Zagitta
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May 13, 2018, 01:25:08 PM |
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Cash is still very much needed in places where cryptos cannot be used. A lot of crypto investors believe that cryptos will take over cash but I don't believe in it. They will keep existing side by side like they do now and the people who understand cryptos well enough to do it will use it while others will stick to cash, no harm, no foul. Cryptos are just way to volatile to be used as the main legal tenders everywhere which is why we need cash.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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rossrusian9x
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May 14, 2018, 07:03:00 AM |
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Cash is cash and crypto have values because there has cash. Virtually, crypto damn cares cash but practically you must care about cash. There is how the market goes up and down.
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Trimegistus
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May 14, 2018, 12:34:06 PM |
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How many human beings don't have a computer? Or internet?
How many don't have electricity? Or water?
C'mon guys, crypto is very interesting for the developed countries but for the rest of the world it's nothing but a mirage.
Cash will rule as long as we live in this society. In a distant future, maybe social/economic/political relationships will different and crypto tech might play a role in that change.
But it won't be in our lifetime, that's for sure!
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melvingay34
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May 14, 2018, 12:37:12 PM |
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Highly unlikely imo.
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deglog8
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May 15, 2018, 02:25:29 AM |
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It's not easy to kill Fiat with currency. There are many other mediam Of payment and Crypto coins are another mediam if payment that will be accepted soon by government because of huge public demand.
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imteaz
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May 15, 2018, 02:32:27 AM |
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Not in near but surely can kill cash in 10 years or so. The way technology moving, i think crypto has bright future ahead and could actually replace fiat currency in near future. But it might take 10 to 15 years as people need to get familiar with this currency.
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VikAn80
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May 15, 2018, 02:59:19 AM |
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She has every opportunity to do so. But I think the time has not come yet and will not take long. I think another 2-3 generations and the issue of paper money is finally resolved.
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Mainman08
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May 15, 2018, 03:22:19 AM |
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I think it is not true. Even if cryptocurrency is slowly governing the whole world. I don't think fiat money will be killed. Fiat money will stay for a long time.
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asdkbz55555t
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May 15, 2018, 09:24:38 AM |
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Not at all, cash is now relatively high liquidity, electronic money only exists within a certain framework and we are very limited to put on extensive transactions in life, electronic money does not fit. Some people are blind on technology and computers. So they will be vulnerable to fraud.
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Salesman4coinZ
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May 15, 2018, 09:27:08 AM |
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I think right now its to early to say that cryptocurrencies will kill cash. I think we all know that in future fiat money will more and more disappear. And that there will be some digital currency. But i dont know if it will something be like a cryptocurrency, or if it will be something like we have actually like creditcards or paypal. So this we will see in the next years. But actually i think the most people are afraid of cryptos, and they would prefer some digital currency which is controlled by a bank then a free cryptocurrency.
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megamanexe002
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May 15, 2018, 09:28:22 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
There is a huge chance for cryptocurrency to kill cash because the prices today of bitcoins in the market is keep on growing and if people will just hold their coins for so long then there is no doubt that the price will grow even more in the future. |
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Man21
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May 15, 2018, 09:30:08 AM |
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I belive, that not in a distant future cryptocurrency will kill cash. i think that cryptocurrency still has a short ways to go to be accepted by society
What exact ways? You're giving a weak statements, cryptocurrency will never beat up the fiat currency, maximum it may be accepted in most developed countries just like bank cards I agree that bitcoin or crypto will never beat cash from the payment tool since its being used for long time and also all the market in the world prefer to accept cash rather than crypto. Country develop their own cash so they will not accept if their national money replace by crypto. |
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senopratama
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May 15, 2018, 09:44:46 AM |
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the cash will remain because it became the currency of each country. Crypto will also grow side by side with the currency. Crypto will not be able to shift the cash value of the currency.
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Trimegistus
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May 15, 2018, 11:25:20 AM |
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The main role of crypto technologies will be to even the balance by creating a decentralized system opposed to the current fiat system with it's major banks and institutions.
But crypto will not kill fiat currency, at least not for now.
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kololo
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May 15, 2018, 11:32:16 AM |
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Cash will over one day later, but I don't know if it will be killed by crypto or not. But as the internet growing everyday, I know that it must be killed by digital money.
This kind may be created by cential bank as another kind of fiat or is crypto.
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jakiro.hovard
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May 15, 2018, 11:33:45 AM |
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We are very actively moving in this direction and I think that very soon we will all get to you until the moment when people will still use only crypto-currencies, it will not happen immediately, it will last a long time.
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VapeCoinKeks
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May 15, 2018, 11:34:51 AM |
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There are places where it is more convenient to pay in cash, so you need both cards and money. And cryptocurrency is a speculative tool, not money.
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rxplcgna
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May 15, 2018, 11:36:50 AM |
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The use of cash in the future will be rapidly reduced, but this does not mean that cash can be completely replaced by Cryptocurrency, and we all know that cash is linked to the power of the state, and I think Cryptocurrency will never replace Fiat.
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kristinkamal01
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May 15, 2018, 11:41:59 AM |
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In my opinion, such a phenomenon will not happen soon, as this market is developing very rapidly, but it has not yet become so penetrated into the lives and lives of people, so paper money will remain in circulation.
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TheDarkRide
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May 15, 2018, 11:44:42 AM |
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In my opinion, such a phenomenon will not happen soon, as this market is developing very rapidly, but it has not yet become so penetrated into the lives and lives of people, so paper money will remain in circulation.
I don't think that crypto will kill cash. A lot country won't allow the use of cryptocurrenry as a means of payment so there is no way for crypto to make cash gone. |
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