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Do you think another equivalent digital money can replace cryptocurrency in the foreseeable future?

  • Thread starter Thread starter Sincerem
  • Start date Start date
Yes, the world is totally unpredictable, meaning anything can happen as far as humans exist. One person can put his innovative mindset into work and develop any means of digital currency that might replace the current options now.
 
We never never be certain if another equivalent digital money can replace crypto in the future although it's unlikely because we could have more coins instead of crypto getting replaced
 
We are in the digital age and anything is possible,I am a cryptocurrency investors and I just believe that another cryptocurrency should come up with no transaction fee so that its can replace the physical currency we are using. This is what I wish all the time.
 
Kunkun said:
We never never be certain if another equivalent digital money can replace crypto in the future although it's unlikely because we could have more coins instead of crypto getting replaced
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I know it won't happen anything soon, what will take place now is seeing improve features around each of the coins in the market.
 
Right now there is the crypto currency and some pseudo crypto coins. Maybe in the near future there will be a crypto coin that will be invented which is not similar to the present setup of crypto coins. What about a coin that has a backing of stocks so there is somewhat a tangible reality?
 
I believe it might be possible, there is always room for improvement and of cause for better alternative to take over. So along the line if something better comes up, it would surely take over
 
I can't say as at now because the world is into cryptocurrency
 
Some countries are trying to launch their own digital currecncy pegged with their own fiat currency. I think this form of digital currency can give a competition to crypto
 
Alexandoy said:
Right now there is the crypto currency and some pseudo crypto coins. Maybe in the near future there will be a crypto coin that will be invented which is not similar to the present setup of crypto coins. What about a coin that has a backing of stocks so there is somewhat a tangible reality?
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Lol, I don't know any how the new digital currency wants to act like, be it stock or whatever. Let it just satisfy the expectations of all and do what other Cryptos fell short on.
 
Sincerem said:
I know it won't happen anything soon, what will take place now is seeing improve features around each of the coins in the market.
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Definitely improvements in the future are kind of certain because new ideas keep coming in day by day so we should be looking out for such improvements
 
Anything can happen in the future. Some years back, many wouldn't believe it was possible for Cryptocurrencies to exist and even to be globally acknowledged as a medium of payment.
 
Sincerem said:
Now is the era of Cryptocurrency, no doubt. Cryptocurrency is reigning at the moment, at the mean time i see no integration of any digital currency that is totally different from what we see in Cryptocurrency that will usurp it at the moment. But never say never, with time the unbelievable might turn believable. Their might be an awesome type of digital money that can usurp the current digital currency, being "Cryptocurrency". Maybe then, the world can integrate it as the best form of online and offline means of payment. Let's just have glimpse of hope that in the next 50 years it can come into fruition.

Do you agree with me that another different form of digital money might emanate and usurp the current digital currency?? And become the world accepted go to payment method for online and offline??
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I don't think another different form of digital money might emanate and usurp the current digital currency,but if it comes up later it will either hide under crypto currency as well.
 
Cryptocurrency is digital and I don't think there is any other digital money that might take over cryptocurrency ,it is possible that all countries of the world in the future might want to invent their own stable currency in a digital form.
 
Already this is taking place the digital currencues are trying to shape up the current monetary transactions online. I see it benching Cryptocurrency in the nearest future if time is not taking. I'm a big fan of Cryptocurrency i won't support that CBDC replace Cryptocurrency.
 
The central banks digital currencies that is similar to stable coins are beginning to attract the attention, I'm hoping it isn't Cryptocurrency killer.
 
All cryptocurrencies are digital currencies. So, if anytime will come out in the future that is going to replace cryptocurrency and still has the name digital in it, It is still cryptocurrency
 
GIFTMICHAEL said:
Already this is taking place the digital currencues are trying to shape up the current monetary transactions online. I see it benching Cryptocurrency in the nearest future if time is not taking. I'm a big fan of Cryptocurrency i won't support that CBDC replace Cryptocurrency.
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The digital currency is a form of the fiat for use in the online world. It is like a bank check with real value based on the legit currency. The Chinese Yuan is an example with a digital currency but it is still the fiat and not a crypto style. Any currency is needed to be regulated by the government.
 
I do not think that it's possible for digital money to replace the cryptocurrency in the future . Both are different and they have different features. So I do not see this coming in the future. They fulfil different purpose
 
Alexandoy said:
The digital currency is a form of the fiat for use in the online world. It is like a bank check with real value based on the legit currency. The Chinese Yuan is an example with a digital currency but it is still the fiat and not a crypto style. Any currency is needed to be regulated by the government.
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You're right, it's not a crypto style, its a fiat currency type operating digitally for the Chinese people, which is what the government want at the moment.
 
There re different kinds of money in out world, one banknotes that you can use physically, two plastic money used in the form of card, used physiclly and digitally, and cryptocurrency that does not have physical existence.
 
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