barontamago
Newbie
Offline
Activity: 143
Merit: 0
|
|
February 27, 2018, 04:19:07 PM |
|
It is not possible to have no fiat at all because there still many places and people who does not have access to internet like in provinces wherein no signal so they cannot use bitcoin unlike fiat they can use it everywhere no need to access the internet. So we cannot say that crypto can make fiat useless.
|
|
|
|
|
|
|
|
"Bitcoin: mining our own business since 2009" -- Pieter Wuille
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
Kuchiyose
|
|
February 27, 2018, 04:19:45 PM |
|
Developing technology and internet deployments exist every day that will be needed again to use paper, it's all happening virtually, like credit cards for example, who thinks we've used a magnetic card just for the bill payment for the goods or services? Nobody.
It's something that is impossible for you to happen if you think of being able to pay by credit card. But you can feel at this moment and I think Bitcoin will be in use like that.
|
|
|
|
ramgonzales
Jr. Member
Offline
Activity: 162
Merit: 1
|
|
February 27, 2018, 05:06:44 PM |
|
I don't think crypto currencies can make the real money disappear. This real money or fiat are made, controlled and managed by big financial institutions and the country's government. These money are used physically and easily by everyone every single day and is not dependent on internet. Cryptos are great but they cannot replace fiat, they can co-exist though.
|
[ EOT ] FIRST DECENTRALIZED GAME NETWORK [ EOT ]
|
|
|
rainezerr
Full Member
Offline
Activity: 378
Merit: 100
ADAB ADAB ADAB ADAB
|
|
February 27, 2018, 05:12:25 PM |
|
What are the chances of living in a world with no actual money ? There is a huge chance if government will just allow cryptocurrency to flow on the entire nation. Most of the people today are planning to live a cashless country but still the leaders who are governments are still the one who are going to choose if it will be implemented or not so we should just wait for the news.
|
|
|
|
KrisAlex18
|
|
February 27, 2018, 05:17:11 PM |
|
What are the chances of living in a world with no actual money ? Bitcoin and fiat money are somehow helping each other rise to the top I think so there would only be a little chance that bitcoin would sooner make fiat money to disappear. Anything is possible actually and I think bitcoin will sooner dominate fiat money and make it disappear but that is still so far from happening right now. Let us just hope that the two would get along together.
|
|
|
|
Kanda Yu
Member
Offline
Activity: 315
Merit: 15
|
|
February 27, 2018, 05:21:19 PM |
|
What are the chances of living in a world with no actual money ? It can happen anytime soon but we should still consider that bitcoin would be nothing if it wasn't for fiat money. Bitcoin can start revolutionalizing but still if the governement would disapprove, you should get yourself ready for finding those who are accepting it to buy different things with the use of bitcoin. Our world is still innovating that's why there would be chances that bitcoin would make fiat disappear already.
|
|
|
|
RakknRoll
Member
Offline
Activity: 336
Merit: 10
|
|
February 28, 2018, 06:09:03 PM |
|
No. Because cryptocurrency is not advisable to use for everybody. Cryptocurrency is volatile. Many people will be disappointed if they suffer losses without bringing back it to them. Not everybody know how to play wise on cryptocurrency so it is impossible that real money will disappear becaue of cryptocurrency.
|
|
|
|
brooklynian
Member
Offline
Activity: 392
Merit: 10
|
|
February 28, 2018, 10:00:35 PM |
|
The disappearance of the real money or paper money is a process which has already begun. If may take years and as a matter of fact, it may not all happen during our time but it will surely happen.
|
|
|
|
ace4549
|
|
March 02, 2018, 07:24:58 PM |
|
There is a possibility that it may happens since the bitcoin has a continuous progress in our industry; this can be seen a factor to them to consider as a standard currency in all kinds of transactions.
|
|
|
|
hangar18
|
|
March 03, 2018, 11:52:30 PM |
|
What are the chances of living in a world with no actual money ? It can happen anytime soon but we should still consider that bitcoin would be nothing if it wasn't for fiat money. Bitcoin can start revolutionalizing but still if the governement would disapprove, you should get yourself ready for finding those who are accepting it to buy different things with the use of bitcoin. Our world is still innovating that's why there would be chances that bitcoin would make fiat disappear already. Bitcoin will be disappear if it is useless for the world and the people also accept that truth. But, at least currently, I do not think Bitcoin is useless. It still has a role in the cryptocurrency ecosystem. Like the controller of the cryptocurrency value, it can decide the primary trending on the cryptocurrency market, also included the growth of the cryptocurrency world.
|
|
|
|
Jerzzz
|
|
March 04, 2018, 12:14:51 AM |
|
maybe someday bitcoin and other coin can replace the position of credit card or real money, right now many developer develop programs that you can use you crypto as the payment in offline store( as a visa card) maybe some day it will popular in public and will go international.
|
|
|
|
Lexurdania
Member
Offline
Activity: 840
Merit: 10
|
|
March 04, 2018, 12:24:11 AM |
|
What are the chances of living in a world with no actual money ? Maybe cryptocurrency can take place actual money in the future. We never know what happen in the future, but technology always expanding grow and if tehnology adaptation is good, the chances crypto take place on fiat is open wide
|
|
|
|
Antivoid
|
|
March 04, 2018, 12:47:03 AM |
|
i think it depands on how to definite the real money, if you mean the paper money that can be touched by people, it will surely disappear and not far away, few people use papre money in China now, but if you mean the money that published by the government, i think it will not disappear for the life time and maybe thousands of years
|
|
|
|
russella31
Newbie
Offline
Activity: 126
Merit: 0
|
|
March 04, 2018, 12:49:43 AM |
|
I don't think cryptocurrency will replace fiat money in the near future. Most countries use fiat money and some of them don't know cryptoccurency yet. Maybe the time will come that it would be as popular as fiat money but it won't replace it.
|
|
|
|
J Sykes
Jr. Member
Offline
Activity: 60
Merit: 4
|
|
March 04, 2018, 12:52:48 AM |
|
No but I think it can coexist with state issued crypto. I keep reading about this future and I think it's a possibility
|
|
|
|
#dhabitamartha
Member
Offline
Activity: 673
Merit: 10
|
|
March 04, 2018, 12:53:06 AM |
|
What are the chances of living in a world with no actual money ? I think it's difficult because all the needs and money are needed for the economy and social because money to exchange or barter objects or food so we really need it because money in developed and developing countries is very important and useful.
|
|
|
|
Reez
|
|
March 04, 2018, 01:00:26 AM |
|
Bitcoin can do a lot of things but it remains to be seen if it can eliminate or face out Fiat currency. it might be tough to acheive this because of preferences. the largest population dealing in BTC are young and middle aged people, the old generation would rather stick to paper. there is also no internet connections in some places making it hard to access BTC services
|
|
|
|
rexter
|
|
March 04, 2018, 01:07:51 AM |
|
As far as i know cryptocurrency will not make real fiat currency disappear because fiat currency is useful for so many reason,for me i use into cryptocurrency because i love to earn Bitcoin and Altcoin to make earn fiat currency,we mostly use fiat currency in real world were we existed.
|
|
|
|
Dani33
Member
Offline
Activity: 128
Merit: 10
|
|
March 04, 2018, 01:42:07 AM |
|
I think is unlikely cryptocurrency can make disappear the real money, this will ever more used for online transaction but for the daily life the real money will continue to be used.
|
|
|
|
TheKeyLongThumbI
|
|
March 04, 2018, 02:56:50 AM |
|
No but I'm very confident that real money will be treated as poor man's money and transacting using cryptocurrency will be perceived that you are one of the wealthy individuals.
|
|
|
|
|