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Is there any possibility that cryptocurrency will replace money.
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[QUOTE="btaliat, post: 257886, member: 26390"] The fact is that the two currencies are not in any way competing. In fact, one cannot exsit except with the help of the other. For instance, no one appreciates crypto better if there is no measurement to compare it with fiat currency. That's when we will know that its value is high. That among many reasons are why people will not allow crypto to replace fiat currency. Fiat currency represents a country. That's why each country of the world has its own currency. Whereas crypto is the currency of the world. And I don't think it is possible for the whole country to be using the same currency. Or is it possible? The illeteracy level among majority of the people is another hinderance to the replacement of fiat currency with crypto. The edcuated ones are the ones that always know the uses of these coins. There is nothing that concern the illeterate. They always don't care about it. They prefer seeing their physical money than to be seeing the digital ones. Do we need to talk about the general acceptance of the crypto? Not all countries of the world has accepted the uses of crypto. This will make it difficult to replace the fiat currency. [/QUOTE]
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Is there any possibility that cryptocurrency will replace money.
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