Quote from: Cointoli on October 18, 2018, 09:19:04 PM

I do not think the cryptocurrency market will break the global financial markets because the main purpose of creating the coin is to serve life more conveniently. So I think that the cryptocurrency market will go along and grow with the global financial market and there is no obstruction.

Serving life conveniently will actually make more people to come into the space but not everyone and that is why I believe it would not disrupt the trillion dollar global market. We cannot say much for now though, knowing that we obviously cannot tell what the future holds in a way, but one thing for sure is that it would still end up being a part of the whole global market on its own, and for the fact that we are still in the early phase and we have been able to get to this level, I would not be so certain of what could happen in the future.

Quote from: aleksnutis on October 18, 2018, 08:58:48 PM

I agree with the importance of fiat currencies in the global economy. It is important to understand who supports the various currencies and the victory will be for the strongest side. I still do not see the prerequisites that cryptocurrency will be able to take part of the global money market.

Cryptocurrency is already a part of the global money market, but of course it is just going to be a piece of the global market and I really do not see it disrupting any other market. I said that judging from the way things are going already now and how countries and banks are looking to benefit from the space and it would make the space be more of an alternative form of investment as well as spending. The global money market is huge and I do not see how cryptocurrency will just easily get that disrupted.