Bitcoin Forum
August 17, 2018, 09:59:44 AM *
News: Latest stable version of Bitcoin Core: 0.16.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 [18] 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 ... 96 »
  Print  
Author Topic: Can cryptocurrency make real money disappear?  (Read 28403 times)
entrepmind23
Sr. Member
****
Offline Offline

Activity: 546
Merit: 260


★Nitrogensports.eu★


View Profile
August 26, 2017, 03:27:31 AM
 #341

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

There is a low chance that it will happen because as we see now, there are still few people who knows about cryptocurrency and for people to access it, they need to have the tools needed to have it like mobile or computer, internet connection and most of all electricity. It maybe possible for the developed countries to implement this kind of no actual money but for those developing countries it would be hard. There are people in developing countries that even don't have electricity so it would not be possible for them to access it.

I think cryptocurrency would exist together with fiat money and would be one of the payment option and there is a slimmer chance to actually replace the fiat money. If the transaction fee is getting higher then maybe people who have access to it may treat it as store of value instead of currency because it would be expensive to buy a small value item and then have a transaction fee half the value of it.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
.BITCOIN SPORTSBOOK
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄           
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █         
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀



    CASINO    DICE    POKER   
     ▬▬  24 hour Customer Support  ▬▬   
1534499984
Hero Member
*
Offline Offline

Posts: 1534499984

View Profile Personal Message (Offline)

Ignore
1534499984
Reply with quote  #2

1534499984
Report to moderator
1534499984
Hero Member
*
Offline Offline

Posts: 1534499984

View Profile Personal Message (Offline)

Ignore
1534499984
Reply with quote  #2

1534499984
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1534499984
Hero Member
*
Offline Offline

Posts: 1534499984

View Profile Personal Message (Offline)

Ignore
1534499984
Reply with quote  #2

1534499984
Report to moderator
1534499984
Hero Member
*
Offline Offline

Posts: 1534499984

View Profile Personal Message (Offline)

Ignore
1534499984
Reply with quote  #2

1534499984
Report to moderator
1534499984
Hero Member
*
Offline Offline

Posts: 1534499984

View Profile Personal Message (Offline)

Ignore
1534499984
Reply with quote  #2

1534499984
Report to moderator
GreenBits
Legendary
*
Offline Offline

Activity: 1050
Merit: 1000


It could be worse...


View Profile
August 26, 2017, 03:46:15 AM
 #342


Some problems:

1. Transaction time and transaction costs are too high

2. Proof or work costs are too high (energy spend on mining is non negligible (http://digiconomist.net/bitcoin-energy-consumption)

3. Lack of monetary flexibility as economic conditions change, make this currency too rigid to handle changes in economic landscape over time (ie recession)

4. Limited supply of crypto makes them fundamentally volatile and deflationary (people hoard instead of spend hoping to capture financial gains from limited supply)

Bitcoin was never intended, by design, to replace fiat. Our greed has grown this into the monolith that it is currently; this was for small, informal debt settling and value transfer. Wink

libert19
Full Member
***
Offline Offline

Activity: 406
Merit: 104



View Profile WWW
August 26, 2017, 04:01:16 AM
 #343

No unless we can buy our daily life expenses with Bitcoin. And most people use crypto for investment purposes so I hardly believe real money can disappeared.

               ♦      GΞMΞRA      ♦     Crypto-Token Backed by Colombian Emeralds     [  WHITEPAPER  ]              
     ▬▬▬    PRE-SALE  ▶  Sep 10th - Oct 24th     JOIN NOW & get 20% BONUS!    ▬▬▬    
♦          TELEGRAM        TWITTER        FACEBOOK        YOUTUBE         MEDIUM         GITHUB         LINKEDIN          ♦
wantjokull
Sr. Member
****
Offline Offline

Activity: 602
Merit: 271



View Profile WWW
August 26, 2017, 06:10:27 AM
 #344

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

No.

Why would anything like that happen? Crypto world is different thing and the real world money is different thing. They have got no reason to be mixed with each other. Bitcoin is different currency and its working can not be same as fiat currency. It works on block chain which is artwork of internet stuff and algorithms etc etc. They will be used as asset always to trade on the network but they will never come to real life application and make disappear the money/fiat currency. Besides that, government will never allow that to happen because it will take decades to change the world's currency and its not good for economic growth.



Zalfa_mui
Full Member
***
Offline Offline

Activity: 336
Merit: 100



View Profile
August 26, 2017, 08:29:06 AM
 #345

Real money will not be replaced and will never be extinct, crypto money will not replace the real money, because crypto money is money online and the government does not support it yet.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬     COVEX  |  One Stop Trading Platform      ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
|  |  |  |  Fast & Reliable  |  Real Time  |  Secure  |  Sharing Fees  |  |  |  |
ANN  Whitepaper  Facebook     ██  PRE-ICO: MAY 12TH  ██     Twitter  Reddit  Medium
Darker45
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500


Make winning bets on sports with Sportsbet.io!


View Profile
August 26, 2017, 08:48:50 AM
 #346

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

Not in this lifetime I guess. There is no reason why all the people across the entire world will use only cryptocurrency. I think that will not happen. I don't know what the world is 500 years from now, perhaps everything will be digital so perhaps some kind of digital currency will be the one in use. The question is whether BTC is still alive by then.

   ▄▄██████▄▄
  ████████████
███▄▄
 ██████████████▀▀▀██▄
████████████████   ▀██▄
████████████████     ▀██
██████████████       ██▌
██████████████        ▐██
██▌▀▀██████▀▀         ▐██
▐██                   ██▌
 ██▄                 ▄██
  ▀██▄             ▄██▀
    ▀██▄▄▄     ▄▄▄██▀
      ▀▀█████████▀▀





███████████████████████████
███████████▀▀         ▀▀███
████████▀   ▄▄██▄  ▀█▄  ▀██
██████▀  ▄████████▄  ▀█  ██
████▀  ▄██████▄▀  ██▄    ██
███▀  ██████▄▀  ▄▀████▄  ██
██▀  █████▄▀  ▄▀██████  ▄██
██  ▀███▄▀  ▄▀███████  ▄███
██    ▀██▄▄▀███████▀  ▄████
██  █▄  ▀████████▀  ▄██████
██▄  ▀█▄  ▀██▀▀   ▄████████
███▄▄         ▄▄███████████
███████████████████████████
███████████████████████████
████████▀▀       ▀▀████████
█████▀   ▄ ▀███▀ ▄   ▀█████
████  ▄████▄ ▀ ▄████▄  ████
███  ▄ ▀███▀ ▄ ▀███▀ ▄  ███
██  ▄██ ▀▀ ▄███▄ ▀▀ ██▄  ██
██  █▀ ▄█ ███████ █▄ ▀█  ██
██   ▄███▄ █████ ▄███▄   ██
███  ████▀ ▄▄▄▄▄ ▀████  ███
████  ▀ ▄ ▀█████▀ ▄ ▀  ████
█████▄  ▀▀▄ ███ ▄▀▀  ▄█████
████████▄▄       ▄▄████████
███████████████████████████
████████     INDUSTRY LEADING BITCOIN SPORTSBOOK     ████████
LIVE
STREAMING
DAILY PRICE
BOOSTS
LIVE DEALER
CASINO
FAST & SECURE
PAYMENTS
███████████████████████████
████████▀▀       ▀▀████████
█████▀  ▄█▄  ▀  ▄▄   ▀█████
████  ▄  ▀    ▀█████▄  ████
███  ▀█▀   ▀█▄   ▀▀██▄  ███
██  ▄    █▄  ▀██▄▄  ▀█▄  ██
██  █▀ ▄  ▀█▄  ▀███▄  ▀  ██
██    ▄██  ▀██▄  ▀███▄   ██
███  ▀████  ▀███▄  ▀█▀  ███
████  ▀████  ▀████▄    ████
█████▄   ▀▀█▄  ▀▀▀   ▄█████
████████▄▄       ▄▄████████
███████████████████████████
███████████████████████████
████████▀▀ █████ ▀▀████████
█████▀    ▄█████▄    ▀█████
██████▄▄█▀▀ ▄▄▄ ▀▀█▄▄██████
███▀███▀ ▄███▀███▄ ▀███▀███
██   █ ▄██▀     ▀██▄ █   ██
██   █ ██         ██ █   ██
██   █ ▀██▄▄█ █▄▄██▀ █   ██
███▄███▄ ▀██▄▄▄██▀ ▄███▄███
██████▀▀█▄▄ ▀▀▀ ▄▄█▀▀██████
█████▄    ▀█████▀    ▄█████
████████▄▄ █████ ▄▄████████
███████████████████████████





..WIN WITH US!..
doublebit21
Full Member
***
Offline Offline

Activity: 176
Merit: 100



View Profile
August 27, 2017, 06:45:24 AM
 #347

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


Imposible because cryptocurrency only exists in cyberworld. compare to real money you can touch and see the real face of a money. What if we have a global shutdown of electricity. many users of bitcoin will lose money.
ivrynx
Full Member
***
Offline Offline

Activity: 406
Merit: 103


View Profile
August 27, 2017, 07:19:26 AM
 #348

fiat already made real money disappear, bitcoin, however can make fiat money disappear, if you check your history, we use paper notes, in order to but goods and services because it is much easy, rather than carrying around with you gold coins, silver coins or copper. back then, there was only barter exchange, it works like if you have an apple, and you your neighbor has oranges, you trade your apple with them for oranges and it will depend on the both of you how many apples will you give for a number of oranges, if your neighbor wants oranges, then came along the coins, which is the first rel money, people will trade gold coins, silver coins or copper, just to have goods or services, in which majority of the people accepted that the trade can be done with those coins, then people started to create banks, and within those banks the gold that you deposited, so paper money or notes have a value, for example if you have an ounce of gold in the bank back then that has a value of 2 USD, you can use your notes to pay others, and without having the trouble of going into a banks, opening the vault in order to get your gold in exchange for goods and services. the paper notes however, lost its value when the dollar was taken off the gold standard and they used it as petro dollar, which became the fiat money today, it is not backed up by any other commodities, it is just used as a basis to trade for oil, the value goes up and down, depending on the so-called stock market, which we all know can be manipulated, then the banks just started printing out money, without us having any idea, why do they print paper which has no value, but just a basis for exchange. however for cryptocurrencies they can make fiat money obsolete, for example if all countries in the world will use bitcoin for transactions, there is no need for banks, however today, we still need to exchange our bitcoins to fiat, just to see its value, but when the time comes and banks began to close, cryptocurrencies will take over, specifically bitcoin, being the dominant cryptocurrency, fiat money will just have to make an innovation in order for it to survive since bitcoins along with other cryptocurrencies, can be use for exchange of goods and services.
Yutikas_11920
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


Token That Will Transform The Venture Capital Mark


View Profile
August 27, 2017, 07:25:46 AM
 #349

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

Not in this lifetime I guess. There is no reason why all the people across the entire world will use only cryptocurrency. I think that will not happen. I don't know what the world is 500 years from now, perhaps everything will be digital so perhaps some kind of digital currency will be the one in use. The question is whether BTC is still alive by then.

Indeed it is basically in the world will all be spinning, so we were basically will surely have the same thoughts. Does BTC or cryptocurrency that is currently emerging would give an advantage to the future or even vice versa. We cannot give a guarantee, but I am sure that it will remain profitable and life. Because the system and also the benefits are much more profitable.

.Transforming Venture Capital.
     ▇ ▇▇▇▇▇▇ ▇▇▇  READ OUR WHITEPAPER  ▇▇


      ███████████       ▄▄█████▄▄        ████      ████   ████
      ████▀▀▀▀▀▀▀    ▄█████▀▀▀█████▄     ████      ████   ████
      ████          ▐███▀       ▀███▌    ████      ████   ████
      ██████████    ███▌         ▐███    ████      ████   ████
      ████▀▀▀▀▀▀    ▐███         ███▌    ████      ████   ████
      ████           ████▄▄   ▄▄████     █████▄  ▄█████   ████
      ███████████     ▀▀█████████▀▀       ▀██████████▀    ████
      ▀▀▀▀▀▀▀▀▀▀▀         ▀████▄▄            ▀▀▀▀▀▀       ▀▀▀▀
                        █▄▄  ▀▀██
                         ▀████▄▄
                           ▀▀████
                               ▀▀
.
Telegram Chat
ANN Thread
Website
.
Twitter
Facebook
Reddit
valentin68
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
August 27, 2017, 07:44:15 AM
 #350

In my opinion there are no chances to live in a world without classic currency. As I know Sweden does not have cash money since two or three years now, but for all the money to be replaced with crypto-currency, this is something that governments should impose. Bitcoin is beginning to be very accepted in Asia, but in Europe and other parts of the world there are many things to be done to be accepted. Here where I am there are no physical shops to accept bitcoin. So in my opinion the chances to live in a world without classic money are very slim.
millgates
Sr. Member
****
Offline Offline

Activity: 574
Merit: 250



View Profile
August 27, 2017, 07:51:50 AM
 #351

What are the chances of living in a world with no actual money ?  Shocked
Living in a world with no actual money and only use digital currency is really good and better. The biggest advantage of cashless society is that keeping track of economic transaction through digital mode help to control back practices. So the number crime activity will be decrease.







▐██     ▄████▄       ██▌  ▄████████████████   ▄██████████▄      ▄█████████▄
▐██    ▐██  ███      ██▌  ███▄▄▄             ██▀        ▀██▌  ▄██▀       ▀██▄
▐██    ▐██   ▀██     ██▌    ▀▀▀████▄        ▐██         ▄██▌ ▐██           ██▌
▐██    ▐██     ██▄   ██▌         ▀██▄       ▐██  ▄███████▀   ▐██           ██▌
▐██    ▐██      ██▄  ██▌          ▐██       ▐██  ███▄         ▀██▄       ▄██▀
▐██    ▐██       ▀████▀           ▐██       ▐██   ▀▀███████     ▀█████████▀



.



.




  ▄▄▄▄▄▄▄▄▄▄▄▄▄
▄████████▀▀▀▀███▄
███████▀     ████
███████   ███████
█████        ████
███████   ███████
▀██████   ██████▀
  ▀▀▀▀▀   ▀▀▀▀▀


             ▄▄▄
        ▄▄▄█████
  ▄▄▄████▀▀▄███
▀▀████▀ ▄██████
    █ ▄███████
     ███▀█████
           ▀█▌

            ▄▄▄
█▄▄      ████████▄
 █████▄▄████████▌
▀██████████████▌
  █████████████
  ▀██████████▀
   ▄▄██████▀
    ▀▀▀▀▀

     ██  ██
   ███████████▄
     ██      ▀█
     ██▄▄▄▄▄▄█▀
     ██▀▀▀▀▀▀█▄
     ██      ▄█
   ███████████▀
     ██  ██

▄▄▄▄▄▄        ▄▄▄▄▄▄
 ▀█████       █████
  ██████     ██████
  █ ▀████   █ █████
  █  ▀████ █▀ █████
  █   ▀████▀  █████
 ▄█▄   ▀███   █████
▀▀▀▀▀▀   ▀   ▀▀▀▀▀▀▀

          ▄▄▄ ▄▄▄
          █  ████
      ▄▄▄█▄▄▄▄ ▀
▄█████████████████▄
▀████▌  ███  ██████
  ███████████████▌
   ▀███▄▄▄▄▄████
    ▀▀███████▀▀
Dr.Osh
Legendary
*
Offline Offline

Activity: 1036
Merit: 1000



View Profile
August 27, 2017, 07:56:23 AM
 #352

I do not know, every cryptocurrency has their own function. there are only a few of the cryptocurrencies that are always on the platform to form other cryptocurrencies. But, so many people assume that cryptocurrency is a substitute for money.

.
                ▄▄▄▓▓▓▓▓▓▓▓▓▓▄▄
            ▄▄▓▓▀░░░░░░░░░░░░░░▓▓▓▓
          ▄▓▓░░░░░▄▄████████▄▄░░░░░░▓▓
        ▄▓▀░░░░██████████████████▄░░░▓▓▌
       ▓▓░░░▄██████████████████████▄░░░▓▓▄
      ▓░░░░█████████████████████████░░░░▓▄
     ▓▓░░░████████████████████████████▌░░░▓
    ▐▓░░░▓████████████░░░░░████████████░░░▓▓
    ▓▓░░░█████████████▓████▓███████████▌░░▐▓
    ▓▓░░░█████████████▓████████████████▌░░▐▓
    ▐▓░░░▓████████████▓░██░████████████░░░▓█
     ▓▓░░░████████████▓░██████████████▌░░░▓▌
      ▓▓░░░███████████▓██████████████▀░░░█▌
       ▓▓░░░░█████████▓▄███████████░░░░█▀
        ▓▓░░░░░██████████████████▀░░░░▓█
          ▓▓░░░░░░▀██████████▀▀░░░░░▓█▀
            ▀▓▓░░░░░░░░░░░░░░░░░░▓█▀
                ▀▓▓▓▓▓▓▓▓▓▓▓██▀▀▀
██
██
██
██
██
██
██
........BRIDGING MARKETS.......
.AN ALL INCLUSIVE ECOSYSTEM.
██
██
██
██
██
██
██
██  .Social Media.  ██
██▄███████████████████▄
██████████████████████▌
██████████████████████▌
████████████     █▀███▌
███   █████        ▐██▌
███               ▐███▌
███               ████▌
████             █████▌
█████▄▄         ██████▌
████         ▄████████▌
██████████████████████▌
██████████████████████▌
▄▓█████████████████████▓▓▄
▓██████████████████████████▌
███████████████████▓▓▀  ▓██▌
██████████████▓▀▀       ▓██▌
████████▓▀▀      ▄█    ▐███▌
███▓▀        ▄▄▓▀      ▓███▌
███▓▄▄▄   ▄▓█▓         ████▌
████████▓ ▓▌          ▓████▌
█████████▓    ▄       █████▌
██████████▌ ▄▓██▓▄   ▐█████▌
███████████████████▓▓██████▌
▐██████████████████████████
  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
██
Pleione527
Full Member
***
Offline Offline

Activity: 252
Merit: 111



View Profile
August 27, 2017, 08:03:04 AM
 #353

I think cryptocurrency can make real money disappear because the technology opens up posibility of paperless money and seeing how bitcoin is being accepted in the market nowadays it seems that paper money can become obsolete in future time

lawlawlaw
Member
**
Offline Offline

Activity: 113
Merit: 10


ICO live: The Social Economy


View Profile
August 27, 2017, 10:24:15 AM
 #354

Probably no.but i'm sure cryptocurrency will be a partner for real money. as of now, it is good for alternative and convinient use. i'm guessing too that it will work hand-to-hand with fiat. cryptocurrency will also be available to banks.

█ █      TIPPER TM   |   THE SOCIAL ECONOMY      █ █
████████████    ICO LIVE NOW    ████████████
|    Telegram    |    Whitepaper    |    Twitter    |
Taki
Hero Member
*****
Offline Offline

Activity: 854
Merit: 514



View Profile
August 27, 2017, 10:51:46 AM
 #355

This is our future to physical money go in history. Everything is showing for that. Yes, I'm for an idea of cashless society, but I don't think it is going to happen so fast, cause of the biggest part of people is still leaving in a country side. I don't say that people there don't know a thing about technologies, no, oppositely, many people today chose technological equipped peaceful life in a country. But the progress is unstoppable and paper money are going to go in the past one day.

               ▄▄███████▄▄
            ▄███████████████▄
           ███████████████████
          █████████████████████▄▄▄▄
      ▄▄▄████████████████████████████▄
   ▄█████ ▐▌ ██████████████████████████▄
 ▄█████       ▀█         █          ████▄
▐███████  ███  ▐█  ██▀█▄▄█▄▄██  ██▄▄█████
████████       ██     ████████  █████████
████████  ███  ▐█  ██▄█▀▀█████  ████████▀
 ██████       ▄█         ███      █████▀
  ▀██████ ▐▌ ████████████████████████▀
    ▀▀▀██████████████████████████▀▀

       ▄▄▀▀▀██████▄
    ▄██████▀▀███████▀▀▄
  ▄██████▀▄███████████▄▀▄
 ▄█ ███████████████ ████▄▄
▄██████████████████▌▐█████▄
███████████████████████████
▀▄████████▄▄▄▀▀▀████████▀▄
██████████████████████████
▀████ ████████████████████▀
 ▀████ █████████▀▄████ ██▀
  ▀████▄▀█████▀▀▄█████▌▐▀
▄███▀▄██████▄▄████▀▀▄▄▀███▄
▀██████
▀▀████▄▄▄▄▄▀▀██████▀
   ▀▀▀███████████████▀▀▀
         ▄▄▀▀██▀▀▀▀▄▄▄▄▄
      ▄▀▀██▄▄█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
  ▄▄▄▀▀▀█▄▄▄▀▄██████████
▄▀▀█▄▀█▄█▀███████████
▄▀████████▐▌██████
 █▀▄██████████▄████▄████
  ▀▄█████████████████████
   ▀▄█████████▀██████▀███
     ██████████▄██▄█████
      █████████████████████
       ▀▄████████████████
        ▀▄████████████████
          ▀███▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀



Dudeperfect
Hero Member
*****
Offline Offline

Activity: 924
Merit: 529

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile WWW
August 27, 2017, 11:01:01 AM
 #356

I don't think anything like this is going to happen in at least next 100 years. We will have people who will always prefer fiat currencies (yes, the form will keep changing). There is a strong possibility of government's adoption of blockchain technology and we might see blockchain version of fiat currencies. Thus, I think the form of fiat currencies will keep changing but it won't disappear completely.

chichigirl
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250



View Profile
August 27, 2017, 11:32:34 AM
 #357

No, it will not happen. Inspite of the popularity of the cryptocurrency in our present time still the government or nation needs the real money in order to control the monetary policy since the government has no control with all the cryptocurrencies.


              ████████████             
          ██████████████████           
       ████████████████████████       
     ████████████           ████     
    ███████████  ███████████  ████     
   ███████████  █████████████  ████   
  ███████████  ███████████████  ████   
  ███████████  ███████████████  ████   
 ████████████  ███████████████  ████   
 ████████████  ███████████████  ████   
  ███████████   █████████████  █████   
  ███████████     ██████████  ██████   
   ██████████  ██           ███████   
   ██████████  ███████████████████     
     ████████  ██████████████████     
      ███████  ████████████████       
         ████  ██████████████         
            ██████████████             

              ████████████             
          ██████████████████           
       ████████████████████████       
     ████████████           ████     
    ███████████  ███████████  ████     
   ███████████  █████████████  ████   
  ███████████  ███████████████  ████   
  ███████████  ███████████████  ████   
 ████████████  ███████████████  ████   
 ████████████  ███████████████  ████   
  ███████████   █████████████  █████   
  ███████████     ██████████  ██████   
   ██████████  ██           ███████   
   ██████████  ███████████████████     
     ████████  ██████████████████     
      ███████  ████████████████       
         ████  ██████████████         
            ██████████████             
Ingoats
Full Member
***
Offline Offline

Activity: 392
Merit: 100


The Future Of Work


View Profile
August 27, 2017, 11:39:35 AM
 #358

What are the chances of living in a world with no actual money ?  Shocked
I dont think that Fiat money will disappear because of cryptocurrency. First, it is because that different types of money have different functions and uses. Cryptocurrency is for Internet World while Fiat monet is for Both Online and Offline; and is usually used for daily lives.

▬▬■ ■ ■▬▬ The Future of Work. Decentralized. ▬▬■ ■ ■▬▬
WhitepaperANN THREADTELEGRAMFACEBOOKTWITTERYOUTUBE
miyong
Full Member
***
Offline Offline

Activity: 336
Merit: 100



View Profile
August 27, 2017, 12:05:09 PM
 #359

What are the chances of living in a world with no actual money ?  Shocked
Its highly impossible for crypto currency to make real money disappear.Real money is backed by governments and so they give assurance to its value.But crypto currencies are mostly decentralized.Its value is mostly driven by the community support.Most people don't know about digital transactions and they only know paper money as the real money.Also,internet is also not widely available in all parts to carry digital transactions.

True, that is impossible, for that to happen all the people should learn about crypto, internet and all the things needed in daily transaction.

MyCryptoBank  ――  Legal and Reliable Crypto Bank
Whitepaper  ――  CRYPTOBANK FOR CRYPTOCOMMUNITY  ――  Announce
―― Medium ―― YouTube ―― LinkedIn ―― Telegram ―― Facebook ―― Twitter ――
sheldonnnn
Sr. Member
****
Offline Offline

Activity: 420
Merit: 266



View Profile
August 27, 2017, 12:33:02 PM
 #360

What are the chances of living in a world with no actual money ?  Shocked
I dont think that Fiat money will disappear because of cryptocurrency. First, it is because that different types of money have different functions and uses. Cryptocurrency is for Internet World while Fiat monet is for Both Online and Offline; and is usually used for daily lives.


I also think that this is impossible. Many countries nowadays still restrict access to the Internet and crypto-currencies.  Many people can not use the inventions of civilization even today. In these circumstances the crypto currency can not replace the real money with physical value.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 [18] 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 ... 96 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!