Will crypto currency replace all national currency?

[Gabomg 54]

I consider that it is very unlikely that cryptocurrencies will replace the national currency of each country, there are many interests involved, especially governments that do not suit them because all countries work with taxes and the implementation of cryptocurrencies would be a hard blow for its decentralization.

[DarkDraceOne 15]

I don't think crypto currency replace national currency because the crypto coins are virtual but national currency are very popular all the world ı think in the future crypto currencies getting popular day by day but they don't replace national currency.

[Jose2323 186]

Ufff friend of course, yes, imagine if cryptocurrencies are the money that is used today, the value of digital assets would increase even more and adoption would be incredible since today sadly less than 10% of the world population uses them, yes A better world would be used without a doubt since to begin with, the physical currencies would disappear and the payment system would be the same everywhere that would save us a lot of time today imagine risking someone with covid 19 giving you a ticket where come the virus uffff crypto adoption comes soon and we will be more false.

[CoinFree 54]

Very soon we could be in the presence of an ecosystem where both can coexist strongly until digital money completely replaces national money.

If you think about it for a moment, imagine all the barriers that could be eliminated if centralized money is left aside.

[sarahmoses202020 251]

On 1/14/2020 at 2:46 AM, Aereen said:

I personally think it is very unlikely that cryptocurrencies are going to replace all national currency, a country's currency is one of its identification, although when one is travelling it could resort to using cryptocurrencies instead of trading fiat once cryptocurrencies are accepted and adapted.

Well it is unlikely for crypto to replace fiat but it could be possible that each country would have a stablecoin attached to its currency so as to be used in crypto trading. However this would not mean that crypto has replaced fiat. It would only be an identification of a country I'm crypto.

[mariag921 26]

I can not say that the crypts will replace the national currency but the countries will have to live with them because every day they take more strength as a means of payment, it will be necessary to integrate the crypts in more spaces

[Hear80 122]

I believe that at least now it will not replace the local currencies of each country, although I consider it a very good way to say that some are free, escape a little from the local currency that loses more value every day, perhaps make more money, and yes One day it happens that I replace it and we will be more prepared for such an event.

[Johermi 1170]

My opinion is that it will not totally replace national currencies, perhaps in some countries if it does, and what I do see is that cryptos will become the world due to their great potential and countries that have a high inflation rate. They will look to invest in crypto because it is more profitable than their local currency. it's just my humble opinion

 

[jorgeDV006 93]

I do not think that it is possible to totally replace
paper money with cryptocurrencies, for the moment the
two will work together as a system in exchange operations

[ad1123 28]

The truth is that I think it is very possible that this will happen, but in my opinion cryptocurrencies are the future because we are practically in a digital age in which everything is done online. I think that perhaps in the medium to long-term future, Fiat currencies will disappear to give way to cryptocurrencies.

[Litsuga 65]

I think that very soon I do not think that it will happen in the future possibly if it happens all the future goes to digital

[leakydonney 1402]

Crytpo currencey will never and ever replace all national currency because it's adoption is still not that high because of poor awareness and knowledge which can not motivate and lead people to use these Crypto currency.

[kabiroff 23]

Я не думаю, что криптовалюта может захватить все валюты, поскольку не все страны в мире достаточно развиты, чтобы полностью обрабатывать цифровую валюту, и поскольку криптография децентрализована, она не может регулироваться ни одной страной, а это означает, что она не будет принята так легко.

[CDDISK12 659]

Cryptocurrency will not replace the national currency (fiduciary money) in the near future simply because society is not ready for this. Only a small percentage of the population understands what cryptocurrency is and how to use it, what its advantages are, etc. But in 60 years, in my opinion, the replacement of national currencies with cryptocurrency is very likely.

[kengman 34]

Trust me, it's only ficticious dreams of people and crypto will never replace dollar. These crypto companies have no credibility, as anyone can make crypto and list on an exchange and raise money. In the end, we all know that they have no intrinsic value therefore bound to see the dirt.

[annayks 2314]

No it won't and you talk about crypto in general like you mean that crypto is one cryptocurrency. You have to learn a lot as this questions shows lack of knowledge. You don't ask this because it is shows you have no idea what people mean with the word crypto.

[Kron1749 63]

I think that this will never happen.It's bad for the government and the banks that they can't keep track of our money.That's the main reason why this never will happen. Of course, I would like to hope that this will be a reality in one day, but this is just a dream

[bogdanoff 3173]

My answer is no and you have to know that crypto is not something that can be used as one it means all the cryptocurrencies and they tried to make it look cool with this abbreviation that I don't like to read. You could say cryptocurrencies and what will this mean that all the cryptocurrencies are worth something when we know that most are not worth anything. So you have to be specific because the USA is not going to replace dollar for crypto as XRP or VET or NEO. 

[felipe isaza 15]

I believe that cryptocurrencies still need a very long process to be able to replace the local currency of each country, but technology could easily be an option to stop services without any problem

[kame2030 158]

I don´t think  governments are going to get rid of the money monopoly that easily. I think they will digitize their currencies, putting paper aside.

[lonewolf 47]

Definitely not, cryptocurrencies cant take over national currencies, but they will be used along side the physical currencies

[kryptonick 2659]

This is possible to happen in some countries but not everywhere. China has banned Bitcoin and the US and europe don't like it a lot. Maybe a country that has many problems with their currency can use Bitcoin and if this happens we can see the exact results of this.

[Omar1234H 148]

It is good that some cryptographic currency manages to control some country, but cryptocurrency projects arose not to be controlled by the government or any country. Therefore, if a country wanted to do so, it would have to inform its citizens. Also, not everyone has internet to make p2p payments 

[baykriptoo 15]

i think bitcoin will not replace to national currency.. but i think one day in the future bitcoin will replace to international currency.

[Joseunda 35]

I do not think it will replace it, what i believe is that cryptocurriencies will live with us now forever