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Author Topic: Cryptocurrency Will Kill Cash ? Is this True  (Read 4430 times)
Nashorn97
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March 09, 2018, 06:16:02 PM
 #221

We know that there's no way for us to stop blockchain, not even the banks and government can't stop it. Instead of stopping them, they should be riding with them by just regulating it.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Lupus Solitarius
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March 09, 2018, 07:49:38 PM
 #222

Cash will disappear very soon, but I don't think it will replaced by cryptocurrencies.
More likely, we will be forced to use electronic money controlled by government.
It already happen in Sweden.

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March 10, 2018, 04:44:58 AM
 #223

Cryptocurrencies is a digital currency it is now most popular and we can transfer one account to another easily. actually cash and crypto these are completely different currencies. I think that Cryptocurrencies is future money it will be more effective. Crypto may kill cash but it may take long time. i think in the future Cryptocurrencies  will lead all over the world and all financial system. another thing is that Cash will disappear very soon.

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March 10, 2018, 04:56:26 AM
 #224

Money and so will die, most likely even in the near future. The crypt can just be a means for that. In addition, there are many similar projects that can replace money as a primary resource.                  
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March 10, 2018, 04:59:21 AM
 #225

Cryptocurrencies could replace cash or fiat currencies in the future,but it will only be true if most of these countries will fully adopt the cryptocurrencies,and the blockchain technology which would trigger the massive adoption for all the people in the world,and we as early adopters will surely be most of the wealthy people living.
Ponya
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March 10, 2018, 05:06:51 AM
 #226

Will be good if each country will have national cryptocurrency
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March 10, 2018, 05:20:52 AM
 #227

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
no one will kill anyone,since both of this are important to all people,imagine life without cash?what wil be use in times of power shortages?when internet are not available,and when the cryptocurrency experiences dip?do you think it cantand alone?this crypto and fiat will stay forever needed,so theres nothing to kill anyone
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March 10, 2018, 05:25:52 AM
 #228

i have no idea what the bold part means.
but i don't think decentralized cryptocurrencies such as bitcoin can kill the centralized fiat. fiat as we know it may change form and become a cryptocurrency but the "cash" or paper money will always exist and be used the same way that fiat turned into digital form with debit cards, credit cards and internet banking but cash still exists.
I think so.Cryptocurrency will grow continuesly  and supporting each other with cash or paper money.
Under decentralized system and blockchain technology used , they will be more famous in the future , widely used all over the world by many related business or institutions.Crypto may be more known in non cash or electronic transactions while cash transactions will be used mostly at small scale transactions like traditional markets and small business.
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March 10, 2018, 05:31:55 AM
 #229

The world is advancing everybody and everything is becoming more digital, even currency too is becoming digital but the role of cash nothing become eliminated as it will continue to be in use. Cryptos cannot extinct cash as they both serve different functions.

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March 10, 2018, 05:37:45 AM
 #230

Can be true, may be wrong, crypto money very well, but need to have the internet to check and create transactions! Internet does not cover the earth, should need more time and money
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March 10, 2018, 05:45:10 AM
 #231

I have not heard anything about the Zoin project, about anonymity, I think that the best solution would be either Monero or the zCash project, which also proved to be an anonymous currency, but which still leaves traces.
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March 10, 2018, 05:56:05 AM
 #232

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

You are talking about this period of time i am gonna say no because cryptocurrency is just getting started and the fact that there are still some people who doesn't even know anything about it and there are still areas that cannot accessed internet connection then they cannot still kill cash it is for the people even the poor can access cash so how possible that the can kill it know if the poor cannot access the cryptocurrency because they are poor. So if the internet is free maybe yes they can kill cash but it is in the future not now.
hendra12
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March 10, 2018, 06:00:23 AM
 #233

is hard i think if crypto kill cash, why? cash is like people use to do it buy something more easy then we need use crypto. but maybe if payment with internet crypto still the best. but if in the market maybe cash more use full.

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Vandemos
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March 10, 2018, 06:28:14 AM
 #234

is hard i think if crypto kill cash, why? cash is like people use to do it buy something more easy then we need use crypto. but maybe if payment with internet crypto still the best. but if in the market maybe cash more use full.
will probably kill cash currency in the future,
I do not guarantee it too, but times will change that believe it!
mc.craigsvictor
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March 10, 2018, 06:44:27 AM
 #235

I dont think so . both different  dont mix because cryptocurrecny is a digital asset and cash is not a digital . but in future digital coin can defeat cash .
I believe who purchase btc before 2/3 years ago he gain lots of money . you just check the stats of btc hope u know it well
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March 10, 2018, 07:39:18 AM
 #236

This is can be happen but need long times because currently many people does not know what is cryptocurrency and how does it work. Just for example in my village many people dont know what is Bitcoin and how to get and use it, the adoption of crypto still many barrier so very difficult to replace cash with cryptocurrency.

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Brunus
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March 10, 2018, 09:21:53 AM
 #237

To replace cash with electronic money ti's very possible and very simple, but of course you need to educate people, and this will request a lot of time.
Of course, I'm talking about centralized money.
Crypto will remain a parallel market for an elite.

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March 10, 2018, 03:03:43 PM
 #238

By and large, money and so die in the form in which we are accustomed to see them. Internet-banking uprooted the real walking "paper". Cause it's probably true!            
Shadovka
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March 10, 2018, 03:12:53 PM
 #239

At least not in the coming years as currently older generations are not it savvy and they are not used to paying with crypto or apps on phone. Maybe 20 or 30 years later the seniors are replace by the juniors which are more it savvy and most or even all the countries are already using technology payment so there is a bigger market potential for crypto. 

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March 10, 2018, 03:28:31 PM
 #240

That's not to say real danger doesn't exist with new tech since another lesson of economic history is that early adopters face unintended consequences: 40% of the first steamboats exploded and first-generation Lasik patients had to worry about their eyes rupturing. But these issues have always been fixed in subsequent versions and the technology went on to add immense value to the world.
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