Cryptocurrrency vs. Fiat currency

[MrGeany 297]

no i dont think that it can cause lot sof people don't wont all their money to be in digital world. what if there is a blockout and no electiciry? how can they buy food?closes? what if it continues several days? week? you will see ery bad city and people will start robbing each others and start stealing. so i think there always will be cash in use. cause we really depend on it. our economy depends on cash.

[Shivam1 428]

On 11/7/2019 at 3:34 PM, Ritchie said:

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

I think its impossible to say that crypto currency replaced by in any country. Because many countries do not accept crypto currency and crypto currency rate is always up and down.

[Rezort 846]

I believe that such time will come in the long future when the old generation will pass and there will be people who were born with internet already existing.

[CryptoLover21 0]

I always support cryptocurrency than fiat currency because cryptocurrency make my lifestyle change. If crypto currency replace all currencies in all world then exchange money between two country is soo easy due same price of cryptocurrency in all countries. 

[Ridam 7455]

In my personal opinion that's not a good comparison and Crypto would never replace the fiat. The fiat currency is on their own side and Crypto is on one. After mass adoption Crypto would be the alternative payment system in most platform o think it's only happening.

[betelihem 4766]

On 11/7/2019 at 1:04 PM, Ritchie said:

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

No i don't like this idea, because crypto coin price will be fixed and that will make us to stop trading with the, we like cryptocrrancys because of there flactuatng prices because we trade with them and earn more money.

[koussai999 1986]

I think that it is possible and not only possible, but more than that because cryptocurrencies are a good and excellent alternative to obsolete traditional currencies that no longer provide the services provided by cryptocurrencies

[CryptoMaxim 3829]

On 19.01.2020 at 08:12, Crypto Rifat said:

I want that. In future bitcoin will replace all countrys universal currency because if i want to buy some product from other country then i can easily pay with bitcoin. So i want to see in future that bitcoin will be the universal payment system all over the world.

Many people would like this, including me. I do not believe that bitcoin will be the only currency. Fiat will always be in the first place. I accept the possibility that bitcoin will be an alternative currency to Fiat around the world.

[Crypto123 0]

On 5/11/2020 at 8:20 PM, koussai999 said:

I think that it is possible and not only possible, but more than that because cryptocurrencies are a good and excellent alternative to obsolete traditional currencies that no longer provide the services provided by cryptocurrencies

I think the time of fiat or banknotes is over and the era of cryptocurrencies and cryptocurrencies has begun. The power of evolution cannot be stopped. If you read the evolution of the history of currencies in the world you will find how the evolution was and know the future for cryptocurrencies.

[BTC Future 3946]

On 5/11/2020 at 8:20 PM, koussai999 said:

I think that it is possible and not only possible, but more than that because cryptocurrencies are a good and excellent alternative to obsolete traditional currencies that no longer provide the services provided by cryptocurrencies

While I agree that cryptocurrencies can be an alternative and that the traditional financial system has failed, still there will be a reaction from central banks and governments trying to issue their own digital currencies. Although they still lag a lot behind cryptocurrencies and we are in better terms in tech, adoption security, decentralization, cost and every factor I can think of. So it is possible that we will witness mass adoption of cryptocurrencies in the next few years.

[Zalaks007 543]

I don't think cryptocurrency will replaces all currencies on the world but I believe the world will adopt cryptocurrency and they will both work hand in hand with each other.

[Soaib khan 1035]

On 3/5/2020 at 1:16 AM, idena said:

Never will, crypto replace fiat. Because fiat is a strong currency in every country. and crypto is just an alternative currency. so that it can never be replaced at any time.

i agree with you fiat currency is much more Powerful than cryptocurrency there is no chance that cryptocurrency can beat fiat currency because goverment is against of it so we can not think something big 

Edited June 10, 2020 by Soaib khan

[iloveyobit 6599]

Currently, it is somewhat remote because we need a bridge in order to cross from the current financial system to the decentralized system, but in the future, yes that is likely to happen.

[Omar Ommeish 4872]

Many people think so, but from my point of view, this will not happen soon, and it will take dozens of years for the Bitcoin deal to become as easy as dealing in paper currencies.

[Rahul11 292]

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

Yes, crypto will replace in fiat in future. As we know that our future payment will be in online system. And crypto is the future online currency. But at this time there are many problems with crypto and for that many countries announced it as illegal.

[BTC Future 3946]

On 4/5/2020 at 11:35 AM, rianpedia said:

Strongly agree, we cannot force the limitations of people to find out more about crypto. everything has its place, respectively. crypto as an alternative for us who especially understand about this to get money and invest only.

Cryptocurrencies can be used for everything and they are a form of money which can replace fiat currencies. Although some will be used as such and most won't. It is obvious that some method of accepting all traded cryptocurrencies in a certain exchange will appear and merchants will chose on which crypto to exchanges. This will happen instantly and allow easier trade.

[ben123123 152]

No never this going to happen because virtually currencies never replace to any fiat currency because fiat currency are more powerful then any other online currencies because we used them at any time and virtual currency only used on online payments system. 

[Nezar 7169]

It is very difficult for the cryptocurrency to overcome the paper currency or to replace it. The paper currency is the basis and it is impossible for any country to make its country’s currency encrypted, but it is possible that the cryptocurrency will work alongside the paper currency and help support the country's economy.

[Ndayebo8 0]

52 minutes ago, Nezar said:

It is very difficult for the cryptocurrency to overcome the paper currency or to replace it. The paper currency is the basis and it is impossible for any country to make its country’s currency encrypted, but it is possible that the cryptocurrency will work alongside the paper currency and help support the country's economy.

I believe with you but we don't know what the future will brings as time goes on the impossible can become possible since we are not in the control of the market.

[Jami273 2020]

Crypto currency and Fait currency are completely to different platform of currency.They both are equally important for all people for specific reason.They have their own uses.So anyone if this can't take the place of another one.They are separately needed for all.

[Pomikhundu2993 0]

In my experience, I can say that cryptocurrency is the best of cryptocurrencies and fiat currency because the demand for cryptocurrency is much higher and through which one can easily earn more money by trading or investing more than fiat currency.

[Pabelpikul01 20]

The use of cryptocurrency is going on day. The liat coin has become digitalized. cryptocurrency and liat coin is different.I think many countries will not accept it in this year. I have named it by the country. But I think it can become future.

[Eveana007 82]

People have much more trust on it, everything is being deal in fiat currency in a country. crypto in general is good for cashless transaction since its offer less fees. governments will not make cryptocurrency mass since it is almost impossible to control it.

[Dimba89 54]

There is a difference between cryptocurrency and fiat currency, cryptocurrency is digital currency, and fiat currency is cash of every country, crypto currency is much more expensive than fiat currency, crypto currency is the best currency in the world,

[Maaz sultan 265]

On 11/8/2019 at 5:17 PM, Emma said:

i think it won't because cryptocurrencies are not stable but we need stable coins to operate a nation. so absolutely there will be common currencies also.

Yes you are right about it national currency must be stable but now lots of people are comping towards cryptocurrency and their are many online stores are accepting the cryptocurrency i think in some time you can easily use cryptocurrencies as your currency.