Post
Topic
Board Economics
Re: Bitcoin and Fiat - this is how I see the future
by
fabrizoc
on 15/08/2018, 07:30:49 UTC
My friends and I have become more and more fond of bitcoin, because in my country fiat is depreciating every day, and constant inflation will make people hold it as little as possible in the future.

It is good to have a mind set that appreciates the ownership of Bitcoin and earning by investing in it. But the future will not be all about Bitcoin and non about fiat. It will rather be a mix of both because of the unavailability of the facilities to use Bitcoin. Besides, many countries might not recognize crypto for their own good for their economies are not so much developed observing a shift from fiat system to cryptocurrency will be a big change for them which sometimes become difficult to counter.