Post
Topic
Board Bitcoin Discussion
Re: Could Bitcoin ever replace conventional money?
by
Seeker#9
on 12/02/2018, 07:47:29 UTC
Could Bitcoin ever replace conventional money?

It is not possible unless a government allow the bitcoin first to be use as a legal tender or approved by the central bank to be one of the main currency. Internet availability in the far flunged areas should be also address to make bitcoin accessible. You can not successfully implement a plan like replacing conventional money by bitcoin if the technological infrastructure in your area is poor. Modernization take time so it is not yet possible in the near future.