Post
Topic
Board Economics
Re: Cryptocurrency as our Fiat
by
worle1bm
on 21/12/2017, 14:41:02 UTC
Do You think that at some point in our society, Cryptocurrency will be our daily fiat and be an essential part of our economy? Can you cite your ideas on how Cryptocurrency change our Fiat?
The use of these cryptocurrencies is still limited and only 15-20% of the population is dealing in this business or is aware about the market and technology and if the question arises like replacing of fiat by crypto dont seems possible at some point because fiat has gained faith of large population from the past and is widely used and because it is legalized by govt. they can exchange it easily for goods which is not the case with altcoins.So fiat gain dominance over other coins in all aspects and remains ahead of it.