Digital Currency Take Over

[DesiHunterrrr]

It should be take over because digital currency is the future and currency notes not working anymore so please me cryptocurrency gives you more more freedom and easy access to buy or sell anything online offline

[FunGate]

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...

Do you mean digital payments or digital currency?  I know in the United States, we are the reserve currency of the world, so to forklift fiat money out of the system (and that's not just in our banks but all over the world) then I don't see that happening any time soon.  However with countries with volatile governments and therefore currencies, I can definitely see the play for digital currency.  You see this happening in Venezuela and Iran...

But the fact is, governments make money off of making money.   Will they contribute to a new payment mechanism that takes them out of the game?  As for fraud, if there is regulation...when does decentralized become centralized again??

That's when the big man steps in and offers to help us out. Because you never know when you'll need someone to protect your money. There could be some serious security issues that we might want to start regulating, and then someone will centralize Bitcoin just for that purpose. Oh and to collect information for the taxman.

Digital payments is different because some countries (Scandinavians especially) are already more than 90% there. I have a hard time imagining a society where no one has cash in their wallets, but I guess they make it work up there. They don't really have to worry as much about corrupt governments so it's easier for them.

[Joshgod]

It will move forward to been Accepted by all the globe in time

[genuin]

A digital currency take over! Everyone seems to be talking about that now. It might happen and it might not. Even if it does happen, it might just take 20 or even more years. And many factors will actually decide how things end up. I think one major one is regulation. It is apparent that for Bitcoin to "take over" as we so speak, there is gonna be a lot of regulation slammed upon it by many governments. My fear is that by then, the aim of decentralization might then be defeated.

We made the draft concept in 2016. Currently there are 10,000 cyronium coins that can be bought at prices starting from Rp. 25,000 per 0.001 cyronium. The estimation, after the presale and ICO will be spread in the hands of more than 100,000 investors in Indonesia and abroad. So that the price of cyronium will certainly continue to soar

[Naida_BR]

Right now is very difficult for digital currencies to take over. I think we will never see a nation using digital currencies only.

In about five years we may see real improvement reflected in the real world.

[sleekie]

this is materializing already with the rising acceptance of digital currency across the globe

[aLLvaro20]

Circulation of digital cryptocurrency that is considered illegal because it is not touched by the Central Bank or other financial providers in a country does not affect the circulation of Bitcoin and becomes a growing investment, but the pros and cons of blockchain investment and cryptocurrency like Bitcoin and Coin are emerging..
Since when digital currencies emerge, many of these countries take legal steps and implement regulations by handling taxes on virtual currencies and limiting their use, but now this regulation causes investors to treat the virtual currency as a stock compared to the currency and besides that there is a downside to Bitcoin gaining a bad reputation in society when it is linked to black market circles and money laundering so that these countries prohibit bitcoin transactions which also affect the value of the conventional currency weakening, but no doubt if technology continues to develop government authorities will continue to be systemic to the law, not thinking about understanding how Bitcoin changes the financial future when investors prepare to turn to bitcoin and welcome it when using it.. 

[alexlee4694]

Bitcoin is not taking over anything, it’s just here in form of an assistance, there are even countries that don’t support the idea of using Bitcoin as a payment method. Bitcoin wasn’t made to replace anything. although bitcoin is going viral, the number of people knows about bitcoin is fewer than the ones who don’t know anything about bitcoin. Bitcoin is the demand of most parts in the world but it does not admit officially in the world.

[ImSyam09]

I think in the next few years digital currencies can take over the market ...
because digital currency can make transactions easier anywhere ...
so the digital world can take over the market in the next few years and I'm sure that ...

[Cassy14]

As of today, digital currency is taking over the world.
yeah, but in different aspect. cryptocurrency has caught the massive attention of the world again in just a sad state.
we are all down now in the community, Fiat is winning again! what should we do now? will this continue?

[bitcoinerjawa]

yes you are right I am sure in the coming year and in the future digital currency conditions will take over the use of currencies and many will use them for transactions.

[walemil]

It is no longer new to know that cryptocurrency is the future of money. Digital currencies take over is certain to happen as time goes on. The rate of adoption and embrace have increased tremendously from where it was some months ago. With the level of awareness we currently have, it will go round the whole world. It is unstoppable.

[mornabo]

It is no longer new to know that cryptocurrency is the future of money. Digital currencies take over is certain to happen as time goes on. The rate of adoption and embrace have increased tremendously from where it was some months ago. With the level of awareness we currently have, it will go round the whole world. It is unstoppable.

In the future where technology will become more sophisticated, people will be more aware of the use of the internet and gadgets, of course bitcoin will be increasingly known for online currency, not just bitcoin but all digital currencies will rise and maybe take over cash payments

[taliwang]

currently digital currencies are still very new and not many know the benefits of using digital currency if they are used to make payments and other transactions, but for the future I believe digital currencies will be able to compete with fiat and even paper money is not very useful anymore the future will create everything to be digital.

[iv4n]

It is no longer new to know that cryptocurrency is the future of money. Digital currencies take over is certain to happen as time goes on. The rate of adoption and embrace have increased tremendously from where it was some months ago. With the level of awareness we currently have, it will go round the whole world. It is unstoppable.

In the future where technology will become more sophisticated, people will be more aware of the use of the internet and gadgets, of course bitcoin will be increasingly known for online currency, not just bitcoin but all digital currencies will rise and maybe take over cash payments

But all crypto will be known and used online, that's the point of everything. What you two wrote I'm saying for years, but still most of the people ask same stupid questions and they don't wish to spent some time reading comments from years ago. It's not new for a long time, but strength of crypto is at rise, awareness rising too, outcome is perfectly clear if you ask me, crypto will rule the world in near future, there isn't anyway around that.
We already take a good part of this world, just in 9 years, imagine what will happen in next 9 years with higher speed, with more people, now you understand what "to the moon" means. We this pace we will be there for couple years.

[BeGoods]

Digital currency hasn't yet taken over because a lot of countries don't even recognize it yet but going forward, with the rate of technological advancement, digital currency can takeover the fiat currency in say a decade time

A decade or perhaps more years., but it is up to the government and people if they are going to push it all out, half way maybe half of the people are using crypto compared to fiat.

I think the key is on the government because the adoption and development of bitcoin will be hampered if the government continues to be bitter to ban the use of bitcoin. of course prospective users will be threatened and afraid to join in bitcoin, when bitcoin is officially legalized, it is very possible digital currency will take over for main payment in purchase, yeah it takes a decade perhaps

[hardip567]

I think the digital currency should be It is quick to get money from someone or give it to someone With time savings, money is saved as well

[Isaremj3]

Digital has really take over the globe but mind you nlmost people didn't know how it work. However, I will use this medium to Advise other guys to make awareness to people. And tell them is it work.

[giacatluong]

Digital money can bring us a better and brighter life why it can not take over other currencies. Not only its value is too attractive to people.

[muhsyakir]

maybe this is the right time for digital currencies to take over, but in this case you have to socialize first because not everyone understands and knows digital currencies ...
so I don't think it's time for a digital currency to take over ...