Cryptocurrency is the Future of Money

[Hisbullah]

That's right, dear, cryptocurrencies are the money of the future, but the near future, the future has already come. Then there will be completely different money, definitely electronic, but in a different format, more advanced! This is my personal vision of the future of finance in the world.

As many people said I think not easy to change the habit. Fiat money has been used for  years ago. I think It is really difficult crypto currency will take the fiat money. But I believe It will happen at the coming future.

[Anonylz]

That's right, dear, cryptocurrencies are the money of the future, but the near future, the future has already come. Then there will be completely different money, definitely electronic, but in a different format, more advanced! This is my personal vision of the future of finance in the world.

As many people said I think not easy to change the habit. Fiat money has been used for  years ago. I think It is really difficult crypto currency will take the fiat money. But I believe It will happen at the coming future.

Usual wishful thinking of Crypto Investors thinking some day down the line, crypto currencies will take over fiat money as in, we will no longer use fiat and uses cryptocurrencies as means of payment instead. Crypto will gain more ground in terms of adoption but unless the government has been able to fully or totally regulate and even control the crypto ecosystem, this is not happening.

[SportBet.One]

I agree with the title. As more centralized institutions regulate funds people will look for border-less, non MM requiring ways to transfer funds. Imo, DeFi is here to put financial transfers at ease.

[hadi97bd]

From my point of view yet now, because crypto-currencies have not a strong regulatory board so all if the cryoto currency will accumulate in a regulatory board then it will be a secure money, but now crypto is too popular in the word so it has potentiality to be future money but must follow rules from being scammed.

[Sammy9ce]

I agree with the title. As more centralized institutions regulate funds people will look for border-less, non MM requiring ways to transfer funds. Imo, DeFi is here to put financial transfers at ease.

I agree with your point DeFi was made to allow people to be able to carry out financial services without the need of any centralized body or something, especially with the fact that alot of CEX's have a few countries which are not accepted on their exchanges, but with DeFi there won't be any restrictions no need to pass any kyc to be able to trade, deposit or withdraw, DeFi is the future.

[GREENch85]

To be honest, I have doubts that the cryptocurrency will be able to fully replace cash. In our world, there are a lot of places where "civilization" (places where there is no Internet, communications and cashless payments) will not get there soon

[sergeybobrov]

To be honest, I have doubts that the cryptocurrency will be able to fully replace cash. In our world, there are a lot of places where "civilization" (places where there is no Internet, communications and cashless payments) will not get there soon

You are absolutely right, there are still many hard-to-reach places in the world without mobile communications and the Internet, so cash will be used for a very long time.

[Stuart]

This is a true say, cause on daily basis, there are more and more investors, and the acceptability of bitcoin is growing very wide, and more wealthy people and institutions are joining the system. This, as institutional bodies are already in the space the price has being positively affected, making the volatility in bitcoin price go viral. Also, this is making the interest of other wealthy institutions/bodies to join the crypto system as we are experiencing.
Though, as times goes, the privacy in cryptocurrencies will have to be more developed, so as to avoid breaking into wallets and exchanges, making the loss of fund become a threat, cause as the price is increasing, the attention and attraction of threats will also come in. I hope there will be something that will help fight against these threats when they come.

[Noverteno]

To be honest, I do not see the world moving to the use of payments in a decentralized cryptocurrency. So far, I see that cryptocurrency is almost one hundred percent speculative asset. Almost everyone is trying to extract some kind of profit from their cryptocurrency. This is happening all over the place. Therefore, it is still quite difficult to say what the future holds for the cryptocurrency.

[TOP_ETH]

it might happen because the popularity of crypto is currently getting more and more enthusiasts and becomes a means of payment for all daily needs with ease of transaction

[Jaephoenix]

I agree crypto adoption is on the rise. And is getting higher day by day. But crypto itself should fasten adoption by improving regulations and wiping off the criminal element replete in the space

[anshor1]

Crypto is affecting all parts of the world. It is extremely likely that crypto will touch everything that we utilize in our daily lives, such as our household products, like smart products. Because with technology upgrade, is also increasing micropayments as payments are made from one machine to the other, through apps without being processed through a central bank, only through blockchains.

When it comes to peer-to-peer lending, crypto adds another layer of transparency and security while disappearing the hurdles of trading through banks and centralized institutions for which additional fees and interest rates are required.

Slowly hospitals, stores, schools and universities are adopting crypto exchanges, especially in this pandemic which proliferates by touch. Bitcoin, not only makes transacting easier for busy people but also the disabled, while making it secure and quite impossible to track due to its anonymity.

Maybe it will happen at the coming future, crypto currency will be the future of money.
But It will have long process, because many people still doubt and underestimate in  crypto currency.

[nakmantu99]

it might happen because the popularity of crypto is currently getting more and more enthusiasts and becomes a means of payment for all daily needs with ease of transaction

Yeah, crypto popularity is increasing day by day and It will more popular at the next several years again.
Crypto currency will be the future currency, of course the future of money.

[dekafee79]

I think crypto currency always be digital asset, won't be the future  money.The government will keep their fiat money, against crypto currency. Or the government will have own crypto currency, beside fiat money. It's just my prediction.

[Ankit1999999]

I agree with you, Re: Cryptocurrency is the Future of Money because many people are instating in Cryptocurrency. Now the NFT is next big thing in crypto. We can easy say 2021 will be NFTs era. With a lot of stuff happening in world it's a really good time for the. ENJ and RARI already had big rise and they will keep growing.