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Author Topic: Why crypto currency will replace fiat money?  (Read 2176 times)

Offline Quantum X

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Why crypto currency will replace fiat money?
« on: July 23, 2018, 04:54:53 AM »
Hello guys!
Many of us think that crypto currency will replace fiat money in the future and I also have the same thought. Crypto currency is run by the most advance technology compare to fiat that has alot of inconveniences.
How about you, why you believe that crypto currency will replace fiat money?

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Why crypto currency will replace fiat money?
« on: July 23, 2018, 04:54:53 AM »

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Offline skjude001

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Re: Why crypto currency will replace fiat money?
« Reply #1 on: July 23, 2018, 05:17:56 AM »
Hello guys!
Many of us think that crypto currency will replace fiat money in the future and I also have the same thought. Crypto currency is run by the most advance technology compare to fiat that has alot of inconveniences.
How about you, why you believe that crypto currency will replace fiat money?
its hard to say that now but soon crypto might replace fiat. it will be a gamechanger since the ancient past. it will become a universal currency that runs through digital phase. but now nothing can beat with the real money such as gold and silver and diamonds
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Re: Why crypto currency will replace fiat money?
« Reply #1 on: July 23, 2018, 05:17:56 AM »

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Offline Alenas2018

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Re: Why crypto currency will replace fiat money?
« Reply #2 on: July 23, 2018, 06:51:55 AM »
Hello guys!
Many of us think that crypto currency will replace fiat money in the future and I also have the same thought. Crypto currency is run by the most advance technology compare to fiat that has alot of inconveniences.
How about you, why you believe that crypto currency will replace fiat money?
I believe unlike fiat currency, cryptocurrency cannot be debased by any government because it’s not tied to it. Even the governments cracking down on it are actually making it more valuable. Fiat currency can become worthless when a government gets replaced or falls apart. And it goes without saying that no government is immortal

Offline sibolis

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Re: Why crypto currency will replace fiat money?
« Reply #3 on: July 23, 2018, 08:43:18 AM »
Well, not me.  I don't believe cryptocurrency will replace fiat money.  Yes as an alternative to fiat but will not replace.  Even without crypto, peoples already use e-money using smartphone, phone banking or cards for transaction and it's fun, safe and easy.

Offline purpleseven

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Re: Why crypto currency will replace fiat money?
« Reply #4 on: July 23, 2018, 01:30:17 PM »
All currencies have weaknesses. crypto is at risk of hacking and losing money because blockchain technology is not perfect yet. if fiat I think is not effective because of technological advances and human needs for technological developments that will replace paper money.

Offline gidaahmad

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Re: Why crypto currency will replace fiat money?
« Reply #5 on: July 23, 2018, 04:17:06 PM »
One of the reasons cryptocurrency will replace Fiat is about practicality. Surely people will more easily transact with crypto than fiat because Crypto can be accessed anywhere and anytime. And cryptocurrency is very useful for those who want privacy in transacting.

Offline tamango

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Re: Why crypto currency will replace fiat money?
« Reply #6 on: July 23, 2018, 06:02:34 PM »
With cryptocurrency and blockchain there is no need of banks or any third intermediaries, that's the main reason for me to prefer them to fiat money.
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Re: Why crypto currency will replace fiat money?
« Reply #6 on: July 23, 2018, 06:02:34 PM »


Offline Mbah Jenggot

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Re: Why crypto currency will replace fiat money?
« Reply #7 on: July 24, 2018, 01:19:46 AM »
Hello guys!
Many of us think that crypto currency will replace fiat money in the future and I also have the same thought. Crypto currency is run by the most advance technology compare to fiat that has alot of inconveniences.
How about you, why you believe that crypto currency will replace fiat money?

I think ethereum will.replace fiat money. It is smart contract, very popular and more valuable.

Offline minami_hamabe

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Re: Why crypto currency will replace fiat money?
« Reply #8 on: July 24, 2018, 02:58:22 AM »
Hello guys!
Many of us think that crypto currency will replace fiat money in the future and I also have the same thought. Crypto currency is run by the most advance technology compare to fiat that has alot of inconveniences.
How about you, why you believe that crypto currency will replace fiat money?

I think because in this day and age everyone needs something fast. Just as cryptocurrency offers various conveniences that are not in the use of fiat money. But on the other hand there are still weaknesses of crypto, which is the price that tends to fluctuate so that the market situation changes quickly. So do not be surprised if you are surprised the price of every item changed suddenly.

Offline Luffyone

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Re: Why crypto currency will replace fiat money?
« Reply #9 on: July 24, 2018, 06:03:17 AM »
It is good to replace flat money with crpyto currency. But in order to do that , crypto currency must have fix rate without a wide range of fluctuation.

Offline laughingburger

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Re: Why crypto currency will replace fiat money?
« Reply #10 on: July 24, 2018, 06:18:51 AM »
Hello guys!
Many of us think that crypto currency will replace fiat money in the future and I also have the same thought. Crypto currency is run by the most advance technology compare to fiat that has alot of inconveniences.
How about you, why you believe that crypto currency will replace fiat money?

I believe also as more and more millennial start to believe is decentralize payment like crypto and not fiat which is back by government. It is only a matter of time that we see more people adopt the decentralize way of payment.
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Offline UNIVERSE

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Re: Why crypto currency will replace fiat money?
« Reply #11 on: July 24, 2018, 06:23:18 AM »
Yeah, probably crypto can be used for the daily life in the world. But, I don't think that it will replace the fiat currency. Because, there are numerous community in the world. Not all countries accept and popular with the cryptocurrency. Therefore, cryptocurrency may be one of the currencies used but it doesn't replace the fiat.

Offline Dynamite

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Re: Why crypto currency will replace fiat money?
« Reply #12 on: July 24, 2018, 06:35:31 AM »
Hello guys!
Many of us think that crypto currency will replace fiat money in the future and I also have the same thought. Crypto currency is run by the most advance technology compare to fiat that has alot of inconveniences.
How about you, why you believe that crypto currency will replace fiat money?

For me yes but it is in due time. It requires time before it happens. To change and implement the system of cryptos.
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Offline rizqillah

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Re: Why crypto currency will replace fiat money?
« Reply #13 on: July 24, 2018, 06:39:42 AM »
Hello guys!
Many of us think that crypto currency will replace fiat money in the future and I also have the same thought. Crypto currency is run by the most advance technology compare to fiat that has alot of inconveniences.
How about you, why you believe that crypto currency will replace fiat money?

Yes, I believe it. Crypto currency will replace fiat money. Because It is the future technology.

Offline victorianomojica

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Re: Why crypto currency will replace fiat money?
« Reply #14 on: July 24, 2018, 10:15:47 AM »
Even the governments cracking down on it are actually making it more valuable. Fiat currency can become worthless when a government gets replaced or falls apart. And it goes without saying that no government is immortal.  if fiat I think is not effective because of technological advances and human needs for technological developments that will replace paper money.

 

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