Crypto money will kill fake money

[tillerthekiller]

Not until they are made to be more user friendly. Right now the barrier for entry is fairly high and retailers as a whole are avoiding crypto. Now there are some exceptions but even those companies probably regretted collecting payment in BTC during the winter months early this year. I think in the long term and as a whole, yes it will take over but we aren't close yet.

[carlisle1]

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 think crypto is created to be a bridge between traditional systems and the digital economy, not to replace the entire financial system. Because if crypto starts to replace the currency, there will be no more speculation that will make this industry fluctuate.

Op didn't mentioned anything about replacing physical currency,what he said is this will kill the fake money or counterfeit currency in which i do believe so,because if people don't often use physical money then the opportunity of being victim of fake one is lessen,and from that many will save their money and soon this fake money creator will get tired on this illegal activities

[elenka n]

Fake money has always been made and will try to do even in the field of crypto-currency...

[sunshinelavapie]

a good idea I think that could happen in the future. Crypto can be accepted by the nation and widely used.

[Aizhen05]

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.

For my opinion bitcoin is created to connect the tradition ways and the modern way of transaction. Fake money is also like a form of scam in the cryptocurrency world. It can be a money balance to regulate the number of money will be printed but not to regulate the fake ones since it can be answered by the cryptocurrency.

It's true having a fake money is like a form of scam and we can't deny that it's part of our lives sometimes we encounter it.
Scam is everywhere and i think there is no way to stop the scam in the world of crypto and even in a real world.

[secdark]

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.

We knew already how secure and convenience cryptocurrency, its technology and its great innovation reay helps a lot in our existing ecommerce industries and individuals who are in the internet world. But not totally this kind of technology can prevent and kill the counterfeit money production because not all individuals do believe in cryptocurrency and not individuals have their own computer and internet at home especially in the remote areas where their is lack of information technology.

[boolog]

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.

This is really a good argument for cryptocurrencies. With crypto money, there can be no more fake money. I have not really thought about that before.

[Appiah95]

Although bitcoin and the blockchain technology have a lot of advantages, I do not like the idea of bitcoin replacing fiat completely because of the volatile nature

[BogdanGFTP]

Cryptocurrencies do not have a good infrastructure for solving issues for billions of people yet. Fiat money are very useful today and I really do not know why should I use cryptocurrency instead. To build that infrastructure not only one decade needed.

[ABMARK]

Fake money will exist until there is fiat money. Cryptocurrency especially bitcoin can be a global alternative currency but it won't be able to take place of fiat money. There are many restrictions.Fake money will exist until there is fiat money. Cryptocurrency especially bitcoin can be a global alternative currency but it won't be able to take place of fiat money. There are many restrictions.

[UIXID]

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.

Do you imagine what will happen if your phone breaks or you can not charge it. Personally, I'm not against any methods of payment, either electronically or in cash. Let everyone decide how convenient it is for him.

[Hoho29]

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.

Absolutely true . I have no doubts that bitcoin  + alternative coins (good coins only) will be new payment gateway for next generation perhaps we will touch the start of official banks open door in general to exchange bitcoin in near future . 

[CryptoAlphaStar]

It will when you convince your grandma that crypto money is not the fake money. I believe for the next 50+ years, we will have both fiat and crypto existing and being used like 50/50.

[Nucular]

You're talking about counterfeit money? How would crypto kill counterfeit money if the counterfeiters will still be able to pass if off as real money to unsuspecting people? If you're saying that people will stop using cash, why would the average person stop using cash when crypto is so volatile?

And even if a large portion of people start using cryptos, will the US government say we give up, we will no longer accept the dollar?

[oseikuf44]

Bitcoins is not going to be the solution of fake money because with the existence of bitcoins fiat currency will still exist and converting bitcoins to fiat can still lead to fake money.

[Tosterg]

Until they become more user-friendly. Right now the barrier to entry is quite high, and retailers generally avoid cryptography. Now there are some exceptions, but even those companies probably regretted collecting payments to BTC in the winter months earlier this year. I think in the long run and in General, Yes, it will take more, but we are not close yet.

[Woukak]

It is true that counterfeit money is a form of fraud and we cannot deny that it is a part of our life, we sometimes face it.
Scams are everywhere and I think there is no way to stop scams in the cryptographic world and even in the real world.

[Reid]

Actually credit cards are being copied a long time ago and they cannot stop that.
Same with ATM or debit cards. That is why they made some adjustments with that bronze thing that is in it or they call it "smart chip".

Somehow they think it could stop the fakes that are being made or for customer security.
One of the perks of bitcoin is also to prevent that from happening over and over again. There is no fake bitcoin just copies like BCH and other altcoins but they have their own part on the blockchain.

[Omooba098]

This is absolutely true that crypto money will eradicate fake money but every good thing has its negative side, you might also be scammed of crypro tokens.

[Neutrality]

I strongly support this position, but I have that point that the question of safety is still open and we still do not have that perfectly working on-line system everywhere.