Bitcoin Forum
June 16, 2024, 11:34:15 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 5 »  All
  Print  
Author Topic: What kind of coin or token will be chosen and survive?  (Read 599 times)
nurilham
Sr. Member
****
Offline Offline

Activity: 1470
Merit: 441



View Profile
April 24, 2022, 10:07:14 PM
 #21

If this is about coin or tokens that can survive, the top in CMC with real.use case, strong and professional team actively, much money as funds, exact and sure progress, big listing exchanges, high volume and liquidity, the coins or tokens with those elements have higher chances to win and survive during this pandemi.

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?
exactly, that is why we may not want to replace, but to complete and atract bigger society to use crypto as well at first.
Lagduf
Sr. Member
****
Offline Offline

Activity: 1162
Merit: 260



View Profile
April 24, 2022, 10:27:08 PM
 #22

cryptocurrencies in general just gonna become an investment instrument and fiat gonna be existing for another centuries.
the current circumstance so far is that so many countries allows the existence of cryptocurrencies because it was considered as commodity and also being called as just an investment instrument not a currency.
also the ones altcoins that gonna survive are the ones that keeps innovating further and further, major altcoins are doing this like ETH with their upgrades, etc. In the future the ones that gonna survive are the altcoins that have real use case.
the other gonna gets casted away and gets delisted from exchange basically entering state of dying.

▄████████████▄▄▄▄▄▄▄▄
 ████▀▀▀▀▀▀▀▀▀▀▀████████▄▄
█████                 ▀▀███▄
█████▄                   ▀██▄
███▀███▄                  ███
███  ▀████▄▄▄▄▄▄▄▄▄       ███
███     ▀▀▀▀▀███████████▄▄██▀
███                   ▀▀████
███      ▄▄▄▄▄▄▄▄▄▄██████▀▄█▄
███   ▄███████▀▀▀▀▀▀▀▀▀   ▀██
███ ▄██▀▀                  ██
██████                    ██▀
█████                   ▄██▀
▀████▄       ▄▄▄▄▄▄▄▄████▀
 ▀
█████████████▀▀▀▀▀▀▀▀
.
billionair
A TOKEN POWERED RAFFLE PLATFORM
IN THE BSC ECOSYSTEM
▄█████████████████████▄
███████████████████████
████▀███████▀   ▀▀▀▄███
███▌  ▀▀███▌       ▄███
███▀               ████
███▄              █████
████▄            ██████
█████▄▄        ▄███████
████▄       ▄██████████
███████████████████████
▀█████████████████████▀
▄█████████████████████▄
███████████████████████
████████████████▀▀█████
███████████▀▀▀    █████
██████▀▀▀   ▄▀   ██████
███▄     ▄█▀     ██████
██████▄ █▀      ███████
███████▌▐       ███████
████████ ▄██▄  ████████
██████████████▄████████
▀█████████████████████▀
▄█████████████████████▄
█████▀▀▀▀▀▀▀▀▀▀▀▀██████
███▀ ████████████ ▀████
██  ██████▀▀▀██  █  ███
██  ████▀ ███ ▀███  ███
██  ███▀ █████ ▀██  ███
██  ███▄ █████ ▄██  ███
██  █████ ▀▀▀ ████  ███
██  ██████████████  ███
███▄ ████████████ ▄████
▀████▄▄▄▄▄▄▄▄▄▄▄▄█████▀
▄███████▀▀▀▀████████▀▀▀▀█████████▄
█████▀  ▄▄██▀▀▀▀▀▀▀▀██▄▄  ▀███████
█████  ▀▀▀              ▀▀▀  █████
███                            ███
██                              ██
██        ████      ████        ██
█        ██████    ██████        █
█         ████      ████         █
█                                █
█      ▀▄▄              ▄▄▀      █
██▄      ▀▀█▄▄▄▄▄▄▄▄▄▄█▀▀      ▄██
███▄▄      ██████████      ▄▄█████
███████▄▄▄████████████▄▄▄█████████
▀████████████████████████████████▀
.
JOIN AIRDROP
Silberman
Legendary
*
Offline Offline

Activity: 2548
Merit: 1344


View Profile
April 27, 2022, 03:51:19 PM
 #23

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.
At least to me it seems better to concentrate on the top coins in the market with a strong emphasis in bitcoin than to try to trade new coins, the risks are simply too big for us to ignore, after all when it comes to those coins it is not only difficult to invest in them but to trade them too because their volume is so low that any whale can try to manipulate its price and they will be successful in their attempts and they will make it to go up or down at will, making impossible to apply TA and most likely such a movement in the market will make you lose money.
avikz
Legendary
*
Offline Offline

Activity: 3122
Merit: 1507



View Profile
April 27, 2022, 06:22:54 PM
 #24

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?


Defeat fiat?? Was it really the purpose of cryptos? I guess not!

Cryptocurrency will never be able to defeat fiat unless we a global nuke war where majority of the government establishments will be destroyed. Otherwise, fiat's dominance will remain intact no matter how many people adopts it.

So it's not just cultural or ethical change - it's erosion!

TheClownSong
Sr. Member
****
Offline Offline

Activity: 1428
Merit: 251


solidtradebank.com | 5%-15% Welcome Bonus


View Profile
April 27, 2022, 06:56:38 PM
 #25

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.
only coins that developt their own chain have great utility could survive for more than two or three years later, and not alot of project could do this. most of project at this moment only shit and focus taking investor's money. recently i saw jungle kingdom project which is rise 750 bnb but only provide luquidiy 11bnb and price dumped hard. so becarefull with new project especially undoxxed team by reputable audit firm.


Qi.Blockchain|The only blockchain the
world will ever need
|Eco-friendly
Decentralized
Secure, Fast
|
▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
|
lobo13hf
Hero Member
*****
Offline Offline

Activity: 2268
Merit: 507



View Profile
April 27, 2022, 09:57:12 PM
 #26

The token that has more usefulness will still alive. This time the trend is around the play to earn token from doing daily activity like walking or running. in my opinion if this is the best idea that can always be implemented into the daily live. this kind of token has more usefulness for our daily life rather than the passive tokens that have no benefit for our life. I prefer to take this kind of token as the one that will be survive as so many people are also choosing it as they can earn daily income from only walking or running in the real life.
This is the next level of play to earn game for sure.



████▄██████████▄
███▄████████████
▄███▀
████
████
████
▀███▄
███▀████████████
████▀██████████▀


▄██████████▄
████████████
███████████▀███▄
████████████████
████████████████
████████████████
▀███▄███████████
████████████████
████▀██████████▀


▄██▄█████████▄██▄
▀████▄█████▄████▀
▀████▄▄████▀
███████████
▄███▀█████▀███▄
█████████████████
█████████████████
█████████████████
▀███████████████▀


▄███████████████▄
█████████████████
████▀███▀██████▀
███████▄█████▀
████▄▄██████████▄
▀▀██████▀███████
▄██████▄███▄████
█████▀██████████
▀██▀███▀████████▀


████▄███████████
████████████████
▄███▀███████████
███████████████
██████████████
████████████████
███████████▄███▀
████████████
▀██████████▀
████████
██
██
██
██
██
██
██
██




██
██
██
██
██

██
██
██
████████
|
.
Listed
on
BINANCE
KUCOIN
Gate.io
|
Scripture
Full Member
***
Offline Offline

Activity: 1303
Merit: 128


View Profile
April 27, 2022, 10:45:02 PM
 #27

I think cryptocurrencies are not able to defeat fiat currencies without changing nations culture and ethics! what do you think?
Crypto can't beat fiat money no matter how much it grows because fiat money is government controlled and crypto is not.
The coin/token that you can choose to survive are the best one and the top coins listed in the market, go for Bitcoin, ETH and BNB I'm pretty confident that even on a bear market they can still rise and they prove that already. I'm into good coins with regards to long term holding, that's the only option for me.
kaya11
Full Member
***
Offline Offline

Activity: 1316
Merit: 110


SOL.BIOKRIPT.COM


View Profile
April 27, 2022, 11:30:47 PM
 #28


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



It doesn't have to change the ethics and culture, knowledge and education. The people of a country needs to know. You don't have to remove from them the things they are already doing. Insert in them the ideas without damaging the culture, they lived for how many centuries following what their forefathers did, so it won't be advisable to revolutionize that in a single decade.

jrrsparkles
Sr. Member
****
Offline Offline

Activity: 2436
Merit: 272


Eloncoin.org - Mars, here we come!


View Profile
April 28, 2022, 01:04:31 AM
 #29

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?


There is no borders for cryptocurrencies,it is actually meant to be used as a medium of exchange by anyone in this world so what kind of coin will survive? I don't know but the coin can survive if the people understand that fiat money is losing its value meanwhile cryptocurrency value keeps increasing every cycle.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
Mars,           
here we come!
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
ElonCoin.org.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"

▬▬▬▬▬
Tony116
Legendary
*
Offline Offline

Activity: 2184
Merit: 1023


★Bitvest.io★ Play Plinko or Invest!


View Profile
April 28, 2022, 02:59:34 AM
 #30


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



We are still living under a society governed and controlled by the government, so stop thinking that crypto will defeat or replace traditional fiat.

I find this really unnecessary, it would be better if both coexist and support each other. I still find it better to use fiat on a daily basis than using crypto, crypto is really convenient but now it is more suitable as an investment than using it for payments.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
Ziskinberg
Hero Member
*****
Offline Offline

Activity: 2926
Merit: 636


For campaign management look for Little Mouse!


View Profile
April 28, 2022, 10:01:22 AM
 #31

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?


We don't look at and consider Bitcoin as competing fiat nor is it able to defeat it. It was not it meant and the creation of these cryptocurrencies is not all about beating fiat but just an alternative currency. I was sad that many were still not educated about how this Bitcoin and altcoins. It serves to have a purpose and role in the market but not the way it stops fiat.

In the future, we are able to see huge adoption of digital currencies but the use of fiat still remains. I wasn't think this stuff it sinks as people valued this even more than Bitcoin.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
Jackl87
Sr. Member
****
Offline Offline

Activity: 1722
Merit: 269


View Profile
April 28, 2022, 10:22:08 AM
 #32

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 also don't think that we will have a world without FIAT currencies anymore where everything is done with cryptocurrencies within the next 100 years or so, i just can not see that happen. I think those two types of currencies will still coexist for a very long time and i also don't think that this is a bad thing. To have some cash in your wallet in the form of coins or banknotes also feels pretty good because you have something physical to touch and the value is not just digital.
Regarding what kind of crypto token or coin will survive i think it is obvious that only the ones with a real use case and functionality will survive and will still be there in a few years. So i would stay away from meme-coins.
Farma
Legendary
*
Offline Offline

Activity: 2576
Merit: 1001


Leading Crypto Sports Betting & Casino Platform


View Profile
April 28, 2022, 10:53:46 AM
 #33

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?


precisely. cryptocurrency will not be able to beat fiat when a country still maintains their culture in the economy. however, I believe that every day, developments will continue to occur. it will make gradual changes in a country that will eventually adapt to cryptocurrencies. Currently, there are already several countries that accept crypto as a payment alternative. although it can't beat fiat, it's better. because a few years ago, so many countries challenged this development. however, now little by little they are starting to accept it, and adapt it to their economy.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
vanesha
Full Member
***
Offline Offline

Activity: 649
Merit: 100


Binance #SWGT and CERTIK Audited


View Profile
April 28, 2022, 11:31:17 AM
 #34

I think being a millionaire here means a fortune that only a few people have. If they are lucky to invest here getting rich in a short time is not a problem, but it can happen when it is not desired. In investing at risk in cryptocurrencies the more we chase wealth, the easier it is for us to be trapped by prices that keep going up and down, so we can't keep up with how their charts work.

████████████          SWG.IO     /     Smart World Global Token          ███          BINANCE #SWGT          ████████████
████████████          PRE SALE IS LIVE! at $0.13     ███     BUY NOW          ████████████
████████████          ICOHOLDER: ✅ TOP-3 PRE-SALE ✅ 4.45 RATING     ███     CERTIK AUDITED          ████████████
LastKiss
Sr. Member
****
Offline Offline

Activity: 2184
Merit: 251


SOL.BIOKRIPT.COM


View Profile
April 28, 2022, 11:32:49 AM
 #35

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?



Since fiat is the main medium of payment in all countries and it's regulated by their own law so it's impossible to replace cryptocurrency to become their main currency right now. Right now many altcoins just surviving from their competitor and their competitor itself from another crypto project so you won't wonder when a project has tons of utilities. Altcoins that can maintain their progress, maintain their development, and maintain their community will surely survive so it's better to choose the right project rather than get scammed.

B.I.O.K.R.I.P.T|
  BiokriptX Fair Launch is now live in PINKSALE
|🟣 Twitter
🔵 Facebook
🟣 Telegram
kidbounty
Full Member
***
Offline Offline

Activity: 1064
Merit: 101


HELENA


View Profile WWW
April 28, 2022, 12:16:17 PM
 #36


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



that is absolutely true, without government assistance it is impossible for FIAT to be replaced. and it is also impossible for the government to want its currency to be replaced by bitcoin. This is very unprofitable from the government side. even though bitcoin was finally legalized, the government would still prioritize their currency. this aims to keep Fiat first.

▀█████▄▀██▄▀█▄          H   E   L   E   N   A          ▀▄▀          1,000,365%   APY          ▄█▀▄██▀▄█████▀
▄                    |          TWITTER          |        TELEGRAM        |          DISCORD          |                    ▄
▄        The Best in Space Auto-Compounding DeFi 3.0 Protocol on BSC        ▄
TheUltraElite
Legendary
*
Offline Offline

Activity: 2912
Merit: 1263


So anyway, I applied as a merit source :)


View Profile WWW
April 28, 2022, 03:44:06 PM
 #37

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?
It is not the objective of the cryptocurrency namely bitcoin to "defeat" fiat because to "defeat" something you need a battle, and there is no battle here. Only coexistance of both modes of transaction such that the pros and cons of one are supplemented and corrective by the other, respectively. Roll Eyes

There is in reality very little competition going on. The top position is take by Bitcoin due to its highest price among all and the small fries are being competed on by shitcoins that have no value but still hunted for sudden profits. These coins will never be big.

What most coins lack is an intrinsic market making capability and a method to spend their coins to get some service, only then a market demand will begin and prices will increase of that shitcoin enough to name it an altcoin.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
Cling18
Full Member
***
Offline Offline

Activity: 1708
Merit: 126


View Profile
April 28, 2022, 04:22:19 PM
 #38


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



that is absolutely true, without government assistance it is impossible for FIAT to be replaced. and it is also impossible for the government to want its currency to be replaced by bitcoin. This is very unprofitable from the government side. even though bitcoin was finally legalized, the government would still prioritize their currency. this aims to keep Fiat first.

It can't replace fiat for now and it doesn't have to. Cryptocurrencies' function these days is already enough since it provides convenience and faster transaction and great investment but fiat has been the traditional currency and people are still in the process of adopting the latest technology. Crypto is just good enough to support fiat but it doesn't have to replace it.
JooBra
Full Member
***
Offline Offline

Activity: 1204
Merit: 162


View Profile
April 28, 2022, 04:42:19 PM
 #39


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



that is absolutely true, without government assistance it is impossible for FIAT to be replaced. and it is also impossible for the government to want its currency to be replaced by bitcoin. This is very unprofitable from the government side. even though bitcoin was finally legalized, the government would still prioritize their currency. this aims to keep Fiat first.

It can't replace fiat for now and it doesn't have to. Cryptocurrencies' function these days is already enough since it provides convenience and faster transaction and great investment but fiat has been the traditional currency and people are still in the process of adopting the latest technology. Crypto is just good enough to support fiat but it doesn't have to replace it.
I think it's necessary and one day it will replace it. The economic system we have and fiat money are bad and have so many bad stuff around them. Inflation at yearly rate since 1900 is like 6% on average yearly. So imagine what is the same amount of money worth then and now. We need other system and crypto is the way to go in near future. In like 10-20years we will have the fiat dying off.
justdimin
Hero Member
*****
Offline Offline

Activity: 3038
Merit: 670


www.Crypto.Games: Multiple coins, multiple games


View Profile
April 28, 2022, 09:46:58 PM
 #40

cryptocurrency will not be able to beat fiat when a country still maintains their culture in the economy. however, I believe that every day, developments will continue to occur. it will make gradual changes in a country that will eventually adapt to cryptocurrencies. Currently, there are already several countries that accept crypto as a payment alternative. although it can't beat fiat, it's better. because a few years ago, so many countries challenged this development. however, now little by little they are starting to accept it, and adapt it to their economy.
We do not need nations to become like El Salvador and just take it to top, we just need them to relax the regulations and laws enough that the crypto world would flourish there and that would be enough. What we need to remember is that it is hard for companies to accept bitcoin because it is volatile and their vendors do not accept volatility and waiting, they need to pay.

Like you may expect amazon to accept bitcoin one day, but if they spend 100 million on merchandise and products to sell to you, and then they sell it for 120 million dollars worth of bitcoins, then the price of bitcoin goes down 50% that would mean they just sold it for 60 million, they could wait, but then they need to reorder which means they need to sell that and buy again for a loss.

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
Pages: « 1 [2] 3 4 5 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!