Post
Topic
Board Bitcoin Discussion
Re: The Coming War Between Digital Currencies
by
stompix
on 26/09/2017, 19:37:03 UTC
I think he's reaching a bit. Banks were already going digital before Bitcoin was invented. I'm pretty sure that countries like Sweden were moving towards a cashless society before Bitcoin existed as well.

But it certainly has moved things along. It's clear that both consumers and governments want to shift towards electronic payments (the former because it's more convenient, the latter because they are more trackable). I do think he's right about the coming war; China is set to roll out its blockchain currency soon.

Sweden was almost cashless, (the percentage hasn't moved a lot in the last years as it is already 98%) before 98% of the users here knew anything about bitcoin.
Eastern Europe has made huge steps in that direction and I think even my country has passed the 50% digital transactions mark.

It's not a move against bitcoin is a normal thing  in evolution with improving technology.
And no matter what some say I feel safer with just a plastic card in my wallet than a bunch of notes.
Besides, if the National Bank would want to rob you it will do an India style move and all your mattresses full of cash will be worth cents.

But,I think I missed that.China??? own currency???