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Author Topic: What kind of coin or token will be chosen and survive?  (Read 679 times)
ariinv (OP)
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April 23, 2022, 06:38:41 PM
 #1

There is a huge competition between cryptocurrencies, many believe just dynamic and self fulfilling ideas with different properties and a variety of incentives may survive! Others expect fiat money will leave behind reliance on quantitative competition!

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?

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April 23, 2022, 07:28:02 PM
 #2

However, government control will continue to maintain its fiat. Regarding the volatility of the crypto market, especially altcoins, of course, it is based on the level of demand for people who are more inclined to invest in safe coins or tokens. In the sense that there is no indication of hype, trends and also photos of irresponsible people. Therefore, drop in assets that last in terms of quality. Although it does not guarantee 100% safety from the bear market, at least the anticipation is less than getting carried away by shitcoins and meme coins.

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April 23, 2022, 07:44:15 PM
 #3

There is a huge competition between cryptocurrencies, many believe just dynamic and self fulfilling ideas with different properties and a variety of incentives may survive! Others expect fiat money will leave behind reliance on quantitative competition!

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?



Currently, digital currencies cannot overthrow traditional currencies for several reasons, but they can provide support in various areas related to payments because they are instant and with low fees.
With the development of the world, perhaps there will be a great opportunity for digital currencies that can replace fiat currencies .
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April 23, 2022, 08:14:56 PM
 #4

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?

And why should they beat fiat currencies? In general, I often see various arguments about how cryptocurrencies should replace fiat money. Personally, I am of the opinion that cryptocurrencies do not need to try to replace fiat; central banks are unlikely to ever allow this. They are already creating solutions for this in the form of CBDC tokens, a centralized currency whose issuance will be controlled by the central banks themselves.

Cryptocurrencies may well live and develop in parallel with fiat. For example, investment assets like real estate, gold or bonds have no goal to replace fiat, they exist together with fiat and do not pretend to be money.

Since cryptocurrencies are still used more as an investment asset than as a currency to pay for goods and services, they do not need to replace fiat currencies as an investment digital asset.

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April 23, 2022, 08:18:10 PM
 #5

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?
Crypto will never defeat fiat currency because its government owned and there’s is no need for this because crypto is not meant for this. We should be more competent and eager to provide quality platform and services instead, crypto becomes an investment nowadays and its really good to focus on this. Cryptocurrency will be a great alternative for fiat and its way better to be like this. Just have a good wallet on your token and you will see a big change for that in the future.
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April 23, 2022, 08:32:58 PM
 #6

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?
A few years back, that's my thinking about cryptocurrencies that they'll entirely going to replace the monetary system. But right now, it seems that it won't and both of them are going to co-exist.
The one that will survive first and no obvious is bitcoin and then ethereum. It's hard to tell the other cryptocurrencies are going to be the same as these two heavy top crypto.

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April 23, 2022, 08:34:06 PM
 #7

Crypto will exist alongside fiat so you would expect that fiat would still be used. Do you think that government doesn't want to have control over money?. Government are like that where they have control of the money unlike crypro where they can only find a way to get money from crypto users like fee for trading and other ways they could think of. If you want to choose what coin then better start choosing Bitcoin.

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April 23, 2022, 08:40:45 PM
 #8

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?
Cryptocurrency created for the purpose of giving financial access to everyone but it doesn’t mean that it will change or defeat fiat money, they are meant to work together and the government will also not allowed this to happen, especially now that some are even created their own digital fiat money. Its still ok to use fiat money, since I don’t spend my crypto that much and consider this as one of my best investment beside crypto is still not a legal tender.

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April 23, 2022, 08:50:01 PM
 #9

Blockchain project type coin is the most coin that’s always been survive since the beginning of cryptocurrency. This kind coins is proven worthy of long term investment since it star everything in crypto unlike other project type that is seasonal hype only. Blockchain technology is what the world need to solve the inflation on the world due to fiat unli supply.

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April 23, 2022, 09:03:49 PM
 #10

~snip~
I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?


^ And that is the fact and that is why don't think that a decentralized cryptocurrency will become replace the fiat because that is possible to happen.
Just accept the fact that fiat will remain fiat and the crypto will remain an electronic payment system, probably it is good if we accept that cryptocurrencies are a good alternative coin to fiat. Speaking of choosing a token and investing it, I am not sure about this, it is better to stick on BTC than the token which is considering you gamble your money on a token.
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April 23, 2022, 09:18:41 PM
 #11

There is a huge competition between cryptocurrencies, many believe just dynamic and self fulfilling ideas with different properties and a variety of incentives may survive! Others expect fiat money will leave behind reliance on quantitative competition!
The competition became even strict from day to the another day as new tokens are coming to the market with the various ideas. As you can see that if the new innovative idea like stepn which has been bringing the combination between sport and play to earn has become massive these days as so many people are also playing this to earn some money from there.

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?
There's no need to defeat from one to the each other but both can be co exist. You will always need fiat money in your life but cryto will become alternative payment in your digital life.

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April 24, 2022, 01:13:06 PM
 #12

There is a huge competition between cryptocurrencies, many believe just dynamic and self fulfilling ideas with different properties and a variety of incentives may survive! Others expect fiat money will leave behind reliance on quantitative competition!

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?



I agree it is very hard to defeat the fiat currencies because it was introduced by the government itself and also guaranteed by the state, so it's a very important part of the nation and its economic well being, that's why the cryptocurrencies should learn to co-exist with the fiat currency so that both old and the new innovative financial tool like the cryptocurrencies will share the opportunity and goal to empower the nation and the people.   
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April 24, 2022, 01:23:37 PM
 #13

...I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?
So what do you think will help them change that to make cryptocurrency popular as desired by many people, including me and you? It's not a matter of quickly expressing an individual or public opinion, and this process will take many years and a lot of time in my opinion, as well as the fact that this process has started and is changing. But the good thing that is well perceived and develops the direction for human progress will be chosen and maintained. It is like a trial and an exclusion. We also need to be satisfied and grateful for what life is going on. I need to put in more effort.

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April 24, 2022, 04:03:49 PM
 #14

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?
Crypto was not able doing it. Why does crypto need to compete with the fiat if people will always need both? Should there be an elimination one from both to make sure if there was only one thing that exist in the market? it doesn't make sense to me to be honest. So far so good with both can co exist at the same time like this time. Crypto doesn't need to compete with the fiat currency and about think about what kind of crypto that will be chosen and survive and i think all of crypto will be chosen and survive. People need all of crypto these days,.

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April 24, 2022, 04:14:53 PM
 #15

There is a huge competition between cryptocurrencies, many believe just dynamic and self fulfilling ideas with different properties and a variety of incentives may survive! Others expect fiat money will leave behind reliance on quantitative competition!

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?



Currently, digital currencies cannot overthrow traditional currencies for several reasons, but they can provide support in various areas related to payments because they are instant and with low fees.
With the development of the world, perhaps there will be a great opportunity for digital currencies that can replace fiat currencies .
Even if the best case scenario happened and bitcoin was able to defeat fiat currencies that does not mean that the defeat of fiat currencies will be definitive, and what better example of this than what happened at Zimbabwe, the hyperinflation that happened there was legendary and even after their fiat disappeared for a time then the government of Zimbabwe tried once again to force people to use a new currency they began to print, so beating fiat is unnecessary because as long as we can use bitcoin as an alternative that is enough.
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April 24, 2022, 06:11:52 PM
 #16

If you have no interest in top crypto projects my advice is to focus on making profits out of new projects only, erase the idea of holding for years because ma y altcoins won't be around in next two to three years later, its also unpredictable which token or coin will for long, do some research and invest money that you are ready to lose.

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April 24, 2022, 08:47:12 PM
 #17

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?
Crypto was not able doing it. Why does crypto need to compete with the fiat if people will always need both? Should there be an elimination one from both to make sure if there was only one thing that exist in the market? it doesn't make sense to me to be honest. So far so good with both can co exist at the same time like this time. Crypto doesn't need to compete with the fiat currency and about think about what kind of crypto that will be chosen and survive and i think all of crypto will be chosen and survive. People need all of crypto these days,.
You're right, so far both of them coexist very well but fiat is mandatory for us because it can be used in all countries we also need it to live and trade. Crypto is an asset for business, team communities and even companies are currently getting into this business. Surviving altcoins for those who are truly capable of innovating.

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April 24, 2022, 09:07:01 PM
 #18

I'm not thinking about crypto currency will replace fiat maybe today but I don't know about the future maybe there will be a different payment system that doesn't involve fiat. So why bother to ask that when all the government been doing is to consider fiat and crypto to coexist since if they want to get rid of crypto they can't do anything especially to the Bitcoin which isn't someone's property. Therefore, if people use Bitcoin they won't be able to control the outcome of the money which is essential for the growth of a country.

Altcoins on the other hand, is just a utility coin or an alternative to Bitcoin and I can't give you a promising one since everyone of us has different opinion on a certain coin but if it's Bitcoin, I have no doubt about it except of the price and what's going to happen in it to the future.

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April 24, 2022, 09:11:43 PM
 #19

There is a huge competition between cryptocurrencies, many believe just dynamic and self fulfilling ideas with different properties and a variety of incentives may survive!

Only coins that are solving real issues cheaper, faster and more reliable then you could do by centralized databases. Not every problem can be solved with cryptos however, but people will try to sell us that idea because they want to make money while the iron is hot.


Others expect fiat money will leave behind reliance on quantitative competition!

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?



Cryptocurrencies aren't fighting with fiat currencies. In fact mostly people want to change their cryptos to fiat currences at some point. And most people are using cryptos to get more fiat currencies. There might be few people who want more bitcoin with that but that's a small minority.

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April 24, 2022, 09:29:06 PM
 #20

I didn't see any correlation between your title with the thread that you have written above. If crypto didn't compete with fiat currencies even both are exists and why do we need to think which one that can survive or to be chosen while people have their own choice for what kind of token that will survive? It doesn't make sense to hear that. Whole of crypto will always still survive even those major coins will always highly valued with big capitalization.
It's caused by that's different with the fiat if in crypto is pretty similar to the stock rather than being a competitor for fiat.

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