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Author Topic: Could Cryptocurrencies Replace Cash?  (Read 5597 times)

Offline ambar33n

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Could Cryptocurrencies Replace Cash?
« on: July 10, 2018, 12:06:29 PM »
As cryptocurrency is already being used in as a payment method, do you guys think it can replace cash in coming future?

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Could Cryptocurrencies Replace Cash?
« on: July 10, 2018, 12:06:29 PM »

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Offline pikebu

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Re: Could Cryptocurrencies Replace Cash?
« Reply #1 on: July 10, 2018, 12:11:47 PM »
As cryptocurrency is already being used in as a payment method, do you guys think it can replace cash in coming future?
I think yes, cryptocurrencies can replace fiat money in the future although it will not happen soon but as we know we are in digital era where all of the people have smart phone and access to internet easy, the addoption of cryptocurrencies to be used for payment method daily in the real life is just about the time until it happening.

Offline ambar33n

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Re: Could Cryptocurrencies Replace Cash?
« Reply #2 on: July 10, 2018, 12:49:40 PM »
It is being used as payment method, believe me I have recently bought a flat with it. I'm not bragging but it can soon be used to pay off bills idk! but its not stable though

Offline Kiran Sehzadi

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Re: Could Cryptocurrencies Replace Cash?
« Reply #3 on: July 13, 2018, 07:24:56 PM »
Cryptocurrencies and cash are different in many points so they most can't replace cash. This is not about quality, I am talking about purpose.

Offline CryptoZenWorld

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Re: Could Cryptocurrencies Replace Cash?
« Reply #4 on: July 13, 2018, 07:53:33 PM »
As cryptocurrency is already being used in as a payment method, do you guys think it can replace cash in coming future?
I think yes, cryptocurrencies can replace fiat money in the future although it will not happen soon but as we know we are in digital era where all of the people have smart phone and access to internet easy, the addoption of cryptocurrencies to be used for payment method daily in the real life is just about the time until it happening.

You are right mate. There is no doubt that it is going to replace gradually. Many countries have chosen blockchain technology to accept cryptocurrency is the medium of secure payment. So, the future will be cashless. We will do transaction virtually. :)
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Offline Baby Crypto

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Re: Could Cryptocurrencies Replace Cash?
« Reply #5 on: July 13, 2018, 08:59:43 PM »
As cryptocurrency is already being used in as a payment method, do you guys think it can replace cash in coming future?

Yes, I think It will happen. Crypto currency is the future technology, It is useful for  payment method. We will see the government and bank will accept or create crypto in the future. Lets see.

Offline Judybrown

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Re: Could Cryptocurrencies Replace Cash?
« Reply #6 on: July 13, 2018, 11:28:41 PM »
It will be difficult for Cryptocurrency to replace cash because a lot of people are against it. Cryptocurrency is becoming the digital asset and becoming popular but will be difficult to replace cash.
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Re: Could Cryptocurrencies Replace Cash?
« Reply #6 on: July 13, 2018, 11:28:41 PM »


Offline Alcor

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Re: Could Cryptocurrencies Replace Cash?
« Reply #7 on: July 13, 2018, 11:51:02 PM »
As cryptocurrency is already being used in as a payment method, do you guys think it can replace cash in coming future?
No, decentralized crypto currency can not replace the existing national paper money. She can only press them a little, but she will not be able to replace it in any way. The main of them are two reasons - decentralization, that is, the absence of a single governing body and its consequent uncontrollability. The second is a large volatility in the price. States will not be able to replace their national money with a completely uncontrolled, unsecured virtual currency.

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Offline skjude001

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Re: Could Cryptocurrencies Replace Cash?
« Reply #8 on: July 14, 2018, 01:34:10 AM »
As cryptocurrency is already being used in as a payment method, do you guys think it can replace cash in coming future?
Soon. it will be. because cryptocurrency is the future in transactions and finance. soon the goverment will adopt it to. it will be the universal currency
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Offline mackinleybhe

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Re: Could Cryptocurrencies Replace Cash?
« Reply #9 on: July 14, 2018, 03:32:55 AM »
If crypto-currencies are regulated with stable value or price, probably it can replace money. But I think crypto will no longer serve its purpose as being volatile and a good material for investment.

Offline Noor Shafaq

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Re: Could Cryptocurrencies Replace Cash?
« Reply #10 on: July 15, 2018, 09:48:59 AM »
If there will be a cryptocurrency that has a better features than the cash and if it has no fee in doing transactions then it is pretty clear that cryptocurrency can easily replace cash and we can easily confirm that by using it more than the cash because of its benefits that are good for people who are practical.

Offline Alenas2018

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Re: Could Cryptocurrencies Replace Cash?
« Reply #11 on: July 15, 2018, 10:17:37 AM »
As cryptocurrency is already being used in as a payment method, do you guys think it can replace cash in coming future?
Soon. when the government of severals countries studied it and approved it. It will be the universal currency of all trade and finance

Offline MelchiZedek

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Re: Could Cryptocurrencies Replace Cash?
« Reply #12 on: July 15, 2018, 01:24:48 PM »
The only means cryptocurrencies can replace cash is when governments around the world adopt it. This also will jeopardize one of the fundamental aim behind the inception of crypto, that is decentralization. We should not wish for this to happen, for if it does, crypto will be centralized in order to make it more stable. 
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Offline jet

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Re: Could Cryptocurrencies Replace Cash?
« Reply #13 on: July 15, 2018, 02:37:21 PM »
It's far from true.  Cryptocurrency can't overtake Fiat. Eventhough, cryptocurrency has a potential to be a payment method. It can't replace Fiat.
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Offline gribble

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Re: Could Cryptocurrencies Replace Cash?
« Reply #14 on: July 15, 2018, 02:50:05 PM »
If all of persons around the world know, understand about the cryptocurrencies and addoption in their real life, cryptocurrencies will replace the fiat money, more over if the government of countries around the world support for cryptocurrencies.

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