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BrBoy
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March 04, 2018, 08:45:02 PM |
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I think that in the future, national currencies will exist in digital form, and cash will become a mere relic of the past..
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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matsusomoto
Member
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Activity: 182
Merit: 10
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March 04, 2018, 08:48:03 PM |
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We are in the digital age where most of the technology are in the digital form,fiat currencies which are centralized would be replaced by cryptocurrencies if and only if those countries would allow it to happen,as far as i can see more and more countries are starting to adopt the blockchain technology,that would be a good sign that these currencies will have a chance to survive in the future.
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Yankae
Jr. Member
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Activity: 72
Merit: 1
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March 04, 2018, 09:05:53 PM |
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Many Say Cryptocurrency Will Kill Fiat Currency and Creating FUD all around the Internet, According to me if this statement is correct then CR.CARD Dr, Card has done this Long back, Cryptocurrency will be used by Smart people in future and many businesses will opt this for fast transaction
How about other people? so it means that bitcoin is for smart people only?.There are people who does not know what cryptocurrency is.There are places that still uses fiat money,that statement IMO has 20% of possibility only.If every countries accross the world accept and use cryptocurrencies as their legal tender then there might be a possibility that it can kill the fiat regime. |
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callmeback
Jr. Member
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Activity: 182
Merit: 2
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March 06, 2018, 05:59:49 PM |
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Maybe in the future there is a posibility that it well happen. Many people will use this digital money and the other people will still use paper money and the digital money will not kill cash the cash will be also used by banks and other financial institutions and this is not a problem. Cryptocurrency are becoming more and more attractive has commodities to invest in instead of leaving the money in the bank. There are still lots of my countrymen who are computer illiterate or does not own gadgets so lets hope for the future.
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webmone
Member
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Activity: 287
Merit: 10
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March 07, 2018, 07:04:13 AM |
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Many Say Cryptocurrency Will Kill Fiat Currency and Creating FUD all around the Internet, According to me if this statement is correct then CR.CARD Dr, Card has done this Long back, Cryptocurrency will be used by Smart people in future and many businesses will opt this for fast transaction
It's not easy to kill cash because still many people don't know and understand cryptocurrency and they will keep using Cash.
Whats your view about this
Cryptocurrency can really let some people using less cash, but it does not mean that it will kill fiat money. The Internet is not available everywhere, and people in most of the countries welcome dollars and Euros. |
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sweerty1
Sr. Member
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Activity: 453
Merit: 251
Presale Starting May 1st
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March 07, 2018, 07:06:57 AM |
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I don't really think it will cash but it will start to replace cash in many digital businesses. There are many altcoin projects targeting this phase and I think it will work with at least %20-25 of coin projects.
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sakokinak
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March 07, 2018, 10:04:36 AM |
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Many Say Cryptocurrency Will Kill Fiat Currency and Creating FUD all around the Internet, According to me if this statement is correct then CR.CARD Dr, Card has done this Long back, Cryptocurrency will be used by Smart people in future and many businesses will opt this for fast transaction
It's not easy to kill cash because still many people don't know and understand cryptocurrency and they will keep using Cash.
Whats your view about this
I do not think that soon cryptocurrencies will replace cash. It's hard to believe. But at the same time it is clear that the cryptocurrencies are spreading more and more. |
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alt-fire
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March 07, 2018, 10:12:15 AM |
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many years ago, paper money killed gold coins))
Someone must defeat the paper !!
I believe that it will be a crypto currency, but it will not be soon
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ReshkiN
Newbie
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Activity: 168
Merit: 0
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March 07, 2018, 10:18:31 AM |
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When people who do not understand cryptocurrency and do not know how to use them will disappear. Then, perhaps, the fiat money will disappear too.
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Drogean
Member
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Activity: 182
Merit: 12
"The future of advertisement intelligence"
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March 07, 2018, 10:19:42 AM |
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I'm not sure that fiat money can be fully replaced by cryptocurrency. But may be we don't need it. If will have possibility to use both - it would be great. In some cases - to pay by cryptocurrency debit card or withdraw fiat using conversion. There are many projects that intend to create debit card for cryptocurrencies. Denaro for example.
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Weider
Full Member
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Activity: 247
Merit: 100
Blockchain will change the world.
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March 07, 2018, 10:23:09 AM |
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Who will use cash in the future? Seriously? Why would they do that?
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jaocoincrypto18
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March 07, 2018, 10:24:41 AM |
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Many Say Cryptocurrency Will Kill Fiat Currency and Creating FUD all around the Internet, According to me if this statement is correct then CR.CARD Dr, Card has done this Long back, Cryptocurrency will be used by Smart people in future and many businesses will opt this for fast transaction
It's not easy to kill cash because still many people don't know and understand cryptocurrency and they will keep using Cash.
Whats your view about this
For me, it is really impossible that Fiat currencies to be supersede by Crypto currencies because yes indeed not all people know how to use Digital currencies transactions especially the poor in which much greater number in a community and also fiat currency is very much convenient to use than Crypto in which even the children and elderly know how to use the paper money. Therefore it is really impossible for the digital currencies to kill fiat currencies. |
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Flamebellow
Member
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Activity: 364
Merit: 19
www.codex.one
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March 07, 2018, 10:55:17 AM |
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It is possible for cryptocurrency to kill cash , but it is not about the nearest future . Crypto must proove that it is stable working , secure , fast and it become extremely popular with people all over the world . I hope someday I will see it happened with my own eyes .
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Melech
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March 07, 2018, 11:15:30 AM |
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No, this will never happen. Even the government can not kill the cash. In one form or another, it exists and will continue to exist. These are different instruments and I can not say that they compete strongly.
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marvtridon
Jr. Member
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Activity: 151
Merit: 3
THE ONE STOP SOLUTION FOR THE CRYPTO WORLD
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March 07, 2018, 11:21:25 AM |
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It may but definitely not in 2020 even. There are some states that don't even have the infrastructure to work on cashless economy yet.
Though cash is creeping out little by little. It's still a long shot before its totally annihilated
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Crumple Cat
Full Member
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Activity: 364
Merit: 138
dApps Development Automation Platform
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March 07, 2018, 11:24:57 AM |
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Now cash can significantly contribute to mass adoption of crypto. There are a lot of cash. Also millions of unbanked people with cash. And dapp like Dether allow to buy crypto for cash, which is very convenient. But of course with time, cash will disappear.
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serjik228
Newbie
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Activity: 210
Merit: 0
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March 07, 2018, 11:27:26 AM |
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Why not? The cryptocurrency has a real value with regard to conventional money.
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serjik228
Newbie
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Activity: 210
Merit: 0
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March 07, 2018, 11:29:24 AM |
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After 5 years of cryptocurrency will change the world and for money to be looked upon as a relic of the past.
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Acguy
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March 07, 2018, 11:29:30 AM |
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No this will never happen, who would want to use something that is volatile to buy things, this is like using your stocks to buy things.
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sudhirratra68
Newbie
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Activity: 89
Merit: 0
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March 07, 2018, 11:52:20 AM |
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Digital currency will never replace money Digital currency will never replace money. It may come close at some point in the future, but the paper money currency we use is still very effective and a reliable method to keep track of money. The digital age may seem to make it easier to use credit cards, but in the end, they still fail us. The paper currency will never make mistakes that credit card companies make today with a loss of information at the hands of hackers and government officials.
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