Post
Topic
Board Bitcoin Discussion
Re: bitcoin cannot replace currency in the world because price is not stable
by
insom
on 28/11/2017, 05:02:45 UTC
I agree with the title of this topic, bitcoin will not replace the fiat currency of the world or different countries because bitcoin is not stable on its price so the purchasing power of bitcoin for different items is not fixed and also the supply of bitcoin is limited only so it cannot supply all the demand of the people in the world so it cannot replace the current fiat system that we have right now.
On the off chance that discussing funds and economy, each cash or resource has some unmistakable upsides and downsides. For instance, in the event that we discuss some significant resources like gold, beyond any doubt it has esteem and a ton of interest from around the globe particularly from financial specialists, new players like digital money can't be disregarded who are outperforming the applicants rapidly and excelling in the diversion. Bitcoin can be viewed as one of the best driving competitors which has officially abandoned gold and is rapidly picking up in on the FIAT monetary forms. It is just a short time that it likewise outperforms the FIAT monetary standards.