Will crypto currency replace all national currency?

[Divya rana 1252]

I think it cannot be possible because every country has different protocol regarding their currency.

[deepown 0]

29 minutes ago, Noyon007 said:

I personally think it is actual doubtful that cryptocurrencies are available to switch all national currency, a country's currency is one of its identification, although after one is travelling it may possibly route to via cryptocurrencies instead of trading fiat once upon a time cryptocurrencies are received and adapted.
 

Voluntarily no, governments wont allow that, but we know no one controls crypto and no one ever could, so could just happen.

[Mehnil125 431]

Crypto currency is the best way for earning money and reputation at a same time and also to be added that it is been used by many people and also if crypto currency will available in future then it will take over all the national currency.

[Hashirali 15]

I think it would not happen in next 20 years. Crypto will be use as payment in the whole world in futures but national currencies will also remain functional. There will b balance between them

[Tahsinul12 71]

Yah because of cryptocurrency all the national currencies will be vanished. But it will take time . Because still some country is not giving permission for cryptocurrency. The importance of digital currency will increase with the development of this digital world

[bitcoin-shark 1928]

On 1/13/2020 at 10:07 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 believe this will never happen governments and banks will oppose regardless, but I believe that in the near future they will be able to support them as an alternative payment method...

[George carry 24]

I didn't think it would happen in next 30 years. Yes cryptocurrency will use very much in this time national currency remain in function too. Because many people are still unknown with digital coins

[nickoman987 1040]

Yes, that's for sure, but it won't be so soon. Let's reason logically. We have a currency, for example, a dollar, it depends on the price of oil, gold, on power, incidents in the world and many more factors. And there is cryptocurrency, for example, bitcoin, it depends only on trading on exchanges and that’s all, the rate is controlled by the people themselves. Therefore, cryptocurrency should replace the usual currency.

[jekich.chan 1439]

I think that in 10-15 years it will definitely replace it. And in the near future it will begin to replace in countries such as China, where cryptocurrency is well developed and the authorities themselves are trying to develop it. Then after China and around the world they will switch to cryptocurrency instead of money.

[Mushika 16 0]

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[paradice 7]

Probably not. Maybe in Venezuela at some point, but worldwide? Sounds like science fiction. Governments will never allow it to happen.

[Bruno52 1141]

Crypto currency might replace national currency in the developed countries but I think that it might never replace national currency in the third world countries as many inhabitants of those countries don't have regular internet access.

[Naylor89 1223]

If crypto replaces fiat then there will be many obstacles that will be experienced by many people, to access someone needs a good internet network, besides this crypto is not suitable for macro transactions.

[George carry 24]

I think it's would be used 50/50 in coming years. Yes cryptocurrency is future currency but we can't totally ignore the paper money. Paper money also remain functional

[Hanan951 841]

On 2/6/2020 at 6:25 PM, Bassani said:

it will take time to become state money, because some governments do not fully trust cryptocurrency, so they need to be sure that it is safe for their residential areas

Yes you are right but if government work to get into this field then everything could happen very soon.

[Nezar 7169]

I think that cryptocurrencies will have a great future in different parts of the world, but it is impossible to replace the paper currency because no country accepts its currency to be online only because this poses a great risk to the state budget when any war breaks out.

[basel23 1722]

I do not think that governments will allow this

[Naylor89 1223]

I don't think crypto will replace Fiat. I think they will work hand-in-hand. There are still some flaws in the crypto world that has built fear in the minds of people. Volatility is one of those and it's going to be a hard one to control for a global currency.

[Prince90 668]

I really don't think so that crypto currency can completely replace fiat currency of all nation. Both the currency hold equal importance in our life. But remember that bitcoin is a digital currency and in rural areas you don't see people using smarphones to pay. 

[Bachakhani5050 9]

Hi friend. Well there are alot of crypto currencies which can replace other currencies but not all currencies because each and every country  has there own currency. 

[Lubruselu 2803]

National currency is the national currency and also it is the national symbol so there is no any country that's will accept to replace their national symbol because if cryptocurrencies which has no any controlled countries

[Miller Ha 24]

I think that crypto currency have its own value like dollars but it might be a challnging question crpto currency replace all nationak currencies. Due to the value of every currency the crypto may be.

[Talib 0]

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[rianpedia 816]

20 minutes ago, Shakib900 said:

I think it is impossible. Because every country of the world don't legalized cryptotalk.I think simply like the dollar, crypto might be the all-inclusive money for exchange and venture the world over.

Crypto is a digital currency for exchanging only fiat currencies. Of course crypto will not be legalized in the country but the country's currency system and fiat should emulate the workings and crypto digital currency system as a development. 

[SuperCrypto 7193]

Financial transactions have become digital even in the real world as well, through electronic payment tools, from direct debit cards to the service of Apple Pay and eBay, which are increasingly replacing cash