Could cryto currency replace physical currency in the future time?

[Abigael]

I don't think that Cryptocurrencies will entirely replace physical currencies. But they will surely be in more use than the physical currencies. Especially with most companies accepting payments using the cryptocurrencies.

 

[Mostee501]

I don't think that cryptocurrencies will replace physical currency in the future but it will compete with it. Although lots of people are now into crypto investments.

 

[nimzy]

I don't think so but with it raising influence in global market it can be even thou some of the country have post a serious band on it operation.

 

[Ziki]

No. It can never replace fiat currency. Crypto currency is too volatile to be used as a country currency. It will certainly gained more power as an online currency

 

[Doradorwa]

Nope it's going to be impossible and it's never gonna happen. The true question should be how long will crytocurrencies survive with the normal currency.

 

[Setfragil]

Except we want to shy away from the facts that cryptocurrencies has come to stay and it is the future currencies. Though it might not totally replace fiat due to it volatility nature but it will surely be accepted by so many people who will still prefer it as a means of exchange and payments of goods and services to fiat money.

 

[Ralphjoe]

The thing is that I don't think that Bitcoin or cryptocurrency as a whole can ever replace physical currency because it's quite complex to operate, so the peasant in the society can't operate it. What I think is that cryptocurrency would operate in conjunction with physical currency.

 

[Dowenship]

Nobody knows what the future holds, we don't even know if there will be future because the world is upside down. But yet we can't neglect the world of digital currency away...

 

[Chibson]

I don't think there is any way cryptocurrency can replace Fiat currency. this is because people who does depend on Fiat currency to buy things offline. So even if that will happen it will take a lot of time.

 

[Snazzy001]

Sure it will, presently is has in some developed or technology-driven countries.it is gradually replacing the face to face interaction kind of business, and of a truth, it is most beneficial in terms of risk of being robbed with physical currencies

 

[Kingsley]

Crypto currency or digital currency replace physical currency in the near future is very possible, in that there is no doubt. The world is drifting towards digital programmes and digital life. So it everything in the world. The whole system is revolving likewise currencies aswel.

 

[Richard92]

I believe cryptocurrency we soon replace physical money I think that very soon it will soon replace physical money this is because presently now

 

[GIFTMICHAEL]

I don't think so, fiat currencies have been around for many years now. And the world still needs fiat currency, it has magnificent benefits just the way Cryptocurrency has.

 

[Promise]

People have started removing their money from local bank to invest in cryptocurrency. I think with time physical money won't be in circulation that much bcus thing will be bought using cryptocurrency.must business now accept crpto.

 

[Patrik]

i don't think it will, considering that it's very unstable and people really suffered losses online that they don't want to suffer from offline too, offline money seems to be fine for now

 

[ahmedo24]

Physical Currencies will continue to exist though their will continue to decrease because people will adopt Digital transactions more so Crypto currencies might be of use the more in coming years.

 

[Pousinha]

It will take a lot of time to replace the current fiat currencies. This is because even in developed countries, cryptocurrency is not a mainstream thing. So it will definitely take some time to become a mainstream thing. Considering the fact that governments ban cryptocurrencies, this can also prevent cryptocurrencies to replace fiat currencies.

Years ago I thought it would happen a day not so far. But due to the recent cryptocurrencies bans by this and that country and seeing this trend being contagious, I'm now worrying about the other way round: the extinction, little by little, of the cryptocurrencies. As the government A bans cryptocurrencies, it happens the government B immediately copies that attitude. Then the government C copies the government B and so on. If we add that in many countries no commerce until today accepts cryptocurrencies as payment method, substitution becomes even harder. In any way, I really hope this trends reverts.

 

[Nomad]

crypto currency was not created to replace fiat currency, it was created in order to transfer funds without the involvement of middle men, now it has grown as digital asset

 

[Senator]

It very likely and also very possible for that to happen since that most part of the world today seems to be talking about having a cashless economy in place in the nearest future.

 

[eLdavis]

There is a very high possibility that it could happen, with the rate crypto currency are growing. If our Government can be more open minded anything could happen. But recently there have been many ban in crypto examples are the ban in Nigeria and the recent ban in chaina