Quote from: Victoria Johnson on December 24, 2017, 11:10:37 AM

If you consider that once we become an intergalactic species (thanks Elon) traditional Fiat currencies will have no real value in space. As they are grounded with principles and agreements that were established on - earth.

Whereas, with Cryptocurrencies, the sky is not even the limit - space just might be though. I mean, think about it - if youre in space, how much more frictionless can you get with being able to just send coins/tokens or Credits as they might be considered from other popular films made in the recent years. I truly believe that Crypto Currency in the long-term will be the future of money, but like any major shift that will disrupt our way of life mass consumer adoption BUT ALSO education will be imperative.

Because people fear things they dont know about, or are uncertain of - they may resist this change for a while, however just as smartphones have become a part of our everyday lives, cryptocurrencies will someday become part of our everyday lives as well. That is, unless you can envision an alternative where people who are doing business in space are trying to do a Bank transfer via ACH or Wire. Its not going to be as likely, whereas with the many benefits Crypto provides - its far more likely.

Needless to say however, this is all not likely to happen immediately (in the next 12-months) but certainly over a longer term where we give people time to become educated on the disruptive tech that has been created.

No this cannot happen even in the future.Fiat currency will not be overtaken by any cryptocurrency or digital money.Fiat currency is used everywhere in the world and by every person.It is physical so it can be used anywhere and anytime unlike cryptocurrencies which require internet connection which is not possible everywhere.Fiat currency is accepted everywhere.One thing is that people also fear change so they will stick to fiat currency only.