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Re: Is the presence of Bitcoin able to wipe out cash?
by
hasmukh_rawal
on 27/09/2017, 17:10:55 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?

No, I dont think Bitcoin is the solution to the weakness of cash, infact bitcoin was introduce in respect to strengthen the country official currency. keep in mind that Bitcoin is a digital currency which is decentralized and Cash is a official currency and it is governed by the Nation's government parties, and so it is not possible to replace the Official currency with digital currency because we dont have any type of control over it. Bitcoin can be made as optional payment if they want to do so, otherwise its not possible to replace cash which is the main stream of payment in all the countries.