Crypto-currency vs physical currency which will win

[MrMachize87usd 66]

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 

[Migo 7946]

Every currency has its own place, no country can leave its currency because usd or euro are official symbols in each country, and bitcoin cannot replace any of them now or in the future, maybe they will in the same side one day, who knows 

[Jonas101 15]

This an easy question, crypto currency will surely lose to every physical currency we have because not everyone is using "Bitcoin" or other crypto currency. Aside from that the value of the physical money compare to the digital money is much more stable. Bitcoin can change go down in a span of an hour but the physical money I find it nearly impossible to go down specially if you are living in a 1st world country.

[Satishmolankar 1703]

Crypto currency will not change the current country currency because they are for long time and crypto currency are came from some years but it is faster and famous in the the people who work with it

[miskyming 1588]

There is possibility could happen that crypto will replace cash just like in China there are some places that they don't use fiat anymore, they use digital money to pay instead, but not cryptos just their local digita money.

[Great Commander 659]

Third world countries will tend to use cryptos as their government usually bans or forbidding the usage if it unlike the national currency. 

[sdsonjoy50 886]

 

It does not seem to me that the circulation of Fiat currency will be around the world in 2021, the use of crypto currencies will increase but the Fiat currency will not be affected. The use of currency will increase and the use of fiat currency may decrease.

[Luciferludz 1442]

Fiat currencies has already have the very big reputation since century of centuries, also fiat are owned by the government, so it will be too hard for the cryptocurrency to win

[Heroshema 0]

In my opinion .. the crypto currency is the future .. I mean there's a day in the future we don't need a physical money

Note : I mean the crypto Usd, EUR and RUB ...Etc

[mskhatri24 299]

I think both the currency have their specific importance in the global economy but it is truth that physical currency has more reach around the globe right now, may be it will reduce in future. On the other hand cryptocurrency reach is limited around the globe due to many countries banning it or due to its high value, it is unreachable to poor. So physical currency seems to be strong and it will win if we do crypto vs physical currency around the globe.

[Maxtron73 3269]

One thing is for sure that crypto is getting everyday more popular. Just remember this , castles were not created with one or two stones, it takes time for things to developed and completed. Bitcoin and crypto is working to complete a program that Satoshi Nakamoto began about ten years ago. 

[Fattkidd 1852]

Crypto cannot replace the a countrys currency we know cryptocurrency has many advantages but they will not abandon there own currency just to use crypto.

[gigabyteRTX 1583]

Well, some so it means that it is still confirm, but I think we still need fiat currency in our own money and why they will do this if most of the country and its people don't know what cryptocurrency is and how it works or worst they still don't want to accept this thing, so I think it is still impossible.

[Rahul21 626]

Yes I can imagine that the Fiat currencies worldwide will not actually reach such a level by 2021.  However, the value of digital currencies in cryptocurrencies will increase very much by 2021, and what the cryptocurrency's peers say will increase a lot in the case of digital currencies.

[suzuya 945]

I think cryptocurrency will win when it comes to earning profits because it's easier to gain through the use of crypto and also it can make you rich when the bull run comes, unlike in physical currency, it's price changes but not the same as crypto that become really high.

[Sourav43 106]

1 hour ago, Shuusei said:

Why does one have to replace the other? I will say this, that cryptocurrency cannot replace fiat currency of one's country. You could see that not every one/soul in this world are using bitcoin. There are still a lot of them that doesn't have any idea about them. It won't replace fiat no matter what. No country will replace their fiat, not now at least, or not in the near future.

I agree with you. And you made such a good comment. I understand a lot of things thanks to your comments.

[PiroSense 2681]

17 hours ago, MrMachize87usd said:

whats your take

Cryptocurrency is not the only digital currency. Even governments can make their own fiat in digital form (digital USD for example). It is indeed replacing cash/paper money, but it's still up for debate whether decentralized cryptocurrency would be used, or centralized digital fiats backed by the governments.

[Jokeer 648]

Both currencies has it's own place where in future or at this moment country can't leave their official currency and I don't think so in future bitcoin will not replace any of them.

[Afrizal rahman 2636]

On 1/18/2020 at 10:46 AM, Migo said:

Every currency has its own place, no country can leave its currency because usd or euro are official symbols in each country, and bitcoin cannot replace any of them now or in the future, maybe they will in the same side one day, who knows 

Yes, I think so too, Bitcoin might not be able to replace the currencies that exist in each country. It is possible that Bitcoin will remain parallel in a row of Usd or Euros, yes that is only a possibility that we can convey.

[teminalibug 309]

I think the two should never fight, the war should be on centralized cryptocurrencies VS decentralized ones.

[Sweet 56]

Every currency has different value. Anyone could not take another place. The use of crypto currencies will be increase but the physical currency will not be affected by crypto world.

[Amirul Islam 382]

On 1/18/2020 at 5:16 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 

In this time i don't think that it will hallened but it will happen in future. Many people believe  that in future we will make payment through electronic money. 

[Sid 589]

I think it will be difficult to achieve especially in countries that have not legalized crypto. Crypto currency has the disadvantage of unstable prices making it difficult to use as a means of payment to replace fiat money 😅

[Soaib khan 1035]

both currencies is good and important.but physical currencies is safe.because crypto currencies not safe many hackers stealing peoples money.

[pakjobhelp 1585]

Great topic name you choose Cryoto currency vs Physical currency:

If we discuss and compare according to the security reason then you found the crypto currency is more secure and more benefited.

If you compare to the geographic wise then you found the best Physically currency you do easily receive and payment.

But conclusion is crypto change the world in the point of financial.