Crypto VS national currency

[privedvelosiped]

Why are we surprised? That is exactly what my friends will be. Amazon will soon accept payment by bitcoin or other cryptocurrencies. Starbucks, Samsung and many other well-known company in the commodity business are ready to move to the crypto economy and recognize cryptocurrencies as legitimate, but until the state authorities adopt laws, - This topic will be open. Personally, I Believe that in 1-2 years the world will change and people will understand that blockchain is our future

[thegreatdodoy]

We should not compare cryptocurrency and national currency because these two have different functions but still useful in this world. National currency is for daily use whir cryptocurrency is good for long term investment.

Both currency a really different but i like them both its because they are very useful in different ways just like cryptocurrency that we can earn as much as we can depending on our capital once the market will pump.

[South Park]

It just like having the idea of comparing cashless society and fiat money. I think cryptocurrencies can replace fiat money if only the former is very user friendly (especially for the IT illiterate, the beggars, the oldies) where everyone can use seamlessly. Another is that cryptocurrencies can not be used when you are not connected in the internet and even techies can do nothing about it.

Bitcoin is already very easy to use, even if the addresses may seem complicated the only thing you need to do is to copy and paste the address to send or to receive funds and that is it, it is a good practice to check if the address is correct but that is something you should do with debit card numbers already, the real problem is that we need to have access to the Internet to use cryptocurrencies and that is a big advantage cash has over all other forms of digital money.

[simaislam]

I think,crypto will not be able to replace the national currency, because the national currency is still to be used, as a system of exchanges for each country, therefore we can assess how strong the economy is in the country .. for all the scoring, every country has a crypto currency that is oriented to bitcoin.

[MartinAK]

I personally believe that having better dreams and pursuing them with perseverance and determination can only grant success and victory. We all know the journey of cryptocurrency has not been easy but with time its gradually integrating and gaining trust to the extent of some nations creating their own cryptocurrency is a very good sign of progress. I believe nothing is impossible but with the fact of cryptocurrency replacing national currency will really take a lot of time to make this a reality.

[Blackwhite69]

Well..we never knows! it might happen that in the near future bitcoin will become the world currency and we can use it when buying things in the mall, or even when we transact our bills and went ot vacation to other country, even when buying coffee in the famous restaurant if they accept bitcoin. In today's technology its possible.

It's just a matter of time to see Bitcoin in the know by everyone and be a currency but I think it will be for a long time.

[pantheraio]

In the future I think the national money function will be replaced by crypto as a means of payment. But this will only happen in big cities in every particular country. For the village I think the use of digital money or crypto will not be realized its use.

[thundercrystal]

I think national currency and cryptocurrency will coexist and develop in parallel, the value of the bit can change so we are completely unaware of whether the cryptocurrency can replace the national currency or not.

Yes cryptocurrency and national currency will coexist. As a matter of fact, we don't have to campare it because these two are both needed in every country. We should have support it than compare it.

[kiky03]

Numerous individuals everywhere throughout the world don't utilize the web. To supplant the national money or nearby cash by digital money Internet utilize is the must. Next, to this numerous individuals are not presented with BTC or crypto.

[notthepuma]

I think it's wrong to compare the national currency and the crypto currency, because the crypto currency is not regulated by anything other than the demand of people and is intended solely for use on the Internet. The currency is always governed by the state and is used mainly in paper form...

[sammyp]

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.

We are only five years away from 2023 and crypto taking over national currencies by then is not feasible. There are people who know nothing about bitcoin and it is going to take decades of awareness creation before people cast their minds to bitcoin. Crypto use would have increased by 2023 but not everyone will be nice to crypto and this not everyone who will agree to use it.

[mudasarali43]

Cryptocurrencies are blockchain based decentralized peer to peer digital currencies which are based on latest blockchain technology and national currency of any country is centralized state bank holder currency which is made on fiat,

[Renampun]

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.

we are not a future reader who certainly knows this will happen, I see cryptocurrency will be coupled with the national currency in the future,
so, every person in the world will be free to trade with his/her choice, they can pay via cryptocurrency and can also pay via national currency, that is the future according to my estimation.

[jpaul]

Well there might be a revolution in the crypto platform and a number of people will adopt crypto in a few years time , but i dont think it will be as soon as 2023. Some people will definitely prefer to stick to Fiat while others may want to try out using crypto, No matter how much crypto grows, it will however not replace fiat,  a lot of people will stick to Fiat. Crypto however may become a second most popular form of pay if it continues to develop at this rate

[Etrilicious]

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.

Well crypto currency will be wildly known and used but national currency can't be taken
 It would be extremely impossible because how can we know the wealth of a country etc..

[missyqt29]

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.

A very long journey but I hope I am still alive when this happens. I hope I can be in that society where cryptocurrency is recognized and appreciated as a real currency. So I will continue helping this community to promote and advocate the use of block chain technology. I truly believe that this innovation is our future.

[Genosx]

The cryptocurreny is a currency which combines the investment and its monetary value for commercial transactions.
The advantage of cryptocurrency is that its value rise up as the time goes bye. Unlike in national currency the value will be constant no matter what happens.

[conceivedspoon2]

Cryptocurrencies are becoming the order of the day and as a result have created platform for businesses to operate in. Most of the countries dont like the fact that cryptocurrencies are decentralised and cant be held and control by them.That is the reason for the ban around the countries.

[Altinativerse]

I don't think that cryptocurrencys will replace national money. I think they will more likely co-exist in the future.

[felmitof]

National currency and cryptocurrency have a huge difference. As we all know that someday cryptocurrency can replace national currency but we use national currency to measure the value of cryptocurrency.