DaftAjax
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September 08, 2017, 01:56:27 AM |
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I cant see that, if it took place there would be a time that individuals will require bodily cash for straightforward transactions. I believe merging of these currency are intently ample to happened, feasible.
Fiat and crypto currencies really don’t need to replace each other. They are both doing their jobs nicely and I don’t think so there is any need of comparing both. In the coming years, we will be allowed to use both types of currencies as per our needs and demands. In short, respect both currencies. I think not, you see people always choose the convenience of a currency. Like in cash, it is easy to use, the availability is not an issue, they understand how the transaction works, they understand the value and so on and so fort. But the Bitcoin lacks most of it, so currently people prefer cash. But once Bitcoin have been legalized it will be more convenient than cash.
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ethereumhunter
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September 08, 2017, 10:03:43 AM |
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I cant see that, if it took place there would be a time that individuals will require bodily cash for straightforward transactions. I believe merging of these currency are intently ample to happened, feasible.
Fiat and crypto currencies really don’t need to replace each other. They are both doing their jobs nicely and I don’t think so there is any need of comparing both. In the coming years, we will be allowed to use both types of currencies as per our needs and demands. In short, respect both currencies. I think not, you see people always choose the convenience of a currency. Like in cash, it is easy to use, the availability is not an issue, they understand how the transaction works, they understand the value and so on and so fort. But the Bitcoin lacks most of it, so currently people prefer cash. But once Bitcoin have been legalized it will be more convenient than cash. i am not sure about this because its too far to see cryptocurrency make real money disappear and there are still many country is not accepting or disapprove bitcoin in their country. but i think its not and maybe bitcoin and real money will work together to help economic of the country and the citizen so the citizen can use the benefit of bitcoin in the same time.
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ramsdaj28
Sr. Member
Offline
Activity: 420
Merit: 256
اللعنة
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September 08, 2017, 10:35:21 AM |
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What are the chances of living in a world with no actual money ? Well, I think, there is a small chance that real money will gone in the near future. Physical money has been already a part of the economy in the past years, and people are accustomed with this. I don't see that real money (coins and bills) will gone soon. What I can see is that all countries will accept the use of bitcoins in our daily transactions, but real money will still remain.
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reputation
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September 08, 2017, 11:57:01 AM |
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What are the chances of living in a world with no actual money ? i think it will not appear in my life, the right to tax and mint are two of the most important powers of the government, how can the government gve it up, unless the government hold most of the btc
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deppil
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September 08, 2017, 12:07:11 PM |
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I cant see that, if it took place there would be a time that individuals will require bodily cash for straightforward transactions. I believe merging of these currency are intently ample to happened, feasible.
Fiat and crypto currencies really don’t need to replace each other. They are both doing their jobs nicely and I don’t think so there is any need of comparing both. In the coming years, we will be allowed to use both types of currencies as per our needs and demands. In short, respect both currencies. yeah I think it would be better if both go side by side, besides you can also use both simultaneously without any obstruction. after all cryptocurrency has no chance to replace fiat, because of course the government will always maintain the local currency
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zoho
Newbie
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Activity: 26
Merit: 0
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September 08, 2017, 01:38:47 PM |
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What are the chances of living in a world with no actual money ? As of now, Chances are very less that real money will totally disappear. But when bitcoin becomes famous among everyone and when all the countries accept bitcoin officially, there are chances that real money gets disappear.
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bustomi
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September 08, 2017, 01:55:42 PM |
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Yeah, That might happen when all people realize that btc is easier to use
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lawlawlaw
Member
Offline
Activity: 112
Merit: 10
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September 08, 2017, 02:00:52 PM |
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no no and no. cryptocurrency cant make fiat disappear. not all people are using crypto. atleast 3/4 of the world recognizes crypto. also crypto does not have a stable value, they can go up and down real quick. issues are still rising about crypto.
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0t3p0t
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September 08, 2017, 02:05:19 PM |
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What are the chances of living in a world with no actual money ? I don't think if cryptocurrency can make fiat money disappear since they have different uses and purposes. Cryptocurrency or digital money is used only in digital world while fiat money is used to buy in our daily needs and we can physically have it on our own. If we are living in a world with no actual money it is possible through barter just like what we did in the past with our ancestors. Therefore I am not convinced with the idea on making real money disappear because centralized fiat money and decentralized digital money is different and is also using different technology.
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xtyson
Newbie
Offline
Activity: 13
Merit: 0
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September 08, 2017, 02:18:08 PM |
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I think eventually electronic currencies will make fiat obsolute but its not going to be anytime soon.
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DaftAjax
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September 08, 2017, 02:23:39 PM |
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I cant see that, if it took place there would be a time that individuals will require bodily cash for straightforward transactions. I believe merging of these currency are intently ample to happened, feasible.
Fiat and crypto currencies really don’t need to replace each other. They are both doing their jobs nicely and I don’t think so there is any need of comparing both. In the coming years, we will be allowed to use both types of currencies as per our needs and demands. In short, respect both currencies. I think not, you see people always choose the convenience of a currency. Like in cash, it is easy to use, the availability is not an issue, they understand how the transaction works, they understand the value and so on and so fort. But the Bitcoin lacks most of it, so currently people prefer cash. But once Bitcoin have been legalized it will be more convenient than cash. i am not sure about this because its too far to see cryptocurrency make real money disappear and there are still many country is not accepting or disapprove bitcoin in their country. but i think its not and maybe bitcoin and real money will work together to help economic of the country and the citizen so the citizen can use the benefit of bitcoin in the same time. If you could see it, and that is very obvious, Bitcoin's value always depend on the fiats (dollars). I wanted to tell you that Bitcoin will likely to have its own value I mean, like for instance I wanted to buy water for like 0.000001 BTC. I mean that is the thing here.
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bamboylee
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September 08, 2017, 02:32:51 PM |
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I cant see that, if it took place there would be a time that individuals will require bodily cash for straightforward transactions. I believe merging of these currency are intently ample to happened, feasible.
Fiat and crypto currencies really don’t need to replace each other. They are both doing their jobs nicely and I don’t think so there is any need of comparing both. In the coming years, we will be allowed to use both types of currencies as per our needs and demands. In short, respect both currencies. I think not, you see people always choose the convenience of a currency. Like in cash, it is easy to use, the availability is not an issue, they understand how the transaction works, they understand the value and so on and so fort. But the Bitcoin lacks most of it, so currently people prefer cash. But once Bitcoin have been legalized it will be more convenient than cash. i am not sure about this because its too far to see cryptocurrency make real money disappear and there are still many country is not accepting or disapprove bitcoin in their country. but i think its not and maybe bitcoin and real money will work together to help economic of the country and the citizen so the citizen can use the benefit of bitcoin in the same time. That is what I think too. Both cryptocurrency and fiat can coexists and help people improve their finances. Fiat will continue to exists even if bitcoin or cryptocurrency becomes mainstream and mainly used.
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Ayush rana
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September 08, 2017, 02:39:21 PM |
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In future it might happen that real money get disappear. With advancement of technology, why people carry their wallets when they can pay through their phone with cryptocurrency.
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Imam_Dj
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September 08, 2017, 02:39:34 PM |
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I think it can be Because bitcoin can be swapped into real currency or sold to others
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farhansadik
Member
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Activity: 112
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September 08, 2017, 03:49:30 PM |
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Although digital currency is a very useful thing for the current time But, I do not agree with your opinion There is a huge difference between real money and digital currency The purpose of these two currency is totally different & Their use is not same. There is a need for centralized currency to revive the economic condition of a country. On the other hand Digital currency can only help with the exchange or the transaction or the transfer of money.
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2double0
Legendary
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Activity: 2618
Merit: 1105
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September 08, 2017, 03:56:51 PM |
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Instead of thinking to make real money disappear, why not devaluate it too much against Bitcoins by taking BTC higher and breaking fiat too much in front of it. Fiat and cryptocurrencies should go hand in hand in order to have all the things be worked out smoothly because something is needed to valuate Bitcoins, so why not fiat too?
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kartiksgk
Newbie
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Activity: 19
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September 08, 2017, 04:13:22 PM |
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Yes!! cryptocurrency can make real money dissappear cryptocurrency,s like bitcoin offers very huge amount of advantages that traps traders and increases the acceptence of bitcoin. by saying the rate of increase in users of bitcoins and the big community supporting bitcoins it would surely become a world wide accepted!!!
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SimonJones
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September 08, 2017, 04:18:11 PM |
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Money is just something that people put value to. If everyone accepts crypto then there's no need for money. Yes, crypto can change the world.
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GreenBits
Legendary
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Activity: 1148
Merit: 1048
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September 08, 2017, 04:46:42 PM |
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Yes!! cryptocurrency can make real money dissappear cryptocurrency,s like bitcoin offers very huge amount of advantages that traps traders and increases the acceptence of bitcoin. by saying the rate of increase in users of bitcoins and the big community supporting bitcoins it would surely become a world wide accepted!!!
bitcoin will never replace fiat. they dont serve the same function. observe: fiat is all ways perfect for small, casual, quick transactions. you dont need anything special except your eyes and a brain, and maybe some hands. fiat is portable, damn near universally accepted, and very easy to secure. bitcoin requires a device to transact; and a wifi field or internet tether. it usually takes at few minutes for a confirmation, so your line of customers would grow and grow in the meanwhile. you could have folks prepay, but still, for your walk up customers this would be a nightmare. people would get out of line and walk away. also, and most importantly, there is usually not a fee for transacting in fiat (taxes dont count, bitcoin purchases of real world items are subject to the same taxes).
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AlienSeeker
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September 08, 2017, 04:53:40 PM |
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Now that we are in a digital age generation, this question really is not an impossible thing to happen. As people are satisfied how transactions are getting more faster and convenient, I can say that real money or paper money can disappear soon.
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