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MrMachize87usd

Crypto-currency vs physical currency which will win

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i think cryptocurruncy is better than physical currency because you can see why usdt coin is available? If there was no difference why the USDT was done? In the end i can say if there is no usd you can't trade! How to trade with one coin? You need physical currency to trade.

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English is a international language in the world.  The There are many people know english.  Crypto word and from in english.  It is not possible all people.  It is possible for who know english.

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Obviously cryptocurrency has bright future because of the influence on people even though it has no physical existence and fiat future is not bright because it has very slow transaction and have high transaction fee

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On 1/18/2020 at 6:16 AM, MrMachize87usd said:

Some say crypto will replace cash and currencies by 80% by 2021 and will be the number one payment choose in all transactions whats your take 

I think cryptomarket will losings while it comes to earning net income because it's easier to evolution through the employment of cryptocurrency and also it can make you poor when the bull streak comes, unlike in physical currency, it's price changes but not the like as cryptomarket that become really high.

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No thing will replace a thing the fields are so far from each other don't worry and don't believe anything they say .

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I think fiats will remain forever because fiats are the only easiest form of payment method that anyone can use . in the past decades, many other payment options are invented such as paypal and credit cards, but amazingly fiats are still alive and didn't ever replace by them.


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41 minutes ago, Tanbir Ahmed said:

It has to be crypto if the platform is virtual. I mean in online platform the answer is easy.. cryptocurrency.

But on a real world out there i am affraid the answer will be physical currency.  

That is because people still say crypto is nit real money, when we start to value crypto as real money, it will be easy to replace the use of paper money with crypto.

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It is believed that digital money is very easy to store and can be used more quickly even for transactions. but we know that there may still be many countries that are not familiar and recognize as legitimate transactions. so it still takes time if digital money will be able to replace fiat.


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Bitcoin can change in just an hour, but physical finance is almost impossible, especially if you live in a first world country, it's a simple question, crypto currency will surely lose to our physical currency because everyone. Not using "Bitcoin" or other crypto currency.In addition, the value of physical money is much more stable than digital money

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In my personal opinion, cryptocurrencies cannot replace the major currencies of countries. Countries cannot allow currency solutions without taxes.


 

 

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i feel and both nowness submit to  fact primacy within the price but it's miles truism a well known tangible presentness may have a lot of extend to around the world at once, might be it's going to cut down someday. but crypto reach into is restricted all over due up to many nations prohibiting the it beaver state due in order to glamour quality, it's far unapproachable up to stillborn. so that somatogenic nowness seems up to be well-set and it'll take the cake supposing that we have a tendency to underperform asymmetric encryption slant somatogenic nowness around the world.

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Some say that by 2021, crypto will replace cash and currency by 5% and will choose the number one payment for all your transactions.  Everyone else says that by making money from it, there will be many benefits.

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Just now, Sams12 said:

When crypto is controlled if we can use it in our local area there is no need for physical. However, crypto will provide the best payment in the future.

It cannot replace fiat , as much as  we want bitcoin or other crypto replace fiat, it cannot be since fiat is a currency in every country and also not all people in a country has an internet connection.

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This is a very good topic .Thank you so much for posting about this beautiful topic.I have no idea of the details of this.I would be grateful if anyone told me about it because i am a new here

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Day by day crypto-currency is becoming popular. So after few years we can see that crypto-currency is more popular than this time. But physical currency is used now every people. At this time physical currency is available any time and people use it. But cryptocurrency is not used by everyone. But i wish cryptocurrency will lose any currency one day.

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Actually People working in crypto for Physical money and when crypto regulated if we can use in our local area then don't need to do for Physical But Crypto will best payment system in future.

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I don't think that would happen in the future. Fiat cannot be replaced easily for a reason that many people and almost all the governments would protest to it. Also not all the people have the same economic status and can access cryptos easily. 


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Bitcoin can change in less than an hour, but physical finance is almost impossible if you live in a first world country .This is a simple question, crypto currency will surely lose to each of our physical currencies because not everyone is using "Bitcoin" or other crypto currency. In addition, the value of physical money is much more stable than digital money

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You cant go to church and give crypto currency to God or you cant go to school and pay fees for your child with crypto! But you can take your fiat money and go with it anywhere where they use crypto and you can use it too. Crypto is a high valued money but fiat is a high powerful money.


Time is the ultimate weapon!

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Every Currency has its own rules and regulations in that local area so if we say that crypto replace all other currencies it may or may nit be true. To some extent crypto will have the potential to replace all others..

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In addition to digital money, physical finance is much more stable.  Bitcoin can change in less than an hour, but physical finance is almost impossible if you live in a first world country. It's important to know.

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The cryptocurrencies will always win because it supported by the government but cryptocurrencies doesn't have enough support from government


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I think that cryptocurrency will win , all countries that are developing now are gradually switching to contactless payment in all industries.

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