Crypto VS national currency

[velereumyos]

I think it could happen if everyone has received money cryptocurrencies as a means of payment.

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[Th3developer]

national banks of some countries, including Britain and Israel, are planning to create their own digital currency. This will be the beginning of a new monetary system, which will combine the advantages of traditional monetary relations and crypto-currency.

[Promickey]

btc can not replace the national currency system. If there is, it will be another currency, issued by the government. Today's crypto currency is just a financial playground, and that's a real look.

[SMD.Shuvo]

It's not impossible. This is not possible in life. It's a fictional word. Bitcoin will not be able to replace the national currency in any way. National currency has not been killed, it is still being used in the world. As long as the national currency remains in the world, the bittakena can not be the national currency.

[kabelpeggek]

it will make no sense for crypto to take over national currency this is because its not every country that is developed and most people in under-developed countries knows little or nothing about technology so how can you expect someone who does not know the technology behind bitcoin or cryptocurrency to start using it? that is impossible. even so many developed countries are yet to be circulated about the existence of crypto. So i will say crpto cannot take the place of national currency.

[Promickey]

Many people all over the world do not use internet. To replace the national currency or local currency by crypto currency Internet use is must. Beside this many people are not even introduced with BTC or crypto.

I agree with you, the future is far away.

[BILGPS]

if we use crypto as for investment tool it is also good like in our country crypto is not legally allowed to use and also transactions is not allowed easily so it is very difficult to use Crypto but still we can maximize our wealth by investing in the crypto and it is very profitable.

[ekeh]

Crypto currency is a digital money that is acceptable across the nation and highly calculated base on US dollars , EUR and highly recommend to any nation, secondly crypto currency is higher than national currency, because we are in new era of digital world.

[BlackRacerX]

I found this expression on the news channel about the crypto currency: "Anyone who will try  to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national  money?
I think that it's possible, but it will take more time.

I would love to see this kind of future. A future wherein it is filled with cryptocurrency and we don't have to depend on fiat money anymore. We might even see a direct replacement for bitcoins when the time comes and when the right inventor comes into play. Many investors might pump up the price as well.

[Harding Young]

Cryptocurrencies use Blockchain and a decentralized ledger. It means that no supervisory authority controls all the actions in the network. This comes at the expanse of all the users. So I believe that cryptocurrency is an asset used as a means of exchanging. It is considered reliable because it’s based on cryptography.

[jemerson1420]

i think the national currency.

[sulec70]

I found this expression on the news channel about the crypto currency: "Anyone who will try  to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national  money?
I think that it's possible, but it will take more time.

Probably, most people expect that crypto and national currency in the related country can take the same function as payment instrument without disturbing but support each other. For several types of economic transactions, crypto might be better than fiat money but at other certain transactions, fiat money is preferred to crypto. We call for regulations to manage or arrange this for better service to people and customers. These should take the same function but might be used with different places and conditions.

[andika2018]

Cryptocurrencies use Blockchain and a decentralized ledger. It means that no supervisory authority controls all the actions in the network. This comes at the expanse of all the users. So I believe that cryptocurrency is an asset used as a means of exchanging. It is considered reliable because it’s based on cryptography.

Cryptocurrency basicly using decentralized system and no one authorities can control the supply, fiat money supply controlled by central banks and i think its hard to make bitcoin as national currency because bitcoin have limited supply and decentralized system

[BIRC]

I found this expression on the news channel about the crypto currency: "Anyone who will try  to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national  money?
I think that it's possible, but it will take more time.

There are already governments of some nations express their concern to issue "digital/cryptocurrency".

Maybe in 2023 people in those countries can use cryptocurrencies issued by governments.

It doesn't mean crypto currency will replace national  money. Maybe national  money will be issued in the form of cryptocurrency.

[coinriver]

Legal currency cannot be replaced arbitrarily.

[riplete]

I think it will be a long time

[tranquangvinh]

I think bitcoin can not replace the national currency in the future because there are still many people who do not know how to use technology equipment such as phones, computers, ...or if they are not careful, they can lose their money by scammers like hackers, ..
In particular, bitcoin is a decentralized currency, the government and banks can not control it. Bitcoin can be popularly  used but it can not replace the national currency.

[mmo4me.2016]

I found this expression on the news channel about the crypto currency: "Anyone who will try  to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national  money?
I think that it's possible, but it will take more time.

2023 is not the year to use digital money worldwide! Digital money will play an important role in currency circulation and commodity exchange! Need more time to digital money to completely replace cash!

[ts sms]

I found this expression on the news channel about the crypto currency: "Anyone who will try  to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national  money?
I think that it's possible, but it will take more time.

The national currency is the currency of a country. People living in the country with the currency of a country are living. The country's central government or the central bank of the country controls the country's own currency. On the other hand, cryptocurrency is all over the world. It is not under any country or government. It is such a multimedia that only those who can control the value of it. The difference between the national currency and the crypto currency is the control power. National Currency controls the government or country's central bank, which is not possible in Crypto Currency.

[bauntyshark]

Many not understand about bitcoin currencies. I think it will take much longer to make it happen.