Can crypto replace other currencies?

[Oxygen 1004]

On 1/6/2020 at 8:34 AM, Jalil Baloch said:

I want to know whether it will remove all other existing currencies in the world or not in upcoming few years? Or it will not happen at all? 

It seems hard currently. Crypto currencies have lot of features as compared to fiat currencies. But It is not being trusted worldwide. But we can expect that after few years we will see crypto currencies running alongside with fiat currencies. 

[TasinHasan 421]

On 1/6/2020 at 9:34 AM, Jalil Baloch said:

I want to know whether it will remove all other existing currencies in the world or not in upcoming few years? Or it will not happen at all? 

no its not possible.

because other currency already used in many project and websites and they accept currency.

but crypto currency doesn't accepted in many country so its not possible at now.

[Rstunirk 151]

near is no raison d'?tre why it can't. Bitcoin in special was shaped with that motive in mind. To afford a method of transaction that was transparent, dependable and anonymous. However, bitcoin has a grouping to extend before it bottle be uniform deliberate of fetching the macro monetary currency of the world. 
 

[cryptousd20 141]

I see that the cryptocurrencies will be in the future at best and will be the place of the central currencies, and people will only deal over the phone or computer to buy what they need daily

[deepown 0]

In a long time yo come i think it might actually replace paper money for good.

[rajonmia 181]

On 1/6/2020 at 9:34 AM, Jalil Baloch said:

I want to know whether it will remove all other existing currencies in the world or not in upcoming few years? Or it will not happen at all? 

Of course, you can convert. I have no confusion about this. Because crypocurrency day by day much popular. Also maybe you know that many countries recently launch their own crypocurrency. Another is many countries launch crypocurrency related ATM. SO what do you think?

[amara123123 76]

Now a days three online markets are working one is crypto market and others are stock and forex these two market are big markets. So crypto market very young but very popular market may next few years will have much more capitalization. 

[Goody28 259]

On 1/6/2020 at 4:34 AM, Jalil Baloch said:

I want to know whether it will remove all other existing currencies in the world or not in upcoming few years? Or it will not happen at all? 

I don't think it can replace the world currency even if it is widely used or very popular the world system won't accept it  because they think it's illegal

[azhar9 1]

No it cannot completely replace other currencies country will allow more priority to physical currency than crypto because crypto are virtual coins.

[Joshim 111 1]

Cryptocurrency is one of the best at present.  And I borrow it from the bank.  Because the hacker always waits for the opportunity, it is safe to take money at the bank.

[Investors Blog 385]

On 1/6/2020 at 11:34 AM, Jalil Baloch said:

I want to know whether it will remove all other existing currencies in the world or not in upcoming few years? Or it will not happen at all? 

It will not happen at all, But in some cryptocurrency coin when there's no more node the coin will die since the blockchain will not move and freeze or cease to exist.

[MysteriousIdentity 150]

On 1/6/2020 at 11:34 AM, Jalil Baloch said:

I want to know whether it will remove all other existing currencies in the world or not in upcoming few years? Or it will not happen at all? 

I am wondering if what you are referring to existing currencies? Are you referring to fiat? If yes, then the possibility is big especially that our world is keep on modernizing. 

 

Time will surely come that we don't need to use and hold a fiat instead we only need our cellphone or any gadgets to pay any type of payments. But this scenario still very far and there are still plenty of debates,hurdles and rules/regulations to create before the era of digital payments will occur. 

[Sasaki 171]

It's difficult to predict now, well I think that local currency can be still use it's just that crypto might become a new currency that can be used in a digital way. 

[Mwangi 5611]

I think its going to be very different and so when you run the market in a far much better form of trading then there is going to be something good about crypto, when it comes to even working hard to even withdrawing, there is something important to notice, that with the old method the fiat , then its hard to use them instant, with crypto , you can withdraw instant,send instant and use it instant. so I believe yes its going to be tough for other coins and its going to be easy for the new coins its the future and it can replace.

[Jonn 22]

 No,it cannot utterly supplant other currencies,Country will set aside added priority to natural currency than crypto for the reason that crypto are virtual coins.
 

[Sumayya 493]

19 minutes ago, Ardian1206 said:

This is an alternative later if fiat currency experiences inflation then this is a solution for the future.  Isn't that right, friends?

Yes it might be the solution for the future, you are right actually in what you said

[Syedbesharat 5423]

Crypto replacing fiat is not possible now but in future when they resolve all the issues related to crypto .Then it can be used as fiat  alternative .But before it is just treated as coin investment.

[Mom0 222]

Yes, it can be possible but after sometimes not now. Because he is getting popular but it still need a long time. And phone now cryptocurrency Can't replace any Fiat because of the banning issues by the government

[thiscomm 306]

On 1/6/2020 at 10:34 AM, Jalil Baloch said:

I want to know whether it will remove all other existing currencies in the world or not in upcoming few years? Or it will not happen at all? 

in my opinion if crypto will shift the position of national finance for each country it will never happen. because fiat money in each country is indirectly a symbol and a source of pride in that country. this is also what makes each country have its own authority.

[Mosin 444]

Any cryptocurrency will not be able to replace fiat, because there are a lot of elderly people, and not only that, who do not even use a card to pay for goods in the store

[Kijin 3]

I don't think that will ever happen, because if the cryptocurrency loses control of the country's currency system and the banks by replacing the country's currency, then yes, so many people can replace the cryptocurrency payment system there. This may be good for you. 

[rianpedia 816]

On 1/6/2020 at 11:18 AM, Hasan943 said:

I am a new crypto user but as much as I have heard crypto currencies will never be replaced, because the currencies are legal and all countries are recognized. Crypto is currently used only as an investment.

true I guess like that is only used for investments that are more suitable and appropriate because there are no rules so no one is watching

[Mom0 222]

For now it can't happened because there is no Central Government for cripto currency and if there is the central government is also no Central banks for it, so I think It's not possible to be 31 of the general currency of our world But I think soon it's going to happened.

[Inferno 1]

Yes i think crypto will replace fiat currency. Almost every country has accepted cryptocurrency. There are some conflicts but it will be over soon.

[teminalibug 309]

14 minutes ago, Feckless said:

No,it cannot absolutely supplant different currencies,Country will permit extra need to bodily cash than crypto when you consider that crypto are virtual coins.

What about 100 years from now, would paper money still exist?