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Author Topic: Could Cryptocurrencies Replace Cash?  (Read 5594 times)

Offline Official_BlockFolks

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Re: Could Cryptocurrencies Replace Cash?
« Reply #15 on: July 15, 2018, 03:16:17 PM »
As cryptocurrency is already being used in as a payment method, do you guys think it can replace cash in coming future?

It is possible. For example in china, they are go totally cashless. All payment is done by wechat and there is really no need for you to bring any cash out.

If we can also reach that level of adoption to become a cashless society, it will be possible and definitely crypto is one of the best competitor for the cashless payment.

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Re: Could Cryptocurrencies Replace Cash?
« Reply #15 on: July 15, 2018, 03:16:17 PM »

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Re: Could Cryptocurrencies Replace Cash?
« Reply #16 on: July 15, 2018, 03:19:03 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 Crypto currency will replace cash in the future. It will be needed as payment methode.

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Re: Could Cryptocurrencies Replace Cash?
« Reply #17 on: July 15, 2018, 04:34:19 PM »
As cryptocurrency is already being used in as a payment method, do you guys think it can replace cash in coming future?
Yes, it is possible because there are some crypto currency is used as a method of payment and can be actually used in daily expenses. But fiat is also important and i think it cannot be eradicated from the market totally.

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Offline Mbah Jenggot

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Re: Could Cryptocurrencies Replace Cash?
« Reply #18 on: July 15, 2018, 04:41:35 PM »
As cryptocurrency is already being used in as a payment method, do you guys think it can replace cash in coming future?

I am not sure, because every country still use cash for payment methode. Maybe in the future It will happen.

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Re: Could Cryptocurrencies Replace Cash?
« Reply #19 on: July 15, 2018, 04:48:53 PM »
As cryptocurrency is already being used in as a payment method, do you guys think it can replace cash in coming future?

Totally replacing cash should not be possible but increasing the usage of crypto is highly possible. Most of the younger generations might start to use crypto as a form of payment, but there is still older generations in this world, using digital payment is already a big challenge to them so using of crypto is definitely more complicated than digital payment.
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Re: Could Cryptocurrencies Replace Cash?
« Reply #20 on: July 16, 2018, 02:36:24 AM »
To think that we are crypto lover and we know that this new way of digital transactions is growing and accepted widely in different places. So I think there will come of crypto nations in the future. Slowly to disable fiat transactions.

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Re: Could Cryptocurrencies Replace Cash?
« Reply #21 on: July 16, 2018, 02:38:50 AM »
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 In the future It will happen. Because Crypto is good payment methode.
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Re: Could Cryptocurrencies Replace Cash?
« Reply #21 on: July 16, 2018, 02:38:50 AM »


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Re: Could Cryptocurrencies Replace Cash?
« Reply #22 on: July 16, 2018, 04:37:45 AM »
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. :)
Yes there are no way to bans cryptocurrencies usage right now because it is decentralize, if there are some countries will bans cryptocurrencies usage, they must bans internet connection too that's something impossible to do in era of internet like this, just make investing in cryptocurrencies and holding them for long time :D

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Re: Could Cryptocurrencies Replace Cash?
« Reply #23 on: July 16, 2018, 12:06:18 PM »
As cryptocurrency is already being used in as a payment method, do you guys think it can replace cash in coming future?
Of course, they can!
In legendary White Paper of Bitcoin, there the replacement of cash was set as aim of Bitcoin.
Blockchain will replace many things in todays world.
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Offline husanchaika

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Re: Could Cryptocurrencies Replace Cash?
« Reply #24 on: July 16, 2018, 12:11:44 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. :)

When we will be able to do transactions virtually, it will be a new stage of mankind developement :)
Like was internet before.
It will be possible to do your business via blockchain, to do your living via blockchain, eliminating the factor that you were forced to interact with people offline for making business :)
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Offline anshor1

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Re: Could Cryptocurrencies Replace Cash?
« Reply #25 on: July 16, 2018, 01:00:38 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 believe It will happen in the future. Because crypto currency is best payment methode.Lets see.

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Offline husanchaika

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Re: Could Cryptocurrencies Replace Cash?
« Reply #26 on: July 16, 2018, 01:11:56 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.

Crowd mostly blind at their movements, once a little but influential part of crowd will turn their faces to crypto and start to admire it, others will follow and like the technology without any doubt and questions.
I don't believe in crowd wisdom.
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Re: Could Cryptocurrencies Replace Cash?
« Reply #27 on: July 16, 2018, 01:31:59 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 It is possible in the coming future , because crypto currency is the future technology. Lets see.
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Re: Could Cryptocurrencies Replace Cash?
« Reply #28 on: July 16, 2018, 01:37:26 PM »
I don't think it can happen any time soon. There are a lot of set backs that needs to be changed before this can happen. One of such is the volatility with cryptocurrency

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Re: Could Cryptocurrencies Replace Cash?
« Reply #29 on: July 16, 2018, 05:13:11 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 am sure It will happen in the coming future. Because crypto currency is the best payment methode and very potential.
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