Is cryptocurrency ever going to replace Fiat?

[Domithra]

Cryptocurrency is the future of all payment method due to the decentralized nature which grants financial freedom and power to the people. However, for it to replace cash or the Fiat, it will take years of awareness creation. Up to date, some people do not have access to internet whereas others do not know how to access it.

[SuccessManiac]

I dont think crypto will.ever replsce fiat because a lot of people have not heard about it yet. Governments will also.have to approve of it but it will take a long while and a lot of processes before it will be done.

[luvr1000]

most likely not, it's impossible, a lot of people do not understand crypto currency and therefore we will need all the usual money

[Bobcrypto]

I think in the future it may overcome fait currency because right now crypto awareness is spread at a very fast pace to the entire world.
I believe crypto is the future of cashless society as most people has been discussing; and it obvious that crypto is the answers to it. Crypto is decentralized and anonymous and nobody controls it, basically crypto fit in to the answers of cashless policy in any society in my opinion.

[Lanirex]

No, Cryptocurrency is Digital money, and Fiat is real Money. I think Cryptocurrency can not replace Fiat, because not everyone understands Cryptocurrency. While Fiat, From ancient to modern people all understand about Fiat Money. Cryptocurrency can only be accessed by the Internet, then what about villages where there is no Internet yet? That is impossible.

[Confero]

Cryptocurrency is a digital item that can only be accessed by the Internet, while enterprising is a real item that can be accessed anytime and anybody. for this reason, I think Cryptocurrency will not replace the fiat, although between cryptocurrency and Fiat have the same function.

[owmivmen]

I prefer crypto as a place for investment. everyone has different thoughts. but for now crypto is best to be a long-term investment.

[therozaq]

Cryptocurrency is the future of all payment method due to the decentralized nature which grants financial freedom and power to the people. However, for it to replace cash or the Fiat, it will take years of awareness creation. Up to date, some people do not have access to internet whereas others do not know how to access it.

In my opinion It will take several years, Crypto currency replace fiat money. I believe it.

[jet]

It take a several years before this dream will come true. Fiat could never be replace bybcryptocurrency with its existing system. There ate so many holes that needs to address before it will succeed.

[doc]

Cryptocurrency is the future of all payment method due to the decentralized nature which grants financial freedom and power to the people. However, for it to replace cash or the Fiat, it will take years of awareness creation. Up to date, some people do not have access to internet whereas others do not know how to access it.

Of course I always believe that. Crypto currency will replace fiat money at the coming future.

[Paha87]

This is a very long process, if this happens it will be cool. Most do not know about crypto, but when the authorities of the countries start to pass laws and dadud the mass publicity of crypto-currency ones, then those who did not know need to learn how to use the crypt in everyday life.)

[dekafee79]

Cryptocurrency is the future of all payment method due to the decentralized nature which grants financial freedom and power to the people. However, for it to replace cash or the Fiat, it will take years of awareness creation. Up to date, some people do not have access to internet whereas others do not know how to access it.

By seeing the block chain technology, I think It is the future technology. I predict It will replace the fiat money in the future. It is my opinion.

[xeroz]

I don't think so. Although the cryptocurrency has been the global payment currency, but fiat will never be replaced. It is because every country has different situation. Not all people in the countries can use or accept the cryptocurrency. Moreover in the developing or small countries. they may think twice to introduce the crypto to all societies in the country. It may be, but I think that it will be very difficult to replace.

[SuccessManiac]

It will be difficult for crypto to replace fiat and even it will, it will take a long time. We have to start with creating awareness about crypto and getting people to understand how it works before they will even accept it as a means of payment. All these processes takes time.

[inewoods]

A total replacement for fiat is not really possible more adopters maybe will happen in my opinion, as the markets is too volatile and the value is very hard to define sooner or later the world will be in a chaos