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Author Topic: cryptocurrencies replace fiat money in the future  (Read 3286 times)

Offline DAMKAR

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Re: cryptocurrencies replace fiat money in the future
« Reply #45 on: March 25, 2022, 10:40:20 PM »
I have read opinion above, several member said crypto currency will replace fiat money, they agree.
And several it won't never happen.
In my opinion possibility always there.
I agree with the opinions that said, It is possible to happen.
Yeah, I think It will be.
Crypto currency will be dominant at the coming future.

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Re: cryptocurrencies replace fiat money in the future
« Reply #45 on: March 25, 2022, 10:40:20 PM »

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Offline densus88

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Re: cryptocurrencies replace fiat money in the future
« Reply #46 on: April 30, 2022, 05:30:58 PM »
Crypto is indeed increasing day by day. Bitcoin has crossed $50,000, and the entire crypto market cap has exceeded the limit of $1 trillion for the first time in history. Still, billions of people don’t know why crypto is better than conventional fiat money. In this blog, let’s discuss more fiat money and cryptocurrency.

It seems difficult to happen mate, if you said crypto currency will replace fiat money at the coming future.
The government will against it.
Maybe the government will have own crypto such as digital yuan and CBDC.
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Offline Fenix

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Re: cryptocurrencies replace fiat money in the future
« Reply #47 on: April 30, 2022, 05:33:06 PM »
I have read opinion above, several member said crypto currency will replace fiat money, they agree.
And several it won't never happen.
In my opinion possibility always there.
I agree with the opinions that said, It is possible to happen.
Yeah, I think It will be.
Crypto currency will be dominant at the coming future.
How can cryptocurrency dominate the fiat of states?. Some throw slogans and do not even think about what was said. States are loyal to the cryptocurrency, because at the summit of the G20 countries they decided that the cryptocurrency does not pose a threat to the global financial system. And now let's think about what will happen if the cryptocurrency in any way declares itself in such a way that the opposite decision will be made and the G20 countries will decide to ban the cryptocurrency, along with mining, exchanges and exchangers and other infrastructure of cryptocurrencies. The crypto currency will immediately go into the shadows and decrease in volume by hundreds of times, and maybe more. It will be practically uninteresting to serious business. People can only send it to each other, that's all. It will lose its current practical significance completely.
Cryptocurrency can walk in society only along with the currency of states and under its supremacy. Therefore, it would be better if the cryptocurrency does not try to conflict with fiat.

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Offline silkytakyaan86

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Re: cryptocurrencies replace fiat money in the future
« Reply #49 on: April 30, 2022, 06:39:23 PM »
Believe that the popularity of the crypto market is about to reach its peak. But fiat money will remain fiat. It's hard to take that place. Because even today many countries are like this. Those who don't like crypto. And there are many more. Where crypo is growing rapidly. However, we can imagine this in the future.

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Offline bayiajaib

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Re: cryptocurrencies replace fiat money in the future
« Reply #50 on: April 30, 2022, 06:57:49 PM »
Believe that the popularity of the crypto market is about to reach its peak. But fiat money will remain fiat. It's hard to take that place. Because even today many countries are like this. Those who don't like crypto. And there are many more. Where crypo is growing rapidly. However, we can imagine this in the future.

agree with your, the populaity of crypto currency will increase day by day.
But I think crypto won't replace fiat money.
Because those are two different things.
Crypto is digital asset.
Fiat is always being kept by the government

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Re: cryptocurrencies replace fiat money in the future
« Reply #51 on: April 30, 2022, 08:12:20 PM »
If you look at the achievement of the BTC price that has touched the $60k usd price level, the popularity of crypto has reached its peak even though some countries do not accept crypto as a legal payment, El Salvador being the first country to accept Bitcoin, we just need to lean a little because I heard Russia will accept Bitcoin for oil payments
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Re: cryptocurrencies replace fiat money in the future
« Reply #51 on: April 30, 2022, 08:12:20 PM »


Offline gurunanakji777

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Re: cryptocurrencies replace fiat money in the future
« Reply #52 on: May 02, 2022, 02:45:18 PM »
It's not as easy as you think and you must know the adoption of crypto is still very less as compared to those who trust fiat currencies. We all know the crypto market is highly volatile and normal traders or common men will not take risks to invest in the volatile market. They feel safe with the fiat money. The comfort and trust factor is very important unless it develops widely we can not imagine cryptocurrencies will replace the fiat.

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Re: cryptocurrencies replace fiat money in the future
« Reply #53 on: May 03, 2022, 03:23:15 PM »
It's not as easy as you think and you must know the adoption of crypto is still very less as compared to those who trust fiat currencies. We all know the crypto market is highly volatile and normal traders or common men will not take risks to invest in the volatile market. They feel safe with the fiat money. The comfort and trust factor is very important unless it develops widely we can not imagine cryptocurrencies will replace the fiat.

Yeah, crypto currency is high volatile and I think It seems difficult to replace fiat money at the coming future.
In my opinion, crypto is investment, yeah digital investment.
So, I don't think about crypto will replace fiat money.

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Re: cryptocurrencies replace fiat money in the future
« Reply #54 on: May 04, 2022, 08:42:54 AM »
It's not as easy as you think and you must know the adoption of crypto is still very less as compared to those who trust fiat currencies. We all know the crypto market is highly volatile and normal traders or common men will not take risks to invest in the volatile market. They feel safe with the fiat money. The comfort and trust factor is very important unless it develops widely we can not imagine cryptocurrencies will replace the fiat.

Yeah, crypto currency is high volatile and I think It seems difficult to replace fiat money at the coming future.
In my opinion, crypto is investment, yeah digital investment.
So, I don't think about crypto will replace fiat money.

If we compare between crypto and fiat money from the stability, I think crypto currency is unstable and unpredictable.
The government cannot control this.
So, I also believe, crypto will never replace fiat money.
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Offline legend45

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Re: cryptocurrencies replace fiat money in the future
« Reply #55 on: May 04, 2022, 09:15:48 AM »


If we compare between crypto and fiat money from the stability, I think crypto currency is unstable and unpredictable.
The government cannot control this.
So, I also believe, crypto will never replace fiat money.

Yep, I think It's the reason why crypto currency will never replace fiat money.
Crypto is other assets , different to fiat money.
Crypto is high volatile, So I think It's difficult to happen.
I think never .

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Re: cryptocurrencies replace fiat money in the future
« Reply #56 on: May 05, 2022, 12:01:26 PM »
~
Yep, I think It's the reason why crypto currency will never replace fiat money.
Crypto is other assets , different to fiat money.
Crypto is high volatile, So I think It's difficult to happen.
I think never .
It's true, Crypto will not replace Fiat money.  But Cryptocurrencies can replace Fiat money for transactions and payments for goods and services.
Fiat money will still exist even though Cryptocurrencies continue to grow, they both have their own advantages and disadvantages.

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Re: cryptocurrencies replace fiat money in the future
« Reply #57 on: May 05, 2022, 03:02:45 PM »
Cryptocurrency becomes more regulated in many countries. That is why many big investors use cryptocurrencies for investing purposes creating demand in them.

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Re: cryptocurrencies replace fiat money in the future
« Reply #58 on: May 05, 2022, 03:09:32 PM »
I think only a certain kind of cryptocurrencies can replace fiat money. And I think you guess which kind. Money is fungible. Only privacy coins like XMR, Firo, PCASH can become the replacement of fiat money.
pandoracash [nofollow] 25x more private than monero

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Re: cryptocurrencies replace fiat money in the future
« Reply #59 on: May 06, 2022, 04:39:45 PM »
I think only a certain kind of cryptocurrencies can replace fiat money. And I think you guess which kind. Money is fungible. Only privacy coins like XMR, Firo, PCASH can become the replacement of fiat money.

I don't think crypto currency will replace fiat money, It's hard to say will happen at the coming future.
We all know crypto currency is high volatile and unpredictable.
It seems impossible to happen. Maybe I'm wrong

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