Will crypto replace fiat money?

[thundercrystal]

The war between Bitcoin and cash has already begun. Slowly but surely, the currency is gaining momentum and is becoming more and more familiar and ordinary concept.

I dont really think that crypto has a chance to replace fiat money because many people in this world will still prefer to used cash or fiat money in the future, and even crypto is becaming popular i dont think it will be used by all people in this world .

[royromales]

I think it's fuzzy that it's exchanging fiat money because it's not really money in the voyage of the government is probably a kind of investment because it's not easy to change the fiat money

[MahalQu2612]

Its good and all for cryptocurrency to take over fiat money but its too good. Like all I've said in the past posts like this, this event is most unlikely to happen. The banks and government is such a prominent thing and they want things right at their fingers, making cryptocurrency as fiat currency means that they lose control and hand it over to the public which may be problematic. We need to let the government to do their jobs in governing us and banks for keeping the flow of money, for crypto lets just enjoy its digital use and hope that it can be used aside with fiat currency.

[marcous]

but judging from this law is still impossible since fiat money is still a legitimate currency. maybe the next few years, but it's not easy i guess.

[dupee419]

I like the idea, it is indeed possible to be quite honest with you, I really think that crypto can actually replace fiat in the future, though it is too early to state the fact that fiat will be replaces because as of now fiat is in demand and people use fiat a lot, but since crypto is also gaining the rise of attention I really do think that people will slowly start replacing crypto to fiat but that's just a wild prediction of mine.

[pushups44]

I don't think cryptocurrencies will replace fiat currencies any time soon. Instead, they will coexist and complement one another. There will always be a need for cash, such as during natural disasters when power is out.

[bp124]

Well i don't see that happening in the next 100 years because of how cryptocurrency is complex and requires proper internet connectivity which most of our African countries don't have.

[RokokGudangGaram]

but judging from this law is still impossible since fiat money is still a legitimate currency. maybe the next few years, but it's not easy i guess.

that's true and if I think crypto will never replace the traditional currency (fiat). because the paper currency is a legitimate currency for many countries and the government will also certainly never want if the paper currency is replaced with a digital currency

[setsuna_gray26]

I would like to know if cryptocurrency will replace fiat money in the future,  also if so how long it will likely take.  Also,  I would like to know which coin you think would take over if one will.  (E.G. Dogecoin,  BTG, LTC, XMR)

For me, if cryptocurrency help people for their daily lives then I think it is a good idea to replace the fiat money, cryptocurrency today especially bitcoin is very popular today and I think it is a stepping stone to cryptos.

[Farahtenan]

I would like to know if cryptocurrency will replace fiat money in the future,  also if so how long it will likely take.  Also,  I would like to know which coin you think would take over if one will.  (E.G. Dogecoin,  BTG, LTC, XMR)

I do not think crypto can replace fiat money. Because crypto is just a digital currency and will not be real. It is very unlikely once crypto replaces fiat money. Although the development of crypto is very rapid and the more here all the coin prices get better but I'm sure until whenever crypto will not be able to replace the fiat.

[juiceannabel]

I would like to know if cryptocurrency will replace fiat money in the future,  also if so how long it will likely take.  Also,  I would like to know which coin you think would take over if one will.  (E.G. Dogecoin,  BTG, LTC, XMR)

Yes it could happened someday in the future if cryptocurrency keep used by peoples around the world.
but for now, crypto still cannot fully replace fiat money because the price of crypto still easy to change and not stable enough.

[Phyton76]

I would like to know if cryptocurrency will replace fiat money in the future,  also if so how long it will likely take.  Also,  I would like to know which coin you think would take over if one will.  (E.G. Dogecoin,  BTG, LTC, XMR)

I think not in the near future, bitcoin is still the famous, most popular and most used cryptocurrency and I believe it is still growing and finding its way to the center stage. This century will still be dominated bitcoin. If ever bitocin will be replaced, another rising cryptocurrency is the etherium and I think it will follow the path of bitcoin.

[rudox]

It may not happen within our generation because of the regulations and ban being imposed on cryptocurrency by various countries. These attack is really affecting bitcoin both in price and further adoption by companies and merchants. Crypto replacing fiat money in near future is still very far.

[fulled]

I think no, cryptocurrency will always be an asset in my opinion, but i think its really posibble in near future to fiat money digitalized their form, i think fiat money will be a digital money and using technology like a blockchain soon

[Chopmoney]

Bitcoin for now and nearest future won't be taking over this one. It has not being accepted world wide and as even being banned by some countries. In the next 10years plus, fiat will still be very available, well mostly in the third world countries.

[19Nov16]

Bitcoin for now and nearest future won't be taking over this one. It has not being accepted world wide and as even being banned by some countries. In the next 10years plus, fiat will still be very available, well mostly in the third world countries.

Bitcoin and fiat are of course different things, besides getting banned from different countries things can not be done bitcoin is replace fiat, I think both can complement each other because it has advantages and disadvantages in bitcoin and fiat.

[hastang]

maybe yes! no one knows as of today the replacement of fiat money to crypto currency is far to happen. there are so many issues regarding cryptocurrency that must be address before it can consider as replacement to fiat.. but even that, still cryptocurrency is consider a good form of payment to any transaction people will be made.

[ClaraLuV]

As the world is moving to a digital era more and more Governments are accepting the bitcoins and block chain technology and many Governments have started to explore the bitcoin and block chain technology to implement this block chain technology, may be in the next five to ten years time there are chances for the for the whole world to accept the bitcoin and block chain technology and could even replace fiat currencies to crypto currencies which will be centralized which can be controlled by the Government and Bitcoins will be in the mainstream of financial industry.

[Vika99siombiwi]

I would like to know if cryptocurrency will replace fiat money in the future,  also if so how long it will likely take.  Also,  I would like to know which coin you think would take over if one will.  (E.G. Dogecoin,  BTG, LTC, XMR)

I prefer ETH because ETH fully supports bitcoin so the price can stabilize in the crypto market. Bitcoin can replace the fiat currency and I do not know when it can replace it but it all takes a long process to create a new currency.

[Coinlovertoo]

I dont think crypto currency can replace fiat in future .
Because fiat money uses by everybody. It is the easiest way to transact .
Even you are in the uncivilized country . Unlike crypto cannot  identified by other person who have no idea what crypto is?