How do you see cryptocurrency 10 years from now?

[iqlimasyadiqa]

10 years is a long time, I see this as a very significant change. the development of digital currencies will grow rapidly and changes that will occur so drastically. In the next 10 years there will be more facilities and technology growth will be more rapid. thus the growth in the use of digital currencies can be concluded that it will experience a very significant increase compared to the present.

[EdenHazard]

It will happen if government hasn't been capable to take care of the economic system in its country. As you can see know when many governments always fight to the grow up cryptocurrency especially in my country. They fight when some people try to use cryptocurrency as payment system because money papper has been made by them as state identity. I'll have a bit confidence that cryptocurrency to be use as legal payment system in all countries and even change the utilize money fiat because government will never allowing it happens.

[Falgorn]

So far we can not definitely say what the cryptocurrency will look like in ten years. For ten years, the cryptocurrency should change greatly. On the one hand, it now continues to develop very rapidly, and on the other, it is still far from perfect and universal in connection with its relative complexity of use.
During this time, states should have already decided on its legalization and establishing the order of its circulation on the territory of all states. Therefore, the infrastructure for using cryptocurrency as a means of payment will already be sufficiently developed. There are, of course, other scenarios.

[carlisle1]

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 probably there will be a huge change not only in the cryptocurrency market but also with the adoption of most country with crypto. also there might be new cryptocurrencies that could enter the competition with other popular coins. the development of cryptos will sure continue up to the future but I still don't think that fiat will be gone at that moment. I believe that crypto and fiat will still coexist because people will still have a different perspective and there will still be a community that will be against our community.

[PlusOne88]

Perhaps there is a chance that money will be gone as it needs trees for the paper that is probably if the world is deforested of trees. Cryptocurrency or digital money might rise to replace it. But think of these, it wil not be because bitcoin or any other altcoins have replaced it, there is little chance that a decentralized system will be under the governments rule. People who want to be anonymous would opppose it. The possibility could be that the digital money at that time will be the value that the paper money holds and it will be regulated. The government is always monitoring movements of money as it may affect the national economy. So for this reason there might be a new cryptocurrency to represent physical money. And it might not be just ten years from now. Maybe far into the future.

[Wilhelm]

I saw a thread that most currencies need 100 years to mature.
In 10 years we will be at close to a quarter of maturity.

I believe that Bitcoin will still mostly be interesting for traders.
However it will also start to become one of the major payment systems for international online trade.
Volatility will still be there but it will cost you less than going through the banking system.

Old fashion cash will be replaced by bank based digital currencies (more debet/credit cards) however not Bitcoin.

Legislation around Bitcoin (and crypto) will be clear to everyone making it as normal as having physical gold.

In 10 years Bitcoin will hopefully be moving towards $1M

[kateycoin]

Maybe after 10 years cryptocurrency are more development, the price in the market is good and more company, country and people will adopt the cryptocurrency in their lives. We all know that the technology now is more useful in every people and I think cryptocurrency is also will be more useful after 10 years from now.

[TalkStar]

Basically crypto currencies future development totally depend on its community. If worldwide crypto community spread its use, acceptation, adoption then its easy to say for anyone that crypto currencies have a bright future. From my vision i hope within next 10 years cypto currency will take a major place on our everyday life. World most of the investor and companies will continue their work by accepting crypto on each and every sector of their business. There is a huge chance to see a crypto surrounded strong economy in next 10 years IMO.

At least we are going to see massive crypto acceptation within a short time which is gonna change the whole scenario very soon.

[shesheboy]

I saw a thread that most currencies need 100 years to mature.

100 years ?  No i dont think so  .  its been over 10 years and alot of cryptos are now doing a good job  . i can safely say that they are already mature most especially bitcoin because bitcoin is already recognize by most countries and most people  .

Volatility will still be there but it will cost you less than going through the banking system.

Yes the volatile nature of cryptos wont be remove because that is what makes crypto unique and attractive  but when the demand is high , the price also rise and the transaction fees will be slightly expensive as well

In 10 years Bitcoin will hopefully be moving towards $1M

Its possible to some countries that has a high exchange rate ( usd to local currency )   but from others , no idont think that it will be equivalent to 1m usd   

[Jeka73]

If you were asked 15 years ago what the internet will be like, you wouldn’t have even guessed it.
And with the cryptocurrency situation is even more incomprehensible.
Perhaps we are pilgrims in this matter. And maybe losers.

[Slow death]

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?

I agree that in the distant future we will not see paper money, but this is something that will take many years, maybe 50 years or 100 years, let's give an example of my country:

Look:



it will take many years for my country to be very developed and have formal markets with very good conditions for sellers, and it is only after that that the sellers of my country began to adopt the new technologies. This is a long process. I do not know if in 50 years or in any year bitcoin will be used more frequently by all the people of the world as the best payment method

[maxreish]

I have a positive outlook for the cryptocurrency after 10years. Cash will be less priority and digital payments are most prioritize that time. But this is just my own opinion, we can still can not say what will happen in the future since there are so many critics of cryptocurrency. They said that it cannot replace fiats because it lack of characteristics.
But i have a strong grip that cryptocurrency will have a better future.

[Clark05]

It will not erase because money is we need still for sure after 10 years. Crypto is good for me but money is really needed to use everyday and we know that and we cannot replace it and they have many disadvantages of that even they have a lot of advatanges but we need to know first the result incase that happen. Thing better for the crypto is not good as long as we cannot having problems in the end.

[matchi2011]

Maybe after 10 years cryptocurrency are more development, the price in the market is good and more company, country and people will adopt the cryptocurrency in their lives. We all know that the technology now is more useful in every people and I think cryptocurrency is also will be more useful after 10 years from now.

It will surely be more developed and more adopted after 10 years, with how we see the market growing, it's giving us the directions where to follow
the economic growth of this currency, we will expect more people to be involved both from all the sectors of people around the  world, we do witness
the success and not for being an investment tools but a system that will help the society.

[djsugar]

Cryptocurrency definitely have a future. Fiat are going away within a decade or so. With technologies and advancement, in future, we will change the way we transact and none other than cryptos will replace it. But in what form, cant be said at this particular moment. It could be government backed or our good old bitcoin.

[hahay]

In the next 10 years, it seems that the growth of cryptocurrency will grow further, but to erase the fiat currency I think it will happen in the future and still need more time. If digital payments have become the main thing in the future, which means there is no more cash to use in each transaction, then it seems like cryptocurrency will take over in such a system which has far better advantages.

[crzy]

It will be available in every country, more people are getting involved in this market and its price will become expensive. 10 years is too long, maybe in the next 5 years we will start to see a more open minded people where they easily adopt cryptocurrency. We are far from this but it will going to happen if we continue to believe.

[exstasie]

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!

This is a really difficult question. Fiat monies haven't existed very long (only a matter of decades) so it's difficult to say how things will end up exactly, and on what timeline. Surely currencies like the USD appear unsustainable but if it collapses, it's not immediately clear whether the fiat system will be scrapped entirely or the currency gets relaunched.

Currency collapses are essentially crises of faith and we can't know for sure whether faith in fiat money will be shattered entirely. Gold bugs and the like are always so confident fiat money will go the way of the dodo (and quickly too) but I never underestimate the ability of the financial system to keep sustaining. After years of expecting doomsday to happen tomorrow, I realized the gold bugs were totally wrong about how long it would take.

And when fiat monies are replaced, it'll be interesting to see whether we see a return to commodity-backed money like the gold standard, or a move towards cryptocurrencies, or something else. Who knows?

[gamer4156]

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!

No doubt crytpo currency will be the future but crypto currency needs BTC and ETH like currencies. I think only top 50 crypto currencies are real and they have real investment, remaining currencies have fake or time being investments in them. I know many crypto currencies they were very active in coinmarketcap but now they are not even in the list. RKT is on of them. Solid project like BTC and ETH will be more helpful to replace the fiat.

[Shinpako09]

I agree that crypto will be the future but I disagree that fiat will get erased soon. Also 10 years is still short for such erased thing. Fiat will always be here eventhough the adoptation grows in the near future. What I expect 10 years from now is a higher bottomed will be recorded as the price sets a higher ATH.