Will crypto currency replace all national currency?

[CruSh1k 25]

IMHO the answer is "NO"... At least not in the nearest future. Simply because lots of money are still in physical state. Other point - is people will lose their jobs, if cryptocurrencies will replace fiat money... Many reasons will interrupt this replacing

[esoj 52]

This will depend on the country but it is a matter of time for this to happen today, in many countries it can be bought almost everywhere with cryptocurrencies which is much more feasible, not in undeveloped countries, I doubt it or not in the future Sercano

[federicol17 29]

Actually I'm not so sure, I know that cryptos will continue to gain place but I don't think it will make the national currency disappear, they will surely continue working in parallel.

[yato987 2811]

no it won't , neither now nor in the future as well , i believe that crypto will be very important in the future but not to a level that it can replace fiat and considered as the main method for buying things,  it will just get more access to items we can get by using crypto directly

[Khaled1994 67]

عزThis is difficult and impossible that we simply cannot give up

[Adam adam 276]

Yes, I share your opinion and I hope so. But it may take some time for the idea to permeate

[Belal sy 10]

It could replace the US dollar as a global reserve currency by 2030 or sooner because of the disadvantages

 That Bitcoin fades out as a virtual currency, unlike fiat currencies, as it is a decentralized currency and does not accept printing or

 Inflation and the limited availability of them in the world, which leads to their scarcity, such as precious metals, and therefore, in a personal opinion, there is a high probability that they will replace paper currencies.

[Mohammed Abduo 4]

in my opinion this is not possible that crypto currency take the place of national currency because there is some countries don't accept or agree with crypto currency so it's so impossible

Edited October 4, 2020 by Mohammed Abduo

[Naylor89 1223]

If technology continues to grow and crypto has a nice and more perfect progress in the future, of course it is not impossible. So we must follow the times, for going to a more advanced civilization of course we have to change to a better direction.

[luisra21lu 21]

Cryptocurrencies have certainly taken over the financial market today, but being decentralized, the rulers do not have power over them and many things would get out of hand; So although we are invaded by cryptocurrencies, these will not be a replacement for national currencies

[Amr Abdelbaset Dahy 23]

Why not the crypto currencies are controlling our world. And the big investment depend on it so in the near future I think it will replace the national currencies. 

[Sakib01 1]

If is just because of adoption of crypto currency is increasing day to day.I mean they are stable and they have their own place in the financial system in the world.Crypto currency can never replace national currency because a country  gives its first priority.If keeps you from carrying a lot of money in your wallet and roaming in the market.

[hamdla 2]

yes it will replace but after 100  year.

[ponijandu 0]

Crypto currency never replace natoinal currency. National currency will remain always a paper currency. But cryptocurrencies aee growing fast.

[robik963 10]

I think this is absolutely impossible, because each country has its own and different currency. They have not replaced any cryptocurrency with a national currency. But in the future, many countries will move the physical currency to digital currency using blockchain technology in my opinion

[Tarikdamiri 34]

 İ don't think that the crypto currency will replace the nationalty currency , bu i think that will be crypto currency for evre stay and nation , llike Chinese digital ywan 

And the currency which we know at this time it will be disappear at the time 

[Kernelvik 414]

On 14.01.2020 at 01:40, tienda said:

Заменит ли криптовалюта всю национальную валюту? Я думаю, что никогда и невозможно, чтобы криптовалюта заменила фиатные деньги, они будут существовать и то и другое, и будут работать вместе, одна предназначена для физических вещей, а другая - для цифровых.

Криптовалюта не сможит заменить обычные деньги по одной причине, люди и при чём многие, просто не умеют ей пользоваться !!!

И ни одно государство не согласится менять свою валюту на валюту которую нельзя потрогать и подкрепить!

[Ameer999 13]

Well i don’t think that Crypto will overtake the national currencies as one of the most famous arab business man and accountant owner of the biggest accounting company in the world located in new york his name is talal abu ghazala, a Jordanian businessman, he says that crypto world is huge and will get bigger over time but it could not overtake take national currencies because it is not auditable and tracebale with no soucres, which have no logical and sensible, everything in the world ahould have a background and reference, which crypto doesn’t, without having a reference and background will lead to corruption, disorders, and with no system the word will be not be organized and leaded properly, world ahould have a leader as the family should have a leader who is father for example, so this world the leader now is USA American Dollar, maybe in future it will be China with Yan but not crypto.

[satella17 65]

On 1/13/2020 at 3:07 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?

I don't think so, because it's very difficult for countries to change their currencies for one that doesn't have backups

[litecoinero 35]

In fact, in my country, they are already one step away from replacing the national currency and from replacing the cryptographic currency at the general level and replacing the dollar in the not too distant future.

[Alpinist 19]

No. I am sure that cryptocurrency will never replace national currencies. Its impossible because banks wouldnt let crypto to replace fiat. Crypto always will be in second place. Some people told that Bitcoin will overtake USD. Seriously?

[miguel41 5]

Yes The criptocurrencies are make the world a better places and make to The people more acceda to all they want to buy

[Gluttony 1775]

There is a probability that this kind of scenario would happen since the occurrence of the digital coins are already giving us a sign of the phase about transitioning the financial transactions throughout the globe. I might say that I actually prefer if the fiat currency and the crypto currency will still coexist which could actually be more beneficial for the two. At least we would be able to still managed to take advantage of what we are doing in the market since we know that digital coins are still dominant compare to the fiat currency which is I think the reason why fiat currency should still exist and could also be the reason why most could actually generate more profit to this.

[Joli7 25]

Yes, in my opinion, that is very likely to happen and that is where we are going, because more and more cryptocurrencies are appearing, little by little they will replace current currencies and the entire economy will be digital.

[Bills 583]

In the near future if it is possible that it can be totally replaced, the world economy is collapsing at any moment, the only thing that can stay afloat is bitcoin and gold.