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Author Topic: Can cryptocurrency make real money disappear?  (Read 26938 times)
mayidid
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November 10, 2017, 06:12:30 AM
 #941

I don't think that cryptocurrency can remove the real money from our world. We all know that crypto has no physical coin and its came from technology. and this technology is still new and not all of peoples around the world know that cryptocurrency exist. real money is a common needs and use in physical transactions. Not having real fiat can cause disturbance to the economy and businesses.

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mahibul49
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November 10, 2017, 06:19:09 AM
 #942

definately not.bitcoin and fiat is both different.
general people wont use bitcoin properly like fiat.

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November 10, 2017, 06:21:16 AM
 #943

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

There no chance to live without fiat money. I think better virtual and fiat money live together.

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November 10, 2017, 06:25:42 AM
 #944

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

Well, fiat money is given out by financial institutions that are big in size and are backed by the government. They make their earnings by charging fees for transactions and they will do everything to stay competitive. So I don't think that fiat money will be gone completely in the near future.

I believe this so. Government won't permit to happen that paper money will be gone and the replacement is such that they cannot control. I know how difficult for us that our money is depreciating in value and we are longing to change this. Though it is not impossible, but I guess it won't happen soon I think.

Transformbitz
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November 10, 2017, 07:51:45 AM
 #945

I believe in technology and yes it will! because central banks are implementing their own token. but it takes years to be implement but for now we need to enjoy fiat money value.

sucix
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November 10, 2017, 08:27:54 AM
 #946

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

No chance. Fiat money is very important. I think both will survive.

cjinny
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November 10, 2017, 08:41:00 AM
 #947

Of course very small if life without real money, because at this time real money is very important circulation. I see the circulation of real money is still very massive in developing countries and still difficult to apply digital money.

dali_masmoudi
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November 10, 2017, 08:47:37 AM
 #948

Cryptocurrencies is inherited from real currencies but it can not make it disappear because it has a great importance in our life.
For some transactions we need to have physical money and not virtual because it needs to be more secure to avoid hacking, big money transactions can be like a magnent for hacker that is why we try to avoid it.
Also in Bitcoi there is transaction fees and you will wait a lot if you will send money so you will lose time which is something negatif about Bitcoin.
Xenoph0bia
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November 10, 2017, 08:53:14 AM
 #949

What are the chances of living in a world with no actual money ?  Shocked
No I don’t think that bitcoin or any cryptocurrencies will be able to replace money and result in disappearance of money. This is because firstly, money is much more popular than bitcoin or any other cryptocurrencies. Secondly, money has way more users than bitcoin or any other cryptocurrencies. Then money does not require internet for transactions and to run unlike bitcoin and other cryptocurrencies which require a stable internet connection. Then money is a stable form of currency whereas bitcoin or cryptocurrencies are not.

Gloiri
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November 10, 2017, 08:54:52 AM
 #950

I don't think that bitcoin will make real money disappear because its not that stronger than the currency dollar/euro. Bitcoin can rise high because of the support.

Many people will use it, but many people will also use euro and dollars. So its actually hard.
WOW4U
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November 10, 2017, 09:02:15 AM
 #951

No it cannot because crypto currency is on the net we also need something in real life not all of us can use the net mostly the old people cannot use it but maybe in the future when everyone knows about bitcoin it can disappear.
Enyanha
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November 10, 2017, 09:02:58 AM
 #952

Absolutely not now. I do not think that this is possible. At least until such poor regions as Africa have developed enough
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November 10, 2017, 09:20:27 AM
 #953

What are the chances of living in a world with no actual money ?  Shocked
In the future we will pay the costs in smart ways, maybe cash will disappear altcoin replaced it is possible.

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Laya Varghese
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November 10, 2017, 09:57:06 AM
 #954

Though Bitcoin is a very promising commodity, still I think it cannot replace the real money. For one, any government will not hold anything that they cannot control and bitcoin for that matter is an example. It is a decentralized currency, meaning no one has a direct authority over it.

Jannatul Shefa
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November 10, 2017, 10:18:27 AM
 #955

I don't think cryptocurrency make real money disappear.It has been a long time since people dependent on real money.In that sense digital currency is new.
So it won't be easy to make real money disappear.Still many country don't know about cryptocurrency.So cryptocurrency can't make real money disappear.

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November 10, 2017, 03:21:56 PM
 #956

What are the chances of living in a world with no actual money ?  Shocked
In the future we will pay the costs in smart ways, maybe cash will disappear altcoin replaced it is possible.
I don't think that the cash will be going to be replaced by the altcoins because they are not doesn't have a fixed value so it is risky for the people to use it everyday because they can't stick with the fixed value that will become a basis in pricing for the items in stores. Altcoins are also not safe to become the main money in our world because it will attract hackers and a lot of people might lose a lot of money because of the lack of knowledge in securing their wallet.

dns
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November 11, 2017, 12:37:58 AM
 #957

Sure. In the future (soon) day by day step by step the crypto money it goes ahead and many companies issue card what we use (to pay and buy) with crypto moneys.
Check: TenX, PundiX, FuzeX all great solution... so the future is here :-)

Never give up! ;-)
bazdarx8
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November 11, 2017, 12:43:46 AM
 #958

I believe not because in this world there is people that still prefer money more than any cryptocurrency. So there will be a mixture of both real money and cryptocurrency in this world.
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November 11, 2017, 03:50:08 PM
 #959

What are the chances of living in a world with no actual money ?  Shocked
In the future we will pay the costs in smart ways, maybe cash will disappear altcoin replaced it is possible.
I don't think that the cash will be going to be replaced by the altcoins because they are not doesn't have a fixed value so it is risky for the people to use it everyday because they can't stick with the fixed value that will become a basis in pricing for the items in stores. Altcoins are also not safe to become the main money in our world because it will attract hackers and a lot of people might lose a lot of money because of the lack of knowledge in securing their wallet.
Cryptocurrency is one of the dangerous things, it not useful for normal user and those who people do not have knowledge about the digital. Even, my parents are people have knowledge about digital and know how to use PC, but they can not use Bitcoin because the operating principle and how to store it is too hard for them, unlike FIAT or Gold.

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Cinemo
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November 11, 2017, 03:53:29 PM
 #960

What are the chances of living in a world with no actual money ?  Shocked
For now its a no because fiat money is usable than digital but i think in the futute it is yes for me if all people know this so we should to know this even it's early because this bitcoin is our future money im excited. Smiley

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