The World of Cryptocurrency

[decemberends 1881]

when it comes to payment system for normal use it would be better to rather use cash or your cards from the bank because using cryptocurrency as payment seems way odd for the price and you know the value price alot of support bitcoin payments does overprice if you didnt knew.

[Jahida 67 960]

Digital currencies are now improving, but I do not think that the digital currency coins will turn into paper points because the government will not do this

[Mella 3680]

Cryptocurrency is the future of finance. This is what the banks now now and are trying to follow the technology. Money is evolving and it will be in digital form. Crypto will be top investment right now, something like buying Amazon or Tesla five or ten years ago. When everyone start buying prices will go up a lot.

[Solex 2262]

I don't think Cryptocurrency can ever replace the fiat which is paper money but i believe that in the future it will be adapted as an alternative currency that will be use as a medium of exchange between business partners around the world, in that case we should just hope for the best.

[MuhammadSh 3067]

Do you think that this cryptocurrencies world is affecting negatively on the current financial international system!? and what would happen when more governments and banks accept using bitcoin and other cryptocurrencies in their financial transactions!? this is really informative topic and each new member here should understand how this crypto world works..

[guatazoo 7150]

On 7/10/2020 at 12:33 PM, Manuel Manny said:

The World Of Cryptocurrency

 

what can you say about the evolution of finance? 

: Money as we see is a commodity that can’t be recessed due to time but can be a processed revolution. The worlds latest upgrade in finance is the advent of digital money which is called the Crypto-currency. 

 

 In the world out there, we tend to understand that the money we see now is longer going to be the money we would be using. The continents are adapting to the fast rise of digital currencies where money will be transferred online and wired to a certain destination without stress but ease. Cryptocurrency is set out to be the later upgrade of the future. We all know the likes of the Digital coins such as Bitcoin, Ether, Litecoin and so on, these modes are the later reviews of how our financial system is based on. 

 

To be continued ...

But sometimes it can cause stresses when you make the cryptocurrencies transfer transaction and it took too long to get confirmed, because if the transactions doesn't have any single confirmation, it means there can have chances to get scsmmed. 

[yonkii 3205]

I have read a lot lately and studied cryptocurrencies. They give a good force to economies if they are adopted and the new financial system will have them as a part at least. We have to expect to reach dominance and replace the fiat system as more people will find them more useful than fiat and will abandon their old ways of payment and dealing.

[Red-Jones 1150]

there are still major obstacles for cryptocurrencies, things like:

 

1 - if two people are married and have cryptocurrencies and then get divorced as will the cryptocurrency division?

how can you prove who bought the cryptocurrencies?

 

there are many other cases that still need clear laws when it comes to cryptocurrencies

[arnosk 228]

The financial world is going to change because of the crypto world. But it is not going to be that bitcoin will be accepted all over the world. Instead the fed and central banks are developing there own blockchain and crypto currency. These will replace fiat money. 

[mody2020 21]

The world of cryptocurrencies is rapidly volatile and very variable, and cryptocurrencies cannot replace fiat currencies, but cryptocurrencies can enter into many areas.

[Nafiaaaa79 111]

Cryptocurrency will be soon used as world currency if the crypto banning countries legalize the use of cryptocurrency. Though it will never replace bank notes but will be a huge asset for the modern digital world.

[jacksonj 68]

Good companions. The world economy is always in constant evolution, the currency that is currently known has not always been functional, in ancient times Barter was the form of exchange, if this happened previously, why cannot it happen now. I think that we are on the way to change that economy, for this decentralized model, and the change will happen from those who are currently most affected by the current monetary system.

[Bila1980 0]

Cryptocurrency is currently a growing ecosystem and during the past few years, the users of Bitcoin as well as its transactions have been growing on an average rate of approximately 60% per year. Likewise, private and public investors have also expanded their commitment to cryptocurrencies such as Ripple, Stellar, Ethereum, and many more cryptocurrencies across the industry.

[Dgeo 30]

On 7/10/2020 at 11:13 AM, saraanna396 said:

Cryptocurrencies cannot replace banknotes , each has its advantages and disadvantages, but cryptocurrencies can enter broader areas of life, and thus standardize the payment system all over the world.

I strongly agree with you dear, cryptocurrency can't totally replace fiat. Not everyone out there is computer savvy enough to use cryptocurrency. 

[sumbr 78]

financial evolution is the latest way to transact quickly and safely, for example, payment via money wallet online, we can pay for anything by scanning a barcode, using an online bank account. and now is the era of cryptocurrency, where transactions are more faster and safer, we only need to be connected to the internet so all transactions can be done, all over the world, but cryptocurrency cannot replace fiat money, because cryptocurrency is sold for getting fiat money such as dollars, euros

[St3lmaPl 78]

I believe that cryptocurrencies are quite a breakthrough invention, but they are crude for use in everyday life.
It's convenient, fast, safe, but most people don't know how it works yet.
In a couple of years, I think cryptocurrency will change for the better.

[bladexx 63]

The world of crypto currency is very fascinating, I think it will evolve to the point that it will replace physical money.

[K3lvinch 55]

The future will be that the big financial and governmental entities will adopt the world of cryptomonies since this will be something that although it is already daily in many people that handle cryptomonies, they are very few for all that it can become.

[GM266 673]

The world is developing with time and as well as the financial condition and ways. Crypto currencies are the digital way of building the economical status of the world. The future actually lies in it and it seems that the world will soon learn the importance of this crypto currency. Then we can build something bugger than this. 

[nhtk68 4]

I think there is a lot of things which can be seen in future

[jhair2406 22]

My question is all there is out there, would you like to go to the ATM in a mall just to get some cash or make a transaction with your wallet in your country. I am for Panama, and the law still does not regulate this currency.

[HICHHH01 62]

😃Thank you for this offering.
In my opinion, in the coming years, countries will be subject to the virtual currency, and I believe that it will become official in commercial exchange and others, and consequently, a large increase in Bitcoin, especially, then Ethereum, Litecoin, and ....

[emirojose4311 176]

The world of cryptocurrencies is the best thing that could have come to the world, it is the best thing that happened, and we hope this wonder continues to grow...

[its.cryptologic 163]

I have been in the crypto currency space for over 4 years now and its safe to say its forever evolving and requiring more learning to stay up to date with the best ways to profit with your funds. Currently I am trying to learn about swapping coins between chains, does anyone know where to find decent info on that topic? Because I am struggling.

[Mike1515 2977]

I think the evolution of money was bound to happen one way or the other and the truth is , it has already happened we need to continue figuring out what would be ideal in new money system, are we all suppose to accept crypto as the new means of transfer or are there other means that can  stand in the gap, this is really important to evaluate