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Author Topic: Cryptocurrency Will Kill Cash ? Is this True  (Read 4431 times)
kliown
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July 25, 2018, 05:32:38 PM
 #561

I do not think so. Cryptocurrencies will not kill the existing monetary system, but they can become a new full-fledged monetary system that will work as well and effectively as the one we have at the moment.
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July 26, 2018, 02:01:22 AM
 #562

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
It can be true but it takes a lot of time before it happen because not everyone are agree with this. Government don't control cryptocurrency, same with central banks. This will take a long resistance between crypto enthusiast and the government.
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July 26, 2018, 08:37:25 AM
 #563

I doubt very much that in the next few years the cryptocurrency will oust cash from the market. Now there is even no technical possibility for this. Cash is much more convenient and safe to use.

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July 26, 2018, 10:27:45 PM
 #564

I think as long as banks and governments do not approve of crypto, then cash will never be replaced with crypto. there are still many people who do not understand about crypto, so it is not going to be that crypto will replace cash. crypto will always grow but will never be able to replace cash
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July 26, 2018, 10:45:25 PM
 #565

I don't think so because there are things that real cash have for over centuries that crypto don't have. If you are in a remote area where even communication devices won't work, you can't simply buy a food or something to drink because you can't do cryptocurrency during offline.

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July 26, 2018, 10:49:18 PM
 #566

In my opinion it will not happen in the near future. But i have no doubt that cryptocurrencies will be much more popular in 2-3 years.
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July 26, 2018, 10:52:33 PM
 #567

In my opinion crytocurrency is the money of the future that will replace the old system of using cash. It will make it easy for payments and settlement of debt.
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July 26, 2018, 11:00:10 PM
 #568

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
It can be true but it takes a lot of time before it happen because not everyone are agree with this. Government don't control cryptocurrency, same with central banks. This will take a long resistance between crypto enthusiast and the government.

I don't agree with you. First of all cash is already dead. VISA and MasterCard are the ones that moving the money. If you think that crypto will kill the traditional money, this is not going to happen at all, because the power is in the governments and they are connected with the banks.

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July 26, 2018, 11:05:46 PM
 #569

I don't really think that crypto currency would kill cash
It can only serve as a better alternative to it.
So both are interwoven, but not replacing each other
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July 26, 2018, 11:16:04 PM
 #570

cryptocurrency will nt kill cash but cryptocurrency will move most of the fiat money in the form of digital money cryptocurrency is revolutionary system to eliminate cash in the society and transiting digital is main moto
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July 26, 2018, 11:18:14 PM
 #571

well, i think that Fiat would fade away in some some areas. Crypto is still adopted in so many countries not to mention Africa. So if everyone believes in Crypto, Definitely Crypto will rule .
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July 26, 2018, 11:18:24 PM
 #572

Same questions concerning "kill cash" were asked a while ago after such innovations like plastic cards and electronic payment systems appeared.
I'm sure that crypto will take its place in world's financial system and will be integrated into existing payment systems nearest years.

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July 26, 2018, 11:40:09 PM
 #573

I do not agree with the electronic money comments will kill cash. This does not happen in Vietnam. Although electronic money is a valuable currency to meet the needs of the technology era 4.0 was made quickly in favorable transactions companies, corporations. But can not go into use as cash.
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July 27, 2018, 12:44:42 AM
 #574

For a long period of time, fiat money will continue to be exactly the same, perhaps in after many years, it will be possible to switch to a fully cryptocurrency, the authorities will try every way to allow not die fiat money.
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July 27, 2018, 01:31:57 AM
 #575

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 highly doubt that fiat currency will be killed by cryptocurrency, they can exist both in this world and be used at the same time. Most people don't really know what is cryptocurrency. We can assume that it already has the capability to make cash obsolete. It is to early to say that because we are still on the transition stage for cryptocurrency to be accepted worldwide. It may or it may not but don't jump into conclusion, cash is still the best when buying service or goods.

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July 27, 2018, 01:38:38 AM
 #576

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 think it is hard to kill the cash in a short time. In the future, there maybe something that can do the same thing as cash. But cash will not be killed I think.
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July 27, 2018, 01:39:02 AM
 #577

yes it is true because of lack of knowledge many people do not even know if it exists but let's say that money is practical so it will be difficult to substitute in bulk
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July 27, 2018, 11:02:38 AM
 #578

I think that this is quite real, but not in the current conditions, when for example one and the same thing can be bought for one Bitcoin, and two weeks later for 0.1 Bitcoin. Of course I exaggerated, but still the market is extremely volatile, which is the reason why to kill Fiat money with the help of cryptocurrencies in the near future will not work.

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July 27, 2018, 12:15:04 PM
 #579

Agree, although this may take 10-20 years, this is the future trend. In the future, human society will no longer have banknotes, and all the money will become numbers.

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July 27, 2018, 12:16:34 PM
 #580

It sounds awful, of course, because it requires serious changes, but for the most part it's true, because very soon people will understand that ordinary money is much inferior to crypto-currencies.
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