Bitcoin Forum
February 23, 2019, 10:05:00 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 [48] 49 50 51 52 53 54 55 56 57 58 »
  Print  
Author Topic: Crypto replacing fiat?  (Read 6211 times)
prtty2gal2
Hero Member
*****
Offline Offline

Activity: 980
Merit: 516



View Profile
October 09, 2018, 07:39:29 AM
 #941

Not in the near term. It will be a loong and difficult path to mass adoption but we'll get there.
Yes we'll get there, I think so too. I am not utterly convinced, we'll get there with bitcoin, though... Well, anyway, we'll see soon enough.
Well that is not so easy old chap! One a small percent of the entire population of the world uses cryptocurrency for different purposes and not the rest of the people who completely rely on fiat for running their lives. Access to the technology is not possible for all and still a whopping portion is left to avail the benefits.

Besides those who have access to it are somehow influenced by various agents to alter their investment pattern and this speculation of crypto replacing fiat is not realistic in near future.

█▀▀▀█ ▄▄▀▀▀▀▀▀▄▄      ▄▄▀▄
█ ███▀▄▄██████▄▄▀▀▀▀▀▀▄▄██▀
█ ███████████████████████▀
█ ██████████████████████▀
█ ████▀▀▀▀████████▀████▀
█▄███         ▄▄▀▄████▀
          ▄▄▀▀▄▄█████▀
        ▄▀▄▄████████▌
       █ ███████████
      █ ███████████▌
     █ ████████████
    ▐█ ████████████
    ▐██████████████
SLOTS     VIDEO POKER
BLACKJACK
     CRAPS
ROULETTE    KENO    DICE
         ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
 ▄▄▄▄▀▀▀▀█ ▄▀▄            █
█   ▄    █ █▀█            █
█    █   █      ▄██▄      █
 █ ▀▀   ▄█    ▄██████▄    █
 █    ▐███   ██████████   █
  █    ███   ▀████████▀   █
  █     ▀█       ██       █
   █     █      ▀▀▀▀  ▄ ▄ █
   █     █            █▀█ █
    █    █             ▀  █
    █     ▀▀▀▀████▀▀▀▀▀▀▀▀
     ▀▄▄▄▄▀▀▀▀
▄▄██████████▄▄
▄████████▀▀████████▄
▄██████████▄▄██████████▄
▄████████  █  █  ████████▄
▄██████▀▀█▀▀█▀▀█▀▀█▀▀██████▄
███████▄▄█▄▄█▄▄█▄▄█▄▄███████
████  █  █  █  █  █  █  ████
████▀▀█▀▀████▀▀████▀▀█▀▀████
▀███▄▄█▄▄████▄▄████▄▄█▄▄███▀
▀███████████  ███████████▀
▀███████▀▀█▀▀█▀▀███████▀
▀█████▄▄█▄▄█▄▄█████▀
▀▀██████████▀▀
▄▄██████████▄▄
▄████████▀▀████████▄
▄██████████▄▄██████████▄
▄████████  █  █  ████████▄
▄██████▀▀█▀▀█▀▀█▀▀█▀▀██████▄
███████▄▄█▄▄█▄▄█▄▄█▄▄███████
████  █  █  █  █  █  █  ████
███████▀▀█▀▀█▀▀█▀▀█▀▀███████
▀██████▄▄█▄▄█▄▄█▄▄█▄▄██████▀
▀████████  █  █  ████████▀
▀██████████▀▀██████████▀
▀████████▄▄████████▀
▀▀██████████▀▀
▄▄██████████▄▄
▄█████▀▀█▀▀█▀▀█████▄
▄███████▄▄█▄▄█▄▄███████▄
▄████████  █  █  ████████▄
▄███▀▀█▀▀████▀▀████▀▀█▀▀███▄
████▄▄█▄▄████▄▄████▄▄█▄▄████
████  █  █  █  █  █  █  ████
████▀▀█▀▀████▀▀████▀▀█▀▀████
▀███▄▄█▄▄████▄▄████▄▄█▄▄███▀
▀███████████  ███████████▀
▀███████▀▀█▀▀█▀▀███████▀
▀█████▄▄█▄▄█▄▄█████▀
▀▀██████████▀▀
▄▄██████████▄▄
▄██▀▀█▀▀████▀▀█▀▀██▄
▄████▄▄█▄▄████▄▄█▄▄████▄
▄██  █  █  █  █  █  █  ██▄
▄███▀▀█▀▀█▀▀█▀▀█▀▀█▀▀█▀▀███▄
████▄▄█▄▄█▄▄█▄▄█▄▄█▄▄█▄▄████
████  █  █  █  █  █  █  ████
███████▀▀█▀▀█▀▀█▀▀█▀▀███████
▀██████▄▄█▄▄█▄▄█▄▄█▄▄██████▀
▀████████  █  █  ████████▀
▀██████████▀▀██████████▀
▀████████▄▄████████▀
▀▀██████████▀▀
▄▀▀███████▀▀▄
▄▀▀   ▀█████▀   ▀▀▄
▄█▄   ▄▀▀  ▄  ▀▀▄   ▄█▄
▄████▄▀    ███ ▄▄▄▀▄████▄
▄█████      ▐█▌ ███  █████▄
█  ▀█  ▄▄  ▄███▄  ▄▄  █▀  █
█   █ ███████████████ █   █
█  ▄█  ▀▀  ▀███▀  ▀▀  █▄  █
▀█████      ▐█▌      █████▀
▀████▀▄    ███    ▄▀████▀
▀█▀   ▀▄▄  ▀  ▄▄▀   ▀█▀
▀▄▄   ▄█████▄   ▄▄▀
▀▀▄███████▄▀▀
PROGRESSIVE JACKPOT
PROVABLY
FAIR
REFERRAL PROGRAM
          ▄▄▄▄██████▄
     ▄███████████▀▀███▄
   ▄██▀██  ▀█████▄  ███▄
  ▄████ ██▄▄██  ▀███████▄
 ▄██████ ██████▄▄███▀▀███▄
▄████████ ██  ▀█████▄  ███▄
████▀▀████ ██▄▄██████▀▀▀▀██
▀███   ███▌ ▀▀▀▀▀▄▄▄▄█████▀
 ▀███▄▄███▌ ▄████████▀ ▄█▀
  ▀███████ ██████▀▀█████▀
   ▀█████ ██████▄▄█████▀
    ▀███ ██▀ ▄███████▀
      ▀██████▀▀▀▀
1550916300
Hero Member
*
Offline Offline

Posts: 1550916300

View Profile Personal Message (Offline)

Ignore
1550916300
Reply with quote  #2

1550916300
Report to moderator
1550916300
Hero Member
*
Offline Offline

Posts: 1550916300

View Profile Personal Message (Offline)

Ignore
1550916300
Reply with quote  #2

1550916300
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1550916300
Hero Member
*
Offline Offline

Posts: 1550916300

View Profile Personal Message (Offline)

Ignore
1550916300
Reply with quote  #2

1550916300
Report to moderator
1550916300
Hero Member
*
Offline Offline

Posts: 1550916300

View Profile Personal Message (Offline)

Ignore
1550916300
Reply with quote  #2

1550916300
Report to moderator
BitcoinCommodor
Full Member
***
Offline Offline

Activity: 504
Merit: 106


Revolutionising Marketing and Loyalty


View Profile
October 09, 2018, 07:41:47 AM
 #942


Although it will never replace fiat, it can peacefully coexist with the traditional money. I suppose that those people that stay online most of the time would prefer to use exactly the cryptocurrency.
Fiat and crypto currencies both are in our benefit but crypto are best as investment source for us as well as its friction-less transaction made it our first choice these days but only investors can understand this, other people will use the same fiat currency. So, both the currencies are helping us out and we will have a bright future if we accentuate on both as investment as well as payment mode.

AnnaHom123
Newbie
*
Offline Offline

Activity: 33
Merit: 0


View Profile
October 09, 2018, 08:02:47 AM
 #943

From my point of view, it is really hard for crypto to replace fiat because the world need fiat to develop and maintain economy system. Therefore, crypto can not replace fiat even now or in the future
Christopher_Hayes
Newbie
*
Offline Offline

Activity: 69
Merit: 0


View Profile
October 09, 2018, 08:46:21 AM
 #944

It won't be until about a decade or so 'til we see fiat replaced by digital currency. First of all, it's a huge adjustment to newbies because it's not like bitcoin and the whole crypto market can be learned and understood in one sitting. It's a learning process. I agree with the others though. There's a bigger chance for bitcoin to exist with fiat. But replacing it completely? Yeah, that would be amazing, but I'm not we will see this happen anytime soon.
domarakooth
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
October 09, 2018, 09:23:45 AM
 #945

Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.   
The crypto market would devide in to different parts like : private, public in my opinion. And if goverments decide to make it regulated they will choose between to make it private, public and maybe what blockchain would they choose
I think replacing fiat into crypto is really a hard thing, but in a slow way maybe people well slowly adopt this kind of payment change in the near future. The crypto is now slowly becoming more popular like 30% of the world today is now aware of crypto and 70% is still didn't even know it. Internet is really depend on the place and it is also limited to those who are living on the mountainous place maybe they don't used internet because and for some other people who can afford to buy gadgets maybe they didn't know this crypto exist. So I think it will run a decade or many more years for crypto to be use as fiat.
Replacing fiat isn't a easy task a lots of thing are required. We have to change government mood, Plus makes this currency stable which is not possible.Maybe in future but i don't see anything that can replace fiat.
Manolsib
Newbie
*
Offline Offline

Activity: 84
Merit: 0


View Profile
October 09, 2018, 09:27:24 AM
 #946

It would be the best situation if cryptocurrencies replaced Fiat, but many states simply will not allow it. Yes, and a lot of nuances associated with this, to fully switch to cryptocurrency.
bitcon
Legendary
*
Offline Offline

Activity: 1582
Merit: 1000


THE ENERGY EFFICIENCY PROTOCOL


View Profile
October 10, 2018, 04:30:39 AM
 #947

Personally, I will never see this happen. Crypto will exist but fiat will exist as well. They will co-exist because they have different features.

We both need fiat and crypto. In my opinion, we can reap the benefits of both crypto and fiat so why any of the two should disappear?
in my opinion, everything can happen and everything is possible if the development of technology and the development of the era requires currencies that are the same as cryptocurrencies, surely fiat currencies will be replaced

Honestly, I cannot imagine that in the nearest 20 years the cryptocurrencies will replace the paper money. I guess the crypto will be used wider but fiat is needed - people are not yet ready to refuse from it.

.


▄▄██ █████ █████ █████ █████ ██▄▄
▄████ █████ █████ █████ █████ ████▄
████▀  ▀███ █████ █████ █████ █████
▄▄▄▄    ▄▄▄ ▄▄▄▄▄ ▄▄▄▄▄ ▄▄▄▄▄ ▄▄▄▄▄
████    ███ █████ █████ █████ █████
████    ███ █████ █████ █████ █████
▀▀▀▀    ▀▀▀ ▀▀▀▀▀ ▀▀▀▀▀ ▀▀▀▀▀ ▀▀▀▀▀
████    ███ █████ █████ █████ █████
████    ▀▀▀ ▀▀▀▀▀ ▀▀███ █████ █████
████                 ██ █████ █████
▄▄▄▄     ▄▄▄▄▄▄▄     ▄▄ ▄▄▄▄▄ ▄▄▄▄▄
████    █▀███████    ██ █████ █████
████    █ ███████    ██ █████ █████
▀▀▀▀    █ ▄▄▄ ███    ▀▀ ▀▀▀▀▀ ▀▀▀▀▀
████    █ ███ ███    ██ █████ █████
████    █▄▄▄▄▄▄▄█    ██ █████ █████
████     ▀▀▀▀▀▀▀      ▀ ▀▀▀▀▀ ▀████
▄▄▄▄                            ▄▄▄
█████ ▄▄▄▄▄ ▄▄▄▄▄ ▄▄▄▄▄ ▄▄▄▄▄ ▄████
 ████ █████ █████ █████ █████ ████
   ▀▀ ▀▀▀▀▀ ▀▀▀▀▀ ▀▀▀▀▀ ▀▀▀▀▀ ▀▀   
bluenote.


.



.
▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
.
.
.
▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████▀    ▐███████
███████████    ▄▄█████████
▐██████████▀    ▀▀█████████▌
▐█████████▌       █████████▌
▐███████████    ███████████▌
███████████    ███████████
██████████    ██████████
▀████████▄  ▄████████▀
▀████████████████▀
▀▀████████▀▀
.


.


.
█▀▀▀█▀▄
█   █  ▀▄
█   ▀▀▀▀█
█ ▀▀▀▀▀ █
█ ▀▀▀▀▀ █
█▄▄▄▄▄▄▄█

  ▄▀▀▀▀▀▀▄
█▀▀█▀▄   █
█  █  ▀▄ █
█  ▀▀▀▀█ █
█ ▀▀▀▀ █▄█
█▄▄▄▄▄▄█
.
Summary
.
WhitePaper
kokobaba880
Full Member
***
Offline Offline

Activity: 434
Merit: 101



View Profile
October 10, 2018, 06:21:49 AM
 #948

May be in future it will happen that Crypto fully replace fiat but now it is impossible to happen now and it can not replacing fiat fully and in these days crypto is very moving to a rise and in these days bitcoin is showing a high demand from the Asian countries,

satriagedhe
Member
**
Offline Offline

Activity: 204
Merit: 10


View Profile
October 10, 2018, 07:01:48 AM
 #949

hard to belive  i mean fiat will become the last destionation of cryptocurrency trading , hard to think if there no fiat anymore


  A I R W A L L E T │    The Gold Standard of Airdrops  
 ►   WHITEPAPER   ◄
[        TWITTER        FACEBOOK        LinkedIn        ANN THREAD        TELEGRAM        INSTAGRAM        ]
Rastafarian
Jr. Member
*
Offline Offline

Activity: 238
Merit: 1


View Profile WWW
October 10, 2018, 04:14:30 PM
 #950

Cryptocurrency can never replace fiat currency. Fiat currencies are more or less like a generally used currency used by many countries in the world.

ZERO CARBON PROJECT   https://www.zerocarbonproject.com/
❰❰ Tackling Climate Change using Blockchain ❱❱
Madara_Uchiha
Jr. Member
*
Offline Offline

Activity: 154
Merit: 1


View Profile
October 11, 2018, 11:02:38 AM
 #951

If this happens, only in the distant future. While the world is not adapted to the use of cryptocurrency exclusively.

●●⚫  CRYPTONITY  ▐|  The Crypto Community Exchange ▐|
Public Sale 1 Starts: Nov 1, 2018 ▐|● https://tokensale.cryptonity.io
jonaire99
Member
**
Offline Offline

Activity: 448
Merit: 10

Transparent, Trustworthy, Secure.


View Profile
October 11, 2018, 01:17:22 PM
 #952

Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.   

Life in the world where only cryptocurrencies are available are still remains to be seen if that ever happen in the future and nobody knows what kind of laws the government is going to impose at that time. Fiat are here to stay and may coexist with the digital currencies in the future  and the government might turn into digital currency also to match the use of cryptocurrencies.

ARCC  ▰▰▰▰▰  Our company specializes on Blockchain Technologies, Smart Contracts, Initial Coin Offering (ICO) and Digital Currencies Investments   ▰▰▰▰▰  ARCC

                  Whitepaper   ▰▰▰▰▰▰▰          ▰▰▰▰▰▰▰   Announce                 

YoutubeTelegramMediumFacebookTwitterReddit
yitzjoe
Member
**
Offline Offline

Activity: 448
Merit: 11

http://alcedoplatform.com


View Profile WWW
October 11, 2018, 01:30:36 PM
 #953

fiat will be flexible towards inflation and deflation that occurs in society because the central bank and the government can regulate fiat circulation for monetary policy needs, but the crypto supply remains and tends to trigger deflation that has profits and losses for the community

Ahimoth
Sr. Member
****
Offline Offline

Activity: 700
Merit: 250



View Profile
October 11, 2018, 02:04:52 PM
 #954

fiat will be flexible towards inflation and deflation that occurs in society because the central bank and the government can regulate fiat circulation for monetary policy needs, but the crypto supply remains and tends to trigger deflation that has profits and losses for the community
I guess crypto can't replace fiat because the government will not allow it, maybe ots better if crypto will be the same and not replacing anything because if happen then surely cryptocurrency will change also. Fiat is the identity of one country so surely many people disagree to have other currency. Also cryptocurrency is an unstable price and I think that one why they cant be replace fiat.


            █ █ █ █ █
         ██           ██
       ██     █ █ █ █   ██
     ██    ██        ██
   ██   ██               
  ██   ██     ████████                  ██████████
            ███          ██   █████████     ██      ██████  ██   ███████  ██    ███   ███████
 ██   ██    ███              ██      ███    ██      ██          ███       ██   ███  ██
 ██   ██    ███  ██████  ██  ██      ███    ██      ██      ██  ███       ██  ███   ██
            ███      ██  ██  ██      ███    ██      ██      ██  ███       ██████     ███████
 ██   ██    ███      ██  ██  ██      ███    ██      ██      ██  ███       ██  ██           ██
             ██      ██  ██  ██      ███    ██      ██      ██  ███       ██   ███         ██
 ██   ██      ███████    ██   █████████     ██      ██      ██   ███████  ██    ███  ███████
  ██   ██                           ███
   ██    ██          ██            ███
     ██    ██ █ █ █ █   ██
       ██             ██
          █ █ █ █ █ █
























Telegram     Facebook     Twitter     Medium
-
WEBSITEE |█| WHITEPAPER












B.
Copper Member
Member
**
Offline Offline

Activity: 182
Merit: 10

REVOLUTIONARY AIRDROP SYSTEM


View Profile
October 11, 2018, 02:58:13 PM
 #955

Cryptocurrency can never replace fiat currency. Fiat currencies are more or less like a generally used currency used by many countries in the world.

If fiat conditions are not possible to maintain balance in the majority and many countries experience bankruptcy, then they will form an MoU to use crypto currencies. For now it has not been seen, but the wave of inflation will come and only developed countries will survive, so alternative currencies have been considered from now on without any binding restrictions. Controversy does not mean not considered.


  A I R W A L L E T │    The Gold Standard of Airdrops  
 ►   WHITEPAPER   ◄
[        TWITTER        FACEBOOK        LinkedIn        ANN THREAD        TELEGRAM        INSTAGRAM        ]
melch100
Jr. Member
*
Offline Offline

Activity: 294
Merit: 1

Staker.network - POS Smart Contract ETH Token


View Profile
October 11, 2018, 03:29:56 PM
 #956

Cryptocurrency can never replace fiat currency. Fiat currencies are more or less like a generally used currency used by many countries in the world.

If fiat conditions are not possible to maintain balance in the majority and many countries experience bankruptcy, then they will form an MoU to use crypto currencies. For now it has not been seen, but the wave of inflation will come and only developed countries will survive, so alternative currencies have been considered from now on without any binding restrictions. Controversy does not mean not considered.

Yeah you are right, a lot of things can possibly happen in the future and we cannot really tell if fiat will never be replace by cryptocurrencies, but I think will really take a lot of time.

STAKER.network ] ━━ [ The Next Proof-of-Stake Smart Contract Token
] ⚁ 100% 1st Year Interest [ ━━ ] ⚀ Free Airdrops [
Renampun
Full Member
***
Offline Offline

Activity: 441
Merit: 100


Unleash the Power of the World's Crypto Data


View Profile WWW
October 11, 2018, 06:50:31 PM
 #957

I'm sure this will happen in the future because crypto coins are the technology of the future and fiat currency is an ancient item. indeed to get to that stage takes a long time but that is the development of the times, always using the latest things or products..

▶ ▶ T O K E N D A T A   |   UNLEASH THE POWER OF THE WORLD'S CRYPTO DATA   |   T O K E N D A T A ◄ ◄
GET WHITELISTED [ REGISTER NOW ]   ❖   WHITEPAPER   ❖   ANN THREAD   ❖
■  TWITTER  ■  LINKEDIN  ■  TELEGRAM  ■  FACEBOOK  ■  MEDIUM  ■  DISCORD  ■  REDDIT  ■
legenduim
Full Member
***
Offline Offline

Activity: 490
Merit: 101



View Profile
October 11, 2018, 07:07:28 PM
 #958


Although it will never replace fiat, it can peacefully coexist with the traditional money. I suppose that those people that stay online most of the time would prefer to use exactly the cryptocurrency.
Fiat and crypto currencies both are in our benefit but crypto are best as investment source for us as well as its friction-less transaction made it our first choice these days but only investors can understand this, other people will use the same fiat currency. So, both the currencies are helping us out and we will have a bright future if we accentuate on both as investment as well as payment mode.

The cryptocurrency can be the best investment (in a case when you buy the best tokens and Bitcoins) but it will never replace fiat. People will use paper money for long.

✘  EXCOLONY   |▌  YOUR PLEASURE IS OUR INNOVATION
|███    White Paper   [   JOIN our ICO   ]   ANN Thread    ██|
Twitter   |   Facebook   |   Telegram   |   Medium   |   Github   |   Reddit
candra raditya
Copper Member
Newbie
*
Offline Offline

Activity: 338
Merit: 0


View Profile
October 11, 2018, 08:33:08 PM
 #959

Fiat is more able to survive because fiat gets support from the government, crypto is very fluctuating so it will make people choose fiat to become a currency.

Monero Rings XRM ⭕️
▂▂▂ « Fork of Monero 1:2 » Security and anonymity ▂▂▂
▂▂▂▂▂▂ Website   ANN   Twitter   Telegram   Github   Whitepaper ▂▂▂▂▂▂
JoeHilton
Newbie
*
Offline Offline

Activity: 17
Merit: 0


View Profile
October 12, 2018, 03:45:51 AM
 #960

I think not, fiat money will never be replaced by bitcoin.
because it is the tool we use for the current exchange, bitcoin is more suitable for the investment tool.
I see your point and agree with it. For me, even cryptocurrency has more advantages than fiat, it will never replace fiat because fiat is what we need in our economy system, it helps to run a country
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 [48] 49 50 51 52 53 54 55 56 57 58 »
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!