cryptocurrencies replace fiat money in the future

[rizqillah]

good discussion, I think I'm not agree if crypto currency will replace fiat money at the coming future.
But crypto currencies have potential to do.
Maybe at the digital currency, we won't see fiat money.
Maybe

[tervel]

It will not happen in the near future. Unlike fiat money, cryptocurrency is not regulated by central authorities or backed by governments. This makes the virtual currency less credible than the real one. Cryptocurrency is also much more volatile than fiat money. The volatility is primarily driven by the speculative nature of the trade.

[KKH84]

crypto and fiat will always coexist for a very long period of time, before all of humanity understands and understands about crypto and wants to use it, it will be very difficult.  Maybe 4 or 5 generations of us here have that opportunity.  I personally think that the current paper money system is too cruel.

[Lifetime]

Cryptocurrency is going to be the big revolution affecting the global finance, money and banking. right now, many established finance institutions are looking at cryptocurrency especially Bitcoin on how they can also be able to make a ride with the trend and make some money as their customer base are demanding that they offer crypto-related products/services. There is no stopping cryptocurrency...this is a fact and for sure. Around 4% of the global populations are into cryptocurrency...wait till it get there to 10% and we can have a wildfire.

[Gvent]

good discussion, I think I'm not agree if crypto currency will replace fiat money at the coming future.
But crypto currencies have potential to do.
Maybe at the digital currency, we won't see fiat money.
Maybe

Fiat money is of great importance at this stage of the development of the world economy. Many people do not even know about the existence of cryptocurrencies, but they all have fiat money with which they conduct calculations. Cryptocurrency has to go a long way before it will be known about it in every corner of the planet and all people will start using it. But it is worth saying that its prospects are very good.

[Paglamon]

Cryptocurrency will become the only medium of transaction in the future. I think it's great. The use of cryptocurrencies will increase significantly worldwide. Then the transaction institution or person will not use the local money. Currently I do cryptocurrency transactions in various fields. At present I have very little use of money. So I think in the future cryptocurrency will be used instead of fiat money.

[pelana vreo]

Money paper / Fiat cannot be replaced by Crypto, maybe if we talk about stable coins, it can still be considered, crypto is a fast option that everyone can use when they want to transfer money between countries, without the need for a bank account and it is transparent.
I can see some countries have accepted crypto for payments, but it is still being developed, some crypto platforms are creating many products like EDC machines, and it looks good.
In the future we will see Fiat and crypto being used for payments, without having to replace one of them.

[Octoalts]

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.

Bitcoin price has hit $64k today, and this is the highest price this month.  Maybe the price will still increase, let's wait together. Cryptocurrencies do have extraordinary developments, and it cannot be denied that many countries intend to create their own digital currency. It is not impossible, someday this cryptocurrency will completely replace fiat money as a legal means of payment.

[Doctor]

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's always be discussion about fiat money and crypto currency.
I think crypto currency is the future currency, but it seems really difficult to replace fiat money.
Every government always think their currency, So can't be replaced.

[I-Bit]

It's always be discussion about fiat money and crypto currency.
I think crypto currency is the future currency, but it seems really difficult to replace fiat money.
Every government always think their currency, So can't be replaced.

Yes, exactly.
This is what will happen.
ALthough there are some opportunities, the existence of cryptocurrency may not be for replacing fiat. They can be a currency, but not for replacing, they are one of the currencies that can be used as options for payment. Like what has been in some countries right now.

[Dabbystar]

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 is more than certain, if there's a words that qualifies it more, that the crypto currency will in time take over the fiat. As the new generations are born, they are born with the electronic mindset. Everything is possible, I can assure that in no distant time, the world will be a crypto world and the fiat currencies would be in the museums for our younger generation.

[Hisbullah]

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 is more than certain, if there's a words that qualifies it more, that the crypto currency will in time take over the fiat. As the new generations are born, they are born with the electronic mindset. Everything is possible, I can assure that in no distant time, the world will be a crypto world and the fiat currencies would be in the museums for our younger generation.

Well, I think I agree, at the coming future fiat money will be in museum, for the next generation.
So, I think crypto currency will replace fiat money at the coming future.
I believe it. Digital era will come.

[Tepona]

Cryptocurrency transactions are currently on the rise in every country. Cryptocurrency is much more important for regular transactions. Cryptocurrencies are growing in popularity around the world. So I think cryptocurrency might be used instead of Fiat Money. But it will not be possible soon. We have to wait a long time.

[Hometown]

Bitcoin will surpass 100 in a few days as people become more and more involved in cryptocurrency. The central bank is accepting bitcoin in different countries of the world, so in the next few years, bitcoin will be able to remove paper money.

[gurunanakji777]

Now bitcoin has crossed $65K. You must understand everyone is not comfortable with cryptocurrencies those who do not want to take risks will keep relying on Fiat because they are not used to volatility and we all know cryptocurrencies are highly volatile. If your terms If in future fiat replace by cryptocurrencies that will not be BTC or Eth or other altcoins it would be country own digital stable cryptocurrency that user will be able to use it.