Can BTC replace our fiat cash?

[Methos]

I usually read similar topics like this asking if BTC will replace the physical monies of each countries.

But i guess Bitcoin cant certainly replace fiat cash any time soon.....
 for we all have different value of currency. Secondly it will a lot of adjustment around the world just to adapt on this  process.

[nelson4lov]

This is unlikely to happen cause bitcoin is not widely accepted around the world yet, fiat is still much easier to use fiat for our daily transactions,it doesn't have to involve a fee for transaction unlike bitcoin, also the government are against bitcoin due to it anonmity they can't control/track transactions done with bitcoin , so I doubt if bitcoin can replace cash in the future.

[cryptopediabd]

Many people also have some doubt about it.  But mind that it's crypto it's never stable. Why stable currency interfering in crypto i don't know. Like usdt, Busd etc. It's better to be unstable. By the way it's not possible for cryptocurrency to be use fiat cash.

[Marivic27]

It won't replace fiat, in my opinion not everyone knows how to operate a computer so majority will always prefer fait. because it has a sense of security and also because the government supports it.

I understand we all singing decentralization, yes that is true but majority of people in the world listen to the their respective government.     

I agree on that  not everyone in a modern world knows how to use computer or gadgets, that is why i believe that bitcoin cannot replace the fiat even if bitcoin looks amazing but there are still so many people that didnt know about it.

[Mengkay07]

It won't replace fiat, in my opinion not everyone knows how to operate a computer so majority will always prefer fait. because it has a sense of security and also because the government supports it.

I understand we all singing decentralization, yes that is true but majority of people in the world listen to the their respective government.     

I agree on that  not everyone in a modern world knows how to use computer or gadgets, that is why i believe that bitcoin cannot replace the fiat even if bitcoin looks amazing but there are still so many people that didnt know about it.

Yeah you are right there are so many people that did not now how to operates computer specially those who are born on 1960 or to those who born before computers are invented, we all know that crypto is only runs through internet and with the use of the new technology or gadgets so i also believe that crypto will not replace fiat.

[Giangphuong8489]

Obviously, my family and I are not ready to accept and use BTC instead of fiat.
The BTC transaction cost is so high, it's even higher than the value of many of the items we want to buy.
My parents don't even know how to use NFC, I don't know how they'll use BTC.
We live in the countryside, the internet is not yet available and the payment by bank cards is not really popular.

[nakmantu99]

Do you think BTC can replace Fiat money?

Yes It can be. I think bitcoin and altcoins will replace fiat cash at the coming future when digital era come . We will see every countries have own crypto currency and bitcoin will be the King of them. Let's see.

[flyaccount]

I think it will be difficult for Bitcoin to replace fiat cash. Because this takes a very long process, and also Bitcoin will lose its character, because its value has to be stable in order to replace fiat cash.

[mahadev]

Do you think BTC can replace Fiat money?

I think bitcoin has potential to replace fiat cash at the coming future. We all see bitcoin is  so popular and has owned by many peopla all.the world. I hope We will see the digital era soon and I always believed crypto will dominate at market.

[Master107]

Do you think BTC can replace Fiat money?

I think bitcoin has potential to replace fiat cash at the coming future.

I agree, the world is stepping into another new dimension of technological advancement with respect to money online transaction such as trading, payment, saving, online gaming, ticketing, and so on....

In the future very possible to come up with cashless society. And Bitcoin would be the #1 digital coin globally.

[Trumpet]

I think this is very deficault to BTC replace our first cash. This is not possible because paper many is very important and easyly use to every countries peoples. Every peoples are not use bitcoin to their bye and sell. This is very difecault. So I think bitcoin has uses large and secure transection. So this is not possible BTC replace real Cash.

[TomPluz]

In the first place, there is nothing to be replaced with as all governments of the world will never allow that to happen. What can happen is that many may allow Bitcoin to be owned by their people like an asset and may even allow people to use Bitcoin like the usual fiat money. But replacement like kicking out the official currency and let Bitcoin take the vacuum left...no that is impossible. Bitcoin can work side by side with fiat monies we already have. Another problem is that actually the majority of people and financial institutions having Bitcoin are not actually using the cryptocurrency like ordinary money...they are not spending it and that makes BTC more like a store of value rather than everyday money. There is also a question of limited number of available Bitcoin...this can be a big problem as shortage of supply is quite possible. This can even be a problem soon when more and more institutional investors can be coming in to stake their claims with this cryptocurrency.

[vitek146]

Well, bitcoin will not replace fiat money and traditional currencies in the next 10-20 years, well, in no way. It simply will not be given the green light, since countries and governments will defend and protect the dollar and the rest of the currencies with which they rule the world to the last.

[Malam90]

3 years passed after OP posted this topic. Over the last 3 years you have already received answers from the behavior of Bitcoin. Actually Bitcoin isn't working against any fiat currency. Fiat currency will exist every corner of the world where Bitcoin won't be able to reach within shortest possible time rather Bitcoin will exist with fiat currency. We can't avoid our local fiat currency for the shake of Bitcoin. Bitcoin and Fiat currency will work together, one is physical and another is for virtual. Both will be vital part of our daily lives in the future.

[therozaq]

Well, bitcoin will not replace fiat money and traditional currencies in the next 10-20 years, well, in no way. It simply will not be given the green light, since countries and governments will defend and protect the dollar and the rest of the currencies with which they rule the world to the last.

I agree , bitcoin will not replace fiat money. I think the government will have own crypto currency to replace their national currency.  Bitcoin always be the King of crypto currency and I believe we will see many altcoins at the future.