Did Virtual currencies can affect to Local currencies?
How come did local currencies benefited to virtual currency?
For me Virtual currencies are very helpful to people now a days especially to online world. We can easily pay online when we buy clothing, furniture, gadgets and even online gaming by using virtual terminal.
How can local currencies benefited to cryptocurrencies? By using cryptocurrencies to buy anything online the local benefited it by doing the exchange. Now a days many people do online payments using cryptocurrencies so instead using local currencies, they do exchange the local currencies to virtual currencies for easy process.
Cryptocurrencies are very helpful to people now a days.
If I convert bitcoin to my local currency so its more than enough for me and to be honest with you not only I buy things for my kitchen but also I pay all my bills and I pay my tuition fess and still a lot of money is left with me which I keep save in my account because bitcoin price is very high in my country so bitcoin is better than local currency and still bitcoin is going high in my country bitcoin is now unstoppable.