uTalk

Official forum for Utopia Community

You are not logged in.

#626 2023-11-03 22:48:45

thrive
Member
Registered: 2023-01-04
Posts: 2,575

Re: Crypton in the next six month

oba;24726 wrote:
joanna;24725 wrote:
gap;24393 wrote:

Do people think that fait money will exist forever?
Well i don't think so cause the world is growing to cut cost and prepare a convince atmosphere for people engagement in trade and value.

Opinions and beliefs regarding the future existence of fiat money can vary among individuals. While it is impossible to predict the future with certainty, it is worth considering some perspectives:

Many people believe that fiat currency will continue to exist indefinitely.

They argue that governments and central banks have a vested interest in maintaining control over monetary systems and that fiat money has proven to be a stable medium of exchange for centuries.

Offline

#627 2023-11-03 22:49:29

Vastextension
Member
Registered: 2022-11-19
Posts: 2,691

Re: Crypton in the next six month

thrive;24727 wrote:
oba;24726 wrote:
joanna;24725 wrote:

Opinions and beliefs regarding the future existence of fiat money can vary among individuals. While it is impossible to predict the future with certainty, it is worth considering some perspectives:

Many people believe that fiat currency will continue to exist indefinitely.

They argue that governments and central banks have a vested interest in maintaining control over monetary systems and that fiat money has proven to be a stable medium of exchange for centuries.

Some individuals speculate that advancements in technology, particularly the rise of decentralized cryptocurrencies like Bitcoin, may challenge the dominance of fiat money over time.

Offline

#628 2023-11-03 22:52:05

IyaJJJ
Member
Registered: 2023-01-25
Posts: 2,082

Re: Crypton in the next six month

Vastextension;24728 wrote:
thrive;24727 wrote:
oba;24726 wrote:

Many people believe that fiat currency will continue to exist indefinitely.

They argue that governments and central banks have a vested interest in maintaining control over monetary systems and that fiat money has proven to be a stable medium of exchange for centuries.

Some individuals speculate that advancements in technology, particularly the rise of decentralized cryptocurrencies like Bitcoin, may challenge the dominance of fiat money over time.

They argue that digital currencies could potentially offer more efficient and transparent alternatives to traditional fiat currencies.

Offline

#629 2023-11-03 22:52:33

level
Member
Registered: 2023-01-19
Posts: 1,844

Re: Crypton in the next six month

IyaJJJ;24729 wrote:
Vastextension;24728 wrote:
thrive;24727 wrote:

They argue that governments and central banks have a vested interest in maintaining control over monetary systems and that fiat money has proven to be a stable medium of exchange for centuries.

Some individuals speculate that advancements in technology, particularly the rise of decentralized cryptocurrencies like Bitcoin, may challenge the dominance of fiat money over time.

They argue that digital currencies could potentially offer more efficient and transparent alternatives to traditional fiat currencies.

Money has evolved throughout history, from bartering to precious metals and then to fiat currencies.

Offline

#630 2023-11-03 22:53:01

joanna
Member
Registered: 2023-01-10
Posts: 3,855

Re: Crypton in the next six month

level;24730 wrote:
IyaJJJ;24729 wrote:
Vastextension;24728 wrote:

Some individuals speculate that advancements in technology, particularly the rise of decentralized cryptocurrencies like Bitcoin, may challenge the dominance of fiat money over time.

They argue that digital currencies could potentially offer more efficient and transparent alternatives to traditional fiat currencies.

Money has evolved throughout history, from bartering to precious metals and then to fiat currencies.

Some people posit that another form of money, possibly digital or backed by emerging technologies such as blockchain, could replace or coexist with fiat money in the future.

Offline

#631 2023-11-03 22:53:57

oba
Member
Registered: 2023-01-13
Posts: 1,869

Re: Crypton in the next six month

joanna;24731 wrote:
level;24730 wrote:
IyaJJJ;24729 wrote:

They argue that digital currencies could potentially offer more efficient and transparent alternatives to traditional fiat currencies.

Money has evolved throughout history, from bartering to precious metals and then to fiat currencies.

Some people posit that another form of money, possibly digital or backed by emerging technologies such as blockchain, could replace or coexist with fiat money in the future.

Changes in economic systems or geopolitical landscapes could potentially impact the existence of fiat money.

Offline

#632 2023-11-03 22:54:25

thrive
Member
Registered: 2023-01-04
Posts: 2,575

Re: Crypton in the next six month

oba;24732 wrote:
joanna;24731 wrote:
level;24730 wrote:

Money has evolved throughout history, from bartering to precious metals and then to fiat currencies.

Some people posit that another form of money, possibly digital or backed by emerging technologies such as blockchain, could replace or coexist with fiat money in the future.

Changes in economic systems or geopolitical landscapes could potentially impact the existence of fiat money.

Major global events, political instability, or shifts in economic power may influence the longevity of current monetary systems.

Offline

#633 2023-11-03 22:55:06

Vastextension
Member
Registered: 2022-11-19
Posts: 2,691

Re: Crypton in the next six month

thrive;24733 wrote:
oba;24732 wrote:
joanna;24731 wrote:

Some people posit that another form of money, possibly digital or backed by emerging technologies such as blockchain, could replace or coexist with fiat money in the future.

Changes in economic systems or geopolitical landscapes could potentially impact the existence of fiat money.

Major global events, political instability, or shifts in economic power may influence the longevity of current monetary systems.

It's important to note that fiat money has proven to be a resilient concept, backed by the trust and confidence of governments and societies.

Offline

#634 2023-11-03 22:55:26

IyaJJJ
Member
Registered: 2023-01-25
Posts: 2,082

Re: Crypton in the next six month

Vastextension;24734 wrote:
thrive;24733 wrote:
oba;24732 wrote:

Changes in economic systems or geopolitical landscapes could potentially impact the existence of fiat money.

Major global events, political instability, or shifts in economic power may influence the longevity of current monetary systems.

It's important to note that fiat money has proven to be a resilient concept, backed by the trust and confidence of governments and societies.

However, as new technologies and alternative forms of currency emerge, the future of fiat money may face new challenges and adaptations.

Offline

#635 2023-11-03 22:57:31

level
Member
Registered: 2023-01-19
Posts: 1,844

Re: Crypton in the next six month

IyaJJJ;24735 wrote:
Vastextension;24734 wrote:
thrive;24733 wrote:

Major global events, political instability, or shifts in economic power may influence the longevity of current monetary systems.

It's important to note that fiat money has proven to be a resilient concept, backed by the trust and confidence of governments and societies.

However, as new technologies and alternative forms of currency emerge, the future of fiat money may face new challenges and adaptations.

The future of fiat money will depend on a complex interplay of economic, technological, and social factors. It is a topic of ongoing debate and speculation among economists, policymakers, and technology enthusiasts.

Offline

#636 2023-11-04 15:54:32

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 2,385

Re: Crypton in the next six month

level;24736 wrote:
IyaJJJ;24735 wrote:
Vastextension;24734 wrote:

It's important to note that fiat money has proven to be a resilient concept, backed by the trust and confidence of governments and societies.

However, as new technologies and alternative forms of currency emerge, the future of fiat money may face new challenges and adaptations.

The future of fiat money will depend on a complex interplay of economic, technological, and social factors. It is a topic of ongoing debate and speculation among economists, policymakers, and technology enthusiasts.

Contradictory nature of the fiat money enburden owner to lose values of its fund when kept at a long period of time and moreover there are basically long process of transaction process from one interconnected country to the other.

Offline

#637 2023-11-04 19:03:11

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 2,411

Re: Crypton in the next six month

Comrade;24783 wrote:
level;24736 wrote:
IyaJJJ;24735 wrote:

However, as new technologies and alternative forms of currency emerge, the future of fiat money may face new challenges and adaptations.

The future of fiat money will depend on a complex interplay of economic, technological, and social factors. It is a topic of ongoing debate and speculation among economists, policymakers, and technology enthusiasts.

Contradictory nature of the fiat money enburden owner to lose values of its fund when kept at a long period of time and moreover there are basically long process of transaction process from one interconnected country to the other.

When there are too much engagement in making an external geographical transaction, it increases generate more space of risk over threat.

Offline

#638 2023-11-04 19:05:59

gap
Member
Registered: 2023-06-14
Posts: 1,925

Re: Crypton in the next six month

crpuusd;24790 wrote:
Comrade;24783 wrote:
level;24736 wrote:

The future of fiat money will depend on a complex interplay of economic, technological, and social factors. It is a topic of ongoing debate and speculation among economists, policymakers, and technology enthusiasts.

Contradictory nature of the fiat money enburden owner to lose values of its fund when kept at a long period of time and moreover there are basically long process of transaction process from one interconnected country to the other.

When there are too much engagement in making an external geographical transaction, it increases generate more space of risk over threat.

Very much agree with you. In such  transaction  there is need for strict orderliness apart from the long steps to be taken and if there is single misguided process can lead to lost of funds.

Offline

#639 2023-11-04 21:31:34

Europ
Member
Registered: 2023-05-23
Posts: 2,186

Re: Crypton in the next six month

gap;24791 wrote:
crpuusd;24790 wrote:
Comrade;24783 wrote:

Contradictory nature of the fiat money enburden owner to lose values of its fund when kept at a long period of time and moreover there are basically long process of transaction process from one interconnected country to the other.

When there are too much engagement in making an external geographical transaction, it increases generate more space of risk over threat.

Very much agree with you. In such  transaction  there is need for strict orderliness apart from the long steps to be taken and if there is single misguided process can lead to lost of funds.

Some people basically don't actually support the fiat intercountry transaction policy cause of it strict and rampant vulnerability to threat and mistakes .

Offline

#640 2023-11-04 23:43:51

gap
Member
Registered: 2023-06-14
Posts: 1,925

Re: Crypton in the next six month

Fiat currency has it own advantages just as the crypto currency do and the case to protect good way outcome of activities .

Offline

#641 2023-11-05 11:55:39

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 2,385

Re: Crypton in the next six month

Fiat currency stand it chance to create opportunity for day to day physical trade and support value. It has a potential to settle the needs of a users.

Offline

#642 2023-11-05 19:47:12

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 2,411

Re: Crypton in the next six month

Comrade;24819 wrote:

Fiat currency stand it chance to create opportunity for day to day physical trade and support value. It has a potential to settle the needs of a users.

There are actually things that we should understand,the fiat currency is quite a currency with some bias economical effect.

Offline

#643 2023-11-05 20:16:00

Europ
Member
Registered: 2023-05-23
Posts: 2,186

Re: Crypton in the next six month

crpuusd;24842 wrote:
Comrade;24819 wrote:

Fiat currency stand it chance to create opportunity for day to day physical trade and support value. It has a potential to settle the needs of a users.

There are actually things that we should understand,the fiat currency is quite a currency with some bias economical effect.

Fiat Currency in the next six months is known to lose value while the crypton can actually yield more values compare to the fiat currency and usage.

Offline

#644 2023-11-05 20:37:49

gap
Member
Registered: 2023-06-14
Posts: 1,925

Re: Crypton in the next six month

Europ;24853 wrote:
crpuusd;24842 wrote:
Comrade;24819 wrote:

Fiat currency stand it chance to create opportunity for day to day physical trade and support value. It has a potential to settle the needs of a users.

There are actually things that we should understand,the fiat currency is quite a currency with some bias economical effect.

Fiat Currency in the next six months is known to lose value while the crypton can actually yield more values compare to the fiat currency and usage.

Exactly the fiat currency can lose value fast and more over there basic favtors that can actually affect the currency such as budget and printing .

Offline

#645 2023-11-06 19:27:30

KAMSI_UG
Member
Registered: 2022-12-26
Posts: 2,771

Re: Crypton in the next six month

Unless there is an increase in economic activity commensurate with the amount of money that is created, printing money to pay off the debt would make inflation higher.

Offline

#646 2023-11-08 04:52:20

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 2,385

Re: Crypton in the next six month

Printing of capital is one factors that can affect the existence of capital circulation in the economy. Its might also generate some in line theft of fund.

Offline

#647 2023-11-08 05:32:17

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 2,411

Re: Crypton in the next six month

Of course mate. This theft is mostly common to the political Elite leaders. These also makes the theft capital not traceable.

Offline

#648 2023-11-08 18:47:14

Europ
Member
Registered: 2023-05-23
Posts: 2,186

Re: Crypton in the next six month

crpuusd;25047 wrote:

Of course mate. This theft is mostly common to the political Elite leaders. These also makes the theft capital not traceable.

I will not directly support what you said but I can say that the left of Fiat commodity is mostly untraceable and might also results in total irreversible or  non refundable.

Offline

#649 2023-11-09 19:48:29

KAMSI_UG
Member
Registered: 2022-12-26
Posts: 2,771

Re: Crypton in the next six month

Transparent blockchains are much easier platforms for tracking criminal payments than siloed legacy payment systems ever were. Today, about 23 public blockchains make up about 99% of the total cryptocurrency market cap. That means that blockchain fraud detection systems must integrate with just 23 transparent platforms rather than thousands of siloed enterprise and fiat payment networks.

Offline

#650 2023-11-09 21:06:41

Detroit
Member
Registered: 2022-12-27
Posts: 2,064

Re: Crypton in the next six month

Transparency in the blockchain is the ability to view all cryptocurrency transactions on a public ledger. This allows for greater accountability of transactions.

Offline

Board footer

Powered by FluxBB