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Author Topic: Are you sure crypto is the future currency?  (Read 2414 times)
isaac_clarke22
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January 21, 2020, 05:19:18 PM
 #121

Uhmm. Yes?
We already got Bitcoin to take care of that.
I gotta disagree when you're gonna say that all cryptos are meant to be future currency though. They all aim for different things. Some are for investment, and some are for currency. Bitcoin covers both.
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January 21, 2020, 05:31:53 PM
 #122

Uhmm. Yes?
We already got Bitcoin to take care of that.
I gotta disagree when you're gonna say that all cryptos are meant to be future currency though. They all aim for different things. Some are for investment, and some are for currency. Bitcoin covers both.
very precise. for me personally if for the whole cryptoqurrency I am not sure about that, but if what is meant is bitcoin then I believe if bitcoin can overcome that problem in the future. for now it's better to be a smart user and take advantage of what has been presented to you about the crypto industry., including bitcoin and crypto are used for investment tools.

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January 21, 2020, 06:31:37 PM
 #123

I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.
Well I can't say no, but it is possible. Everything takes time and effort in order to be recognized, and I think bitcoin with the altcoins out there are still too far in proving themselves to the world (although I believe that it will happen too, some time). People needs more knowledge in order to accept great things like cryptos most especially the governments of each country for all we know that their acceptance is a must in order for cryptos to be fully used worldwide.
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January 21, 2020, 08:51:44 PM
 #124

Crypto will soon do to bank what Telephone did to post office. Ofcourse, the world is gradually revolving around the advancements of blockchain. Cryptocurrency is one of the major revolutions brought by blockchain. Watch it become the future of currency and Decentralized finance.

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January 25, 2020, 03:56:25 AM
 #125

In my opinion, countries of the world would prefer to have their own cryptocurrency which would be a replica of the national currency and give the government a full control of the currency dominance in the country. There's a possibility that each country cryptocurrency could be exchanged with more popular cryptocurrency like bitcoin and ethereum, and possibly other national cryptocurrency.
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January 25, 2020, 05:15:46 AM
 #126

Crypto will be future currency if it is managed properly like fiat. Because of privacy it will create lot of scams and give birth to crime. It can make world economy unbalanced because whales will move the market as per their choice. Then governments may ban it and never release their protection.
We don't know if crypto will be the future currency in all over the world because at the first place it is very early to judge and predict it especially that cryptocurrency has a lot to develop in order to be stable in many terms and conditions because we all know that many countries and their governments are not in favor on it so it is very hard to say that it will be the future of our currency but we can't deny the fact that cryptocurrency has a lot of possibility to become one of it in which it can really be our future in terms of currency especially in digital which means not in paper money.



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January 25, 2020, 05:25:11 AM
 #127

I know bitcoin has been phenomenal but I'm still not sure if bitcoin needs to be the currency to replace the fiat function
currency in all countries has grown even into history I don't think I will accept it if it is abolished and replaced with bitcoin

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January 25, 2020, 06:40:05 AM
 #128

I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.
Do you think it will be that easy to use? Will governments around the world let this work properly? So, what role will fiat money play in this economy? Remember, the forex market has an estimated market cap of trillions of dollars, and now crypto is just a digital asset with just over $ 200 billion. It has so many differences. Besides, nobody wants to hold an asset that can be easily manipulated like cryptos. You should not fantasize about crypto being a common currency.


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January 25, 2020, 07:40:43 AM
 #129


Indeed know-a-days we are using crypto for purchasing food, cloths, goods, cars and many more. Time to time crypto is spreading in our society. Most of people are adopting crypto in their daily life to transact as fiat money. In this view we can say the crypto future is bright as we are looking its adoption in the society.   


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January 25, 2020, 01:12:46 PM
 #130

I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.
I can't completely agree with you that you are thinking cryptocurrency will be the currency of the future. I think cryptocurrency can't gain or hasn't support from all country all over the world. Either you have to privacy let gone or all country can't support this currency.
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January 25, 2020, 01:52:31 PM
 #131

if you say as a substitute for a currency that already exists it's still far away. But if it is said to be a digital asset for now and then yes I really agree. Because replacing the real currency with a digital currency such as crypto requires new readiness and order for each country that has organized and organized their economy with existing printed money. Not to mention the global financial exchange, for example, the USD was replaced by BTC, would it not be chaotic in this world

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January 25, 2020, 02:58:14 PM
 #132

No, I am not sure yet. How cryptocurrency will be the future currency? We have been talking this for years but look we are at the same place, still, many countries don't accept crypto as a legal currency! So, in future cryptocurrency may be accepted by every country but that future is not soon!
Realistically when we think now it might be a difficult challenge to expect bitcoin to be used in the future, but anything can happen as long as it is still possible. the biggest challenge of using bitcoin on a mass scale is the regulation of government in a country, without regulations the use will not work

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January 25, 2020, 02:59:58 PM
 #133

I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.
I can't completely agree with you that you are thinking cryptocurrency will be the currency of the future. I think cryptocurrency can't gain or hasn't support from all country all over the world. Either you have to privacy let gone or all country can't support this currency.
You guys are missing a lot of point here. Most of us see potential in cryptocurrencies surpassing fiat money itself. And this vision is slowly but surely being realized over time. More and more people are engaged in cryptocurrency investing and most of us are into this because we saw this potential and we are happy to support it. It wouldn't be the next currency after fiat is support is not there, that's why we're doing all we can to push through.

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imstillthebest
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January 25, 2020, 03:02:26 PM
 #134

No, I am not sure yet. How cryptocurrency will be the future currency? We have been talking this for years but look we are at the same place, still, many countries don't accept crypto as a legal currency! So, in future cryptocurrency may be accepted by every country but that future is not soon!

me too im not sure while other people are too much confident with it and always keep saying that crypto is the future . yes your right , we'v been talking crypto for years but there are already improvements . the improvement could be the adoption and the price of course ,also the updates and patches like halving , forks and things like that . its been over 10 years and more i guess , so dont expect too much.  watch till btc goes for more years and decades and you will see its true potential
junkerr
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January 25, 2020, 03:02:43 PM
 #135

No, I am not sure yet. How cryptocurrency will be the future currency? We have been talking this for years but look we are at the same place, still, many countries don't accept crypto as a legal currency! So, in future cryptocurrency may be accepted by every country but that future is not soon!
Realistically when we think now it might be a difficult challenge to expect bitcoin to be used in the future, but anything can happen as long as it is still possible. the biggest challenge of using bitcoin on a mass scale is the regulation of government in a country, without regulations the use will not work
maybe that won't happen. but I think the payment system uses crypto and there is no longer fiat money in the conventional market as a means of payment. it is possible that in the future every country will make their crypto so that they will not spend much more funding to print their country's fiat money.

Kambal2000
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January 25, 2020, 03:11:22 PM
 #136

We just don't know the exact year, but for sure that the future currency will be cryptos, right now we are just in the stage of adoption, we are still in the era that we cannot live without fiat or paper money, so for me we don't need to be in a hurry at all and we just need to help crypto to be adopted all over the world.

radjie
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January 25, 2020, 04:20:13 PM
 #137

cryptocurrency can be the currency of the future provided there is special attention from most countries to formalize its use so that it can be used as an alternative transaction tool that can be used for official digital payment alternatives without pros and cons because it must be discussed globally if this technology is feasible to be developed for use as an alternative payment transaction tool without having to completely eliminate the existing fiat functions
onyek16M
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January 25, 2020, 04:35:48 PM
 #138

cryptocurrency can be the currency of the future provided there is special attention from most countries to formalize its use so that it can be used as an alternative transaction tool that can be used for official digital payment alternatives without pros and cons because it must be discussed globally if this technology is feasible to be developed for use as an alternative payment transaction tool without having to completely eliminate the existing fiat functions
agree with you, i am optimistic that crypto will be future currency but the first before it happen need to goverment make legal crypto after that using cryptocurrency to payment and accept crypto by payment, the core of this case admit crypto to using by people in the country it will make people who not about crypto will learn more about cryptocurrency and use it then make crypto as future currency

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miklesm
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January 25, 2020, 05:08:11 PM
 #139

Cryptocurrency already has many features is to compare with traditional money, so - yes, I think it is a currency of the future. Start to use it now and become one of the early adopters of the money of the future!
k@suy
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January 25, 2020, 05:13:20 PM
 #140

Cryptocurrency already has many features is to compare with traditional money, so - yes, I think it is a currency of the future. Start to use it now and become one of the early adopters of the money of the future!
If you will gonna ask me I think that the cryptocurrency cannot replace the fiat in the future because there are a lot of things that the fiat can do but crypto cannot like for example in money lending and also accepting collateral things in return and also an assurance that the person who lend the money will pay on time because of the collateral.
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