Will crypto currency replace all national currency?

[AboQusai 155]

I do not think so in the near time, there are still many consequences between cryptocurrencies and countries, so how can countries adopt a currency that cannot track its transaction or control the price of this currency or impose taxes on it, in addition to our current need for a paper currency because not all countries support electronic payment in a way Full.

[Ramossss 963]

I do not think that cryptocurrencies will replace national currencies just because governments in countries will not allow this, and through such a measure, they will harm the national currency, reduce its value, and thus a collapse in the economy, but citizens can be allowed to deal in cryptocurrencies along with National currencies.

[Ali iskandr 600]

This may happen, but it is not in our interest to do so quickly. The economies of the developing countries will collapse. They must gradually replace the natural currencies, and this happens with the agreement of the big countries.

[Miraa 654]

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.

[lubinshah 562]

This is the reality that crypto come big change in the real market. We know that daily basis more new crypto coins introduce in the crypto world. But your question answer is that it cannot take national currency place.

[Alish198562 436]

At the moment, I do not think, for paper currencies are still dominant and a good number of people do not know cryptocurrencies, in addition to the fact that many governments have not yet legislated them, it takes time.

[Taj93 295]

No one can predict this, as cryptocurrencies are spreading widely and people accept their use and trust them, and they have proven their existence because they are superior in price value to all local currencies.

[Xantosis 426]

That is impossible 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 since it is illegal to accomplish a transaction with it.

[Majdyarous 157]

No one knows what will happen in the future because it does not depend on the type of currency but also on the market and the economic situation, but I do not think this will happen in the near future.

[april1221 303]

On 1/14/2020 at 4:07 AM, 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?

In my opinion, cryptocurrency cannot replace all national currencies. The national currency must have a special institution that oversees the transaction and the circulation of the money, while the cryptocurrency itself has nothing to control so it is difficult to monitor.

[Fatima Alre 766]

It is almost impossible for Bitcoin or other digital currencies to replace the US dollar as a global reserve currency, at least in the short term, and the volatility of Bitcoin's price and its extremely limited supply makes it ineligible to take this role, the digital currencies is unpredictable.

[Muhammed7 320]

I do not think that cryptocurrencies will fully dominate the market, but they will become, like other fiat currencies, have a value and circulate among people and are recognized.

[Johnii 256]

No i don't think cryptocurrency will take place of national currency of country because these are two different currency one is digital currency and other is physical currency. We can say that many daily routine could be done through this cryptocurrency in future but it will not replace national currency. 

[Claria 401]

Digital currency also known as cryptocurrency cannot replace all national currency and my reasons are as follows 1. Some country didn't joined the platform of digital currency 2. Some country that want to participate in the forum are not accepted 3. The currency cannot be withdraw in some country.

[Jamii 608]

I don't think that ,benoth are using. So with the use of technology use of cryptocurrency is increasing and we are earning from cryptocurrency.  So people want to earn bitcoin and rather then other currency.  So it have value in warld but it can be replace if people totally move to cryptocurrency and must use technology then it can be possible.  But i think now a days both are using on high level. So if we generate more money then we must select cryptocurrency not fiat money.

[Shajada 115]

No.. The government don't agree with this, because they can not control cryptocurrency and I'm sure they don't want to replace the national currency. It is really risky if we use crypto because it can go zero value.

[Anower 79]

This is the reality that crypto come big change in the real market. We know that daily basis more new crypto coins introduce in the crypto world. But your question answer is that it cannot take national currency place.

[Powell 572]

This is impossible, because i think that there are some countries that area yet to accept the cryptocurrency and they will hardly do that, so no way the cryptocurrency will replace the national currencies around the world, this is my thought on this.