Quote from: sublime5447 on June 11, 2018, 07:23:01 PM

Quote from: zhekinsp on May 17, 2018, 01:33:14 PM

Quote from: munareal on May 15, 2018, 08:18:12 AM

The maximum numbers of bitcoin to be mined is 21 million bitcoins. Bitcoin can not be used as money by the whole world because it has a maximum cap. My opinion . What is your stand ?

Bitcoin has the liquidity so one bitcoin cn be divided into so many parts and it maybe enough to handle 7 Billion people of the world.But we don't have only bitcoin as the crypto currencies and other thousand more crypto currencies are also available so it can be enough to replace the fiat money system.

I'm a bit doubting if Fiat will really perish or even transformed into another form, the digital world is no doubt in its development but still cryptocurrencies run using electronic technology and it requires electricity to work, 2 things that can be dangerous if relying entirely on Cryptocurrencies.

Do you suspect that Fiat will completely disappear in the future when the electronic trading market will dominate the trading activity? I do not think so. The development and popularity of Bitcoin is undisputed, but the real value of Fiat is undeniable. Fiat may lose its popularity, but it is certain that Fiat will remain in the works of human society for a long time. Historic values have proven that Fiat will not lose.