Will crypto currency replace all national currency?

[Ayush Singh 1175]

Its not possible and can also be said as impossible thought because as we know Cryptocurrency is a digital currency which is not certain and national currency is legally bounded by the government so i don't think that these question should arise in any of the minds.

[Aereen 456]

I personally think that in the next few years that people are still going to use fiat in their day to day transactions, and I also think that it is actually impossible that cryptocurrency is going to replace fiat.

[el-Muhammady 718]

It will be a nice thing to say but cryptocurrency replace Fiat funds they will continue living in cooperation and will work together one is for mean belongings and other is for digital things.
 

[fife76 0]

Такого не произойдёт ,но если кто-то сделает это, то это будет честью для всех любителей cryptoof.Так что можешь не беспокоиться

[nicolas1234789 2566]

That's impossible to become all national currency all country must accept it, this time only major currency and commodity can do that. Bitcoin is far away from accept and protection ( regulation ) and I think we don't need to press bitcoin into place they can never exist.

[Kawuak 142]

On 1/13/2020 at 10:17 PM, mskhatri24 said:

It is impossible that cryptocurrency replace all national currency as every nation has unique currency with unique value with unique economic challenges and till now even dollar didn't replace them. But I think just like dollar, crypto may be the universal currency for trade and investment around the globe.

I think you have a point but remember today cryptocurrency is getting global acceptance now and don't forget that today allot of things are happening on air not like before things are changing in one way or the other.

[Heroshema 0]

No way for that ..the goverment fight the cryptocurrency because it agnaist some people in the same goverment

[Zezo 306]

I think that's impossible, almost of countries banned currency and no country would want to cancel their currency for bitcoin, for example.

[aqua 773]

No, it is not. The cryptocurrency will not replace all national currency because the government will not do that. The government cannot control the crypto, and if the cryptocurrency has replaced the national currency if the price of that coin is down deeper, that will make chaos for all people because they will think that their country will not survive. Besides that, the crypto itself still too volatile, and that can make the nation will not stable for its economy. Many people will be worry to see their money is up and down many times, so maybe the cryptocurrency will work together with the national currency to make a better life.

[MuhammadSh 3067]

for now.. a lot of governments against this project!

but maybe oneday digital currencies would surprise allover the world! and maybe there would be some new coins which  would surprise us!

 

[steve197 522]

yes but in the far future

each country will realise its own cryptocurrency and thats will be very helpful when buying stuff you will just use your smartphone or even an smartwatch to pay from the market

[Interface User 1070]

There is a chance but not all fiat currency can be changed into crypto currency because sometimes we need a stable coin to lessen the problem in pricing of common goods when crypto currency will be implemented.

[dinabolt 514]

You are too far from reality and should wake up, how to become all national currency if bitcoin doesn't have regulation and every country have mining city?. It doesn't matter become what, as user we only need regulation, specially from our country. Don't think too far, not good for your healthy.

[babaji 1228]

Well, I don't want bitcoin or cypto to do that. What I want is bitcoin to act as a parallel currency which may be exclusively limited to the internet. And it has been going on very well, if only we can get rid of the greed of people with crypto.

[AL SHAIMON 1293]

I think it will not happen. cryptocurrency will use as like as gold in the future. people can not use them like national currency. we all know that every country should have their own currency. 

[Sid 589]

I don't think that will happen as long as the crypto currency cannot be regulated by the government. Why ? if it cannot be regulated it will cause chaos in the country.

[razib2227 171]

I think both crypto currency and Fiet currency need to be a stable relations. Physical money cannot replace over crypto coins, in the same way cryptocurrency also Won't able to take place over physical money. 

[cryptex 623]

Sure they will, eventually, but it will be the national-grade crypto-currencies opposite to those that circulate right now.

[Jaysen0104 536]

i think no because it cannot be use to the public market to buy foods there is no public market that supports crypto currencies now but i dont know in the other countries but in my country there is still no crypto currencies that is acceptable in the public market.

[Hendy1 370]

I think Maybe that won't happen, but there is competition in Crypto and national currencies. The advantage of Crypto is that it has fairly fast transactions compared to any national currency transaction. Some central banks try to make their own Crypto but whether their technology will be the same as blockchain technology which has a tendency to be very volatile prices.

[Rstunirk 151]

Only Bitcoin container overcome every one of difficulties and will quickly change the nationalized currency. merely Bitcoin and Ethereum bow to this and relocate on. Who knows while this will ensue and cryptocurrency will change fiat, it takes time.

[fuer44 1083]

I do not think so. as long as crypto has not gotten its intrinsic value for real estate or real use case, it will be difficult for that. In addition, the currency is also not possible to be replaced because apart from being a means of payment, the national currency is also a symbol of the country.

[MuhammadSh 3067]

there is no doubt that would be possible in the future!

i believe in the future of digital currencies and i think that maybe there would be some new coins which they surprise us

[AmjadBydn 0]

Not every country in the world legalizes cryptocurrency . Besides , many people are a little afraid of cryptocurrency , so I think that is impossible 

[MamaPoma 7]

I think that cryptocurrencies will very tightly enter the life of society, but to replace real money, I think not. At least not in the near future.