree but the crypto currency needs internet if we do not have internet then we will not be able to buy something we want correctly. but real money has become an access transaction worldwide. so if crypto eliminates real money, the process will be very long

Without internet we are not able to pay by bank card, I have 5 USD at my wallet for about one year and didn't use it for that time. It is because I can use card everywhere. So if internet will be disappeared I will be without money already now

[xxxRaidysxxx]

Nice question. But if this tendency proceeds, the bitcoin will undertake transactions worldwide, it will be better and safer, and, of course, we will keep the nature. But for this purpose it will be required much more, than it was mentioned in this pass, the countries have to cooperate with each other (it happened), but it is already the concept of the future. Think what is that all think that it can be done, but it will be very difficult to be reached

[aljo322]

 I think  cryptocurrency will never replace real money in other countries since it is a world widely used to any transactions.Because in crypto we need an internet to use it or to buy what we want but both money and crypto have a big contribution to our daily needs.

[Kostyan4ek]

It is wrong question! the right question is when cryptocurrency will make fiat money disappear!!
Its question of time! but we slowly comin to it!

[Vyacheslav7755]

It is wrong question! the right question is when cryptocurrency will make fiat money disappear!!
Its question of time! but we slowly comin to it!

Considering crypto wasn't get objetcive regulations during G20 and it's postponed to July I don't expect any strong movings, we are in 6-12k channel now.

[feny.blackpink]

it has a possibility that will occur in the future.
but if only everyone on the world already using crypto in their daily transactions.

[hiro_no_coin_no_life]

i don't think so

[haster100]

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.

[Ravenangel]

Its very unlikely that crypto will outface real money,  because of preference and generational difference, some people find fiat more convenient and will not settle for any other. Crypto has also been adopted mainly by the young generation, the older generation is coy about it and would rather go the tried and tested way of fiat

[Javed zaman]

No, cryptocurreny can't make real money disappear right now as many people don't know about cryptocurrencies.

[Ather_1020]

Crypto still has a long way to go. As of now it cannot replace physical money. Moreover there are problems in crypto as they do not have a stable value. And security is also an issue. Though we have wallets that are very secure, introducing this digital medium of transaction will be surely difficult.

[dangwapo311]

It might be hard for crypto to replace money or it make it disappear. Money has been used since the like forever and I think something new like crypto can replace what money has established and its legacy. Maybe if crypto becomes more famous and become widely accepted all around the world then crypto might take over and replace money.

[lekam0213]

Low chance, all people in the world use fiat money than crytos and fiat are produce by the bank and not all country are supporting crytos some even banned it so it is impossible for to replace fiat.

[Nyeyzel]

For me, it will never happen even bitcoin will improve, and even government support bitcoin. Any digital currency will never replace paper money. A lot of people don’t know what bitcoin is and its purpose many people are just contented to use fiat because it is convenient to use. Bitcoin and fiat may work together in the way the people want it to use. Like paying off bills and suffer a long line to pay bills, they can use bitcoin to pay online bills no need to fall in line.

[slothtrooper]

It doesnt matter whether we the people cannot see the cashless world, it only matters what the 1% who run the show want. When the Wright brothers talked about flying, most folks would have never have guessed that in less than 100 years there would be 500,000 people in the air at any one time.

Cashless society is coming whether you see it or not. Great news if your already investing in Crypto, as they cannot change the whole monetary system overnight.