Cryptocurrency or Fiat.What wins?

[vegasus]

In my opinion, it is impossible for Cryptocurrency to replace Fiat. Because fiat money is preferred by the people here. There are even many people who play on Cyrptocurrency just to produce fiat, not to generate Coins and raise Crypto prices. I think that's the truth.

[Niteroy]

Fiat has successfully existed for many years in parallel with Mastercard/Visa plastic cards and the same situation will be with cryptocurrencies, Fiat will exist in parallel with cryptocurrencies. There are different niches for which their own currency is better suited. The wallet is tied to the phone, and the phone needs internet and if it is not possible to withhold payment using cryptocurrency, then you can always use Fiat currency. Nowadays, plastic cards are not accepted everywhere, for example, in rural areas or in third world countries.

[Sapp]

Fiat and Crypto must be together because they have the same benefits as payment systems. Fiat is still needed for traditional payment systems and crypto brings good blockchain technology to the transparency of the payment system.

[kenning]

Now there are a lot of assumptions about whether the cryptocurrency can completely replace Fiat money? Personally, I believe that in the near future, it is possible that the cryptocurrency will be an addition to Fiat, but never completely replace it.What do you think about this?

I have the same view point as you. Totally replacing fiat is not possible even in long term, no matter what we still need fiat for the world to be running. Working hand in hand with fiat is already the best scenario that i am hoping to see.

[Moykoy]

crypto prices are never stable, they are easy to change.
Crypto currency will not completely replace fiat money. One reason is because crypto cannot be controlled by the government.

[Marryan]

I'm sure that fiat will always remain the main currency.
Not all people know how to invest in crypto and there are still not so many services that accept crypto payments.
In everyday life we use fiat and it will remain the same forever.

[Fenix]

Now there are a lot of assumptions about whether the cryptocurrency can completely replace Fiat money? Personally, I believe that in the near future, it is possible that the cryptocurrency will be an addition to Fiat, but never completely replace it.What do you think about this?

Of course, the cryptocurrency can only go in parallel with the national money. Besides the fact that people will still use paper money as one of the most reliable, simple and fast ways of financial relationships, the state will never refuse to use their national money in favor of cryptocurrency. The reason is, first of all, that the cryptocurrency can not be tied to the economy of a particular state, and without this, the economy will be dead, it will be very difficult to manage. And in general, why does the state need such risks with cryptocurrency volatility?

[pelana vreo]

Fiat will still be there and you can use Crypto as a fast and safe payment system. Some countries do not accept crypto as a payment system, currently, I use Fiat for payment systems because some rules prohibit the use of crypto for payments in my country. I think if crypto is accepted in all countries. I would be very happy.

[trauchot]

At the moment, everyone needs fiat and in the near future no one will switch to a cryptocurrency completely, because people are accustomed to working with fiat than with cryptocurrency, because cryptocurrency is an undiscovered treasure.

[dragononcrypto]

Short-term: fiat. Long-term: cryptocurrency. Mid-term: who knows.
Currencies without a fixed supply will become a thing of the past.

[hannyluv]

both are amazing in their own special ways. crypto has not being the sole currency in the world yet so it cant be accepted everywhere. Fiat is used in everyday transactions because its globally accepted. crypto is accepted only by those who have knowledge about it. Someday it may solely be crypto but for now i vote both as good.

[Putih]

Crypto has potential and also many communities that support crypto, fiat therapy has the support of the government and therefore I think fiat will win more.

[Bit]

Should we decide which will win? I myself will not ever compare both crypto and fiat. Because I need them all in my life for my daily payment and saving and also for my investment and effort for trading. The fiat and crypto have different concept and base. but they are all promising with their technology and positive or negative sides.

[paydayloan]

There will be a winning period for both. Currently fiat is in control of the payment system because not all countries legalize crypto. But it could be in the future, crypto will be the winner because crypto was created as a payment with unique technology. And it can't be done by fiat.

[Helex]

Cryptocurrency can by no means update the national cash of states. No kingdom will allow this to manifest, in any other case the financial system of any sturdy nation will quickly emerge as disrupted. Cryptocurrency can best go together with the countrywide money, then they may advantage each people and the country.