Quote from: nightways on June 13, 2018, 10:08:56 AM

Quote from: russ26 on June 11, 2018, 11:39:30 AM

Quote from: mwaqar17 on May 08, 2018, 08:49:04 PM

As we can see now everyone/every developed nation is moving towards digital currency. In your opinion how much time is required for digital currency to take over the current/existing market or it is impossible that digitisation will never be successful. If yes what are those factors ? In my opinion those countries which are not accepting digital currency, are doing wrong. They are only thinking about the tax. They are saying that we will not get any tax and digital currencies are fake. Fraud is very easy in digital world (that is true but it also happen in every market). Although when someone is doing business in digital currency then that person is bringing money to country that is beneficial for the country...

It couldn't possibly as you though but when it becomes possible I knew and I guarantee that it will take a long long long time for crypto to take over the whole currency existing in the world. Even though technology are occuring nowadays it is hard to say that crypto could play a part of being a global currency, not even close though. Besides, government isn't still pleased to make a way for crypto to take a part of being a currency in a certain country.

Time is not guaranteed because till date many people do not know even the name of crypto and they will take long time to get awareness about bitcoin and keep their money in it. no doubt in the far future digital currency will take over the world market but no say how much time it will take. In my opinion it is not possible before 2040. It is a matter of money and one would never trust until he is guaranteed.

Yes it will take a little time but it is going to possible soon, because now it is clear that people feel good while using bitcoin to buy goods and for shopping specially bitcoin remain at first priority now and there are a lot of reasons for it, bitcoin has fast transaction, bitcoin has profit with each good that we buy using bitcoin so I am sure coming era is gonna be age of crypto currency for sure.