Do you believe that digital currencies will replace Fiat?

[coynedterm]

I know it may not be possible right now, but do you think fiat will be gone in the future?

Here the condition is really cool for the cryptocurrency Because daily lots of people are Entering in this field and also making much earnings .So probably most of the people are looking to accept the cryptocurrency at thier shop and also I know about 3-4 people whonare accepting bitcoin and also another coins for the payment system in Thier shops , so here can understand well that how the bitcoin have impact between the people to have the big Market .
But still in my opinion in the future may be new rules get laucnh for the  use of cryptocurrency and that will results into force for us to use fist currency .
Well here we are in the current time , and we should think that these things remain at thier place because if they will replace fiat then surely many people will.lost Thier job because if cryptocurrency will replace fiat then why the people will buy and sell bitcoin for the fiat .

[btcprospecter]

Ideally I would like to see crypto currency being used in place of fiat. As is I rarely use real money for purchases and mainly use debit or credit cards. For crypto to be used there would have to be some sort or regulations in place.

[MinMan]

The fiat that we use at present might get digital form, but the fiat still continues its usage. Such a replacing of fiat with digital currencies or bitcoin won't take place. At present the digital currency usage is around two percentage and the rest is happening through fiat and digital transactions using fiat.

Both have their own importance, the two cannot be compared, it is unjust to say at the moment that bitcoin is leading the paper money because on internet bitcoin is used but in our daily life paper money is used for buying and selling. People get more benefit from bitcoin but still there are people who do not believe in bitcoin. So both are good in their own way

[Opquar]

It can't replace fiat money. It will be hard for all of us if our world turned into a cashless society. Not all of us are capable of using the internet, let alone that they don't have gadgets to use and are now really aware of bitcoin. We've been using fiat money for centuries so it should not be replaced by digital currencies. Also, the government will not let this happen, they don't have control over this one so they do anything to prevent this.

This. Digital currencies and fiat can coexist, contrary to popular opinion.

[supandi wiharja]

I'm really not sure, because i think it's impossible.
If that happens, this will obviously be the controversy of many people in this world.
The government will think twice if it happens, because it needs consideration and agreement from various countries who want to receive, digital currency in his country.
I think it's just a dream, because it's not easy for the government to change their fiat money into a digital currency as bitcoin.

[Tipsters]

No, that will never happen. In order to use bitcoin or the other coins, you need first to have an internet connection. Using digital currencies will be impossible without an internet connection. Not all people have an internet connection. Currencies and digital currencies have their own characteristics and advantages so it is better if we will use both of them together.

[noorammak]

in the future where eveything needs to be light fast and convinient, our world surely will need a currency that can be used by whole world, by that reason digital currencies are good candidates to replace old fiat money. but this will not happen now but may be in a very long future.

[Pakboy]

No. It is obvious that it will not happen. The adaptation of the digital currency will be a hard for all of citizens in our society. People are still prefer to use fiat currency than digital currency.

[duyduc256]

I'm really not sure, because i think it's impossible.
If that happens, this will obviously be the controversy of many people in this world.
The government will think twice if it happens, because it needs consideration and agreement from various countries who want to receive, digital currency in his country.
I think it's just a dream, because it's not easy for the government to change their fiat money into a digital currency as bitcoin.

Yup. The government will never accept Bitcoin because if everyone uses Bitcoin it is likely that corruption will worsen and may lead to the demise of the country. I think Bitcoin should be an asset and Bitcoin should not be considered a common currency

[fusepay]

Believe? Yes, it's already happening, some countries that are 'unbanked' have used tokens of some sort for a very long while, now we are changing to digital assets, it will only be a matter of time before we all totally transition.. I mean, forging coins and printing polymer and plastic notes is a waste of resources if, if anyone gives a shit about the environment in which we live, anymore.

[DevilSlayer]

I know it may not be possible right now, but do you think fiat will be gone in the future?

Maybe, Many people are now accepting bitcoin and many people are also saying that the bitcoin is an asset. There is a possibility that the cryptocurrency will replace fiat. Many leaders also are thinking about cashless society. Maybe it will happen in the future.

[dificanovi]

Maybe, not impossible but will take a lot of time i guess, there are a lot of people who has less knowledge in technologies, once their generations passed, blockchain tech will soon be known by the world and that time fiat may be out-valued by cryptos.

I also agree with you, bitcoin will replace fiat money, but not now it happens. takes a long time to make bitcoin as a currency around the world.

[Amilhussin24]

Although bitcoin is a great way to earn btc to cash.. it will not replace Fiat, as of now for me im still using Fiat. Well I  dont know what others used for a living. And there are also more opportunities for a job in a government and uses fiat money.

[kendra1107]

I know it may not be possible right now, but do you think fiat will be gone in the future?

I don’t really see this happening...Fiat has been circulating in the trading system for centuries. So it is unlikely that digital currencies would be able to oust fiat. If ever fiat was to be phased-out, digital currencies would have very little contribution to that effect.

[assyla]

I know it may not be possible right now, but do you think fiat will be gone in the future?

Not at all, bitcoin is usually use in Virtual world to buy online products with the help of Internet. But fiat can use to buy little products and it doesnt need Internet at all.

[Kloug]

-IMHO- what's the easiest to pay today online?

Bank transfer? Slow or pricey, cumbersome. VISA? pricey, cumbersome, risky.

PAYPAL. There, you have a middleman who makes things safe for you (for a fee of course), that can already be fed from your bank account or your VISA, can be easily updated to support any crypto.

This is why it doesn't matter (except for those who don't wanna declare their earnings) how long it takes for a transfer to be processed.
Would you really sell something through ebay to a guy paying in Bitcoins? You have zero safety, that's what Paypal is for.
If you hide your money, then yes transfer times & costs matter. But if you prefer your money to have your name on it, you want insurance & safety, you won't pay directly in BTC.

As for buying your daily bread, here too there are middlemen which you credit in larger chunks, who will allow you to pay little things instantly.
I think of these middlemen as hardware drivers, it doesn't really matter which source they feed from, and it can be anything.

[Pinoyfan]

I know it may not be possible right now, but do you think fiat will be gone in the future?

The cryptocurrency is more advantage than fiat money or real money because this crypto is so fast to transact no need to use bank just need a wallet only so after 5 years i'm sure that bitcoin and crypto replace the fiat.

[benalexis12]

I know it may not be possible right now, but do you think fiat will be gone in the future?

Yes I still believe that bitcoin will replace fiat very soon. Just like what happened to post office industry that turn out to email. This is very possible in the near future believe me it will going to happen. Promise!!

[Cinemo]

I know it may not be possible right now, but do you think fiat will be gone in the future?

Ofcourse  yes if govermenrs approve this but for now many goverments hate this we all know that digital currency is much faster than fiat this is peer to peer and no feees.

[d1ceplayer]

I don't think that will happen, even now I heard that the government already throwing accusations about bitcoin so I doubt that it will replace fiat. If they work on replacing fiat to bitcoin I know for sure that it will be hard to do.

Obviously it is not possible at all to replace the physical money completely with Bitcoins. This is because the use of Bitcoins is not supported equally throughout the whole world .As per the underdeveloped countries are concerned the people there even now do not favor the use of digital currency  due to lack of basic amenities.
 
Therefore all I can say is that the uses of bitcoins can increase to greater level as per present but it is impossible thing for the virtual currency to completely take over the financial market.