Post
Topic
Board Economics
Re: Bitcoin can not replace fiat
by
Quonelet
on 31/01/2018, 03:08:56 UTC
However if one already owns bitcoins, this problem that you have becomes non-existent.

Yes, but what I am talking about is mass adoption. I don't see my grandmother owning BTC.
Bitcoin wasn't designed to be used by 70 year old ghouls. However the newer generation will get this.
Yes, new owners are the younger generation who accept it as well as the bad things it brings. Bitcoins are threatening the survival of Fiat, and many countries are trying to separate it from Fiat, so it does not adversely affect Fiat.