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Author Topic: Crypto VS national currency  (Read 2960 times)
Sowik
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June 10, 2018, 12:11:15 PM
 #681

I don;t think it will replace FIAT money any time soon as FIAT is controlled by the governments and crypto is not and governments won't give up their control for anything.
Ajadey4
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June 10, 2018, 12:45:41 PM
 #682

In this jet age of ours,  anything is possible. You'll be surprised some part of the world may not wait till that time.  2023 is too far a year for some countries to embrace and make crypto currency a legal tender. 
extrimals
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June 10, 2018, 12:48:39 PM
 #683

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.
Good idea. I still believe that the cryptocurrency is too fashionable for this time and is quite unstable so it is better to stick to the usual currency and will have less problems with it.
tamarindbleu
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June 10, 2018, 12:52:35 PM
 #684

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.
.     That the national currency you were still a quarter even if years passes from now and it's slightly impossible to replace national currency buy bitcoin because I had a currency is approved by the whole world and as of the moment crypto currency's are  banned from any other countries so this is a slightly impossible
KesoNie
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June 10, 2018, 01:11:31 PM
 #685

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.
The only difference between the two cryptocurrencies is that national money has the capability to become stable and also accepted by the society while cryptocurrencies today was so unstable that the government has no control with it. Well for me both has a significant things in my life that's why I'm here in crypto world.
Markmolotok1488
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June 10, 2018, 01:16:49 PM
 #686

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.
I also really want to wait for the time when cryptocurrencies will be introduced everywhere. I think that this will happen and wait not so long.
Cimmy_revenger
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June 10, 2018, 01:17:26 PM
 #687

it can happen, cryptocurrency can replace the function of the currency of a country, but will not shift the main function of a country's currency.

South Park
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June 10, 2018, 04:04:45 PM
 #688

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...
And do you think national currencies are regulated? Governments print as much currency as they want without having to ask for the permission of anyone and finally most of the money around the world is not in paper form, in fact most money is in digital form that you cannot touch, so cryptocurrencies and national currencies have more in common than what you think.
osmo
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June 10, 2018, 04:08:51 PM
 #689

I think whether the use of crypto currancy depends on the government policy, if the government has legalized the use of cyrpto then we can use crypto to buy anything.

rawr1620
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June 10, 2018, 04:21:16 PM
 #690

It would be impossible since national currency are used by a country for a certain reason and are used to transact from the economic standing of their country to others and to compare. if bitcoin would replace it all of the currency would be the same value as the one who uses bitcoin and crypto.
kaitleen91
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June 10, 2018, 04:31:30 PM
 #691

Let the coffee shopkeeper laugh at me, I don't mind. The main thing is not to be in the role of the guy who bought a pizza for 10 000 bitcoins. Here, really, not to laugh...

nieninja53
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June 10, 2018, 10:59:37 PM
 #692

The national currency is paper money made by machines and you can touch it and put in a pocket and use in transactions to buy or sell something and crypto are digital currency peer to peer you can only use in digital form and with very low fees in transactions,

FeatherFan
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June 10, 2018, 11:07:58 PM
 #693

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 think it will happen but not in the near future but in a long time, maybe it could also every country issuing digital currency of the country in place of the current currency. and for 2023 it was impossible to happen
uptown04
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June 10, 2018, 11:11:00 PM
 #694

well it is very blurry for the future of crypto currency. Some suggest that it will be very possible that in future the fiat money will be extinct. But in my opinion we have to experience a very big crisis in order for it to happen.

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Hotrod_88
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June 10, 2018, 11:18:38 PM
 #695

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.
bitcoin 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

FOR NOW, OFCOURSE ON THE OTHER COUNTRIES WHO ARE NOT FAMILIAR WITH BITCOIN NATIONAL CURRENCY IS THEIR CURRENCY BUT IN THE FUTURE BITCOIN OR OTHER CRYPTOS WILL REPLACE IT.
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June 13, 2018, 08:36:10 AM
 #696

Maybe in a future it can be, but national money will take it part in this game, stand on the same level with crypto inside country

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FO4R
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June 13, 2018, 09:00:39 AM
 #697

crypto is decentralized.May use in different countries,has no even taxes.Anyone can use everywhere with a touch of a smartphone and data connections.While in national currency,people should look for a money changer shop to exchange their bought currency into a the country's local currency.Cryptos is a cashless,can use in different transactions and worried free because you can travel any where with just your wallet in your laptop or smartphones.
Narutofuc
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June 13, 2018, 09:03:09 AM
 #698

it's difficult to say Smiley)
nvt2511
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June 13, 2018, 04:16:54 PM
 #699

I think this is not possible, because not everyone can use the advantages of the internet, and even if bitcoin is the currency of the country, the bitcoin value is always changing and uncertain, unless the bitcoin value has been fixed.
Viendong6158
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June 14, 2018, 03:53:23 AM
 #700

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. National currency is used for everything in our world and every types of person use it. But everyone cannot use cryptocurrency.
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