Post
Topic
Board Economics
Re: What will happen to the banks if people uses cryptocurrencies more than fiat?
by
bossloccox
on 03/04/2018, 10:41:28 UTC
Maybe if the cryptocurrency is legalized by the government in the future, banks will create their own digital currency so they will continue. Perhaps before that time banks have also created new strategies so they would not be lost in the market due to the different cryptocurrency that appearing today. Fiat money it is simply a paper printed by the govenment and they made it a legal money . Anytime they want to replace cryptocurrency fiat money will lose value immediately.