Post
Topic
Board Economics
Re: Will Crypto currencies make local currencies disappear?
by
zedicus
on 22/05/2018, 11:51:16 UTC
Competition between local currencies Vs crypto currencies are in peak now. Crypto currencies have occupied currency market causing local currencies enforce (banks) banning of crypto currencies. We can see number of investors have turned towards to bitcoin and other crypto currencies with large scale. Will there be a chance / time bitcoin and other crypto currencies rule over currency market and local currencies get disappear slowly in a decade or two?
Yes, no doubt with that for me, i like studying the market movements or state what was going on other than monitoring cryptocurrencies. What i see the time will come japan, china , russian and other countries that is using crypto now and considering it as valuable other than local currencies sees to be a big changer that this crypto is about to change currencies. US dollar is the main thing around here now when Pres. Donald Trump becomes a president of the US a long story but its effect has gone different that suggests a dollar is about to crash anytime soon. I saw how dollars was been fast decreasing its market value. Time can only say how long they can prolong the USD market value. This is about to happen Let's accept that bitcoin, and other currencies will be soon our partners in buying things.