Post
Topic
Board Off-topic
Re: Is the presence of Bitcoin able to wipe out cash?
by
ramsdaj28
on 27/09/2017, 11:57:09 UTC
As it is famous today. that Bitcoin is the solution to the weakness of cash. Many people are switching from cash and using Bitcoin.
If this continues to happen then the cash will be destroyed.
what do you think about it?
will Bitcoin be replacing cash?
what if the cash impact is no longer used?
A big NO. I don't see bitcoin wiping out cash. Instead, bitcoin will be used together with cash in the future (and even today). The main function of bitcoin for people using it is like that of a credit card or bank account. People can keep their savings in their bitcoin wallet and could use them in the future when needed. There's no need to go to banks to deposit or withdraw since people can already deposit their money through remittance centers going to their bitcoin wallet.