How do you see cryptocurrency 10 years from now?

[avxchange]

Hey guys,

I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?

Thanks!

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[BlackPanda]

Hey guys,

I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?

Thanks!

it is certain that in the next 10 years there will be a huge change in the development of digital currencies. the application of digital currencies will be increasingly widespread because of the development of facilities and infrastructure used to conduct financial transactions with digital currencies. At least that in urban areas will begin to implement digital currencies and I am sure that the online market industry will be increasingly aggressively implementing digital currencies.

[anu1908]

i don't believe fiat will be gone completely in our future, they might co-exist but not completely disappear. there's too many system that depends on fiat like government monetary policy, and so on. erasing them completely will render government to lose its power especially if they want to 'conquer' other countries economics. on top of that, crypto is not really suitable for daily transaction in local place imo, fiat or coins is quicker and better for that, no need for node and so on.

[minersday]

In the next 10 years, the crypto ecosystem will a lot of real people who truly understand the purpose and the benefits presented by cryptocurrency. A lot of the current crypto coins which are very volatile in 10 years to come will become some how stable and about 40% of the world population will be using cryptocurrency for their daily transactions for goods and services. I also believe that in 10 years to come,  cryptocurrency will be very easy to use compared to now.

[mk4]

1. Higher prices on the more reputable projects
2. More shitcoins
3. More bitcoin forks(whether we like it or not)
4. More adoption
5. More bans
6. More exchange hacks
7. More FUD

It's pretty much very difficult to have a guess on when bitcoin or cryptocurrencies in general will be globally accepted. It could be in 5 years, and it could be in 50+ years.

[dothebeats]

I can pretty much see it booming and being used in a majority of transactions whenever possible and just existing side-by-side with fiat and not literally revamping the whole financial system. Merchants would soon realize that cryptocurrencies are in fact a viable payment method and governments would have then created regulations and provisions for the betterment of the cryptomarket and its relations with e-Commerce and the financial markets as a whole. Though the future in my opinion is bright, I just couldn't see it (cryptocurrencies) being able to compete against fiat for financial services such as loans etc.

[Erickan]

Although I believe crypto will develop in about next ten years, it is only subjective thinking, everything can happen. I also don't think fiat will completely disappear in the next ten years, it is a blatant thought and a lack of basis. Fiat has existed for centuries, removing it completely is very difficult, I think fiat is also very good if it and crypto support each other.

[Ailmand]

Hey guys,

I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?

Thanks!

10 years from now, we can expect that cryptocurrency adaptation is higher compared to how it is today. We can see more innovations and development in the blockchain and the whole crypto market. I don't see crypto replacing and completely erasing fiat, it might be accepted as an alternative mediun of exchange like debit/credit card.

[traderethereum]

It will depend on the government itself. If they don't try to accept cryptocurrency, then I think we need more than just 10 years, and we can't see cryptocurrency will become the next payment method.
But if this year or in the next year, all government decide to accept cryptocurrency, then it will no need to wait for long to see cryptocurrency will be used as the new payment method beside of fiat.
And I don't think that fiat will disappear because of cryptocurrency, but I think fiat and cryptocurrency can work together to support the country itself.

[tegarp90]

Hey guys,

I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?

Thanks!

It must be the only digital currency alive in this world, because the decentralized system which is loved by many people.
But i'm not sure it will be bitcoin on the top of the list, i feel something new and more useful will coming at the future

[MMS2017]

In my opinion cryptocurrency is the new modern era currency and just like paper money we can use it for various purposes and not just this but we can withdraw this cash as we need where we want so in future this currency will be more competitive currency than fiat.

[senin]

Hey guys,

I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?

Thanks!

Cryptocurrency will undoubtedly continue to evolve over the next ten years.
 It needs to be very easy to use in order to bring it closer to being used by an ordinary person. While it still represents a certain difficulty in use, and especially in need of professional protection. However, it is still impossible to say what will happen to cryptocurrency in ten years. This is too long. Cryptocurrency changes very quickly every year.
While it can be said that cash during this time will not disappear. It is unlikely that they will disappear in fifty, and in a hundred years. In any case, the cryptocurrency will not cause the disappearance of cash. Cryptocurrency can not force cash out of circulation.

[Caladonian]

For me, it will be depends on how the community acceptance will be, if crypto currency will be supported by many people the existence will continue and the popularity will make the difference, adoptions and usable system can be determined when more establishments and businesses will start supporting this new ways of crypto currency, we will continue to see the never ending sways till we see mass adoptions all over the globe.

[The Cryptovator]

You can imagine it easily, just think about TEN years back, how had you seen crypto-currency? Then you will get answers how will you see crypto-currency after TEN years. There will more advanced technology and we can expect more improvements & revolution after TEN years. We have seen current technology is more advanced and faster from beginning. So I am thinking positive, crypto-currency will gain financial revolution upcoming days. We would see a strong crypto-currency community and supporters. So I will suggest, hodl as much as possible for upcoming days.

[jakelyson]

Hey guys,

I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?

Thanks!

Ten years is too quick. Bitcoin and cryptocurrency will need more time to be able to erase fiat. See, it is not just fiat that you are fighting here. If it was not backed by a government, yes, ten years is more than enough. You will be fighting governments here. And they will not easily give up their precious fiat.

[kamBlanV]

we can't be sure of that. the crypto trip just started. so. the public must learn to adapt with crypto volatility. some people are still afraid of crypto. negative assumptions about crypto still spread in the public.

[Yaunfitda]

Hey guys,

I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?

Thanks!

I don't think that fiat will be obsolete in the future. Crypto's objective is not to bring a demise of fiat, but to help people gain financial freedom and to get away from any third party.

That's why I still believed that both of them can co-exist in a environment wherein the people will be in a win-win situation. So I don't think that fiat will be gone and be replace by crypto, imho.

[MostafaGamal]

Certainly the expectation is difficult
But based on what has been seen before, digital currencies can disappear in return for the emergence of new technology more flexible and easy and have special currencies
and it is possible that digital currencies will continue and eliminate paper currencies
But my expectation is that the currencies will continue but we will see only 200 or 300 currencies only who have projects

[Haunebu]

Another thread stating that BTC will replace FIAT. Seriously people? How in the world do you expect everyone to simply abandon FIAT and move on like it is nothing? This will never happen.

Bitcoin and other crypto were developed as alternative payment sources and nothing else.

[Bitinity]

Hey guys,

I was watching some documentaries the other day about our monetary system. I'm convinced that crypto currency is the future money and fiat currency will be erase in the future. How long do you think can it take?

Thanks!

I answer is still the same, it wont happen till the end of this world. Crytpo wont replace fiat globally, there are many countries does not accept crypto as real money because of its volatility while some countries has their own rules that a currency should have stable value to be accepted as real money.