Cryptocurrency, The future?

Kapazität

Member
Cryptocurrency is a computerized money that is made and overseen using progressed encryption procedures known as cryptography. Cryptocurrency took the jump from being a scholarly idea to (computer generated) reality with the production of Bitcoin in 2009.1 While Bitcoin pulled in a developing continuing in ensuing years, it caught huge speculator and media consideration in April 2013 when it topped at a record $266 per bitcoin subsequent to flooding 10-overlay in the first two months. Bitcoin brandished a market estimation of more than $2 billion at its pinnacle, yet a half dive presently started a seething discussion about the fate of digital forms of money when all is said in done and Bitcoin in particular.2 So, will these elective monetary standards ultimately replace regular monetary forms and become as universal as dollars and euros sometime in the not so distant future? Or on the other hand are digital currencies a passing trend that will fire out after a short time? The appropriate response lies with Bitcoin.
 

Bookwormlux

Valued Contributor
It would be really difficult to even think crypto currencies would replace traditional fiat Currencies that have been in use since time immemorial. However, the crypto currencies ain't any passing trends, I believe that they are here to stay and would be used by those who accept them for carrying out transactions.
For instance, a lot of young people have made so much money from trading crypto currencies and this translates to the fact that crypto currencies are doing really good in impacting the lives of humans.

Crypto currency is the future, in the sense that it would help a lot of people make money, and not replace trading Currencies.
 

Donkiz

Active member
Cryptocurrency is a very unique means of payment that has revolutionalized our online payments system, and have given us exciting options for our online transactions, which has never felt this good and easier before.

Despite the milestones that have been achieved by cryptocurrency, I don't think that there will ever get to a time when cryptocurrency will replace our fiat currencies. The financial world is so big that it can contain both the fiat currencies, the cryptocurrency and any other form of currency(ies) that might be invented in the future without any one replacing the other.
 

Ahmedo24

Verified member
Personally I don't think the project of Crypto currency was developed with the sole aim to replace the traditional money rather as a means of making transactions seamlessly without any third party interference especially payment for goods and services. Crypto currency is a digital Currency that only the people who has the internet knowledge can easily use them for activities . The only reason Crypto currency could easily replace the traditional money is if the whole world go Into cashless economy which is not feasible anytime soon.
 

Finger Geek

Verified member
It would be really difficult to even think crypto currencies would replace traditional fiat Currencies that have been in use since time immemorial. However, the crypto currencies ain't any passing trends, I believe that they are here to stay and would be used by those who accept them for carrying out transactions.
For instance, a lot of young people have made so much money from trading crypto currencies and this translates to the fact that crypto currencies are doing really good in impacting the lives of humans.

Crypto currency is the future, in the sense that it would help a lot of people make money, and not replace trading Currencies.
It is not possible for crypto currencies to replace traditional fiat currencies. It can only be widely used and more popular that the traditional currencies.
There is no doubt that bitcoin is the future. Blockchain is not only by the crypto currency we hear about every day. It is far more than that.
There are some universities that offers Blockchain as a course. It has spread to be complex and be used for many things. Recently US anouced that will implement Blockchain technology with there security. Blockchain has diverse of opportunities
 
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