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1. 498d ago

   I do not believe so, because the ultimate underlying motive for 99.9% of people buying cryptocurrencies is to resell them into non-crypto for a profit. Despite cryptocurrencies becoming increasingly... moreI do not believe so, because the ultimate underlying motive for 99.9% of people buying cryptocurrencies is to resell them into non-crypto for a profit. Despite cryptocurrencies becoming increasingly popular, using them to purchase goods is rarely an option. In order for cryptocurrencies to fully replace traditional currencies, people need to view them as an actual currency and not a "get-rich-quick stock" to short. While currencies like Bitcoin have been hitting all-time highs recently, the mindset shift has not happened, and I don't see it happening in the future. However, ultimately, I am not super knowledgeable on the subject. I look forward to seeing other comments from people who may be a little more informed about crypto.  Less

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2. 498d ago

   Crypto will definitely take over traditional currency. I’m based in Las Vegas, and I’ve seen many signs in the last two years offering crypto payments, though mostly in high-end shops. Obviously, I... moreCrypto will definitely take over traditional currency. I’m based in Las Vegas, and I’ve seen many signs in the last two years offering crypto payments, though mostly in high-end shops. Obviously, I only saw these signs while drooling at window displays, filled with garments I couldn’t afford.  Less

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3. 497d ago

   I believe it will at some point, though I do not believe it will be anytime soon. Currency has always changed throughout history, especially with newer inventions. Its crazy to think that now days we... moreI believe it will at some point, though I do not believe it will be anytime soon. Currency has always changed throughout history, especially with newer inventions. Its crazy to think that now days we can have our phones act as credit cards, when they were only invented less than 100 years ago. And before that people only used paper money or checks. Things have changed to more digital and I believe it will continue to change. The only reason I do not believe it will happen soon is because crypto is currently on the more expensive side, can be confusing, and there is so many different types.  Less

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4. 497d ago

   I believe it is very unlikely that cryptocurrencies will fully replace traditional currency, but I think they may coexist or become more integrated together in our financial systems. I do not think... moreI believe it is very unlikely that cryptocurrencies will fully replace traditional currency, but I think they may coexist or become more integrated together in our financial systems. I do not think that crypto will replace our traditional currency. I think crypto might change the way we think about money, due to how cryptocurrencies are highly volatile which makes them risky for daily usage.  Less

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5. 497d ago

   I am unsure of what the future of crypto is, to be honest. While Bitcoin in now a $100,000+ dollar stock, you still dont see any signs of an impending mass adoption of crypto. For example I cant just... moreI am unsure of what the future of crypto is, to be honest. While Bitcoin in now a $100,000+ dollar stock, you still dont see any signs of an impending mass adoption of crypto. For example I cant just walk into Walmart and buy groceries with Bitcoin. This is a really interesting topic, where on one hand, crypto has exploded in relevance and value, yet there have not been any signs of mass adoption.  Less

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6. 497d ago

   Not unless we live in a tech billionaire hellscape, which is looking increasingly likely unfortunately.

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7. 496d ago

   I think it will become increasingly popular and government officials may try to replace cash, however, I don't think it will be widely accepted by the people and small businesses.

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8. 496d ago

   Sure, eventually… but I think that a lot of unlikely things to happen in the near future are going to happen *eventually.* Currently, things like Bitcoin, while extremely profitable for a select few ... moreSure, eventually… but I think that a lot of unlikely things to happen in the near future are going to happen *eventually.* Currently, things like Bitcoin, while extremely profitable for a select few (like most things are) is known for being a very volatile form of currency, more so than the dollar. If that changes, I can see cryptocurrency becoming more popular. I also think that while the USA remains a global superpower, its unlikely it will replace debit cards and Apple Pay. All things considered, we have a pretty non-cosmopolitan population and certainly do not have the government mobilization capacities to put that kind of tech/education into people’s hands (unlike other countries). So I don’t think we will see a super strong swing in that direction for a while.  Less

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