Will Cryptocurrency replace National Currency ?🤔

[Shaibi 242]

Hi mates !☺

Welcome to cryptotalk and hope you all fine. ☺

So here is the question about replacement of cryptocurrency with National currency . Although cryptocurrency is gaining success in many currency but there are countries where it is ban . 

I want to make it clear if it would be a world with cryptocurrency .?

Give your views in replies . 

Thanks 😊

[md.nayem01 0]

I work by investing. We make good income by investing. We collect different tokens and sell them if prices go up. BTC is the most popular currency. BTC LTC, ETH are the ones everyone likes when they work on crypto currencies

[Hasnain Ali 10]

Well mate I don't think so crypto currency will replace the national currency because there are number of countries where crypto is banned and they have some issues with crypto but can't about future but in present I don't think so.

[Khanbaloch 209]

Cryptocurrency will replace national currencies by 2030 predicts.Cryptocurrency are going to displace roughly 25% of national currencies by 3030.Some money will be lost in the  cryptocurrency  market to be sure but Canton believes there is also possibility to earn vast riches.

[RizwanUllah 101]

@Shaibi I have read your post and the answer to your question is that all the digital currency will be in the future and it will be replaced by all the national ones. 

Exactly you are right that, there are countries where there is still a digital currency  is ban because they think that some of their disabilities are like spending money-laundering or that money is being used for the wrong purpose etc.

But if you talk about its advantage then it is the best like,

Lower transaction costs.

Make payments at any time.

No banking system include, means your money only belongs to you. 

[Tusaddaq 33]

No i think cryptocurrency will be use as international digital currency .but our traditional currency remain as national currency.but it May be possible in future every country introduce thier own cryptocurrency.

[Linclon4 541]

I don't think so. I think it is not possible at this time. Because crypto currency is a online based digital currency. Also it is not legal in all the country of the world. S few numbers of country have legalized it. Many country still treat cryptocurrency as a illegal currency. That's why I think it is not possible. 

[Rozy 1918]

There is no way that cryptocurrency can replace national currencies, because they are totally different, National currencies are for everyday life, there are so many daily needs that fiat money is best to buy, but cryptos are the best investment.

[scorpiali 5626]

In this moment no but maybe in the future for sure the countries will use them like another payment system when we have crisis like pandemic of Corona virus for example and more but the crypto currency have a big place in the future for sure

[Ramossss 963]

I think that cryptocurrencies have spread and expanded greatly at the present time because of their high price and people buying and dealing with them, but I do not think that they will replace the local currency because it caused its collapse and the lack of use by people and consequently the collapse of its value and the collapse of the economy of dependent countries, but we can use both.

[GalaxyGuard 352]

Hello .. I think that in the future, reliance will be on cryptocurrencies .. They will replace traditional currencies with time .. because they are faster in transfers and better in investment .. Now we need national currencies to buy and sell because not all markets accept the cryptocurrency .. with Time will increase dependence on technology in all markets .. With the increase in dependence on the Internet in buying and selling, the dependence on cryptocurrencies will increase .. and with time, it will be the currency of the future.

[Alice21 414]

I think that if the cryptocurrency replaces the national currency and it will not be long before that can happen as it is going and is advancing today cryptocurrencies will leave the national currency behind in a short time.

[ALEEM ALI 80]

Hi @Shaibii think it is not possible that digital currency replace the original currency.but there are some sites by which we can buy many things using cryptocurrency instead o original currency.you can use even bitcoin to buy vehicle 💖💖 

[Zubair Ahmed 329]

In my opinion it is not possible because every countries have their own national currency and any one don't like to replace with other especially from foreign countries but it can be popular and famous in whole world and it can become the attention of whole trade in whole world in crypto currency. 

[Robin Hood 786 137]

I am agree with you that crypto is very profitable currency and we can invest it in trading and get good profit but I don't think that cryptocurrency can replace the national currency of any country.

[Rose5 916]

Dear in future. Crypto currencies will more popular due it's importance . But maybe it cannot be use as a local money. Because banks have local money and they will not allow to this. And government also will not allow to these for using as a local currency. 

[Samer 840]

welcome everybody
My friend, the world of cryptocurrencies is a big world, and the biggest example of this is the significant increase in the exchange rate of the digital currency Bitcoin
The exchange rate at the beginning was very small, but nowadays it is approximately 60 thousand dollars
We have to spread cryptocurrencies more widely in the world
We have to spread it well and circulate it more and more
All the best for everyone

[Kenda6666 850]

I expect that cryptocurrencies are spreading in the world and have a bright future, and people are becoming attracted to them because they can be converted to other currencies and invested in them and trading has become easy, safe and fast.

[kion 381]

Well, nothing is impossible in this present day world with all the advancements and all that, but I don't see how cryptocurrecy will replace any national local currency, the only thing I know might happen is that, a tie would come all countries will accept cryptocurrecy as a second means of transaction, bit not cryptocurrecy to replace local currency.

[Linaa2999 1645]

I think that this is very likely in the near future because we are seeing some countries starting to store cryptocurrencies in large quantities, and we also see the clear effect of cryptocurrencies on the global economic system.

[james653 981]

In the near future, cryptocurrencies will become the basis of the global economy, and fiat currencies and coins will gradually disappear.  Many countries have their own cryptocurrencies. During this pandemic, the price of Bitcoin rose greatly, which contributed to spreading the culture of cryptography.  Many countries and individuals deal in Bitcoin.

[Jackson62 0]

I can say, accept the sooner people are thinking, but if there are high and many benefits then it can happen. Cryptocurrency is the focus of trade around the world.  

[cheri farah 487]

Maybe in the future but for me i do not see thats comming becase it is not legal in many countries right now only a few countries consider it as legal we will see about that but it's not an easy process . 

[Simon London 1749]

Hello everyone, I believe that in the long-term future, the fiat currency of a particular country could be replaced by digital currencies, this due to the boom and importance they have had, in the economy of countries, and I think this would be a good opportunity, so that digital currencies could be developed.

[Steve waugh 610]

This is a very good question because of this advancement and acceptance of this modern digital currency, it is right now dominating the other currencies of the world and in near future, there is a huge chance that it will take over the world. Countries are accepting this currency gradually an in no time, it will replace the national currencies of the different countries.