Post
Topic
Board Bitcoin Discussion
Re: Do you believe that digital currencies will replace Fiat?
by
Clavulanic
on 26/11/2017, 23:53:52 UTC
We had a similar question posed at dinner this evening with business colleagues. There is definitely a possibility in my opinion however one question was the connectivity issue.. Time will eventually conquer this but what about people who can jam/restrict the connectivity?
Bitcoins is upheld by a large number of people groups and furthermore by a few governments that is the reason its appears that soon the advanced currency will supplant the fiat and afterward the bitcoins will be additionally on the best and will utilized by every one of the general population will utilize bitcoins in light of the fact that bitcoins is more beneficial than the other computerized currencies.

I agree that bitcoin has more benefits not just with other computerized currencies, because it's been having much more stability from previous past months. The volatility state was surpassed and even if it goes down until $2000, I guess it's not that bad for the economy of digital currency due to more opportunities may risen up and also more chances of other crypto's to increase further. For me no idea for replacing fiat currency with digital, because people around the world is not yet been educated for how bitcoin really works for each and everybody's lives. It's not good to force the fiat economy to adopt the system, because it may bring bad effects which could result as economy collapse.