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Author Topic: Cryptocurrency or Fiat.What wins?  (Read 6248 times)

Offline MOProgress

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Re: Cryptocurrency or Fiat.What wins?
« Reply #90 on: November 08, 2018, 01:36:33 PM »
Currently fiat is ahead of crypto right now, crypto is still struggling to get people adopt it, while fiat is been used by everyone. May some day crypto will dominate, but may also not be possible.
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Re: Cryptocurrency or Fiat.What wins?
« Reply #90 on: November 08, 2018, 01:36:33 PM »

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Re: Cryptocurrency or Fiat.What wins?
« Reply #91 on: November 08, 2018, 02:35:52 PM »
To date, there are no prerequisites for what to consider the cryptocurrency a global payment instrument. Unfortunately, banks will not allow the widespread use of cryptocurrency in the real world.

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Re: Cryptocurrency or Fiat.What wins?
« Reply #92 on: November 20, 2018, 06:51:32 AM »
Never will, crypto make it easier for us in transactions in the digital world, fiat makes it easier for us to deal in real-world transactions, there are still many people - people who are unfamiliar with cryptocurrency may be very new and can be replaced

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Re: Cryptocurrency or Fiat.What wins?
« Reply #93 on: November 20, 2018, 06:58:13 AM »
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?

It is difficult choice for now.  Because I see the crypto market is red now. I predict It will take several years again, crypto will be the win.

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Re: Cryptocurrency or Fiat.What wins?
« Reply #94 on: November 20, 2018, 07:17:54 AM »
Yes, and it will be very difficult for crypto to replace fiat because, as you may observed, not every countries in the world has fully welcomed cryptcurrency. While some countries has welcomed and adapted to the use of crypto, others are kicking against it. I think it may takes a long time before this may happen, and i think that crypto is gaining ground everyday.

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Offline Fenix

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Re: Cryptocurrency or Fiat.What wins?
« Reply #95 on: November 24, 2018, 08:03:49 PM »
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?
Yes you are right. Cryptocurrency can only be an addition to the existing conventional currencies. It is not able to replace the national money of the states, because it will not have any relationship with the economy of any state, as well as due to its high price volatility.

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Offline Rivaldi Kunkun

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Re: Cryptocurrency or Fiat.What wins?
« Reply #96 on: November 24, 2018, 08:14:15 PM »
Cryptocurrency cannot replace fiat currencies because not everyone knows about technology and many countries still don't give permission. Many countries do not give permission for Cryptocurrency for payment media. But I hope that this digital currency will one day become an online payment medium.





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Re: Cryptocurrency or Fiat.What wins?
« Reply #96 on: November 24, 2018, 08:14:15 PM »


Offline Marryan

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Re: Cryptocurrency or Fiat.What wins?
« Reply #97 on: November 25, 2018, 04:48:17 PM »
Yes, and it will be very difficult for crypto to replace fiat because, as you may observed, not every countries in the world has fully welcomed cryptcurrency. While some countries has welcomed and adapted to the use of crypto, others are kicking against it. I think it may takes a long time before this may happen, and i think that crypto is gaining ground everyday.

Of course it's gaining, but it doesn't mean that it will replace fiat one day. Maybe in the year 2049 when the whole world will be digital, but not now.

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Re: Cryptocurrency or Fiat.What wins?
« Reply #98 on: November 25, 2018, 05:58:30 PM »
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?
Offcourse still fiat was widely used than crypto-currency. We know that crypto-currency was still in its infancy and still has plenty of time to developed while Blockchain is very usefull in financial sector i think it needs more time to be widely used globally.

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Re: Cryptocurrency or Fiat.What wins?
« Reply #99 on: November 25, 2018, 06:01:22 PM »
Maybe in future Cryptocurrency will take over but right now fiat wins cause crypto is not getting globally accepted. And the Market condition is not helping matters, till unstable.

 

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