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Author Topic: Crypto money will kill fake money  (Read 1069 times)
wateball
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August 09, 2018, 08:44:12 AM
 #161

I believe that the future cryptocurrency can replace fiat money, but there is still some difficulty. First, it needs the support of the state, otherwise it is difficult. Even if it's fast and transparent, it still needs more people's support.
conanmori
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August 09, 2018, 08:49:11 AM
 #162

Well this might take so many years before digital currency will fully use as a real currency. Many country still doesn't know about Bitcoin or they just don't accept it making this thing longer.
 A country who only use a digital currency would be awesome that's why we should keep supporting crypto currency as the main digital wallet.

ace4549
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August 09, 2018, 12:28:25 PM
 #163

There’s a possibility that cryptocurrency money will kill fake money
because we are all familiar that the real one is the one who deserve to be in this kind of bsuienss and industry to help invetors to be profitable.
fortelen
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August 09, 2018, 03:46:08 PM
 #164

Well, I don't really think about that. In my opinion, crypto may be bigger for some years later. They will be probably used for transaction method. To kill the money, I don't really imagine it because many countries still have regulation to use the money. however, about the credit card, I cannot give prediction.


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jakiro.hovard
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August 09, 2018, 03:48:51 PM
 #165

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.
In general, I agree, but still I am sure that many rich people will go from fiat money to crypto-currency, they probably will be right, because the output is really one in the near future in the financial sector will be a big problem.
just_Alice
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August 09, 2018, 04:22:06 PM
 #166

A credit card, or a wallet with small amounts of fiat currency can be safer in some sense. You can establish a maximum expenditure amount for your credit card so that all your savings won't be stolen, you can also block it right away when noticed the stealage. On Bitcoin wallets, on the other hand, people usually store lots of money and have a bad habit to store all of their passwords (including private key) on phone, so in case your phone was stolen the consequences might be catastrophic. I wouldn't say that fake money is a big problem nowadays, because counterfeit money detectors are everywhere. As for inflation issue - Bitcoin can deal with it, but lots of other cryptocurrencies are programmed to be in an unlimited supply, so new coins can be created as easily, as money printing.
MatysTapsilog
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August 09, 2018, 04:24:06 PM
 #167

Crypto ought to illuminate numerous issues first with itself before tackling issues with Fiat. The Crypto showcase isn't appropriately managed also, causing a ton of issue, and there is trust issue for some financial specialists who would prefer not to contact it until the point when more directions enter the market to shield ventures from tricksters.
Kartika1
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August 09, 2018, 04:25:27 PM
 #168

nope were still far from there, right now fiat domination is still quite strong. it's true that right now we got e-money everywhere but e-money still using fiat for payment
therhslv
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August 09, 2018, 04:29:05 PM
 #169

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.



Not sure if Bitcoin will kill Cards and other stuff . But i think people is not ready to pay with Phones . I know alot of people that preffer cards or FIAT money instead of paying with like ApplePay or any other app . I know even people who dont know how to use internet . Maybe after 10-20 Years people will use phones to pay for items , but for now its too early for that . Like 15 years ago with phone you could only play some games like Snake and surf the web with GPRS lol . And today i notice that people start to pay in shops with Phones , not alot of them ofcourse , but there is . Thats why i think it will take some time to adopt new ways of paying .
sergienkoe
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August 09, 2018, 04:36:25 PM
 #170

Credit card today is not that unusual. There are ways to pay by mobile phone, fingerprints and even face.
But all these technologies are quite complex and expensive, a credit card is the best choice.
- Cheap
- Conveniently
- Easy to use
In order to use crypto currency to pay for coffee in the cafe, the infrastructure is not yet sufficiently developed.
Gamblet
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August 09, 2018, 04:45:40 PM
 #171

I think that Bitcoin will not soon be able to replace the fiat currencies. So far very few people use cryptocurrencies. Many people consider cryptocurrencies to be very risky and speculative.
valek.bruno
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August 09, 2018, 04:48:28 PM
 #172

Crypto-currencies have a number of advantages that can be much more attractive for economies of different countries that want to improve the situation with corruption because it is obvious that many will do so.
mandeepcrypto
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August 09, 2018, 04:50:41 PM
 #173

It is possible but not a easy task . Crypto can do it with hard and honest efforts .At present crypto world also faces many problems due to scam project,hackers and dubious practices in the management.I wish it will improve in future and we can do all transaction with phone through Bitcoin.
firaituaku
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August 09, 2018, 04:57:22 PM
 #174

I don't think crypto can replace the role of real money in everyday life. if that happens surely the economic system will be chaotic. So the crypto role here is only a bridge between real money and digital money.

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amazura
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August 09, 2018, 05:01:38 PM
 #175

To bring out the money for money is simply not given to bankers, but they can go along with the crypto currency. But in general, I think they will make a uniform standard of payments for the whole world.
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August 09, 2018, 05:03:16 PM
 #176

Yeah, this is the real world, Nowadays, fiat money, printed money, and other types of money have their own regulation. They should be brought in their wallet and use the credit card or debit for transaction and many others cards. However here, the presence of bitcoin and other cryptocurrency is actually a new way to ease the transaction. However, not all fields can accept this position because many people and regulations are still not accepted the crypto.

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August 09, 2018, 08:34:42 PM
 #177

Well, you're optimistic... or pessimistic, hmm. What a difficult moment. But such an outcome would be utopian for crypto enthusiasts.
kipo
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August 09, 2018, 08:36:54 PM
 #178

I agree with this. I have heard about this possibility and think that this is a good idea. I think that it is possible and I can say that such opportunity makes me happy as I am against fakes
sexylady13
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August 10, 2018, 08:16:40 PM
 #179

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 also agree that it is better to use cryptocurrency than Fiat. But cryptocurrencies have a lot of problems.And the main one is a strong volatility and lack of regulation.When it decides to-then you can return to this subject.

There's no point in using cryptocurrency for the daily purchases. I don't know people who use them in this way. The tight symbiosis of Fiat and cryptocurrency or debit cards for USD together with BTC and ETH are more possible. That's what makes cryptocurrency the global means of payment

trudovik
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August 10, 2018, 08:20:05 PM
 #180

Well, you're optimistic... or pessimistic, hmm. What a difficult moment. But such an outcome would be utopian for crypto enthusiasts.
So that you do not have in mind about what and how correctly applies to crypto-currencies, I think that all the same fiat money for me is already the second grade, which will very soon disappear. I believe that the crypto-currencies have the full right to use instead of fiat money
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