Will crypto currency replace all national currency?

[mohmustmmau 4]

That's a good question, but i don't think in anyways that cryptocurrency will ever replace the national currency of any country. It maybe a top transaction currency for the internet but not in real life and that's my plain opinion.

[Naeem 40]

why not??

internet is developed day by day..and countries are going to use bank cards as a way to buy and sell without the need to buy cash....

and crypto coins aren't related to any government and don't be affected the situations of any country and thats what give it the power ...

I think the future is for the crypto 

[Santo123 4]

I have been working in few year in many site but i lost my money in few site now i found a very trusted site crypto currency site now i earned a batter payment in this site

[Naylor89 1223]

The cryptos are going through a difficult moment, so they will hardly be able to replace the fiat for the moment. However, when they become easier to use, and above all more stable, there is a good chance of success.

[Madison 165]

Сurrеntlу it is diffiсult tо dо this bесаusе this will lеаd tо thе соllарsе оf thе есоnоmу оf sоmе соuntriеs, but in thе futurе it is vеrу роssiblе with thе dеvеlорmеnt оf tесhnоlоgу in thе wоrld.

 

[GeorgeD 5]

On 1/13/2020 at 11:07 PM, kingsbtc said:

It is like crypto currency is taking over, if you check well you will find out there are so many crypto currencies in coinmarketcap.

My question is Will crypto currency replace all national currency?

Hello my dear friend.  I believe that the cryptocurrency can replace the currency of some countries because the cryptocurrency is a digital currency that is not traded except electronically. I am the currencies of countries, so they are traded among all people.

[Upright 2688]

As per my surveillance, on most analyst and she me reputation people, have always liked the involvement of Crypto into the society and which Crypto may or can't replace the original country Fiat money, but might play along for an improved economy

[Naylor89 1223]

For Cryptocurrency to defeat the circulation of Fiat I think it will be very difficult because there are so many people who do not know how to use it and can benefit from cryptocurrency.

[Beatl 4]

No, it won't, cause any state has no desire to lose monopoly on currency emission. Government can use Blockchain technology for their own needs, develop own cryptocurrencies but will fight against private currencies.

[lolrik 2]

I don't think this will happen because every country has not legalized cryptocurrency,  but no one don't know about future cryptocurrency is a digital currency is value is also increasing.

[sha56 7]

i myself suppose it's extremely not going for which dollar denominated assets will supersede wholly monetary, group a country's currency owe allegiance magic profiling, until any old will be move it could possibly call upon mistreatment dollar denominated assets in preference to commercialism order when fiat currencies earn as well as becoming.

[Naylor89 1223]

Government is not easy to replace crypto as their main money, fiat there since long and already feel its function well. the government needs to think about it because the price of the crypto currency fluctuates.

[Ali_hmwi 966]

On 1/16/2020 at 8:13 AM, guatazoo said:

If all countries creates their own cryptocurrency, i think that is how crypto is replacing fiat money.

Yes and also they will control the maeket and everything again 😂 

[Hanan951 841]

Yes and no crypto is cryptotalk in platforms not in real life both will stay on this earth but they may effect on each other in a good and bad things from the to time.

[m7md 0]

I do not think that cryptocurrencies will permanently abolish national currencies, but they will compete with them, and dealing with them will become like dealing with those currencies, that is, formally and officially.

[George10 9932]

Its not possible for cryptocurrency to replace national currency or fiat and in my opinion I think both will get along and used as one.

[Nurul11 1]

I think it is possible, but it be a long time. The Most Appropriate Solutions Should Be Friendly In National Currency So That's Uses and Support Can Be Provided To Each Other. This is my Personal Opinion, But The Total Replacement Will Say That Is Difficult for The Period

[SuperCrypto 7193]

The use of fiat currencies has begun to decrease over time, and the financial services sector has witnessed major changes in the past period and people have become increasingly reliant on technologies to help them make financial decisions. So yes, cryptocurrencies can replace paper money.

[Hanuman 253]

I think there is a big no from my site. That crypto currency will replace nantional currency. Everyone known that we buy that we buy crypto currency by spending our nantional currency.

I know, everyone also crypto currency value is high. But it can't.

And also this currency is not real.

[Jessica Karren 1242]

It is not easy for cryptocurrencies to replace national currencies because the national currencies are well established and works according to some rules and laws while cryptocurrencies has no rules and laws at all 

[Trader21 1199]

l believe that, cryptocurrency will change all of national currency as always. The popularity of crypto is increasing and it keeps day by day increasing. Economics problem will be solved through crypto. 

[Fedor00 74]

No, that's never going to happen. Because national currencies are supported by the governments and most important by the people so they cannot be removed 

[magd 5231]

This will not be possible in many countries that do not recognize the existence of cryptocurrencies. In my country, I am exchanging some of my cryptocurrencies through intermediaries only.

[guatazoo 7150]

On 3/13/2020 at 12:09 PM, Jacklyn said:

In the current world, the popularity of cryptocurrency is increasing and the number of users is increasing I think crypto currency will replace all national currencies.

National currencies will be ruined and people will stop using them automatically.

[johant123 1559]

3 hours ago, eoskingmob said:

Will Crypto currency replace international currencies? I don't think so, because Crypto currency is very different from national currencies. I think the Crypto currency still exists and is aligned in the USD or Euro currencies.

You hit on something important here (and we already witnessed that in the Eurozone). States use their currency also as a tool to influence the economy (e.g. devaluation to stimulate exports). If everyone is going to use decentralized crypto currencies, then countries lose the option to use their own currency for stimulating the economy.

 

This has already happened in the Eurozone, where countries with very different economies, and monetary policies, suddenly used the same currency. Look at Greece to see the potential consequences.