Post
Topic
Board Economics
Re: transition FIAT to DIGITAL?
by
aencarnaci
on 20/03/2018, 05:48:42 UTC
how will people adapt change from FIAT CURRENCY to DIGITAL CURRENCY like BITCOIN? Huh

They won't have to adapt because that won't happen. Governments won't allow such situation to happen because they are actually holding the control and not the common people which are holding the decentralized currency. As much as I would like for the Bitcoin to be implemented as a currency within all countries I  know that this situation won't come to the light.
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There are too many people which don't even know how to manage the physical money; how would they in this matter manage the digital?
I don’t really think so that there is such need of seeking the permission from the government if you are planning of converting your paper money into any of the crypto coin.

This is something which is entirely your own choice and that doing this will help you in having more amount of paper money at time when you will sell back your crypto coins. You can do this for having a better tomorrow as well.