Can cryptocurrency make real money disappear?

[Dmitriy_crypto]

 I believe  personally that cryptocurrencies wont make FIAT useless, but I think that cryptocurrencies will work hand-in-hand with FIAT money. But eventually if crypto become more usefull, can become the master and all world to use it, every single person. That is how everything will be honestly and no stealing of money.

[Alexnelepa92]

Crypto is an electronic currency and is not considered by banks as money so it cannot replace fiat or make it disappear.

Many governments are extremely concerned about the development of cryptocurrencies such as bitcoin. The main concern is that with these virtual currencies, you can make payments without involving the banks on which most of the economies and government financial models are built. People can wire large sums of money out of control, potentially facilitating tax evasion or money laundering.

[MaskOffFuture]

Living without cash could be something very useful for us. Imagine traveling everywhere you want with the unique crypto coin, bitcoin. It would be awesome

Yeah in some scenario using cryptocurrency in daily living is cool but if we are going to use certain alts or btc that requires transaction fee on every move that would not be practical I think. Imagine buying a 0.50$ candy and you need to pay the 4$ trasaction fee..lol

Indeed, we can not use cryptocurrency on every items we want. And due to the transaction fees and the confirmation time that sometimes takes too long, crypto will not make real money disappear.

Do you mean instant payment with cryptocurrency? Do you know Ripple? It is one of coin can provide the fastest service for global transfer money in cryptocurrency at the moment. I do not know the future, but I predict the government will need to use the technology from this currency to build a new blockchain coin if they want.

Real money or cash money will never disappear because of the coins. They will also surive and they will be the dominating part of the economic model. But coins will gain more momentum and they will expand their shares.

[almuchtara12]

maybe, every crypto has its own function. there are only a few crypto that always exist in the platform to form crypto the other. But, so many people assume that cryptocurrency is a temporary money replacement.

[Kokoy]

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

I think it will be just a small chance or probability that certain thing could happen because people are still into using real money rather than using virtual money in terms of being a cryptocurrency. Even though it is said that cryptocurrencies are much more beneficial compared to real currencies, still people only recognize the existence and importance of real currency for their daily life basis. Also it is quite impossible living in a world with no actual money because although it is a fast access, still risk can be associated on it and many people will totally disagree with the idea of it

[muhdede]

maybe, every crypto has its own function. there are only a few crypto that always exist in the platform to form crypto the other. But, so many people assume that cryptocurrency is a temporary money replacement.

why not, I think it would be more efficient and easier if we use the crypto currency platform to transact and it makes it easier to regulate the state's finances in monitoring the development of its society. I think this is the latest breakthrough in determining our future

[cryptoknight999121]

I think as bitcoin and other currencies progress, fiat will be inflated more and more and the value will go down turning more people towards it.

[jhonnydeep87]

Crypto currency will never make money on paper, paper money can not be lost because it is supported by citizens and controlled by the government. Some people have a belief that online transactions make them anti against hackers. Moreover, not all places have internet connection.

[TomLynch]

Cryptocurrency as substitute to actual money because governments wont just let it happen. Bitcoin and fiat may work well together but bitcoin will not take out fiat completely.

[Trela]

maybe, every crypto has its own function. there are only a few crypto that always exist in the platform to form crypto the other. But, so many people assume that cryptocurrency is a temporary money replacement.

why not, I think it would be more efficient and easier if we use the crypto currency platform to transact and it makes it easier to regulate the state's finances in monitoring the development of its society. I think this is the latest breakthrough in determining our future

Cryptocurrency can be the base for the future of the monetary system. Blockchain technology can helps we create the world without third service, third person when we make deal. All things are transparent with smart contract (Ethereum) and saving much time + fees with Ripple platform . That is my dream world in the future.

[Turk Ace]

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

You should probably do research and use your head before asking things like this. Cryptocurrency is money. Say it with me now. Crypto.... Is.... Money....

[Lucas777]

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

Very simply, I tell you the bread you give me milk, and a friend living nearby shoes or nails. Subsistence farming is called.

[Tiktik]

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

It is not possible that cryptocurrency make real money to disappear. First cryto has no fix amount of value.It would be difficult to buy and sell things when you don't have exact amount of price for the item. Second even though we are in the modern world, the fact that not everybody has a cellphone , computer and good internet connection

[longwintershere]

while there are states, I don't think so. It's possible but it would require the whole system to change which is really unlikely. I'll be happy if the proper crypto adoption will be there for start

[daenarys_stormborn]

of course it can, because the production cost of making real money and coins is quite high compared to digital currency, but this obviously takes a very long time, until this can be realized,

[Carlaa9]

What are the chances of living in a world without actual real money ?

[Carlaa9]

Hi !!
Cryptocurrency as substitute to actual money because governments wont just let it happen.

[moetimas]

in my opinion, real money will never be replaced for now. real money does not require internet access, whereas cryptocurrency needs it. cryptocurrency will be an alternative way of transacting people between the world without borders and without the help of third parties.

[xCryptoManiaX]

Not a chance. Governments wouldn't give up on their FIAT currencies for anything.

[Cryptodjango]

Not a chance. Governments wouldn't give up on their FIAT currencies for anything.

Not if they start their own Cryptocurrency...