Quote from: krishnaverma on December 09, 2018, 02:53:07 PM

Quote from: Hagmonar on April 22, 2018, 04:29:02 PM

I bilieve that in the future crypto currency will not replace fiat money as mode of payments in the future. Why? Because this two currency have a unique combinations that make our life more secure and convenient transactions trough offline and online transactions.

1.Crypto currency is more secure and faster transactions than fiat money via long distance and transactions like sending money around the world crypto is fast, safe and more secure then fiat money in this case fiat money is not good and slow in long distance transactions.

2.Fiat money is more faster and more easier in hand to hanp, face to face transactions and offline transactions in this setuation crypto currency is not good.

This 2 reasons why crypto currency and fiat money will be a powerfull combination in the future.

Use of cash will decline with time in my opinion. Most of the countries are promoting the use of digital medium of payments by giving incentives with them. At such, the use of cash is on continuous decline and eventually may completely diminish.

true also at this time it seems that the use of FIAT tends to decrease, because of the E money technology, and some credit cards,
from that we can see that the use of FIAT has indeed declined, and if crypto has been accepted in all levels of society.
it will undermine the existence of fiat money