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dreamer81
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October 26, 2017, 06:30:43 AM |
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what do you mean by real money? untill you can answer that question, your original question does not make sense.
Money in my view is just an easy means of payment. In reality we dont use money anymore, everything is digital wires anyways.
So yes, crypto will replace standard fiat - in time.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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radjie
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October 26, 2017, 10:18:55 AM |
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What are the chances of living in a world with no actual money ?  It is quite possible to live even without money because that literally happens thousands of years ago but for our current time, it is quite impossible to loss the real money because it has been a part of our daily life situation that if we do not have it, we are just like incomplete with no money to spend to sustain our daily life expenses. Cryptocurrency must be an innovation of the real money and not a role for the disappearance of real money in the real world so I bet, cryptocurrency will not make real money disappear. true, Digital currency is one form of real money innovation. As we know in ancient times when people can only trade with the goods exchange system, it is very difficult for everyone who does the barter system to use goods because not necessarily the goods that are exchanged can be the same value. Therefore the creation of a currency to facilitate the various transactions that can be felt up to now, and the form of digital currency is just the development of advanced technology created to facilitate payment transactions from wherever we are. |
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learner 7
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October 26, 2017, 10:23:17 AM |
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In my opinion, the more opportunities to pay in different ways, the better. In some cases, we need Fiat in others bitcoins.
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Lalafell
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October 26, 2017, 10:30:37 AM |
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What are the chances of living in a world with no actual money ? Our society cannot survive without the fiat because that is what the majority uses. Fiat can produced infinitely by the government to control the national market. But for instance, a world where the technology is advance and globalization has taken over the whole world, it is more practical to use the crypto currencies. However, this world would still be decades or even centuries away from us in the present. |
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dangful
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Decentralized Jet-Stream Encrypted Multi-Media Dev
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October 26, 2017, 10:34:51 AM |
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What are the chances of living in a world with no actual money ? Our society cannot survive without the fiat because that is what the majority uses. Fiat can produced infinitely by the government to control the national market. But for instance, a world where the technology is advance and globalization has taken over the whole world, it is more practical to use the crypto currencies. However, this world would still be decades or even centuries away from us in the present. Yes, the world cannot fully adapt blockchain technology due to many reasons. But the most important is the Bitcoin will offer more than local cash can do. although local currency however has a fix value within a period of time unlike Bitcoin that changes everytime like every seconds, hour and day. For me, Bitcoin has nothing to do with fiat but it only offer other ways to usage espcially international markets. |
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kutongcoin
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October 26, 2017, 11:31:44 AM |
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Every single person use money every second/minute/hours.It is going to be impossible to make real money disappear and also i think it cannot replace money because government will not hold anything that they cannot control.
We cannot tell what will happen in the future.
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crustez00
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October 26, 2017, 11:54:53 AM |
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i don't think so, because in each of region have different regulations. to blend all regulations to one is nearly impossible(?) and yet, not all people are ready to accept cryptocurrency as global currency that beat money  maybe later in the future. That's my opinion. #CMIIW |
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katiecbell
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October 27, 2017, 10:17:06 AM |
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What are the chances of living in a world with no actual money ? Anything can happen in the future we cannot determine when and how cashless society would happen here in earth but there will come a time that everything would be in line with the technology. But for now cash would still be visible unless the people would all adopt the use of crypto currency. It is right that nothing is impossible in the world to happen but it will be hard for cryptocurrency to overcome on fiat and eliminate it completely because it will take enough time and may be both will survive together just like today. Hopefully a time will come when there a cashless society will exist and mostly people will use cryptocurrencyfor executing their needs in future but across the world it will be difficult for cryptocurrency. |
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sydcrypt
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October 27, 2017, 10:36:01 AM |
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Crypto can replace fiats only when their value is stable and not so volatile. As of now crypto is only an investment not currency.
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xCryptoManiaX
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October 27, 2017, 10:42:32 AM |
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No way. Its never gonna do that. Do you see governments giving their fiat currency for crypto? Hell nah...
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chickenfried12
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October 27, 2017, 10:44:37 AM |
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Everyone can owe each other instantly
maybe it will not give: D is not known but it is easy to do it can not say no
I think People try to get to each other's wallets Bones are comfortable Maybe we do not need the real money Stop the cost of the paper world There's not a lot of oxygen in the trees I think it can be done
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Gabz999
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October 27, 2017, 10:55:53 AM |
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What are the chances of living in a world with no actual money ? Its kinda boring world for me. I think its impossible to happen, cryptocurrency makes money or fiat dissappear. Although its good to hear that crypto currency is a little bit changing the world but there's a history in fiat money so we can't change it. |
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Script3d
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October 27, 2017, 11:02:51 AM |
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its impossible right now because there are alot of people who dont have internet connection most of people who dont have them are poor people and there are still alot of poor people in this world who cant even afford food and bitcoin unstable price made it impossible also government doesnt have control bitcoin they would refuse fiat to be replaced.
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Daveeoff
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October 27, 2017, 11:23:24 AM |
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The chances are zero. This will never happen, fiat will always be on top. After all governments control that.
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Passive Coin
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Passive Coin - low supply coin with backing fund!
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October 27, 2017, 11:27:49 AM |
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No way. Its never gonna do that. Do you see governments giving their fiat currency for crypto? Hell nah...
Bank of England develop seriously the crypto version of Pound. But, I really do not know whether it will parallel currency to fiat Pound, or crypto Pound will replace the existing Pound. Anyway, if govern. do not want to give up fiat, they should do some kind of fiat airdrops, like crypto do ...  |
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Bellator
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October 27, 2017, 11:37:09 AM
Last edit: October 27, 2017, 11:46:19 PM by Bellator |
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its impossible right now because there are alot of people who dont have internet connection most of people who dont have them are poor people and there are still alot of poor people in this world who cant even afford food and bitcoin unstable price made it impossible also government doesnt have control bitcoin they would refuse fiat to be replaced.
Yes It can be happen but,.not at this century because the whole world is not ready for that, this time we can see that every individual in the society has different levels of understanding of what crypto currency is; and how it works. Still it is hard for a government to adopt the system much more on a developing countries that are not yet fully exposed to a digital world, imagine life without real money can a beggar on the street still beg a little amount from the by passer? or a side walk vendor can still sell its little goods? If she can then how about the payment procedure, I think that's a simple question alone makes crypto currency hard to replace the real money. |
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Epaper
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#SWGT PRE-SALE IS LIVE
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October 27, 2017, 11:42:26 AM |
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I think the crypto currency is created to produce fiat currencies. you can trade to convert a crypto currency into a fiat currency. so you can use it for other purposes. unlike fiat money, crypto money can only be used in the internet world or in digital transactions. so crypto money requires fiat money to make money crypto stay active. because not all places receive crypto money
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drwhobox
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- hello doctor who box
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October 27, 2017, 11:43:07 AM |
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What are the chances of living in a world with no actual money ? The chances of cyptocurrency would make fiat nothing is 1 out of 100000000 chances. Fiat is the thing why Bitcoin and other cryptocurrencies are rising and falling. Without fiat they would be nothing. But, they can team up with fiat and goverments and make the usage of crypto more wider. |
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poplolnman
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October 27, 2017, 11:49:48 AM |
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What are the chances of living in a world with no actual money ? Our society cannot survive without the fiat because that is what the majority uses. Fiat can produced infinitely by the government to control the national market. But for instance, a world where the technology is advance and globalization has taken over the whole world, it is more practical to use the crypto currencies. However, this world would still be decades or even centuries away from us in the present. Yes, the world cannot fully adapt blockchain technology due to many reasons. But the most important is the Bitcoin will offer more than local cash can do. although local currency however has a fix value within a period of time unlike Bitcoin that changes everytime like every seconds, hour and day. For me, Bitcoin has nothing to do with fiat but it only offer other ways to usage espcially international markets. always be a big problem when it comes to daily usage , since a currency should be used in daily basis and bitcoin struggle to make it happen. even recently people consider bitcoin as a digital asset to put the money for future investment , rather than to use it frequently for daily needs. fiat will never disappear , it will be like that exist alosngside bitcoin. |
I'm in 400,000 euros debt , dont help me , i rather die
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THAHIRHAJI
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October 27, 2017, 11:57:40 AM |
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It is impossible to make real money to disappear by cryptocurrency and also it is not required to replace. If you really want to disappear real money all countries has to be connected with internet first that also to have cryptocurrency to be used by everyone in the world doing such thing we can drastically reduce the usage of real money not disappear completely. Each and every country has their own real money they are having their own values according to their economy so non of the country will loose their value of their own currencies and they will sure protect it.
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