Post
Topic
Board Economics
Re: Cryptocurrency as our Fiat
by
error08
on 27/12/2017, 23:59:23 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?

I'm not sure of it as bitcoin struggle to reach scale solution, this problem has been discussing for years but can't be solved so far.
Bitcoin as medium of exchange or means of payment can be achieved if scale problem already solved and the governments legalized bitcoin as legal payment method such as in Japan and Belarus, in these countries people can easily spend bitcoin everywhere, even to pay bills as well.