Post
Topic
Board Economics
Re: Crypto replacing fiat?
by
Tervelatuk
on 06/08/2018, 11:25:04 UTC
no one can replace fiat money, crypto is just a currency made for a place to invest, crypto is not suitable to replace fiat because its value rises and falls fluctuatively
currently the use of crypto currency is only an investment tool. and has not been widely accepted as a payment instrument. so this is impossible to make crypto currency as a substitute for fiat currency.it will need long time to mass adoption.