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Will cryptocurrencies end up supplanting all national currencies?

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It is possible that cryptocurrencies will replace national currencies, but not in all countries, others can use them as a means of payment in addition to other fiat currencies.

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Hi
Despite the high demand for the cryptocurrency, but I do not think that it will replace the national currencies, at least in the coming period. Some countries may adopt it in addition to their paper currency, and all of this follows the economic policy of the countries.

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Yes you are right friend are because soon we will see the paper currency will obsolete from this world and we can not see any of the paper currency because the world is going to the digital currency and Robert Iver it will be good lies for each and every transaction for our routine procurement

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On 4/8/2021 at 7:56 AM, Marea albd said:

Hello my friend, I think that the world is always witnessing an evolution and it is possible for cryptocurrencies to become global in circulation and now there are some countries dealing with cryptocurrencies via the Internet, so I think that in the near future, these currencies will have an important role in all parts of the world.

Yes, friend, they are going to supplant them and it has been seen in the increase in its price and it is also being used in many developed countries because in its transactions it is faster and more reliable than is what the investor is looking for.

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dear friend I want to tell you that I do not know too much about cryptocurrencies I just not working on this platform and I am a beginner and I just need the earth from the extra people who is working from a long time on cricket ok savdhaan will be able to express the things of tiktok

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Cryptocurrency is essentially a digital currency, and its prominence is growing by the day. The value of such currencies is rising these days as a consequence of the disease outbreak situation. Cryptocurrencies, in my view, will become increasingly necessary in the future.

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We all are aware of fame and value of cryptocurreny in digital world but it can't be said that it will replace fiat currencies. It's a time taking procedure. Might be this will become impossible in future. So anything can't be predicted at that time. Time will prove everything.


"An Investment In Knowledge Always Pays The Best Interest"🌼

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Yes, my dear friend, I believe that with the passage of time fiat currencies will be abolished, and dealing with digital currencies will become due to their high value, ease of obtaining them, ease of selling, buying and investing through them and also because there are no restrictions or control over them by the major countries.

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I think so The betting on the big companies suggests that Also, many of the huge companies in the market are now accepting cryptocurrencies in exchange for their goods This is very promising so we should only invest in it

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In my opinion, it is very likely that digital currencies in the future will be the main dependence in trading, but this depends on time and time, and I do not think that this is a bad thing on the contrary, as digital currencies are much easier and better in trading.
 

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Actually, It is possible that in future the cryptocurrency maybe taking the place of the fiat money. It will be very possible that cryptocurrencies will replace real money

a big hello to the entire community and great winnings.I think in the future that some countries with a bad economy will use cryptos instead of the national currency. Because, Cryptocurrencies are growing and spreading increasingly and rapidly.

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Hello 

In the future it will be a war

and the most powerful economy in the world such as the US dollar and the euro will always maintain their currencies.

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Cryptocurrencies offer many new job opportunities to many people thanks to the areas they provide in addition to that they facilitate the sale, purchase and exchange of money and give users a lot of privacy.

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Cryptocurrency has now become a netinval currency in itself.Let it be drunk, and let it be drunk.Or it is spreading all over the world The next coach will be Sloan May or all the other coroners who will leave behind and make their place.

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I strongly agree with your assertion made base on the facts that you said crypto currency will surpass the fiat currency but not to replace. Both will continue to exist serving specific functions made to, because no matter the level of development we still need cash money for some purposes.

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hello dear hope so you are doing well and making fun on this forum and dear i do not have enough knowledge and information about cryptocurrencies so from my point of view i think cryptocurrency and national currency will gain equal popularity but dear i hope senior member will give us authentic information about this 

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I think that a day will come when cryptocurrencies will replace national currencies, but in the distant future, and as we know everything has its pros and cons, it will not happen that easy especially there are many people around the world are still ignorant of technology

Edited by Ghina

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There are many, many views on this issue.
As for me, I see the future of cryptocurrencies for the better and it will grow and increase its use to reach the whole world.
As for the idea of replacing national currencies, I see it as unlikely.
State policies will not accept that.
Especially since the cryptocurrencies are decentralized and there is no control over them.

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I hope so, because the world is witnessing a terrible technological development, and most of the work is on the network, and obtaining cryptocurrencies is easy compared to business. Yes, it requires time and effort. But it is not like office work.

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Countries' reliance on cryptocurrencies and their use is a clear indication of their prosperity and development, but this will take a long time to implement, especially since some governments still prohibit encryption in their countries, so I think that cryptocurrencies will be used instead of national currencies in the future, but there is still a long time for that to happen. 

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I believe that if that thing about cryptocurrencies supplanting all national currencies happened because, as they are today, cryptocurrencies go very fast, advancing even more every day, so that's why I think that if that will happen and I think it will happen at any time. because they are increasing every day more and more.

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It's obvious that the crypto currencies have been gaining recognition and being widely accepted and used by millions of people around the world,but that doesn't give it the chance to supercede and replace the local currencies,the national currencies are official and won't be easily replaced by any other currency

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It is natural that the world will follow cryptocurrencies day after day, especially after these currencies have proven their ability to survive and continue to gain more support for them through their high value and high security.

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We know well that cryptocurrencies are in great competition with traditional currencies in order to control the global financial system, but despite the success of cryptocurrencies, they could not override traditional currencies due to the restrictions put in place by central banks.

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These currencies will be the reliable method of payment in all stores around the world, and I believe that it will achieve a strong global revolution before reaching the permitted production, thus it will open the way to give another permissible limit more massive than before.

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