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Author Topic: Cryptocurrency Will Kill Cash ? Is this True  (Read 4430 times)
dzelenyanskiy
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September 04, 2018, 10:55:06 AM
 #761

I met on the Internet the view that within 5 years price биткoинa взлeтит to 50000 $, price of bitcoon cash fall up to 280 $, will also be нeвocтpeбoвaн ripple, price of which will be at the level of 0.01 $. Personally, I also think that bitcoin cash has no future!
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margaret22
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September 04, 2018, 11:11:09 AM
 #762

I think it is a little bit different topic, than credit card taking the role of cash, as these cards are based on cash, while crypto can be considered as another currency. Will not happen in the near future I guess.

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September 04, 2018, 12:25:55 PM
 #763

That is a possibility. In fact, have you heard that China is cashless now? Majority of the population there does not have bank accounts but almost everyone has mobile phones hence it's a lot more convenient for them to use digital currencies. Globally though, it may still take a while before cash is totally killed for the same reasons you have already stated.
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September 04, 2018, 01:27:34 PM
 #764

This is the essential issue, socially increasingly civilized and progressive. The transaction and payment are not only narrow in 1 but as many countries; It is very necessary to have a fast, transparent currency. Perhaps, electronic money will replace cash in the near future
Andrey995
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September 04, 2018, 01:30:10 PM
 #765

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 cash will never die. This is a good way to store capital. Even if some States give up cash in the future, there will still be individual groups of people who will use cash. Basically of course it will be connected with illegal business.

I don't think either that cash will dissapiere some day. Of course crypto is very popular but money is money))

BitcoinGuru123
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September 04, 2018, 01:32:16 PM
 #766

Cash usage 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. My opinion though.
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September 04, 2018, 01:57:09 PM
 #767

We are far from building a crypto world, there have to be knowledge and a lot of practice before any of the actual currencies win the overall contest.
jayendo
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September 04, 2018, 06:34:29 PM
 #768

I am almost sure that the cryptocurrency is capable of replacing the usual money. But while that is not always possible to pay by credit card, what to speak about cryptocurrency
curly228
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September 04, 2018, 07:55:19 PM
 #769

Maybe, why not, now everything is developing in the direction of crypto deneng, so most likely in 15-20 years and there will be no cache

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September 04, 2018, 08:19:54 PM
 #770

it can take a longer time than we thought people would get used to crypto money technology. especially older people will have difficulty.
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September 04, 2018, 08:20:38 PM
 #771

money is always looking for a more convenient form, perhaps a crypto currency and will become a new kind of money, but it will not be as soon as we want
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September 04, 2018, 08:32:05 PM
 #772

That's not true.Cash will always exist .Even now, when plastic cards are very convenient, the cache is still used more often in our world.
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September 04, 2018, 08:32:19 PM
 #773

Cash has been killed for a very long time. Credit cards and digitized payment systems have sounded the death knell for the use of cash. The rival currency for cryptocurrencies is the digitized fiat currency rather than the cash money.
erox
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September 04, 2018, 08:34:13 PM
 #774

I think money is really not easy to kill, but cryptocurrencies will do it. As well as at the time the cash  have killed the coins as the coins killed the natural exchange, etc.....

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September 04, 2018, 08:43:31 PM
 #775

Cash can't be followed by government or banks like with electronic currencies. So cash will be used for the gray or black market all the time. Crypto can compensate cash and it can be easily transferred, cash can't be so usable...

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September 05, 2018, 08:20:41 AM
 #776

I suspect that the cryptocurrency is being introduced to get rid of fiat money. There will be no anonymity is likely to be all wallets will be identified and tied to people.
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September 05, 2018, 08:23:27 AM
 #777

I don't think we should use the word "kill". If we use "replacement", it might be better. We don't want crypto to kill anything. crypto is the product of the era change. I believe that crypto will definitely replace cash on a certain day.

RGMan
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September 05, 2018, 08:29:01 AM
 #778

Certainly. Cryptocurrency has much more potential. Convenient, fast and decentralized. The question only remains in decentralization - too many are trying to deprive this status. But I hope that the basic principles of the cryptocurrency market will continue in the future.
tomboi
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September 05, 2018, 08:44:55 AM
 #779

Yes, that's all right. Although there were already many people who joined the crypto, not all the world community knew about crypto and also accepted crypto. There are many communities and also governments who disagree with crypto. It takes a very long time if crypto can replace the world cash position.
natumanya
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September 05, 2018, 08:58:12 AM
 #780

This is for sure, and many countries will no longer use cash for the next decade. Cash is a wasteful project and does not require a lot of money for anti-counterfeiting. The future is a world without cash.

I don't think that people will stop paying with cash. I think it will be 50 on 50 I mean cash is convinient also and al ot of depends from country
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