Cryptocurrrency vs. Fiat currency

[zazazaza4 26]

 

On 07.11.2019 at 12:04, Ritchie said:

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

1) Oh, it`s obvious that cryptocurrency won`t have replaced  all currencies in all countries by the near future.

Cryptocurrency is a new currency and, as i`ve read, only 5% people use cryptocurrency.

2)If it happens, it`ll be like Fiat 2.0. And it`s everything.

[Amer19 320]

There is nothing that will replace something. The currencies will remain and also the cryptocurrencies will remain. Gold is the main material. Paper currencies came after him and remained. You cannot delete gold, nor gold to delete paper currencies, and the same thing in digital currencies

[Maaz sultan 265]

On 12/3/2019 at 6:41 AM, Agios said:

Of course not, Cryptocurrency will never be able to replace flat money in any country. Have you ever studied state administration, where currency is the hallmark of a country. so how can a country's currency be replaced by cryptocurrency.

Adoption the cryptocurrencies is possible but changing the fiat currency is not possible Because their are lots of fluctuation in cryptocurrencies and utilization is not a good idea  .