Quote from: bitkanu on July 30, 2020, 10:43:30 PM

Quote from: shadowduck on July 27, 2020, 06:23:18 PM

Quote from: LbtalkL on July 27, 2020, 06:04:41 PM

You know fiat and cryptocurrency is an asset they have both advantages and disadvantages so they should co-exist no one will replace another. Yes, cryptocurrency has more potential and better than fiat but I am seeing in the distant future fiat will still exist and it is pretty needed in our daily lives. If no fiat there will be no stablecoins that are backed with dollars.

they will not completely replace each other, but I think that in the future, cryptocurrency will be a more popular tool to use than fiat money. obviously it is more convenient

There was only a free cryptos that can be used as universal money while so many cryptos can be categorized as security which means you can't use such security coin as a payment system. It's not all of cryptos have been filling all of the requirements to be used as a universal currency or a payment system.

decentralization is not the only technology in the future, I feel that in the future more and more technologies will be created by developing cryptocurrency technology, so we will find better solutions, even though nowadays digital currencies are based on blockchain technology or imitating cryptocurrency system, so I'm sure the future will be more cryptocurrency created and used.