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Author Topic: Can cryptocurrency make real money disappear?  (Read 28830 times)
eduinvestor
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October 25, 2017, 02:36:27 PM
 #821

I dont think so, I think that cryptos and fiat will live together

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johny.valencia2
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October 25, 2017, 02:59:19 PM
 #822

i dont think so that cryptocurrency will dissappear real money,because it is decentralizeda and the only way is that if it make secure and become centralized then may be it will take the place of real money.
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October 25, 2017, 03:05:56 PM
 #823

To live without real money in this world is impossible. To make real money disappear by cryptocurrency first the whole world each and everyone has to be get connected through internet every body should aware of cryptocurrency not only that they should have the equipment to handle by them in their day to day life. After all this happen all country together in this world should officially start accepting for all government fees for those to be done miracle has to be done so in my point of view real money will stay for ever but usage volume maybe reduced in near future itself. People are willing and change also want to upgrade themselves along with the technology.

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krun4
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October 25, 2017, 03:09:56 PM
 #824

Even if this is possible there will be great resistance against it. A lot people needed to be convinced and as well I can't even imagine all fiat currencies to be exchanged to cryptos, it is just mind-blowing..
Fulmand
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October 25, 2017, 03:22:21 PM
 #825

Even if this is possible there will be great resistance against it. A lot people needed to be convinced and as well I can't even imagine all fiat currencies to be exchanged to cryptos, it is just mind-blowing..


Digital currency is already popular in the world and in fact more people in this modern days are patronizing it but this is not enough for it to replace real money. It will take a lot of debate and process to different countries to shift from real money to crytocurrency especially not all countries are legalizing it already. With regards to its people also not all are with internet access and are computer literate and not all even have smartphones, so this is a little bit difficult to happen yet anything can happen in the future.
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October 25, 2017, 03:23:58 PM
 #826

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

What do you mean? Bitcoin is real money.

drawoh14
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October 25, 2017, 03:28:33 PM
 #827

What are the chances of living in a world with no actual money ?  Shocked
I guess not, physical money is more important than virtual money because it has a fixed value unlike cryptos because of its volatility

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jakoylantern
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October 25, 2017, 03:29:37 PM
 #828

For me, cryptocurrency can’t make real money disappear, because it’s real money that everybody uses. It’s just 1-3% in this world use cryptocurrency to buy the things they need or they want. The real money used by 99% in this world even you. You need real money to buy something’s and many more. But even you own bitcoin you still need real money, because not every store, company and even person accepts bitcoin as a payment. Smiley
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October 25, 2017, 04:05:59 PM
 #829

What are the chances of living in a world with no actual money ?  Shocked
I believe that it can't make money disappear. First reason is that money or regular currency is supported by governments of different countries unlike Bitcoin which is decentralized. Second, Bitcoin is a digital currency and still not that secured since it is an open source system. Lastly, both are different currencies and they have different functions not only as a currency.
Exactly, you are right. Bitcoin is not only a currency as FIAT, Bitcoin is still an asset and a tool helps us to transfer money internationally. Beside that, Bitcoin also can be using for many purposes about make money, especially is trading.

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October 25, 2017, 04:09:13 PM
 #830

I think crypto currencies can't make fiat currencies disappear, because the majority of people around the world still using fiat a lot more than BTC and other altcoins. So it will need very long time for this people to know about crypto and start using and dealing with it


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DIMKAZDS
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October 25, 2017, 04:11:32 PM
 #831

What are the chances of living in a world with no actual money ?  Shocked
Bitcoin is doing really great and is at its top. Bitcoin has gained a lot of popularity and users since it had started and they both are growing still. But still I don’t think that bitcoin can replace money from the world because firstly, money is way more popular than bitcoins and it has way more users than bitcoin. Secondly, money is a stable form of currency so it’s value does not fluctuate on the other hand bitcoin’s value continuously fluctuate. Then money is centralised leading to increased stability whereas bitcoin is decentralised.
azhar700
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October 25, 2017, 04:29:33 PM
 #832

Not all countries accept the existence of other bitcoins and cryptocurrencies. Perhaps the development of the times and the technology that can determine this. I prefer fiat and cryptocurrency side by side, cryptocurrency can mask fiat performance deficiencies, and vice versa, and I think, fiat will always be there and will continue to be used.

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iloveass2
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October 25, 2017, 04:37:51 PM
 #833

I think that's a no. Because after you earn crytocurrency, you have to exchange or sell it to and receive your country currency. Now you can withdraw it from your bank account and you will receive cash in your hand. So to me, no. It can't make real money disappear

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October 25, 2017, 04:44:17 PM
 #834

Crypto currency will be more popular than nowadays, but, in reality, it can not replace actual money because btc or anything else can make the trade or shopping online easier instead of normal money but never become more reliable, valuable or stable than actual money in almost situation. I can't predict the future what will happen with bitcoin but i think in next 100 year, money still rule as usual.
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October 25, 2017, 04:47:31 PM
 #835

I think that's a no. Because after you earn crytocurrency, you have to exchange or sell it to and receive your country currency. Now you can withdraw it from your bank account and you will receive cash in your hand. So to me, no. It can't make real money disappear

You got it.
Others will lie trying to pretend it will work but it will not. Not at this time.
A lot of countries do not have the same technology as others. We still rely on paper money.
That cannot be erased for many years to come.
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October 25, 2017, 04:50:54 PM
 #836

No chance to lose real money by password. It's a lot of consultation and approval process before having the opportunity to make it through the cryptokurrencies that are used worldwide instead of fiat.
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October 25, 2017, 05:09:51 PM
 #837

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

Real Money strong enough.

Most of  cryptocurrency may be accepted by a bank but till now economizes strongly recommended to stay away from cryptocurrency

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October 25, 2017, 05:33:32 PM
 #838

There's a big chance that money will disappear and be replaced by Bitcoin or Altcoins because Blockchain Technology is the future of economy worldwide. Even some countries are now merging and trying to develop their own coins.

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October 25, 2017, 05:38:42 PM
 #839

I don't think so. Cryptocurrencies can't work without electricity and internet. This is not available everywhere.
neither can credit cards and paypal / skrill / bank / whatever servers, which i would bet to say that people use way more often in both frequency and volume traded than physical money. in addition, the internet is a fairly new invention in the world, even though many of us has known it to exist for either our whole lives, or the great majority of it. (if you want to read up more, just use google, but tcp/ip the basic transfer protocol, was developed only in the 70s) the internet is still developing; speeds are getting faster, infrastructure is still growing, and there are yet to be places that will have readily available access to all. it's only a matter of time before the entire population of earth gains the access to internet as a basic right, and i personally believe its not that far off. of course, until that happens, not everyone will be able to use bitcoin because of the inherent need for a network connection, but it's only a matter of time.

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October 25, 2017, 06:11:19 PM
 #840

Nowdays cryptocurrency is traiding instrument, no more. In our life,money is symbol of success, nobody agree change cash to crypto forever, couse its not usefull and reliable. Bank card appeared more then half of century ago, it was more convenient then cash, but we are using cash still.
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