Post
Topic
Board Economics
Re: Economical World Of Bitcoin And Its Difficulties
by
Kotone
on 04/01/2018, 04:40:43 UTC
From many months i am thinking about what if " we remove fiat system , and change things into crypto " .. What are the main difficulties we will face ?

1. Internet every where is not yet done.
2. Awareness with Crypto ( but its not a big thing, as most are aware of how to use currency. )
3. Bitcoin is only 21,000,000 and world population is more. ( This can fix by other altcoins same like USD/RUB/CNY etc )

What other difficulties we can face ?



I think that the major problem for this would be that bitcoin runs on the internet and for some cou tries that do not have neccessarily the function to carry this over to their whole nation would not have the full efficiency of using this cryptocurrency