Cryptocurrency

[edisystem]

It's possible to happen but not now. We need more time and wait until people start realise the benefit of using bitcoin. Once bitcoin become popular, people around the world will use bitcoin and when it happens maybe we can see bitcoin as a currency and has a physical money on bitcoin.

[semtothemoon]

I think it is impossible for cryptocurrency to become a legal tender in the world. How can a country be willing to let the coinage power be handed over, besides, dont forget cryptocurrency is uncontrolled, people hate the thing they cant control. If there is only one country on the earth, then it is a little bit possibility, but this is not the case.

[escalante28]

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

There is a big chance. If you observe the movement of crypto now you'll find out that most of the countries are studying how they are going to adopt crypto. Let us hope that cryptocurrencies will be use globally. Maybe it's time for the crypto communities to develop more options to reduce the transaction fee when sending payment so that everyone can afford crypto.

[acsaocham22]

Cryptocurrency can become an official currency and electronic money will be the optimal choice for global exchanges. Most national governments pay great attention to Cryptocurrency, the future development of Cryptocurrency will be very good.

[Mariahenry86]

Of course, with the current strong growth trend of Cryptocurrency, in the future, Cryptocurrency will become a popular means of exchange. Small business transactions, life services, payments all use Cryptocurrency instead of traditional currency.

[Marierobinson16]

Crypto currency can never replace government currency in a country, but this can be used as a means of payment that does not have to use cash.

[peacefulpeace]

Absolutely yes is the answer, cryptocurrncy is gradually been adopted globally, i dont mean that crypto currency will replace fiat money, that may not be feasible, but cryptocurrency will definately be a means of cashless transactions globally. though for now, the only digital currency thats gaining prominence is bitcoin, which means all other currencies will first be converted to bitcoin before been used and accepted as a means of transactions

[ajoygb]

A cryptocurrency (or crypto currency) is digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. A cryptocurrency is a digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature.

[BartS]

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

It can become global but it is not going to become universal I think that in the future we are going to see many different payment options, we are still going to have fiat since some people are not going to learn their lesson but I think that gold will be used in the future as well and cryptocurrencies are going to be used in the future as well especially in large transactions and when it comes to moving money across borders since no bank or government can block those type of transactions.

[yousef1991]

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[MNDan]

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

This will be great for us but I was saying that the cryptocurrency and also the user surveys are still not ready for that to happen in all the world, we will just destroy everything in case if it will take place right now.

[jake zyrus]

I dont think so , cause now there are some people who do not know how to process it and for the people who are lack of knowledge about it so i dont think it will happen.

Yes not all people are known about in cryptocurrency especially in rural area or some area are not civilized and no internet they didn't know about in cryptocurrency. People there are lack of knowledge about in cryptocurrency. Yes you are right we don't think if it happens.

[greg0rioo]

Cryptocurrency is a digital currency where transactions can be done in a network (online).
Unlike printed paper currencies, cryptocurrency is designed by solving mathematical problems based on cryptography.

[Zurbuchen]

Yes, i think in someways. But there are things that needs to be done first before it became universal means of exchange. For example, netizen who are not yet familiar with cryptocurrency. We need to make everyone well informed and knowledgable about cryptocurrency so that  they will be aware of the new payment method.

[popolite11]

Cryptocurrency now is very popular , indeed some of the establishment are now adopting cryptos, some of the countries are now accepting and even making it legit to use in their country, but some are not accepting it, cryptocurrency is digital kind of currency which was develop for anonimity of the owner of that cryptos .

Yes, bro. And I am sure that its popularity will be only growing with time. My imagination (and rational mind as well) prompt me that the cryptocurrency will be used everywhere soon.

[KocaEfe]

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

I would say differently what you are talking about. This is called an asset that can be purchased for Fiat money and can be stored for our future time with you. As a means of payment, then here comes another coin bitcoin cash. And the Commission is small and the speed of transfers is high.

[ordeath]

Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

It feels more daily that Bitcoin is going to fail in near future and we all gonna return to our previous work places where everybody was making fun of us, saying that those were the Interiors of cryptocurrency, what a fools.

[Kokakolla]

Maybe it will takes time, it needs a solid system that can protect from misconduct behaviour, but if we see currency in exchange system is actually based on trust between two parties, cryptocurrencies could be the future "money", because trust in fiat money is decided by one party, the bank, but in crypto a lot of "people" decide wether your account is legit or not, and i think that would be the main concept in the future.

[cxmyifan16]

I think that it is possible, why not? but time is needed for this! I am sure that crypto will be used successfully as the general means and all of us will benefit from this. To my mind, this is obvious that potential is great

[Sandra_Skelley]

In some months, the market will rise again and the bitcoins will be high again. It is a good strategy to buy when products are losing their value. This is what is happening to cryptos now. I believe that in the future they will be very important. Now, some people are afraid to invest in virtual money. It is totally normal because they do not know what will happen to the cryptos. However, I am sure that virtual money will change our society. The internet and social networks changed our lives. The next major change to happen in our generation is virtual money. Our society will be even better and wealthier with cryptocurrency.