Can cryptocurrency make real money disappear?

[haster100]

Crypto currency could not make paper money disappear. Even now, there are more people who consider paper money real money. They are not familiar with digital transactions. They do not have a bank account. Even some old people think that only paper money is like real money, which they could feel in their hands. Even in most developed countries, such as the United States, there are paper money.

[Kevondo]

I think the chances for people living in a world without money or some physical form of currency is pretty low to 0% because people have been used to the status quo of actually having something to hold on to for trading, buying stuff, purchasing whatever, and getting services.  Just like the old days, we don't have cash but gold as an actual measure of wealth, is used to get something.  You literally take a piece off gold from let's say a bigger gold piece if you eant to get something or if not gold, precious stones are real and as such, widely used back then too for trading and commerce.  So with bitcoin replacing cash, we may have more means to hse cashless transactions and use bitcoins but it would not really replace cash.

It has no bad effect on fiat or real money because if people are being modern they have invented this new currency for their benefit so they are able to pay now even if they are at home or they are busy doing some job. It is not going to make it disappear very soon but in future it is possible because even now people prefer to use bitcoin and crypto currency to pay for a lot of thing that they were paying with real money.

[A.Chanaka Bandara]

I dont think real money disappear due to cryptocurrency. But in the future cryptocurrency will famous for international transactions and bill payments.
When we shopping, we can use it for payment

[muddychowder]

In the current perspective, there is a low possibility that there wouldn’t be actual money. Although we already have cryptocurrency, this type of money is still not accessible to the masses yet. Establishing that type of scenario will be chaotic for now.

[azguard]

Real money fiat or how anyone want to call it wont disappear any time now, crypto will help in some way to use of paper money be reduced, probably in next 10-15 years from this point. Also dont expect for any crypto to fully replace some currency, they can work together but most banks and government dont like this, cuz they cant control any crypto flow.

[Xenoph0bia]

I think the chances for people living in a world without money or some physical form of currency is pretty low to 0% because people have been used to the status quo of actually having something to hold on to for trading, buying stuff, purchasing whatever, and getting services.  Just like the old days, we don't have cash but gold as an actual measure of wealth, is used to get something.  You literally take a piece off gold from let's say a bigger gold piece if you eant to get something or if not gold, precious stones are real and as such, widely used back then too for trading and commerce.  So with bitcoin replacing cash, we may have more means to hse cashless transactions and use bitcoins but it would not really replace cash.

It has no bad effect on fiat or real money because if people are being modern they have invented this new currency for their benefit so they are able to pay now even if they are at home or they are busy doing some job. It is not going to make it disappear very soon but in future it is possible because even now people prefer to use bitcoin and crypto currency to pay for a lot of thing that they were paying with real money.

No I don't think so that cryptocurrencies can make real money disappear.Cash or Fiat currency is used by all the people of the world.All the transactions are done through the real money.The Fiat currency is stable and is under the control of this Central Bank.To operate the cryptocurrencies we must have an Internet connection and some basic knowledge about it.But this is not possible as there is a large percentage of illiterate and internet connection is not available in every corner of the world.

[Anti-Cen]

Real money is physical gold and silver like we had before the bankers took over and they have also
taken over when it comes to Bitcoins that could never be called money or a currency because the price
would need to be a lot more stable to facilitate the exchange of goods.

The OP is jumping the gun, $$$ signs seems to be blocking his eyes and you can fork BTC to
create inflation like four times this year but this little ploy won't work with metal coins.

I called the bottom on silver at $12.00 a few years ago and it looked like I was wrong
but hopefully the sheep will sell silver to buy BTC and put that little mistake right for me.

Rest assured my nervous friends because I can see $50,000 on BTC so learn to know when to
hold and when to fold without being too greedy like many of you are.

[Lilandra2006]

In my opinion cryptocurrency will replace real money. But first the whole world will come to a calculation by cards. This will not happen for a long time because many people and organizations still make payments only in cash. Many people do not believe in cryptocurrency.

[haster100]

It's impossible. Crypto currency and real money are very important for all of us. Money is needed everywhere, while cryptography can be used, but only in limited areas. We can not use our BTC without the Internet

[mabell943]

No, cryptocurrency or electronic currencies cannot easily banish by any external factors in the world.
There is a process that always follows by the government and I think the cryptocurrency is not illegal and they follow the conformance of the law which serves them as a legal entity.

[OivatoHenrique]

I think the government will not let this happen so as not to lose power over our money.

[jyotianand01]

It is not possible as crypto currencies are accessible to limited persons because these are digital currencies and digitization is not available every where. Crypto currencies can be used through internet only and if internet is not available, crypto currencies are of no use and have no value.

[farwellbit]

It's true that bitcoin  is accepted in some countries but still they are just co-exists with real money.

Paper money does not have any bright future anymore. Paper money will only be used in developing or underdeveloped countries after a score because developed ones are already more towards plastic money but after the invention of crypto currencies, they are even leaving plastic money. Bitcoin and litecoin are already famous crypto currencies and with the passage of time, their common usage will also increase.

[azguard]

It's true that bitcoin  is accepted in some countries but still they are just co-exists with real money.

Paper money does not have any bright future anymore. Paper money will only be used in developing or underdeveloped countries after a score because developed ones are already more towards plastic money but after the invention of crypto currencies, they are even leaving plastic money. Bitcoin and litecoin are already famous crypto currencies and with the passage of time, their common usage will also increase.

Paper money is still in use and some like to have paper money rather then to use card (you said plastic money) or even crypto, some even dont know or they dont want to know what is crypto or how to use any type of card.

So there will always be some sort of use of paper money but eventually with time we will go to use of card more often. Probably main reason for this is that small stores dont have or they dont want to accept card at all.

[mevmike]

as of now i dont think a totally cryptocurrency dependent society is going to arise in the near future.
despite the popularity of cryptocurrency there will still be people who are now going to adopt the use of cryptocurrency.
they are those who do not have access to latest technology or those who simply just doesnt want to use it.

[denzkilim]

It's true that bitcoin  is accepted in some countries but still they are just co-exists with real money.

Paper money does not have any bright future anymore. Paper money will only be used in developing or underdeveloped countries after a score because developed ones are already more towards plastic money but after the invention of crypto currencies, they are even leaving plastic money. Bitcoin and litecoin are already famous crypto currencies and with the passage of time, their common usage will also increase.

Paper money is still in use and some like to have paper money rather then to use card (you said plastic money) or even crypto, some even dont know or they dont want to know what is crypto or how to use any type of card.

So there will always be some sort of use of paper money but eventually with time we will go to use of card more often. Probably main reason for this is that small stores dont have or they dont want to accept card at all.

LMAO even the most developed countries have unfortunate and poor people on their streets, do you guys think that they can afford to have an internet connection and smart phones to use digital assets? Paper money will never be lost and it will be continued to be used as time passes by.

[illusion_ishita]

According to me it could be because as its rate goes up and more people involve into it.. and shown there interest on it. as we use BTC as real money for shopping or any online transaction then why people use real money? as we know people show more interest on new things so its a thing with which we can earn more and more in short time as well as use it without any trouble. so for me its future is very bright. soon people will stop using real money.

[Ronyx]

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

For now the physical money is necessary. Physical money is a tool to facilitate transactions and it is in the legal state, therefore physical money has value. For now, bitcoin has a very high value. but, is bitcoin suitable for micro or even nano transactions? certainly not. So the physical money will always be there.

[kivo2004]

I believe that's the ultimate goal of digital currency and it seems to be working so far

[Ourat]

in my opinion will not replace the original currency, but it can be the toughest rival of the original currency