Quote from: 100%succes on November 21, 2017, 10:09:50 PM

Quote from: 1inside1 on November 21, 2017, 06:27:43 PM

I would like to know if cryptocurrency will replace fiat money in the future, also if so how long it will likely take. Also, I would like to know which coin you think would take over if one will. (E.G. Dogecoin, BTG, LTC, XMR)

The development of the world raises the need for a fast, secure and confidential payment system. The payment system is a mechanism that includes the arrangements used for the delivery of payments through the exchange of values between individuals, I think crypto money will not replace fiat money.

Crypto cannot replace fiat money. They are very distinct with each other. They could just go hand in hand with fiat money but not totally replace it. What will happen if internet breaks or power supply breaks? Will it mean transactions will stop either? That's why we shouldn't replace fiat with cryptocurrency alone.