Post
Topic
Board Bitcoin Discussion
Re: Crypto VS national currency
by
Cult
on 24/06/2018, 18:00:30 UTC
Presently, there is no comparism between the two,because crypto is yet to be accepted, but very soon,it is going to be accepted and it will be difficult for our national currency to function without crypto

The crypto cant replace the national currency as for today since it is not stable for now and has a limited supply. Also cryptocurrencies are being used as an asset rather than being a currency for we really can get more profit from it. But we never know in the future bitcoin or other cryptocurrencies will replace national currency

Actually, fixed supply is a good thing for a currency. The fact that governments have monopoly over fiat moeny and can print them out whenever they wish is the root of a lot of economic problems.