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Author Topic: Crypto money will kill fake money  (Read 1035 times)
salinaangel
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August 08, 2018, 03:12:54 PM
 #141

I hope crypto can decrease fake money because it’s not need to be on hand it’s contain on online. And now- a-days fake money is one of the common problem in the world so I hope crypto will decrease fake money in future.
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boranes
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August 08, 2018, 03:15:29 PM
 #142

Everything in our lives is now in our phones.
Why should we carry a wallet or credit card?
I really do not understand that.
millions of counterfeit money is printed every day
There's a lot of fake money in the world.
Can credit cards prevent this?
Bitcoin will kill them.
What do you mean by fake money? It is printed every day, it is supported by governments so it is not fake money, crypto on the other hand is not supported as currency and it can't be called money.
Probably somewhere in the future crypto will be recognized as money but I think we are still far away from that.

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CryptoRaymond
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August 08, 2018, 04:12:34 PM
 #143

Yes, In future Crypto money may be able to kill fake money, But in this concern, crypto money is still not accepted by many countries and people still do not have enough knowledge about how to utilize it. As soon as it becomes acceptable to more people it may reduce the amount of cash as well as fake money.
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August 08, 2018, 04:15:43 PM
 #144

I also hope that bitcoin or altcoin will be able to completely kill the counterfeit money. But it is difficult to apply technology to everyone or the whole world. Fiat money has a long history, and it is impossible to replace it.


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CryptoRama
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August 08, 2018, 04:16:59 PM
 #145

I really hope so, but we could still have backed the value of them coins, that is the real problem I think... We shouldn't just print money on every corner.

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August 08, 2018, 04:18:44 PM
 #146

everything will happen if the development of cryptocurrency progresses and is more easily accepted by the wider community ...
because with our digital system it can be easier and more practical to be able to make any payment without having to hold cash ..
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August 08, 2018, 04:23:03 PM
 #147

Everything in our lives is now in our phones.
Why should we carry a wallet or credit card?
I really do not understand that.
millions of counterfeit money is printed every day
There's a lot of fake money in the world.
Can credit cards prevent this?
Bitcoin will kill them.


It's steps (step after step), to use the digital currency you need a digital world (internet, apps, users, ....) all of these components are growing up since more than 20 years ago, now and the future is the time for using the digital currency because you already built its foundation, we are watching the early stage of the digital currency.
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August 08, 2018, 05:14:05 PM
 #148

That is true, one day governments will go the crypo money, and after it there will not be a chance to "print" face money, and it is realy cool.
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August 08, 2018, 05:21:38 PM
 #149

This is also difficult. Because a country that does not use paper money can not consume everything in its life. Because each country has its own economic characteristics and structure. No country can be the same, but digital money will be very useful when using cross-country
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August 08, 2018, 05:32:43 PM
 #150

yes it is true, but there are still lot of people dont understand cryptocurrency all about, some afraid to join in this community because they are afraid what they heard on local news that bitcoins is a scam. the best part we can do is to help each other especially those people doesn't know cryptocurrency and blockchain  all about so that time will come every one will use crypto instead of fiat to have a faster transactions and convenient for every users in the world.
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August 08, 2018, 05:36:54 PM
Last edit: August 18, 2018, 08:47:55 PM by slightmoon
 #151

Yeah you are right but this take time more. Yet gov not accepting how crypto going. One more thing that it's really hard to say Gov will allow crypto legally because it's hard for them to control and that thins they never like. Means in practical it's not gonna happen. It's just my opinion maybe one day it can happen.

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August 08, 2018, 09:22:05 PM
 #152

Yes,if crypto become the main payment means because to blockchain technology it will kill fake money.

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August 08, 2018, 09:49:01 PM
 #153

Cryptocurrency system will help the people to make any payment. It won’t kill time as well as people won’t have to think about the security of their money while they roaming outside.
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August 08, 2018, 10:08:29 PM
 #154

Cryptocurrency has come to stay, the financial systems are afriad of it, but soon will be left with no other choice than to embrace it.
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August 08, 2018, 10:09:22 PM
 #155

it can be happen but we have to wait until cryptocurrency is becoming our daily life currency,  and I guess It will cost some time cause people are still not very familiar to these, they don't knows about it that is why people still didn't able to trust on it but hopefully things will be changed.
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August 09, 2018, 03:20:42 AM
 #156

Cryptocurrencies are secured and cannot be stolen which we have heard since the introduction period of cryptos. However, there has been cases of cryptos getting hacked or stolen too. So, I don't think cryptos has reached the perfect state yet to substitute fiat money let alone killing the possibilities of fake currency.
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August 09, 2018, 03:32:39 AM
 #157

Cryoto currency one the way to prove that, some of the weak money like Mozambique or Venezuela recently has used crypto currency instead of their money. So waiting for the new future for Crypto.
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August 09, 2018, 03:36:59 AM
 #158

actually we need change. with crypto, maybe everyone will use crypto to transact. crypto is very safe and easy to use and has the advantage of a fast delivery process.
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August 09, 2018, 03:45:22 AM
 #159

Everything in our lives is now in our phones.
Why should we carry a wallet or credit card?
I really do not understand that.
millions of counterfeit money is printed every day
There's a lot of fake money in the world.
Can credit cards prevent this?
Bitcoin will kill them.


I agree with you , there are a lot of counterfeit  money printed every day  but crypto can not replace fiat money because when we use fiat money , we only have some problems, but when we start using crypto to replace bitcoin, I think we will have a lot of problems to solve because bitcoin is a decentralized platform.
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August 09, 2018, 08:33:49 AM
 #160

Crypto money will definitely not going to kill the fake money and that's for sure as your country and company growth is totally dependent on the fiat currency there are still some places where you are not able to get the digital money scenario at all and people are totally dependent on fiat currency and you can even get many people who are not even aware of the digital world so we cannot say that fiat currency will be overruled by the digital currency And due to the lots of scams in the market and those who don’t know how to use the market will not be able to make it anytime.
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