get ready guys for this soon

[shinratensei_]

In third world countries there will be  cryptocurrency More used as they will Go to last Round  the Last 10 years the lnflation will kill those currencies completely.  
This is the Reason Why cryptocurrency Adoption is biggest there

i think 3rd world countries are the most against the growth of cryptocurrency since they are vulnerable to being replaced by the cryptocurrencies all together thats why many 3rd world country are actually spending effort to ban crypto through their central bank for means of trade, you find some news about it it will appear literally the ones that so harsh against crypto are just coming from 3rd world countries, the first world countries are all taking rather careful steps against cryptocurrencies and instead impose some laws and taxation to improve the country's earning meanwhile the 3rd world country are busy saving their currency from falling further.
its still arguable though but I think if we are talking about crypto acceptance, i would expect 3rd world countries to be the last.
but of course if we are talking about which currency gonna fall its definitely those that keeps printing, without any meaningful growth toward their economy will become disastrous.
i've seen more and more gaps between the value of those first world country currency compared with 3rd world countries nowadays, hopefully things get better though since it might pose risk of financial crisis.

[YUriy1991]

If we look at the current situation where many countries are printing money, to restore the economy. This could lead to inflation
getting out of control and could be a problem for fiat. So there is a possibility that some currencies will die, and only a few currencies
are able to survive. But this scenario is unlikely to come true. Surely the government will do whatever it takes to be able to save
fiat from falling in value due to inflation.

Yes that's right. The government will always exercise control over this, perhaps currently China is lacking in terms of dominating the market but why China is still surviving is because China has a way of cracking down on digital currencies and prohibiting new initial coin offerings as a way to raise funds.

[AVE5]

And my country would never relinquish there currency. I am sure of that. 😆.
But why all the stated given up currencies for?

[Zanab247]

there will be big british pound falling.

Do you think British government will allow such thing to happen now and, if such thing happen to pound to fall in this inflation that is affecting the citizens, don't you know that the citizens will be very unhappy to the government which their government will not allow such mistakes to occur.

You have that believe that dollar will not fall if their government have some issues that will make their currency to fall right, I know is not the wish of every genuine government to allow their currency to fall but sometimes some issues will occur that will make people to experience the fall of the currency in the exchange market.

[NewRanger]

And my country would never relinquish there currency. I am sure of that. 😆.
But why all the stated given up currencies for?

The rise and fall in the value of the currency is a normal thing, in fact if the currency weakens at some point it is also an advantage for business people where the purchase price of goods that are usually purchased used to be high and at that time becomes very affordable, especially if the goods are in high demand.

That's why governments everywhere strongly recommend investing domestically in order to maintain currency prices by buying local products using their respective country's currency because the quality is good and the price is also cheap.

[harapan]

There will be big British pound falling.
I agree with you, during this pandemic many economy of some countries in the world was collapsed, because of covid-19 that cause them insufficient found to carry out their businesses.
For all those things to come to reality, there will be global change that will correct so many things concerning  transaction. Such things will happen soon, because some government are working hard to hard to see it reality.

We've been hearing all of these for a long time,I don't think any of these will be happening,even so let us all be aware,informed and prepared for whatever the future holds for us all instead of laying criticism and failing predictions.
  There will always be another alternative or second thought to solve and amend crisis like this let's watch as it unfolds.

[kryptqnick]

Well, it's been more than a few years, and we can clearly see the op was very wrong. Ukrainian hryvnia is still there, and so are the rest of the listed currencies. Fiat currencies have their issues, but they're such a tight part of the economic and political systems of the countries that they aren't abandoned easily, even when some of them have been failing their societies for several years or more of hyperinflation. It's not easy for a country to abandon its own fiat and to adopt something they don't and can't control (like a proper cryptocurrency). As for CBDCs, they're an option, hypothetically, but still not a full replacement of fiat because, let's face it, a lot of people still need cash in many places, so fully digital money without a cash version can be a catastrophe for rural areas and some age groups, such as children (who can't legally have a bank account) and the elderly (who struggle with digitalization).
A variety of fiat currencies is here to stay.

[Volimack]

Well, the best thing here is that bitcoin will always be ahead of all other coins because it is more profitable it appreciates faster than other coins and it is very easy to profit. It is possible to make a lot of profit here just by investing. If someone invests in bitcoin his wealth will increase several times within a few years which is not possible in any other way or in business it is possible but there is risk in business but there is no such risk in bitcoin. May decrease but there is no reason to fear here. Here investment plans should be done for long term then Bitcoin will be profitable than all other coins or currencies bitcoin's dominance will increase day by day.

[Porfirii]

Well, the best thing here is that bitcoin will always be ahead of all other coins because it is more profitable it appreciates faster than other coins and it is very easy to profit. It is possible to make a lot of profit here just by investing. If someone invests in bitcoin his wealth will increase several times within a few years which is not possible in any other way or in business it is possible but there is risk in business but there is no such risk in bitcoin. May decrease but there is no reason to fear here. Here investment plans should be done for long term then Bitcoin will be profitable than all other coins or currencies bitcoin's dominance will increase day by day.

That's what all hodlers here hope for the future, but you talk as if Bitcoin's future dominance was a sure thing, and it is not. Many market, regulatory and technological risks must be taken into account, most of them unforeseeable, but for example: the appearance of some strong, innovative competitor which, thanks to massive hype, surpasses Bitcoin's market cap (aka Flippening); the rise of CBDCs and ban of other forms of digital money; or an unprecedented AI-quantum computing mash-up making current encryption standards obsolete.

DYOR and invest at your own risk.

[ivankoh]

Well, it's been more than a few years, and we can clearly see the op was very wrong. Ukrainian hryvnia is still there, and so are the rest of the listed currencies. Fiat currencies have their issues, but they're such a tight part of the economic and political systems of the countries that they aren't abandoned easily, even when some of them have been failing their societies for several years or more of hyperinflation. It's not easy for a country to abandon its own fiat and to adopt something they don't and can't control (like a proper cryptocurrency). As for CBDCs, they're an option, hypothetically, but still not a full replacement of fiat because, let's face it, a lot of people still need cash in many places, so fully digital money without a cash version can be a catastrophe for rural areas and some age groups, such as children (who can't legally have a bank account) and the elderly (who struggle with digitalization).
A variety of fiat currencies is here to stay.

Fiat is controlled, CBDC is also controlled in a central model, they will continue to control it, for example they are about to adjust interest rates next... fiat still exists excellently except that banks will collapse Fall, only bitcoin can awaken the rise of freedom. Will there still be cash in the future? We certainly don't know when that will be, but maybe…

[kingvirtus09]

there will be big british pound falling.


british pound was created only for one purpose it was to buy cheap usa dollars  !!

uk is done thats it with uk


world will go full in to usa dollar standard


Next currenies wich will be gone for ever:

AUD,CAD,RUSSIAN RUBLES,UKRAINE CURRENY , NORWAY ,SWEDEN,

There will be few players left only CHINA AND EUR AND USD.

I just want to ask you, op, what are the reasons for the countries you mentioned to give up their currencies, and why I don't seem to have heard anything on news television or social media platforms about such things.

Then there are many countries where I can say that their economies are progressing. Of course, if the economy is growing, there is no reason to give up their own fiat currency. So sorry, I don't agree with what you are saying. I wish you had provided a source to prove that your statement is true.

[blckhawk]

I'm tired of people saying events with cryptic and enigmatic connotations like, dude if you're going to travel back in time to warn others about the potential danger that's going to happen in the future in hopes of warning people in the past, might as well provide some evidence and explanation so you know, you don't look crazy to the people of the past when you say this. Kidding aside though, it's impossible that the pound will go down, maybe their economy will suffer but their currency, that's a different thing I think.

[wmaurik]

The sovereignty of a country is also determined by its independence, which can be exercised without interference from other countries, including determining its own currency for the country's economy.So it is not easy to intervene in a country's sovereignty by changing or not recognizing its own currency, unless they are colonized and used as a source of war.but until now nothing has happened, and nothing has ever happened with that, other than perhaps providing flexibility for the use of US dollars, etc. to be accepted and used as a legal transaction.

What you say is not wrong at all because each country has its own sovereignty accompanied by complete independence as long as the country is not in a state of war. But it will be a different story if the country is facing war, so as long as the country is still safe enough, I think the country's leaders can still do something that can bring benefits to the country. As well as doing our best to rebuild its currency so that its citizens can experience proper progress like other citizens.

[Mame89]

The sovereignty of a country is also determined by its independence, which can be exercised without interference from other countries, including determining its own currency for the country's economy.So it is not easy to intervene in a country's sovereignty by changing or not recognizing its own currency, unless they are colonized and used as a source of war.but until now nothing has happened, and nothing has ever happened with that, other than perhaps providing flexibility for the use of US dollars, etc. to be accepted and used as a legal transaction.

What you say is not wrong at all because each country has its own sovereignty accompanied by complete independence as long as the country is not in a state of war. But it will be a different story if the country is facing war, so as long as the country is still safe enough, I think the country's leaders can still do something that can bring benefits to the country. As well as doing our best to rebuild its currency so that its citizens can experience proper progress like other citizens.

Almost many countries do not have sovereignty because they all depend on the US dollar. So there doesn't have to be a war before the sovereignty of each country is destroyed, without war America can take sovereignty in every country. It can be seen that currently each country has its own currency, but why do international transactions have to use dollars? Does this include sovereignty in a country? I do not think so. The solution is that each country should have its own sovereignty, each country should use Bitcoin as an international transaction. However, many will reject this, so it is not surprising that many countries want to drop bitcoin because they are afraid of bitcoin that they cannot control.

[spectre71]

I drink and post too sometimes.

I kinda snorted when the poster mention Rubbles.

Poster do some reading on BRICS and the possible decoupling on the petro dollar.

[wmaurik]

Almost many countries do not have sovereignty because they all depend on the US dollar. So there doesn't have to be a war before the sovereignty of each country is destroyed, without war America can take sovereignty in every country. It can be seen that currently each country has its own currency, but why do international transactions have to use dollars? Does this include sovereignty in a country? I do not think so. The solution is that each country should have its own sovereignty, each country should use Bitcoin as an international transaction. However, many will reject this, so it is not surprising that many countries want to drop bitcoin because they are afraid of bitcoin that they cannot control.

Regarding the use of Bitcoin transactions in global international transactions, it cannot be done by all countries as long as there are still more countries that do not agree with this. However, every country can still find a way to avoid using US dollars if it is intended for international transactions, because several rich countries in the Middle East are also willing to accept currencies other than US dollars.

In fact, in several reports in previous years there were also those who were willing to accept Bitcoin if they wanted to use it in international transactions, but this was only limited to a few countries so that the use of Bitcoin for international transactions was still not that much and in general the use of US dollars itself was still There are quite a lot at this time so that the independent sovereignty of each country is still not perfect if there is still the use of other currencies in international transactions.

[TopT3ns]

Almost many countries do not have sovereignty because they all depend on the US dollar. So there doesn't have to be a war before the sovereignty of each country is destroyed, without war America can take sovereignty in every country. It can be seen that currently each country has its own currency, but why do international transactions have to use dollars? Does this include sovereignty in a country? I do not think so. The solution is that each country should have its own sovereignty, each country should use Bitcoin as an international transaction. However, many will reject this, so it is not surprising that many countries want to drop bitcoin because they are afraid of bitcoin that they cannot control.

World transactions still use the dollar currency because currently many countries prefer the dollar as a currency that can be accepted in international trade, but currently China is trying hard to compete with the dollar and wants to change their international currency to the Chinese currency. But actually, if you say international transactions, then currently there is cryptocurrency, which is one solution.

[poodle63]

I'm tired of people saying events with cryptic and enigmatic connotations like, dude if you're going to travel back in time to warn others about the potential danger that's going to happen in the future in hopes of warning people in the past, might as well provide some evidence and explanation so you know, you don't look crazy to the people of the past when you say this. Kidding aside though, it's impossible that the pound will go down, maybe their economy will suffer but their currency, that's a different thing I think.

agreed though, those currencies mentioned by OP still exists till this day for good reason, its not because they are just created for fun, but they exist to fulfil the country needs of their own currency, doesn't matter if the other countries aren't really recognizing the currency which isnt true at all, but my point is that those currency exists because the government sees the need for it.
the government itself, will definitely not gonna abandon their own currency, instead, they just gonna prevent it from falling because with owning their own currency it also serves as a tool to control their own economy.
not truly depends on the other country foreign currency that when there's change in law it will significantly affect the well being of an economic condition of a certain countries.