Cryptocurrrency vs. Fiat currency

[Malikjnb 1235]

Both curriences are best but I like crypto currency. Because it is best for earning. You can trade in crypto currency and become a rich man in few months . If you have experience and trading skills then you do so. Crypto currency is safe and secure currency.

[Malik Ayaz 506]

@Ritchie brother u know that Cryptocurrencies are growing like a wild fire and people are curious about it and loving it and the most of the countries has accepted it even USA and Dubai. Hope it would replace the fait currency but don't have idea what would be happend

 

[Pranto1 40]

I think both currencies have their own significance and still fight currency is used by most people in many countries in the world.The present is a completely good thing because two things are exactly the same as ours and so I never say that in the current context, cryptocurrencies are good and it shouldn't be said that things are just that good.

[Robert William 590]

I think it could happen. if that happens then people will be made easy in making transactions. all are tax free and poverty can be overcome

[entrepreneur 634]

I think that is it is possible, and what is going to happen is that people will replace cash with digital money, and banks will no longer exist or they will slowly fade away.

[The Game 2059]

It is an interesting topic but I don't think is happening soon because crypto currency have a long way to go and is still announcing itself to the world gradually and for the fiat currency is our major form of currency which is legalized by the government which still make it the best ahead of crypto currency, but as time goes on we hope the government should do something good about crypto currency.

[Ameralsamt 2558]

Dear this is the order that cryptocurrencies and digital currencies replace banknotes it is expected to happen by 70%, it is wonderful, and in my opinion cryptocurrencies are safer, faster to trade and faster converted among people, so I hope cryptocurrencies replace banknotes. 

[Idaho Bruk 573]

Everything can happen in future but this time I think Crypto Currency is hard to manage in this world just imagine different economic and educational status of other countries. So I guess Crypto Currency for now will be an alternative payment in some places.

[Adam786 560]

No this is impossible to replace the fiat currency with the cryptocyrrency because a lot of countries have not any knowledge about the cryptocyrrency then how they can adopt it. As we know all countries have  their own currencies therefore they will never replace them with the cryptocyrrency.

[khan22 3478]

On 11/7/2019 at 6:32 PM, Great Commander said:

No, not now. Flat or paper currency is still widely used by different countries and a medium for every transactions. Cryptocurrencies however needs to be adapt around the globe in order to build that idea or at least understand how ot works.

Fiat money use widely its true but most of time in the crypto peoples will invest becasue they love it and this market give them good profit in future and now the bull is start and the coins holders will make good profit at this time.

[RoyalHouse01 9]

I do not think it can happen even in hundred years now but after some time it can be possible, you can not say that when that time will come but It will come one day, but we would not be there to see.

[Zeshan7736087 287]

I think it's not going to happen because fiat is backed by countries and it's difficult to replace anything backed by almost all states of world. Even choice of people have to be dependent on state orders in this world 

[Arratee877 272]

I don't believe blindly that Bitcoin or the whole crypto currency can replace the fiat currency due to the facts that crypto coins does circulate in cash or paper money, so whosoever needs cash most exchange the crypto currency to cash before to make the payment for his purchases especially in local market centers.

[Momo_064 1281]

On 11/7/2019 at 4:04 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 developing rapidly in day by day and many countries have accepted bitcoin and other crypto currencies for their economy. Many people are using crypto currency for their trade and they are getting rich easily from this currency. So I think that crypto currency will replace the fiat currency in future. 

[khan22 3478]

On 11/7/2019 at 4:09 PM, Zzoro6110 said:

Perhaps this happens after many years, but currently this is impossible and the cryptocurrencies are different from fiat currencies and one of these differences is that it is not tangible

Fiat currency is used on daily basis and in the future peoples will use the crypto currency but it take some time. I like the crypto currency becasue it is the life changing opportunity for us and so many peoples will change their life in it.

[Sp19a1ma019 1076]

Fiat is the traditional currency and coming from many centuries but the Cryptocurrency are the latest on it is not exist in the fiscal it generates by the technology. 

[David84 1191]

What you are suggesting can take place and it is expected to happen but not in blink of an eye... Cryptocurrency is the future and no one can stop the future from coming but still you have to think about all the underdeveloped countries with its old infrastructure that is not really suitable for internet connection and think about all the villages and remote places around the world it will be impossible for all of them to depend on cryptocurrency.

[Wanderdark 2178]

In the future, the digital currencies will take places of the fiat currencies. This process is nearly complete. China has already introduced their new digital currency and it is given to the people as airdrop and at final trial phase now. Other developed countries will follow soon and in my opinion, the fiat currencies will be history in the near future.

[Robert William 590]

I think it could happen. if that happens then people will be made easy in making transactions. all are tax free and poverty can be overcome

[Oki 675]

Cryptocurrency will not replace fiat currency, because fiat currency is regulated by the government. Meanwhile, cryptocurrency does not have a legal license to exist and is recognized by a country. Cryptocurrency can only be an asset for investing as well as trading in the crypto market. I think it doesn't matter because we can still make a profit.

[susan8929 811]

I think it is very complicated for cryptocurrencies to replace national currencies, at least in the medium term, because I consider them very volatile and most of them were not conceived for that purpose.
However, I think they can be an excellent alternative to send money with low commissions and, sometimes, store it as savings, but it is necessary to investigate very well and invest at the right time.

[Barbarellah 2225]

I don't really think that will happen, and if it happens we would have to wait a long time, because to operate with cryptocurrencies we need to use a mobile phone or a computer and apart from that we must have an internet connection and there are many places in the world where these options are not present. I do not doubt that cryptocurrencies will somewhat displace the importance of fiat money at the moment since there are many benefits that we obtain from the use of cryptocurrencies compared to fiat money.

[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

The time start now and this time crypto market go high more and we can see that in the crypto market we saw a new revolution in which all the fiat money is finished and the crypto will be used just.

[Lapulga04 259]

On 11/7/2019 at 11:04 AM, Ritchie said:

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

In a world of possibilities my friend anything can help, with current increase in popularity and general acceptance of crypto currency exchange it's only a matter of time before the Fiat currency is gradually replaced, however a total replacement seems hard now in particular only because certain Government have not accepted it but it's definitely going to happen.

[FARISOKTAV 970]

It will happen but not immediately, In my opinion, this process will become realised gradually, step by step. In phase 1 they will keep the new digital currencies to be used voluntarily through some giveaways. In phase 2, most of the payment options will REQUIRE payments with digital currencies and In the final phase the regular fiat currencies will be made obselete and removed from circulation.  These are my opinions of course and not the fact.