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Author Topic: Cryptocurrency Will Kill Cash ? Is this True  (Read 4430 times)
max6575
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July 11, 2018, 01:40:20 PM
 #461

as use of the blockchain server to returns with option as trader to manage of details with decision on applying system of selection, the use of crypto currency to deliver with different option as referring of chance to gains with shifts on spares as exchange with the internet market of crypto finance.

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Mandarava
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July 11, 2018, 01:46:13 PM
 #462

I am confident that the money and crypto currencies will continue to exist together for a very long time. There are a lot of different industries where money is more convenient form of calculations than crypto-currencies.
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July 11, 2018, 01:50:18 PM
 #463

Yes . It will do that in near future. Everyone has a smartphone. So everyone can use coins for daily works. Governments can not control it. It is easy to use and safe.
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July 11, 2018, 01:53:35 PM
 #464

Cryptocurrency will never replace or completely kill cash, as if developed vigorously the cryptocurrency will only replace a small fraction. It helps to pay quickly and conveniently with large amounts of money

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July 11, 2018, 01:56:51 PM
 #465

From todays view, there is no way for crypto to kill cash since most countries aren't accept it as currency. And I think it will be the same in the future because of the fluctuation that crypto has is too high.

In my own opinion, there is a huge chance for cryptocurrency to be a part of the economy of different countries but fiat will never die because there are still people who are not capable of earning cryptocurrency and they are still depending on fiat.

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July 11, 2018, 02:22:23 PM
 #466

I don't think cryptocurrency will kill cash. It is a big impact on the economy that crypto is a part of it where it contributes in an efficient way in technology like paying bills online. Cash, however, is most likely used by people especially those that are non-tech savvy. In today's technology, we can't believe that there are still these people that their places are difficult to reach out so mainly they don't even know what cryptocurrency is.
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July 11, 2018, 02:27:11 PM
 #467

It's not going to be possible for cryptos to kill cash, no matter how much you might have in crypto asset, you still need to convert to some them to fiat to be able to use it, there are some certain things you can't pay with cryptos especially where many people use cryptos less.
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July 11, 2018, 02:28:27 PM
 #468

I believe the cryptocurrency will soon send cash packing and it won't be long before the cryptocurrency will be adopted in all countries through out the word as government heads are now considering going for cryptocurrency as it cost more to print the fiat money but with cryptocurrency we don't need to print money just the blockchain.
Colin Memfis
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July 11, 2018, 02:32:19 PM
 #469

cash will not die before each person and each organization can afford to conduct cryptoplations. a huge part of the world's population is illiterate, how will they understand something in crypto-currencies if they can not really read?
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July 11, 2018, 02:35:29 PM
 #470

I dont think cash will ever die. Cash is the backbone of every enonomy as the central banks control it. No government will accept that cash dies all because of crypto. I dont think we should be thinking about that. we can only hope that many countries legalise the use of crypto along side the fiat.

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July 11, 2018, 02:36:38 PM
 #471

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

 We can't really say that it's true right now, because it's just a predictions that users and investors made. But looking at a big picture right now, I can say that it has a possibility of happening. This prediction is the goal of cryptos, i think. And this will have to occur sometime in the future.

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July 19, 2018, 04:57:58 PM
 #472

In my opinion cryptocurrency will be only for special group of people. Too much people do not know about it and if know, do not trust it. So normal cash will stay with us long time Wink
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July 19, 2018, 05:00:41 PM
Last edit: July 30, 2018, 09:46:32 PM by Iamaslisumit
 #473

Cryptocurrency craze is just started and in my opinion it will not kill cash in near future but it will accept among those people's who know what cryptocurrency is and unfortunately too much people don't know about cryptocurrency so its impossible in near future that crypto will kill cash.
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July 19, 2018, 05:06:01 PM
 #474

I am confident that the money and crypto currencies will continue to exist together for a very long time. There are a lot of different industries where money is more convenient form of calculations than crypto-currencies.

cash will cease to exist for sure. The trend is to carry less and less things with you and more things having digital in your phone. Money will be no different for sure. Digital money means bitcoin in this case Wink
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July 19, 2018, 05:08:27 PM
 #475

That depends on the country I think. Cryptocurrency will kill digital fiat transfers almost certainly. And we have countries like Sweden where cash is virtually completely phased out, so I can see cryptocurrency becoming the main thing there
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July 19, 2018, 05:11:06 PM
 #476

everything can be, because there are projects that are now implementing the blockchain,and use technologies that allow you to pay for things and goods, but what to say if such giants as Amazon and Microsoft, already entered this market

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July 19, 2018, 05:11:39 PM
 #477

Cryptocurrency will definitely render cash useless if we all adopt it's use in commerce and economic activities.  With cryptocurrency,  you don't have to sweat it since you could pay as many vendors at the same time. Interesting aspect of this is you could do it trustless transactions and agreement.

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July 19, 2018, 05:15:52 PM
 #478

I definitely think it's highly possible. But It is a very futuristic situation especially when crypto currency has gone mainstream and attracted institutional investors.
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July 19, 2018, 05:16:15 PM
 #479

I think that is unlikely. In my opinion, the daily currency can not contain "fluctuations". This is different from the USD or Uero. In other words, bitcoin and cryptocurrency will exist in parallel with fiat and apply more to the management and finalization of the next generation economy.
shinchan123
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July 19, 2018, 05:18:24 PM
 #480

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 be used as a medium of exchange same as cash or plastic money. I doubt if it can replace cash in the future, since the government might take time to fully accept and understand the whole concept of cryptocurrency. Maybe in the future, when cryptocurrency is fully accepted in all establishment and stores, people can use crypto instead of cash in daily basic transactions.
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