Cryptocurrrency vs. Fiat currency

[CathyJohnson42 250]

In those currency,I put it forward fiat currency.Because Government support it.On the other hand, cryptocurrency is a digital currency.But gov. cannot support it and also its need tax.That's why I put it forward. 

[sarahmoses202020 251]

On 1/14/2020 at 4:29 PM, imdad123 said:

crypto currency has its own benefits and disadvantages and fiat has its own advantages and disadvantages so i think crypto will never beat fiat.fiat currency is more power ful then crypto

Fiat is established and crypto currencies is barely know I'm some countries. So I think that crypto would not replace fiat and this is because fiat is powerful and is backed by governments globally.

[Mouhadheb 196]

The matter has become clear and clear to every person who thinks rationally. Fiat currencies lose their value every day and digital currencies give profits to those who know the rules of trading and enters his deal at the appropriate point. I believe that the coming years will be positive for the world of digital currencies.

[Goyaa 2414]

It will never happen, cryptocurrency is unlikely to replace fiat money. Fiat is already a country's currency and regulated by their laws, so crypto has no chance of replacing it. But crypto can be an alternative to fiat as well as investment assets.

[MalikAdnan 1662]

These are two different currencies. Which name has cryptocurrency and fiat currency. Crypto currency is the new currency of this era and world. So it is more advanced in the transactions and even for the trading and business it is the best.

But it doesn't means it take over the fiat. Fiat is always is the best currency they never destroy it.

[Simon London 1749]

Hello everyone, while fiat money is controlled by governments and central banks, cryptocurrencies are decentralized and in my opinion they still have a long way to go since their market is still small, the fiat currency I consider to have a lot of weakness, which is why which many people are analyzing the possibility of adopting cryptocurrencies for financial transactions.

[muniral4422 185]

On 1/17/2020 at 6:55 PM, Goody28 said:

For now it is  impossible, but I think it could happen in the future. Not all of the countries are accepting cryptos ,so it is very hard for crypto currencies replace the fiat currency.

Crypto currencies are now becoming popular and so many countries have begin to join. So the traffic in crypto is increasing and that is why we need to get I to it early so that we would not miss out on any of the interesting developments coming to crypto.

[khan22 3478]

On 11/7/2019 at 3:04 PM, Ritchie said:

Can cryptocurrency ever replace all currencies in all countries? And what will happen to the world if thats gonna happen

Crypto currency is going to be legal in all over the world becasue now the COVID19 is again spread and peoples know that through the fiat money the virus is spread and i know that soon the crypto market is legal in a short time.

[Honny143 13612]

3 hours ago, khan22 said:

Crypto currency is going to be legal in all over the world becasue now the COVID19 is again spread and peoples know that through the fiat money the virus is spread and i know that soon the crypto market is legal in a short time.

Well covid 19 one of the reason where maybe some countries legalized crypto currencies near future, but @khan22 what can you think ?  in future crypto currencies replaced fiat currency,

because some members strongly believes crypto replace fiat, so I would like to say some words, if crypto replace fiat then what about those uneducated peoples? they understand crypto easliy,

and what about stability? crypto maintain that stability because everyone knows crypto have volatility nature.

[khan22 3478]

18 hours ago, Honny143 said:

Well covid 19 one of the reason where maybe some countries legalized crypto currencies near future, but @khan22 what can you think ?  in future crypto currencies replaced fiat currency,

because some members strongly believes crypto replace fiat, so I would like to say some words, if crypto replace fiat then what about those uneducated peoples? they understand crypto easliy,

and what about stability? crypto maintain that stability because everyone knows crypto have volatility nature.

Crypto is the future of the world and we know that covid 19 is spreading again and those countries which legal the crypto market they make their own coins like their fiat money and  that is stable coin.

[Amna Hareem 1213]

On 11/7/2019 at 3:04 PM, Ritchie said:

Can cryptocurrency ever replace all currencies in all countries? And what will happen to the world if thats gonna happen

Dear I think it is not possible yet but it can be possible after many years because crptocurrency is different from fait currency and now everyone is using fait currency and for cryoto currency it is difficult to become more popular as it used by whole word but crptocurrency is good and popular and also many people are using it.

[Samotokika 1780]

On 11/7/2019 at 3:04 PM, Ritchie said:

Can cryptocurrency ever replace all currencies in all countries? And what will happen to the world if thats gonna happen

 It will not completely replace the other currencies of the world because there are many countries that do not have much access to the digital world so they are using Fiat currencies but  for much extent our currencies will gone to be changed into cryptocurrencies

[Abideen 659]

Well as for now I don't think it possible for cryptocurrency to replace all currency in the hole world. Because Fiat has already taken over all countries in the world which I believe it will be very hard for cryptocurrency to break in. Cryptocurrency will only try to a level. You are always welcome mate, and happy Xmas in advance.

[Brushless4500KV 4214]

Both of the currencies should be offered to the people. People should have a right to choose whichever currency they prefer. If people are left to decide on their own, we can find which currency will get the highest vote. I guess that most young people will go for crypto while old ones will stick with traditional currencies. These old people will not use crypto until they have no other choice. With the appearance of crypto banks in the near future, the competition between the two currencies will be much tougher than before.

[ABIR21 426]

Cryptocurrency and fiat currency both are currency. Some people says cryptocurrency is one kinds of assets. Fiat currency can use anyone but cryptocurrency cannot use everyone. Cryptocurrency price are changeable.  That's why transection is slightly complex. For this reason it cannot replace fully on fiat currency. 

[Angeln20 513]

No country in the world would replace it currency (fait) and keep in use crypto currencies, because every country has it unique currency, but it's possible that with time all countries may adopt crypto currencies as a legal mode of payment.

[Fa19ba045 453]

I think it will not happen that cryptocurrency will ever replace the other currencies because the cryptocurrency is just representing the technology in the world and the second reason that it will not happen because some countries consider it illegal for the safe of their people.  

[Nenomao 175]

Cryptocurrencies are different from fiat curriencies cryptocurrencies are digital curriencies and we also said them virtual curriencies but if we talked about fiat curriencies so these curriencies are established by government of any state or any country and the printing of fiat curriencies are depending on economy of that country and controlled by the Central Bank but the system of cryptocurrencies are totally different. 

[Syriana 350]

My friend, all expectations indicate that cryptocurrencies will replace paper currencies because of their good and useful features that are not linked to banks and banks, and I expect that this will actually happen because Bitcoin is easy to deal, its fees are light and has good credibility and security, which actually entitles it to replace paper currency, so we have to prepare well for this Matter

[abohasnn9 2401]

Dear friend, it is a natural thing to replace cryptocurrencies instead of national or monetary currencies. Nevertheless, it is difficult for some remote countries to exchange their currency into cryptocurrencies for you. It is good for the market of advanced currency technology to expand. Thank you.

[Msh9 84]

It is a very good idea. Cryptocurrencies are an easy way to trade currencies and convert them anytime and anywhere, so they are the best in my opinion.

[Pereira 2303]

It is not very possible that that will happen, well, very soon, maybe in the future if it happens, seeing the great advance of the cryptocurrency in the face of the adversity of the viruz in 2020 we can say that the world needs a virtual currency to Make your transfers without the influence of third parties, you can also see the security and influence it has in the market, therefore I can say that if they will be accepted in all countries and will be of great influence in one country.

[abdullah553 1981]

On 11/7/2019 at 12:04 PM, Ritchie said:

Can cryptocurrency ever replace all currencies in all countries? And what will happen to the world if thats gonna happen

I do not think that it will actually work in digital currencies without fiat currencies. It can be dealt with like the forex markets, but if the internet stops, we will actually become poor.

[Harbeeboullah 428]

Fiat currency is a government issued currency that isn't back by commodity, Fiat currency gives central banks greater economy because they can control how much money to be printed so cryptocurrency and fiat currency are two different thing entirely

[Zains031 426]

Cryptocurrency will not replace with the fiat currency because many of the people not know about the digital currency... Because cryptocurrency currency are digital currency and everyone not used this currency on his daily life... Fiat is tangible currency everyone used this currency in his life and completely how to know about the fiat currency...