Can crypto replace other currencies?

[Zaibi Zia 22]

May be bitcoin has just supplanted some fiat cash in battling nations like Venezuela and we as of now observe it occurring there in light of the fact that individuals lost confidence in their fiat cash so bitcoin was the arrangement.

[Neneng B 74]

I think it will not happen that all currency will replace by cryptocurrency. The main concern by government with cryptocurrency are tax free and it can't be regulate by third party which is the government. 

[Naylor89 1223]

Replacing fiat currency is hard but the crypto is growing and spreading all over the world and will work almost in all the countries in future. However fiat currency will not replace completely by the crypto but the systems will change to make stable situations for the use of both.

[sams 18]

I think cryptocurrency will use it as a physical currency. It is not possible to replace crypto in other currencies. If crypto is legalized worldwide.

[Naylor89 1223]

Never, I believe forever can not crypto replaced fiat, because fiat is too liquid and easy to use, so the replacement of crypto will make many people do not know how to use and can It would cost more to invest in government equipment.

[Fleur de Bleau 168]

No, cryptocurrency can't replace  the Fiat money because  fiat is a traditional  money and acceptable worldwide.  Cryptocurrency is a digital only and it will never become the real money or fiat. Maybe it can be use as a payment  but in online shops only. 

[Iamstrong 563]

I think not, the maximum that cryptocurrency will do is become an additional currency, but the other currencies, the dollar, the Euro, and others will remain.

[SanjidaAkterSanju 69]

No i don’t think so. Because it  has been a very powerful currency in recent some years. People love to use it more and more. If you or anyone want to exchange it then his must be more popular than crypto. I don’t think so that could be happen. Hope you get your answer.                

[Riad20 6]

Some places are still in a worse position than currencies, but this might be possible in the future because very few people know about crypto and their use in today's world, not every place is covered by modern technology. On this eart

[Naylor89 1223]

Maybe the bitcoin will be able to replace the fiat, but it will still take a long time and in any case it will never succeed completely. Using bitcoin implies a technology that is unlikely to be accessible to everyone.

[CryptoMaxim 3829]

On 06.01.2020 at 08:11, Mursanna said:

Crypto will never replace currencies, because currencies are legal and recognized by all countries. Crypto is currently only used as an investment

I also think that it will not be possible to replace ordinary money they have been around for a very long time and the economy is based on them.

[Vivek1997 437]

I don't think so. To replace other currencies, cryptocurrency has to firstly get universal acceptance and we are already looking that many countries are banning cryptocurrency. Also cryptocurrency don't have any control over it and highly volatile so it's not much good for economy. Thank you.

[duncun007 3577]

the only way any coins in crypto can actually replace a real fiat money is if the fiat money lost its actual value because of any political or war going in the country.

[Naylor89 1223]

The era of the cashless society will take some good number of years to come. Crypto will spearhead this movement but it needs to meet the mass adoption and acceptance of the governments first.

[Sohan Ahmed 30]

I don't think this is possible.

Because, you know cryptocurrency is a kind of vertual currency.

Beside, other currencies are real and you can touch or feel them in your hand.

I hope you got my point.

Thank you!

[Vivek1997 437]

I don't think that crypto will replace existing currency of world even after looking to great demand of cryptocurrency in market. The reason for not replacing is not getting wide acceptance from global countries to cryptocurrency as many countries already banned some cryptocurrency. Thank you.

[Naylor89 1223]

It is clear that crypto is faster and more measurable. but there is also a problem with crypto replacing fiat, because there are still many countries that have not been able to accept crypto transactions as legitimate transactions recognized as legitimate payments by the state.
 

[duncun007 3577]

7 hours ago, wilbertson said:

You are literary saying that crypto is not a real currency, that feeling is exactly what hinders the growth of it.

not just this guy but many people out there see bitcoin and crypto as toy money and not real money because they are used to money and investment they can see and touch and not just online.

[Shaze win 107]

Yes cryptocurrency can replace other currencies in near future because the new age will be also Technology provide and everyone will have a technology so the currency nowadays will vanish and digital currency will prevail and cryptocurrency will be on the top because Crypto currency e is used nowadays to so the people have knowledge about cryptocurrency till now that's why in the future cryptocurrency will prevail and Fail all other currencies

[Hassanali 22]

I think we not replace crypto to any real currency because crypto is a digital currency and we not see this currency physically we just do investment with crypto.

[Khalid Khan 24]

In my point of view crypto is one currency among all when compared to that all crypto is one of the best currency like bitcoin replacing crypto with other coins is unpredictable we cannot say that crypto can be replaced with a particular coin so replacing a crypto is unpredictable

[Sohan Ahmed 30]

No, I don't think so.Because, cryptocurrency is a kind of vertual currency.

Beside, other currencies are real, which you can touch and feel.

In general market real money should be accepted generally.

Not a vertual one.I hope you got my point.

Thank you mate!

[Tahsinul12 71]

Yes cryptocurrencies can replace other currencies without any doubt... Our world is getting digitalised... As a result digital transactions are increasing day by day. If all countries of the world legalize cryptocurrency then other currencies will be vanished

[nickoman987 1040]

Cryptocurrency will never completely replace money for us, it will simply be used with them. It is possible that such communication will be very deadly for money, they may lose their value in terms of course.

[Sakina 2]

On 1/6/2020 at 9:20 AM, Shuusei said:

I'm sorry to say this but I think it's unlikely to happen. The country's currencies is like their identity, the face of their country. Even if we live in a modern world, not every place is covered by modern tech. Some places is still in poor condition than the others.

Actually my friend I agree with your opinion I think your right some places is still in poor condition than the others still we causing the real currency