Post
Topic
Board Economics
Re: Cryptocurrency
by
aardvark15
on 25/02/2018, 02:37:20 UTC
Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money

I don’t think that decentralized cryptocurrencies will replace government currency but they probably will eventually be used as an alternative form of payment to credit cards and PayPal.  I also think cryptocurrencies will have other functions like store of value or specific functions like internet of things or data storage or various other uses that these altcoins are being created for.