Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Master107 on October 01, 2018, 05:48:16 PM
-
What does revolution means?
a total or radical change; as, a revolution in one's circumstances or way of living.
a fundamental change in political organization, or in a government or constitution; the overthrow or renunciation of one government, and the substitution of another, by the governed.
In order to revolutionize fiat system into crypto there will have more advantages to lay down.
What advantages do you think?
-
Friend, maybe that won't happen, fiat will survive because fiat gets support from the government. Crypto is unstable and it will be difficult to replace fiat, but I think the two will be used.
-
I'm quite confident that FIAT will survive but crypto can take its place in many usage. The main advantage is that NO ONE can tell you what you have to do with crypto and where you can spend them. You have FULL control of your money if it's converted in crypto.
-
I quite object if there is a revolution in fiat money into crypto money. Because there are still many people not ready to receive Crypto completely as a transaction tool. On the other hand there are also many countries that reject Crypto because it has an impact on their economy. I object to this.
-
I think revolution on cryptocurrency to fiat may not happen, rather, we may continue to use both options side by side on all business transactions. A complete revolutionized fiat is unlikely because there are nations who don't want crypto to push out their fait money, for fear of economic collapse or fear of loosing economic power.
-
What do you mean by "revolutionizing fiat into crypto"? Do you think fiat will disappear and cryptocurrencies replace it? I don't really agree with this statement. Cryptocurrency brings a revolution in digital currency and investment sector. I see big changes on those sectors. However, It is unlikely to replace Fiat. We still neeed Fiat for our daily life. Not all people can use crypto, That's why we still need Fiat.
-
Fiat to Crypto Revolution means more people are exchanging their Fiat money to buy Crypto and use Crypto as new money for them. It will spread to users and other communities so that all will exchange their Fiat with Crypto. That's the name of the Fiat revolution to Crypto.
-
Friend, maybe that won't happen, fiat will survive because fiat gets support from the government. Crypto is unstable and it will be difficult to replace fiat, but I think the two will be used.
We are in crypto. What I mean is in crypto all things are possible with regards to government, cryptocurrencies, and communities. Maybe it takes more time before crypto replace fiat system.
-
I'm quite confident that FIAT will survive but crypto can take its place in many usage. The main advantage is that NO ONE can tell you what you have to do with crypto and where you can spend them. You have FULL control of your money if it's converted in crypto.
Time will tell. Actually, bitcoin is already a survivor from market difficulties. The hardness to recover, the manipulation of somebody. I think no matter what comes against bitcoin it will survive.
I quite object if there is a revolution in fiat money into crypto money. Because there are still many people not ready to receive Crypto completely as a transaction tool. On the other hand there are also many countries that reject Crypto because it has an impact on their economy. I object to this.
Hello friend...
Don't forget that in the universe change is real so how much more in crypto.
-
What do you mean by "revolutionizing fiat into crypto"? Do you think fiat will disappear and cryptocurrencies replace it? I don't really agree with this statement. Cryptocurrency brings a revolution in digital currency and investment sector. I see big changes on those sectors. However, It is unlikely to replace Fiat. We still neeed Fiat for our daily life. Not all people can use crypto, That's why we still need Fiat.
I know, what I'm saying is in the future. This is not impossible to happen because we know that almost everything now is with related to technologies. Fiat system is also subject to change because everything change.