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Re: Is the presence of Bitcoin able to wipe out cash?
by
MFY151
on 27/09/2017, 17:22:44 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?

I'm sure there will be some point that bitcoin and cash options will reach a equilibrium and not totally removed one another. Still there are a lot of convenience that cash offers that bitcoin will not be able to provide and cash somehow became part of society and different civilizations since ancient times that adapted to changes up to this day. That is why I can't see bitcoin's purpose and capability as to totally make cash obsolete.