Post
Topic
Board Altcoin Discussion
Re: Cryptocurrencies against the dollar
by
Jackypot
on 13/02/2018, 18:38:53 UTC
Are cryptocurrencies a threat to the dollar?
Personally, I do not think so? Huh
In general yes,because if most of the countries will allow the cryptocurrencies to be used by the people,it can replace the fiat and banking system which is why cryptocurrencies are created.But it will be too hard for our community to expand in most countries because the super power countries are has some regulations or limit to cryptocurrencies today,like U.S and China these countries has some influence to other small countries.
If it is a good point, but the reason why it can not replace the dollar is because the cryptomonedas are volatile, it does not have a fixed value, it is important to highlight the point
good point you mention, but remember that what makes the cryptocurrency innovative is that it is not regulated by any institution