Post
Topic
Board Economics
Re: Crypto replacing fiat?
by
mamarried
on 17/08/2018, 18:01:34 UTC
Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.   
We can just imagine that because I think it is impossible to happen, at least at near 10 years from now we are just not ready with our minds to Embrace the total replacement of cash with crypto.