Re: What could be the next decentralized altcoin that might be a medium of exchange?
Bitcoin is great! it will be the next digital gold (gold 2.0) a great store of value with only 21M coins.
But when will the revolution reach the medium of exchange sector?
When will a cryptocurrency replace FIAT?
What is needed in order for that to happen? some ppl say LN (lightning network) will help, and that the issue is scalability.
I think it is in the monetary system. people will prefer to HODL the BTC, and use the USD to buy stuff.
What do you think?
But when will the revolution reach the medium of exchange sector?
When will a cryptocurrency replace FIAT?
What is needed in order for that to happen? some ppl say LN (lightning network) will help, and that the issue is scalability.
I think it is in the monetary system. people will prefer to HODL the BTC, and use the USD to buy stuff.
What do you think?
I dont think cryptocurrency will replace FIAT . Remember that there is still alot of people that dont use internet or any other new technology like smartphones and stuff like that . Maybe it will be like alternative to FIAT , but not to replace it
Its too early for that . And elite would not let to replace FIAT so Easily lol