Post
Topic
Board Economics
Re: 99% of the people still think that fiat money are better than crypto
by
noblesse09
on 15/11/2017, 13:04:07 UTC
I was talking with a friend of mine about cryptocurrencies and he said:
"Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money. Grin"
Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions?

maybe because of the norms that the society only accept as payment method is fiat money. and when another kind of monetary system come up we will just ignore it at first because we dont want change.. but when bitcoin created many people dont know its potential and when years passed people curious about bitcoin and now plenty people investing on it because of its security and not manipulated by any kind of government entity or country. because of the blockchain technology behind it people accept bitcoin now as a payment method store value of money. the growth of bitcoin in the span of 1 year is so huge.