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Author Topic: Can cryptocurrency make real money disappear  (Read 47830 times)

Offline Modeo147

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Can cryptocurrency make real money disappear
« on: March 27, 2019, 10:56:39 AM »
What are the chances of living in a world with no actual money ?   
I think personally that cryptocurrencies won’t make FIAT useless, but I think that cryptocurrencies will work hand-in-hand with FIAT money. Especially in countries like the United States, and the other first-world countries; A lot of companies such as Boosteroid etc. ,  create usefull cryptocoin which are making transaction cheaper and easier.

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Can cryptocurrency make real money disappear
« on: March 27, 2019, 10:56:39 AM »

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Offline Sadovnik

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Re: Can cryptocurrency make real money disappear
« Reply #1 on: March 27, 2019, 05:54:31 PM »
Yes, I agree with you! Fiat money may not disappear, but there will be a prevalence of crypto currency

Offline ArtLena

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Re: Can cryptocurrency make real money disappear
« Reply #2 on: March 27, 2019, 06:11:27 PM »
May be future it is predictable that cryptocurency may take place of current currency. Real money will be disappeared if it happens. But it need a lot of time and permissions from whole world togather with in United Nation. Which is almost impossible.

Offline ivolk

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Re: Can cryptocurrency make real money disappear
« Reply #3 on: March 27, 2019, 07:32:24 PM »
It'd take a complete transformation of the currenct economic system for that to happen, I think both will exist in tandem for now

Offline Kaktus-kun

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Re: Can cryptocurrency make real money disappear
« Reply #4 on: March 28, 2019, 12:41:39 PM »
I don't believe that fiat cash will disappear in a near future. Always have in mind that you need an internet connection to process digital payments and in many places in the world, the internet infrastructure is not soo good to handle those types of payments.

Offline FrozE

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Re: Can cryptocurrency make real money disappear
« Reply #5 on: March 29, 2019, 07:33:59 PM »
It's hardly possible. 
Just imagine if the world will lose electricity for 1 day, what will happen?
The same with crypto and cash.

Offline CrypActiv

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Re: Can cryptocurrency make real money disappear
« Reply #6 on: April 15, 2019, 07:46:26 PM »
It may happen, but it will take a lot of time. Countries are not isolated, they have relations with each other. If the country A decides to substitute fiats with crypto, how will it trade with the country B that is far from implementing cryptocurrency. So, I think it will be a step by step process, countries will team with each other to adopt crypto simultaneously.

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Re: Can cryptocurrency make real money disappear
« Reply #6 on: April 15, 2019, 07:46:26 PM »


Offline khufuking

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Re: Can cryptocurrency make real money disappear
« Reply #7 on: April 15, 2019, 08:17:24 PM »
Until this very moment, I can safely say that this is something that not gonna happen in fact we was close to it 2 years ago more than we are at the moment at least the the near past people would measure their gains in trade by how much Bitcoin they managed to profit but right now 95% of people are measuring their gains by how much $$ they managed to profit and that is because most new people entered Crypto market just did for the money, not for the idea itself.  I hope that this is can be changed in the future but until now there are no signs of this.
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Offline Dushanaya

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Re: Can cryptocurrency make real money disappear
« Reply #8 on: April 19, 2019, 12:04:20 AM »
I think the future without real money - this is reality! Crypto - this is more comfortale and easier

Offline Fenix

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Re: Can cryptocurrency make real money disappear
« Reply #9 on: April 24, 2019, 07:14:44 PM »
The national money of the state will never disappear. They will exist as long as there are states with different political and economic interests.
Some states may try to get rid of cash in the future. Now Sweden wants to do this, but I’m not sure if she will succeed.
Cryptocurrency will not be able to oust the cash or non-cash money of the states. They will exist in parallel with each other.

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Offline Flora

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Re: Can cryptocurrency make real money disappear
« Reply #10 on: April 24, 2019, 08:56:42 PM »
I think everything is possible over time. Previously, people did not want to use bank cards, but now they are an inevitable part of the lives of many people.

Offline forvert

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Re: Can cryptocurrency make real money disappear
« Reply #11 on: April 26, 2019, 04:44:49 PM »

I don’t think fiat or crypto are in head-to-head, direct competition with each other.
Similarly, good cryptocurrencies are used and will be used for narrow use cases. I don’t believe they will be a total replacement for fiat currencies.

Offline Akicage

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Re: Can cryptocurrency make real money disappear
« Reply #12 on: April 27, 2019, 09:27:26 PM »
Only in your dreams probably. Money is usually backed by some goods and services and in lot of cases even by Gold and that's it. So you should really not worry about this replacement. But if you have some money or... had, you should bought few bitcoins in the very past;)

Offline Flora

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Re: Can cryptocurrency make real money disappear
« Reply #13 on: April 28, 2019, 05:55:38 AM »
Only in your dreams probably. Money is usually backed by some goods and services and in lot of cases even by Gold and that's it. So you should really not worry about this replacement. But if you have some money or... had, you should bought few bitcoins in the very past;)
As soon as Bitcoin began to be talked about in society, approximately in 2008–2009, I asked my boyfriend to help me mine. He refused. I had to be more insistent. ;D ;D

Offline Senin

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Re: Can cryptocurrency make real money disappear
« Reply #14 on: June 01, 2019, 10:58:29 AM »
Cryptocurrency can not have such an impact on the usual currency to make it disappear. She just can't do it by nature. And the decision to abolish national money is made by the state, and it will never give up its national money.

 

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