Digital Currency Take Over

[Visbay]

As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...

The current development of coins will make changes in the future, if any country does not know what digital money is sure they will regret because I am sure that in the future will use digital currency for transactions between abroad and domestic own .

Now I think almost every country knows about bitcoin and they are aware of it that bitcoin is some kind of digital currency which being use as currency and as an investment, now in our place bitcoin is the most wanted currency and it saves thousands of families from crises having it as source of income, and now almost 90% of well developed counties have announced bitcoin as new currency which is better than fiat and experts have predicted that bitcoin is going to take over the rule of market.

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[Sadlife]

One of the factors is of course tax because government doesn't want a competition to their fiat currency without benefiting from it. Another is internet we all know that digital currency can only be use online. So i think digitalization is not possible because people want's physical money to transact payments.

[MascharonoM]

Thanks for your thread here. Nowadays people are much interested in learning and they don't invest their money for scam ICOs. They are only interested in  real projects. For me, I also invested in a project SciDex. I researched SciDex white paper. Looks decent and clear. Helping a lot for the business scientific data.

[drybull]

In countries with high creditworthiness, penetrating digital currency seems time consuming. I think that currency does not feel inconvenience.

[iamike]

Because of the advancement in technology, everything is going digital and this is no exceptional to currency. I believe this is a good news to the world.

[senne]

Digital currency has already taken over faith by 60-70% as if you properly notice most of the things related to money are done online now and I think it is a form of digital currency system only. Payment involving large amount of money between two parties are held online, salary is credited online, nearly every company has arrived with their wallet like Samsung Pay, Amazon Wallet and so on. Digital currency is already used but also but working parallel with faith system due to which banks still pay important role.

[Btcschool]

As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...

And you think that by most countries accepting Bitcoin that will make it take over everything and being used by everyone, well you think wrong. It can take over, but that will have to be in whatever that has to do with investments and of course we can use it as a payment method, though not all countries approves that. Bitcoin is making success, but I don’t think it will replace the currency we are making use of.

Everything is possible folks, but I think it's too early for that. Still the local currency is more famous than anything else, special in digital currency. Tangible item is matter I think. What do you think folks?

The future is that of digital currency and the whole world will use digital currency in the future. Already many companies have started accepting bitcoin for their payments. The world is gradually turning towards digital currency and soon all the people in the world will use digital currency as their legal and regular currency. Cryptocurrency will take over.

[creeps]

Because of the advancement in technology, everything is going digital and this is no exceptional to currency. I believe this is a good news to the world.

But not all people know how to use technology, there are some places that there is no signal of internet. I think if the government support this thing they will surely improve the life in a remote area and teach people to use this kind of technology. Digital currency can't take over fiat money, we still need fiat to transact easily in our day to day transactions.

[Best Dreams]

It's not a take over or changing Fiat with digital currency, it's only that many of us is making use of hobby nowadays to use crypto in some of their transaction between traders.

So it is happening gradually that people like us use bitcoin as currency and they make daily transaction for all kind of goods which makes price high day by day. So digital currency is now at succeeding poit and even though it is being legal currency. I am sure with high acceptance and government support bitcoin will become more applicable than fiat in near future.

Yeah, That right I think take over here is not replacing the overall fiat as the main currency. I think that digital currency like bitcoin will become more popular in the future, it will be more widely used by many people for investment or for financial transactions, and bitcoin will become mainstream. I think that's going to happen, instead of taking over the fiat position of the world's major currencies..

Bitcoin is already famous enough more than fiat and all other currencies, most of time people have found bitcoin more reliable and easy than fiat or regulate currency, gradually we are shifting to the digital era where almost everything is depending upon online payment system using digital currency, so this is clear for us to be sure that new age will be the age of crypto currency so I think bitcoin is going to replace the fiat currency from the world.

[Solar777]

Crypto currency Nucleus Vision (NCASH) is a digital token that was implemented during the company's crow crowding. Nucleus Vision in order to raise funds for development. innovative technologies in personal identification. The process of development, as we said above, is the company Nucleus Vision created in 2014 on the basis of Harvard University. What Nucleus Vision is doing is truly brand-new technology, because in their work they use blocking and real-time sensors without using RFID, Wi-Fi and Bluetooth.

[Blue Bell]

One of the factors is of course tax because government doesn't want a competition to their fiat currency without benefiting from it. Another is internet we all know that digital currency can only be use online. So i think digitalization is not possible because people want's physical money to transact payments.

Well as government concerned then I would say bitcoin is free currency which has no connection to the government and bitcoin is the famous one as everyone know about it well, it is applicable to buy all kind of good and those how are willing to have shopping online bitcoin is the best choice for them. For me bitcoin has taken the command already as almost every country to now switching to digital currency system of payment so digital currency gonna make the future of fiat so dark,. You will see just wait and watch.

[StarofBTC]

One of the factors is of course tax because government doesn't want a competition to their fiat currency without benefiting from it. Another is internet we all know that digital currency can only be use online. So i think digitalization is not possible because people want's physical money to transact payments.

If we look at the way these digital currencies are making their name in the international market, then we will get to know that these crypto currencies are creating a very strong impact in the society and that there are likely chances that a major portion of this world will switch from the traditional paper money to the digital currencies. once this thing will happen, we will be able to see a whole new world.

[henmark]

The technology is new and challenging for government official to understand. Even when they understand, it will take bold leaders to act.

There is much acceptance of digitization all around the world. In everywhere, there are leaders and followers. Let the leaders take the bold steps and everyone will follow.

Things are not that much well organized as all of us were thinking of them to be but still things are not that much bad either. There is always a right time for each and everything to happen and that we cannot expect the things to happen exactly at time when we want them to happen. Digital currencies are creating a very strong impact and that they will surely lead the world in much better way.

[Isaremj3]

Hello, digital money is very good and easy to use but  it is very new to the people. However, the technology is new and challenging for government official to understand. Even when they don't understand, it will take bold leaders to act on the use of it. Also, many people believe in the use of virtual  money however, they believe that digital money is a scam to them and don't want to here about it.

[Activitycoin]

It's not a take over or changing Fiat with digital currency, it's only that many of us is making use of hobby nowadays to use crypto in some of their transaction between traders.

So it is happening gradually that people like us use bitcoin as currency and they make daily transaction for all kind of goods which makes price high day by day. So digital currency is now at succeeding poit and even though it is being legal currency. I am sure with high acceptance and government support bitcoin will become more applicable than fiat in near future.

Yeah, That right I think take over here is not replacing the overall fiat as the main currency. I think that digital currency like bitcoin will become more popular in the future, it will be more widely used by many people for investment or for financial transactions, and bitcoin will become mainstream. I think that's going to happen, instead of taking over the fiat position of the world's major currencies..

Bitcoin is already famous enough more than fiat and all other currencies, most of time people have found bitcoin more reliable and easy than fiat or regulate currency, gradually we are shifting to the digital era where almost everything is depending upon online payment system using digital currency, so this is clear for us to be sure that new age will be the age of crypto currency so I think bitcoin is going to replace the fiat currency from the world.

We can see it clear and now it is the time when we can use only digital currency as main and easy source of payment, it seems it will take some time but bitcoin will surely able to dominate the global financial system, still almost every counter is there how are supporting bitcoin now and almost every counter is now buying bitcoin and using it as source of payment so it is going to make all payment systems according to digital payment system.

[jajulway]

i think cryptocurrency will not take over the market, because in some country, they banned cryptocurrency...
I am pretty sure that cryptocurrency just altenative way to us to do some transaction, money will last forever, i guess....
Not everybody in the whole world know about crypto and not everybody had tools they need to do so...

[Sum24]

i think cryptocurrency will not take over the market, because in some country, they banned cryptocurrency...
I am pretty sure that cryptocurrency just altenative way to us to do some transaction, money will last forever, i guess....
Not everybody in the whole world know about crypto and not everybody had tools they need to do so...

Well it is modern age by the way, where almost everyone is educated and they better know about the ups and down of bitcoin market, it is need of everyone life, people are in need of facilities and bitcoin is the most facilitating currency so I think gradually bitcoin is taking over the world economy, most of people knows now bitcoin as it is the most wanted currency now and people are preferring to use it than cash money.

[stellgod]

i think cryptocurrency will not take over the market, because in some country, they banned cryptocurrency...
I am pretty sure that cryptocurrency just altenative way to us to do some transaction, money will last forever, i guess....
Not everybody in the whole world know about crypto and not everybody had tools they need to do so...

You are right that some countries have banned crypto in the respective countries and my country is one of them. But I am sure this ban is for the time being and these countries are studying blockchain technology and when they realize the importance of blockchain and crypto they will allow their people to invest and trade in crypto but till then we will have to wait.

[perfect999]

I think the next 2-3 years will really flourish

Cryptocurrency is prevailing in the world and more and more people are investing in bitcoin and Altcoin. Future is that of cryptocurrency and no doubt it will take over the market in the near future. Bitcoin will be the mainstream because it is the leading crypto in the world and Ethereum is after it. Other coins are far behind from BTC and ETH.

[Sihab76]

No way. Modern world completely depending upon digital platform. Online marketing, trading and business are backbone of economic ecosystem. So Bitcoin not take over.