Are you sure crypto is the future currency?

[Princeofpoetry]

Anything can happen, but what about fiat money? What about the banking system? If crypto is used as future currency, who will control it while the crypto is decentralisation?

[jostorres]

in order for the cryptocurrency to be used around the world, we will need a lot of time. Now we are not technically prepared for mass use. for the ordinary people to use the cryptocurrency, it must become convenient and quick to use, but now only some coins that are centralized have it, and governments and many other people do not want to trust their money to some unknown people who can manage the future of their project

Crypto world is still at the initial stage of mass adoption. There are many technicalities and procedures that must be met before the assets are introduced to the whole world. A decentralized crypto can never be the official currency of any country. If one day the government decides to go all digital, they would create their own digital currency with a centralized system. This will only eliminate the traditional payment way (cash) and digitalize all transactions.Everything else will remain the same.

[VictorProsh]

Anything can happen, but what about fiat money? What about the banking system? If crypto is used as future currency, who will control it while the crypto is decentralisation?

Do you really want someone to control your personal finances so that they can be seized or seized by the state? Or as Satoshi Nakamoto wrote in his white paper. He wanted to give each person their own bank in hand. He wanted to save people from the problems of trusting third parties. And most certainly, he did not want your assets to be seized by the decision of the state authorities or so that you have tax liabilities in the event that the price of the asset increases. The assets were seized by the decision of the government authorities or that you have tax liabilities in the event that, if the asset price increases.
https://t.me/gen_m/994

[chikading2016]

Well as what i have observed we are now slowly turning into cashless society with the used of cridet card ATM card etc,. So i think the future will turn into a cashless based payment there are great posibility that the future will used more on crypto than fiat based on what i have seen and observe.

[daniahya]

Anything can happen, but what about fiat money? What about the banking system? If crypto is used as future currency, who will control it while the crypto is decentralisation?

I think fiat money will never be replaced by crypto, I think cryto will be used for investment only and for transaction needs as well because cryto can save time, not to mention the cost of using cheap relative cryto compared to fiat money

[WalkerIVIV]

Until any other currency that is widely accepted, used and digitalized comes up, crypto is still and will continue to be the future currency. The countries banning it will fall in line soon, give it time.

Most of countries will have used blockchain in the future and the crypto currency will be adopted by all of people too. Crypto needs to time to do a development to create more and more good products to be used by people.
A lot of countries started to adopt crypto and legalize it as a secondary payment system

[Mpamaegbu]

Recently, Binance has taken a huge step towards popularizing the crypt around the world by announcing the release of its crypto card. You can use it to pay as easily as using a debit/credit card. A recalculation from crypto to Fiat occurs at the time of payment.

Definitely, a lot of us and the financial institutions knew this was going to happen and that it was just a matter of time for its actualization. The banks and all anti-crypto fanatics erroneously think the crypto industry was coming to impoverish them by taking away food from them by eliminating everything middlemen and the endless bank charges. Thus, the so much belligerence towards cryptocurrency. But what they haven't realized yet is that the only constant thing in life is change. Cryptocurrency makes it a lot easier to do transactions. My skepticism in all of this, however, is how regions/countries without electricity and the internet are going to cope with this phenomenon.

[Crypto_lion]

As much as I like crypto currency to be used as a more nomalform of finance, I think we are still some way away from it happening.sure it's happening but I don't think it is gonna replace the existing Fiat system.

[Samayuki]

Crypto can't kill Fiat but they will co exist for sure, in future many people will embrace Crypto simply for profit making more than payment solution, I know that crypto payment solution means better mass adoption but things will be slower on this side

[mexite]

Cryptocurrency is the future of digital economy but I don't see governments ceding their power to the masses or some fintech projects. They'd rather migrate fiat to blockchain too and create national digital cash. Even now, we have thousands of cryptocurrencies, most if which are iterations/copies of existing products. I think we need DeFi tools that make it easy to access opportunities loaded in this future.

[josgandosbro]

I agree with you, I also see the development of crypto which is getting wider and crypto as well as a practical payment, of course this will attract some countries to use crypto, I also predict that if in 5 to 10 years 80% of countries will use crypto

[Princeofpoetry]

Do you really want someone to control your personal finances so that they can be seized or seized by the state?

Not. I want to have my own personal finance without anyone controlling it.

I think fiat money will never be replaced by crypto, I think cryto will be used for investment only and for transaction needs as well because cryto can save time, not to mention the cost of using cheap relative cryto compared to fiat money

I think so, crypto is always a good investment to get money. I agree that fiat and crypto supporting each other are not replaced by anything.

[key4co.in]

I agree with you, I also see the development of crypto which is getting wider and crypto as well as a practical payment, of course this will attract some countries to use crypto, I also predict that if in 5 to 10 years 80% of countries will use crypto

You mean 80% of countries will legalize/regulate the use of crypto or just using it, because most if not all have people who use crypto. Even if a country places ban on crypto, some people must surely still use it. Talking about crypto been used openly for transactions in future, it will require a lot of regulations since governments will want to protect their citizens due to risk and increased cyber crime rate attached with the use of crypto. I'm a die hard Bitcoin enthusiast, slowly but surely the world will see how great BTC is.

[BestEarningTips]

The maximum countries in the world are against crypto now or they don't want to talk clearly about crypto. So it will come in the future but it is not so near to now. we need to wait for some years.You should keep one thing in your mind that the world is going to more advance digital Era, nowadays people converting their businesses to online.I think yes' because in the legal age this is also popular as a future currency, actually through the cryptographic system it helped a lot with the bounties to sustain when the community quarantine was implemented by the government.

[ven7net]

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.

Personally, I see that cryptocurrencies in the future may well become a replacement for money and become a future currency. However, you need to understand that for this, the technology itself must be adopted on which cryptocurrencies work. It is also worth understanding that even if cryptocurrencies become new money, then each country will have its own official cryptocurrency. Those cryptocurrencies that we now know are more like a trial version of launching both technology and cryptocurrencies as money. In any case, we need to hope for the best and follow the world news related to finance and cryptocurrencies.

[ancafe]

I agree with you, I also see the development of crypto which is getting wider and crypto as well as a practical payment, of course this will attract some countries to use crypto, I also predict that if in 5 to 10 years 80% of countries will use crypto

since the beginning of crypto has a price, most of the crypto functions are used as a transaction tool. it's just contrary to fiat, and many countries forbid using crypto as a transaction tool. so far, I have not heard information that the government supports crypto as a transaction tool because it might be detrimental to the government. Well, if it can, then it will take quite a long time for a crypto to be used as a transaction tool.

[SistaFista]

Cryptocurrency can become the future currency if there is no scammers using crypto to scam people freely.
Scammers can make people afraid to using crypto and prevent massive adoption in crypto.
If people can use crypto with ease, im sure cryptocurrency will become the future currency.

[adekogbe]

Cryptos will to be sure be the most favored computerized money on the off chance that we get mass adoption yet I don't think any nation has made crypto as it's authentic cash aside from the way that Venezuela made a feature that they will launch their own crypto named Petro. There is as yet far to go for crypto to be utilized simply like some other online installment strategies

[0verseer]

I can see there are two group people when it comes to believing in the future of crypto as a currency. One doesn't really believe in it but since crypto is so lucrative so they using, trading it. Other is really believe in crypto as the currency of the future. I think I was the latter.

[Anish02]

I am really excited about looking forward to how the cryptocurrency would replace the fiat in the future. Because many countries have supporting cryptocurrency and that's a good indication for the crypto users. In this digital era, you can see many crypto-related stuff are working in various countries. So future of crypto would be extremely incredible.