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Author Topic: Cryptocurrency Will Kill Cash ? Is this True  (Read 4430 times)
andrej.safronov.1990
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September 05, 2018, 08:59:44 AM
 #781

I agree with the author, cryptocurrencies will mostly use businessmen and large companies, to transfer money for other services which have a many projects. But for ordinary people there is nothing to replace ordinary cash, many of them have not heard about bitcoin do not believe that something will cause them to swap dollars for bitcoin.

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September 05, 2018, 09:01:20 AM
 #782

I don't think there will be cryptocurrencies that replace cash in three years, including bitcoin, because all cryptocurrencies are currently used by people for commercial speculation and trading to make money!

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September 05, 2018, 09:07:23 AM
 #783

States will prevent the uncontrolled use of cryptocurrencies.I think States will adapt cryptocurrency to Fiat money and will use them together for full control.
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September 05, 2018, 09:08:53 AM
 #784

As my grandmother says - invest in the Fiat currency bitcoin only those that can afford to lose. I believe my grandmother.
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September 05, 2018, 09:12:50 AM
 #785

I think that in the near future this will not happen exactly. To kill Fiat, it is necessary to destroy the entire world financial system. And now this is unrealistic. This will happen only if all the countries of the world recognize the crypto currency and will use it in everyday life.

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September 05, 2018, 09:14:50 AM
 #786

Most likely, the distribution of crypto-currencies will be hampered by the official regulators of the financial market, because this is the way in which people can transfer money to each other without due supervision on their part. It's risky, but effective.
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September 05, 2018, 09:19:47 AM
 #787

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

the general masses will use crypto-currency in daily basis in the near future.  this will replace physical cash.  i think the governments all around the world will also issue their own cryptocurrency, as these will provide a better alternative than using cash.  but this will happen in the future and cryptocurrency and blockchain technology needs to be improved more and mature more for people to start using them.
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September 05, 2018, 09:21:44 AM
 #788

I think this is possible because now the cashless society is a development trend. I have seen that many countries have begun to try to digitize cash. The cryptocurrency is one of the fastest ways to digitize cash.

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September 05, 2018, 09:24:31 AM
 #789

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
  And this is normal. Bank cards are already used everywhere and the cache is practically not calculated. It's very modern. Only the older generation is difficult to adapt.
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September 05, 2018, 09:24:40 AM
 #790

That issue is undone yet but we have possibilities for mixture of both physical and crypto cash. I mean crypto wont totally kill cash. At least in the near future. Let's see.

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September 05, 2018, 11:15:58 AM
 #791

Cash is easy to use, trusted, and quite user friendly, and people got used to it. Not an easy task to change the way people thinking, especialy the elder generations, so a complete take over will last for a long time.

Ayomiqueen
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September 05, 2018, 11:24:30 AM
 #792

I don't think that is easy to achieve , mainly on cash being killed by cryptocurrency

Cash will forever be and crypto will also do it own part , cash happen to be the main means of exchange even this crypto we talking about need to be buy with cash if you are to join in, and when spending too, u have to use cash as a means of exchange because many will not accept crypto for their business but cash is well recognize by all for now , things might change in future but definitely not to kill cash to the basement.

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September 05, 2018, 06:28:11 PM
 #793

This is insane, Everyone here won't concur that this coin will beat the bitcoin. There's such a large number of data out there which can be believed to be valid yet their not. This coin may be a trick, we don't have a clue, and why this coin will beat the bitcoin this coin can't beat first the ethereum which is second to the most elevated in the marketcap.

Yes, sure - it is difficult to imagine that this will happen ever. The cryptocurrency was invented NOT to fight with fiat. It is just helping the people to make their life easier. The traditional money will live together with the digital money.
pshannon21658
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September 05, 2018, 06:39:03 PM
 #794

I think you are right, because electronic money will never be able to kill cash. Simply because the living standards in countries around the world are different, and electronic money is a high-end currency that can not be used in some underdeveloped countries  Smiley!!!!!
Dancing_Lion
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September 06, 2018, 05:22:03 PM
 #795

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
The probability of this event is quite high. But I do not think that very soon we will see how the cryptocurrency will replace our usual money, most likely only in a couple of months
LianaSie
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September 06, 2018, 06:41:15 PM
 #796

There are many reason, why it would be impossible to happen now, one of the most important is that crypto is not very user friendly yet.

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September 06, 2018, 06:55:26 PM
 #797

There is no more doubt about it, the reality is clear. cryptocurrency is now becoming the best way of transaction, very soon fiat money will be useless permanently. So the statement is right, in less than no time cryptocurrency will the only way of transaction
atariguy
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September 06, 2018, 07:27:55 PM
 #798

Cryptocurrencies are a logical continuation of Fiat money. Remember the evolution of the form of money, how it happened? In place of cash, came plastic cards, and now we are waiting for a larger change. Cryptocurrencies are superior to Fiat money in all respects and it is foolish to deny it. I believe in cryptocurrencies and already use them as a form of payment.
bitivan
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September 06, 2018, 07:29:14 PM
 #799

I think in future it can happen, but i don't think it will happen soon. In my opinion at least 5 or 10 years is required.
a31078
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September 06, 2018, 07:34:03 PM
 #800

Personally, I do not think cryptocurrency will be able to kill cash because cash is very easy to understand and can be easily accessed by the lay man than crypto which involves the use of technology and not everybody can understand or afford this. I believe crypto will dominate it's world and be used by the elite while others will use cash.
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