Re: Can cryptocurrency make real money disappear?

Living without cash could be something very useful for us. Imagine traveling everywhere you want with the unique crypto coin, bitcoin. It would be awesome

Yeah in some scenario using cryptocurrency in daily living is cool but if we are going to use certain alts or btc that requires transaction fee on every move that would not be practical I think. Imagine buying a 0.50$ candy and you need to pay the 4$ trasaction fee..lol

Indeed, we can not use cryptocurrency on every items we want. And due to the transaction fees and the confirmation time that sometimes takes too long, crypto will not make real money disappear.

Do you mean instant payment with cryptocurrency? Do you know Ripple? It is one of coin can provide the fastest service for global transfer money in cryptocurrency at the moment. I do not know the future, but I predict the government will need to use the technology from this currency to build a new blockchain coin if they want.

No cryptocurrencies cannot make real money disappear. The real money or physical money is being used by all the people of the world.On the other hand cryptocurrencies are being used only by a small percentage of people.They need internet connection which is not possible at every place.Real money can be used by anyone and anywhere.It does not need any knowledge about how to operate it.Many people still do not know about the cryptocurrencies and they depend only on the real money for their day to day transactions.The cryptocurrencies are not even legalised in many nations and they are banned in some countries.They are also decentralized so the government or the central bank prefers real money over the cryptocurrencies.