Cryptocurrency or Fiat.What wins?

[Mavalet]

Now there are a lot of assumptions about whether the cryptocurrency can completely replace Fiat money? Personally, I believe that in the near future, it is possible that the cryptocurrency will be an addition to Fiat, but never completely replace it.What do you think about this?

[The Translator]

Crypto currency will not completely replace fiat money. One reason is because crypto cannot be controlled by the government. Other than that, crypto prices have never been stable, they are easy to change. And crypto cannot be the identity of one country's currency.

[marshmellow]

In my opinion, crypto cannot replace fiat money because crypto cannot be controlled by the government and not a legal payment system. But going forward, crypto can be a reserve currency that is side by side with fiat.

[cryptofunn]

I think that Fiat has already outlived itself and the world economies, taking into account their huge foreign debts, we must find a way to transform them and write them off. This way you can become a cryptocurrency.

[Jaguar]

At this time fiat is more influential than crypto. Some people doesn't like to spend their time on the things they aren't sure if they will be victorious so they choose fiat over crypto. Well, once the government will accepted the system of crypto probably slowly by slowly fiat will fade someday.

[Judybrown]

Fiat has been in the system for a long time and I think it will be difficult for cryptocurrency to replace it. There are a lot of counties which have not accepted cryptocurrency yet and it will be difficult for it to be accepted.

[Andruha1993]

I think cryptocurrency in 4-5 years will be able to replace fiat. As more and more people are interested in crypto. And soon everyone will begin to buy food, cars and apartments with the help of a crypto.

[cryptoperry]

It will not be replaced because not all people in the world can hold crypto currency, not like fiat that everyone can use it even if you are a no read no write person.

[Zurcemozz]

for now, fiat wins, because most of the countries uses it until now, and some of countries are not even know what cryptocurrency due to its economy, but for sure when the time comes, Cryptocurrency will replace fiat money because of advance technology.

[paolobaltimori]

Crypto can be very useful in many sectors and payments to have a trust and verified payment without using traditional banking system.
I think that FIAT will not disappear but crypto can replace for example credit cards system.

[ipanks]

Now there are a lot of assumptions about whether the cryptocurrency can completely replace Fiat money? Personally, I believe that in the near future, it is possible that the cryptocurrency will be an addition to Fiat, but never completely replace it.What do you think about this?

I won't compare between cryptocurrency and fiat because right now, I think both cryptocurrency and fiat have different purpose and advantage. Cryptocurrency can help us to gain many benefits which we don't know yet, but the fiat, we use it for our daily life, and we have different fiat for every country.

[Kyoshiro]

Crypto would lose its value if fiats will be gone. Remember that the price of the cryptocurrencies is within the reach of fiat money such as dollars for bitcoin and others.Though it may be possible, still the security of cryptocurrency is unstable unlike fiat that can be kept within you, and crypto is only a virtual money and needs to be exchange for fiat. You can't even tell how it looks like or how much have you touched it.

[napster]

Crypto can beat fiat's ass if it would used as what it had been developed for.

Creating money via code is amazing. You don't have to pay any government, banks vice versa.

Plus, solving some hard problems with these coins is changing the way the world rolls.

[Unknown]

Personally, I agree with you, cryptocurrencies will not completely replace fiat.  Government hate this, no tax to collect, no source of funds

[Contagem]

Already no one doubts that cryptocurrency has taken some place that Fiat used to occupy, but only in the long run will the effect of cryptocurrency on the financial system be more pronounced. In fact, even before cryptocurrencies, plastic cards and Internet banking have replaced Fiat, we will not notice much change, just bank accounts and Apps in our phones will change to cryptocurrency.