Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: xspasa on August 31, 2018, 01:36:38 PM
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Crypto is the beginning of an alternative monetary system. The next stage in the evolution of money.
A system where (crypto) currencies are actually forced to compete for market share. What a concept!
Government-backed currencies have operated as monopolies for far too long. There's no innovation. Fiat money is simply a blunt tool for controlling people.
Crypto gives me hope that we can build a better system... and eventually end the central banking system.
I'm not alone in that hope. Millions of people are now betting on crypto to change the world.
I believe this is what's really fueling crypto's rise. The widespread desire for a system that is fundamentally different and better.
Sure, speculation and profit-seeking play a role. But people don't just invest in crypto... They join it, like it's a movement.
So the next time you hear somebody mention tulips, bubbles and crypto in the same sentence, consider giving them a different perspective.
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Perhaps the cryptos will replace the fiat money, but it will not be soon. The state is unprofitable to cancel fiat money and it will not allow its replacement by the crypt until it finds a way to control it.
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If crypto is indeed going to replace real money. That will have a huge impact on us and the economy of the country we live in. Whether it's a positive or a negative impact. For the positive impact, you can freely transact without a third party because Crypto adopts the Decentralization system, so there is no bank center to control. While the negative impact is the decline in the economy of a country due to the absence of incoming tax money and the occurrence of a demonstration between the government and its people
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Cryptocurrency has challenged the traditional ingrained system. . But States do not want to put up with the fact that people do not pay taxes on cryptocurrency transactions, and therefore prohibit it.
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Yes, I think it needs change in this world. with the creation of crypto I hope that there will be changes that occur in every country and help everyone in the future.
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Perhaps the cryptos will replace the fiat money, but it will not be soon. The state is unprofitable to cancel fiat money and it will not allow its replacement by the crypt until it finds a way to control it.
I think It will happen. Crypto currency will be the currency at the coming future.
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The future of money is energy. Cause energy is one common element in all activity be it food, hash power, car fuel or electricity in the supermarket
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It is still a long way to go but yeah, that is where crypto is going. That idea excites me as an early supporter.
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Perhaps the cryptos will replace the fiat money, but it will not be soon. The state is unprofitable to cancel fiat money and it will not allow its replacement by the crypt until it finds a way to control it.
Yes I agree mate. I think crypto currency will replace the monet at the coming future.