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How Long Will it Take Cryptocurrency to Replace Fiats?

Discussion in 'CryptoCurrency' started by Crypto Cash, Aug 26, 2018.

  1. PinguSpy

    PinguSpy Jr. VIP Jr. VIP

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    For now maybe we are turning into cashless first. Just like in China most local use wechat app (QR code / scanner) for their daily financial activities.

    In my country cashless technology (wallet) are trending too. In just 2 years we got almost 10 diffrent wallet app providers.

    While for crypto technology to replace fiat is hard to predict. But in the future it will..

    Crypto technology for me is still hugeeee

    Even in my country(Malaysia), the minister of finance also talk about blockchain technology in parliament. About how blockchain is the future. And why Malaysia gov should take it more serious.
     
  2. moonshine7000

    moonshine7000 Elite Member

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    Cypto the future ? it is still fiat currency just like the US dollar back by nothing but faith .It can't mess with gold and silver which is physically tangible and never inflate in value.
     
  3. HoNeYBiRD

    HoNeYBiRD Jr. VIP Jr. VIP

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    Not a day longer than eternity.
     
  4. alice252293

    alice252293 Supreme Member

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    One question: How many of "traders" out there really understand what cryptocurrency is.
     
  5. SiddharthW

    SiddharthW Jr. VIP Jr. VIP

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    In Next 5 Year, You'll get answer of this Question.
    IMO, If Crypto survive the next 5yr, Then will survive 50000yr and will replace FIAT Or else will become a dirt.
     
  6. contentcreators

    contentcreators Jr. VIP Jr. VIP

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    I think the two will exist side by side for a good long while yet.

    A lot of people still have no idea what cryptocurrencies are, or that they even exist.

    It's going to take some serious education of the masses to get to that point.
     
  7. Kuem

    Kuem Power Member

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    Well 2 years ago my English teacher was teaching us about Bitcoin so we aren't too far from that
     
  8. DutchStuff

    DutchStuff Junior Member

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    Everyone will be using the paypal monkey generator to print money
     
  9. Total Noob

    Total Noob Jr. Executive VIP Jr. VIP Premium Member

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    It has already happened... look around.

    The blockchain revolution is upon us.

    According to Bloomberg, 22% of USA residents report using BTC over USD.

    So many industries have been revolutionized by this public ledger technology that it's hard to keep track.
     
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  10. contentcreators

    contentcreators Jr. VIP Jr. VIP

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    Time will tell...
     
  11. Neon

    Neon Jr. VIP Jr. VIP

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  12. loldrops

    loldrops Regular Member

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    I don't see this happening, people to stupid. Banks maybe hold some but average joe, practices 0 opsec to much risk he loses everything clicking links in his inbox.
     
  13. Kuem

    Kuem Power Member

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    Opsec =/= common sense. No one can save someone that retarded
     
  14. John4life2017

    John4life2017 Supreme Member

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    At least a decade
     
  15. Crypto Cash

    Crypto Cash Newbie

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  16. Crypto Cash

    Crypto Cash Newbie

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    My Estimation goes on the timeline of internet accessibility. When the whole world can be on line even in the most remote areas .....The trigger will be pulled and cryptos will dominate the world's financial structure
     
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  17. Gromit

    Gromit Regular Member

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  18. Vishal Sanjay

    Vishal Sanjay Jr. VIP Jr. VIP

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    In my opinion, crypto's will not replace fiats, nor are they meant to replace the same. Crypto's will be mainly a means for storage and transfer of value.
     
  19. JordynKamry

    JordynKamry Newbie

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    It is too early to make a comparison between crypto and fiats. Let it first survive for couple more years.
     
  20. SuperCoinsy

    SuperCoinsy Junior Member

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    We're seeing where things are going.