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Author Topic: Cryptocurrency Will Kill Cash ? Is this True  (Read 4431 times)
cryptoking33
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July 03, 2018, 08:23:04 AM
 #421

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 cryptocurrency to kill cash is a  long term arrangement, because more awareness need to created for massive adoption of cryptocurrency globally. When people start using cryptocurrency and enjoying the benefits associated with it, cash will eventually fade away.

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Fresh boy
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July 03, 2018, 08:24:14 AM
 #422

If crypto currency can spread more quicker and develop more, i think with the way it going crypto currency will kill cash and smart people like me and you will prefer buying and selling with the aid of crypto.
jonaire99
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July 03, 2018, 08:28:53 AM
 #423

Today the majority of payments are still dominated by cash, but the use of crypto start lurking and fore may all things can be done without cash.

The technology to use cryptocurrency is not yet widespread and the majority of the people worldwide are still using the cash as their payment method in their daily transactions. When this modern technology for currency transaction reaches the farthest place of every country, the implementation for cashless transactions will start swiftly.

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Mosesayo4450
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July 03, 2018, 08:32:13 AM
 #424

Cryptocurrency will kill cash if it keeps spreading,evolving,and developing,and people like me and you will prefer spending with the aid of crypto.
veekky
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July 03, 2018, 08:35:01 AM
 #425

I don't think that crypto will kill cash,because internet isn't everythere and government won't permit it.
I believe that crypto can replace like 30-50% of digital money,nothing more
Dheo
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July 03, 2018, 08:38:32 AM
 #426

Today the majority of payments are still dominated by cash, but the use of crypto start lurking and fore may all things can be done without cash.

The technology to use cryptocurrency is not yet widespread and the majority of the people worldwide are still using the cash as their payment method in their daily transactions. When this modern technology for currency transaction reaches the farthest place of every country, the implementation for cashless transactions will start swiftly.

No. I don't think this gonna happen. Yes we can use crypto currency but it never kill cash because there still a lot of place that don't have internet, crypto currency need internet and it never use to the place that internet is not reachable  .
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July 03, 2018, 08:39:07 AM
 #427

Do not know, I'll just follow the trend. If later crypto begins to dominate, then I will also use it. Today I have not, because I think all is still not the time.
Cilorku
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July 03, 2018, 08:39:42 AM
 #428

I think we should be right to understand that this cash and crypto is a completely different currency. I think Cryptocurrency is the money of the future, it will be more effective. Crypto can kill money but it may take a long time. Cryptocurrency is now the most popular digital currency.
siap86
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July 04, 2018, 02:36:25 AM
 #429

Cash money will be killed, that's for sure. All things in the future will be done more simply without reducing the value and benefits.
This is the progress of life.
lusiaga
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July 04, 2018, 02:41:54 AM
 #430

Fiat money is a legal currency whose value is derived from government regulation or law but is not supported by physical commodities. Cryptocurrency is a digital currency technology whose value is determined by the buy and sell power of the users of this technology. It is clear that Cryptocurrency has a similarity to the workings of fiat money.

Some countries are also beginning to introduce Cryptocurrency as a new currency who backed by goverments, for example: Russia, India and Estonia. While Dubai has taken a step further. In September last year, Dubai announced it had signed an agreement to launch its own blockchain-based currency known as emCash.
Psalms23
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July 04, 2018, 02:46:19 AM
 #431

Even though most of us fans of cypto are so amazed with it, there is really no hard evidence that this will happen. Cryptocurency has a a lot of its disadvantages when used against cash even as we speak and we can't deny it. Maybe in the future, lots of transactions may adapt crypto but still, cash will still  be there as a backbone for trading.
xcxcxxz52
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July 04, 2018, 03:11:35 AM
 #432

The cryptocurrency will be used in large quantities, but it will not kill cash. It will be further improved, more convenient to integrate into our lives, cash has the advantage of cash, encryption has the advantage of encryption, and their advantages are different. If the Internet dies, will people not live? Still have to rely on cash trading, so it is impossible to be killed,
Just like we have electric lights now, the candles have not disappeared.
thuthi13
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July 04, 2018, 08:08:40 AM
 #433

I don't seems to believe with that fact of cryptocurrency killing the fiat cash, the truth and fact is that after making the whole coins and turning them into profit, you still need to convert it to fiat to be able to spend it probably so you see it won't kill cash, they will make each other stronger
jamecuvier1221
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July 04, 2018, 03:55:37 PM
 #434

More likely, you'll have the two systems working in the same time. Then, who know, somewhere in the futur, when everyone will have a mobile (or a chip under the skin...) then there won't be need of cash anymore.
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July 04, 2018, 04:01:32 PM
 #435

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


of course it would not be easy to get rid of fiat money, even more so in the shortest possible time. will take more than 5 decades in my opinion. Crypto is currently more likely to be a lucrative business than its function as a virtual currency.

trrewqs
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July 04, 2018, 04:11:38 PM
 #436

In this case, I would say that no. If it happens someday that the Crypto currency will replace cash, it will be around 2040-2050, if at all it will be

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ice098
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July 04, 2018, 04:13:11 PM
 #437

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


of course it would not be easy to get rid of fiat money, even more so in the shortest possible time. will take more than 5 decades in my opinion. Crypto is currently more likely to be a lucrative business than its function as a virtual currency.
There's more changes might come when crypto when it used as payment for daily needs of people, even it's good to happen because when doing transaction like paying bills, food and transportation is much easier and faster, but the problem is some people are still dont know how to use crypto and some of them dont understand it. So for me even crypto become popular it cannot kill cash because the cash we used is own by government so once crypto used as payment maybe government will have rights to it.

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July 04, 2018, 04:54:57 PM
 #438

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
Although cryptocurrency has a very sophisticated technology but I am sure that cryptocurrency will not kill the fiat currency. Because all the people in the world still desperately need fiat money in their daily lives and every country will definitely defend its currency to non-existant.

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July 05, 2018, 09:28:47 AM
 #439

I think while people exchange their crypto for money, it is unlikely to replace it Smiley For a crypto currency, it seems to me for a very long time it will be impossible to buy anything for everyday life.

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ahmed04
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July 07, 2018, 03:52:34 PM
 #440

Cryptocurrency don’t kill cash. They will stay a new type of cash. Can you say that Hobo habilis kill homo erectus? No. It’s evolution, no more.
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