Are you sure crypto is the future currency?

[XCANA]

not all cryptocurrencies will become future money, maybe only some of them will be used,
and others will become assets, currently only Bitcoin and Ethereum have becomepayment on some sites.

So far we are doing great eliminating the bad actors of this industry but unfortunately, investors are losing money because of this scam projects, cryptocurrency is the future I am 100% sure of that, and I agree not all of them I consider coins that are in the top 20 are worth investing others are just fake projects or copies of already existing ones.

More reasons why many investor should always ensure he or she verify a cryptocurrency project before making an investment, things can be seen good when looking at the wrong side of a project but looking generally can be a safe zones. There are coins without case use and those types might not be future coins because they lack case use merit. There are also tons of projects that are copy cats which can't amount to future coins IMO.

[AIF]

Crytocurrency can be the future but it will take alot of time.Many people around the world are into cryto unlike before but the problem is that most countries are yet to legalize crytocurrency upto now because of some reasons like scams and so on . Countries are careful about it so that people will not lose their funds.So it's gonna take alot of time for it to be used and accepted all around the world.

Chinese cryptocurrency will be the first
https://www.scmp.com/economy/china-economy/article/3083952/what-chinas-cryptocurrency-sovereign-digital-currency-and-why

[Genemind]

It might take some time, cryptocurrency has a huge potential to be an alternative medium of exchange since some cryptocurrency is now being used to pay online services, maybe not as much as we want it to be, but we are still on the early phase of adaptation. Mass awareness and government acceptance should take place first and from there cryptocurrency can be considered the same as debit/credit card or fiat which we can use on a daily basis.

[southerngentuk]

I would say definitely not because :

1.crypto currency has a huge usage in mixing money and money laundering, as you see many signature bounties here are about that .

2.it has a huge usage on gambling websites

3.usage in porn website for being untracked

4.usage in the Dark web for nasty things

5.usage for buying drugs

but still the most usage is in mixing and to remove te foot steps , that is why i think it can never be a replacement .

[yeamin.rsl]

In the “Imagine 2030” report, Deutsche Bank suggests that digital currency could eventually replace cash one day, as demand for anonymity and a more decentralized means of payment grows. ... In this report the bank says that cryptocurrencies are currently just additions to the current money payment system.Cryptocurrency  is better than currency… For large transactions, Bitcoin could be easily used
at anywhere without any problems..
So I am sure Crypto is the future currency.     

[AIF]

I would say definitely not because :

1.crypto currency has a huge usage in mixing money and money laundering, as you see many signature bounties here are about that .

2.it has a huge usage on gambling websites

3.usage in porn website for being untracked

4.usage in the Dark web for nasty things

5.usage for buying drugs

but still the most usage is in mixing and to remove te foot steps , that is why i think it can never be a replacement .

crypto yuan currency is already being tested

https://www.coindesk.com/digital-currency-china-central-bank-yuan-tests

[southerngentuk]

I would say definitely not because :

1.crypto currency has a huge usage in mixing money and money laundering, as you see many signature bounties here are about that .

2.it has a huge usage on gambling websites

3.usage in porn website for being untracked

4.usage in the Dark web for nasty things

5.usage for buying drugs

but still the most usage is in mixing and to remove te foot steps , that is why i think it can never be a replacement .

crypto yuan currency is already being tested

https://www.coindesk.com/digital-currency-china-central-bank-yuan-tests

China is a completely different world , where they track internet , money footprints , and I assure you they never let a single leakage in money and they definitely make it trackable, It has a huge population and they must be able to control it nevertheless chaos could happen, I still think Cryptocurrency could never be a replacement.

[ahmia39]

not too sure because now digital currencies such as paypal, alipay and others have a lot of user bases and it seems like cryptocurrency doesn't have a user base like them, but if there are businesses from all cryptocurrency activist countries and there are rules about enforcement around the world I think cryptocurrency can beat them.

True, but many paypal and alipay users are also following the development of cryptocurrency and even they are also involved in it, so this would be great if there were rules about law enforcement around the world for cryptocurrency.

[Kezacky]

I see that now cryptocurrency is more advanced, many large companies have collaborations with crypto projects or adopt blockchain technology, and this makes crypto more known to many people and there are even services that accept payments using crypto.

[GatotKaca]

You can see that the development of cryptocurrency is getting better had dropped in the previous year but crypto never stops making new updates
to attract investors back it turned out that the effort was fruitful the current crypto concept is defi, defi has made the crypto world even better
many investors are interested it could be crypto is the future currency

[bakasabo]

Yes, because this is the technology of the future and surpasses fiat money in everything!

If the technology is the future, dont you think that during cryptocurrency development and acceptance period, technology will come up with something new ? By the time cryptocurrency be adopted everywhere, some new way of payment will appear? Like "time" from the movie "In time". Your life is limited by time, and you can buy/sell/exchange your lifetime in for something

How long it took for fiat money to appear? How long it took people to switch from using see shell, beads, animal teeth, metal to fiat money?
By looking how technology develop right now, there is a possibility that we will step over crypto and use something else.

[Maroons]

Yes, because this is the technology of the future and surpasses fiat money in everything!

If the technology is the future, dont you think that during cryptocurrency development and acceptance period, technology will come up with something new ? By the time cryptocurrency be adopted everywhere, some new way of payment will appear? Like "time" from the movie "In time". Your life is limited by time, and you can buy/sell/exchange your lifetime in for something

How long it took for fiat money to appear? How long it took people to switch from using see shell, beads, animal teeth, metal to fiat money?
By looking how technology develop right now, there is a possibility that we will step over crypto and use something else.

Yes what you have said is possible but not in this century, the world is not that advanced to switch our money to something different and about the question if crypto is our future, i think crypto will still be 2nd to fiat for people are very used to it and if we will switch or adapt to crypto without thinking about the other people who have not encountered crypto yet it will be a unorganized process, instead in my opinion digital fiat will more likely to be adapted by lots of people and now that we are quarantined digital fiat payments are used often.

[slackovic]

Yes, because this is the technology of the future and surpasses fiat money in everything!

If the technology is the future, dont you think that during cryptocurrency development and acceptance period, technology will come up with something new ? By the time cryptocurrency be adopted everywhere, some new way of payment will appear? Like "time" from the movie "In time". Your life is limited by time, and you can buy/sell/exchange your lifetime in for something

How long it took for fiat money to appear? How long it took people to switch from using see shell, beads, animal teeth, metal to fiat money?
By looking how technology develop right now, there is a possibility that we will step over crypto and use something else.

But aren't you selling your lifetime right now while you are getting payed to work your 8-hour job? You could say that you are getting payed for the work you are doing but you can also look at it like you are selling your lifetime (1/3 of every working day) to your employer.

[chikator]

Wouldnt say for now for certain. Crypto is quite unstable for now but we're not for certain in the path it would take since it is hard to be able to tell ever since the start of it. But its not far off.

[Ludmilla_rose1995]

Wouldnt say for now for certain. Crypto is quite unstable for now but we're not for certain in the path it would take since it is hard to be able to tell ever since the start of it. But its not far off.

Maybe what is meant is crypto that has a stable value such as USDT or Ripple which is supported by the government. Crypto that has high volatility will likely only be digital assets that are traded for profit.

[wxxyrqa]

Wouldnt say for now for certain. Crypto is quite unstable for now but we're not for certain in the path it would take since it is hard to be able to tell ever since the start of it. But its not far off.

Maybe what is meant is crypto that has a stable value such as USDT or Ripple which is supported by the government. Crypto that has high volatility will likely only be digital assets that are traded for profit.

If we theoretically assume that Bitcoin in a certain future will reach its next historical maximum and stabilize, then it is quite possible that Bitcoin will be able to replace conventional fiat currencies. Of course, I am sure that the government will resist this trend, But people will be interested in keeping their savings in bitcoin, so as not to lose the value of their money due to the depreciation of national currencies.

[criket]

If we theoretically assume that Bitcoin in a certain future will reach its next historical maximum and stabilize, then it is quite possible that Bitcoin will be able to replace conventional fiat currencies. Of course, I am sure that the government will resist this trend, But people will be interested in keeping their savings in bitcoin, so as not to lose the value of their money due to the depreciation of national currencies.

do you hope bitcoin can be stable? is that possible? After all this time you have seen bitcoin survive in the crypto market and become very popular with its appeal I don't think there is any hope of becoming a stable asset to replace conventional money.
another better alternative is the existence of crypto which is agreed to have a stable value for the transaction tool. I thought it would be wise.

[Henrytrust]

More countries are beginning to understand the benefits of cryptocurrency and several have keyed into it. The level of awareness is much more and in no distant time some countries may decide to include a cryptocurrency as legal tender. I know several individuals and businesses are already accepting cryptocurrency as a means of payment.

[iTradeChips]

What I think is that it would still be a long time before cryptocurrency would be implemented as a form of main currency of the future. Cryptocurrency currently has so many big obstacles like the central banks, the whole financial system of the world. I would say this would take many many years and also a paradigm shift that will happen before all of cryptocurrency will be accepted. I am afraid that we might not be able to see the light of day for crypto being the main currency of the world.

[codpku]

Crypto is the future currency? I believe its just a beginning for new currency in the future
Crypto currency will upgrade day by day and get new improved with new benefit to human
With technology and new project and with internet 5g will make new thing maybe it can change and beat crypto currency someday
But for us who get benefit from crypto
Just enjoy it and try to get profit from this hype
Right?