+- Business, Investment, & Insurance Forum (https://investmentforums.net)
+-- Forum: Investment Forums (https://investmentforums.net/forumdisplay.php?fid=4)
+--- Forum: Cryptocurrency, NFT, Metaverse (https://investmentforums.net/forumdisplay.php?fid=17)
+--- Thread: Do you think cryptocurrency will ever be a default currency? (/showthread.php?tid=66)
Do you think cryptocurrency will ever be a default currency? - Shortie - 01-08-2023
At the moment so many people do not trust cryptocurrency like they do their regular currency in their country and with it still being so new and many people still not knowing a lot about it, it is understandable that people would have trust issues and be worried about using it.
Many cryptocurrencies have been around for a while now and can be considered pretty trustworthy to use but could we ever see them maybe one day become a default currency do you think?
RE: Do you think cryptocurrency will ever be a default currency? - Ravenfreak - 05-29-2023
It's still brand new, as it's only about 14 years old at this point. I know many businesses online are starting to allow crypto payments and there's even Bitcoin ATMS here in the US. So things are slowly starting to look up for cryptocurrency, and I think soon it will become a more common form of payment. I don't know if it'll ever take over any country's currency, at least not within the next few years.
RE: Do you think cryptocurrency will ever be a default currency? - deucher - 12-24-2023
In my opinion, this will never happen, because the authorities will never want to give way to currency for the sake of crypto-currency, because it will not benefit them, because in my opinion, e-commerce can simply become the default for ordinary people.