Crypto VS national currency

[ZAYANDI]

I think that to replace the national currency will not be possible because the national money is the currency of a country. It may be difficult to replace the fiat currency in the eyes of the people.

[Wish 107.5]

Crypto will never replace national currency,it never gonna happen. But there is a chance to replace national currency in to cards like debit and credit cards. In 2023 we will use only cards ,we can make shopping in a card swipe.

I agree with you, there's no way that cryptocurrency will replace national currency. National currencies are using worldwide, it is more trusted than cryptocurrency. Thus, it is better if the two will take place in this world.

[imking]

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.

Yeah, you are right it is so possible to happen the bitcoin can replace the fiat or real money. There is a lot of places don’t acknowledge the bitcoin, and not all person understands the benefits of the bitcoin. Mostly now the government make a step against on the crypto. But time will come bitcoin will become famous, and we can use this alternative form of currency.

[im_not_dazzled]

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.

Yeah, you are right it is so possible to happen the bitcoin can replace the fiat or real money. There is a lot of places don’t acknowledge the bitcoin, and not all person understands the benefits of the bitcoin. Mostly now the government make a step against on the crypto. But time will come bitcoin will become famous, and we can use this alternative form of currency.

Everything has it's own role in this life and Bitcoin , fiats and real money are the same, every single of them has it's own role that can't be replace by others. So don't try to do it is the best way .

[addeqt]

In five years time, I think it is still not possible. But in 10 to 20 years in time, that could be possible. I have my trust on bitcoin but as the current technology is hunting down by the government it could took a long time to earn government endorsement and go signal. Another thing is that, the bitcoin price should be pretty much stable to be beneficial to the payer and the merchant. Imagine if you are the coffee seller and I have just bought a coffee worth five bucks then in a sudden the price goes down and you could just received three or two bucks. You will really got angry by that and could lead to bankruptcy.

[yesyes18]

One thing about the digital world is that, transcendence is gradual but fast. Gradual because we might not be seeing it's impact happening and fast because by the time you'd realize it's been functioning for sometime. We're growing the world digitally and hence I wont be suprised if what you're saying becomes a reality

[Gabb]

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.

Undoubtedly, fiat money will continue to coexist with cryptocurrencies for a long time, because in no way will central banks be willing to give up the power space that control of the national currency of each country means.

However, in order to preserve that power, we could observe some kind of approach of central banks towards the field of cryptocurrencies, but as has been observed in some recent attempts, perhaps those efforts would be directed towards the creation of national cryptocurrencies instead to incorporate existing cryptocurrencies into the financial system.

[infested]

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.

Thats just dump. Do you hear anyone laughing today when using a visa card instead of FIAT?

Do you realize that any crypto funded card like Monaco could be accepted this year without problems not 2023?

[whoisyourking]

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.

Yes it will if you are positive about the rapid development of technology it is possible in the next 10 or 20 years.  But in the third world country that has a low tech and the energy and power has a limit this is not possible. It will take billions of cash to educate and to develop this country to embrace this new kind of technology.

[TheKeyLongThumbI]

It's really possible. At the first couple of years adapting cryptocurrencies, fiat will  stay with it. But as the year goes by,  a cheaper instant wallet will exist where people would feel convenience using crypto that will make all national currencies disappear.

[Punisherx100]

No practically it seems not possible to happen.Not all the people would accept decentralised cryptos as their primary currencies.

Maybe soon? the evolution of money. Haven't you learned about that? We never can tell and when government implement the crypto whether the people like it or not. There's nothing they can do about it.

[Jacata98]

Cryptocurrency has more acceptability than National currency as using Crypto one can  use Cryptocurrency to trade with people from different part of the world while with National currency there is limitations

[yusupjatigumilar]

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.

in my opinion, in the next few years cryptocurrency will replace conventional money, but only in its form, meaning that the country's currency will still exist but will change its shape from the original form of paper and coins will become digital in which we only need a smartphone that connects to the network to make a transaction

[InterFinex_JB]

Although some companies are already using btc as mode of payment, I still don't think cryptocurrency can replace national currency. Cryptocurrencies are decentralized and unregulated, which makes it more difficult to handle than fiat currency.

[Mr.John19]

Now Cryptocurrencies will remain as alternative currencies and can be utilized for any transactions later on. As long there is nation adopt the bitcoin we have an opportunity to decrease the client of the fiat. Decrease just not to replace it because if we say replace there no longer accessible. There is a major diverse about the two. For meanwhile let’s should keep on the contributions on the Cryptocurrencies

[Lexurdania]

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 am still have doubt that cryptocurrency become national currency. Its not pesimistic but i think its more realistic, we know that economic run by banks and central banks must be do not want lose their control on money supply. On bitcoin the can not control the supply and i think its hard to make cryptocurrency became national currency

[purgs08]

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.

maybe yes maybe no. some country are banning crypto currency for reason that bitcoin using for buying drugs, weapons etc..

[InKiTy38]

Comparing currency with crypto money of two currencies but in terms of their value equally as can be exchanged or traded as well as store but in common sense the national currency is known by many and has used the money and crypto money is the opposite

[Dorcolac]

It will happen. What needs to be done before that is that you as a country have to make the infrastructure for that, stabilize the crypto which you are using and turn the people towards crypto.
If you manage to do those three things, you will do it.

[Vamh_s]

I think that all the people of the country wouldn't accept it.