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KingSea

Do you think cryptocurrency is the money of the future?

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In general, cryptocurrencies meet the main characteristics of the money issued by the central banks of the countries that are: a means of payment accepted by many, it is an accumulator of value and has exchange power, so if it could be the currency of the future. Of course, as long as the governments of the nations follow the rules that are in place now, that will not happen since the governments exercise control of the currency and it is legal tender, so that cryptocurrencies become the currency of the future they would have to to be controlled by the governments of the nations.

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I hope that this is the case, crypto money without intermediaries, without banks, free of inflation, would have to be the money of the future, free of local regulations and government mismanagement

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Yes, this is certain, but it needs a lot of time because there are many people who do not know any information about cryptocurrencies in addition to that even if cryptocurrencies become currencies of the future, this does not mean that paper currencies will be canceled, but the currencies will be relied upon Encrypted more than paper currencies.

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Most likely, it will, for example you can send bitcoin from anywhere, you only need an internet connection, that is more comfortable and easier than fiat money, they are also decentralized that means that you will save time and worry about giving your personal information. These are becoming increasingly popular which means adoption will increase.

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yes for sure, but there is a lot to do before global adoption, nice to see there are crypto creditcards allready, but if it will happen the fees for some coins have lower drastically

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If we look the trend of cryptocurrency so it looks really the future of money and everyone is now aware of cryptocurrency and jumping for investment and trading.

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I think it would be something very interesting since it would be a very easy way to get the asset, it would also be attractive to many new users and others would be curious about this type of payment.
Then it would serve as an attractor of new people to the world of cryptocurrencies, which leads to a greater adoption of these new systems, and also facilitates the use of this type of payments, leaving aside having to convert the cryptocurrency to fiat money. It is small but it is a blow to the current financial system.

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I think it is a feasible possibility, because payment methods have already been invented that use technology as a means, but of course the funds are in bank accounts, if in some instance the whole society approves the cryptomoney could become an efficient and instantaneous tool to access goods and services.

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Yes, I think so
Cryptocurrencies will have great importance in the future because they have advantages and surpass paper currencies and the world will be digital in the future.

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Truly, sure it is the cash of future, everybody will hold coins rather than money and money will disappear , I accept that they won't totally supplant common cash. Yet, cryptocurrency  will be utilized increasingly more in exchanging , buying and trading .

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when people know the true potential of crypto this will undoubtedly be the money of the future, although for this to happen it will take some time as there are people who defame cryptocurrencies as a scam

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Yes, of course it will be the money of the future, the proof is that it is already used in thousands of businesses and is becoming more popular every day.
Mainly, the main online casino platforms have already adopted cryptocurrencies.
And the people who run casinos don't underestimate any business.
There is also a wide range of businesses that already accept cryptocurrencies such as current money, Amazon, Starbucks, Twitch, Wikipedia, they are just some of those that adapted to crypto money.

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Yes , I think crypto can be money, a payment method in future. I mean like crypto can change real money. But it is not easy. As we all know, crypto is not have constitution for now. Like when we loss our money, nothing we can do. Besides shaded by constituion, blockchain needs to get stronger from now if we all as crypto users (investor) want to make crypto as money in future. Would be pros and cons about this concept, but as many as crypto members can still grow everytime, I believe this is not impossible thing to happen.

So to be a real money in future, crypto worlds needs to spread it wings from now, and I believe this concept still growing. Need a long time to make crypto into real money and make it as payment methods in whole transaction.

For now, we can but things using crypto, we can buy service using crypto, we can send money from country to country using crypto and many else. So this is a big starts. This is will be a new concept in future economic world. Me myself, agree if crypto can be money in future.

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the truth is i think that yes, in a few years we will be using virtual currencies as the only forms of payment for any product of daily use, something that makes it even more advantageous is that it can be sent to anyone who has internet access and have a secure wallet.

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Hello friends, the world we live in is more globalized every day, which means that every day we go more to digitalization to virtual operations, so I believe that in the future cryptocurrencies will be more part of our day to day
With respect to the diversity of currencies, it is possible that in the future they will glovalize into coins that have a lot of trust and acceptance worldwide, so I am confident that this will be part of the currencies of the future. They are cryptocurrencies, whatever they are called.

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Cryptocurrency will never totally replace the fiat money because there is no regulator there. That means governments can't control money flow, and that means they can't rob people. We need to rebuild our financial system in order to replace fiat money with crypto. On the other hand cryptocurrency has a huge potential to grow. It means there will be a great opprtunity to earn for investors and traders.

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I believe that cryptocurrencies will have a large and wide future because these currencies have a large number of advantages, so they only need some time.

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Looking at the popularity it have gained in last few years, anyone can say that in future a large number of people are going to use it. And it maybe allowed by nations to make direct online payments through crypto

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Most definitely my friend, we are already seeing a lot of adoption and acceptance of cryptocurrency in the current financial ecosystem, though there are still a lot of resistance to crypto specially from banks and governments due to the decentralised nature of the currency, I believe future adoption will still push through since they will not be able to control or manipulate these cryptocurrencies.

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I think this is a true fact that we need to really listen to it,there is a lot of things that happens in this kind of market and the truth is we start from somewhere and in the end we need to keep on progressing and putting a lot of good positions that end up working perfectly for us so the truth is crypto is the future in some position

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I really think it the money of the future, and creating a solid foundation about knowing how it runs now is a very big advantage, we should all be lucky to be be here, cryptocurrency is definitely the future

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On 10/3/2020 at 11:29 AM, KingSea said:

I was thinking about this question. I was looking on Google but I don't want "experts" opinions. I want opinions from people like you and me.
 

It seems very successful that you are informing yourself about the situation of cryptocurrencies around the world. From my point of view and as an investor for 6 months, I have invested in commodities and cryptos and I feel that these types of markets can benefit you to change your lifestyle, as long as you are willing to do so. New airdrops
 and currencies go on the market to be able to position themselves, and currently it is possible in some countries to buy all kinds of products and services that facilitate your money management

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I have been thinking about this question for a long time.  Cryptocurrency is the online currency  This currency is very popular for use in all types of online payments.  It remains to be seen whether this currency will turn into money in the future.  In fact it is not possible to say for sure.  Do you think we can see something like that in the future?

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