Crypto-currency vs physical currency which will win

[Moontong 5312]

Fiat currency and cryptocurrency have both purposes and importance in our daily lives, I will list down all the advantages that we may have from cryptocurrency and fiat currency.

Fiat currency

1. Good for daily finances.

2. Some establishment only offers fiat.

Cryptocurrency

1. Good for investment

2. Good for faster transactions.

 

[ajabe2 1485]

There is still a long path to the replacement of physical money by digital money. In future physical money might be used rarely, but it never means that cryptocurrency will replace it. I know some people feel comfortable with digital money but there are some people that cannot even understand their life without physical money too.

[M.bello 1015]

Actually not with standing crypto currency has done a lot to many people in the world, crypto is the easiest way of finding money with no stress here you use your ideology and experience to bring up something to other where you share your knowledge while physical currency you need to use your power before getting it 

[Biojay 2080]

On 1/18/2020 at 12:16 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 

Hello mate, I don't think cryptocurrency will replace physical money in 2021 because most countries are yet to know crypto currency and most countries have not even legalize it and physical money is what the world still know, 2020 has even been distracted by the Covid 19 virus and it won't be easy now for digital currency to replace physical money.

[Abuhassan 89]

I don't think crypto currency can replace physical  currency even if crypto currency will win widely adoption it will take some time and  it is a long term run.

[guatazoo 7150]

Fiat currencies is already won and thats why fiat currencies are used worldwide, but cryptocurrencies still in the battle to win because it get restricted in some of the countries. 

[Frodler 943]

These is a very wonderful contest, but without doubt, cryptocurrency will probably beat the fiat currencies in every aspect and category of these contest. 

[Russel 017 506]

Every country has it’s own currency. Bitcoin would not be able to replace the currencies that exist in each country. I think physical currency are safe because cryptocurrency has many hackers.

[MalikAdnan 1662]

These are two different currencies. So, i think crypto is digital currency. But physical currencies now have more important than the other currencies. Because everything you can bought directly by this currency. So it is important now. 

On the other hand crypto is a revolution in this age. No one can fight with crypto may be one it will take over on physical currency.

[Zubiiíii 450]

Every currency has its own value.Crypto is the best currency but in some countries it is banned so according to my view both are good.

Crypto is the digital currency.

I also use crypto currency.

[The Game 2059]

We all know flat currency since from childhood but what of crypto currencies it was just introduce a decade ago and as a matter of fact we know how some country are banning crypto currencies but in the issue of flat currency every country have it own and is officially legalize but crypto is not like that means it still have a long way to go if really it want to replace flat currency.

[Tom Brandon 226]

I think fiat currency will win other then cryptocurrency.At this time cryptocurrency is not legal in many countries.But in the near future cryptocurrency will overtake fiat currency demands.

[Nayeem1312 743]

Crypto currency and physical currently are not same but if you compare with two so i will think physical currency will be win. Cause all people use physical currency. Crypto currency is not available for all countries and it's have not enough facilities like physical currency.

[mzk7736 1592]

The progress rate of cryptocurrency is better than local currency in the initial phases. But the concept of local currencies is so all that it has progressed and being adopted by a lot of people and I don't think in near future cryptocurrency will ever be able to surpass it.

[Arslanbhai123 628]

Physical currency can't be change by crypto because there are some countries that are developed and rest are developing.

Cryptocurrencies can be use as parallel to other but can't take fiat currency place. Because there are many chances of scamming and hacking in crypto that not occur in fiat. 

[Abdul1168782 572]

It's really difficult amd seems to impossible because it's a digital currency and it has a large difference between physical currancy. And every currancy should consider the symbol of that country.

[RonaldB 48]

I do not believe that Bitcoin or any other cryptocurrency replaces local traditional currencies, but rather that they complement each other in developing a financial system that benefits everyone.

[Jaafar Fahad Hassan 114]

I don't agree with that, that can happen in the coming Future, I know of some countries that don't still accept cryptocurrency, so how would those countries transact with crypto, indeed crypto is taking over every or almost every corner of the world, but replacing physical money in 2021 will be very difficult ,or what do you think @Gomez12

[Ludmila Castro 1153]

Each country has its own currencies, I see it very difficult for this to change and allow the new currency to be digital

[Michaelx018 0]

I don't think the real currency will be completely replaced by cryptocurrencies .Cryptocurrency and real currencies will go together in the same platforms because at the end of the day both of them complement each other really well. I use cryptocurrency and trade it to get real currency for my daily needs.

[guatazoo 7150]

Cryptocurrencies will always be winning to the high price more than fiat currencies, but crypto cannot win over fiat currencies in the marketcap and trading volume. 

[Syman 520]

Each currency is very valuable and one currency is dependent on another.  Cryptocurrency is now being used well and is progressing well with various Fiat currencies.  Only when the cryptocurrency is legalized in the world will Fiat go ahead with the currency.  Both cryptocurrency and physical currency are in high demand.

[Brushless4500KV 4214]

46 minutes ago, Miss Wanda said:

At present, obviously physical currency win it.Because many country cannot accept crypto currency at now. I think after some years we will see that every country accept cryptocurrency.

None of them are the absolute winner. Each one is a winner in its own right. Physical money is the winner when payment ability at all conditions is the concern. Crypto is the winner when privacy matters most. There is no substitution until one day comes that you can use crypto for all your daily needs and purchases. There is no potential in physical money for earning but the variety of earning ways in crypto is immense and this is the attraction of crypto that turns some people away from fiat.

[Frodler 943]

if you observed you will understand that it is the failure of the Fiat currency that brought about A Revolutionary currency called cryptocurrency and this currency has proven to be more useful in terms of trading and Investment, in terms of value and assessments and  offcourse every other financial aspects

[iberahim 401]

Seriously I don't think this will be possible because every county is proud of has currency and once again physical is save from scams