Post
Topic
Board Economics
Re: Bitcoin can not replace fiat
by
tabas
on 28/05/2016, 10:07:47 UTC
The fact is it will never happen, people will prefer to use both of them, as we cannot expect illiterate and poor person will use bitcoin ever, he will be satisfied with fiat.

That is the reality that bitcoin will not replace fiat by any means, much better if people would treat to use them both as a currency for physical money as fiat and digital currency for bitcoin.