Quote from: schuriken on April 05, 2020, 09:37:47 PM

Quote from: XenoFever on March 01, 2020, 10:11:58 AM

I have seen so many posts about emerging cryptocurrency, and they think that someday it will take over our current system, or it will replace our fiat currency, which is really impossible, yes cryptocurrency is such an excellent currency especially the bitcoin, cryptocurrency keeps on being more prominent and more significant. Still, I think it is not enough to replace the fiat currency. It will be hard for the government to do that.

It will be hard for us if we use our cryptocurrency as our standard currency, the volatile currency will not be useful in real life; only that money is only suitable in real life. Not all individuals are really used in technology, so how could they handle their money if they are not familiar with the technology.

There are still some rural places in this world, so it will be hard for them to adopt the new system if this will be implemented in the future, which I hope won't happen, and even those person in provinces will also get mad if those things happen.

well there are alot of post about that,but thats a long term thing to happen.it will take alot of time and years for structures and also country's government too.bit coin is a crazy good coin and also mother of coins . but for replacing fiat bit coin is not good.there will be more and faster coins to replace bitcoin.the bold things here is blockchain and cryptos not bitcoin.remember what mail system did to post stations! it will take time!

It will take a long time to replace the cryptocurrency fiat currency You just said that now is not a good time to replace the fiat currency in crypto While the current blockchain will facilitate transactions not everyone will support it. When crypto decentralized nobody would want to work in a centralized way.