Digital Currency Take Over

[MeMuTop]

Digital currency will one day take over,  it might take a while but nations who refuse to embrace it at the early stage would play catch up eventually.  I am for regulations cuz of decentralization,  criminal minded people would take advantage of it,  as you can see,  fraudsters are swinging up everyday with fake ICOs and the likes

It will take a lot of time before crypto step in our life. I mean when you can buy a cup of coffee with it. Blockchain is very good platform, but crypto till now is just a means to collect investmens.

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[Maymun_lavigne]

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 currences 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...

it is very difficult to determine how much time will need the type of digital money to take over the market today. Because not all countries can accept the cryptocurrency, although the development of bitcoin or digital currency is pretty good but I think it will still take time long enough to recognize the digital currency in a country.
what they say is not true if the type of digital currency is very easy to commit fraud or corruption. era has progressed and developed especially now there is a blockchanin system that all activities recorded and all are transparent, so it is very difficult to commit fraud or corruption.

[Sirnero111]

I believe the would be form of coexistence between other financial institutions as time goes on. So many different form  applicable to each country with their policies would be established

[MeMuTop]

what they say is not true if the type of digital currency is very easy to commit fraud or corruption. era has progressed and developed especially now there is a blockchanin system that all activities recorded and all are transparent, so it is very difficult to commit fraud or corruption.

Blockchain itself is technology and tokens are based on that technology. It has nothing in common with crypto progress into real world.

[bitcoinrays]

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...

Cryptocurrency, especially Bitcoin has accomplished a lot.I can remember that there wasn’t much people here in the forum before ,and most of these new exchanges weren’t out as of then, price was even low cause there was not much demand for it. But now look at how far the price has reached. Many would have thought using their. Bitcoin to buy pizza back then, but now you can use it to buy a car.

Crypto currencies leading this world was something which was already expected and that this is the only thing which can give us a hope to have a better living in the coming days and that it will help us in having a better economy in the future. Things will get even better and that we can hope that these crypto currencies will make this world much better place to live.

[Shafiqul Islam]

Not at all . digital currency never take over because world becoming popular due to globalisation and capitalism.world population wealth is using online marketing because they chose to virtuality.

[Isaremj3]

Yes, digital currency has take over the whole world now. However, has popular the digital currency is now, the way people take use of it is very low. Also, some set of people still don't believe that digital currency is very really. More awareness needs to be created about it

[blckhawk]

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...

They are on their way now. But taking over the whole existing currency is not that possible for me. Well, let's tak about first about the technology itself, technology was the medium to use for us to use cryptocurrency but not all the people could afford to have one. Although there are technologies but some others are not supported, that is why it would be very tough for cryptocurrency to take over the other currency besides, bitcoin and the other crypto is not yet widely accepted so, it is not that easy to say to cryptocurrency to take over the real life currency.

[Lauff]

I think the digital currency can not take over or replace the fiat currency, I rather think that the crypto currency is an asset, and will benefit if we continue to follow the movement of the value of this currency crypto

[baienpee]

Developed countries are not developing towards digital currency, but developing to blockchain applications. Encrypted currency is only one of the uses of blockchain!

[anntlevel]

Although digital currency has great potential, most of its current role comes from commercial hype, which makes the price of coins unsteady. It is impossible to replace cash with unstable coins. If your water and electricity costs are every minute. In change, how do you feel?

It is not possible for the digital currencies to take lead over the existing regular currencies in a year or two as the awareness rate of the crypto currencies amongst the people is far less and that it will take a lot of time and that only then we can expect the crypto currencies to have a better reputation in the international market. However, you can expect that these crypto currencies will being a great revolution.

[jestbenen8]

It is an ambiguous situation and one cannot really say whether it will take over or not.

Time does not remain the same all the time and that there is no way that these regular currencies keep on ruling this world for life. Things are changing in a positive way and that people have started trusting the crypto currencies more than that of the regular currencies and that there are likely chances that these crypto currencies will take lead over these paper currencies.

We are observing a regular change in bitcoin price, there is always ups and down in bitcoin price but it is for sure that bitcoin is becoming popular and its users are also increasing from time to time.

[OVA|official|]

BTW, is there a difference between digital currency and crypto currency?

[Domicbora]

It is an ambiguous situation and one cannot really say whether it will take over or not.

Time does not remain the same all the time and that there is no way that these regular currencies keep on ruling this world for life. Things are changing in a positive way and that people have started trusting the crypto currencies more than that of the regular currencies and that there are likely chances that these crypto currencies will take lead over these paper currencies.

People have indeed started trusting these crypto currencies but still there is only 1% population in the entire world who is having any kind of information regarding the crypto currencies. It is a very long marathon and that it will take years for the crypto currencies to take lead over the existing regular currencies as these regular currencies has support of the government.

[muhsyakir]

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...

in my opinion the digital currency will take several years to take over the market right now, because it's not easy to take over the market ...
in terms of taking over the market there must be several factors that must be faced after all new factors can be taken over the market ...

[DaughterOFbitcoin]

I believe the would be form of coexistence between other financial institutions as time goes on. So many different form  applicable to each country with their policies would be established

Digital currencies are indeed helping the people in much better way than they were expecting and that the investors are very much satisfied with the way these crypto currencies are helping them in having a better living. Things are changing in a positive way and that we can really hope that these crypto currencies will soon lead the world in a way which can help our economy.

[Andrew S]

We already use digital money.  Is the presence of a card on the hands that does not tell us that we use digital rather than paper money?

[ricardobs]

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...

I think bitcoin/cryptocurrency is one of the biggest investment in today’s market, but it’s not just taking over and beating every other kind of investment because there are many others that can compete with it and those are real estates, Gold and other sort of mineral resources like silver and Oil, but some people might not believe that. Bitcoin is very good but not the best overall.

[MeMuTop]

We already use digital money.  Is the presence of a card on the hands that does not tell us that we use digital rather than paper money?

Digital means Crypto in here. I believe. Not what we have in plastic

[ryap12]

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...

I think bitcoin/cryptocurrency is one of the biggest investment in today’s market, but it’s not just taking over and beating every other kind of investment because there are many others that can compete with it and those are real estates, Gold and other sort of mineral resources like silver and Oil, but some people might not believe that. Bitcoin is very good but not the best overall.

From you last sentence, I go to the other side. I believe bitcoin is the best long-term investment. From what I see, back in 2009, bitcoin price was merely 0.01 USD and 7 years after it went as high as $19,000. Unlike any other investments, you have to invest bigger amounts to get bigger returns, but for bitcoin, if you invest even atleast $1000 USD now, maybe after 5 years, it will be worth $1,000,000.00.