Crytocuurrencis and conventional currency

rifman

Banned

Jun 17, 2022

595

77

Dex

$0.000

Raw Dex

$0.000

• Jun 17, 2022

• #1

Do you think that crytocuurrencis can replace the conventional currency at any point in time? If so how?

 

Devin

Somewhat Known

Member

Jun 12, 2022

638

772

Dex

$0.000

Raw Dex

$0.080

• Jun 17, 2022

• #2

rifman said:

Do you think that crytocuurrencis can replace the conventional currency at any point in time? If so how?

Click to expand...

I assume it's possible but very unlikely. It would be difficult to do away with all paper money and cash just to transfer everything to crypto. That's a big process, and a lot of people wouldn't be happy with it.

 

fcbetting

Notable

Member

Jun 16, 2022

4,924

358

Dex

$0.010

Raw Dex

$4.880

• Jun 18, 2022

• #3

This is why I don't want receive my salary in crypto. Inflantion eat my salary but not fast as crypto.

 

rifman

Banned

Jun 17, 2022

595

77

Dex

$0.000

Raw Dex

$0.000

• Jun 18, 2022

• Thread starter
• #4

Devin said:

I assume it's possible but very unlikely. It would be difficult to do away with all paper money and cash just to transfer everything to crypto. That's a big process, and a lot of people wouldn't be happy with it.

Click to expand...

Leave people's happiness. Anyway, who bothers about them nowadays? But, what about the Government's acceptance and Government's controls?

 

fcbetting

Notable

Member

Jun 16, 2022

4,924

358

Dex

$0.010

Raw Dex

$4.880

• Jun 18, 2022

• #5

rifman said:

But, what about the Government's acceptance and Government's controls?

Click to expand...

It will just go up and be more strict. None goverment will not allow to slip money or avoid taxes.

 

Hate2Wait

Very Familiar

Member

Jun 16, 2022

24,924

2,499

Dex

$0.100

Raw Dex

$1.181

• Jul 31, 2022

• #6

Cryptocurrency can replace the conventional currency and this is why countries like India, China and many others have been planning to or have already banned it or added extra tax to demotivate users

 

LoukiaCharilaou

Notable

Member

Jul 28, 2022

4,208

490

Dex

$0.100

Raw Dex

$0.020

• Jul 31, 2022

• #7

Yes, I think that cryptocurrency can replace the conventional currency.

 

Shavkat

Very Familiar

Member

Sep 7, 2022

13,631

947

Dex

$0.515

Raw Dex

$0.003

• Sep 19, 2022

• #8

I think so. But it will take time to materialize this idea.

 

G

gammarays

Notable

Member

Sep 15, 2022

1,638

138

Dex

$0.000

Raw Dex

$0.000

• Sep 19, 2022

• #9

I don't think crypto will replace conventional currencies. Crypto will help improve Fiat currencies to help their adoption or global integration not replace entirely.

 

Reedex

Well Known

Member

Jan 8, 2023

6,801

104

Dex

$0.002

Raw Dex

$0.001

• Feb 26, 2023

• #10

There is a clear cut difference between cryptocurrency and the Fiat currency because one exist in the digital world and the other exist in the physical world.