Re: Can cryptocurrency make real money disappear?

Quote from: inck on June 13, 2017, 07:51:33 AM

Quote from: isabella01 on June 13, 2017, 07:38:16 AM

What are the chances of living in a world with no actual money ? Shocked

Well, fiat money is given out by financial institutions that are big in size and are backed by the government. They make their earnings by charging fees for transactions and they will do everything to stay competitive. So I don't think that fiat money will be gone completely in the near future.

I also don't see bitcoin making current such fiat disappear in the future. Because bitcoin needs the system of fiat where its value and currency are much needed for transactions and exchange. It may just continue the support of the bitcoin and system of fiat for more development. In this case I just wait for more support of both side to one another.