"Crypto become Universal Money"

[Jayjae22]

It is possible that  someday all country accept Crypto Currency and it will become Universal Money?

[wawan96]

It is possible that  someday all country accept Crypto Currency and it will become Universal Money?

if all countries accept the crypto I think it's impossible because each country has a legal basis legislation in different laws currencies that do not can be changed for the money eyes cryptocurrency could be the currency of all the countries I think is very difficult because there are many countries who see illegal cryptocurrency and unbelievably risky to be made tool payment for buying and selling value very quickly down and quickly rose so quickly.

[Jaguar]

In some countries they're already accepted cryptocurrency as a method of payment.

What about Crypto become universal money.?
Possible in the future when one world government rule the earth and do major changes in money, agriculture, and business. Assuming there will have a specific coins circulates in the world serve as the chosen coin to be universal.

[bigcash2011]

We are slowly but surely moving towards that and that is what true mass adoption will be like so have patience we are still here at the starting point and market will be huge in coming years.

[tervel]

Should cryptocurrencies take over entirely, new infrastructure would have to be developed in order to allow the world to adapt. There would inevitably be difficulties with the transition.Established financial institutions would likely have to scramble to change their ways.

[VeryWellDone]

It is possible that  someday all country accept Crypto Currency and it will become Universal Money?

It is possible but we got a long long way to go before we can replace fiat as a universal money. But we're starting to make progress already. Banks in US Can Now Offer Crypto Custody Services and that's a very huge win for the crypto community.

And it is the same thing for blockchain technology, wine companies are using Symbol to eliminate fraud and ensure the authenticity of fine wine. We're starting to see more of the technology come to life!

[Alcor]

No state will ever switch completely to the use of cryptocurrency.  The economy of any state works with national money.  Decentralized cryptocurrency has no relationship with the economies of specific states.  And given the high price volatility of the cryptocurrency, it is disastrous for any state if it is accepted as the only means of payment.
The positive impact of a decentralized cryptocurrency on the development of states will be only if the cryptocurrency walks in society along with national money.  Other options are simply not possible and are just an unfounded fantasy.

[ansi]

Everything you see in this world, even the real fiat money we all know, started as a simple idea & look where we are now.
YES, i do believe that sooner or later, tokenization will be the future of human kind & cryptocurrency will have the major role in such revolution, it's just a matter of time to make it real & mass adopted.

[Debasco]

somehow somehow, but its not in the next decade but it will be in years to come, but the current situation is far from it, am not overruling it o, but somehow somehow it will be in years to come

[alberts]

The new currencies should be treated seriously, as they are a way to influence the market for their incorporation and subsequent investment, recently there are many projects concerning the blockchain that are very useful, one that caught my attention was MintMe.com that allows you to save and market your work in the form of tokens that you can exchange within the platform.

[Delgboke]

It will be good if that could be possible that cryptocurrency becomes universal currency for all the country but there still going to be a problem of accessibility in some locality especially those that in a place where there's no knowledge about internet or digital currency.

[Astra]

It is possible that  someday all country accept Crypto Currency and it will become Universal Money?

States can only allow cryptocurrency to circulate with national money and establish the rules for such circulation. However, no state will ever completely switch to using cryptocurrency as the main means of payment. Therefore, there will never be a decentralized cryptocurrency either the main or the reserve one in the state. Now states have begun to switch to their stablecoins, and therefore they will allow decentralized cryptocurrency to circulate, but they will never actively support it.

[Calantha]

We are slowly but surely moving towards that and that is what true mass adoption will be like so have patience we are still here at the starting point and market will be huge in coming years.

First we can see, the first advantage of cryptocurrencies is smart contracts. It uses the power of smart contracts as an untrusted third party to manage token issuance (utilities, payments or securities) maintained by an open source library. Decentralized exchange order books manage bids and require public audits by anyone who avoids opacity and market manipulation.

[Naimah]

It is possible that  someday all country accept Crypto Currency and it will become Universal Money?

The main advantage of a stable currency is its immunity to volatility and inflation. It can be used to issue and receive consumer loans and for various purposes, without fear that the token rate may change in any direction during the transaction.

[Augusta]

No state will ever switch completely to the use of cryptocurrency.  The economy of any state works with national money.  Decentralized cryptocurrency has no relationship with the economies of specific states.  And given the high price volatility of the cryptocurrency, it is disastrous for any state if it is accepted as the only means of payment.
The positive impact of a decentralized cryptocurrency on the development of states will be only if the cryptocurrency walks in society along with national money.  Other options are simply not possible and are just an unfounded fantasy.

Tozex can be considered as a more sustainable security asset than other cryptocurrencies. Their prices will not rise and fall. This means that by investing in them, you get reassurance of the security of your funds even during the global economic crisis. In the cryptocurrency market, in the law of natural evolution, there are many larger players with huge resources behind them.