Post
Topic
Board Bitcoin Discussion
Re: Cryptocurrencies Can Never Replace Fiat – Says EU report
by
KeijiN
on 02/07/2018, 22:46:01 UTC
The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has come up with a report on cryptocurrency entitled “Virtual currencies and central bank’s monetary policy: challenges ahead”. The finding of reports shows that cryptocurrency will not replace fiat currency, even in the long term. https://bit.ly/2NeLgLr

It is fair enough I can accept and agree on that because cryptocurrencies the way they are right now can not replace the fiat,  they need to be changed and regulated, become more stable.