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diegz
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October 19, 2017, 06:42:19 AM |
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I think it can't. There are many ways to do when the things that you think to happen will be. How can you transact a small item and how can we transact if there is no internet. I think there are lot of studies about bitcoin to make it happen.
That's what I'm thinking, how can we transact when there is no internet connection? Besides, the transaction fee, isn't it convenient to just use fiat when buying something in real life? no delays, and no extra charge. I do believe that bitcoin will become famous, but for it to make the fiat disappear, I don't think so. If it does, well I think we won't be seeing it happening. |
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Astvile
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October 19, 2017, 07:08:51 AM |
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no crypto cant make fiat disappear. but crypto can really word with fiat hand-to-hand. also, how can people access bitcoin if they dont have internet. remember, not all people can afford to pay an internet connection.
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BlockchainGod
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October 19, 2017, 07:19:48 AM |
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No crypto currency cannot be comparable to real money. It can't instead of. But it is unstoppable, better to adopt it.
I don't agree with you. Bitcoin is not subject to inflation and cannot be faked. At least one fiat currency can boast of that? |
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e_rein
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October 19, 2017, 07:42:31 AM |
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Starting to diminish in the number of users, Yes, but completely disappear, No. The reason is pretty simple which is the inability of the cryptocurrency transaction to be performed offline. As of now internet coverage is still a privilege in some areas accross the world, so it is quite hard to imagine if real cash doesn’t exist.
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agorkems
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October 19, 2017, 07:47:42 AM |
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Cryptocurrency does have a chance to make real money disappear. However, I believe it will not solely disappear just by cryptocurrencies alone. There are many factors involved that make real money become lesser in value. With the large quantity of paper money printing and cases like China going all cashless in the transaction. Cryptocurrency may be the next big thing.
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jamids
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October 19, 2017, 07:54:00 AM |
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What are the chances of living in a world with no actual money ?  It's possible but there's a little chance of it given that all of the people in the world don't have access digitally or know how to use things digital. Some people living in places where there's barely an electricity would find it hard to use digital money or even have access to it. Fiat is still preferable because it is physical money and everyone knows it. Fiat and digital money would just co-exist and then maybe digital money or bitcoin would be preferable to be use as store of value instead of currency as there are limited options for it now. |
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homculus
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October 19, 2017, 07:59:34 AM |
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I can see this happening because it doesn't take any skills or having an education to be able to obtain it.
It is all internet money or cryptocurrency as the people online like to call it.
So all you need is a data plan to hold,obtain and use it. Undecided
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sukoon
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October 19, 2017, 08:05:55 AM |
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Bitcoin very popular, but I think it cannot replace the real money. any government will not hold anything that they cannot control. btc is a decentralized currency, meaning no one has a direct authority over it.
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azguard
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Crypto-News.net: News from Crypto World
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October 19, 2017, 09:24:37 AM |
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What are the chances of living in a world with no actual money ? People everytime are mostly using real money for any transaction. I do not think that cryptocurrency can make real money dissappear if that happen what we will use to transaction in the real world and only available to transaction on internet. Although cryptocurrency very popular right now but do not mean they can beat real money. For start it could be used for internet buying like you mentioned but this also will give multiple problem cuz then it will be what crypto to use f they choose bitcoin price variate all the time if they pick some other then most will have to change bitcoin or some other to that particular one. To create another then is also problem will it be clean altcoin or it will be eth based token. Many problem we will have with this but in time we will solved them eventually and then we will see how money is going to history, but this we wont see. |
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hynext
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October 19, 2017, 01:43:11 PM |
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I think it is impossible the real money disappear. Because we all know that the central bank is own by the government.
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Pakar11220
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October 19, 2017, 01:54:38 PM |
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I dont think so that crypto currency make real money dissappear because crypto currency has no physical shape and it is decentralized.The only way is cryptocurrencies will work hand-in-hand with FIAT money.
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cinchin
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October 19, 2017, 01:56:47 PM |
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I think it can't. There are many ways to do when the things that you think to happen will be. How can you transact a small item and how can we transact if there is no internet. I think there are lot of studies about bitcoin to make it happen.
I can't understand what you're trying to point out but the way I see it your saying it is impossible because not everyone of the population has the technology for it. For example internet, not every place in the world has access to the internet that is why bitcoin cannot replace paper money because not everyone can use it. - Of course, bitcoin can not replace and make real money disappear, it is very inconvenient and not too popular with many people, and I do not think the store owners accept payment by bitcoin, the transaction fee is quite expensive and the time to confirm the transaction is very long - In addition, governments of countries in the world do not accept Bitcoin, they can not manage it, if they accept it, economic problems will happen, even their money will become worthless because people only focus on using bitcoin, they do not want bitcoin to replace their money |
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Blockfolioz
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October 19, 2017, 02:01:41 PM |
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Bitcoin very popular, but I think it cannot replace the real money. any government will not hold anything that they cannot control. btc is a decentralized currency, meaning no one has a direct authority over it.
Yes, none has a direct control over the asset. Bitcoin won't replace the real currency, because everyone cannot use bitcoin. Only the people with good understanding about technology and computer systems can make use of it. Real money can be used by all people. |
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chadtn
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October 19, 2017, 02:48:45 PM |
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Think so. A simple but revealing example: precious metals were replaced by paper, so in 21 century we can see the world without "real money"
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FutureICOs
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October 19, 2017, 07:56:32 PM |
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I am not sure if that is possible, as it is just silly to think that money could ever disappear. It is not a product or anything like that. Every country has their own currency, so you can’t make that disappear, as it will kill the economy. And, I see no reason why Cryptocurrencies and real money can’t co-exist. Both are different and both have their own roles which can’t be followed by other one, so both are great in their own ways. Crypto industry has opened great opportunity for us, so we got to be ready for it. I find it pretty good with Sphere; it’s amongst the hottest Cryptos right now with 45% bonus as well. |
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princesocapuyo
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Presale is live!
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October 20, 2017, 04:42:39 PM |
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Cryptocurrencies, and Bitcoin in particular, are already making "real money" disappear. I'm not sure what you would consider to be real money though as BTC is certainly that.
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princesocapuyo
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Presale is live!
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October 20, 2017, 04:43:33 PM |
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Cryptocurrencies, and Bitcoin in particular, are already making "real money" disappear. I'm not sure what you would consider to be real money though as BTC is certainly that.
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androidpobeditel
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October 20, 2017, 05:03:34 PM |
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In one form or another, it will be replaced. But it needs to be understood that the crypto-currencies in the form in which they are presented now are more analogous to gold than money. Of course, one should not wear rose-colored glasses and think that bitkoyn will solve all the problems of mankind. Nevertheless, this is a very interesting thing, which brought a lot of new things to the digital world. In fact, this is the first independent currency for the last several thousand years.
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BitcoinPC
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October 20, 2017, 05:09:34 PM |
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I am not sure if that is possible, as it is just silly to think that money could ever disappear. It is not a product or anything like that. Every country has their own currency, so you can’t make that disappear, as it will kill the economy. And, I see no reason why Cryptocurrencies and real money can’t co-exist. Both are different and both have their own roles which can’t be followed by other one, so both are great in their own ways. Crypto industry has opened great opportunity for us, so we got to be ready for it. I find it pretty good with Sphere; it’s amongst the hottest Cryptos right now with 45% bonus as well. I also don't think that because it is too hard for cyrpto currencies to disappear the real money and it take time, even in my thinking it is impossible to think about it that one day we all are using only crypto currencies and forget about real money. Actually in my eyes, real money has more power than crypto, so i will not accept it even bitcoin or other cyrpto get more popularity than real money but real is real. |
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jizenlianyong
Member
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Merit: 10
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October 20, 2017, 06:18:13 PM |
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If this happens, it will not be soon. I think that in the near future we will use the Crypto currency as well as the usual money, but an absolute replacement ... This is too unrealistic. Not every person on the planet has access to information sources, without which the use of crypto currency is impossible (phone, computer, Internet). Accordingly, real money will be in demand and will not disappear. However, there is nothing wrong with this, I do not aspire to get rid of paper money, I really like them  |
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