Can cryptocurrency make real money disappear?

[Naoko]

real money can ever give way to electronic money managed by the government, but bitkoin can never supersede them. The state can't exist with an unmanageable economy. I think that this will always exist in parallel with the state financial system

[congtuan001122asd]

I think cryptocurrency can not make real money disappear. Although cryptocurrency has many benefits but in many countries it is unacceptable.For transactions, real money is still more secure than cryptocurrency.

[googs84]

When first cryptocurrency was introduced in 2009, it was expected that the crypto will make real money disappear. But nothing happened. Cryptocurrencies are still struggling for their existence. There are more than 1000 cryptocurrencies operating but among them only few are popular. Bitcoin a 55% contributor in cryptomarket is still not popular as a currency. Instead people are using it as a good tool of investment. That is why bitcoins price is rising day by day and is going out of reach of common people. Secondly these decentralised cryptocurrencies need some infrastructure to operate, which is not possible in every country or in every part of that country. Fiat currencies are backed by governments and are the easiest way to complete a transaction. Due to these reasons paper money is still popular as currency.

[BTC AND ETH]

Yes.

[adamcro]

It will happen only if governments decide like that. After all you live in a country and that country decides what's legal and what's not

[real_links]

This is a tough one, well its possible that fiat currency can disappear.

[real_links]

But if real money was to disappear. how will the less privileged that cant afford gadgets cope?  and few others limitations are involved. But if they can overcome all limitations then its 100% sure

[DamnationKiss]

No definitly not cryptocurrency is definitely an apllication or perhaps an simple eonic program you can use in mobile or pc also all measures on the cryptocurrencies are covered by true money and not digital money with no value it is compensated by different entrance to pay that existance and provide some accurate money involved in the scenario to come true thay is why true money cannot replce it since it is an state money no one even goverment cant but still bitcoin is decentralized alsortlec

[s31joemhar]

If the company and management of bitcoin excute excellent performance in the public market, there is a chance that they can replace the cash-based system in the whole world; which is a big help for the entire society.

[carefumles]

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

Yes, in future real money (Paper money ) will end because our life will be virtual life so we will need virtual money .

for next 10 Years it is hard to say Yes Because cash have more power than bitcoin.

[12popi123]

sooner or later there gonna be a shift to virtual money, the question is how goverments decide about it

[nextraider]

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

I find this difficult to happen. cash has long existed and can be said to be indispensable in our lives. On the other hand, crypto is just virtual currency based on algorithms and I think we can not use it in all daily transactions.

[jennywhzz]

But if real money was to disappear. how will the less privileged that cant afford gadgets cope?  and few others limitations are involved. But if they can overcome all limitations then its 100% sure

Crypto currency has a lot of limitations still like lot of time in confirmations and depended on internet availability etc. If these hurdles are removed or acted upon, then you can of course see bitcoin as a main stream currency. Till then we have to dealt with both fiat and Bitcoins. I think it will give a healthy competition.

[szpalata]

But if real money was to disappear. how will the less privileged that cant afford gadgets cope?  and few others limitations are involved. But if they can overcome all limitations then its 100% sure

Crypto currency has a lot of limitations still like lot of time in confirmations and depended on internet availability etc. If these hurdles are removed or acted upon, then you can of course see bitcoin as a main stream currency. Till then we have to dealt with both fiat and Bitcoins. I think it will give a healthy competition.

That is very true, we have to let the healthy competition that exist between fiats and bitcoin bring out the best in both  for us  to be the beneficiaries. I still think they can both coexist and make our world  and our finances better than trying to make one oust the other.

[Cryptokingind]

No, it is not possible at present. Because crypto currency is not familiar for everyone.it have some basic requirements like acess of internet is mandatory or everyone have blockchain acess.Most of people not aware about crypto currency.

[invincible49]

I don't think that is possible even all the governments issue cryptocurrency to be one of state's currency beside paper money. But there's a great possibility of both type of these currencies to be more involved in our lives in same way.

[dsouzac72]

I don't think that cryptocurrency can replace real money. My country does not accept cryptocurrency as a means of payment. This may be the situation in some other countries. There are also a number of countries who accept cryptocurreny in form of payment but is at very limited place. Many people are unaware about cryptocurrency and some people just don't want to use it.

[yoseph]

Yes.

Nope, there are a lot of countries where they haven't even heard about bitcoins and other cryptocurrencies in the first place,  if that's indeed the case,  I wonder how it will be able to replace real money and for that to take place , governments would have to agree and there is no way they will allow anything that they will not be able to control.

[rinny]

Most of the people will use their country currency they don't beleive in virtual currency we know that its a good cryptocurrency but still offline people do not trust on these they all want safer money with less fluctuation on the other hand we know that Bitcoin has big potential to move up.

[sirkings0003]

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

I don't think it will happen, there will be drastic difference but, fiat currency will not disappear totally