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[Farhanaslam007]

I have been thinking for a few days that the way cryptocurrency is spreading all over the world, it will one day replace physical currency. For this I have thought of investing myself۔

Need your opinion that which cryptocurrency should I prefer most

 

[a_jerobon]

It is really possible for crypto currencies to replace physical currencies in furture given how they are gaining popularity and many people like using. I think Bitcoin is the most popular, so it is the one likely to replace physical currency.

 

[BullyMaguire]

There's a possibility but.. it's too early to say now.. i think co-existing is what's gonna happen. And Crypto will be a worldwide Currency.

 

[onlyprofits]

There is still a long way to go, governments realized and are already launching their digital currencies, but so far the best store of value is BTC. This is confirmed by the investments of large capitalists

 

[Wisdom01]

I think you should invest on bitcoin , since that is what many people are now investing on and many are now using bitcoin

 

[Mortified_Penguin]

Bitcoin yes, Monero would be another choice. As more and more banking institutions and venture capitalists invest in Bitcoin, other Alt coins would probably take off.

 

[achawaskey]

I don't think it will because both has there place to occupy. Physical money for physical transaction while Bitcoin will take its place as the master of online transaction. Technology will try to suppress physical transaction, but at the end it will still be.

 

[mahdi304]

bitcoin is dominating and will dominate the crytpo market for a long time, but just to give it a bit of diversity, my suggestion for a long term crypto investment right now is ethereum.
(and cardano just not as much as ethereum)

 

[ELSA-ELI]

Offcourse its with no doubt that physical currency will benphased off and a new system of exchange of goods and services will be introduced but as regards as to crypto being the ultimate its Still highly debatable.Everything is going artificial now but just the the characteristics of crypto are so volatile as compared to physical currency.

 

[saba kanwal]

i only know about bitcoin

 

[sixseight]

There's a high possibility that it will replace paper money in the future, just like gold is replaced with paper money because it's more convenient

 

[a_jerobon]

I think you should invest on bitcoin , since that is what many people are now investing on and many are now using bitcoin

Yeah, it has gained so much popularity and people who invest in it earn great profits. It is a great time for people to invest in it since its price will likely increase even more.

 

[Wisdom01]

Yeah, it has gained so much popularity and people who invest in it earn great profits. It is a great time for people to invest in it since its price will likely increase even more.

Most people also make loss too but when the person knows how to trade , i don't think there would be any issues associated with investing in bitcoin

 

[a_jerobon]

Most people also make loss too but when the person knows how to trade , i don't think there would be any issues associated with investing in bitcoin

Yeah, trading requires so much skill and expertise for you to succeed in it. One has to really learn it before investing money for trading.

 

[OnlyUreka]

It is inevitable that digital will replace paper money. Digital money is just so superior in every way (except tax evasion) to paper that the laws of capitalism and the IRS practically ensure it will happen.

 

[onlyprofits]

I read that the investment infrastructure has improved a lot for corporations, therefore for long-term investments, BTC is still the best option.
And for the short term WOZX the Wozniak token has good potential.

 

[SCAMEXPOSER]

I read that the investment infrastructure has improved a lot for corporations, therefore for long-term investments, BTC is still the best option.
And for the short term WOZX the Wozniak token has good potential.

I recently heard about this Wozniak token , I wouldn't know if you have invested in it. It is highly riksy to invest in new tokens because thier potential are unpredictable.

 

[onlyprofits]

I recently heard about this Wozniak token , I wouldn't know if you have invested in it. It is highly riksy to invest in new tokens because thier potential are unpredictable.

That is true, this type of market is very volatile, especially with a new token, but remember what happened with YFI, at first many doubted and it managed to reach an astronomical price. In this market you win or lose quickly, so you have to study very well where to invest, think cold and try to navigate with the whales

 

[Amalive]

I think its so much difficult that crypto currency get change into physically.

To fully replace physical currency I would say yes it's difficult but to take the dominance it still possible, we all know that lots of people in the whole world already familiar with digital or virtual currency and some of them prefer to use it instead of physical currency. That means there's a chance for crypto to come in but it all depends on the local rule of your governments would they accept it or not

 

[SCAMEXPOSER]

Digital coins could easily replace paper money or currency in countries like the US and UK where cashless economy has been successfully implemented.